Entries by Mike Sobba

Strunk’s Loan Pricing Solution Will Increase Income

Over the past 30 years Strunk has helped over 1,800 community financial institutions increase income with a variety of innovative products and services. Their most recent solution is a loan and relationship pricing tool that will increase your bank’s net interest margin. Starting in 1993, Strunk was the pioneer in overdraft privilege programs which turned […]

How Does a Formal Overdraft Program Benefit Consumers

Formal overdraft programs are prevalent in community banks and consumers have benefited from them for over 30 years. Many articles have been written about the pitfalls and risks that consumers face from overdrafts and some of them are true. In reality, providing a consistent methodology to paying items that create an overdraft benefit both banks […]

Bankers: It’s Time to look at a Loan Pricing Solution

Pricing commercial loans for community banks can be daunting especially in areas where they compete for loans with larger institutions. With a yield curve that has changed dramatically over the past 18 months, isn’t it time your senior commercial lender looked at a loan pricing solution? Commercial lending comes all shapes and sizes and borrowers […]