Bank of America

• Low Overhead Boosts Savings Rates at Rutherford Postal

  By Eileen M. Courter  |  May 20, 2013

  It’s as simple as Business 101. Cut costs and you can boost profits.

• Banks Renew Lures for Small Businesses

  By Michelle A. Samaad  |  May 8, 2013

  If it’s all about location, location, location when opening a business, credit unions may want to pay attention to several cities in Florida, California and Texas.

• New York AG Threatens Mortgage Servicing Suits Against BofA, Wells Fargo

  By Heather Anderson  |  May 6, 2013

  Complaint includes accusations that homeowners could lose homes because loan mods sat unprocessed on big bank desks.

• 

  Rep. Mel Watt’s Long Odds Involve More Than Just Principal Forgiveness

  By Heather Anderson  |  May 2, 2013

  North Carolina congressman's nomination to FHFA top spot prompts careful comments from trades.

• 

  Threat of the Week: The Enemy Within

  By Robert McGarvey  |  April 29, 2013

  All eyes may be on DDoS and Advanced Persistent Threats, but that may be ignoring a far bigger threat.

• Banks Close Credit Union Correspondent Accounts

  By Heather Anderson  |  April 24, 2013

  As many as 30 credit unions in West Virginia and Ohio have been scrambling to establish new correspondent vendors after a regional and national bank terminated their accounts over the past few weeks.

• 

  Mobility Matters: Behemoth Face Off Over Real-Time P2P

  By Robert McGarvey  |  April 18, 2013

  Fiserv, FIS pushing to make person-to-person an instant affair, which may be the key to real adoption.

• Post-Hearing Risk-Based Capital, Business Lending Bills Expected

  By Heather Anderson  |  April 17, 2013

  Three credit union witnesses testified April 10 in a House Financial Services Committee Financial Institutions Subcommittee hearing that rules and regulations mandated by the Dodd-Frank Act are interfering with credit unions’ ability to serve their members. 

• 

  These Are Just a Few of Ed Speed’s Unfavorite Things

  By Sarah Snell Cooke  |  April 17, 2013

  ATLANTIC CITY, N.J. — There are a lot of things recently retired CEO of Texas Dow Employees Credit Union Ed Speed does not like. Collaboration, social media and e-commerce are just for starters. But he didn’t keep his credit union from getting involved in those things.

• Banks Cite BSA, Money Laundering Risk in Closing Credit Union Correspondent Accounts

  By Heather Anderson  |  April 16, 2013

  Huntington, JPMorgan Chase closed accounts at up to 30 West Virginia, Ohio credit unions, their corporates say.