U.S. Bank Branches are Down… and Up
It sounds like a riddle, but in fact, the U.S. lost more than 900 bank branches during calendar 2024 according to FDIC data. According to that same FDIC data, more than 900 new bank branches opened their doors as well. Strange perhaps,…
Largest Bank Acquisitions of 2024
Not including banks acquired by credit unions, more than 75 banks, with assets exceeding $70 billion, were lost to other banks during calendar year 2024. Nearly 70% of the acquired assets are represented in the top 10, which are noted…
What Will Happen to CD Rates in 2025?
The Fed’s latest dot plot suggests we could end 2025 with the Fed Funds rate under 4%. You guessed it. CD rates will closely follow. Forecasts beyond 1 year are less reliable, but still suggest that more easing will be…