TITLE

Lots of Overdraft And Checking Revenue Remain Up For Grabs

PUB. DATE
September 2011
SOURCE
Credit Union Journal;9/19/2011, Vol. 15 Issue 36, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents the insights of Michael Moebs, economist and chief executive officer (CEO) of Moebs Services Inc., on the importance for credit unions in the U.S. to take advantage of the opportunity in overdraft and checking revenues that banks are offering to offset any interchange losses.
ACCESSION #
66357754

 

Related Articles

  • Changes Recommended To Boost Overall Yield On Auto Loans.  // Credit Union Journal;3/5/2012, Vol. 16 Issue 10, p12 

    The article reports that Moebs Services Inc. chief executive officer (CEO) Michael Moebs expects U.S. credit union will implement application fees and other charges to increase and cover the cost of their lower auto loan rates in 2012.

  • The Over Under. Birch, Ray // Credit Union Journal;6/10/2013, Vol. 17 Issue 23, p1 

    The article reports that the overdraft income of U.S. banks, thrifts and credit unions dropped by about 1 billion dollars in the first quarter of 2013, based on a study by Moebs Services. Moebs Services chief executive and economist Michael Moebs said that it was caused by consumers getting...

  • Over Overdraft? Birch, Ray // Credit Union Journal;9/16/2013, Vol. 17 Issue 36, p28 

    The article reports that according to a survey conducted by Moebs Services Inc., it has been found that in the U.S., overdraft (OD) usage at all financial institutions has dropped at the close of the second quarter of 2013. Michael Moebs, economist and CEO at Moebs Services, explained that the...

  • Banks Save Money With Fewer Checking Account Options: Report. Todd, Sarah // Banking Strategies Daily;3/3/2014, p1 

    The article discusses a study conducted by an economic research firm, Moebs Services, which investigates that banks losses range from an average of 0.83 percent on their checking account portfolios because account maintenance costs surpass revenue. It presents the views of American Banker and...

  • Suits Bring Scrutiny To Transaction-Posting Policies.  // Credit Union Journal;8/6/2012, Vol. 16 Issue 32, p1 

    The article focuses on the increase in the number of lawsuits filed against credit unions (CUs) which alleged unfair overdraft pricing. It says that CUs have responded in the suits and argued their innocence from unfair business practices. Michael Moebs, chief executive officer (CEO) at Moebs...

  • Another Voice Urges A Rethinking Of Policies On Fees And Pricing. Birch, Ray // Credit Union Journal;2/18/2013, Vol. 17 Issue 7, p10 

    The article presents views of Michael Moebs, economist at Moebs $ervices on the need of improving the non-interest income by credit unions (CUs). According to him, CUs has to focus on various key areas that have to be considered for improving the non-interest income including the overdraft fees...

  • Overdrafts Climb as More Struggle to Meet Expenses: Report. Todd, Sarah // American Banker;12/ 9/2013, Vol. 178 Issue 187, p10 

    The article focuses on the challenges faced by Americans to meet expenses due to increase in overdrafts in third quarter of 2013, as reported by economic research firm Moebs Services Inc. Topics discussed include 1.6 percent increase in lenders' overdraft income, effect of overdraft fees on...

  • As U.S. Credit Unions Approach $1 Trillion, A Host of Challenges. Birch, Ray // Credit Union Journal;1/9/2012, Vol. 16 Issue 2, p8 

    The article discusses the problems of the U.S. Credit Unions (CUs) in reaching one trillion dollars of assets in 2012. Economist and Moebs Services Inc. chief executive officer Michael Moebs says that the growth of the credit unions may be suppressed without increasing capital and stronger...

  • Check, Please: Rising Fees Could Drive New Members.  // Credit Union Journal;1/30/2012, Vol. 16 Issue 5, p1 

    The article reports on the banks' rising fees and overdraft hike that could lead bank customers to move over credit unions. It says that according to Michael Moebs and Moebs Services Inc. research, banks raised overdraft fees by 2.50 dollars in 2011 which results to switching of bank customers...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics