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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? Should communities today be concerned by the M&A activity taking place? The edited Q&A is below. The most efficient banks in the U.S.

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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. First Internet Bank of Indiana is primarily a pure Internet play that does not enjoy the same brand splash as ING. Jeff BancVue’s comment letter to the FDIC [link]. At first, it was a pure Internet high cost money play.

Indiana 60
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Top 5 Total Return to Shareholders: #4 Bank of the Ozarks

Jeff For Banks

But he held firm that the regulatory environment, changing customer preferences, and the pace and expense of technology were driving the market towards bigger is better. Last post was dedicated to the #5 Bank, German American Bancorp of Jasper, Indiana (see post here ). They had to grow to survive. I challenged the thinking.