The Headache: Many banks face increasing financial pressures these days. Traditional activities aren't as profitable as they once were.
Our Question: What steps has your bank explored in repricing and otherwise rethinking bank service fee philosophy?
Come see what other bankers think, and add your own views
Part 1: What is your bank doing to rebuild profitability?
Banks face financial pressures and we recently asked prescribers how they have been addressing them through repricing, diversification, and staff reorganization. Loan spreads have grown quite thin in many banks; loan demand frequently comes in low compared to the past; and some steady revenue producers don't do what they used to do. Here is what bankers said on the first point, repricing. Future "Pass the Aspirins" online and in our monthly magazine will examined the other two issues.
If you would like to join our regular list of "prescribers," to whom we send questions, please email Executive Editor Steve Cocheo today.
Let's hear your views and ideas below! (Editorial Note: Contributions to Pass the Aspirin may also appear in our print edition. While we will ask for your e-mail address, this is only as an aid to verifying identity and will not be used for any marketing or promotional purpose. The e-mail address will not be published.)