More than 27,000 Bankers Lost Their Jobs in 2024
After several years of losing employees by way of a slow taper, the banking industry hired robustly during and after the COVID shutdown. By 2023, the industry was ready to shed some of those new hires, and it did so.…
Commercial Loans and the “R” Word
The dreaded “R” word – Recession – has been making its way into more conversations lately. We are not prepared to say that a recession is imminent, or is even coming, but we like to be ready for any circumstance…
Credit Unions Acquiring Banks
All 2024/25 completed transactions, as well as those that have been announced, can be found inside this issue. The average asset size of the “announced” (not yet completed) is $469 million. As the assets moving from the bank industry to the…