Community State Bank - Des Moines, IA’s Post

So, you want to trade with no M2M? Sure, be a bank! The FDIC first quarter report reveals that the US banking system is bearing a $517 billion in unrealized losses (and has 63 “problem banks” - names? anyone?). In the first quarter of 2024 alone, unrealized losses rose by $39 billion compared to the fourth quarter of 2023. The FDIC highlights that this increase is mainly driven by higher unrealized losses on residential MBSs. #Finance #Banking #FDIC #UnrealizedLosses #Stability

FDIC data this morning show a striking hike in problem-bank numbers and assets. Each is small re the banking system as a whole, but the sudden jump in 1Q problem assets compared to earlier data suggests strongly that the FDIC didn’t consider Republic First a problem bank until the first quarter even though it was flat-lining months before. The agencies keep promising supervisory escalation, but this doesn’t appear to have occurred even though Republic First was an obvious basket case.   #bank, #FDIC #quarterlybankingprofile, #bankingsystem

BANK DEPOSITS by FDIC Insured Banks. A dramatic surge in domestic deposits is observed around 2020. This aligns with the onset of the COVID-19 pandemic, during which massive government stimulus programs, such as the CARES Act. Recent negative changes indicate stress within the banking sector, with individuals and institutions possibly moving funds away from banks or reducing savings due to rising living costs or economic uncertainty. CONCLUSION. The recent trend signals challenges for the banking system. * Source: FDIC.GOV | Complete QBP (PDF), pg 3 | <https://lnkd.in/e2jN6Kf7 >

Let's start the week with some banking knowledge! How the FDIC Protects Your Money? United States government agency that was created in 1933 in response to the banking crisis of the Great Depression. The purpose is to provide deposit insurance to protect depositors in the event that a bank or savings institution fails. Also works to promote consumer protection and maintain stability in the banking system. To learn more about the FDIC and its importance in the American banking system, read our article: https://lnkd.in/eXPGBpdr What do you think about this article? Did you find it useful? Share your thoughts in the comments and let's chat about it! #FDIC #banking #insights #finance #insurance

FDIC Summary of Deposits 2024 data is now available for over 4,500 banks and 76,000+ branches. This important data identifies which banks operate in each county and MSA nationally. View the data at https://lnkd.in/e47VkFit

What would you do if your bank suddenly froze withdrawals? That’s exactly what happened to Yes Bank customers in 2020. Faced with bad loans and a financial meltdown, the RBI set a ₹50,000 withdrawal limit. Panic set in as customers rushed to ATMs, unsure if their savings were safe. The bank’s slow communication only made things worse. However, quick action from the RBI and SBI stabilized the situation, and Yes Bank survived. The lesson is clear: in a crisis, communication is everything. Here’s what we learned: -Speed is important, but clear and transparent communication matters more. -A solid crisis plan helps maintain trust when things go wrong. -Admitting mistakes and reassuring customers are crucial to recovery. So, what’s your plan for when things go wrong? #CrisisManagement #YesBank #BrandTrust #RBI #SBI #FinancialCrisis

Yet again, banking turmoil is back in the headlines. How do you make sure your hard-earned funds are protected against the failure of a financial institution? The FDIC does just that. For more information on FDIC Insurance, visit https://bit.ly/3MNqBPY. #AlloySilverstein #bank #FDIC #FAQ #business

Banks are no longer ideal to deposit your valuables. The RBI directed banks to rework their locker agreements & sign revised contracts with their customers in 2021. The repeatedly extended deadline for this has passed, but nearly half of the customers have still not signed on. Basically, new rules meant to enhance banks’ locker services for clients are having the opposite effect. This, however, unlocks a window of opportunity for private non-bank players. Host Rahel Philipose explains how in Daybreak. Click the link in the comments. ------ #TheKen #Banks #RBI #Lockers

Read our analysis on the FDIC's Q1 2024 quarterly data on the U.S. banking sector: https://lnkd.in/exjKZHSV Key Highlights: -- Net income improved on the absence of special FDIC assessment charges seen in Q4 2023 -- Weakness in commercial real estate and credit card loans drove the decline in asset quality metrics. However, asset quality metrics are still better than pre-pandemic levels -- Net interest margins decreased, on higher funding costs and slightly lower earning asset yields. #Banking #FinancialInstitutions

The FDIC is not really “insurance”. 1. The FDIC charges participating banks an equal fee (percentage of AUM) regardless of risk taken by the bank or amount in reserves. This encourages risky behavior and punishes conservative banks. 2. Banks pass on this fee to depositors in lower interest rates paid and in extra fees across the board. 2. The FDIC holds around $0.70-$1.20 for every $120 of deposits. What would this mean if there were a large scale crisis? The FDIC was created to help the banks, not individuals. It was solely created to prevent bank runs and allow for additional Fed bailouts if things get too bad.