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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 Good times.

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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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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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Consumer Lending: Should Banks Do It?

Jeff For Banks

Consumer loans for those banks that utilize my firm’s outsourced profitability reporting service lost (0.26%) as a percent of the average consumer loan portfolio in the fourth quarter. Ever since we formed our company in 2001, this has been the case. Are you ready to be Web Bank , part deux? Real estate secured.

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