Treasury Strategies, a division of Novantas, Inc. released its 2nd quarter Earnings Credit Rate benchmarks to our NDepth Bank Fee Analysis clients. Earnings Credit Rates are the balance-based allowances banks give their corporate customers to offset fees on treasury management services. The results showed some unusual patterns overall as well as striking findings for Healthcare companies:
- ECRs varied widely among Healthcare organizations, even at identical balance levels.
- ECRs for Healthcare organizations were lower than for other companies.
- Balance Assessment Fees further depressed Healthcare returns.
- Healthcare net earnings credits were more than 1.5 percentage points below other investment options.