Meredith Covington News Today

Nearly nine out of 10 bankers surveyed by the Conference of State Bank Supervisors ranked the specter of rising deposit costs and narrowing margins as their top concern.

Producing profits amid plunging net interest margins and plummeting loan demand is the chief concern for America's community bankers, according to a new survey.

from the St Louis Fed -- this post authored by Meredith Covington, Manager, Supervision Policy, Research and Analysis Manager; and Ana H. Kent, Policy Analyst, Center for Household Financial Stability During most of the coronavirus pandemic, women have faced higher unemployment rates than men, as the pandemic affected sectors with high shares of female workers, particularly in service professions. Moreover, the closures of schools and day care centers and the implementation of remote learning ...