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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio.

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Squared Away- How It Happened

Jeff For Banks

The challenge was that it was a book designed for community financial institutions. But for this exercise, I leaned on my family. The subtitle came from a virtual conference where Jelena McWilliams, the FDIC Chair, said those words. Very niche. Not a large audience. No worries though, I could build my own publishing house.

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Fraud prevention and detection: Empowering clients through education

Abrigo

Start with these seven key takeaways: Recognize phishing attempts: Clients should understand common tactics used in phishing and exercise caution with emails by checking the sender’s address for anything unusual. Clients should also be wary of social media scams. According to the FTC , $2.7

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