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The Banking Crisis of 2023 is Over — Time to Get Back to the Crisis of the ’20s

Gonzobanker

Banks had more than $500 billion in unrealized losses on their securities at the end of March. Holding these assets can impact profitability because banks can’t lend those funds out or invest them at higher rates. Banks are anticipating losses in their commercial real estate portfolios. Commercial real estate loans.

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The 2019 GonzoBanker Awards

Gonzobanker

Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank. It was always clear how much Jones loves his credit union, his team and his community. Change Agent of the Year.

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Why ‘Always Be Onboarding’ Should Be The New Mantra For FIs

PYMNTS

You wouldn’t need to go back more than two generations to spot the difference: A bank generally did business with people known by the financial institution’s employees and officers, lending to “people in good standing in the community,” said Stephen Maloney, EVP of business development and strategy at Acuant , during a recent PYMNTS interview.

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