Bank Numbers Falling; M&A Role in Jumbo Biz; Another Credit Union Acquisition

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Posted To: Pipeline Press

Most people hate getting older, but during the month of May getting older is how you get into the party. May is Older Americans Month where it is a time to celebrate those 65 and older through ceremonies, events and public relations. Let’s hear some stats about older Americans; should I increase the font size? Every reverse mortgage lender knows that there are 46.2 million “older Americans” in the United States which compromises 14.5% of the total population. And the population of people 65 and older is projected to more than double by 2060 to 98.2 million. On top of that, 2033 is the first year ever that the population 65 and older would outnumber people younger than 18 in the U.S. FinTech, and non-banks, certainly have been gaining a lot of attention. But there are a lot of changes going…(read more)

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