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Today the 6-Month U.S. Treasuries crossed over 3% for the first time since 2007.

This is what you were explaining to me on our call today! And it makes more and more sense. Neil, you're an outstanding resource for clients (like me) and other members of our Executive Community. And congratulations again on becoming a grandfather!

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John Tyson
CFO;Chief Financial Officer
Altamaha Bank & Trust Company
Vidalia, GA
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Original Message:
Sent: 07-18-2022 22:39
From: Neil Stanley
Subject: Today the 6-Month U.S. Treasuries crossed over 3% for the first time since 2007.

Winners and losers will be determined in banking as opportunity cost moves from a theoretical construct into the daily reality for financial institutions as some continue to seek to opt-out of the rate hikes while others will be more than happy to take those burdensome deposits away at highly profitable spreads to riskless investments.

Bankers without a strategy to manage profits which is a combination of spreads and volumes will be punished. Maximizing deposit spreads never has and never will maximize profit!

US Treasury Rates for July 2022


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Neil Stanley
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