Financial News

Buried in the recent Social Security and Medicare Trustees' Report were some hints about next year's projected cost-of-living adjustments for Social read more

Anyone can join! If:You live, work or are educated in Allegan, Barry, Branch, Calhoun, Cass, Kalamazoo, St. Joseph, or Van Buren County, OR If you receive read more

Proposed purchase of New Buffalo Savings Bank would expand Teachers Credit Union's market in the Wolverine State.

This report stood out to me because of the reviews I've read here and my own personal experience with Marcus. It reinforces all we've read here that Goldman needs read more

Stephen Moore, President Donald Trump’s pick for a seat on the Federal Reserve, said the central bank should reverse course and immediately cut interest rates by read more

The longtime manager the CBS Employees Federal Credit Union has been arrested and charged with embezzling more than $40 million from his employer over the past 20 read more

Wells Fargo announced Thursday that its chief executive, Tim Sloan, is stepping down after he spent more than two years failing to convince lawmakers and regulators read more

Nothing new for DA readers, but this Bloomberg article does offer insights about why many of the big banks have been keeping their rates low in the last few years. read more

Stephen Moore, Trump's pick for the Fed who says he wants the Fed rate cut by 1/2% owes $75,000 in back income tax from 2014. Stephen Moore Owes $75,000 to IRS, read more

Two consumer-credit giants plan to start working together to sell consumers’ data to banks, the latest attempt to feed banks’ appetite for more information on read more

The downgrade comes as the Fed left interest rates unchanged Wednesday and indicated it would not raise rates again this year and would halt the balance sheet read more

Fed Chairman Jerome Powell will use his press conference later Wednesday to accentuate the positive about the outlook while avoiding the negative, economists said.

The Share Insurance Fund reported a net income of $226.5 million and a net position of $15.7 billion for 2018. The fund’s assets declined to $15.8 billion read more

Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $59.1 billion in read more

WSJ article about high scores. For some reason, my old trick way of accessing WSJ articles no longer seems to work so I cannot post or read the entire thing.

Top tips to help you manage your checking account and enter the world of personal money management.

Federal regulators have taken action against USAA Federal Savings Bank for the second time this year.The Office of the Comptroller of Currency, which regulates read more

Not a customer of either one, but some things will definitely change; some will hate it, some will love it, just putting it out there

BB&T Corp. agreed to buy SunTrust Banks Inc. in the world’s largest bank merger in more than a decade, betting that a combination will allow them read more

“If global growth really weakens and that spills over to the United States, while financial conditions tighten more and we do see a weakening in the U.S. economy, read more

Americans resist change, at least when it comes to their checking accounts: A survey from finance site Bankrate and MONEY found that the average American 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)

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

...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%