In this encouraging piece, Rochdale points out a pronounced uptick in liquidity for financial institutions this year: “In the first quarter of 2024, aggregate deposit growth for the industry was nearly 11% on an annualized basis.” It goes on to argue that the increase can be attributed more to “Fed policy and changes in the money stock and the velocity of money” than consumer behavior, implying that this trend could continue throughout the year. If your credit union has found itself with more liquidity to steward all of a sudden, that’s a good problem, and solving it is what we do at Rhyze! Reach out directly or via your Allied Solutions LLC representative to learn how. https://lnkd.in/g5yfqCQb
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Check out Tearsheet's round-up of our latest research into the state of business lending, the impact of economic challenges, and the product strategies and emerging trends in the space: https://lnkd.in/eZfG_YHE #lending #businesslending #lenders
Non-bank lenders are having a hard time surviving the current economic climate - Tearsheet
https://tearsheet.co
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Banker at J.P. Morgan Private Bank | Young Professionals of the Americas (YPA - Miami) | Ex-ITF World Junior Tennis Player
When the bulk of your wealth is tied to a #concentratedstock position, whether you own a #business or you work for a large #publiccompany, it’s important to think about how this affects your personal wealth and objectives. https://lnkd.in/e6tXNmF2
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privatebank.jpmorgan.com
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In the dynamic landscape of finance, where every deal is a testament to our expertise and commitment, our Loan Officers stand at the forefront, navigating complexities with finesse and ensuring dreams become realities for our clients. 💪💼 To all the Loan Officers out there: your role is pivotal. You are the architects of dreams, the facilitators of aspirations, and the guardians of financial well-being. Your dedication doesn't just secure loans; it paves the path for futures bright with possibilities. ✨🏡 In the face of challenges, you rise. In the pursuit of excellence, you lead. And in every interaction, you exemplify integrity and professionalism. Your impact extends far beyond numbers; it touches lives, builds futures, and fosters communities. 🤝💼 So, let's keep pushing boundaries, exceeding expectations, and empowering dreams. Together, we'll continue to redefine possibilities and shape a future where every aspiration finds its footing. 💫💼 To all Loan Officers in the Broker Market: Your resilience, dedication, and passion fuel our industry's growth. Keep shining bright! And remember, Rocket Pro TPO is your trusted partner in the broker community, supporting your endeavors every step of the way. #LoanOfficers #BrokerMarket #Finance #Motivation #DreamBuilders #Empowerment #RocketProTPO
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