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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

To you, manage your interest rate risk. The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. High-tech employment fell from 12.1

FDIC 78
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Will "Plain Vanilla" Kill Community Banking?

Jeff For Banks

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. But what about Bank of New York Mellon. Below is their segment reporting from 2001 and 2010. I hear and read this often.

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Signaling Caution

Independent Banker

Just about every community bank makes commercial real estate loans. A whopping 95 percent of ICBA members are active commercial real estate (CRE) lenders, according to the latest ICBA Community Bank Lending Survey. He adds that regulators and bank management need to act to prevent those risks from becoming reality. “We

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Guest Post: Financial Markets and Economic Commentary by Dorothy Jaworski

Jeff For Banks

Both spread inversions precede recession by 13 months (as in 2000 for the 2001 recession) to 26 months (as in 2006 for the 2008-2009 recession). We just beat out the March, 1991 to March, 2001 record of 120 months, making this the longest expansion since 1854. from 1991 to 2001. Thanks to a CNBC article for these statistics).

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Guest Post: Financial Markets & Economic Update 4Q23 by Dorothy Jaworski

Jeff For Banks

The chart showed eerily similar patterns of declines in 1990 and 2000-2001. Jaworski 10/28/23 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. y-o-y with the index reaching a low of 75.7.

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First New Community Bank In Decades Headed To US Market

PYMNTS

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. MOXY Bank, for example, aims to introduce corporate treasury management services, as well as offerings for small business (SMB) owners.

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Roots—Not Just Branches

Independent Banker

Leadership Team—Citizens Bank of Las Cruces’ executive management team, from left: Jed Fanning, Tim Hargrove, Ruth Christopher and George Ruth. Citizens Bank of Las Cruces. As a community bank, Citizens Bank of Las Cruces has roots in our community, in our history and in our culture. Las Cruces, N.M.