Amboy Direct Money Market Maximizer $50 Bonus
Amboy Direct has a $50 bonus offer for anyone who signs up for their Money Market Maximizer Account and maintains a balance of $30,000 for 90 days. If you do not have at least $30,000 which can be held onto for 90days, then this deal is not for you. Even though the promopage highlights that you only need $100 to open the account, this balance will get you nothing.
Survey Says: Customers Happy with Online Banking
It appears that despite mortgage troubles and skyrocketing credit card rates, surprisingly enough, customers are not totally immune to the so-called "charms" of the banking industry. The banks' most potent weapon? Online banking.
Obama Looks to Get Rid of “Fine Print” in Credit Cards
In response to consumers' growing frustration over skyrocketing credit card interest rates and hidden fees, Pres. Barack Obama vowed that he would come up with a credit card law that would protect consumers from the fine print that have become a source of anxiety and anger of credit card users.
$100 bonus when you open a Free Checking account with USAA Bank
For those eligible to open an account with USAA Bank, now maybe a good time to do so. Now till 5/31/2009 anyone who opens a Free Checking account with direct deposit will receive a $100 bonus in December 2009. As with most promo offers current USAA checking account customers don't qualify, and those who do must be eligible for USAA property and casualty insurance. You can open an account online, just make sure to include the offer code CEO 100.
Earn $100 Cash Bonus at Sovereign Bank
Sovereign Bank is giving away $100 bonus if you switch to Sovereign and open either a Sovereign Premier Checking or a Sovereign Interest Checking by May 22, 2009 with the standard account opening minimum amount of $10.
The ABC’s of Money: How to Teach Your Kids the Value of Saving
If there's one lesson that can be learned from these hard times, it's that we should know how to save for a rainy day. And who better to impart these valuable lessons on money than to the very individuals who will one day be benefiting from what little (or much) we have? Our kids, of course.
Bernanke: After-Effects of the Economic Crisis will be Long-Lasting
Despite the Federal Reserve's forecast that the economy will even out by the end of 2009 and most likely start its recovery by 2010, Fed Reserve Chairman said that the US economic crisis will have a long-term impact on consumer wealth, home prices, and credit scores. According to him, "The damage from this turn in the credit cycle – in terms of lost wealth, lost homes, and credit scores – is likely to be long-lasting."
Better-than-Expected Q1 Results: Chase Profits $2.14B, Citigroup Posts Lowest Loss Since 2007
In what is turning out to be a surprising yet extremely welcome trend in the banking industry, two of the country's biggest banks which have recently released their first quarter results, have also performed better than financial experts' expectations.
Bank of America Earns $2.81B for Q1 but Bank Stocks Plunge
Following other big banks' better-than-expected results revealed the past week, banking giant Bank of America posts a $2.81 billion income for the 1st quarter of 2009 after paying preferred dividends, or 44 cents per share. This overshoots analysts' forecast of 4 cents per share.
A Roundup of the Best Rates for the Week
Despite the big banks' surprisingly solid first quarter performances that were reported over the past week or two, many banks are still struggling to overcome the effects of the economic downturn. In fact, just last Friday April 17th 2009, two more banks went into the receivership of the FDIC. This brings the number of failed banks for the year to a total of 25 – the total number for last year (2008). While the public's growing optimism and hopes of the economy bottoming are all good news, so far it hasn't quite translated yet to an ease in the bank failures that continue to threaten the smaller banks.
Merrill Lynch, Morgan Stanley Battle Independent Brokerages For Wealthy Investors
U.S. Bank Acquires FBOP Corporation’s 9 Failed Banking Subsidiaries
First Premier Bank Offer Credit Card with 79.9% APR…Wait, What?
Assessing the Impact of the FDIC’s Temporary Liquidity Guarantee Program
FDIC Chairman Shelia Bair on The State of American Banking – Summary and Analysis
Commerce Bank of Southwest Florida Fails, Becomes 123 Bank to Close in 2009
ING Direct Black Friday Special: Save ‘Til You Drop
Savers Left With Fewer Options as Hudson City Savings Lowers Top CD Rates
Wells Fargo Settles $1.4 Billion Lawsuit Regarding Auction-Rate Securities
‘Too Big To Fail’ Firms May Be Broken Down To Smaller Size
