Archive for TARP
A study by Brand Finance puts BofA atop the list of most valuable bank brands in the US, at $30.6 billion. Who else made the top 10?
ASB provides account service on Facebook… iPads catching on… Local banks should be growing faster based on their popularity… and 13 other stories.
Here’s what’s been making the news in the financial industry lately. Click on the hotlinked summaries to read the full story. No Ally: Bankers turn on one of their own Jack Those Fees: With all
Bribes: one way to buy deposits National Bank of Kansas City is offering a free $50 Lowe’s Gift Card for opening a personal checking account. TCF Bank just announced their $50 Free Cash Checking Campaign.
Percentage of consumers who have heard something from the financial industry but felt more negative. – Edstrom Worldwide Percentage of consumers who have heard something from the financial industry but felt more positive. – Edstrom
You may have heard that the economy could start its recovery sometime this year. Or maybe you believe that the financial industry’s worst months were back in October and November last year. If so, you
Before last Friday, credit unions had remained fairly immune to the fallout from the financial meltdown. But with the implosion of U.S. Central and WesCorp, credit unions are now knee deep in the economic crisis.
Here are recent stories of interest from around the web. Click on the hotlinked headlines to read more. Show me those loan docs Homeowners facing foreclosure have a new trick up their sleeves. They are
Why are credit union executives frolicking around an exotic Caribbean resort while thousands of miles away, their industry’s leadership cries to Congress about “hard times” and the need for a TARP bailout? That question —
Recent stories from the press have been rash to criticize anything that might be construed as an extravagance on the part of financial institutions. Some banks are crying foul. BofA and Wells Fargo are two
Here are recent stories of interest from around the web. Click on the hotlinked headlines to read more. “The public mood has remained angry at banks, and banks seem to be realizing that the public
Right now, there is much debate about how much banking executives should or shouldn’t make. Is $1 million too much? Is $500,000 fair? What about bonuses? One of the big concerns is that Washington will
At last count, 315 different financial institutions had received over $300 billion in TARP money. If you’re one of the thousands of other financial institutions that didn’t get a slice of bailout pie, you should
The financial industry has suffered the most severe blow to its image in generations. Everything from TARP bailouts to multi-billion dollar ponzi schemes has left consumers reeling from a loss of trust and confidence in
“Credit unions have joined the long line of bailout recipients.” – NPR’s Marketplace For the past few months, the mainstream media had been heaping mounds and mounds of glowing press on credit unions. But last
“We are pleased that we have been selected to participate in this voluntary program.” – D. Michael Jones President and CEO Banner Corporation Recently, Banner Bank in the Pacific Northwest got an infusion of capital
Back in September, as the economy began disintegrating, an unusual trend began to emerge. The media — who had been ignoring credit unions for decades — all of a sudden started talking about these member-owned