Articles

GE today announced that it was purchasing MetLife's U.S. deposit business - or in plain language, MetLife's online banking business.

There are over 7,000 community banks (assets below $10 billion) in the country and over 7,000 credit unions, yet over 400 community banks have closed in the past three years. Can community banks survive and thrive in the future?

In January 2009, we wrote about a settlement reached with Bank of America called Closson et.al., v. Bank of America. Nearly three years later I received my check and it was a nice surprise- $98.16.

BestCashCow released updated bank and credit union financial information with the latest data available from the FDIC and the NCUA. In general, banks are awash in cash, not lending, and slowly mending. See how this impacts you.

The traditional money market account of days gone by is now being reinvented by banks and financial services companies trying to capture larger deposits from customers. What should you expect and how can you make more from your account?

The big bank finds itself struggling with bad mortgages, lawsuits from foreclosures, public resentment over debit card fees and the end of free checking. What does BofA's troubles mean for the banking industry and consumers like you?

Millions of individuals use online banking as a convenient and fast way to manage their finances. Yet, many people also do things that jeopardize the security of their account information. If you decide to bank online, here are a list of the top ten things you can do (or not do) to help you bank more securely online.

First Trade Union Bank is rolling out the welcome mat for its online checking account by providing a $100 bonus to new accounts that meet the qualifying criteria.

Today, Mastercard and mFoundry announced that they are teaming up to provide another solution in the mobile payments space. mFoundry currently provides mobile banking services to over 500 banks and credit unions. mFoundry will provide the banking appliation on the phone, and Mastercard will provide the terminal (called PayPass) which consumers can use to swipe their phones using a technology called Near Field Communication (NFC).

This week, we recognize Community First Bank of Butler, MO for their 2.78% APY 60-month CD.

Cyber Monday is sure to bring some fantastic deals, but it can also bring out some cyber criminals as well. Here are some tips for safe shopping, so you can protect yourself, your bank account, and your credit while doing your holiday shopping.

BestCashCow analyzed its database to find the fastest growing banks in the United States. We were looking for banks that grew their assets by making loans and provided needed funds to businesses, potential homeowners, non-profits and more. The top 20 fastest growing banks were all community banks that grown at incredible rates right through the financial crisis.

This week we are traveling to North and South Carolina where Premier Credit Union is offering a nice 24-month (2 year) CD. The CD pays 2.00% APY with a $500 minimum balance.

Are you banking at an institution that is danger of failing? How do you determine if your bank is in jeapordy and might be closed by the FDIC or another regulator?