The Federal Reserve defines community banks as those with less than $10 billion in assets and regional banks with total assets between $10 billion and $100 billion. Any bank with combined assets of $100 billion or more is considered a large financial institution.
Stricter regulations are creating a competitive landscape that favors larger banks. The rising costs of implementing new technology, such as cybersecurity measures and digital platforms, can be a significant burden for smaller institutions, making it difficult for them to keep pace with their larger competitors.
The U.S. banking landscape is increasingly dominated by a handful of massive financial institutions. The following top 10 banks by asset size illustrate this trend:
The 2023 banking crisis was primarily caused by a combination of rising interest rates and banks' risky investments in cryptocurrency-related businesses.
Several major banks, including Silicon Valley Bank and Signature Bank, failed during this crisis. These failures were among the largest in U.S. banking history
The form has been successfully submitted.
We will contact you by the email
Our team will contact you soon!
We will review and publish your platform soon!
Thank you for joining us. See you later!
Your payment was processed successfully. Congratulations!
You have cancelled the payment process.
This popup does not exist. I'm sorry.