Federally-Insured Credit Unions rated 2-Stars or below, and therefore relegated to Bauer’s Troubled and Problematic Credit Union Report (T&P), are climbing, slowly but surely. Currently at 150 (out of 4,853), that may not seem like a lot. But, it has…
U.S. Consumers May be Nearing a Tipping Point
Coral Gables, Florida, September 21, 2022: BauerFinancial, Inc., the nation’s premier Bank and Credit Union rating firm, sheds light on the fact that early-stage consumer delinquencies are beginning to head up. While the more severe delinquent loans are holding at…
All New Credit Union Star-Ratings this Week
Loans at our nation’s federally-insured credit unions grew by $194 billion (or 16.2%) over the 12 month period ending June 30, 2022. That marks the largest increase in at least 20 years. Provisions for potential losses on those were bolstered…
Bank Assets Decline for 1st Time in 7 Years
In spite of increases in loan balances, both from first quarter and from a year ago, total assets at the nation’s banks declined in the second quarter 2022. (Source: FDIC Quarterly Banking Profile (QBP).) This marks the first quarterly drop…
How Are Americans Coping With Inflation?
About a month ago, the Wall Street Journal ran a story entitled: “Dollar-Store Dinners and Vats of Shampoo Help Families Cope With Inflation” (by Rachel Wolfe August 1, 2022). The basic gist of the story is that many families can…