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.
First Tennessee $150 Bonus Opportunity – Tennessee Only
From now until December 31, 2009, First Tennessee is offering consumers an opportunity to earn $150 in bonuses when they open a new checking account and set up online bill payment.
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
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.
$100 Off Your Allstate Auto Insurance Deductible
Much like the banking industry, consumers are always looking for a better option to save money. When it comes to auto insurance, we think this mentality to switch is even more active than it is with 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.
The Top 6 Luxury Credit Cards For The Wealthy
Nowadays, the wealth of a person is not evident through the watch around his wrist, the tie around his neck or the shoes on his feet, but by the plastic in his wallet. A credit card often represents a person's spending ability and credit history.
Who Will Fill The Gap When ING Direct Closes?
ING Group, the Dutch-based parent company of ING Direct, announced this past week that it intends to scale back its US operations by 2013, stating that it would like to instead focus primarily on its European market.
Everbank Acquires Tygris, Increases Growth Capital By $535 Million
With October being a month of failed banks, US Bank was not the only bank making large purchases.
WaMu Branches Successfully Integrated into Chase Banking System
On the conclusion of a 13 month long process, Chase has announced that it has completed the integration of 822 branches of Washington Mutual, the bank that it acquired last September, into its computer systems.
