Margins on interest rates continue to be low. While economic conditions have improved a recession looms. Does your bank or credit union have sustainable non-interest income vehicles in place to withstand the current market? The right overdraft program can add to your bottom line and give your account holders an additional service to rely on in trying times. 

Whether you’re looking to make a change or extremely satisfied with your current core vendors, contract negotiations can land you serious savings and bonuses that can be funneled back into your institution to help you meet your 2018 goals. Take a look at how an experienced contract negotiator can help ensure you’re not leaving any money on the table.

There are a lot of unknown factors in the world today that can impact financial stability for consumers and financial institutions alike. But taking a wait and see attitude is no way to address the unknown with confidence. Learn how maintaining a fully disclosed overdraft program – based on the latest regulatory guidelines and best practices – can help protect your institution’s revenue, prevent regulatory uncertainty and provide your account holders with the resources they need to cover life’s unexpected expenses or emergencies.

You may think everything is fine with your overdraft privilege program if no new policies have been issued and it is generating income. But, if you are allowing it to operate with little or no additional oversight, you could be setting yourself up for potential missteps or even violations that can result in costly consequences or poor performance. Learn more about the consequences of putting your overdraft program on auto-pilot.

On November 15th it was announced that Consumer Financial Protection Bureau director, Richard Cordray, is stepping down before the end of the month, eight months earlier than expected. Learn how we help our clients with the most accurate guidance and regulatory perspective.

Waiting to ring in 2018 before addressing your hiring needs? Don’t let end-of-the-year tasks keep you from getting ahead of the competition. Find out how you can stay ahead by using the final weeks of the year wisely.

Last January, did you resolve, with the best intentions, to put your job search into high gear? Or, perhaps you’re waiting for the holiday season to die down before checking out your career options? We have a little secret for you: contrary to what you may have heard about hiring around the holidays, NOW is actually the best time to get started on your job search. Read on to discover why you’ll have the edge over other candidates if you start today.  

With a savvy JMFA contract negotiator on your side, you can secure the best deals from your vendors and save money on your card processing contracts. Along the way, we can also help you secure “digital wallet” services that will help keep your offerings fresh and make you more appealing to the powerful Millennial market.

Everybody has questions the first day on the job. Likewise, bank and credit union employees will certainly have questions when you launch a new overdraft program. You’ll want to be able to answer these questions accurately so they are well-equipped to communicate information to your account holders, thus building trust and fostering a relationship. Learn about the value of proper training in this situation, and why it may not cost you any extra money to provide thorough and ongoing training—but it could greatly improve your bottom line.