Browsing: deposit

Key insight: The bill would raise the deposit insurance limit for some business accounts to $10 million, halving the previous $20 million proposal. Forward look: The Independent…

Key insights: Banks are by and large lowering interest rates on deposit accounts.Expert quote: “Until loan growth really comes back in a more significant way, what…

What’s at stake: The deal could strengthen Fiserv’s competitive advantage by bundling deposit services with its core processing, payments and new digital asset offerings.Supporting data: StoneCastle…

Forward look: Deposit insurance reform discussion is being taken up in earnest on the House Financial Services Committee. Key insight: More deposits are likely to not be…

Key insight: Some Republicans are starting to question the cost of deposit insurance reform for business accounts. Expert quote: “The $20 million number just feels like a…

Key Insight: VersaBank is planning an alternative to stablecoins.What’s at stake: Banks are concerned cryptocurrency may negatively impact traditional deposits.Forward look: Many banks will likely pursue…

WASHINGTON — When Silicon Valley Bank collapsed, First Hawaiian Bank executive Robert Harrison found himself fielding calls from anxious mainland customers. The nearly $24 billion institution was…

A little more than a year after the Community Development Bankers Association and National Bankers Association launched an initiative to place deposits in mission-focused financial institutions,…

Learn more: Bankrate’s list of best CD rates Source link

Did you find this page helpful? Why we ask for feedback Your feedback helps us improve our content and services. It takes less than a minute…