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Quarterly Market Review Q3 2020

The economic recovery remained on track through the third quarter as macro data continues to improve and business and consumer confidence gains momentum. The unprecedented level of monetary and fiscal stimulus will continue to backstop economic growth in the foreseeable future.

Following the historic drop in GDP of -31.4% in the second quarter, we are likely to see a huge rebound in the neighborhood of 20-30% for the third quarter. The number of unemployed continued to fall in September with the rate dipping lower to 7.9%. Market returns were positive for the quarter, although less so than the major market rebound in Q2. Read the full report in our latest Quarterly Market Review.

 

 

NOTICE

Access to Online Private Banking is intermittently unavailable; users may not be able to access it at this time. We are working to restore access as soon as possible. If you have questions, please contact us at: 855-257-4149.

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NOTICE

Access to our Remote Deposit Capture system is intermittently unavailable; users may not be able to access it at this time. We are working to restore access as possible. If you have questions, please contact us at:

  1. Wisconsin Region: 608-232-5938
  2. Kansas Region: 913-717-6464

NOTICE

To protect clients and employees, we temporarily suspended courier service. For other deposit needs, please see your client email sent on 3/16/2020 for instructions regarding deposits at your local First Business Bank office.

To set up Mobile Banking, please contact our Treasury Management Support team at 608-232-5938. We will alert you when courier service is available again. Thank you.