US Bank Call Reports
International Bank of Commerce Reports – 230759
International Bank of Commerce Reports – 382069
Commerce Bank Reports – 625159
Community Bank of El Dorado Springs Reports – 766052
Central Valley Community Bank Reports – 703767
First National Bank of South Padre Island Reports – 346566
Citizens’ Bank, Inc. Reports – 563336
Timberline Bank Reports – 3271986
BOC Bank Reports – 352651
NBH Bank Reports – 4210227
Hiawatha Bank and Trust Company Reports – 2536633
Piermont Bank Reports – 5342974
First Progressive Bank Reports – 177135
Nationwide Trust Company, FSB Reports – 2729677
Nevada Bank and Trust Company Reports – 400767
Catskill Hudson Bank Reports – 2132594
Charles Schwab Trust Bank Reports – 5278251
Worthington Bank Reports – 3150205
CrossFirst Bank Reports – 3594005
Deutsche Bank Trust Company Delaware Reports – 304913
Atlantic Community Bankers Bank Reports – 959715
Equity Bank Reports – 139656
New Haven Bank Reports – 3843392
First Resource Bank Reports – 3314043
Intercredit Bank, National Association Reports – 44433
Bankers’ Bank Reports – 408642
Independent Correspondent Bankers’ Bank, Inc. Reports – 1187551
GBank Reports – 3636446
Grand River Bank Reports – 3812147
First National Bank of Michigan Reports – 3404467
FDIC Confirms Republic First Bank Closure
Regulators in Pennsylvania have reportedly closed Republic First Bank, in the first notable bank failure of 2024. The Federal Deposit Insurance Corporation (FDIC) made the announcement in a press release Friday. According to that release, The Pennsylvania Department of Banking and Securities ordered the bank closure. The FDIC was designated as the bank’s receiver. Behind […]
Senators Move to Block CFPB Rule on Credit Card Fees
Several Republican Senators are attempting to block the Consumer Financial Protection Bureau’s new rule restricting credit card feed. In a press release, the Republican Senate minority detailed their resolution that seeks to overrule the CFPB’s new policy. The CFPB’s new rule on credit card fees The agency rule was finalized and announced to the public […]
New York Fed: Inflation Pressures Cooled in February
A key inflation gauge cooled in February, down from January’s 3% to 2.9%, the Federal Reserve Bank of New York reported Monday. The decline in the bank’s Multivariate Core Trend Inflation index is seen by many as a signal that underlying inflation pressures may be weakening. Evidence of weakening inflation pressures That news comes on […]
FDIC Issues New Draft Guidance for Bank Merger Scrutiny
This week, the Federal Deposit Insurance Corporation issued draft guidance that would increase bank merger scrutiny. According to Reuters, the proposed guidance would be the first change to the FDIC’s merger principles in 16 years. The regulators’ board of directors approved the proposal’s issuance in a vote on Thursday. Why the FDIC believes increased bank […]
Powell: Growing Fed Confidence for Rate Cuts
On Thursday, Federal Reserve Chairman Jerome Powell testified before the Senate Banking Committee. During that testimony, he suggested that the central bank is becoming more confident that the nation’s inflation rate is moving in the right direction. If that trend continues, he said that the Fed could implement interest rate cuts sometime this year. Timing […]
Capital One Announces $35B Megamerger with Discover
Capital One recently confirmed its intent to purchase Discover Financial for $35.3 billion. Regulators will still need to approve the megamerger before the sale can proceed. If that approval happens, Capital One would become the nation’s largest credit card issuer, with $250 billion in card balances. Megamerger details According to media reports, the all-stock acquisition […]
Banking Groups Sue to Block New CRA Rules
A group of industry organizations have filed suit to block regulators’ new Community Reinvestment Act rules. According to the plaintiffs in the case, regulators are exceeding their authority with the proposed rules. Additionally, the plaintiffs argue that the new CRA rules conflict with the statutory language of the CRA. The plaintiff groups include the U.S. […]
Fed Signals No Imminent Rate Cuts Ahead
Despite market expectations for imminent rate cuts, the Federal Reserve today confirmed its intent to leave interest rates at their current level. That marks the fourth straight pause on those rates, as inflation has continued to plague American consumers. Inflation remains too high for the Fed’s liking The Federal Reserve has long committed to maintaining […]
NYC Sues FDIC for Overdue Signature Bank Taxes
New York City is suing the Federal Deposit Insurance Corporation (FDIC) over $44 million in overdue taxes Signature Bank taxes. According to Bloomberg, the suit was filed in a Manhattan federal court on Monday. The suit targets the FDIC in its role as the failed bank’s designated receiver. The overdue Signature Bank taxes The lawsuit […]
Navigating the Future: Decoding Financial Trends with VISBANKING Data Analytics
Understanding Financial Trends: VISBANKING Data Analytics In today’s rapidly evolving financial landscape, staying ahead is not just an advantage; it’s a necessity. For businesses and individuals alike, having a clear understanding of financial trends is crucial for making informed decisions. This is where VISBANKING and its powerful data analytics come into play, offering a unique […]