Myth #1: Using Internal Resources for Profitability Enhancement Initiatives Produce Better Outcomes
Myth #1: Using Internal Resources for Profitability Enhancement Initiatives Produce Better Outcomes
Posted by Mike Emmons on Jul 13, 2020
It is not uncommon for banks and credit unions to evaluate and conduct their own profitability enhancement initiatives. This process usually consists of an internal team coming together from various departments within the organization to undertake ...
Final Recap: How to Deal with the Coronavirus Pandemic
Posted by Stephanie Jordan on Jun 25, 2020
Over the past few months your bank or credit union has been busy taking care of your customers and members amidst the Coronavirus pandemic. In our recent webinar, “How to Deal with the Coronavirus Pandemic… A Huge Dilemma for Financial ...
"To Fee, or Not to Fee," Rebuilding Profitability During the Coronavirus Pandemic
Posted by Nicholas Ceto on Jun 17, 2020
Over the last few weeks, we have covered a number of topics from steep economic challenges facing banks and credit unions to the future of regulatory intervention. We’ve also discussed the importance for financial institutions to shift their focus ...
Future Regulatory Intervention and the Coronavirus Pandemic
Posted by Stephanie Jordan on Jun 11, 2020
In previous blogs we’ve discussed the current challenges facing financial institutions today and have provided some suggestions on how to address them, but what about challenges that are out of our control? Today, we want to discuss what we may see ...
Challenges Facing Banks and Credit Unions During the Coronavirus Pandemic
Posted by Stephanie Jordan on Jun 4, 2020
During these trying and unprecedented times, banks and credit unions are going out of their way to take care of their customers and members. As a consulting group, we are closely monitoring the challenges facing financial institutions today and into ...
Relief and Assistance Efforts: Legislative Programs and Guidance During the Coronavirus Pandemic
Posted by Stephanie Jordan on May 28, 2020
As we mentioned in our previous blog, shelter-in-place orders and the virus in general has led to massive unemployment through layoffs, furloughs, and reduced hours for hourly employment. Due to high unemployment, government agencies have stepped in ...
Similarities Between the 2008 Financial Crisis and the Coronavirus Pandemic
Posted by Stephanie Jordan on May 22, 2020
In our last blog post we discussed how the Coronavirus was different from our prior economic crisis by beginning as a health crisis, then causing a financial crisis as well. In this blog, I want to discuss a few distinct similarities between the ...
Coronavirus: From Health Crisis to Financial Crisis
Posted by Stephanie Jordan on May 14, 2020
As we all know, we are currently living through an unprecedented, and what will become a major historical event. History has always been an instructive and useful tool, as we can look back and see how similar situations were handled previously and ...
Key Takeaways from Money 20/20
Posted by John Mateker on Nov 25, 2019
Like any conference, Money 20/20 had ample educational opportunities through speaker sessions, vendor demonstrations, and open discussions with vendors on the exhibit hall floor. Through vendor meetings and attending sessions, I did learn a number ...
Why You Should Evaluate Your Non-Interest Income Strategy
Posted by The Mad Banker on Nov 7, 2019
We get it, as an executive you are balancing a variety of projects and responsibilities daily to ensure the health and growth of your financial institution. Even though increasing profitability is always a critical goal for any financial ...
Ceto and Associates Celebrates 25 Years of Success
Posted by The Mad Banker on Oct 28, 2019
This week marks the 25th Anniversary of Ceto and Associates! As we celebrate this company milestone, we wanted to take some time to reflect on our history as a firm and the journey we’ve been able to enjoy throughout our clients’ success. We will ...
Updates: Bank Mergers & Acquisitions
Posted by Matthew Speed on Jul 26, 2019
Update: M&A in 2019 2018 was an interesting year for Mergers and Acquisitions in the Banking Industry. It was a fairly average year by number of transactions, 259 deals announced versus the five year average of 260. However, with pricing spiking ...