With the last Friday for this year being a holiday, it looks like 140 will be the total number of bank failures for this year.

If Congress can successfully pass its latest credit card legislation, it looks like there's more trouble brewing ahead for banks and credit card companies.

We've discovered some great news for banking consumers in Delaware this week who are looking to a high interest, low term CD rate.

President Barack Obama is set to convene with the top executives of the country's largest banks Monday to ask them to support the government's efforts to tighten the financial industry.

According to a report by UCLA group Anderson Forecast released last Wednesday, the US will continue to see low interest rates and high unemployment as the economy recovers modestly in 2010.

A federal report released last Friday shows that the unemployment rate surprisingly dipped from 10.2% in October to 10% last month, fueling optimism for a sustained economic recovery.

Significant developments hit the banking industry this week.

The pace of job losses continues to slow down a bit with the number of unemployed workers filing new applications for insurance falling to the lowest level in 14 months.

Last week was Thanksgiving week and FDIC officials took a break from shutting down banks, giving some troubled institutions something to thank about.

Black Friday officially kicks off the holiday shopping season and on this day, incredible deals, mall-wide sales, and huge discounts are available for just about every conceivable item out there from toys to HD TVs, socks to gadgets.