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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 It is true that the average balance per retail (non jumbo) CD account was higher in the fourth quarter 2023 than the fourth quarter 2021. What happened?

Strategy 101
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Is Your Contemplated Bank Merger Anti-Competitive?

Jeff For Banks

This weighting indicates that the Fed doesn't think thrifts offer a full retail banking suite of products and/or they are concerned about the anti-competitive effects for in-market commercial banking. Up-to-date geographic market definitions are available at the St. Louis' Fed CASSIDI database or from the relevant Reserve Bank.