Chris McGraw, MBA

With the FDIC call report data now available for the 2nd quarter of 2024, we can now see that the median bank CD portfolio yield for the quarter was 4.16%, up from 3.96% in the previous quarter. The average CD yield in the U.S. for the quarter was 4.56% when you add up all the CD interest paid and annualize it compared to the average volume of CDs during the quarter. This is up from 4.48% in the previous quarter. This means that the banks paying higher rates had a significantly greater share of the volume. Bankers might want to check out our recent publication of the Term Funding Profitability benchmark at https://lnkd.in/gM_bHrq5 To explore the Pressure Gauge for your bank or your competitors use this link https://lnkd.in/eHWXGKZ. I'd love to hear from thought leaders like Ryan Rackley, Gregory Dushan, Jeff Marsico, Omar A. Hinojosa, CFA, Steve Wofford, Christopher Nelson, CFA, Chris Nichols, Dave McNab CPA, CA, Rutger van Faassen, Preston Afrank, Alisha Crafton, Michael Daidone, Gerard Colaluca, Beth Ericson, Boris Masip, MBA, Connie Loveland, Glenn Grossman, and Tom Grottke #banking #profitability #deposits #strategy

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With the FDIC call report data now available for the 3rd quarter of 2024, we can now see that the median bank CD portfolio yield for the quarter was 4.29%, up from 4.16% in the previous quarter. The average CD yield in the U.S. for the quarter was 4.62% when you add up all the CD interest paid and annualize it compared to the average volume of CDs during the quarter. This is up from 4.56% in the previous quarter. This means that the banks paying higher rates had a significantly greater share of the volume. Bankers might want to check out our recent publication of the Term Funding Profitability benchmark at https://lnkd.in/gM_bHrq5 To explore the Pressure Gauge for your bank or your competitors use this link https://lnkd.in/eHWXGKZ. I'd love to hear opinions from thought leaders like Ryan Rackley, Gregory Dushan, Jeff Marsico, Omar A. Hinojosa, CFA, Steve Wofford, Christopher Nelson, CFA, Chris Nichols, Dave McNab CPA, CA Rutger van Faassen, Preston Afrank, Alisha Crafton, Michael Daidone, Gerard Colaluca, Beth Ericson, Boris Masip, MBA, Connie Loveland, Glenn Grossman, Dave Wicklund, Mike Bilyeu, Ryan Walker, Gabe Krajicek, Amy Pierce, Gene Palm, Jim Wrigley and Tom Grottke #banking #profitability #deposits #strategy

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Thanks to Chris Nichols and SouthState Bank for sharing valuable insights on the origins and evolution of time deposits. I love this quote in the article "As the legacy knowledge of deposit gathering is passed down from generation to generation of banker, some of the finer points of liability structuring are getting diluted with some knowledge just plain forgotten about." In the current landscape, bankers must adapt their deposit structuring and pricing strategies to avoid unproductive, reactive measures. It's crucial to move away from the "Whack-A-Mole" approach that many have resorted to since the Fed's interest rate adjustments in March 2022. It's time for banks of all sizes to embrace a more strategic and informed approach to optimizing their deposit processes, products, and pricing. By studying and implementing the deposit best practices checklist, professionals can enhance their overall deposit management strategies. Check out the interest-bearing deposit best practices checklist here: https://lnkd.in/gFvngEFP #Banking #Finance #DepositManagement #BankingStrategies #FinancialInsights

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With the FDIC call report data now available for the 1st quarter of 2024, we can now see that the median bank CD portfolio yield for the quarter was 3.96%, up from 3.69% in the previous quarter. The average CD yield in the U.S. for the quarter was 4.48% when you add up all the CD interest paid and annualize it compared to the average volume of CDs during the quarter. This is up from 4.39% in the previous quarter. This means that the banks paying higher rates had a significantly greater share of the volume. Bankers might want to check out our recent article on moving the focus from rates to profits at https://lnkd.in/gWWx4w4B To explore the Pressure Gauge for your bank or your competitors use this link https://lnkd.in/eHWXGKZ. I'd love to hear from thought leaders like Jeff Marsico, Steve Wofford, Dale Sheller, Ryan Hayhurst, Omar A. Hinojosa, CFA, Christopher Nelson, CFA, Chris Nichols, Dave McNab CPA, CA #banking #profitability #deposits #strategy

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It's all about building relationships and earning trust.

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As production and labor costs rise, food companies focus on protecting profits. Read our insights on how to adapt to a volatile market. bit.ly/4b2XjFQ

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Making sound moves for your company today can strengthen your position in the future. Learn how in our 4-strategy guide to thriving during uncertainty. bit.ly/45P1phE

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While there’s a path for companies to follow to leverage treasury solutions, Adam Kruis explains what’s driving the need for more sophisticated technology.

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How is your financial institution approaching deposits today? To stay competitive, we need enhanced sales processes that offer products beyond the classic checking, savings, and term deposits. Pricing must be relevant to depositors while remaining profitable for financial institutions. This calls for investing in innovative deposit strategies, moving beyond traditional practices. Interested in exploring what the best and brightest are doing in this arena right now? Join us to delve into the latest trends and strategies shaping the deposit landscape. Let's navigate the evolving terrain together!

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Thank you to Dan Mitchell and F.N.B. Corporation for your partnership! Pursuit and First National Bank recently worked together to close an SBA 504 loan for a brewery in Harmony, PA.    Want to learn more about the 504 program? Read all about eligibility, benefits, and more here: https://bit.ly/41pdpUX   #SmallBusinessLoan #SmallBusinessLoans #SBALoans #SBA504 #BusinessLoans #Funding #SmallBusinessLending

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Gain valuable insights into the current state of the economy. Our analysis delves into crucial aspects such as GDP, employment, and Federal Reserve policy. Check out the latest edition.

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