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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. Heck, maybe there'll be a reassessment and your real estate taxes will go down. Taxes go down? Jeff Please consider reading my book: Squared Away-How Can Bankers Succeed as Economic First Responders.

Taxes 78
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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

When the Taxpayer Relief Act of 1997 passed, the top capital gains tax rate was lowered, providing yet another incentive for equity speculators to pour money into the fledgling internet industry. And quite frankly, I did not know there were so many tranches to mortgage-backed securities. We took a serious reputational hit. Inflation.

FDIC 78
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The State of Banking

Jeff For Banks

In 2013, there were 6,812 FDIC-insured financial institutions. Provision, and income taxes. Most of the institutions, if not all of them, probably took a Deferred Tax Asset (DTA) writedown in the income tax line item, impacting these bottom line ratios. Where are we and where have we been? Trends are telling.

Taxes 60
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Four Ideas on Bank Retail Investment Sales

Jeff For Banks

The most profitable program that we measure, on a pre-tax profit as percent of revenue basis, is one that is totally outsourced. trillion in assets , while bank assets in all FDIC insured financial institutions was $14.7 With that title comes trust, security, and integrity. trillion for the same period.

Retail 86
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Finovate Debuts: itBit’s Regulated Bitcoin Trading Platform

Fintech Labs Insights

Board members—Senator Bill Bradley, former FDIC Chairman Sheila Bair and former FASB Chairman Robert Herz. It also offers tax documentation and FDIC insurance for U.S. Since itBit is regulated, it must pass yearly exams, complete capital requirements, and face oversight to ensure its bitcoins are secure. 32 employees. $30

Bitcoin 12
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The Thinker

Independent Banker

With few underwater credits on its books, the bank continued to lend as others left the market—though it still faced the challenge of distressed sales depressing market values. “It Twenty years ago, every residential mortgage the community bank made stayed on its books. FDIC Advisory Committee on Community Banking, member.

Ohio 70
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Best of Banking Awards for 2021

MyBankTracker

Citi Prestige $250 annual travel statement credit and complimentary hotel nights on qualifying bookings. Chase Sapphire Preferred Points worth 25% more when redeemed for travel booked via Chase. First Progress Platinum Prestige MasterCard Secured Credit Card Great for those with bad credit. Discover it Secured No annual fee.

ATM 52