Economic Outlook September 2018

Sometimes the most exciting thing about a statement from the Federal Open Market Committee (FOMC) is blank space—something they don’t say. That was the case on Wednesday.  Read more...


game changer for banks

Banks remain cautious about road ahead despite positive economic news

There has been a lot of good economic news over the past 12 months. But despite a low unemployment rate and the longest bull market on record, bankers (who are generally a cautious bunch) remain fairly reserved in their optimism about the future, according to latest quarterly Bank Executive Business Outlook Survey.
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game changer for banks

New Law Offers Banks a Way to Accelerate Deposit Growth

For a long time, it seemed as if the deck was stacked against community banks. Since the financial crisis, the nation’s largest banks have gobbled up some $2.4 trillion in new deposits. But now, some of that imbalance has shifted in favor of community banks. In May, President Trump signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act.
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game changer for banks

A Game Changer for Banks and Local Communities

On May 24, 2018, President Donald Trump signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act, which provides relief from certain rules and regulations for community banks. Among the law’s many provisions, one stands out in importance—most reciprocal deposits are no longer considered “brokered deposits.”
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Bank Executive Business Outlook Survey, 2018, Q1

Bank Executive Business Outlook Survey, 2018, Q1

Banker experiences over the past 12 months and their overall confidence in the next 12 months hit new lows since we started tracking these measures more than three years ago. Read more...


Wary of Amazon?

Amazon has been in the news a lot in recent months—from stories on where the tech/retail giant might locate it’s new, second headquarters to President Trump’s tweets about its business practices. One story that did not garner quite as much attention (but did catch our eye) was the recent announcement that Amazon is in talks with a number of financial institutions to offer “checking-account-like” products. Read more...


Annual Bank Executive Business Outlook Survey Report

Annual Bank Executive Business Outlook Survey Report

For bankers, the 2017 Bank Experience Index was strong and steady throughout—and got hot at the end. Read more...


Bank Executive Business Outlook Survey

Bank Executive Business Outlook Survey, 2017, Q4

Across a number of survey indicators, bankers’ views about the current state of the industry, as well as their expectations about its future, are pointing up. Read more...


What Community Banks Are Doing to Increase Deposits

In the most recent Bank Executive Business Outlook Survey, 63 percent of survey respondents indicated that deposit competition had increased over the last 12 months. Compared to the survey results from a year ago, that was a jump of almost 25 percentage points, underscoring that deposit competition is on the rise. And banks don’t expect competition to cool down any time soon—77 percent projected it will get tougher in 2018. Read more...


Banking on Technology

As a fintech firm, we are always interested in what technologies banks are investing in. Recently, we surveyed financial institutions about where they allocate budgetary resources for technology.  Read more...