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A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly.

US 52
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My Fantasy Banking Team

Jeff For Banks

Since his joining the Board, the bank has stabilized, returned to profitability, recaptured it's deferred tax asset, and NPAs/Assets have declined to less than 3%. Selection: Greg Garrabrants, BofI Holding, Inc, (NASDAQ: BOFI) Greg has been in charge of the Bank since 2007. Security Bank in Midland, Texas lends to business, period.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Virtual card issuance.

Online 98
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Consumer Lending: Should Banks Do It?

Jeff For Banks

Mortgage bankers and brokers own a significant share of market (although less than prior to the 2007-08 financial crisis). Which we already do via buying mortgage back securities and using loan brokers in metro areas. Real estate secured. pre-tax profit as a percent of the portfolio. Hard collateral. charge-off rate.

Lending 60
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Reverse Trend

Independent Banker

More customers at Mohave State Bank began asking about reverse mortgages before the bank started offering them in 2007, says Gary Ardesson, senior vice president of the $318 million-asset community bank headquartered in Lake Havasu City, Ariz. It’s not like cross-selling a credit card.” New FHA guidelines. About the market.

Trends 70
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Guest Post: 2013 Economic Year in Review and Outlook by Banker Dorothy Jaworski

Jeff For Banks

Incidentally, your QE 1 to 3 programs ran for six years, accumulated three trillion dollars of securities, and pushed long term rates lower when your forward guidance could not do so. Many of our bank’s customers remain cautious about borrowing and spending on large projects. Businesses are still cautious in capital spending. Just saying.

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Soda Wars Summer

PYMNTS

It was a very big undertaking,” Mason said in regard to securing the rights to all of the lyrics. banning sodas from schools and levying a “soda tax” on beverage distributors in cities like New York and Philadelphia. “And we found incredibly collaborative partners in the music industry that enabled us to bring this to life.”