We saw a glimmer of hope in the fourth quarter ’21 data that perhaps a resurgence of commercial and industrial (C&I) loan demand was on its way. Nearly a third of all U.S. banks increased their C&I loan portfolios during…
What a Quarter Point Rate Increase Means to You
You have probably already heard that the Federal Reserve bumped interest rates up a quarter point on Wednesday (3/16/22). You may have also discerned that we are looking at as many as six more boosts this year. Since the Fed’s…
All New C.U. Star-Ratings Now Available
As a whole, the nation’s credit unions performed admirably during calendar 2021. However, NCUA Chairman Todd Harper sounded a similar cautionary tone as we heard last week from his bank (FDIC) counterpart. “The potential for new COVID variants, continuing labor…
All New Bank Star-Ratings Now Available
Pandemic impacts are subsiding but geopolitical strains are rising. It’s a good thing Bauer projects negative trends forward when assigning its star-ratings. The FDIC’s acting chairman, Martin Gruenburg, has even voiced concerns about the future. When remarking Tuesday on how…
NCUA-Insured Ukrainian Credit Unions
With everything happening in and around Ukraine these days, we want to make one thing perfectly clear. Deposits (or shares) at all U.S. chartered, federally-insured banks and credit unions are covered up to $250,000. That, of course, includes the following…