Author: BauerFinancial | Page 6

Problematic CUs at Highest Level Since 2014

Federally-Insured Credit Unions rated 2-Stars or below, and therefore relegated to Bauer’s Troubled and Problematic Credit Union Report (T&P), are climbing, slowly but surely. Currently at 150 (out of 4,853), that may not seem like a lot. But, it has…

We Analyze Banks & Credit Unions ...very carefully

U.S. Consumers May be Nearing a Tipping Point

Coral Gables, Florida, September 21, 2022: BauerFinancial, Inc., the nation’s premier Bank and Credit Union rating firm, sheds light on the fact that early-stage consumer delinquencies are beginning to head up. While the more severe delinquent loans are holding at…

All New Credit Union Star-Ratings this Week

Loans at our nation’s federally-insured credit unions grew by $194 billion (or 16.2%) over the 12 month period ending June 30, 2022. That marks the largest increase in at least 20 years. Provisions for potential losses on those were bolstered…

Bank Assets Decline for 1st Time in 7 Years

In spite of increases in loan balances, both from first quarter and from a year ago, total assets at the nation’s banks declined in the second quarter 2022. (Source: FDIC Quarterly Banking Profile (QBP).) This marks the first quarterly drop…

How Are Americans Coping With Inflation?

About a month ago, the Wall Street Journal ran a story entitled: “Dollar-Store Dinners and Vats of Shampoo Help Families Cope With Inflation” (by Rachel Wolfe August 1, 2022). The basic gist of the story is that many families can…

All New Bank Star-Ratings this Week

All bank star-ratings have now been updated in Jumbo Rate News and on our website. As a result, a number of banks changed categories in the newsletter and, more importantly, several banks have been dropped from our rate pages based…

BOLO: Cracks in CRE Lending

As our analysts scour newly released second quarter bank data, they will have a keen eye out for signs of stress (as always). One thing in particular that Bauer is carefully watching right now is Commercial Real Estate (CRE). Shopping…

Ford GM Rakuten apply for Industrial Loan Banks

What do Ford, GM and Rakuten have in Common?

Last month, Ford Credit Bank, Salt Lake City, UT submitted an application for deposit insurance to the FDIC with the intention of opening a new Industrial Loan Company (ILC) in Utah. This is not the first time Ford has sought…

Farmer on a tractor with rows of plants behind

Rough Road for Farmers & Their Banks

Covid notwithstanding, the last 18 months seem to have been particularly challenging for our nation’s farmers and ranchers. In that year and a half, the Office of the Comptroller of the Currency (OCC) has issued six different proclamations allowing banks…

What You Need to Know About Crypto

The following was released by the Federal Deposit Insurance Corporation (FDIC) on Friday, July 29, 2022. BauerFinancial felt it was important enough to repeat in its entirety: For Release WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today published the Fact Sheet:…

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