Banking News

Top Online Tax Return Software Programs for 2009

Top Online Tax Return Software Programs for 2009

Tax season is fast approaching, and with all of the financial troubles of last year, your tax filings may be more confusing than usual.  

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Mark Your Calendars: Federal Banking Holiday Schedule for 2009-2010

Mark Your Calendars: Federal Banking Holiday Schedule for 2009-2010

Don't let the holiday season find you unexpectedly locked out of your bank this year.  

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California Ups Its Withholding Tax Rate

California Ups Its Withholding Tax Rate

For many people living in California it must be very hard to get by, considering that the state has one of the highest foreclosure percentages

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Should You Really Cut Up That Credit Card?

Should You Really Cut Up That Credit Card?

We have found that many big lenders, facing rising defaults and new regulation that would hurt profit, have started introducing ways to offset loss of revenue from consumers.

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A Much Needed Break: Senate Extends Lifeline for the Jobless, Tax Credit for Home Buyers

A Much Needed Break: Senate Extends Lifeline for the Jobless, Tax Credit for Home Buyers

Three million jobs for fifteen million unemployed? Realizing just how bleak the employment prospects are for the more than fifteen million jobless individuals with 7,000 more added everyday

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Goldman Sachs and Warren Buffet Partner Up in Bid for Fannie Mae Tax Credits

Goldman Sachs and Warren Buffet Partner Up in Bid for Fannie Mae Tax Credits

If you think you have a lot of taxes to pay this year, think of how much money giants like Goldman Sachs and Berkshire Hathaway have to shovel out this November in federal taxes.  

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The FDIC Recognizes the Value of Prudent Commercial Real Estate (CRE) Workouts

The FDIC Recognizes the Value of Prudent Commercial Real Estate (CRE) Workouts

To meet their business needs, it is necessary for financial institutions to make credit risk level classifications (loan grading) in order to perform effective risk management and to meet their legal obligations.

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FDIC Chairman Sheila Bair Lectures on the The Financial Crisis at Kansas State University

FDIC Chairman Sheila Bair Lectures on the The Financial Crisis at Kansas State University

Chairman Bair made remarks on the financial crisis in a speech to students at Kansas State University

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States Hit By Foreclosures Could Sue Banks for Consumer Fraud

States Hit By Foreclosures Could Sue Banks for Consumer Fraud

Banks who refuse to modify bad loans or stop the avalanche or foreclosures that have swept the US in the last few months may have something more substantial than federal regulators to worry about.  

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Is the FDIC Doing All That It Can to Save Banks?

Is the FDIC Doing All That It Can to Save Banks?

This past week the total number of failed banks in 2009 hit 115, with 9 banks failing in a single day on Friday.  

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