The most sweeping financial reorganization plan since the 1930's is expected to the unveiled this Wednesday and the Obama administration is preparing to slug it out with the nation’s largest banks. With so much money at stake, the proposed reforms will not pass without dogged resistance. The reorganization plan will touch on almost every aspect of banking from how exotic financial products are traded to how much interest banks can charge on the consumer’s credit card debts.

ING Direct is welcoming new Orange Savings accountholders with a $25 cash bonus - credited right on the same day the account is opened. Unlike ING Direct's $25 refer-a-friend bonus, this special promo does not require a $250 minimum account opening.

FirstBank is currently running a promo that offers a $50-cash incentive for newly opened personal checking accounts. You can choose from First Bank's Free Checking, Money Market Checking, Premier Checking, and 55-Plus Checking. Unlike other cash bonuses from other banks, FirstBank doesn't require direct deposits to the account for the customer to avail of the bonus.

Passed bank stress tests? Check. Raised enough additional capital? Check. Paid back TARP bailout money? Check. Surely, this bank can now pay out more in salary to its top executives, right? Not quite.

For those who have ample funds in the bank and want a foolproof way of protecting oneself from a mountain of unmanageable debt, the choice is a no-brainer: debit cards are the way to go. But before you go and totally write-off credit cards forever, here are some important truths you should know about using your own money (debit cards) over the bank's free loan (credit cards).

Don't be surprised when you fail to see Citigroup Inc. and even General Motors, for that matter, in the Dow Jones Industrial anymore. The Index has officially replaced Citigroup Inc. with Travelers last June 8, 2009. Since the latter part of last year, the shares of the bank have taken a severe beating. From mid-January onwards, Citigroup’s shares were trading below the $5 level. It had even dipped to as low as 97cents after huge losses were announced on March 5 and the government had to step in.

The U.S. Department of the Treasury announced today that 10 of the largest U.S. financial institutions participating in the Capital Purchase Program (CPP) have met the requirements for repayment established by the primary federal banking supervisors. Treasury has notified the institutions that they are now eligible to complete the repayment process. If these firms choose to do so, Treasury will receive $68 billion in repayment proceeds.

It seems there is no end to PNC's $75 cash bonuses. This time the incentive is offered to bank customers who choose to "bank green". One way of banking green is to opt for check-free payments by maximizing Online Banking and Bill Pay with a PNC Personal Checking Account. When you do this, you get a $75-reward.

They say that necessity breeds ingenuity, and while the latest methods for conning people out of their hard-earned money could hardly be seen as the most brilliant of ideas, scammers seem to be getting away with it. According to a survey by the Consumer Federation of America (CFA), about one third of the adult American population has been approached by someone trying to pull off some type of fake check scam.

Considering a new bank or currently even thinking of switching to AnchorBank? Well, now may be the time with their new promo offer of $50 to anyone who opens one of their many checking accounts.  This offer has two nice additons, (1) AnchorBank pays our the $50 instantly and (2) Current AnchorBank members who do not already have a checking account can take advantage of this deal as well.  AnchorBank offers three ways to open an account: