Tuesday Topic: What Replaces PPP Revenue?

We view the PPP as a blip on the radar screen, and will continue with basic banking practice, focusing on net interest margin.  We may examine making adjustments in fees to make them more reflective of our costs.  Most of our business models are lop-sided, with a lot of our customers benefitting from "free" services, financed by the smaller group of fee-payers.  Not sure if or when this inequity will change, but our customers continue to expect to receive a whole lot of services at no cost to them.

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Mary Fowler
Chief Executive Officer
The Peoples Bank
Magnolia, AR
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Original Message:
Sent: 03-22-2021 17:09
From: Barb Rehm
Subject: Tuesday Topic: What Replaces PPP Revenue?

As the Paycheck Protection Program tapers off, bankers are being asked what's next? Where will revenue growth come from? How is your bank preparing? Share your thoughts, please.

 

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Barb Rehm
Senior Managing Director
IntraFi Network
Arlington VA
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