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5 Banking Trends We’re Forecasting for 2023

Perficient

2023 has commenced, and rates are climbing, inflation is bubbling, and banking customers are continuing to demand hyper-personalized products and experiences from their institutions. Here are five banking trends we’re forecasting for the new year. Three prominent areas where there is a strong desire to optimize: Data.

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7 Highlights from the Latest FDIC Quarterly Banking Profile

Abrigo

Banking Trends from the FDIC's 2Q Report Net interest margin reached a new record low, but positive signs emerged in lending. Banking Data. Summary of the Latest FDIC Quarterly Profile. Takeaway 1 Nearly two-thirds of banks actually reported higher net interest income, but aggregate net interest income fell.

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The Deposit Strategy Behind Customers Bank’s FDIC Loan Deal

The Financial Brand

This article The Deposit Strategy Behind Customers Bank’s FDIC Loan Deal appeared first on The Financial Brand. Customers Bank saw a bunch of specialized loans on sale at a 15% discount and a bunch of bankers who could do more. It connected the dots.

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FDIC Recruits Microsoft & Truist to Build a Fund for Minority-Owned Banks

The Financial Brand

An unusual alliance, inspired by 'Shark Tank,' aims to address capital needs to help maintain banking access in communities of color. The post FDIC Recruits Microsoft & Truist to Build a Fund for Minority-Owned Banks appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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How a Regulatory Nudge Pushed Payday Lending into the Mainstream, Benefiting Borrowers and Banks

The Financial Brand

This article How a Regulatory Nudge Pushed Payday Lending into the Mainstream, Benefiting Borrowers and Banks appeared first on The Financial Brand. The big banks have embraced small dollar lending, saving millions of consumers billions of dollars annually, according to a new report.

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Major Shifts in Federal Bank Merger Policy Pending from Biden Regulators

The Financial Brand

This article Major Shifts in Federal Bank Merger Policy Pending from Biden Regulators appeared first on The Financial Brand. This article Major Shifts in Federal Bank Merger Policy Pending from Biden Regulators appeared first on The Financial Brand. The Comptroller's Office and the Federal Deposit Insurance Corp.

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Is the Spike in Banks’ Use of Brokered Deposits Cause for Alarm?

The Financial Brand

This article Is the Spike in Banks’ Use of Brokered Deposits Cause for Alarm? This article Is the Spike in Banks’ Use of Brokered Deposits Cause for Alarm? appeared first on The Financial Brand. Why brokered deposits are in the news and why deposit-hungry bankers should care where the debate is heading.