Neil Stanley

Banking Beyond the Ordinary

[Neil Stanley @BankCoach]

@JPNicols Would your banks be interested in enhanced deposit strategies?

[Neil Stanley @BankCoach]

Michael lays out key principles to address in providing banking services today. Nicely done! https://t.co/hJyQ46gbWH

[Neil Stanley @BankCoach]

You might note in this century it has been the misperception that we can sustain low interest rates that has given the false impression to many that debt won't be a big burden. Low interest rates were certainly part of the cause of the excessive leverage…https://t.co/Z0JmjCKaCg

[Neil Stanley @BankCoach]

Thanks for posting this poll, John. It is true that high "real" interest levels are ultimately restrictive to the economy. However, we just recently moved into positive "real" interest rates. So we should be careful about predicting grave economic conseq…https://t.co/zq6pBZnyOr

[Neil Stanley @BankCoach]

I just discovered today that Q2's Purposeful Banker Podcast is now on YouTube!

Alex Habet's series of podcasts were recently made available via YouTube, You can access the episode I joined Alex on below. I would highly recommend…https://t.co/dXhhEGzDk5 https://t.co/E227LOncfZ

[Neil Stanley @BankCoach]

Check out the volatile ride of the 06/2024 CME FedWatch Fed Funds Futures Market data. Here is the graphic of the expected yields since December 2022. Last night the expected rate had risen to 5.08%.

You can access this data at https://t.co/KHzOZC5Mz1…https://t.co/ixcbFAz8Z2

[Neil Stanley @BankCoach]

Below is an actual listing today on a website of a bank in the U.S.. This is the type of pricing that can only lead to backlash for banks. Money is after all the ultimate commodity. While there are economies of size and scale it is impossible to justif…https://t.co/VzFYNaCgTN

[Neil Stanley @BankCoach]

I encourage you to check out @ABWashBureau's Banking with Interest podcasts.

#banking #podcast https://t.co/9Nl2Mxfrh3

[Neil Stanley @BankCoach]

In recent weeks and with today's unemployment not creating any downward pressure on interest rates the Fed Funds futures market has moved dramatically toward interest rates moving and staying higher. The graphic below is today's Fed Funds Futures summary…https://t.co/sMysfVVaVi

[Neil Stanley @BankCoach]

Novotta, LLC can help financial institutions pay a bonus rate of interest on deposit account growth. Check it out today at https://t.co/7iachBQUwS If you want to grow deposits without overpaying on interest expense, I highly recommend that you find out…https://t.co/ztGgRh9fGu

[Neil Stanley @BankCoach]

Great list offered by Endeavor Bank, few FDIC-insured institutions live up to these ideals. Bravo! https://t.co/81xF1mzJl8

[Neil Stanley @BankCoach]

I guess I shouldn't be surprised, but I was today. I found that the highest standard term APYs offered by FIs currently (as reported by S&P Global) show the dispersion creates a near linear relationship between the number of FIs reporting APYs that range…https://t.co/tIE9tv7xez

[Neil Stanley @BankCoach]

There is one thing everyone needs to be clear eyed about today when it comes to interest rates - The inflation index the Fed focuses on is Core PCE. It is has dropped from its high of 5.4% in February 2022 to 4.6% in May 2023. You can see it is a long w…https://t.co/q6U4KEjht8

[Neil Stanley @BankCoach]

Prior to the Great Financial Crisis, I don't recall a societal consensus that low interest rates were universally "good" for an economy and high interest rates were universally "bad". This is a narrative that leadership developed as they searched for a wa…https://t.co/O7ZOjGV2Rd

[Neil Stanley @BankCoach]

Karen Kroll's ABA Banking Journal post well describes the issues bankers are facing currently with a heightened focus on banking resilience, the evolving banking business model and the proliferating number of choices available to b…https://t.co/OZWMNHadC1 https://t.co/UwDgJBfuGY

[Neil Stanley @BankCoach]

Businesses must produce value to prosper. No business ever saved its way to prosperity. Another place to observe short-sightedness is in the drive to minimize cost of funds. Some bankers are so focused on holding down their cost of funds that they are…https://t.co/OjSxR9tLCD

[Neil Stanley @BankCoach]

@jswhite3, thanks for this good summary of how many banks have been complacent about funding. You make a good point that the number of alternatives for depositors will not decrease. Bankers who rely solely on their traditional product structures sold as m…https://t.co/Qc1VkthlBZ

[Neil Stanley @BankCoach]

With the 2Q 2023 finished now we can see what yields have been at the end of the last three quarters. Compared to YE 2022, the 1Q 2023 yields pivoted with the short end going up and everything longer than 1-year declining.

The 2Q 2023 was a different…https://t.co/74iFznicFd

[Neil Stanley @BankCoach]

The proliferation of "New Money Only" deposit advertisements is a curious thing. For financial institutions that claim to be driven by relationship to offer explicit "New Money Only" offers are perplexing.

Here's a thought when a competitor runs such a…https://t.co/3M3mMhJGKh

[Neil Stanley @BankCoach]

Innovation in deposit structure is occurring at a rigorous pace. Here is an ad I observed today that sparked many structural questions:

So many questions to address here Mark:

- Is the rate on all balances in this account variable or just the balances o…https://t.co/EnqSSt24P5