Roberto R. Muñoz

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 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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Great article on our Bank!

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The inaugural U.S. Latina GDP Report is out! Funded by Bank of America, this data reveals Latina women are key drivers of the nation’s economy and they outpace their peers in key economic measures. Read more on the report here: https://bit.ly/409N1Sj

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The inaugural U.S. Latina GDP Report is out! Funded by Bank of America, this data reveals Latina women are key drivers of the nation’s economy and they outpace their peers in key economic measures. Read more on the report here: https://bit.ly/3TvCCMl

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~Join us Today! "Money Talks" LIVE Series presented by HEM Financial Group on Instagram. IG @hesy.landesbaum 📅 Wednesday, June 12, 2024 ⏰️ Time: 12:00 PM/EST with Paola Garcia-Villari VP, Pursuit, Business Loan Specialist. Are you ready to take your business to the next level but unsure about financing options? We'll be discussing everything you need to know about accessing business loans and how to prepare for them effectively. 🔍 Topics We'll Cover: ✅️Understanding Business Loans: Get a comprehensive overview of the types of business loans available, their terms, and how they can benefit your business. ✅️Preparing to Apply: Learn the essential steps to take before applying for a business loan, including assessing your financial situation, organizing your documentation, and improving your credit score. ✅️Navigating the Application Process: Gain insights into what lenders look for in loan applicants and how to present your business in the best light to secure financing. ✅️Common Pitfalls to Avoid: Discover the most common mistakes entrepreneurs make when applying for business loans and how to avoid them. ✅️Q&A Session! #hemfinancialgroup #business #loans #AccessToCapital #latinosinbusiness #latinasinbusiness

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As a business owner, you have enough on your plate without having to worry about bookkeeping. That's where we come in - we take care of your books so you can focus on what really matters - growing your business. Contact us today to learn more (212) 332-1660. #cpa #financialmanagement #businessgrowth #finance

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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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Where will you be next Wednesday? The 5th Annual HR Miami Conference is taking place! Of course we want to see you there! Register at hrmiami.org . #hrmiami #hrmiamiconference2024 #hrhorizons24

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The American Factoring Association has a win! Congressman Lucas introduced the Capital Access for Small Businesses Harmonization Act or the CASH Act. The CASH ACT will establish clear disclosures of key terms that factors can provide to small businesses at the time of establishment of the factoring facility. The Act would expressly preempt any state laws applying different disclosure standards to factoring transactions. #factoring #cashflow #assetbasedlending https://lnkd.in/gMABgyPN

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The U.S. Small Business Administration is set to introduce new government-backed credit lines of up to $5 million for small businesses, as announced by SBA Administrator Isabel Casillas Guzman. The initiative aims to provide vital financial support to small businesses. #SBA #SmallBusinesses #finance

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💰 Unlock the Capital You Need to Succeed! 💰 At Midas Financial, we believe that every entrepreneur deserves a chance to succeed, regardless of their credit score or industry. Our comprehensive suite of financing options includes everything from SBA packaging to purchase order financing, designed to fuel your business growth. Let’s work together to unlock the capital you need to take your business to new heights. Reach out to discover how we can help you achieve your business goals! #CapitalAccess #BusinessSuccess #EntrepreneurSupport

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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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One of the most valuable lessons I have learned throughout my life is the importance of identifying. Whether in personal challenges or the pursuit of professional growth, the first step is always to recognize what is in front of me. 🧐⁣ ⁣ When there is a conflict, such as an argument with my wife, the first thing is to identify the problem. When it comes to expanding my business, I identify who I need to reach out to and strengthen ties 🤝⁣ ⁣ I have learned that visualizing my goals and recognizing that I can't do it all alone has allowed me to move forward and grow. Identifying not only helps me see the challenges but also guides me to solutions. 🌟⁣ ⁣ #TonyGutierrez #Identify #IdentifyToGrow #PersonalGrowth https://lnkd.in/gPNf-uSt

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I started my career at M&T Bank as a loan officer in 2002. 🏦 I worked at a building named M&T Center which is located at One Fountain Plaza. A few blocks away, there was another large building called M&T Plaza which is located at One M&T Plaza. It can be pretty confusing if you don’t know the setup. 🤯 These were the days when customers needed to come in and exchange docs because eSignature wasn’t a thing yet, and scanners weren’t something most people had access to. There was a customer parking lot across the street from our building which had plenty of customer parking and there was a larger parking lot next to that for employees that had no customer parking. Upon entering the building, customers needed to stop at security to get a pass, then were directed to the elevators to get up to the 5th floor where we were located. I learned pretty early on that I needed to do the following to have a successful borrower meeting: 1️⃣ Call my borrowers and explain to them that there were two M&T buildings, and be sure they we’re heading to the correct one. 2️⃣ Give them direction on which parking lot to park in. 3️⃣ Walk down to security and hand them my business card with the name of the individuals visiting so I could be called to escort them up when they arrived. If the borrowers went to the wrong building, they wouldn’t have been able to find the right parking lot, would go into the wrong building and get lost.  When they were directed to the right building, they would walk, because they didn’t want to deal with re-parking. 🤷🏻‍♂️ If the borrowers went to the wrong parking lot, they couldn’t get parking and would anxiously try to figure out an alternative. 🅿 If they showed up at the security desk unannounced, they would have a frustrating interaction as the security guard tried to figure out if they should be let in and where they needed to go. 👮‍♀‍ None of these things had anything to do with mortgage banking, but they were critical to the borrower’s experience. Today we don’t have as many borrower meetings in person, instead, our borrowers are on a technical “journey”, strolling into our mortgage world, armed with an iPhone.  Understanding and empathizing with this journey is just as important as understanding credit scores and LLPAs.  Thank you for coming to my TED Talk.

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The Federal Open Market Committee (FOMC) is cutting interest rates.  Is your business prepared for the coming changes? What does it mean for you and you and your business and how can you prepare? Comerica’s Lupe Ramirez, Sr. Commercialization Manager for Liquidity and Treasury Management, provides insight on steps you can take to make sure your business is ready. Get the insights here: https://bit.ly/3XtBuKl Member FDIC. #ComericaBank #InterestRates #SmallBusiness

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