Posts Tagged ‘Mark Roe’

Risks of a dynamic limit strategy

Risks of a dynamic limit strategy

Any overdraft or courtesy pay program these days faces an intense level of scrutiny. On the one hand, you have regulators calling for overdraft reform and increased focus on overdraft practices during exams. The CFPB [...]

Everybody loses without access to overdraft services

Everybody loses without access to overdraft services

No overdraft fees may sound consumer-friendly — until you realize that people will still overdraw their accounts and need a way to meet short-term liquidity deficits. What does "no overdraft fees" really mean? For some consumers, [...]

Align your overdraft strategy with your market

Align your overdraft strategy with your market

Just as the holidays are approaching, price increases on everything from groceries to gift items to gasoline could have a Grinch-like impact on consumers who were already struggling with the ongoing economic impact of COVID-19. [...]

How does your overdraft strategy impact members?

How does your overdraft strategy impact members?

Lately, there has been much criticism about overdraft programs, stemming from the lack of transparency inherent in some program strategies. Much of the current disapproval expressed by critics in the political and consumer advocacy arenas [...]

Higher overdraft fees can decrease revenue

Higher overdraft fees can decrease revenue

Emerging from the impact of the Coronavirus pandemic, credit unions are focused on how to recover revenue lost to a decline in transaction volume and non-interest income sources. But as consumers remain cost sensitive and [...]

One-size strategies don’t fit all situations

One-size strategies don’t fit all situations

The past year has highlighted the vital role community financial institutions play in helping businesses thrive and consumers maintain their financial well-being. It has also taught us a great deal about the industry's ability to [...]

Weigh your options carefully for optimal outcomes

Weigh your options carefully for optimal outcomes

With the growing number of fintech companies entering the marketplace, traditional service providers are upping their game to improve the banking experience. As a result, consumers have a lot more choices when it comes to [...]

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