Economic conditions, net interest margins and cybersecurity rank among community bankers’ top concerns this year, according to the Conference of State Bank Supervisors annual national survey.
Home equity lines of credit could be a major opportunity for lenders in coming years because many homeowners simply don’t know what they are.
With nine months left to implementation, only 14 percent of SEC registrants are currently running parallel loan loss allowance models under the new current expected credit loss accounting method, while 3 percent of SEC registrants acknowledge they have not yet begun CECL preparations at all.
Mortgage applications and refinancing activity soared at the end of March as mortgage rates continued to fall, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 29, 2019.
Forty million Americans expect to miss a credit card payment this year.
The government shutdown appears to be dulling loan application approval rates at small financial institutions.
U.S. credit unions and banks are feeling better about managing their risk and regulatory compliance obligations than they did last year.
The majority of community banks and credit unions in Southern New England have started planning their adoption of the new Current Expected Credit Loss accounting method, but most have yet to identify exactly how they will implement this new standard.
Small business owners are not exactly feeling the love from their banks.
The reputations of banks are down for the first time in five years.
Regulatory compliance remains a driving force in risk management and risk management is becoming more prominent in bank culture, a new survey has found.
The average online checking account costs 47 percent less than its branch-based counterpart, while the average online savings account pays 457 percent more interest than the branch alternative, according to WalletHub’s latest Banking Landscape Report.
More than two-thirds of participants in a recent study said they were frustrated with their digital banking experience, and are prepared to walk away from their current financial institution if a better digital experience should present itself.
Nearly two-thirds of all smartphone users in the U.S. have at least one financial app.
While real estate sales can be an exciting, even glamorous job, it can also be dangerous.
A new rental affordability study has concluded that buying a median-priced home is more affordable than renting a three-bedroom property in 54 percent of 447 U.S. counties analyzed for the report.
The state’s economic condition and burdensome regulation has many community bankers worried in Connecticut, while these same bankers see fintech as a potential partnership opportunity that is key to growth.
Months after the world learned that the data of potentially 150 million Americans had been compromised, the fallout from the Equifax data breach is still reverberating throughout the financial services industry.
A recent survey by the Consumer Financial Protection Bureau (CFPB) shows that more than 40 percent of U.S. citizens are struggling to pay their bills.
Banks may not be perfect, but one they product they seemed to have nailed down is the mobile application.