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Wells Fargo Profits on the Backs of Savers

Posted by drake 1144 days ago (http://www.bestcashcow.com)
Category: Business | Tags: banks wells fargo deposit rates
Wells Fargo posted a first quarter profit today that exceeded analysts expectations. CFO Howard Atkins came right out and said it was because they ar[...] read more »
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FDIC Starts to Crack Down on Ally Bank's Deposit Rates

Posted by drake 1081 days ago (http://bankdeals.blogspot.com)
Category: Business | Tags: fdic deposit rates ally bank
Based on a recent 8-K that GMAC filed with the SEC, it appears that the FDIC will limit the guaranteed debt that GMAC can issue via the Temporary Liq[...] read more »
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F.D.I.C. Is Watching as a Bank Sets Rates - NYTimes.com

Posted by drake 1079 days ago (http://www.nytimes.com)
Category: Business | Tags: banks fdic deposit rates
Should the FDIC restrict Ally Bank (formerly GMAC Bank) from offering top deposit rates? NYT author thinks its ok for the sake of taxpayers, but he a[...] read more »
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Review of Reward Checking Accounts: Rate Guarantees and Rate History

Posted by drake 1078 days ago (http://bankdeals.blogspot.com)
Category: Personal Finance | Tags: banks checking accounts deposit rates
Last year 6% reward checking accounts were common. Now, there are only 3. Some have considered these high rates as teasers. Rates have fallen, but ma[...] read more »
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