Latest comments for http://www.ababj.com , comment 0 to 2 out of 2 comments http://www.ababj.com Sat, 25 May 2013 01:09:48 +0100 FeedCreator 1.7.2 http://www.ababj.com/myblog/how-is-your-bank-saving-money-on-everyday-operations.html#pc_472 We’ve been looking for cuts, and one that we’ve found is janitorial expenses. We’ve reduced our cleaning schedule to twice a week, and that’s saving some money. - Charles Brown, chairman and CEO Wed, 26 May 2010 13:05:47 +0100 http://www.ababj.com/myblog/how-is-your-bank-saving-money-on-everyday-operations.html#pc_471 Our most significant areas of savings are in marketing and charitable donations, and we’ve made cuts in other areas, too. Examples: • We are still marketing, but ad sizes may be reduced, and sometimes we’ve cut frequency of advertising to reduce costs. • Sponsorships are at a reduced level. • Promotions are more directed, and less lavish—but hopefully more meaningful. • Each area of supply has been more specifically reviewed for inventory levels, and we’re doing more price-shopping. One example: we went from using a postage meter to using stamps. • We’ve grown more responsible on maintenance contracts—negotiating harder, exploring alternatives, and balancing remaining value in equipment versus contract coverage and cost. • We’re still using part-time staff where necessary, but we’ve been limiting the number of hours. For instance, we try to cut back by a half-hour to an hour a day. • We’ve also eliminated overtime for full-timers. - Myon Rozell, president Wed, 26 May 2010 13:03:39 +0100