Consumer sentiment falls in September
The University of Michigan Consumer Sentiment Index decreased 5.3% in September compared to the month prior, landing at 55.1, according to final results for the month.
ABA DataBank: Shares of property insurance firms are outperforming banks and the S&P 500
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ABA DataBank: Auto loan delinquencies rising
Subprime auto loans are regarded as a leading economic indicator, and in August, the delinquency rate rose to 9.3%, nearing the 10% mark.
Fed publishes FAQ on end of penny production
The Federal Reserve has published an FAQ about what the end of penny production will mean for penny ordering and deposits as coin distribution locations run out of inventory.
FDIC announces new appointments to leadership positions
The FDIC announced the appointment of five individuals to serve in senior leadership positions, including director of the agency's Division of Risk Management Supervision.
Study: Customer loyalty increases when banks resolve fraud
Bank customers who experience fraud are more likely to stay with their institutions if the bank is able to identify the perpetrator, according to a recent study.
Personal income increased 0.4% in August
Personal income increased 0.4%, or $95.7 billion, in August, the Commerce Department said. The personal savings rate was 4.6%.
