Federal Reserve Bank of Atlanta rates BBVA Compass “Outstanding” for CRA performance

(Courtesy of PRNewswire) BBVA Compass today announced that the Federal Reserve Bank of Atlanta rated it "Outstanding" for CRA performance for its most recent examination period encompassing 2015 to 2017. The bank achieved "excellent performance" for community development lending and investments, and "high satisfactory" for service, which would translate to an overall "Outstanding" rating. The … Continue reading Federal Reserve Bank of Atlanta rates BBVA Compass “Outstanding” for CRA performance

Rising rates are not all good news for US banks

(courtesy of JaxBizJournal ) This week’s jump in interest rates has carried bank stocks along with it, but investment analysts caution against assuming that a rising rate environment will boost bank earnings, particularly in the near term. The reason: what banks pay for deposit funding — which has been close to nothing, in many cases, for … Continue reading Rising rates are not all good news for US banks