Subpar Credit Unions with Uninsured Deposits
During the 12-month period ending June 30, 2024, uninsured shares and deposits at our nation’s credit unions increased to nearly $170 billion. Roughly $1.5 billion of those uninsured deposits are at credit unions that are deemed less-than-Well-Capitalized by regulatory standards.…
New 5-Star Bank Branch Coming
Since January 1, 2023, 475 5-Star community banks have opened nearly 600 branch offices. Those with four or more new “organic” branches during 2023/2024 are highlighted in this article. Those with two or three new branches can be found on…
Commercial Loans, Enforcement Actions and Crypto, Oh My
This week we examine some of the reasons that many banks are currently reducing their asset size. As the title suggests, the primary reasons include 1) divestiture of commercial loans, CRE in particular; 2) regulatory enforcement actions; and 3) exiting…