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Are de novos making a comback?

Abrigo

The FDIC paper The Entry, Performance, and Risk Profile of De Novo Banks published in April 2016 reports that the number of de novo bank failures and acquisitions annually has drastically declined since 2010, primarily due to the fact that new bank formations have become nearly inexistent.

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How to Measure Interest Rate Risk Effectively in Banks & Credit Unions

Abrigo

Accurate and timely IRR measurement is necessary for monitoring IRR effectively,” says the Office for the Comptroller of the Currency’s handbook on interest rate risk says. The large increase in deposits coupled with decreased loan demand pose interest rate risk challenges for banks,” the Federal Deposit Insurance Corp.

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