ABA Community Banking

JULY 21, 2022

The latest issue of the FDIC Quarterly explores loan performance at community banks in five manufacturing-concentrated states: Indiana, Kentucky, Louisiana, Michigan and Wisconsin. The post FDIC Quarterly highlights community bank performance in manufacturing states appeared first on ABA Banking Journal.

Community Bank 59

Community Bank FDIC Community Louisiana 59

PYMNTS

JUNE 20, 2017

The action comes a week after the FDIC announced that digital lender SoFi had applied to the state of Utah for a special banking charter known as an ILC. Should the charter be granted, SoFI would be able to take deposits and in many ways be on equal footing with the banks it currently competes with.

Utah 108

Utah Indiana America Community 108

Jeff For Banks

MARCH 5, 2021

If we lose 4% of FDIC-insured institutions per year, which was pre-pandemic pace, we will have ~ 3,300 institutions in 10 years. For example, think of the Credit Analyst in Charlotte evaluating a rural Indiana ag loan to an Amish borrower. Should communities today be concerned by the M&A activity taking place?

Regulation 78

Regulation Indiana Charlotte Community Bank 78

Jeff For Banks

MARCH 27, 2010

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

Indiana FDIC Strategy Regulation 60

Jeff For Banks

SEPTEMBER 10, 2011

Last post was dedicated to the #5 Bank, German American Bancorp of Jasper, Indiana (see post here ). They acquired seven failed institutions in Georgia, Florida, and South Carolina from the FDIC, adding over $2 billion of acquired assets since March 2010. I will review my top five in descending order.

Arkansas 66

Arkansas South Carolina FDIC North Carolina 66

Jeff For Banks

FEBRUARY 1, 2015

But truth be told, MutualFirst Financial of Muncie, Indiana, the holding company for MutualBank, is publicly traded. Innovative Bank - Through the worst banking crisis since the Great Depression, only about 5% of FDIC-insured financial institutions failed. My point here is, not every town name should be on your billboard.

Pennsylvania 60

Pennsylvania Baltimore Branding Indiana 60

American Banker

JULY 14, 2016

The possible selection of Indiana Gov. Mike Pence as Donald Trump's running mate could clarify the presumptive Republican nominee's banking policy views, adding a policymaker to the ticket who has been outspoken about the Dodd-Frank Act, "too big to fail," and the CFPB.

Policies 28

Policies Indiana FDIC Regulation 28