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January 16, 2012
The only certainty in 2012 is the uncertainty stemming from the financial challenges in the European Union, which are very likely to impact the U.S. banking system.
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By Michelle A. Samaad |
November 6, 2011
Consumers are clearly in the driver’s seat these days as they account for nearly the bulk of all bank deposit dollars.
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By Michelle A. Samaad |
October 27, 2011
Ninety cents of every bank deposit dollar now comes from retail consumers, according to research firm Market Rates Insight.
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By Michelle A. Samaad |
October 17, 2011
As citizen frustration continues as demonstrated by the growing Occupy Wall Street movement, credit unions may be presented with another chance to show how they can help middle-class Americans meet their financial needs.
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By David Morrison |
August 31, 2011
Forget the debate over whether or not a credit union should keep offering free checking accounts, there are signs credit unions may eventually have to decide whether or not to charge their members fees for holding deposits.
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By Michelle A. Samaad |
August 25, 2011
Consumer uncertainty may have helped bank deposits grow to nearly $10 trillion.
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By David Morrison |
August 19, 2011
Dan Geller at Market Rates Insight predicts retail banks will start charging interest on deposits.
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June 27, 2011
The latest release of the Money Anxiety Index shows an increase in the level of consumers’ financial anxiety. May’s index at 91.9 (January 1975 = 100), reflects a 0.6 point increase over April of this year, and a 3.7 point increase from the same month last year. The higher the...
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By Michelle A. Samaad |
June 6, 2011
High balance and rewards checking are just a few of the accounts that credit unions and banks are seeing increase in use.
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By Michelle Samaad |
May 12, 2011
While some credit unions and banks in more than a dozen states are experiencing an increase in their average deposit rates, they may need to make some adjustments.