2007 FDIC National 
Perficient
MARCH 10, 2021
.” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. Total Outstanding.
Abrigo
MARCH 9, 2015
The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. The FDIC’s “Problem List” dropped to 291 institutions, from 329 in 2013. The positive trends from the third quarter of 2014 continued for the industry sub-set. percent to 75.4
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Abrigo
MARCH 9, 2015
The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. The FDIC’s “Problem List” dropped to 291 institutions, from 329 in 2013. The positive trends from the third quarter of 2014 continued for the industry sub-set. percent to 75.4
Jeff For Banks
JANUARY 14, 2021
A mid-2020 survey performed by Cornerstone Advisors showed that 51% of retail customers that opened a new bank account within the last three months did so at a large, national bank. When I made that speech in 2008, there were approximately 8,500 FDIC-insured financial institutions and today that is around 5,000, a 40% decline.
Jeff For Banks
NOVEMBER 3, 2012
One such bank, First National Bank & Trust of Newtown (PA), had a similar branch as my client''s (see photo). According to FDIC data, the branch grew from $41 million in deposits at June 30, 2007, to $70 million at June 30, 2012, a 70% increase. This is FNB&T''s New Hope office. Perhaps, then, the branch is not dead.
Jeff For Banks
OCTOBER 4, 2014
Now the amount of money in US registered investment companies exceeds that in FDIC insured banks. Lending Club funded $5 billion in loans since its founding in 2007. How long before those corporate accounting system providers strike a deal with some regional or national bank to provide seamless views to corporate customers?
Jeff For Banks
DECEMBER 26, 2012
This has led to $863 million of covered loans (loss share arrangements with FDIC), and a yield on such loans of 8.69%, according to its latest investor presentation. Another interesting fact is that Access National''s management team, which owns 15% of the bank, is relatively young, ranging in age between 41 and 53 years old.
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