Jeff For Banks

JULY 5, 2022

Banks were permitted to branch wherever they wanted. The money market mutual fund became a formidable competitor to the bank account. First Internet Bank in Indiana was founded in 1998. In Pennsylvania, Rocket has number 1 market share. Firstly, commercial banks are significantly funded with retail deposits.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

Jeff For Banks

MARCH 5, 2021

A bank trade association CEO asked me a couple of questions while he was researching an op-ed piece. Shouldn't the CFPB work to address the impediments to starting a bank in LMI markets rather than punish community banks who scrambled to serve their customers when the economy shut down?

Regulation 78

Regulation Indiana Charlotte Community Bank 78

Jeff For Banks

MARCH 27, 2010

As its brand evolved, ING and its well-known Orange savings account has been able to attract deposits that are not priced at the top of the market. First Internet Bank of Indiana is primarily a pure Internet play that does not enjoy the same brand splash as ING. Its deposit rates are typically at the top of the market.

Indiana 60

Indiana FDIC Strategy Regulation 60