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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C Louis, Missouri; Pittsburgh, Pennsylvania; Kansas City, Kansas and Greenville, South Carolina, among others. area, Philadelphia and Boston.

St. Louis 145
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Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

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At home with HOA banking

Independent Banker

Looking for an avenue to increase its deposit base, Academy Bank tapped into a market it hadn’t explored before: homeowners associations. Location: Kansas City, Mo. Academy Bank in Kansas City, Mo., is a full-service commercial bank with 80 branch locations in Arizona, Colorado, Kansas and Missouri.

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Ag lending outlook & top challenges

Abrigo

As farmers adjust their credit needs in response, banks with a higher share of agricultural loan activity (“ag banks”) may see demand for loans increase,” Kansas City Fed economist Francisco Scott said in a recent research report. Develop and manage relationships with ag borrowers. Department of Agriculture projects a 4.5%

Lending 195
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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.

FDIC 166
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How to Measure Interest Rate Risk Effectively in Banks & Credit Unions

Abrigo

Would you like other articles on asset/liability management in your inbox? Takeaway 1 Regulators stress sound risk management practices that include the ability to identify and measure interest rate risk (IRR). The emphasis on effective systems and tools to measure interest rate risk is especially critical in the current environment.

How To 195
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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

Acquisitions allow organizations to spread costs across a larger asset base, recognize synergies within business lines, reduce staff, and consolidate branches in overlapping markets. One key area that can be both an obstacle and an opportunity for community banks is technology, the Federal Reserve Bank of Kansas City says.