The Banker Next Door

Episode 345: The Industrial Loan Company (ILC) Charter is back!

This episode examines a recent article from Bank Director titled “Companies Brush Off Plans for Industrial Banks” and an article form Investopedia titled “Industrial Banks or Loan Companies: Overview and Criticism.” The Industrial Loan Company Charter or ILC is a type of banking charter that is known as a “loophole” in the industry. The ILC charter has been heavily criticized for many years and continues to rear its ugly head from time to time. With the recent announcements by several motor vehicle companies seeking to attain an ILC, the topic has returned to center stage once again. Links to both articles are included below.  
Link: Industrial Banks or Loan Companies: Overview and Criticism
Link: Companies Brush Off Plans for Industrial Banks  | Bank Director

Episode 344: What is the cost for banks to manage physical cash?

This episode examines a recent blog post from PCBB titled “Cashing out on managing physical cash.” Managing physical cash for banks can be very expensive. Banks must maintain counting machines, vaults, trained staff, and security. What strategies can bank’s use to cost-effectively handle physical money? A link to the blog post is included below.
Link: Cashing Out on Managing Physical Cash

Episode 343: Can Congress jump start De Novo bank activity?

This episode examines a recent blog post from PCBB titled “New Bank Formation May Get a Boost from Congress” and multiple articles on De Novo activity from S&P Global Market Intelligence (subscription required). De Novo bank activity in recent years has been dead and the reason for that is primarily a regulatory one. De Novo activity has been muted since the great recession from 2007-2009. What do the numbers tell us over the last few years and what can Congress due to help the situation? Getting De Novo banks going again is critical for the future of banking. A link to the PCBB blog post is included below.  
Link: New Bank Formation May Get a Boost from Congress

Episode 342: Consumers lost $5.7 Billion to investment scams in 2024!

This episode examines new data released by the Federal Trade Commission (FTC) on consumer scams for 2024. The official press release is titled “New FTC data show a big jump in reported losses to fraud to $12.5 billion in 2024: Consumers reported losing the most to investment scams at $5.7 billion.” The top 5 scams included imposters, online shopping, job opportunities, investments, and internet services. Young people between the ages of 20 to 29 were the most heavily targeted. Links to the press release and an info graphic are included below.
Link: New FTC Data Show a Big Jump in Reported Losses to Fraud to $12.5 Billion in 2024 | Federal Trade Commission
Link: csn-scammy-snapshot-2024.png (1700×2200)

BND: Strategy Room 3-14-2025

The Banker Next Door (BND) weekly live stream show. Strategy Room provides financial news, commentary, top stories in the business world, economic indicators, and all things banking for the week.

Episode 341: Tariffs and the U.S. Trade Deficit

This episode takes a deep dive into tariffs and the U.S. trade deficit. What are tariffs? How does the U.S. trade deficit play into the tariffs that are being instituted? Are tariffs really a bad thing? Finally, will our economy be dramatically disrupted by the tariffs?  

Episode 340: Crypto summit and strategic reserve (Crypto Series Part XVII)

This is part 17 of the crypto series. In this episode we review recent crypto related stories including the first ever White House Crypto Summit, the creation of a strategic cryptocurrency reserve, and who are some of the key players from the crypto world trying to influence the government’s role in crypto and ultimately the regulation to come.

Episode 339: Community Bank CEO Outlook for 2025

This episode examines an article from Independent Banker Magazine titled “2025 Community Bank CEO Outlook: Balancing Between Deposits and Loans.” This article is based on a survey that is performed by Independent Banker every three years. The purpose of the survey is to ascertain how community bank CEOs are feeling about the current banking environment. Some of the topics discussed include raising deposits, loans, marketing, differentiation, treasury management, and new technology. A link to the article is included below.   
Link:  2025 Community Bank CEO Outlook: Balancing Between Deposits and Loans

Episode 338: Is private equity good or bad for small businesses?

This episode examines three articles from CNBC, S&P Global Market Intelligence, and The Business Journals (subscriptions required). The CNBC article is titled “How private equity played a role in Red Lobster and TGI Fridays bankruptcies.” The Business Journal article is titled “Where private-equity firms invested billions into small businesses in 2024.” The S&P Global article is titled “Private equity deals in asset management sector hit 3-year high.” The three articles are used to provide the audience with a better understanding of how private equity is investing money in small businesses and whether those outcomes are beneficial.

Episode 337: How can community banks compete against nonbank lenders in CRE?

This episode examines a two-part blog post from PCBB titled “CRE Lending Pt. 1 – Nonbanks fill gaps, not expectations” and “CRE Lending Pt. 2 – Strategies to compete with Nonbank lenders.” What is the growing role of private nonbank lenders in CRE? Do borrowers have frustrations with nonbank lenders? What can banks do to compete and win? Links to both blog posts are included below.
Link: CRE Lending Pt. 1 — Nonbanks Fill Gaps, Not Expectations
Link: CRE Lending Pt. 2 — Strategies To Compete with Nonbank Lenders