In 5 years maybe 10, coin, currency and paper checks will be just about gone.
Mobile Devices lead by Smart Phones will become as common as footwear.
Yet some will chose to go bare foot.
Text, phone, email with any questions or comments.

Deposit Interest Rates signal the Fed should decrease rates. But will they?
What Milton Friedman Might Tell the Fed?

Looky, looky, looky, 6mo CD to 60mo CD rates fall.
Savings, Checking, Money Market and 1mo  & 3mo CD rates stay the same.
Credit Union double all the rates of Banks, Thrifts & Fintech,
My Oh My Chair Jay Powell what is the deposit marketplace telling you?
Questions, comments and more welcomed.

Is Overdraft fee price really inelastic – raising OD price increases OD revenue?
Please read our latest research release and find out.

The Fed will not lower the Fed Funds Rate until 2020.
Read the following Moebs’ Research Release and find out why.
No one has ever look at Fed rate decisions using deposits. We included even Walmart and the Fintechs along with banks, thrifts and credit unions.

How Economy of Scale proves Representative Maxine Waters may be Right

Lake Forest, IL (May 13, 2019) The Economy of Scale has eluded executives at banks, credit unions & thrifts. Even Adam Smith the first economist failed to give a complete description of how the economy of scale works in his book, The Wealth of Nations. “The economy of scale (EOS) is a very difficult algorithm to derive and process,” claims Michael Moebs, Economist & CEO for Moebs $ervices, Inc., an economic research firm. “While we have precisely devised how to do an EOS, it is best for executives to first learn how expenses flow as volume and size increase,” notes Moebs.
There is a point in the depository business where bigger is not better.

The Future for Banks & FinTechs lies with Credit Unions’ High Expenses & High Fee Revenue

Lake Forest, IL (April 30, 2019) Shane Sullivan played grammar school football and in 8th Grade was 6’ tall and weighed 310 lbs. His team won almost every game, even though Shane was very slow carrying his heavy frame. Shane’s  team lost in the playoffs, and he never played football again. Credit Unions are like Shane. CUs support a heavy frame of expenses – over 20% higher than their competition.  Yet, CUs offset these high costs with high service charges on deposit more than twice banks. “Could Shane be predicting a future for all depositories?” so asks a new Moebs Study.

CU Today 04/22/2019 08:20 pm
VIENNA, Va.—For the first time in world history, a credit union has surpassed $100 billion in assets—and it continues to grow at a record pace.
In the process, Navy Federal Credit Union has also entered the “Too Big To Fail” category, according to one economist.

LAKE FOREST, Ill.—As the Major League Baseball season gets under way, the Federal Reserve has struck out twice with its last two rate moves, according to one economist who suggests if financial institutions raise their deposit rates the central bank will likely hold off on any further rate increases over next two years.