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The financial services industry continues to face unprecedented revenue challenges as a cascade of legislative and regulatory actions promise to limit income generation from traditional fee-based services. Clearly, financial institutions need a way to replace reduced or lost fee-based revenue while also meeting the consumer's savings and safety needs.
Strunk Financial Services has been helping our clients create compliant, forward thinking fee income solutions for over 30 years. More recently, we have been evaluating the regulatory and legislative compliance environment; analyzing checking product restructuring approaches; comparing fee structure scenarios; developing service options and refining fee-based value-added services that would make a checking fee highly palatable to consumers.
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