Despite Push to Shrink Exposure, Banks Face Growing CRE Risk
Prolonged high interest rates may drive credit risk at banks with high commercial real estate exposures, according to a new survey by Moody’s. Moody’s previous survey of U.S. banks’ CRE concentrations in September 2023 highlighted the growing asset risk in CRE loan...Online-Only Banks Experience Decrease in Customer Satisfaction
A recent analysis by J.D. Power reveals an overall decline in customer satisfaction for online-only banks due to issues with customer service and efficient problem resolution. “Despite significant increases in deposit interest rates for both checking and savings...This Week’s Paper: Digital Edition
