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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. 8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties.

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In Rough Times, a Confident Board is the Best Asset

Gonzobanker

Management will also gain credibility by keeping the board apprised of regulatory responses to the current crisis, including examination stressors, peer regulatory events and potential changes to capital, FDIC insurance and stress-testing requirements.

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Stupid Bank Names

Jeff For Banks

Are you going through a similar exercise? K Bank - In today''s abbreviated texting and social media world, this is a bad name, K? Innovative Bank - Through the worst banking crisis since the Great Depression, only about 5% of FDIC-insured financial institutions failed. And hence the title for this blog post.

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Squared Away- How It Happened

Jeff For Banks

But for this exercise, I leaned on my family. The subtitle came from a virtual conference where Jelena McWilliams, the FDIC Chair, said those words. Before release, I noticed that two of my social media contacts that served financial institutions and financial technology companies penned their own tomb: Beyond Good.

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Fraud prevention and detection: Empowering clients through education

Abrigo

Start with these seven key takeaways: Recognize phishing attempts: Clients should understand common tactics used in phishing and exercise caution with emails by checking the sender’s address for anything unusual. Clients should also be wary of social media scams. According to the FTC , $2.7

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