IntraFi

“There are a lot of unintended consequences with this Reg II proposal, and I don’t think we need to be further enriching big-box retailers who really haven’t passed on the savings of Durbin to their customers,” Rep. Andy Barr, R-KY, said on Banking with Interest this week.>> https://ow.ly/LX7k50Tmn0M

Funding mix shift coming? The Fed is widely expected to lower interest rates next week. History suggests this will lead to a drop in time deposits.>> https://lnkd.in/epwDH2i9

Rep. Andy Barr, the chair of the House financial institutions subcommittee, discusses why he should lead Republicans on the Financial Services Committee next year. He offers a preview of his agenda, including pushing legislation that would prevent banks from denying legal businesses access to financial services and why large institutions are suddenly supporting it. He also details what changes regulators should make in new Basel III capital rules, how regulatory reform for banks could happen, and why M&A approval rules should be revamped. Don't miss this latest podcast, hosted by IntraFi's Rob Blackwell>>https://lnkd.in/er9GRbD8

The Financial Brand reports that commercial deposits are on the rebound (https://lnkd.in/gmFZQ8x7). For tips on attracting and retaining commercial and other high-value customers, be sure register for an upcoming, complimentary "Explaining ICS & CDARS to Your Customers" webinar for financial institutions. Sign up today>>https://ow.ly/oFN650TjqEm

Listen today as Jaret Seiberg, managing director of TD Cowen’s Washington Research Group, and host Rob Blackwell dive into the many policy changes facing banks this summer. Topics include the FDIC’s brokered deposit proposal, the Fed’s new FAQ on the discount window, a Texas court decision on the small business rule, and the new uncertainties the election poses for the industry. Don't miss it>> https://ow.ly/NEzy50TfQ0J

Fed data shows credit card balances hitting a new all-time high, and FDIC call report data shows bank reserves increasing. However, absent dramatic rate cuts, net interest margins should improve as fixed-rate assets reprice higher. Competing forces such as these could help explain bankers' neutral outlook on economic conditions in the coming year>>https://ow.ly/ZG0G50T8Zom

Curious about what bank executives are thinking regarding deposit competition, funding costs, loan demand, and the economy? The most recent Intrafi Bank Executive Business Outlook Survey has got you covered. Leaders from more than 450 unique banks weighed in. Get the full report>> https://ow.ly/XV5250T3sfy

"Generally, loan growth is slow coming out of second-quarter earnings reports so far," reports Bank Director (https://lnkd.in/eqPuHw6r). The article also references data from IntraFi's most recent bank survey, found here>>https://ow.ly/K9Cf50SZMjN

Smaller banks added deposits in the second quarter, while super-regional and mega banks saw their deposit levels decline. >>https://lnkd.in/e9hAzdYt

Despite the decline in check volume, check fraud is ballooning, according to 90% of respondents to our most recent Bank Executive Business Outlook Survey. Get the full report, which includes banker perspectives on deposit competition, loan demand, and funding costs.>>https://ow.ly/U5Re50SSp8a