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Fee Income - Banking Exchange
Overdraft fees, nonsufficient funds (NSF) fees, and similar fees are under increased regulatory scrutiny
The $182 billion bank has removed the charges for all of its 2.3 million customers
Regions Bank waives fees and offers other relief while American Express donates to the American Red Cross
Spending fell as the economy closed at the end of Q1 2020 and consumers sought to be “diligent” with debts
Investors have shied away from bank stocks despite multiple stress tests showing the sector to be performing well amid the pandemic
Innovators can only give things away for a limited period of time before their funders demand to see profitability
Fed more recently announced that it would hold interest rates steady for the foreseeable future
Survey on trends and issues in business banking also finds majority of business owners prefer online account opening and loan applications for business needs
10 financial institutions are backing a new trading platform called "Members Exchange"
In actuality the benefits go beyond that and into a corporate culture of innovation
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Banking Exchange Interview with
Rachel Lewis of Stock Yards Bank

As part of the Banking Exchange Interview Series we and SkyStem are proud to present our interview with Rachel Lewis, Assistant Controller at Stock Yards Bank & Trust.

In this interview, Banking Exchange's Publisher Erik Vander Kolk, speaks with Rachel Lewis at length. We get a brief overview of her professional journey in the banking industry and get insights into what role technology plays in helping her do her work.

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