Wells Fargo

Not a Session at Acquire or Be Acquired: Culture

I attended Bank Director’s Acquire or Be Acquired conference two weeks ago. The buzzword of the show: Culture. When Raphael Reznek, CIO of Mascoma Bank, spoke about the biggest challenge […]


Teflon Tim: You Can’t Mess With Wells Fargo

Could the past two years have been worse for Wells Fargo (WF)? According to an appropriately snarky Gonzo Banker post by Scott Hodgins, Wells’ blunders are epic: September 2016 – […]


A Time of Reckoning for Your Bank’s Core Deposits?

Bye-bye municipal deposits. So worries New Jersey Banker’s Association CEO John McWeeney since state-owned bank advocate Phil Murphy was elected governor. The state’s municipal deposits approximate $20 billion, $13 billion […]


Thank You Mr. Stumpf!

October 1, 2016 | Jeff For Banks

Bank reputations were on the rise. After the financial crisis of 2007-08, led by making mortgage loans to people that had little resources to repay them, banks were climbing from […]


Banking Is Not Small Business Saturday

November 30, 2013 | Jeff For Banks

The holidays are upon us and the public relations blitz is on so we patronize small businesses for Christmas shopping. Why? Do small businesses have a unique value proposition that […]


Banks Versus Credit Unions: Much Ado About Nothing

June 21, 2013 | Jeff For Banks

Credit Unions don’t pay taxes! They’re trying to steal our business customers! I often quote Sun Tzu from his over 2,000 year old book, The Art of War. One of […]


The Elephant in the Room: Branches

October 14, 2011 | Jeff For Banks

In keeping up with industry reading it is clear to me that we, as an industry, are perplexed at what to do about branching. The recently released FDIC Summary of […]


The Economy of Scale Myth: Go Big or Go Home

October 17, 2010 | Jeff For Banks

I wrote a post a couple of months ago regarding diseconomies of scale under the premise that at some asset size-point, getting larger does not impact your efficiency and expense […]