Length of time in
No-Bounce business
|
21 years
|
 |
Technique
|
 Honor checks
Meet consumer needs
Charge OD fees
|
|
| Approach |
Individualized Debit $coringSM
Highest overdraft limits
Customized for each institution
|
|
| Program in compliance |
Yes—bulletproof |
|
| Check losses |
Highly controlled and very low |
|
| Expense reduction |
Significant savings in clearing fees |
|
| Benefits |
Increased net revenue
Increased consumer satisfaction
Higher account holder retention
|
|
No-Bounce
and free checking |
Used together or separately |
|
| Computer software |
No new software needed |
|
| Implementation |
Weeks |