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Friday, August 10, 2018 |
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MANAGING DIRECTOR: |
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US Treasury Market |
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| Date | 1 mo | 3 mo | 6 mo | 1 yr | 2 yr | 3 yr | 5 yr | 7 yr | 10 yr | 20 yr | 30 yr |
| 8/3/18 | 1.90 | 2.01 | 2.23 | 2.43 | 2.63 | 2.74 | 2.82 | 2.91 | 2.95 | 3.03 | 3.09 |
| 8/6/18 | 1.92 | 2.05 | 2.23 | 2.44 | 2.64 | 2.73 | 2.80 | 2.89 | 2.94 | 3.02 | 3.08 |
| 8/7/18 | 1.96 | 2.06 | 2.23 | 2.45 | 2.68 | 2.76 | 2.84 | 2.92 | 2.98 | 3.06 | 3.12 |
| 8/8/18 | 1.93 | 2.06 | 2.24 | 2.44 | 2.68 | 2.77 | 2.83 | 2.92 | 2.96 | 3.05 | 3.12 |
| 8/9/18 | 1.91 | 2.06 | 2.25 | 2.44 | 2.64 | 2.74 | 2.80 | 2.89 | 2.93 | 3.01 | 3.08 |
Source: U.S. Department of the Treasury, as of 08/09/2018
How to Create Efficiency?
…………………Remove Steps in Your Process.
Take Referrals as an example. Typically a community bank manually tracking referrals with Excel would follow these steps:
There is a dedicated person who sets up the Excel spreadsheet and becomes the hub for all communication.
The process looks like this:
Banker 1 wants to refer a customer to a lender. Banker 1 completes a referral form and scans/emails, faxes, or mails the form to the dedicated hub person.
Dedicated hub person records the referral on Excel and forwards the referral form to the lender.
Lender responds, talks to the customer and completes another form and scans/emails, faxes, or mails the form to the dedicated hub person.
The dedicated hub person records the status and forwards the form back to Banker 1.
And so it goes for each time the customer is contacted until the opportunity is closed. In some cases the process becomes so cumbersome that keeping each other updated on the status falls apart and the parties involved lose track of the status.
The result is lost sales and poor customer experience!
The Good News there is a better way. BNControl is a system that creates efficiencies in 6 key areas.
Reporting (Over 250 Interactive reports)
Compliance (BSA, Red Flags, Vendor Management, Audit Tracking)
Financials (Board Reporting, Balance Sheet, Income Statements, Budgeting)
Lending (Credit Memos, Global Cash Flow, Loan Review (Exception Tracking), Loan to Value Analysis)
CRM (Referral Tracking, Marketing)
Intranet (Announcements, etc.)
If one of your priorities is to improve efficiency, schedule a 1 hour webinar to see how BNControl can help.
This information is intended for institutional investors only. The material provided in this document/presentation is for informational purposes only and is intended solely for private use. Past performance is not indicative of future results. This material is not intended as an offer or solicitation for the purchase or sale of any financial instruments.
•Not FDIC Insured •No Bank Guarantee •May Lose Value