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May 17, 2024

IntraFi Named Best Place to Work by American Banker, Washington Business Journal

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For the seventh consecutive year, IntraFi was named as a top fintech to work for by American Banker, according to the 2024 survey released last week. IntraFi also ranked No. 12 in the Washington Business Journal’s large company category for best places to work in greater Washington.

IntraFi
May 1, 2024

Community Banks See Competitive Impact from Overdraft Plan Despite Exemption, Survey Finds

Banking

Fifty-eight percent of bankers would take action to reduce costs or increase revenue elsewhere even if exempt under a new regulatory proposal to restrict overdraft fees, according to a survey of nearly 500 financial executives released today.

IntraFi
April 24, 2024

Bank executives concerned over CFPB overdraft fee proposal

Banking

Community bankers are concerned over the Consumer Financial Protection Bureau’s plan to lower overdraft fees, according to IntraFi’s business outlook survey of CEOs, presidents, CFOs and chief operating officers from nearly 500 banks.

March 27, 2024

The best way to keep your bank deposits safe, liquid and local

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Uninsured deposits are risky for both banks and their customers. That was never more apparent than last spring when Silicon Valley Bank (SVB) failed after depositors pulled $42 billion over a few hours. That day – March 10, 2023 – prompted many companies nationwide to question whether their bank deposits were safe. “Up to that point, we didn’t pay much attention” to deposit insurance, recalled John Clark, the president and CEO of Masterclock, a global manufacturer of accurate time and frequency products based in St. Charles, Missouri. “You assume that by putting money in the bank, you are protecting it, but SVB proved that’s not always the case.”

March 13, 2024

Emmer defends GOP push to block a digital dollar

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Speaking on IntraFi’s Banking with Interest podcast, Emmer defended a recently renewed push from congressional Republicans to ban the Federal Reserve from creating a digital currency. Officials including Chair Jay Powell have said repeatedly that the U.S. central bank would wait for congressional authorization. Emmer’s not buying it, telling IntraFi’s Rob Blackwell: “There was a presentation at the beginning of this Congress by the Fed for staff where they showed what their primary responsibilities were, and I think there were four or five of them. Number five was a central bank digital currency."

Punchbowl News
February 28, 2024

Simplify your banking relationships while getting all the deposit insurance you need

Deposits
Large Deposit Safety
Banking

When the banking system seems shaky, people and organizations start questioning how safe their deposits truly are. This was never more true than last year when Silicon Valley Bank abruptly collapsed, leaving depositors to wonder when or if they’d get access to their money. “You cannot un-live SVB. There were two weeks there when I wasn’t sure if I was going to lose my company,” recalls Russell Franks, co-founder and president of PredictAP, a fin-tech start-up in Boston. “We were a customer of SVB and lost access to our money.”

February 6, 2024

Banker Optimism Rises Despite Fears on Margins, Deposit Competition

Banking
Interest Rates
Loan Growth
Deposit Competition

The squeeze on interest rate margins and the fierce competition for deposits are the biggest issues facing bankers right now, according to a survey released Tuesday of more than 500 institutions.

January 11, 2024

Simplify your banking relationships: Get the deposit insurance you need

Banking
Large Deposit Safety
Deposits

Many of us can remember a panicky moment when we wondered if our bank deposits were safe. For lots of people, that day came last spring when Silicon Valley Bank collapsed, leaving $150 billion of deposits uninsured and in danger. Others might have had this wake-up call during the 2008 financial crisis when truly nothing seemed normal.

Biz Journals
January 11, 2024

What does everyone want from their bank? Security.

Large Deposit Safety
Banking

Whether you run a business, a nonprofit or even a town or a city, you want confidence that your bank deposits are safe. What if you could get that certainty with a simple product that pays a competitive rate and keeps the funds both liquid and local? It’s not too good to be true. Three thousand banks, including American National Bank, belong to a network created by IntraFi to provide this protection through reciprocal deposit products.

Omaha
December 29, 2023

How three Colorado bankers used a decades-old solution to maintain their deposits

Banking
Deposits
Reciprocal Deposits

Following the failures of Silicon Valley Bank, Signature Bank and others, the general public started paying closer attention to uninsured deposits, said Scott Wylie, CEO and chairman of Denver-based First Western Trust. It has since become even more important to provide a sense of security to the customer that the same can't and won't happen to Colorado banks.

Denver Business Journal
November 15, 2023

Discover how to protect your deposits while helping the community

Deposits
Large Deposit Safety

As treasurer of the Jackson Hole Children’s Museum, Brendan McDermott has three priorities: keep the nonprofit’s money safe, keep it liquid and make sure it earns a good return. Federal deposit insurance only covers the first $250,000, and the museum could open accounts at multiple banks to expand its coverage.

Buckrail
November 6, 2023

Get access to additional deposit insurance while doing good

Deposits
Large Deposit Safety

Safeguarding your company’s payroll—or your nonprofit’s donations or your town’s tax revenue—is table stakes for CFOs. But you can access insurance on larger deposits while also ensuring the money is reinvested locally, creating jobs and fueling the economy.

CFO Dive
October 31, 2023

IntraFi provides additional deposit insurance, helping financial institutions

Large Deposit Safety
Deposits
Banking
Reciprocal Deposits

Recent bank failures have highlighted the importance of deposit insurance. The FDIC insures deposits up to $250,000 at FDIC-insured banks. IntraFi provides reciprocal deposit solutions that enable customers to access insurance on deposit balances greater than $250,000. Increased deposit insurance allows community banks to grow and retain more deposits, expanding community lending opportunities.

Card Rates
October 26, 2023

Smaller banks to score from large lenders’ high capital requirements – Survey

Banking

Forthcoming heightened capital requirements for large banks should benefit community and regional banks more than fintechs.

S&P Global
October 25, 2023

Amid soaring interest rates, bankers are downbeat on loan demand: Survey

Banking
Interest Rates
Loan Growth

The prospect that interest rates won't fall until late next year — or even 2025 — may be dampening bankers' expectations about loan growth.

American Banker
August 25, 2023

How banks can combat deposit insurance disruption

Banking
Deposits

Following the failures of Silicon Valley Bank and Signature Bank, community banks look to alternative deposit insurance options.

Independent Banker
July 26, 2023

Community bankers pessimistic about 'soft landing' for economy

Banking
Recession

Many community bankers aren't buying the narrative that the United States will avoid a recession, according to a new survey from IntraFi.

American Banker
June 16, 2023

Washington Post Names IntraFi a 'Top Place to Work' in 2023

Best Place to Work

Thanks to overwhelmingly positive employee feedback, the Washington Post once again included IntraFi on its annual list of top midsize companies to work for in the D.C. area.

Washington Post
June 5, 2023

Best Places to Work in Fintech 2023

Banking
Best Place to Work
Fintech

For the fifth year running, American Banker included IntraFi in its list of 50 Best Places to Work in Fintech.

American Banker
May 3, 2023

Small Banks Did Not See Disruption Following Recent SVB, Signature Failures

Banking
Deposits

Most community banks experienced little residual fallout from the failures of Silicon Valley Bank and Signature Bank, according to a new survey released today by fintech IntraFi.

IntraFi
May 2, 2023

Bank executives say recent failures had limited deposit impact

Banking
Deposits

BankBeat summarizes findings from IntraFi's recent Bank Executive Business Outlook Survey, where 77 percent of executives surveyed said they saw no significant shifts in deposits following the failures of SVB and Signature Bank.

BankBeat
May 1, 2023

Spooked by Bank Failures? Minimize the Impact to Your Business

Deposits
Banking

“If your business’s deposits far exceed the $250,000 cap, consider a bank that …offers two key services: ICS and CDARS,” suggests NerdWallet.

Nerd Wallet
May 1, 2023

How to insure bank deposits beyond the FDIC limit

Deposits
Banking

Business Insider examines a variety of ways depositors can protect their funds, including banking with institutions in the IntraFi network.

Business Insider
April 26, 2023

After last month's turmoil, many banks saw little deposit movement

Banking
Deposits

IntraFi's latest bank executive survey confirms the failure of Silicon Valley Bank generated widespread worries, but little deposit outflow, reports American Banker.

Live Articles
April 11, 2023

Appetite for expanded FDIC insurance is strong. Will it last?

Banking
Deposits

American Banker looks at the heightened interest in enhanced FDIC in the wake of the SVB and Signature Bank failures.

Live Articles
April 1, 2023

The New York Times: How Small Businesses Can Find Safety Before the Next Bank Crisis

Banking
Deposits

The New York Times examines a variety of options - including banking with a IntraFi network bank - entrepreneurs can consider to safeguard their money.

New York Times
March 27, 2023

How experts say you can have more of your deposits insured

Banking
Deposits

Following the SVB and Signatures failures, CNBC offers an overview of steps depositors can take to make sure their cash holdings are covered by FDIC insurance.

CNBC
March 23, 2023

Bloomberg: How to Keep Corporate Accounts Safe Amid Bank Collapse Jitters

Banking

Bloomberg looks at some little-used tools corporate treasury execs can set up to effectively manage cash reserves and maximize FDIC insurance using IntraFi more efficiently.

Bloomberg
March 21, 2023

Regional Banks and Regulators Try to Soothe Depositors’ Fears

Banking
Deposits

The New York Times looks at how small and midsize banks fared following the collapse of SVB, and how IntraFi helped soothe depositor anxiety.

New York Times
March 19, 2023

How the FDIC Keeps US Banks Stable

Banking

The Voice of America looks at the history of The Federal Deposit Insurance Corp. and the role it plays in securing the U.S. banking system.

VOA News

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