Profit Improvement/Best Practices

Increased profitability averages 0.19 Pretax ROA.  This includes:

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

• Increased earning assets through improved cash and float management.

• Increased interest income.

• Reduced interest expense.

• Reduced non-labor related non-interest expenses.

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

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

• Improved information for managing the organization’s performance.

• Improved marketing and customer service.