Fee Income Shrivels in Pandemic's Wake

Barb,

Thank you for continuing to bring more value to the Executive Community. the complimentary posts from S&P are extremely useful.

John

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John Tyson
CFO/SVP
Altamaha Bank & Trust Company
Vidalia GA
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Original Message:
Sent: 09-02-2020 07:30
From: Barb Rehm
Subject: Fee Income Shrivels in Pandemic's Wake

if your fee income is way off, you're not alone. S&P Global's Market Intelligence reports that fee income as a percentage of the industry's operating revenue plunged 49% in the second quarter. Overdraft fees fell the most, but maintenance and ATM fees also took a dive. You can read more about this trend and where it's headed in our new weekly post compliments of S&P Global Market Intelligence and no login required.

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Barb Rehm
Senior Managing Director
Promontory Interfinancial Network, LLC
Arlington VA
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