Financial Institution Services
Solutions for Community Banks
CashCalulator
What is CashCalculator?
 | CashCalculator is a
branch management tool that will provide a better understanding of customer
usage behavior and more precise cash ordering and timing procedures. |
| CashCalculator is
web-based. This gives branch management complete control. |
| Depending upon its
setup, CashCalculator can track and maintain usage by individual tellers,
ATMs and by denomination. |
| With CashCalculator, branch managers can become better managers of cash, allowing cash level optimization. |
How it Works
|
Utilizing a secure
website, branch personnel enter end-of-day cash levels by Cash Entity
(Branch, ATM, Vault, etc.). In addition, the amount of shipments or
deliveries for that day is entered. |
| As a result, CashCalculator permits your bank to develop cash target levels by Cash Entity based on a special inventory management technique, Economic Order Quantity analysis (“EOQ”). |
Cash - The Overlooked Non-Interest Earning Asset
| Before implementation
of Deposit Reclassification process (See Profit Opportunity), there
was little incentive to reduce cash levels since cash was usually less than
the bank’s legal reserve requirements. Therefore, all amounts counted
towards this requirement. |
| With implementation of the Deposit Reclassification program, lower vault cash levels can become an additional earning asset since reserve requirements are typically less than cash after reclassification has been implemented. |
For more information about any of these services, please contact:
Email: bobromney@msn.com
ROMNEY & ASSOCIATES
1516 W. Riverside
Spokane, WA 99201
(509) 455-8173 Tel
(509) 455-5442 Fax