All new banks star-ratings this week.
Fewer than 4% of the nation’s banks were unprofitable in the quarter—that’s the lowest level since the first quarter of 1996—22 years ago.
Credit Union Ratings coming soon.
Bauer’s Version of Show and Tell
Bauer’s new website makes it easier than ever to find banks with DBAs (doing business as another name). This will make it infinitely easier to get the correct rating on a bank or banks that operate under more than one name …because Bauer doesn’t want it to be fairly easy to find the correct bank. We want it to be virtually impossible to select the wrong bank.
Business Relies on Community Banks
Community banks are an integral part of local lending and regulators agree that smaller institutions “are often better positioned than larger institutions to understand and quantify local real estate market values.”
Community Banks, Credit Unions Join Forces
Late last month, in an unusual show of solidarity, Camden Fine, President & CEO of the Independent Community Banks of America (ICBA) and Jim Nussle, President & CEO of the Credit Union National Association (NCUA), wrote a joint letter to…