All New Star-Ratings & Data This Week Bank Star-Ratings have all been updated based on December 31, 2019 financial data. (Credit Union Star Ratings will be out in the next week or two.) With these new ratings we are looking…
All New Bank Star-Ratings & Data
All New Star-Ratings & Data This Week Bank Star-Ratings have all been updated based on December 31, 2019 financial data. (Credit Union Star Ratings will be out in the next week or two.) With these new ratings we are looking…
It Pays to Shop Around for Student Loans
It Pays to Shop Around for Student Loans Topping the $1.5 trillion mark, student loan debt is now the second highest type of household debt (after mortgages) in the U.S. Along with the burgeoning growth of student debt is a…
Shop Around for Student Loans
It Pays to Shop Around for Student Loans Topping the $1.5 trillion mark, student loan debt is now the second highest type of household debt (after mortgages) in the U.S. Along with the burgeoning growth of student debt is a…
Consumer Debt Reaches New High
Consumer Debt Reaches New Record High After five straight years of continued growth, U.S. consumer debt passed $14 trillion at the end of 2019, a new record high, according to the Federal Reserve Bank of New York (FRB). Consumer debt…
Consumer Debt Increases at Community Banks
Consumer Debt Increases at Community Banks Total loans and leases grew 4.6% at the nation’s banks during the 12 month period ending September 30, 2019. While Commercial and Industrial loan growth led the way at an annual rate of 6.3%,…
Consumer Debt Edging Up
Consumer Debt Increases at Community Banks Total loans and leases grew 4.6% at the nation’s banks during the 12 month period ending September 30, 2019. While Commercial and Industrial loan growth led the way at an annual rate of 6.3%,…
Location Should Not Determine Banking Access
Residential lending is a pillar supporting economic growth in the U.S. and community banks are the base of that pillar. The Conference of State Bank Supervisors (CSBS) puts it this way: “Community banks offer tailored mortgages to homebuyers in local…
Location and Access to Banking
Location Should Not Determine Banking Access Residential lending is a pillar supporting economic growth in the U.S. and community banks are the base of that pillar. The Conference of State Bank Supervisors (CSBS) puts it this way: “Community banks offer…
50 Credit Unions Miss Key Benchmark(s)
50 Credit Unions Miss Key Benchmark(s) Like banks, the number of federally insured credit unions continues to decline. After losing 155 in the 12 months ended September 30, 2019, there are now 5,281 reporting. While the number of insured credit…