Overdraft prices drop drastically again!
When will your institution drop prices below $20 to be competitive?
Lowering OD prices makes more revenue – read the report below and learn how.
Your comments, questions, and thoughts wanted.
Semper,    Mike

Oldsmobile, Mercury, Pontiac, Plymouth, and Studebaker were American cars.
NSF, Stop Payment, Return Deposited Item, Deposit Transfer, LOC transfer were American fees.
Are any of these cars still in your garage or fees on your Fee Schedule?
Semper, Mike
 

29 Depositories control 74% of all consumer checking in the USA.
Can you compete with these financial institutions in your market?
Read the report and learn how.
Let's hear from you soon.
Semper, Mike

The Banking Crisis is stabilized.
Deposits of all financial institutions in U.S. are not $16 Trillion but over $21 Trillion.
Reform is needed and this Report gives the numbers and options to make changes.
Your comments are needed.
Semper, Mike

The most significant change in overdrafts in more than 50 years happened in 2022.
The OD price fell more than 25%.
The result is startling!
Your comments are encouraged.
Semper, Mike

The banks Silvergate, Silicon Valley, and Signature closures make Deposits critical.
This report shows where the consumers are keeping their funds.
The conclusion shows action steps to keep and get deposits.
Please contact us with any questions or concerns.
Semper, Mike
 

Last Friday the $209 billion Asset Silicon Valley Bank was taken over by the Federal Reserve. This is the second largest bank failure in U.S. history. For some, this takes us back to the 2008 Great Recession and 1930’s Great Depression when many banks, credit unions, and thrifts failed.

Complying for overdrafts is much more than Truth-In-Savings.
This report shows 6 major overdraft challenges.
Risk is at the heart of all OD struggles.
Your comments of any kind are welcomed.
Semper, Mike
 

In the intercity ghetto on Chicago’s Southside where I grew up the junk yard was a place to go with household junk hoping to get a small price from the owners who were called “Junkmen.”
In light of the State of the Union address let’s put “Junk Fees” in a proper context.
Financial services nor the 2.4 million people who do financial services are not junk.
Your comments are welcome positive, negative, or indifferent.
Semper, Mike
 

The Overdraft Prices shown include banks, credit unions, thrifts, and fintechs.
Moebs $ervices is the only source of complete OD data for all who offer checking.
Let us know your thoughts on this report.
Semper, Mike
 

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 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
 

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
 

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
 

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
 

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

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

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

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

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.”