Receive up to 20% OFF when you shop at Bank of America Mall
Bank of America recently offered some discounts on shopping at the Bank of America Mall™: * Special offers from retailers such as Target.com, BestBuy.com, Macys.com, Barnes & Noble.com, and PetSmart.com * Once you register you’ll have access to these special offers To get access you must: * Have a Bank of America checking account with a check card OR a Bank of America credit card account and, * Be enrolled in Free Online Banking service Learn more about this offer click here
Bank Failures: Should You Be Worried?
With the US economy continuing to decline, people are looking for ways to better protect the value of their investments. Money is being shifted from one account to another as consumer confidence continues to erode; people are looking for financial security and stability during the current housing and credit crises. As a consumer should you also be worried about your bank or financial institution closing? An article in the USNews educates and prepares consumer on how to ensure their "money" is secure rather then focus on the chance their bank will fail. Should I be worried about my bank failing? For the most part, the answer is no, partly because it is nearly impossible to spot a failing bank, says banking consultant Bert Ely. "Almost no one should try to figure out whether or not their bank is going to fail. What they should do instead is to make sure their deposits are insured," Click HERE to read the whole article.
Going Green: A New Movement in Banking and Finance
Has your bank recently offered you paperless statements and online banking? Whether you have considered it or not, these are great eco-friendly ways of dealing with your finances; cutting down on waste from paper and greenhouse gases from production and transportation. Many financial institutions have recently taken a step further in their interest in promoting the environment. Just this month, Wells Fargo announced that it would be joining the U.S. Environmental Protection Agency Climate leaders program and adopting The Carbon Principles, becoming the latest addition to a number of banks who have already made the commitment. The Carbon Principles, established earlier this year, were a team effort by financial giants Citigroup, JP Morgan Chase, and Morgan Stanley to assess carbon risk as well as the energy industry's changing needs for future growth and their ability to provide affordable energy. Bank of America has also recently announced that they will financing $2.5 million in a major solar energy project, in conjunction with Borrego Solar Systems, in constructing a solar electric system at one the fastest-growing breweries in the country, Stone Brewing Co. The project is estimated to save the company $3 million in energy costs in just the first five years. This is just one of the many financing projects that Bank of America will be undertaking under their new $20 billion environmental initiative.
iPhone Banking Experience
On friday (July 11) the iPhone 3G became available in the United States and now across the world. With the global release of the iPhone, multiple services are quickly looking at ways to leverage the phone's capabilities. Financial Institutes are no different with many banks introducing iPhone Apps for better mobile banking experiences. So far Bank of America and Kiwi Bank (New Zealand) look to be leading this direction of mobile banking. If you are one of the millions who owns an iPhone, make sure to check with your bank on any application opportunities. Screen captures after the jump.
Small Business Owners Cut Back
Wells Fargo released a press release (June 25 2008) on the current conditions of today's economy and how it has affected our small business owners. The survey found that the economy is affecting small business owners’ spending and savings habits. Half of the business owners surveyed said they’ve postponed a major purchase in the past three months, and nearly as many (44 percent) said they’ve reduced the amount of money they’ve deposited into savings, checking or a CD. Thirty-one percent said they have reduced the amount they have contributed to a retirement account.
Huntington Enters the Mobile Banking Game
This month Huntington bank has joined other banks such as Chase and Bank of America with the launch of their mobile banking application. Existing Huntington Online Banking customers can log in today using their existing username and password at http://mobile.huntington.com and have free* access to: View up-to-the-minute account balances and history on Checking Accounts, Savings Accounts, Lines of Credit and Loans. Transfer funds seamlessly between Huntington accounts. Pay your existing bill pay payees with on-time delivery guaranteed. Find the nearest Huntington location on the go.
