Home | Business News | Browse by Publication | M | Mississippi Business Journal

Banks not raising fees, but trying to offer more services.

Publication: Mississippi Business Journal
Publication Date: 27-SEP-04 		Format: Online - approximately 828 words
Delivery: Immediate Online Access
Full Article Title: Banks not raising fees, but trying to offer more services.(Banking & Financial Services)

Article Excerpt
If it seems that banks are charging more for the services they provide, bankers in Mississippi say that isn't the case in the Magnolia State. This may be one of those times when it's an advantage to live in a rural state.

Dr. Ken Cyree, associate professor of finance at the University of Mississippi, says it's true that banks in big cities are raising fees. He even knows of a bank in Chicago that charged customers every time they came into the bank. Needless to say, he points out, that fee was very unpopular and that bank lost two-thirds of its customers.

"That sort of thing would not happen in Mississippi where banks cultivate personal relationships with customers," he said. "It's not true...

Access Full Article, Compliments of Goliath



More articles from Mississippi Business Journal
Young customers embrace technology, make fewer trips to banks: but you..., September 27, 2004
Mergers 'strengthen the franchise in a logical way,' CEO says.(Banking..., September 27, 2004
Brinkley preaches personal responsibility, education.(Banking & Financ..., September 27, 2004
Brave new world of banking getting closer with Check 21: for consumers..., September 27, 2004
Peoples Holding Co. broadening its financial services scope.(Banking &..., September 27, 2004

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.