Coastal Community Bank’s Post

We were honored to be a part of this video project with CBA of Georgia, ICBA and Moultrie Bank & Trust. Watch the full video below to learn more about the importance of community banking: https://hubs.ly/Q02rZhFj0

📊 New #CFIB data: Canadian financial institutions still have a lot of room for improvement when it comes to the overall level of service they provide to their small business customers. As we do every three years, we have measured through a large survey (over 7,000 respondents) entrepreneurs' satisfaction with the banking services they receive. CFIB ranked banks and credit unions from 0 to 10 within the areas of financing, fees, account manager and service. Top spots in the rankings for this most recent edition: 🥇 Credit Unions (6.0/10) 🥈 Desjardins (5.6/10) 🥉 National Bank (5.2/10) Our wish for 2024: given the especially challenging times on the financial front, more than ever our small businesses deserve efficient, responsive, and helpful banking services! The full report authored by Michelle Auger and Taylor Matchett is available at https://lnkd.in/eyKhsHuz #CFIBstats #cdecon #banks #SmallBiz

Insights from Private Banking & Wealth Management London 2024. At the event hosted in Victoria, Michael Welti, head of private banking & member of the executive committee at Banque Heritage, highlighted the crucial role of family offices in the sector. Welti began by addressing the congestion in the market, often leading to consolidation. He stated: “Family offices and EAMs are important clients for us. We see ourselves as partners and not as competitors. While the Swiss market has grown in recent years, consolidation has reduced the number of banks and EAMs, from 440 banks to 220, and 2500 EAMs to over 1000 licensed ones, and the story is not over yet.” Read on for more: https://bit.ly/45uA327 #PrivateWealth #PrivateBanking #WealthManagement #PrivateBanking #WealthManagement #FinanceConference #Insights

🔴 Attention Lloyds, Halifax, and Bank of Scotland customers! Big changes are happening with overdrafts starting today. Are you ready? Click the link below to find out more about the major shake-up and how it might affect you. #Lloyds #Halifax #BankofScotland #OverdraftShakeup --- 🔴 Attention Lloyds, Halifax, and Bank of Scotland customers! From today, major changes to overdrafts are in effect. Find out how this shake-up could impact you. Check out the article for more details. #Lloyds #Halifax #BankofScotland #OverdraftShakeup https://ift.tt/4tP5cFf

In a decisive move to safeguard depositors and stabilize the regional banking sector, the FDIC has seized Republic First Bancorp, a Philadelphia-based lender struggling with financial instability. The bank's operations, including all assets and $4Bn in deposits, have been transferred to Fulton Bank. This transition, costing the FDIC's fund an estimated $667Mn, nearly doubles Fulton's footprint in Philadelphia, signaling a bold step towards greater regional stability. As Republic Bank's branches prepare to reopen under Fulton’s name, this pivotal action underscores the ongoing challenges and regulatory responses shaping the U.S. banking industry's future. #republicbank #FDCI #qf #quantumfinserv #follow

There have been 3,409 bank failures since 1936 – the year of the first recorded bank failure in the FDIC’s records. Check out the provided graphic to see the number of bank failures in each of the last 10 years. This past decade has seen the fewest bank failures since the period from 1965-1974. For more banking news and insights, reach out to Ryan Wolf or Luke Sullivan. Ryan Wolf 📞 (972) 755-5207 📧 Ryan.Wolf@marcusmillichap.com Luke Sullivan 📞 (972) 755-5198 📧 Luke.Sullivan@marcusmillichap.com #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #banking

Big moves: Old Mutual’s financial performance Soars as it prepares to venture into banking sector. Old Mutual is gearing up to make waves in the banking sector with the launch of its new bank “by the end of this year”. South Africa’s second-largest insurer applied for a banking licence in 2022. Last week, when the group presented its 2023 results, chief executive Iain Williamson said Old Mutual completed building the bank’s core functionality at the end of last year, “within budget and on time – it cost us R1.75 billion to stand up the capability”. Read the full article to get further insights on the financial performance in 2023: https://buff.ly/3vIHcy3 #OldMutual #annualresults #IainWilliamson #massmarket #valueofnewbusiness #lifesales #moonstoneinfo #moonstoneupdate #industrynews

Ever experienced the magic of a calendar that speaks to you? Introducing NDB Bank's Corporate Calendar 2024 - The Talking Calendar, where your calendar comes to life. #ndb #ndbbank #talkingcalendar #digitalinnovation

The FHFA report today augurs substantive change -- and soon. If FHFA does what it says it will do re curtailing large borrowers, blocking emergency financing, and greater mission focus, then Bank profitability – already iffy under ordinary circumstances – will suffer. No wonder the report contemplates near-term System consolidation from eleven to as few as eight Banks. More to come in pending FedFin analysis, but shake-up is certain. #FHFA #banks #FHLB #housingsystem https://bit.ly/3MzCacF

Key highlights from CRDB Bank Plc Financial Results: ☑ Over the last 10 years, growth in total assets has been on an upward trend despite a slight decline in the financial year 2016. ☑ Total operating income has risen steadily over the last 10 years even though there was a modest drop in the financial year 2017. ☑ Between the financial years 2014 and 2017, there were fluctuations in profit after tax (PAT) after which, these figures have been increasing consistently. #financialperformance #financialupdates #businessgrowth #bankingnews