It’s been a year and a half since the hammer came down on Wells Fargo for opening millions of new customer accounts without their consent or knowledge. Employees went so far as to transfer money between fake accounts to build…
Banking on Brokered Deposits
Let’s face facts. From a bank perspective, core deposits are the best deposits. Core deposits are typically from the local area and from customers who generally have a relationship with the bank that incorporates more than just a savings account…
Every Month is Financial Literacy Month
In conjunction with Financial Capability Month (April 1-30) and Teach Your Child to Save Day (April 20th), BauerFinancial pays tribute to banks that don’t need a special day or month to play their part because they do it everyday. The…
C.U. Business Lending Comes of Age
While the majority of business or commercial lending in the U.S. is done by banks, credit unions have been an important supplier of business credit to members who perhaps would not have received it elsewhere. This became particularly evident during…