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Banks and lenders still feeling pressure one year after SVB failure

Rising interest rates have cranked up the interest banks are paying on deposits. But banks also have cash stuck in low-interest bonds.

United statesDavid reilingChris duncanJulie hillFirst republic bankUniversity of alabama school lawYork community bankSalle state bankSignature bankSilicon valley bankAlabama schoolNew york community bankSunrise banks

Loan payments may be late, but lenders aren t too worried yet

The Federal Reserve’s Senior Loan Officer Opinion Survey found that loan standards are tightening. Borrowers are mostly keeping up, though.

United statesSouth carolinaChris duncanDominik mjartanOptus bankSalle state bankFederal reserveSenior loan officer opinion

Mortgages are still in demand Qualifying for one is a different story

While demand for homes is still high, people are having a harder time qualifying for mortgages. That's intensifying demand for cheaper homes.

South carolinaUnited statesDominik mjartanChris duncanSalle state bankOptus bankFederal reserveNational association of realtorsNational association

Justin Miller promoted to vice president, CFO of La Salle State Bank

The Board of Directors of La Salle State Bank announced the promotion of Justin Miller to vice president and chief financial officer.

Jeff ellisJustin millerSalle state bankIllinois state universityUniversity of illinoisCertified public accountant

Bank collapses force small businesses to weigh banking options

While some have been moving money to "too big to fail" banks, others are sticking with community institutions.

United statesChris duncanNate tobikJackie laundonJanet yellenSignature bankSalle state bankPaycheck protection programSilicon valley bankTreasury secretary janet yellenCapitol hill

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