Category: Jumbo Rate News

All New Credit Union Ratings Q1’2021 Data

All credit union star-ratings are now updated on our website, bauerfinancial.com, based on March 31, 2021 financial data. While the majority of federally-insured credit unions maneuvered their way nicely through the trials of the past year, there were some that…

Economic Injustice Puts Banks on Notice

As we write this week’s article, CEOs of six of the nation’s largest banks are taking a verbal beating from Congress. Lawmakers took exception to some of the ways they perceive these bankers have taken advantage of poorer clients during…

All Bank Ratings Now as of March 31, 2021 Data

The U.S. banking industry has readjusted its expectations of future credit losses, for the better. That was evident in the FDIC’s Quarterly Banking Profile (QBP) for March 31, 2021 data, which shows an aggregate negative provision expense of $14.5 billion.…

Lending a Helping Hand, Sometimes Means Lending.

Loan volumes at the nation’s community banks grew over 10% during 2020. And that’s no coincidence. With help from the Government’s Paycheck Protection Plan (PPP) Program, Commercial & Industrial (C&I) Loans accounted for more than two-thirds of that growth. But…

De Novos: Banking With a Purpose

This year is poised to be the most active for de novo banks that we’ve seen since before he Great Recession. Five new banks have already opened their doors and two others are scheduled to open in June. While we…

Temporary Hit to Capital Ratios

…and They’d do it Again. This week we will take a look at how some community banks have been helping their neighbors and communities during the past year. In some cases, that help has come at the expense of the…

Big Bank Branches are Fewer by the Month

It seems that every week there’s a new story about a bank that’s closing branches. We’ve almost become numb to it… unless of course it’s our branch that’s shutting down. But its who is closing those branches is what we…

Credit Union, Bank Acquisitions Heating Up

Only 16 credit unions in the United States have assets exceeding $10 billion; 4-Star VyStar CU, Jacksonville, FL is one of them. What began in 1952 with just $60 and 12 members as Jax Navy FCU is now one of…

In The Pursuit of Justice and Equality

Over the past year, some of our country’s biggest banks (Wells Fargo, JPMorgan and BofA) have pledged millions to Black-owned banks (or MDIs) and racial justice initiatives, but those did not necessarily focus on Asians or Pacific Islanders… until recent…

Financial Inclusion: We Can All Play a Part

The FDIC launched the pilot of a new public awareness campaign last week (April 6th) on the benefits of having a bank account. The pilot targets the Houston and Atlanta areas, where it confirmed that both Black Americans and Hispanic…

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Category: Jumbo Rate News

All New Credit Union Ratings Q1’2021 Data

Economic Injustice Puts Banks on Notice

All Bank Ratings Now as of March 31, 2021 Data

Lending a Helping Hand, Sometimes Means Lending.

De Novos: Banking With a Purpose

Temporary Hit to Capital Ratios

Big Bank Branches are Fewer by the Month

Credit Union, Bank Acquisitions Heating Up

In The Pursuit of Justice and Equality

Financial Inclusion: We Can All Play a Part

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Category: Jumbo Rate News

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