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From the WSJ One of banks’ favorite cost-cutting strategies in recent years has been closing branches. But a new study suggests the approach may soon backfire.If read more
From the NCUA press release: The National Credit Union Administration today liquidated First African Baptist Church Federal Credit Union of Sharon Hill, read more
From First Tennessee Bank's Facebook page: The First Tennessee Foundation will match up to $50,000 in donations from the public to help the thousands of displaced read more
One of the central tenets of the Federal Reserve and most central banks throughout the developed world in the modern era has been their ability to stay above the read more
Wells Fargo faces dozens of lawsuits from angry customers over its fake accounts scandal, but it is reportedly seeking to push those disputes into arbitration. read more
Bottom line: low-cost index fund investing will blow away high cost managed investing. You can count on it.
Applies to Institutions with More Than 2 Million Deposit Accounts
Have a look at those charts on the ten year. Interest rates are decidedly rising.
The U.S. Consumer Financial Protection Bureau, already in legal limbo after an October court decision, could find its powers scaled back by President-elect Donald read more
Credit unions in Pennsylvania and Florida announced new merger plans and credit unions in North Carolina completed a consolidation. The $105 million Cornerstone read more
Donald Trump has pledged a $1 trillion infrastructure spending program to help jump-start an economy that he said was in terrible shape during the campaign. read more
Only "significant negative news" could derail the Federal Reserve's high expectations for raising U.S. interest rates next month, a Fed official who has recently read more
Bond markets are reacting already to the Trump win with higher interest rates.
GREENVILLE, S.C. - A former Upstate financial advisor is headed to prison for stealing more than $3 million from his clients, according to acting U.S. Attorney Beth read more
A 67-year-old widow and grandmother was sentenced to six and a half years in prison Tuesday for a nearly $2.5 million embezzlement, which led to the collapse of read more
Consumers have generally been receptive to the agency, which celebrated its fifth anniversary this summer. At the time, it said it had helped 27 million consumers read more
Federal Reserve Vice Chairman Stanley Fischer said the central bank has almost reached its goals for maximum employment and price stability, strengthening the case read more