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Shelter from the Storm

Shelter from the Storm

Developing a hurricane preparedness plan that financial institutions — and their customers — can bank on to preserve business continuity
ABA: FDIC Data Shows Strength of Banking Industry

ABA: FDIC Data Shows Strength of Banking Industry

FDIC data reveals insured institutions reported net income of $70.8 billion for Q2 2023
ICBA: Congress Must Investigate Credit Union Tax Exemption

ICBA: Congress Must Investigate Credit Union Tax Exemption

The statement follows announcements that credit unions will acquire five community banks this week
Majority of Americans Aren’t Happy with Their Bank

Majority of Americans Aren’t Happy with Their Bank

Survey finds US banks are not satisfying most of their customers, although trust remains high
Credit Unions Snap Up Community Banks

Credit Unions Snap Up Community Banks

A flurry of deals in late August saw mergers and acquisitions announced in North Carolina, Pennsylvania, Michigan and Alabama
Spenders Prefer Debit Cards for POS Payments: Survey

Spenders Prefer Debit Cards for POS Payments: Survey

Debit cards are dominating consumer payment methods over digital, cash and credit
Capital Bank Launches New Lender Finance Group

Capital Bank Launches New Lender Finance Group

Scott Lisman and Thomas Scott have joined the bank to run the group
Canadian Banks Miss Estimates Thanks in Part to Interest Rate Hikes

Canadian Banks Miss Estimates Thanks in Part to Interest Rate Hikes

Scotia Bank and the Bank of Montreal both missed quarterly profit targets this week
Goldman Sachs Plans to Sell Personal Financial Management Unit

Goldman Sachs Plans to Sell Personal Financial Management Unit

The unit has only been in the hands of the bank since 2019
Bitcoin Investors on the Sidelines: Banks Show Little Desire to Participate

Bitcoin Investors on the Sidelines: Banks Show Little Desire to Participate

Bitcoin and its other cryptocurrencies have seen trading volumes fall to five year lows this month
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