U.S. banks are engaged in a continuing effort to replenish reserves that had been allowed to drop by more than 18% after the pandemic shutdown. In the past two years, total loans at U.S. banks increased 9.3%; loans to consumers…
Back to Your Community; Back to Neighbors & Friends
Today, roughly 650 U.S. banks and credit unions (combined) are designated as Minority Depository Institutions (MDIs). Yet, a snapshot of mortgage loan data for 2023 shows there is still a wide gap in approval rates by race/ethnicity. In this week’s…
Commercial Loans (Not) as Bad as They Appear
Despite much negative press to the contrary, most commercial loans are still holding up quite well. The 10 banks with the highest amount outstanding in C&I loans control 45% of the industry’s C&I and are all rated at least 4-Stars…