I've spent twenty years in payments. Here's what still surprises me about community banks:
Your bank benchmarks every major line of business.
Lending — benchmarked. Deposits — benchmarked. Treasury and investments — benchmarked every quarter, and the UBPR does your loans and margins whether you ask or not.
The debit card program? For most community banks, the honest answer is: nobody has ever independently measured it.
Not because it's failing. Because the only view most banks get comes from their own processor — comparing the bank to the processor's own book, on the processor's own network. That's not a benchmark. That's a mirror.
Three questions worth asking about your program:
- If it were quietly underperforming, would anyone know?
- Are your fraud rules costing more in declined good transactions than the fraud they stop?
- How does your program compare with published Federal Reserve and industry data — not just your processor's book?
In one recent engagement, a single issue hidden inside reports the bank already received was worth more than $110,000 a year. No one was hiding it. No one was measuring it.
Originally posted on LinkedIn, July 30, 2026.