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Friday, November 9, 2018 |
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MANAGING DIRECTOR: |
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US Treasury Market |
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| Date | 1 mo | 3 mo | 6 mo | 1 yr | 2 yr | 3 yr | 5 yr | 7 yr | 10 yr | 20 yr | 30 yr |
| 11/2/18 | 2.19 | 2.33 | 2.50 | 2.70 | 2.91 | 2.98 | 3.04 | 3.13 | 3.22 | 3.37 | 3.46 |
| 11/5/18 | 2.20 | 2.36 | 2.51 | 2.71 | 2.91 | 2.99 | 3.03 | 3.12 | 3.20 | 3.34 | 3.43 |
| 11/6/18 | 2.23 | 2.35 | 2.52 | 2.72 | 2.93 | 3.01 | 3.05 | 3.14 | 3.22 | 3.35 | 3.43 |
| 11/7/18 | 2.23 | 2.37 | 2.51 | 2.74 | 2.96 | 3.03 | 3.07 | 3.15 | 3.22 | 3.35 | 3.43 |
| 11/8/18 | 2.21 | 2.35 | 2.52 | 2.74 | 2.98 | 3.05 | 3.09 | 3.17 | 3.24 | 3.36 | 3.43 |
Source: U.S. Department of the Treasury, as of 11/8/2018
Majority of Americans Struggling with Finances
Is your community bank looking for ways to increase the spectrum of financial services to customers?
Consider the summary of results in the U.S. Financial Health Pulse report, by the Center of Financial Services Innovation, which can be found in the ABA Newsbytes published November 1, 2018.
SURVEYS
Study: Majority of Americans Struggling with Finances
Just 28 percent of Americans -- approximately 70 million people -- are financially healthy, according to the Center for Financial Services Innovation’s inaugural U.S. Financial Health Pulse report released yesterday. Fifty-five percent of Americans were classified as “financially coping,” struggling with some but not all aspects of their financial lives -- such as spending less than they earn, saving, paying bills on time, and managing existing debt -- while 17 percent were considered “financially vulnerable,” struggling in all or nearly all areas.
Almost half of the survey respondents -- 47 percent -- said their spending equaled or exceeded their income over the past 12 months, and one in four said that they turned to credit to make ends meet. Forty-five percent said they did not have enough money saved to cover at least three months of living expenses, and 37 percent said they did not feel they were on track to meet their long-term financial goals. However, many said they were making an effort to plan ahead for expenses; almost half used a budget to track spending, and 41 percent reported having an emergency savings account.
One financial service for a community bank to offer is life insurance. The question often asked by management is How?
Wheatland Advisors offers you a platform called Safenet®. It will bring everything you need to deliver excellent service. If you are interested in exploring this opportunity to serve your customers in 2019, contact me at
913 909 5818 or at mstrickland@countryclubbank.com.
Is your community bank looking for ways to increase the spectrum of financial services to customers?
Consider the summary of results in the U.S. Financial Health Pulse report, by the Center of Financial Services Innovation, which can be found in the ABA Newsbytes published November 1, 2018.
SURVEYS
Study: Majority of Americans Struggling with Finances
Just 28 percent of Americans -- approximately 70 million people -- are financially healthy, according to the Center for Financial Services Innovation’s inaugural U.S. Financial Health Pulse report released yesterday. Fifty-five percent of Americans were classified as “financially coping,” struggling with some but not all aspects of their financial lives -- such as spending less than they earn, saving, paying bills on time, and managing existing debt -- while 17 percent were considered “financially vulnerable,” struggling in all or nearly all areas.
Almost half of the survey respondents -- 47 percent -- said their spending equaled or exceeded their income over the past 12 months, and one in four said that they turned to credit to make ends meet. Forty-five percent said they did not have enough money saved to cover at least three months of living expenses, and 37 percent said they did not feel they were on track to meet their long-term financial goals. However, many said they were making an effort to plan ahead for expenses; almost half used a budget to track spending, and 41 percent reported having an emergency savings account.
One financial service for a community bank to offer is life insurance. The question often asked by management is How?
Wheatland Advisors offers you a platform called Safenet®. It will bring everything you need to deliver excellent service. If you are interested in exploring this opportunity to serve your customers in 2019, contact me at
913 909 5818 or at mstrickland@countryclubbank.com.
This information is intended for institutional investors only. The material provided in this document/presentation is for informational purposes only and is intended solely for private use. Past performance is not indicative of future results. This material is not intended as an offer or solicitation for the purchase or sale of any financial instruments.
•Not FDIC Insured •No Bank Guarantee •May Lose Value