Remove Denver Remove Management Remove Security Remove Taxes
article thumbnail

US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards. 19 report on Consumer Credit) translating to ~$70 more in interest per $10,000 in debt.

Trends 52
article thumbnail

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

To you, manage your interest rate risk. When the Taxpayer Relief Act of 1997 passed, the top capital gains tax rate was lowered, providing yet another incentive for equity speculators to pour money into the fledgling internet industry. And quite frankly, I did not know there were so many tranches to mortgage-backed securities.

FDIC 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Tuscaloosa.

article thumbnail

Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

HQ: Denver, Colorado. Lien rights management. Digital rights management platform on the blockchain. Tags: SMB, B2B, data, analytics, financial management, accounting, suppliers, cost management, accounts payable, Xero (integration). Source: Crunchbase. Cumulus Funding. Personal loans repaid by share of income.

Company 12
article thumbnail

The Thinker

Independent Banker

National Management Association/Grand Lake chapter, treasurer and president. Hartings dove into the details of the deal, which involved ensuring Wright State University would help manage the dorms, finding a legal firm to handle the paperwork and helping get approval for tax-exempt financing from the county. “We

Ohio 70
article thumbnail

Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

Cloud cash and treasury management solutions. HQ: Denver, Colorado. Tags: Adviosrs, wealth management, trading, investing. Total raised: $245 million. HQ: Oakland, California. Source: Crunchbase. Latest round: $22.7 Total raised: $95.1 HQ: San Diego, California. Source: FT Partners. Source: Crunchbase. Online payment service.

article thumbnail

242 Startup Failure Post-Mortems

CB Insights

Twenty months of my absence have allowed the “professional” top managers to kill the company using the money of rich oligarchs. The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year.

Company 78