Sat.Mar 31, 2018

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A Time of Reckoning for Your Bank's Core Deposits?

Jeff For Banks

Bye-bye municipal deposits. So worries New Jersey Banker's Association CEO John McWeeney since state-owned bank advocate Phil Murphy was elected governor. The state's municipal deposits approximate $20 billion , $13 billion of which are in community banks. A significant source of liquidity. I got news for you John. We might lose municipal deposits regardless.

FDIC 60
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Hippity, Hoppity – Easter Commerce Is On Its Way

PYMNTS

Easter may not get the commercial love Christmas does – nor a fraction of the attention – but in some sense, that is good news for Easter. Because it means Easter gets to be a slightly more quirky holiday than Christmas. Take, for example, the basket full of sweets – common all over the world in some form or another, though how those sweets get into their baskets varies.