Articles by Matt McCombs
Matt McCombs, Strategic Advisor
Matt McCombs came to Raddon Financial Group (RFG) in early 2007 after working in operations within the financial services industry. His original role at RFG was a Service Bureau Analyst; serving as a strategic marketer using RFG’s iNTEGRATOR MCIF system. Since 2008, Matt has held the position of Strategic Advisor. His key responsibilities are to assist financial institutions in improving overall performance, finding opportunities for increased revenue, deepening customer relationships, and outlining key strategic directions. In addition, Matt is a presenter at RFG’s CEO Strategies Group workshops, a facilitator at strategic planning sessions, and creator of RFG’s Sales and Service Training program. Matt graduated with a bachelors degree in economics from Central College and received his masters in business administration from DePaul University.
It’s that time of year again. Planning sessions are starting up, and as you prepare for that weekend getaway to determine budgets, priorities, and the future of your institution, many of you will once again rank the need to be relevant to Gen Y as a top priority. You’ll gather together to examine all the hip new trends, hear from social media gurus and listen to institutions claiming to have success with these youngsters in order to formulate your Top Secret Gen Y Master Plan.
Yep, they moved your Cheese again. Blame the Fed … the current administration … Congress … heck, you could even blame it on TARP. At this point it doesn’t matter who or what you blame.
By now most financial institutions have already heard of and formed an opinion of rewards checking. This type of checking account pays a high interest rate, well above the typical market rate for interest-bearing checking accounts, …