article thumbnail

We Need a New Funding Strategy

Jeff For Banks

trillion in domestic deposits, according to the FDIC's Statistics at a Glance. Money market total financial assets, according to the St. Louis Fed, went from $5.2 In December 2021, when the Fed Funds Rate stood at 0-25 basis points and prior to the Fed's tightening beginning in the first quarter of 2022, there were $18.2

Strategy 106
article thumbnail

Is Your Contemplated Bank Merger Anti-Competitive?

Jeff For Banks

Yesterday at the ABA's virtual Conference for Community Bankers (CCB), Federal Reserve Governor Michelle Bowman gave a speech, My Perspective on Bank Regulation and Supervision. Up-to-date geographic market definitions are available at the St. Louis' Fed CASSIDI database or from the relevant Reserve Bank.