Hard Work, New Products Power Growth
To earn its spot in Banker & Tradesman’s annual Fast 50 rankings, Newburyport Bank nearly quintupled its loan volume, the most of any bank in the rankings.
Loans for Exurban Buyers Are a Growth Business
According to the latest figures from the USDA’s Rural Development agency, the number of loans under its single-family guaranteed loan program at the midyear mark is up 38 percent from the same point a year ago.
Fed Rate Cut Not Expected to Move Mortgage, Deposit Rates
Interest rates on residential mortgages and consumer banking accounts will likely see little movement in response to the Federal Reserve’s decision Wednesday to cut its benchmark interest rate by 25 basis points.
Report: More Credit Unions Offer Free Checking Accounts
Many more credit unions offer free checking accounts than banks, according to a new Bankrate report; 82 percent of credit unions offer free checking accounts to everyone, compared with just 38 percent of banks.
Survey: Most US Smartphone Users Have at Least One Financial App
Nearly two-thirds of all smartphone users in the U.S. have at least one financial app.
