CFPB: Are They Coming to Get You?
A bank trade association CEO asked me a couple of questions while he was researching an op-ed piece. The edited Q&A is below. Q. Shouldn’t the CFPB work to address […]
Banking’s Top 5 Total Return to Shareholders: 2020 Edition
For the past nine years I searched for the Top 5 financial institutions in five-year total return to shareholders because I support long-term strategic decision making that may not benefit […]
Could Net Interest Margin Woes Spell Opportunity?
When an in-person strategic planning retreat has to be hastily switched to a virtual one, sacrifices must be made. And in this case, I simply didn’t have the time to […]
Are Your Management Reports Just An Illusion?
Many financial institutions produce management reports using data only from their general ledger systems. An example is producing branch profitability reports limited to data from the branch’s cost center. Limiting the […]
Two Ideas to Lower Operating Cost Per Account
Last week I wrote a TKG Perspective’s article on Bank Profitability in 2019. I congratulated community financial institutions for delivering a positive trend in business checking account operating cost per […]
Banking Profitability Roundup
End of year brings banking industry summaries. Some are very good, such as this one written by Jeff Davis of Mercer Capital (Mercer). In his summary, you’ll find charts and […]
How To Do Product Management Without Product Profitability
Quick answer: I don’t know. I posited this question on Twitter because product management has come up during various financial institution strategic planning sessions. I also don’t know of many […]
Is It Customer Loyalty That You Seek?
Why are customers loyal to your financial institution? I hear many reasons in strategic planning sessions: 1. Our people. They are loyal to their lender, branch manager, etc. 2. Our […]
Bankers: Is It Worth Buying Checking Accounts
At least somebody noticed. Noticed that I might be a valuable checking account customer. Aside from credit cards, I don’t get much attention from bankers or financial advisors. Maybe the […]
Right-Sizing Your Branch Network? How One Community Banker Made the Tough Decisions
Guest: Jerry Champi, President and CEO, FNCB Bank Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking […]