Can Basel III Bring Opportunity to Small Banks?
A rule intended to strengthen the U.S. banking system by increasing banks’ capital reserves in case of a crisis could open opportunities for New Hampshire’s smaller banks to catch business opportunities in the process. Under the proposed rule, colloquially referred to...Survey: Majority of Most Age Groups Prefer Mobile, Online Banking
Two national studies show that US bank consumers are shifting their preferences more to digital banking platforms, both mobile and online, instead of opting to go to branches – particularly to branches inside big retailers. The American Bankers Association recently...Eastern-Cambridge Merger Will Lead to NH Branch Closures
Eastern Bank said the merger with Cambridge Trust will lead to some branch closures, with many of both banks’ branches less than a mile from each other. A total of 11 locations – eight Eastern Bank branches and three Cambridge Trust ones – will be closed for...S&P Sees Lower Bank Margins Ahead as High Deposit Costs Persist
U.S. banks increased deposit costs in the second quarter to protect core funding and have seen slowed deposit outflows, but that “defensive posture” and its lower net interest margins are likely to continue in the coming years, according to S&P Global...This Week’s Paper: Digital Edition
