The Cornerstone Report 2007: Benchmarks and Best Practices for Mid-Size Banks
Every year for the past six years, Cornerstone has invited mid-size banks (assets of $1 billion to $40 billion) to participate in an extensive benchmarking survey. The data collected from these surveys, augmented with benchmarks gathered through Cornerstone’s work with hundreds of financial institution clients, enables us to publish a detailed, analytical study of the staffing, process and technology utilization and deployment of institutions within these target asset sizes. Our industry knowledge and field observations make it possible for us to complement the statistical analysis with actionable best practice recommendations aimed at helping financial institutions become high performers.
What results is a one-of-a-kind benchmarking and best practices study, updated with the most currently available information and published alternately each year for banks and credit unions. With the most accurate and in-depth benchmarking data available in the industry, The Cornerstone Report can help show mid-size bank CEOs where they should be targeting their strategic initiatives and potentially identify millions of dollars of process improvements and cost savings.
The Cornerstone Report 2007 contains data obtained from 67 banks and presents the numbers, best practices, and an analysis of industry trends that we are seeing.
The Cornerstone Report is an indispensable planning and budgeting tool. Here are just a few reasons why:
- The detailed analysis is focused specifically on helping banks with $1 billion to $40 billion in assets achieve high performance.
- The publication reveals more than 250 benchmarks and 100 best practices culled from an extensive survey of 67 mid-size banks.
- The data spotlights trends that will impact your bank today and into the future.
- The authors of The Cornerstone Report are among the industry's most respected strategy, technology and performance improvement advisors.
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