Deposits

A deposit boon for small Georgia banks?

05/03/19

Community banks in the state have struggled to attract the funds to meet surging loan demand, but that could change now that a new law has made it easier for them to accept government deposits.

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This behavioral metric could help banks get ready for next downturn

05/02/19

The Money Anxiety Index, a measure of consumer saving and spending habits, has started rising off a 50-year low. The economist who created it says that means another slump is nearing, and that banks should use the intel in pricing deposits and making other decisions.

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Synchrony appoints executive to oversee venture investments, M&A

05/02/19

Brian Doubles, who had been chief financial officer, will continue to report to CEO Margaret Keane in the newly created role.

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C&I lending rises nearly 16% at Associated Banc-Corp

04/25/19

The Wisconsin bank's pending acquisition of 32 Huntington branches would boost its ability to make more loans, but like other banks this quarter it said deposit costs are cutting into margins.

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Fifth Third's commercial loan growth helps boost 1Q earnings

04/23/19

Fifth Third Bancorp in Cincinnati also closed on its purchase of MB Financial and benefited from increases in corporate banking revenues and a slight improvement in credit quality.

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JPM exec shuffle, U.S. Bank’s first digital chief, CFPB and debt collection: Top stories of the week

04/19/19

Whether JPMorgan tipped its hand on a succession plan; U.S. Bank hires its first chief digital officer; all eyes on CFPB as it modernizes its debt collection rules; and more from this week’s most-read stories.

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Why Citizens is willing to pay so much for deposits

04/18/19

The Rhode Island bank’s deposit costs nearly doubled in the first quarter, but CEO Bruce Van Saun says it has to go on the offensive to sustain loan growth.

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Fee income, deposit growth highlight Citizens 1Q

04/18/19

The Providence, R.I., bank reported increases in most fee-based lines and loan categories, and it continued to add deposits through its new digital franchise, Citizens Access.

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Can U.S. Bancorp make its digital cross-selling strategy work?

04/17/19

EO Andy Cecere acknowledges that other banks have tried to broaden customer relationships and selectively expand into new markets before and struggled. But the sophistication of today’s online and mobile services could make all the difference this time, he says.

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Deposit costs weigh on Signature Bank

04/17/19

CEO Joseph DePaolo lamented the tough funding environment after the New York bank said deposit costs jumped 90% in the first quarter. Signature was the second bank Wednesday to report a drag on profits from funding costs.

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