Financial News

Among the changes, the standard deduction and AMT exemption amount are increasing.  

Financial institutions big and small want those coveted deposits in the year ahead. Here’s how smaller banks can fight for their fair share:

Credit unions are poised to go green in 2019 - and they don't mean championing the environment. Marijuana will be legal in more than half of the states next year. read more

See a detailed analysis of membership growth at U.S. credit unions in recent years.

The December FOMC minutes were released earlier this afternoon.  Read 'em and weep.

There are many reasons we anticipate this time of year. One of the most exciting things I look forward to each December is the announcement of the Goldenwest Bonus read more

treasury yields as of 12/31/2018 1 yr  2.63% 2 yr  2.48% 3 yr  2.46% 5 yr  2.51% 7 yr  2.59% (10-year at 2.69%, 0.06% above 1-year)

...the median projection among the 17 policy makers targeting two more rate increases next year, to a range of 2.75 percent 3 percent.

from Bloomberg: As of 9:02 AM Eastern time: 1-year 2.62%; 5-year 2.61%

Primary focus this past week on the FOMC's federal funds rate call is sensible and understandable.  But there is a significant secondary aspect of Fed read more

Personal Finance Guide for Federal Employees on Furlough:

The Federal Reserve raised short-term interest rates Wednesday, a widely expected move that President Trump has called “foolish” but that the central bank felt was read more

3.25% 60 month CD  current promotion of Golden State Bankhomepage  https://www.goldenstatebank.com/current-promotion  read more

Dec. 18, 2018 1 yr  2.64% 2 yr  2.65% 3 yr  2.64% 5 yr  2.65% https://www.treasury.gov/resource...x?data=y..

From the CFPB press release Company Violated the Fair Credit Reporting Act and Consumer Financial Protection Act in Furnishing Consumer-Report Information and read more

A comprehensive guide to how local banks benefit your family, your business, and your community.

Cash deposited in Robinhood's 3% checking and savings isn't insured, SIPC says  USA TODAY

This article is oriented toward the stock market.  But if the American economy is cooling, interest rates will level off or even fall.  The article refers read more

What’s easier than running to the ATM or wrestling with a wallet full of cards? Using your phone to transfer money and make purchases. Mobile wallets and mobile read more

Just found out that Phone Access to conduct transactions without CSR help will be DISCONTINUED by MID December 2018. There will be NO REPLACEMENT after then until read more

Benchmark U.S. Treasury yields fell back below 3 percent on Monday, the yield flattened and the curve between three-year and five-year notes inverted for the first read more

Mitchell Reiver, who served as general counsel and as an assistant secretary on the Melrose CU board of directors through the end of 2016, signed an NCUA read more

From CNBC: Federal Reserve Chairman Jerome Powell said Wednesday he considers the central bank's benchmark interest rate to be near a neutral level, an important read more

Read on to understand what ATM fraud consists of and how you can avoid falling victim to it.

Typically, when there’s a bank mistake that’s in your favor, the bank won’t allow you to keep the money. But that wasn’t the case at a Texas Bank of America ATM. An read more

What You Can’t Afford To Ignore While Still In School & Recently Graduated :

Net Income Registers a Strong Increase of 29.3 Percent From a Year Earlier

Does this mean  rates will go up 1/2% point next month?  U.S. stocks are down midday Friday, following a hotter-than-expected reading on producer read more

"Ted Benna is widely regarded as the father of the 401(k), which was born 40 years ago with the passage of the Revenue Act of 1978. The former benefits consultant read more

"Howard Marks, Co-Chairman of the US investment firm Oaktree Capital, speaks about his new book and reveals how investors can master the market cycle." A good read read more