Jeff For Banks

JANUARY 14, 2021

When I made that speech in 2008, there were approximately 8,500 FDIC-insured financial institutions and today that is around 5,000, a 40% decline. Prediction: Community Banks with < $10 billion in total assets will continue to lose market share. And the ROA for <$500MM banks was 1.08% versus 1.22% for the rest in 2019.

Community Bank 130

Community Bank Community FDIC Strategy 130

Jeff For Banks

DECEMBER 10, 2023

Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it climbed to the 19th largest in the country with its Silicon Valley Bridge Bank acquisition from the FDIC, and that the FDIC designated SVB as systemically important. As a result of these investments, the bank has grown over 65% since 2019.

Fresno 100

Fresno North Carolina Raleigh FDIC 100

FICO

JANUARY 13, 2020

While current FCC leadership has tried to address some of the other issues implicated in the 2018 decision (e.g., In December, the FDIC and OCC issued a proposed rule to modernize the Community Reinvestment Act (CRA). In addition, the Federal Reserve did not join the FDIC and OCC on the proposal.

Policies 52

Policies Las Vegas FDIC Washington 52

PYMNTS

OCTOBER 29, 2018

The 2019 planning sessions that will mark the next 60 days will no doubt include topics of conversation about the scariest things in payments that could knock key players off their game – or turn their plans upside down. And that is a bank – one with FDIC insurance and safeguards that keep their money safe.

Payments 196

Payments Google Apple Innovation 196

CFPB Monitor

APRIL 18, 2019

The second presentation of PLI’s 24th Annual Consumer Financial Services Institute will take place in Chicago on May 20-21, 2019. Approximately 400 people attended the first presentation in NYC, live and on the web, on March 25-26, 2019. The leadership of the CFPB, OCC, FDIC and FTC is now firmly under Republican control.

Chicago 68

Chicago FDIC Regulation Leadership 68

Jeff For Banks

APRIL 14, 2022

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

America 78

America National Denver United States 78