Fed Survey: Loan Demand, Standards Begin to Stabilize
Loan demand and standards for lending began to stabilize in the third quarter after demand weakened and standards tightened during...
Economy
OCC: Pandemic, Low Rates Shape Risk Environment for Banks
The response to the coronavirus pandemic continues to shape the risk environment for banks, according to the OCC’s Semiannual Risk...
CEO Q&A: Opportunities to Shine
Cultivating career paths for rising leaders in community banking.
Fed: Banks Are the ‘Shock Absorbers’ of Real Economy as Pandemic Continues
The nation’s banks have been the “shock absorbers” for the real economy as the pandemic causes turmoil in financial markets,...
ABA Data Bank: CRE Delinquencies Remain Elevated in Hospitality, Retail Sectors
The share of commercial real estate loans 30+ days delinquent jumped from 0.9% in April to 5.1% in June. Though...
Consumer Credit Growth Picked Up in September
Consumer credit decreased at a seasonally adjusted annual rate of 2.25% in the third quarter according to the Federal Reserve....
638,000 Jobs Added in October
Total nonfarm payroll employment rose by 638,000 in October, according to the Bureau of Labor Statistics. Total unemployed persons fell...
Fed Maintains Rates as Economic Hardship Continues
The Federal Reserve will keep its target range for the federal funds rate at 0 to 0.25% as the economy...
ISM: Non-Manufacturing Sector Growth Continues in October
The ISM Services Index grew in October for the fifth consecutive month. The index registered 56.6% in October; 1.2 percentage...
International Trade Balance Tightened in September
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
