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Banner Corporation BANR

Financial Services Banks - Global
Banner Corporation operates as the bank holding company for Banner Bank that engages in the provision of commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans. The company also provides commercial real estate loans, including owner-occupied, investment properties, and multifamily residential real estate loans; one- to four-family residential real estate lending; construction, land, and land development loans; commercial business loans; agricultural lending; consumer and other loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts; and loan solicitation and pro...


NDAQ:BANR - Post by User

Banner Corporation
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  • sunghueX
Comment by sunghueon Feb 02, 2010 10:52pm
283 Views
Post# 16746452

RE: Once iInterest rate raised by USG

RE: Once iInterest rate raised by USGhi all,

how's thing? looks like not much movement by BANR.
Happy to see it holding at 2.90ish.

I think i have an answer to the interest rate question.
if interest rate begins to increase, in the short term it will affect all the banks however, banks net interest margin income will increase. The increase in interest rate will be passed on to the consumer at the end of the day. If central bank do increase interest rate then thats actually a good sign the the economy is recovering.
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