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Perception Versus Reality: Do People Get More From Credit Unions Than Banks?

Jeff For Banks

The Credit Union National Association (CUNA), the credit union equivalent to the American Bankers'' Association (ABA), states that credit unions exist to serve members, returning earnings to members in the form of lower loan rates, higher interest on deposits, and lower fees. Where do you think credit unions get their capital?

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Guest Post: 3rd Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

Well, if you are NBER, or National Bureau for Economic Research, and you wait fifteen months to declare that the recession was over in June, 2009 (its duration was 19 months), no one will care. Rebuilding of depleted inventories and increased capital spending helped to get GDP growth back on track in the summer of 2009 and into 2010.

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The Cashless Top 10

Tomorrow's Transactions

Non cash payments’ share of total value of consumer payments: 89 percent Percent of population with a debit card: 96 percent Bank robberies in Sweden plunged from 110 in 2008 to only 16 in 2011, the lowest level since the country started recording its numbers in the early 1970s. The reason? I was really surprised to see Belgium no.1

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Gentle Monster Background Founded in 2011 by Kim, Gentle Monster initially struggled to break through against large brands like Luxottica which controls an estimated 30% of the US market, and is behind almost every single designer eyeglass brand you can think of, including Ray-Ban, Oakley, Armani, Ralph Lauren, Chanel, Prada and many more.

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GonzoBanker Awards 2017

Gonzobanker

The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking. Executioner’s Tax (Swing of the Ax) – Power Trip. These actions DO NOT represent the vast majority of Wells Fargo professionals, but they are symptomatic of an earnings culture gone wild.

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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. That got regulator's attention in the form of a May 2011 Consent Order (CO). In 2011, at the height of its problems, non-performing assets/assets was nine percent.

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Around The World In FinTech Innovation

PYMNTS

We began the Weekly Tech Center Roundup journey in London – Europe’s self-proclaimed startup capital. Tel Aviv Fuels Israel’s ‘Startup Nation’ Reputation. In an effort to spur job growth, the Brazilian government offered tax and legal incentives for technology companies within Rio.