Profit Improvement/Best Practices

Increased profitability averages 0.19% Pretax ROA.  This includes:

• Improve workflow as the result of operational improvements and procedural recommendations.

• Increase earning assets through improved cash and float management.

• Increase interest income.

• Reduce interest expense.

• Reduce non-labor related non-interest expenses.

• Improve interest and fee income as a result of updated pricing strategies.

• Improve capture of fee income through new fee waiver monitoring procedures.

• Improve information for managing the organization’s performance.

• Improve marketing and customer service.