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The Folly of Peer Groups

Jeff For Banks

But because financial information on competitors is so readily available in banking (we must report to the FDIC our quarterly results and it is available to all), we become over-reliant on them. But UBPRs are done by asset size and region. See below for a snapshot from an Umpqua Bank of Portland, Oregon UBPR.

Groups 60
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The top-performing community banks of 2021

Independent Banker

Genesee Regional Bank. We strive to bring the community bank model to mortgage banking,” says Ryan Dempster, president and CEO of the bank, which has 17 locations in Oregon, Washington and Idaho. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. Q: Why has Genesee Regional Bank succeeded?

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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

The Bank offers a wide range of deposit services including demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit with fixed rates and a range of maturity options. We believe we can effectively compete as a community bank in our market area and the niche markets we serve.

Strategy 101
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SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

Over the last two years, more than $500 million worth of cash deposits from the legitimate cannabis business has flowed into Maps Credit Union in Salem, Oregon. market for legal weed. Such prohibition could involve limiting FDIC protections for those deposits, for example, or trying to prevent loans to those businesses.

Oregon 230
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SAFE Banking Act Gains Cannabis-Friendly Spotlight in Congressional Hearing

PYMNTS

Over the last two years, more than $500 million worth of cash deposits from the legitimate cannabis business has flowed into Maps Credit Union in Salem, Oregon. market for legal weed. Such prohibition could involve limiting FDIC protections for those deposits, for example, or trying to prevent loans to those businesses.

Oregon 115