Jeff For Banks

MAY 2, 2012

'About 10 years ago my firm analyzed the hundreds of branches in our profitability database to determine exactly what is "critical mass". We sorted by pre-tax profit contribution as a percent of branch deposits, and further sorted by "direct" profits and "fully-absorbed" profits. The results were not surprising to me. In order to be profitable on a direct cost basis, a branch needed to be $9.5 million in deposits, on average.

New York City 89

New York City Taxes New York Groups 89

Money and Payments

MAY 9, 2012

'One week ago Rabobank Nederland announced that it might de-activate the possibility to use their debit-card outside Europe, in an effort to eliminate fraud. And today the Financieele Dagblad has an article in which it becomes clear that an entrepreneur claims that this is actually his idea and not Rabo. He''s written the idea of functional/geographic application controls (including de-activation for certain geography) down as his idea, sent it to the Rabobank.

Fraud 28

Fraud Payments Innovation Security 28

Jeff For Banks

MAY 21, 2012

'I am sitting at Gate 124 in Orlando waiting for my ride home from a long journey. Prior to Orlando, it was Dallas. In Dallas, I taught bank profitability and strategic planning at the ABA School of Bank Marketing Management. The school is a two year program designed to transform up-and-coming marketing professionals into well rounded bank leaders. I have written a post on these pages regarding training programs (see Are your employees ESWS qualified?

Training 81

Training Kansas City Dallas Resources 81

Jeff For Banks

MAY 8, 2012

'How do you measure the profitability of lines of business, products, or customers? The simplest form is in dollars. But does that measure the profits against the investment required to generate those profits? For example, the riskiest banking products most likely deliver the greatest dollar profits, all other things being equal. At least until the risk comes to roost.

Capital 78

Capital Course Examples Risk Management 78

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Jeff For Banks

MAY 29, 2012

'I have been thinking about interest rate increases for some time now. The Fed lowered the Fed Funds rate to a target of 0 – 25 bps in December 2008. Since that time we all knew that the next move would be up, and pundits have been predicting the “when” like sportscasters predict the next champion. Once the Fed senses economic recovery and inflation indicators start blinking red, they will move.

Examples 74

Examples Management Groups Lending 74