Financial News

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Sen. Hatch wants to reflect on the tax exemption stats of CUs and whether that exemption is still warranted."

When it comes to Spring cleaning, it’s time to start thinking outside the box. This spirit of renewal applies to more than just your closet! Spring is an ideal time read more

Use these tried-and-true marketing strategies to reach the right audience and increase deposit account growth.

As we celebrate National Community Banking Month, we hope you’ll consider switching your account to a local bank, if you aren’t already a community bank customer!

"Six years ago, at 50, I took early retirement, sold almost everything I owned and began traveling the world. I had been living a good life but longed for something read more

From the New York Post Bank of America reported record earnings on lower costs and a better tax rate - only to see its shares drop as pressure builds to hike rates read more

Both agencies have also been investigating the bank for wrongly levying fees on mortgage borrowers.  Also a link to a Reuters article about investigations read more

Beginning May 7, anyone with an eligible Discover Bank account will have a single fee automatically forgiven each calendar year. The change will apply to customers read more

There’s an opening for online banks as traditional ones have been slow to lift deposit rates for savers even as interest rates have risen.

Coincidentally, one day after I reviewed the latest on reward checking and Kasasa, CNNMoney.com published this interesting article about BancVue's Kasasa: Once read more

Per Capita or Per Stirpes?

From the New York Times If you’re setting out to reinvent basic savings and checking accounts, one way to get attention is to create a service that’s read more

"The time has finally come: you're ready to retire. For many, this means living off savings or social security, but in reality, now that you're unemployed it's time read more

When it comes to reporting tax identity theft to the authorities, the federal government has entered the 21st century at long last. Victims of this type of read more

By As interest rates rise, fewer households refinance their mortgages. And the refinances that do get done are often very different than those initiated during read more

More than 20 percent of college students use their financial aid money to invest in cryptocurrencies, according to new findings by The Student Loan Report, a read more

This year's top 5 tax season scams and tips for how to avoid them:

Louisville Metro Police Officers CU accused of extensive financial improprieties.

"By There's a song that was a No. 1 hit in 1954 called "Little Things Mean a Lot." Its title could sum up today's simple lesson. By saving less than $100 a month, read more

"Consumers paid a whopping $34.3 billion in overdraft fees in 2017 — the most they’ve paid since 2009, during the end of the Great Recession, according to a new read more

Since 1976 Congress has failed to authorize federal funding on dozens of occasions. The resulting government shutdowns have ranged in length from a few days to as read more

Federal Reserve hikes interest rate to highest level in a decade amid stronger economy

"In the last tightening cycle, the average yield on a one-year CD rose 1.15 percentage points during the Fed’s first five rate moves, as measured from its low read more

Market participants correctly anticipate that the Federal Reserve will hike interest rates at the conclusion of this week’s FOMC meeting. The accompanying statement read more

Ken Tumin is quoted in this article.

Article is from Crain's New York Business. First Jersey accounts were transferred to the USAlliance Federal Credit Union of Rye, N.Y. NCUA announcement is at read more