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Today In Digital-First Banking: Green Dot Debuts GO2bank; Stimulus Checks Pose Challenges For TurboTax, H&R Block

PYMNTS

GO2bank is built to be the go-to destination for seamless, affordable, useful banking — combining the security, stability and experience of an FDIC-insured bank with the innovation and agility of a leading FinTech,” Green Dot Corp. CEO Dan Henry said in a press release. Stimulus Checks Pose Issues For H&R Block, TurboTax .

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Now, customers and analysts will pay more attention to Loans + Securities-to deposit ratio. Instead of just looking at LTD, investors, and depositors, will now look at loan plus securities to total deposits. Higher cash holdings will now be a demarcation of credit quality. 9) Brand Matters: SVB had one of the best brands in banking.

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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.

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The State of Banking

Jeff For Banks

In 2013, there were 6,812 FDIC-insured financial institutions. That yielded 291 total institutions, broken down by region. Some regions are experiencing slightly elevated non-performers from the previous year. Are these anomalies due to region, competition, or business models? Provision, and income taxes.

Taxes 60
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Best of Banking Awards for 2021

MyBankTracker

First Progress Platinum Prestige MasterCard Secured Credit Card Great for those with bad credit. Discover it Secured No annual fee. Discover it Secured No annual fee. Capital One Secured MasterCard Low security deposit to get started. Wells Fargo Secured Visa Credit line (security deposit) maximum of $10,000.

ATM 52
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SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

Denny Heck, both Democratic members of Congress from states with legal marijuana — back the Secure and Fair Enforcement of Banking Act of 2019 , or the SAFE Banking Act, as it is more commonly known. 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

Denny Heck, both Democratic members of Congress from states with legal marijuana — back what is called the Secure and Fair Enforcement of Banking Act of 2019 , or SAFE Banking Act as it is more commonly known. They told stories of violent armed robberies, money laundering and tax evasion, among other negative impacts of a cash-based industry.

Oregon 115