Deposits

Banks' marketing blitz, Wells' penance, brokered deposits: Top stories of the week

02/01/19

Banks spend heavily on marketing to win deposits, push digital; Wells Fargo bends to critics in its latest response to scandals; FDIC review of brokered deposits has big implications for branches; and more from this week's most-read stories.

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FDIC review of brokered deposits has big implications for branches

01/30/19

Banks that gather deposits through branches generally pay lower deposit premiums than those that solicit deposits online. So what happens if long-standing restrictions on brokered deposits are relaxed?

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Deposit surge, fewer charge-offs highlight Ally’s 4Q results

01/30/19

More than half of the new depositors the online bank added in the fourth quarter are millennials.

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Banks spend heavily on marketing to win deposits, push digital

01/29/19

At banks of all sizes — from the $7.2 billion-asset WSFS Financial to the $373 billion-asset Capital One — marketing budgets ballooned in the fourth quarter.

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The bank that became too good at commercial lending

01/29/19

Woodforest National Bank made so many C&I loans that it cut into capital and required more liquidity. It has shifted gears, selling two business lines as it refocuses on deposit gathering.

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War for online deposits eats into CIT Group's 4Q profit

01/29/19

Earnings fell well short of analysts' estimates due in part to a 28% increase in interest expenses.

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Credit Unions with the Most Deposits

01/28/19

On Sep. 30, 2018. Dollars in thousands.

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Chemical, TCF to merge, creating $45 billion-asset bank

01/28/19

Chemical is paying roughly $3.6 billion for the $23.5 billion-asset TCF. The combined company will be headquartered in Detroit, Chemical's hometown, and operate under the TCF brand.

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5 takeaways from banks' 4Q results

01/27/19

Among the things we've learned this earnings season: C&I is back, fee income is flat, and leveraged lending is beginning to "rear its ugly head."

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Tragedy in Florida, mortgage data breach, steel-cage match for deposits: Top stories of the week

01/25/19

A man entered a SunTrust branch in Sebring, Fla., and shot and killed five women, four of whom were bank employees; 24 million mortgage documents exposed in data security lapse; the battle for deposits is like 'a steel-cage' match; and more from this week's most-read stories.

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