“Many financial institutions (FIs) use government rates to determine deposit rates; is this the best methodology?”
“Rate pricing is no different than buying groceries or using a plumber. . . loans are molded by deposits and both shaped by the local free market.” G. Michael Moebs, Chair of Moebs $ervices, LLC (M$)
a Private Financial Service Research Firm.
Lake Forest IL (April 16, 2024) Deposit rates stayed the same since surveyed the first week of January.
“However, the amount of deposits is becoming more and more important,” explains Moebs. “Consumers and small businesses are consolidating multiple funds into fewer deposit FIs. The obvious reason is to get a better rate.”

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“Understanding the OD past unlocks how to greatly lower the OD price, yet raise net revenue for each financial institution (FI).”
“ODs are now at their lowest price in nearly 30 years and changing the overdraft process lowers price and raises net revenue.”
G. Michael Moebs, Chair of Moebs $ervices, LLC (M$)
a Private Financial Service Research Firm.
Lake Forest IL (April 7, 2024) Net OD revenue for 2023 is down (5.7%) to $31.4B with Banks (8.1%), Thrifts (28.6%), but Credit Unions up 2.2%. The most significant reason is more FIs are lowering OD prices.

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“ODs are a Mix of Irish Whiskey Prices this St. Patty’s Day – High, Stable, Low and Zero.”
“In an uncertain price environment, the party who strikes a low price first often gains market share.”
G. Michael Moebs, Chair of Moebs $ervices, LLC (M$) a Private Financial Service Research Firm.
Lake Forest IL (March 17, 2024) Green states celebrate St. Patrick’s Day with lower overdraft (OD) prices than the other states - that’s no blarney! The average list price of an OD is $29.54, while the actual price is gaged by taking the OD price times the number of checking accounts from financial institutions (FIs) = $23.02.
“Only at Moebs Services can you find the actual OD price,” stresses Moebs. “We are the only firm in the world, measuring both the FI’s OD list price and the number of checking accounts.”

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“Half the States are Matching the Equivalent Treasury Rate.”
“Top Rate goes to Utah with Oregon offering the Lowest Rate.”
G. Michael Moebs, Chair of Moebs $ervices, LLC (M$) a Private Financial Service Research Firm.
Lake Forest IL (March 10, 2024) Nationally the dominant current financial service is 6 month CDs and the rate is 3.97%. Those states in the green are above the national rate and those in orange below the national rate.

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“The Net Interest Margin Keeps Falling As Deposit Rates Keep Rising”
“The riskless saver is now experiencing higher rates for their money than ever before.”
G. Michael Moebs, Chair of Moebs $ervices, LLC (M$) a Private Financial Service Research Firm.
Lake Forest IL (March 3, 2024) Depository savers in the past never got Wall Street interest for their savings. Today they are. The reason is COVID...

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The use of idioms such as “setting something straight” emanated from Pope Gregory and his scientists setting the calendar straight in 1582. That was the year the Gregorian Calander leaped frogged over the Julian Calendar and made time straighter. Julian as in Julius Caesar who set up his time standard in 43 BC to make sure his legions were on time for battle.
Time is based on lunar periods. Some religious holidays are based on the full moon after the Spring Equinox. 
Starting March 1, 2024 Moebs $ervices Reports will be a subscription service.

Does your Website bring you business?
Let this story guide you through the Dos and Don’ts.
Not showing what consumers want from a Website loses business – read why in the story.
Semper, Mike
Starting March 1, 2024 Moebs $ervices Reports will be a subscription service.

A number of readers informed us that the title needed adjustment. Thank you observant readers.
What is the overdraft price?
A new method of measuring using Big Data with AI technology shows the way.
There is a big difference in OD list price vs. OD actual price. Read the answer below in the report.
Semper, Mike
Starting March 1, 2024 Moebs $ervices Reports will be a subscription service.

What deposit accounts are most important?
The Moebs Services answer is what all Americans love!
We ranked what over 75% of Banks, CUs, Thrifts, and Fintechs offer.
No one comes even close to how Moebs ranks all deposits – read ranking story below.
We welcome and want your comments.
Semper, Mike

At stake are 2 Constitutional questions needing answers from Congress & the American people NOT the CFPB.
Is Overdrafting a service needed and wanted by U.S. citizens?
Should pricing of services & products be done by the marketplace or government?
Please send a copy of this report to your Congressional Senators & Representatives.
Semper, Mike 

Do you want to lose those stimulus funds your savers have horded?
Money Market Mutual Funds are taking them away to the tune $767 Billion in 2023!
You can stop this with just one account – read this Moebs report to learn how.
Semper, Mike

The Consumer Financial Protection Bureau would like to bypass Congress on Regulations.
The CFPB report of December 19, 2023 is another installment to get this done.
The Federal Reserve established in 1969 overdrafts are credit but not a loan when Congress passed Truth in Lending.
Should Congress or Rohit Chopra, Director of the CFPB, determine this?
Happy New Year!

Transaction Account (Checking) is the most complex financial service.
It represents both a Demand Service (Free Checking) and a Supply or Deposit Service (Pays Interest).
Marketing and maintaining a T-Acct requires Profitability Analysis – Read this Report to Learn How.
Happy Holiday & Successful New Year,
Semper, Mike

Total balances of Transactions, Insured Savings, & Uninsured Deposits forecast the probability of a recession.
Are Transactions King? What will determine the degree and longevity of economic troubles ahead?
Answers in this critical report for planning 2024 fees, rates, & balances.
Semper, Mike

Debit & Credit Cards provide valuable interchange.
Do not be victimized by Visa & Mastercard price increases.
Read to find ways to do plastic cards right for your financial institution.
Semper, Mike

Basic economics: lower the price and demand for the service rises.
Financial service executives are finding the old, high overdraft price kept volume low.
This report shows how features of checking and ODs can be changed to influence more business.
Semper, Mike

Deposit Rates are coming out of a long hibernation and roaring like a Bear!
Deposit Rates of three, four, & five years are countering Treasury Rates and falling.
Will Powell follow the lead of depositories and start dropping rates? Read on to find out.
Semper, Mike

An overdraft price above $20 is not profitable.
A price below $20 makes money and keeps the CFPB & FTC off your back.
Walmart & Bank of America prove this every day.
Semper, Mike 

Gold existed with humanity long before Jesus Christ was on earth.
Private economist Dr. Robert Genetski gives a unique insight into Gold pricing.
Reflect on the historical, strategic significance of this article for deposits and loans.
Genetski was one of my teachers at the University of Chicago, although we are about the same age.
(His recent book, “Is There Evidence For God?” is an outstanding read to supplement any bible.)
Your comments – positive, negative, or indifferent are strongly welcomed.
Semper, Mike 

Checking is the most important financial service, dominated by Walmart.
Bank of America is challenging Walmart every step of the way.
What type of checking will let you compete with both these approaches and win?
Read further and find out.
We welcome all comments.
Semper, Mike