2025 is turning out to be a very active year for bank combinations. In less than 7 months, we lost 79 banks to mergers and acquisitions. The second half of the year looks to be even busier. On page 5…
New Credit Union Data and Star-Ratings
All credit union star-ratings and financial data have now been updated with March 31, 2025 data. Overall, first quarter credit union data was positive: assets, including most loans, were up and credit quality is generally still quite good. However, uninsured…
The Grinch(es) Who Stole PPP Money
According the Federal Reserve Bank of St Louis, 90% of all PPP loans had been forgiven by June 20, 2022. Yet, at September 30, 2023, more than a year later, over 1,400 U.S. banks are still reporting some amount of…