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Banks Versus Credit Unions: Much Ado About Nothing

Jeff For Banks

Credit Unions don''t pay taxes! The frequent and resource sapping waling about credit unions tells me that banks don''t know their enemies, umm, competition. Take my home state, Pennsylvania, for example. We do business with both banks and CUs in the state. Admittedly, mostly banks. Credit Unions boast a 9.5%

Resources 109
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How About Profits in the Branch of the Future?

Jeff For Banks

In the chart below, derived from The Kafafian Group’s (TKG) peer database of hundreds of community bank branches, we see that the revenue generated from deposit spreads, asset spreads (typically consumer loans), and fees (typically deposit fees) as a percent of branch deposits averaged 2.08% for commercial banks and 1.88% for thrifts during 2014.

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Banking's Top 5 in Total Return to Shareholders: 2018 Edition

Jeff For Banks

My method was to search for the best banks based on total return to shareholders over the past five years. I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments.

Oregon 101
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SIFI Bank Ticked Me Off and What Are You Going To Do About It Mr./Ms. Community Banker?

Jeff For Banks

I had year-end tax planning, charitable contributions, and an upcoming holiday trip to fund. And for SIFI Bank (Systemically "Important" Financial Institution), the fuse expired. I doubt there is anybody in Pennsylvania, where my branch is located, that weighed in on that decision. My community bank was acquired by it.

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The 2018 GonzoBanker Awards

Gonzobanker

Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services. PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. GonzoBanker of the Year – Mid-Size Banks.

Fintech 105