Low interest rates and shrinking margins mean increased pressure on fee revenue, but banks fear losing market share if they increase fees. DD&F's Revenue Enhancement Program is designed to uncover opportunities to increase income through raised or new fees without reducing new account or loan volumes.
Our Revenue Enhancement Program will review Retail Transaction Fees, Operational Fees, and Loan Revenues to identify lost fee income, potential fee income and operational opportunities for your bank. We will analyze the market to develop a competitive survey providing marketable fee ranges. In addition, our analysis will identify lost income due to fee leakage.
DD&F will provide a report of our analysis including recommendations of new fee revenue opportunities based on findings and market conditions, and strategies to increase existing up front fees. We will follow through to help insure the success of our recommendations by developing benchmarks and progress tracking methods to achieve planned goals.
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