Small business economic sentiments remained negative in October amid tight labor market conditions and continued inflation, according to the National Federation of Independent Business. [Continue]
Federal Reserve Gov. Michelle Bowman said federal regulators likely exceeded their authority by modernizing Community Reinvestment Act rules late last month without Congressional action. [Continue]
Consumer sentiment fell in October as concerns continued over inflation and conflicts in the Middle East and Ukraine, according to this month’s University of Michigan Surveys of Consumers.
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Commercial and industrial loan demand fell in the third quarter of the year amid an uncertain economic outlook and reduced risk tolerance, according to the Federal Reserve’s October Senior Loan Officer Opinion Survey on Bank Lending Practices. [Continue]
Interest rate volatility was the most pressing issue for ag banks this year, according to the 2023 Agricultural Lender Survey from the American Bankers Association and Farmer Mac. [Continue]
More consumers are turning to online banking as the option remains especially popular among younger adults, according to an ABA survey. [Continue]
The Iowa Division of Banking closed Sac City, Iowa-based Citizens Bank on Friday. As of Sept. 30, Citizens had approximately $66 million in total assets. [Continue]
The Independent Community Bankers of America unveiled an updated website and logo on Nov. 1. [Continue]
Supply manager sentiments continue to reflect growth even as a majority expect business conditions to weaken in the first half of 2024. [Continue]
St. Louis-based Midwest BankCentre recently expanded to Kansas City and appointed local banking veteran Trey Cunningham as market president. [Continue]