Remove 2001 Remove Community Bank Remove National Remove Regional
article thumbnail

Consumer Delinquencies Hit New Low; Trend to Continue, ABA Says

American Banker

The 1.35% delinquency rate was the lowest since at least 2001, and it marked nearly four years of delinquencies below the 15-year average of 2.21%.

Trends 68
article thumbnail

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. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.