New Programs Give Unbanked Population A Second Chance
A study conducted by the Pew Charitable Trust found that consumers who cash checks outside of banks each spend an estimated $1,042 a year on fees.
What to Do If Your Bank Fails
With so many banks failing this year (115 as of last Friday) and with predictions that the rate will not likely slow for at least the next few years, people are starting to wonder if maybe their bank will be next.
Wall Street “Banks” Need To Be Redefined, Says Chairwoman of FDIC Sheila C. Bair
If you were ever unclear about the difference between a company like Goldman Sachs and, say, Bank of America, don't worry; so was chairwoman of the FDIC Sheila C. Bair
Mobile Banking May Replace Your Local Branch
According to Aite Group LLC, the number of banks in the U.S. offering mobile banking is expected to increase to 614 in 2009 compared to 245 in 2008. Banks have begun to adopt mobile banking technology after overcoming fears of low return-on-investment and risks of investing in perpetually changing technology.
It’s Tough Times, But Your Local Bank Might Have an Advantage
With all of the new rules that have been placed on large holding companies in the last few months, the traditional advantage experienced by larger banks has been shrinking.
The 2009 Banking Playoffs: Best Sports Stadium Sponsorships
Ok, so you've probably heard of TD Garden and Citi Field, and can assume that TD Bank and Citigroup paid a lot of money to have their names associated with those two stadiums.
Bank of America to Reduce Branch Network as More Costumers Go Online, Mobile
Bank of America, the country's largest bank, earlier this week revealed plans to reduce its number of branches over the next three to five years.
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.
Fifth Third Bank Launches $250,000 Sweepstakes
Fifth Third Bank is pleased to announce the launch of its Unlock Your Dreams* sweepstakes, which will award nearly $900,000 in sweepstakes and scratch off prizes. To participate, customers and non-customers alike may visit any of Fifth Third Bank’s nearly 1,300 branch locations between September 2, 2008 and October 31, 2008 to obtain a game piece. The game piece will reveal one of many instant offers including:ne-year term at the BAFT board of directors meeting in Washington, D.C. $10 MasterCard® Gift Card (no purchase necessary) 5,000 Bonus Rewards Points with a new Visa Signature Credit Card $50 deposit into a new Goal Setter Savings $50 off Direct Loan closing costs (excludes Fifth Third Equity Flexline) 5,300 Bonus Rewards Points with a new Fifth Third Equity Flexline $50 off Mortgage Loan Application Fee Additionally, each game piece will have a “code” that the participant can use to register online at 53unlockyourdreams.com for a chance to win the grand prize of $250,000 or one of 22 local $10,000 regional prizes distributed throughout the Bank’s 12-state footprint.
Bank of America Huddles NFL Fans and Challenges Them To Now Prove It
As the Official Bank of the National Football League, Bank of America is celebrating the 2008 season kick-off by issuing the Now Prove It™ challenge to fans in some of the most passionate football cities in the country. The Now Prove It challenge, taking place in the hometowns of the Carolina Panthers®, Dallas Cowboys®, New England Patriots® and Washington Redskins®, will test the limits of fans' loyalty in each of these four markets as they attempt to outlast fellow competitors by maintaining contact to a giant 20-foot inflatable team jersey. The last fan standing will be honored as their team's most dedicated supporter and win a pair of tickets to every 2008 regular season home game of their favorite team. Read full article here
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
