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How Did Your ALCO Model Hold Up?

Jeff For Banks

My firm did a sample data run for a client that included all commercial banks in NY, NJ, PA, and MD between $500 million and $1.5 These factors led to a false sense of security that low-cost deposits were there to stay. When the national and super regional banks began raising rates they were reluctant to follow – until it was too late.

NJ 116
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Which are America's healthiest credit unions?

Abrigo

Whether it is securing funds in a checking or savings account, or investing in a retirement fund, many Americans need a sense of security that comes with an outstanding experience from their financial institution. Credit unions often prioritize providing that security blanket through a positive banking relationship.

America 150
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NJ Legislators Propose Tighter Data Privacy Regulations

PYMNTS

New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws. On March 21, retailers doing business in New York State will be faced with a new law regarding data security. He added that his committee is holding a public hearing for feedback on March 16.

NJ 249
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Why Banks Are Dumping Fannie, Freddie Debt

American Banker

Banks have rushed to the exits when it comes to Fannie Mae and Freddie Mac debt securities. Federal liquidity rules seem to be prompting big banks to do so, but why small banks are unloading the bonds, too, is more of a puzzler.

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The top-performing community banks of 2021

Independent Banker

Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. Philip Pecora, president and CEO Genesee Regional Bank. Q: Why has Genesee Regional Bank succeeded? Allied First Bank, SB.