Author: BauerFinancial | Page 23

PPP May Also be Available from Your Credit Union

PPP: Also Available From Your Credit Union

As of January 31st, 4,942 lenders were participating in the new 2021 Paycheck Protection Program. The vast majority are banks, but credit unions are doing their part as well. According to the Small Business Administration (SBA), during the first month…

Cautious Consumers Cut Credit Card Consumption

Since the pandemic began, not only are Americans cutting back on new credit card purchases, many consumers have been working to lower their balances. At the end of 2019, credit card balances at U.S. banks stood at over $941 billion.…

She’s Back… What will Dr. Yellen Bring?

Note: Since this article was written, Janet Yellen was confirmed (84-15) and was sworn in as the first Female Treasury Secretary in U.S. history on Tuesday morning. The original story follows: Janet Yellen has not been confirmed yet, but we…

Image of Martin Luther King Monument with PPP Round 2

PPP Relaunch Open to Select Institutions

We know many small businesses were left behind in the first round of Paycheck Protection Program (PPP) loans. That’s why when the Treasury Department reopened the portal on Monday, it granted access exclusively to Community Financial Institutions (CFIs). CFIs, which…

Loans: a Bank’s Best Asset, Until They’re Not

Although business models vary, the optimal loan to deposit ratio (LTD) at a bank is generally considered to be between 80% to 90%. At this level, the bank is lending sufficiently for its size, but not so much that its…

We Made it Through 2020, What’s Next?

As we say good-bye (and good riddance) to 2020 and look forward with hope for a brighter and healthier 2021, we remember 2020 as a year of loss. We’ve lost a great number of lives, jobs, and freedoms in the…

Unsung Heroes of 2020

As we gladly say goodbye to 2020 and head into the unknown of 2021, BAUERFINANCIAL, Inc., the nation’s premier Bank and Credit Union rating firm, would like to recognize the hard work of the employees of our nation’s financial institutions.…

We Analyze Banks & Credit Unions ...very carefully

Bank, Credit Union Employees Among 2020’s Unsung Heroes

Coral Gables, Florida, December 17, 2020 Coral Gables, FL: As we gladly say goodbye to 2020 and head into the unknown of 2021, BauerFinancial, Inc., the nation’s premier Bank and Credit Union rating firm, would like to recognize the hard…

New Credit Union Star Ratings Now Available

New Credit Union Data is Out and…

Third quarter Credit Union data has now been updated on our website. Here are some of the highlights. While the number of Federally-insured credit unions dropped 2.8% since last September (to 5,133), industry assets were up over 16% to almost…

All New Bank Ratings and Data

September 30th bank data and ratings are out and while net income for the industry as a whole ($51.2 billion) was up 173% from second quarter, it was still down 10.7% from last September. It is really a tale of…

Author: BauerFinancial (page 23)

PPP: Also Available From Your Credit Union

Cautious Consumers Cut Credit Card Consumption

She’s Back… What will Dr. Yellen Bring?

PPP Relaunch Open to Select Institutions

Loans: a Bank’s Best Asset, Until They’re Not

We Made it Through 2020, What’s Next?

Unsung Heroes of 2020

Bank, Credit Union Employees Among 2020’s Unsung Heroes

New Credit Union Data is Out and…

All New Bank Ratings and Data

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