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drake / Upcoming

Reviewing Today's Four Bank Failures from a Depositor's Point of View

Posted by drake 1045 days ago (http://bankdeals.blogspot.com)
Category: Business | Tags: bank failures banks fdic
It was another busy Friday for the FDIC with four bank closures: one in Georgia, one in South Dakota and two banks in California. The Georgia and Sou[...] read more »
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Customers Sue Bank to Get Back CD Money Stolen by the Bank's Employee

Posted by drake 1048 days ago (http://bankdeals.blogspot.com)
Category: Business | Tags: banks fraud risk
A bank failure is not the only way you can lose money at a bank. Customers of MetaBank are having to sue to get back their money that was stolen by o[...] read more »
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How to Shop Banks to Get Better Yields

Posted by drake 1069 days ago (http://www.smartmoney.com)
Category: Personal Finance | Tags: banks checking accounts interest rates
Some banks are willing to pay decent interest rates to grab new customers - you just have to play detective to find them. Making sense of it all, whe[...] read more »
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Stay-at-home mom, six-figure salary

Posted by drake 1069 days ago (http://money.cnn.com)
Category: Entrepreneurship | Tags: entrepreneurs jobs recession
When job openings are few and far between, some are finding the best road to employment is starting their own business. read more »
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Newspaper Ads with Very High CD Rates and the FDIC's Crack Down

Posted by drake 1072 days ago (http://bankdeals.blogspot.com)
Category: Personal Finance | Tags: banking cd rates fdic
If you've ever wondered about those CDs advertised in newspapers with very high rates, this FDIC press release should interest you. These ads typica[...] read more »
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More Bank Failures Today - What's Different From Previous Years?

Posted by drake 1073 days ago (http://bankdeals.blogspot.com)
Category: Economy | Tags: bank failures banking fdic
June had been a quiet month for bank closures. Before today there had been just one closure in Illinois. It picked up today with three more failures. read more »
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A New Number for You to Sweat: Your ID Score

Posted by drake 1074 days ago (http://www.smartmoney.com)
Category: Personal Finance | Tags: banking credit identity theft
Though most consumers aren’t familiar with this type of rating, it’s increasingly being used by everyone from car dealers and banks to utilities and [...] 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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F.D.I.C. Is Watching as a Bank Sets Rates - NYTimes.com

Posted by drake 1080 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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FDIC Starts to Crack Down on Ally Bank's Deposit Rates

Posted by drake 1082 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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American Bankers Association Urges FDIC To Force GMAC/Ally Bank to Cut Deposit Rates

Posted by drake 1095 days ago (http://bankdeals.blogspot.com)
Category: Business | Tags: banks fdic interest rates
This was the second example this week in which deposit rates have been blamed for hurting the banking industry. Banks with some financial troubles su[...] read more »
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Pay-As-You-Drive Auto Insurance - Does Saving Money Outweigh Privacy Concerns?

Posted by drake 1099 days ago (http://www.bestcashcow.com)
Category: Personal Finance | Tags: auto insurance saving money
For those who don't drive much, usage based auto insurance could provide savings. One way to implement pay-as-you-drive insurance is to require the [...] read more »
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Two Illinois Banks Fail, Impact to CD Customers and the FDIC Special Assessment

Posted by drake 1101 days ago (http://bankdeals.blogspot.com)
Category: Economy | Tags: bank failures banks fdic
The most worrisome issue this year for bank closures hasn't been lost money, but the loss of CD rate locks. read more »
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Warehouse Club Face-Off: The Overall Savings

Posted by drake 1112 days ago (http://www.smartmoney.com)
Category: Personal Finance | Tags: costco warehouse clubs sams
While the most obvious disparity is the annual membership fee, in-store prices and policies play an even bigger role when it comes to your bottom lin[...] read more »
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Stress test shows the need to bust up giant banks

Posted by drake 1115 days ago (http://clarkhoward.com)
Category: Economy | Tags: banks financial system
The recent bank stress test has raised a lot of questions about how much more money American taxpayers will have to pour into the giant monster mega-[...] read more »
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