Deposits

There are signs that commercial loan demand finally picked up in the second quarter, but banks still face some obstacles.

The recent string of positive news for the banking industry, from lower corporate taxes to less regulation, is starting to feel like a distant memory.

On Mar. 31, 2018. Dollars in thousands.

Competition for deposits is heating up as summer approaches, and banks are responding in all sorts of ways — from launching digital-only platforms to raising CD rates to reviving debit rewards. But rising interest rates could weaken demand for loans, especially mortgages.

USAA's lawsuit accusing Wells of infringing on its remote-deposit patents is new territory: bank-on-bank fights over intellectual property.

When asked if other banks were being sued, USAA said the lawsuit names only Wells Fargo because the bank is one of the biggest adopters of remote mobile deposit capture and has failed to license the technology.

Closing branches might be good for cost control, but it can also diminish the ability to gather core deposits. Banks with $2 billion to $10 billion of assets — which are ranked here by three-year average returns on equity — are learning this the hard way.

The city wanted to sever its relationship with the bank, but it ran into a big obstacle.

A lack of talent, capital and good business planning proved fatal for bank organizers in California and Georgia.

At the CUNA CFO Council conference, credit union professionals shared their strategies for competitive deposit pricing.