Minerva Means Results
The following project examples demonstrate our ability to achieve measurable RESULTS for our clients. Please select a project to see more details.
- Top 25 Commercial & Retail Bank – Annualized Benefit $65.2 million
- Conducted a comprehensive analysis of cash management related practices and fee revenue opportunities across all areas, including treasury services, retail, and trust departments
- Developed time standards for all activities, designed and implemented an automated staffing model
- Increased non-interest income through revised pricing, reduced fee leakage, improved fee collection, and introduction of new value added services
- $50B Regional Bank – Annualized Benefit $15.0 million
- Conducted a review of pricing, fee waivers, and fee processing for Retail, Commercial, Lending and Trust areas
- Reviewed transaction processing and fee posting procedures
- Reduced waivers and implemented a track system to ensure adherence to policy
- Reduced cash and other non-earning assets, and revised posting sequence to increase fees
- Personal & Institutional Trust of Large Regional Bank – Annualized Benefit $9.8 million
- Analyzed all fee structures, exception pricing, minimum fees and market fees
- Increased fees based on competitive data
- Reduced exception pricing on accounts that were no longer considered preferred
- Decreased overdrafts on accounts where investments were made before funds received
