Deposits

Banks and Thrifts with the Most Deposits

12/24/18

On Sep. 30, 2018. Dollars in thousands.

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FDIC’s interest rate restrictions need a rewrite

12/19/18

The agency’s rate cap for banks that are less than well capitalized contains several flaws and poses problems for community banks.

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Are branch deals still worthwhile?

12/16/18

Branch acquisitions, once a popular way to scale up in new markets, have started to go by the wayside in the digital age.

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Robinhood's checking account poses legal issues: SIPC chief

12/14/18

The fintech Robinhood did not contact the Securities Investor Protection Corp. to discuss protection for deposits, according to SIPC CEO Stephen Harbeck.

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Axos loads up on more deposits (for free)

12/14/18

The San Diego bank has agreed to assume $225 million in deposits at no premium from Modern Woodmen of America, which is shuttering MWABank, its direct bank subsidiary.

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How banks could fend off Amazon and Facebook

12/10/18

Nearly 60% of people thinking about switching banks would be open to banking with a big tech company if they ever get that option. Cash incentives or existing savings accounts are big factors in consumer decisions — and things that banks could keep in mind in their efforts to recruit or retain customers.

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CIT spruces up brand in bid for more household deposits

12/07/18

It’s still primarily a commercial bank, but the branding campaign — CIT’s first in a dozen years — is designed to appeal to the group driving its torrid deposit growth: retail savers.

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Best in Banking, CRA reform, Operation Choke Point: Top stories of the week

11/30/18

Zions' Harris Simmons named Banker of the Year; distilling the hopes and hang-ups around CRA reform; new grist in still ongoing debate over Operation Choke Point; and more from this week's most-read stories.

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People’s United’s plan to bulk up in Boston: Target tech firms

11/28/18

The Bridgeport, Conn., company is developing a specialty in banking technology businesses. Like so many other small regionals with ambitious growth plans, it faces a tricky balancing act: how to take creative risks without getting in over its head.

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Big banks’ other weapon in battle for deposits: Wall-to-wall marketing

11/27/18

Technology is often cited as the leg up large banks have in winning over customers, but regionals are worried about the “billions and billions” bigger rivals can pour into ubiquitous ad campaigns.

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