Remove Capital Remove FDIC Remove Indiana Remove Marketing
article thumbnail

CFPB: Are They Coming to Get You?

Jeff For Banks

Shouldn't the CFPB work to address the impediments to starting a bank in LMI markets rather than punish community banks who scrambled to serve their customers when the economy shut down? If we lose 4% of FDIC-insured institutions per year, which was pre-pandemic pace, we will have ~ 3,300 institutions in 10 years.

article thumbnail

Deposits: Do you want a relationship or fries with that?

Jeff For Banks

They troll the web for best rate banks, assuming one depository with FDIC insurance is no better than another. As its brand evolved, ING and its well-known Orange savings account has been able to attract deposits that are not priced at the top of the market. Its deposit rates are typically at the top of the market.

Indiana 60