CRA: Too Important to Rush, Too Important to Wait Federal bank regulators have been attempting to overhaul the 1977 Community Reinvestment Act (CRA) for a couple of years now. Since becoming law in 1977, CRA has been the impetus for…
Category: Jumbo Rate News
Commercial Real Estate: the Next Challenge?
Commercial Real Estate: the Next Challenge? After considerable contraction after the 2008 crisis, Commercial Real Estate (CRE) lending began growing again in earnest in 2013, then began to slow down again in 2015. It continued to slow until 2019.…
What a Difference a Decade Makes
What a Difference a Decade Makes As we approach the end of this year, and the end of another decade, we’d like to reflect on some of the biggest changes we’ve seen over the past ten years. Ten years ago,…
U.S. Economy Relies on Community Banks
We promised you more information regarding community bank earnings last week, and we will get to that. But first, we would be remiss if we did not mention the passing of former Federal Reserve Chairman Paul Volcker, who served from…
It’s Tru(ist), There’s a New Era in Big Banking
It’s Tru(ist), There’s a New Era in Big Banking The merger between two southeast powerhouses: 5-Star Branch Banking & Trust (BB&T), Winston-Salem, NC and 5-Star SunTrust Bank, Atlanta, GA closed on Friday, December 6, 2019. The resulting Truist Bank, will…
Complaint or Question About Your Financial Institution?
Complaint or Question About Your Financial Institution? We do a lot of things here at BauerFinancial, but since we are a private research firm, and not a government agency, fielding complaints about financial institutions is not really one of them.…
Thanksgiving Dinner Cost Rises 1st Time in 4 Years
Thanksgiving Dinner Cost Rises 1st Time in 4 Years Every year we look forward to the American Farm Bureau Federation (AFBF) release telling us how much Thanksgiving Dinner should cost. And every year we go shopping and spend considerably more…
De Novo Class of 2019; ILCs Need Not Apply
De Novo Class of 2019; ILCs Need Not Apply This year is shaping up to have the most de novo bank activity in a decade. Ten banks opened their doors during the first three quarters of the year and eight…
Three Banks Close in a Span of Eight Days
Three Banks Close in a Span of Eight Days The third FDIC-Insured bank in a span of eight days was closed on November 1st. Zero-Star City National Bank of New Jersey was closed by the Office of the Comptroller of…
Two Banks With Much in Common Fail
Two Banks With Much in Common Fail Two banks failed last Friday (October 25th). That’s as many as have failed in the previous two years combined. The immediate question that came to our mind was, what do these two banks…