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Who Has Price Transparency?
January 29, 2023

Price transparency is having checking and overdraft prices on the website for all to see. 43.2% of all 8,401 banks, credit unions, thrifts, and fintechs or 3,681, offering checking were surveyed.
Professor George Easton of Mathematics & Statistics at Emory University designed the survey.
The results on price transparency reveal much!
As usual we would appreciate your thoughts positive, negative, or indifferent.
Semper, Mike
 


Banks Raise & Lower Overdraft Fees
January 22, 2023

Banks use to act like a herd in the past in pricing.
Now some act like sharks while other like dolphins.
The Brave New World of Banking starts now.
Semper, Mike
 


BiG Checking Gets Bigger
January 16, 2023

29 financial institutions control 75% of all +500 Million consumer checking accounts in the USA.
What are their checking characteristics and what do they charge?
This report has the answers and more.
Semper, Mike
 


New Overdraft Law
January 09, 2023

The new year starts off with the first ever free standing overdraft law.
Truth-In-Savings Act (TISA) became law in June, 1993 or almost 30 years ago.
The fee sections of TISA and subsequent regulations were heavily written by Moebs $ervices.
Semper, Mike
 


What is Moebs $ervices?
December 23, 2022

Learn more about how Moebs $ervices and Adam $mith Labs can help your bottom line in 2023.
The future is so bright you gotta wear shades.
Happy Holidays!
Semper, Mike
 


Checking Profitability?
December 11, 2022

Less than 25% of checking accounts make a profit.
This report gives you insight into the complete profit structure of what the world calls, Transaction Accounts.
Your comments and views positive, negative and extraordinary are welcomed.
Happy Holidays, Mike


Revenue: Interchange vs. Overdraft
November 27, 2022

Ever wonder what total annual consumer interchange is? Is total interchange revenue greater than overdraft revenue?
What’s the right mix of interchange revenue and overdraft revenue? Can Interchange and ODs work hand and glove?
Moebs $ervices finds solutions but you cannot solve something without knowing the facts. Read below the answers to the questions.
As usual we welcome positive, negative, and extraordinary comments.
Happy Holidays, Mike


Money, Fees, & Deposits
November 15, 2022

As the holiday season approaches there are three choices:
Christmas of Dreams, Christmas of Means, or Scrooge.
Why? The consumer has $2.2 Trillion in excess checking dollars: Spend, Save, or Invest?
Read how the holidays will dictate the level of recession and inflation – see below.
Your comments, positive, negative, or exceptional are wanted.
Semper, Mike


Overdraft Holiday Needed
October 31, 2022

As Halloween is upon us scary things came out of Washington DC this past week.
The CFPB and the White House labeled overdrafts “surprise, junk fees” on deposit accounts.
The article below outlines solutions to make more revenue with what Washington D.C. is suggesting.
Oh, and let’s put the consumer first by lowering fees.
Your comments: positive, negative, and exceptional are wanted.
Happy Halloween!
Semper, Mike


'List Price' Not True OD Price
October 24, 2022

CU Today publication took a different perspective than the M$ original report sent you yesterday.
Reminds me of taking a road racing Jaguar for a spin on the country roads of Great Britain, and reading the manual on windscreen wipers, “. . . and the fourth setting is for motoring in the rain in excess of 120 mph.”


Overdraft Burger Price
October 23, 2022

In March, 1992 overdrafts started in earnest with a front page story in the New York Times of a latte costing over $30.
In the past two years overdrafts have dropped dramatically in price. Why? Read this article and find out.
Moebs $ervices has taught how to price not what to charge for ODs in its Pricing Institute to over 10,000 executives worldwide.
We welcome your comments and suggestions good, bad, and exceptional.
Semper, Mike 


Falling OD Price Increases OD Revenue
September 29, 2022

Overdrafts are not Junk Fees nor Surprise Fees.
Overdrafts are seat belts for the Checking Car for the Average American.
Your comments and questions are welcomed.
Semper, Mike


Financial Service T-Rex
September 25, 2022

It is not assets that rule the depository businesses. It is having 1,000,000 or more consumer checking accounts, i.e., transaction accounts, or T-Accts for short.
“Tyrannosaurus Rex was the largest and most fearsome dinosaur of all time. BiG Checking has 28 financial institutions (FIs) with 1 Million or more T-Accts. – these are the T-Rexes of financial services,” states Michael Moebs, Economist & CEO of Moebs $ervices (M$) a financial service economic research firm.


Payday Lenders Grab Overdrafts
September 11, 2022

Payday Lenders are big business targeting your consumer overdrafts.
Under a $200 daily overdrawn amount their price is lower than most depositories.
After reading the story, your views are important to us.
Semper, Mike


Most Important Consumer Fee?
August 21, 2022

OD Revenue Increase Yet Not to Pre-COVID Levels
"When times are good the consumer overdraws more. When times are bad overdrafts happen less"
G. Michael Mobs, Pricing Financial Services, copyright 1986, current edition.
This is a summary of how overdrafts have dramatically changed with COVID:


Walmart Wants You
August 08, 2022

Walmart is the dominant consumer checking portfolio. 
At 101 Million Checking accounts Walmart has 33M more checking than Number Two, Bank of America!
Read below how this happened, what Walmart offers and how to beat them.
Semper, Mike


How COVID Changed Financial Services Forever!
July 26, 2022

The following report will outline in detail how financial services has dramatically changed since COVID started in 2019.
There is more information via the email shown later in the report.
If financial institutions do not change soon Walmart will take over checking accounts in USA.
Semper, Mike


Evil Payday Loans vs Sinful Overdrafts
June 23, 2022

Do Payday Lenders deserve the bad rap they have?
Why are millions of Americans going to Payday Lenders?
Are Banks and Credit Union Fees from Overdrafts in Trouble?
Read the answers.


McDonald's Rescues Bank Fees
June 14, 2022

How can you determine a fee price especially with inflation?
Do what the Europeans, Canadians, and Australians do – Use McDonald’s Quarter Pounder w/Cheese.
This article shows you how and why.
Semper, Mike
 


Update 1 Million+ Checking Club
June 08, 2022

The Million+ Checking Club is growing and is now 31 financial institutions (FIs).
Can David (FIs < Million Accounts) beat Goliath (FIs > Million Accounts)?
Goliath is more than 74% of all checking accounts. Read how David can win.
Semper, Mike