We don’t know how many Americans will be having a traditional Thanksgiving Dinner this year. Some estimates suggest over 50% will continue with normal traditions, while the rest will be scaling it back or cutting down considerably. As for us,…
New Bank Charters May Lead to Confusion
If starting a new bank during a pandemic seems like a daunting task, it’s because it is. Just ask the organizers of would-be Coastal Community Bank, N.A. (in organization), Hollywood, FL. The bank was on course to open with an…
Maybe We Needed a Little Boring
If that’s the case, the Federal Reserve did not disappoint. The Fed Funds rate remains near zero-where it’s been since March. And there is virtually no chance of that changing anytime soon. That means we are stuck with CD rates…
Community Banks Go Extra Mile
What makes a community bank different from other banks? Much depends on the size of the bank, but what’s more important is the focus. A true community bank knows that its success hinges on the success of the community it…