If you can’t remember the last time federal regulators denied a bank merger application, you’re not alone. It has been years. In fact, when we began writing Jumbo Rate News in 1983, there were almost 15,000 banks in the U.S.;…
News (page 3)
’Tis the Season for Scammers
It is the Holiday Season and for most of us that means spending time with family and friends. But for others, it means finding new ways to take advantage of unsuspecting victims. Since the beginning of the pandemic, “alleged” cyber-fraud…
My True Love Spent How Much on Christmas?
For nearly 4 decades, 4-Star PNC Bank, N.A., Wilmington, DE (formerly Provident National Bank) has provided us with a whimsical inflation reminder. It calculates how much it would cost to purchase all of the items from the “Twelve Days of…
Look to the Stars to Guide You into 2022
Coral Gables, Florida, December 13, 2021 Coral Gables, FL: BauerFinancial, Inc., the nation’s premier Bank and Credit Union rating firm, reminds you to look to the stars—Bauer’s star-ratings that is, to make sure your deposits are in strong banks and/or…
More Reasons to Look to the Stars
Bauer’s Star-Ratings, that is. All Bank and Credit Union star-ratings are now updated and available at bauerfinancial.com. And, as we head into the new year, let’s try to set ourselves up financially for success. That means, in part, making sure…
New Bank Star-Ratings Now Available
Third quarter bank data and star-ratings have now been updated both in JRN and at bauerfinancial.com. (Credit union data and ratings will be out in the next week or two.) The FDIC put a positive spin on the bank data,…
Bauer’s New Historical Bank Report Generator
BauerFinancial, Inc., the nation’s premier Bank and Credit Union rating firm, is excited to add to its extensive line of bank report products. For the first time, and available for immediate download, customers can compare any bank’s current data (balance…
The Unwelcome Thanksgiving Dinner Guest
Inflation is rearing its ugly head in time for the holidays. The estimates of how much more you will pay this year vary, but Thanksgiving Dinner will definitely cost more than it has in the past. According to the American…
Credit Unions Help Member Businesses Thrive
Two years ago (JRN 36:15), we predicted that Credit Union net member business loans would see more robust growth than the paltry 1.9% the industry reported in 2018. Of course we had no way of knowing at that time that…
2nd Substantial Noncompliance for Small Bank
The small bank ($59 million asset) 3-Star Lemont National Bank, Lemont, IL just received its second consecutive “Substantial Noncompliance” (SN) Community Reinvestment Act (CRA) rating. One of the major factors contributing to this lending test rating, assigned by Lemont NB’s…