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Silicon Valley Bank Failure – Lessons in Interest Rate Risk Management

South State Correspondent

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). Equally important is the bank’s securities duration, as shown in the graph below.

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Community Bank Acquires SMB Digital Bank Seed

PYMNTS

Cross River Bank has partnered with a range of FinTech startups since its 2008 launch, including collaborations with Stripe , Coinbase and Affirm , reports said. Its takeover of Seed strengthens its position in the small business FinTech market. reports said.

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Explained | The current banking crisis in the US and Europe

BankBazaar

Amid the financial uncertainties, Silicon Valley Bank (SVB) collapsed in March this year, sending shockwaves across the global financial markets. The SVB collapse marked the largest bank failure in 2008 financial. In the United States, the FDIC provides deposit insurance coverage of up to $250,000 per depositor, per insured bank.

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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

Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 800%, only to fall 740% from its peak by October 2002, giving up all its gains during the bubble. And quite frankly, I did not know there were so many tranches to mortgage-backed securities. What caused it? We took a serious reputational hit.

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5 Reasons to Increase SBA Loan Origination at Your Bank or Credit Union

Abrigo

B y marketing that your financial institution offers SBA loan origination, you provide additional products that expand opportunities to businesses. In the secondary market, guaranteed loans are liquid and command a premium. The change is intended to improve security, integration, reporting features, and validation to improve accuracy.

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5 Reasons to Increase SBA Lending at Your Bank or Credit Union

Abrigo

B y marketing that your financial institution offers SBA loans, you provide additional products that expand opportunities to businesses. I’d say do it right now.” Wear noted that in the 2008 financial crisis, when the SBA similarly increased guarantees of 7(a) loans to 90%, it ran out of funding before the end of the fiscal year. “I

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Bank Customers Lose Real Money

Jeff For Banks

You've been conservative, preferring the stability and security of bank deposits versus the gyrations of the market. Then, boom, the 2008 financial crisis. Sure, your home value declined, but what does that mean to someone with little to no mortgage and isn't in the market to sell? If this were 2006, things would be good.

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