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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Quarterly Financial Markets & Economic Update- October, 2017 I love this time of year. The markets have not given way to anything, with long term bonds still trading in a tight range and short term rates having risen from Fed action. Fiscal Policy We are not seeing activity from Washington DC. What Does the Economy Need?

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Banking's Total Return Top 5: 2013 Edition

Jeff For Banks

Especially if I believe community banks must increasingly be known for some niche to differentiate. I first became aware of Marlin at the Utah Bankers Association Executive Development Program, where a Marlin Business Bank officer was attending. The branchless community bank operates in the Wilmington-Philadelphia market.

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Bank Products: Blah Blah Blah

Jeff For Banks

At a recent banking conference, Ray Davis of Umpqua Bank took center stage to tell of his journey from a small, Oregon community bank to a regional powerhouse. And product was not part of the bank's success. Imagine a customer getting a text from a financial management app that says "your bank is screwing you".

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Can a Simple Word Change Reshape the Brokered-Deposit Market?

American Banker

Community bankers say that reclassifying "reciprocal deposits" as a less risky type of deposit will help them to compete with large banks. Some deposit brokers are crying foul, arguing that the proposed legislation would put them at a competitive disadvantage.

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GonzoBanker Awards 2017

Gonzobanker

Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. 16 passing of Robert Wilmers, chairman and chief executive officer of M&T Bank Corp. Oh, by the way, that Fintech darling of two years ago Lending Club?

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Fintech'ers Will Be Right on Branching. Unless Bankers Act.

Jeff For Banks

I read a recent interview of Members 1st Credit Union CEO Bob Marquette by S&P Global Market Intelligence (link requires subscription). I think banks are closing branches for one reason: to cut costs and prop up their earnings and boost their stock price." Look at transaction counts. Look at the decline in branches since 2009.

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Does Brokered-Deposit Bill Give Special Treatment to Promontory?

American Banker

Some providers of deposit-placement services to banks are crying foul over a proposal they say would give the market's dominant player, Promontory Interfinancial Network, an even bigger competitive edge.