Post Tagged with: "fee income"

Why You Should Care That Ally Is Going with Anti-Fee Marketing, Again

Why You Should Care That Ally Is Going with Anti-Fee Marketing, Again

by September 23, 2013 at 10:15 am 1 comment

Today, Ally Bank released its latest round of anti-fee marketing. Bankers the nation over should take notice. Here’s how Diane Morais, deposits and line of business integration executive for Ally Bank, which now has $40 billion of retail deposits, as of the end of July, described the bank’s new marketingRead More

Why Bank Alerts Must Become More Meaningful

Why Bank Alerts Must Become More Meaningful

by August 1, 2012 at 11:10 am 0 comments

Sure, banks tell consumers whether their checking balance is “low,” but is that really enough? The answer: no.

Bank of America Should Become a Credit Union

Bank of America Should Become a Credit Union

by March 4, 2012 at 10:43 pm 0 comments

I have decided that the best course of action for Bank of America may be to become a credit union. Despite the regulatory hurdles and government scrutiny that the bank would need to deal with, it may be an easier course of action than trying …

Big Data Provides Big Opportunity for Bank Loyalty

Big Data Provides Big Opportunity for Bank Loyalty

by February 29, 2012 at 7:30 am 0 comments

In a new regulatory environment, banks are faced with changing the foundation of rewards programs that were previously funded by interchange income from credit and debit cards. With debit interchange funding gone, FIs still need to continue to find way…

Did Social Media Cause Big Bank About-Face?

Did Social Media Cause Big Bank About-Face?

by October 31, 2011 at 11:13 pm 0 comments

A month after Bank of America and other large banks announced the levying of a monthly debit fee for debit card use, virtually all of the big banks that were either testing or had implemented a debit fee have backed off of their plans amid a groun…

Is Bank Transfer Day a Small Bank Trojan Horse?

Is Bank Transfer Day a Small Bank Trojan Horse?

by October 20, 2011 at 6:47 pm 0 comments

“A Good Day to be a Credit Union” is the headline of an article from Myriam Digiovanni in the October 19 Credit Union Times discussing the upcoming November 5 “Bank Transfer Day”.REALLY??According to numerous news articles and coverage in both mainstre…