Navy Federal Credit Union claims close to 10% of all members of federally-insured credit unions in the nation. It has roughly the same number of members as the 3,375 credit unions with less than $200 million in assets, combined (73%…
New Community Bank Branches Popping Up
Community banks added 360 new branches during 2023. They were spread out among more than 300 banks, so the majority netted just one new branch. Those that opened two or more and are also rated either 5-Stars or 4-Stars by…
The Consumer Drives the Economy
When FDIC Chairman Martin Gruenberg issued the release of the fourth quarter 2023 quarterly banking profile (3/7/2024), he had many good things to say about the state of our economy. He also added some cautionary statements about what “could go…
All New Bank Star-Ratings and Data
All Bauer bank star-ratings and reports are now updated with year-end 2023 financial data. What we are paying particular attention to with this set of data is loan quality. U.S. banks reported year/year increases in all nonperforming loan categories: delinquent…