Online vs. Branch Based Banking: The Debate Continues with New Study by Mintel Comperemedia
We have published a few articles now citing a certain American Banking Association (ABA) survey which shows that online banking has surpassed traditional, branch based banking in consumer preference (you can read one of those articles here).
ATMs – the Convenience and the Cost
The substantial increase in the number of ATMs over the last quarter of a century has created a situation where you are never usually far away from a bank, shopping center, gas station or some other convenient location where you can easily withdraw cash from your bank account;
Image-scanning, Envelope-free ATMs Provide Unparalleled Banking Convenience
It was in 2002 when Wells Fargo Banks rolled out the first models of image-scanning, envelope-free ATMs. For Bank of America, 2006 was when it started to offer this service. JP Morgan Chase is also currently in the process of installing these cutting-edge technology ATMs, as are some smaller banks such as the Westbound Bank, an 18-month old Houston-based bank.
How to Save a Bundle by Avoiding ATM Fees and Other Bank Charges
Having to pay for ATM fees and other unwanted bank charges can take the pleasure out of having gotten a really good rate for your savings. With bank interest rates as low as they are now, you could end up paying the bank more than what you are actually getting from your account. Not a very smart deal there.
The Top 10 Features Consumers Look for in a Bank
In these times of economic crisis and growing difficulties in the personal finances of many Americans, banking has taken on a completely different meaning for many.
Even while consumers still look for the traditional features that have made them stay with certain banks and shy away from others, people are also now more conscious of the value of saving up and are bent on getting the most out of their hard-earned money – right up to the last cent.
Making the Most of Your Money through Online Banking
The word is out: online banking is in. Online banking has gained widespread usage over the years with the ubiquity of the internet, allowing the average consumer to find out for himself just how much more convenient banking could be with the onset of this time-saving, paperless manner of transacting with one’s bank.
Other than seeing your favorite teller’s welcoming smile across the counter, more individuals have found fewer reasons to stick with traditional banking as online banks have also taken longer leaps in making internet banking, as it is also called, a simpler, more expedient option to managing one’s finances.
Free Checking Account: Just How Free Is It?
What does it Offer? Just about everyone needs a checking account when they reach adulthood. And free checking accounts seem to be everyone’s preference because of its perceived “no strings attached” feature. There are no monthly charges and no minimum maintaining balance required. You can keep your balance as low as you like without incurring penalty fees. However, is the free checking account really free? Many people seem to think it is but if when you analyze it deeper, it would appear that “free” checking accounts are not so free after all.
Merrill Lynch, Morgan Stanley Battle Independent Brokerages For Wealthy Investors
U.S. Bank Acquires FBOP Corporation’s 9 Failed Banking Subsidiaries
Assessing the Impact of the FDIC’s Temporary Liquidity Guarantee Program
FDIC Chairman Shelia Bair on The State of American Banking – Summary and Analysis
Citibank Credit Card Interest Skyrockets In Anticipation of Federal Regulation
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
