Published on February 27, 2019
A case study brought to you by John M. Floyd & Associates and CUNA Strategic Services.
When a low interest rate environment negatively impacts the spread between interest income and interest expense, profitability suffers no matter an institution’s size. Couple that with fewer dependable sources of revenue, and the ability to cover operational costs can be extremely difficult for community banks and credit unions without substantially raising existing fees.
Learn how one credit union implemented a member friendly overdraft program to overcome a low interest rate environment.