In observance of Independence Day, Jumbo Rate News will not be published next week. Have a Festive and Safe 4th and wave that banner proudly. Our next issue (JRN 40:26) will be dated July 10th. Speaking of ‘Old Glory’ as…
Credit Union Data is all About the Loans
First quarter 2023 credit union data is all about loans. After jumping 17.6% from a year ago, total loans outstanding at federally insured credit unions now top $1.5 trillion. At $17,310, the average loan balance was up almost 6% from…
Commercial Real Estate Watch
It doesn’t matter if you are talking about residential or commercial, ask any realtor what the three most important aspects of real estate are, and the answer will surely be, “location, location, location”. Today, we are going to be looking…
All New Bank Star-Ratings This Week
Resilience was the word Martin Gruenberg, FDIC Chairman, chose to describe the banking industry when first quarter results were released on Wednesday. Gruenberg cautioned on the current interest rate environment, particularly when it comes to commercial real estate, but insisted…