Martha Mathews

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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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 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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Save time and effort depositing paper checks for your business. Consider using the Remote Deposit services from Texas Gulf Bank to deposit client payments from the job site, office, or your home. Find out how to enroll. *Services offered through the Treasury Services Department are fee-based and subject to approval. MEMBER FDIC *By clicking the links and/or hashtags below, you may go to a page or website not affiliated with Texas Gulf Bank, N.A. This site/page does not share our stated Privacy Policy and may not offer the same level of security. We do not guarantee the accuracy of the information, monitor the content on this site/page, or endorse any products provided or organizations it represents/promotes. https://lnkd.in/gKDUTndG #RemoteDeposit #OnlineBanking #MobileBanking #BusinessOwners #BusinessBanking #BankLocally

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JS Bank’s performance in the first half of 2024 has been nothing short of extraordinary. With a 511% year-over-year increase in consolidated Profit After Tax, we’ve demonstrated what’s possible when innovation, strategic investments, and a customer-first mindset drive everything we do. I want to personally thank our incredible teams, trusted partners, loyal stakeholders, and most importantly, our customers. Your belief in us has fueled our success, and we couldn’t have achieved this without you. But we’re not stopping here. The second half of 2024 holds even more promise, and we’re committed to continuing this momentum. Together, we’ll keep pushing boundaries and redefining what’s possible. For a deeper dive into our results: https://lnkd.in/dQzBS_q3

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47 Comments

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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SBA Fixed or Variable Rates- We are here to take you to that next level.. Call the proven experts in the SBA field to discuss how we can assist our Texas Based Small Businesses as your partner in the journey!

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The bank funding landscape has evolved significantly in recent years, with large banks adopting innovative approaches unfamiliar to many community bankers. How has your executive team adapted beyond traditional methods like adjusting the rate sheet? Join us at the Graduate School of Banking at the University of Wisconsin - Madison for a session on October 22nd to explore these changes. If you can't attend live, catch the recording. Today, interest expense outweighs all other expenses combined, signaling a need to break free from the status quo. Discover new possibilities and elevate your strategy. #banking #funding #finance #GSB #bankers #executives #strategy #innovation

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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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Finding the SBA loan that fits your needs has never been easier. Trust Texas Capital’s SBA bankers to guide you every step of the way. Connect with me to get started.

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The June Term Funding Profit Benchmark report is now available. #banking #creditunions #deposits #funding #profitability #communitybanking

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Five Star Bank is your financial partner. How can we help you? 

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Keep your business competitive in your industry. Consider our bank's Treasury Management Services to help improve efficiency and find opportunities to reduce costs. Read the latest Texas Gulf Bank blog to learn about our treasury solutions and how they may help your business streamline financial transactions and improve cash flow. MEMBER FDIC *By clicking the links and/or hashtags below, you may go to a page or website not affiliated with Texas Gulf Bank, N.A. This site/page does not share our stated Privacy Policy and may not offer the same level of security. We do not guarantee the accuracy of the information, monitor the content on this site/page, or endorse any products provided or organizations it represents/promotes. https://lnkd.in/gs4wuZYk #TreasuryServices #TreasurySolutions #TreasuryManagement #SmallBusiness #CashFlowManagement #BankLocally

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Silvur is one of the best ways to help members with the complex choices that must be made when approaching retirement, whether it is the member who is making the choices of their family members who may be assisting them, Silvur helps to demystify the process and help you make the right choices. Highly recommend!

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