HOUSTON - For years, John Floyd suggests, bank customers who know senior VPs by name and golf with the bank president have enjoyed overdraft privileges. If a preferred customer writes a check without enough money on deposit to cover it, the bank honors the check, Floyd says. The bank then...

KANSAS CITY, Mo. - Roughly 62% of all investors - nearly 35 million - now access the Web for research and information, news, and financial services, a three-fold increase in use over the past four years. According to a survey by American Century Investments, investors doing their homework when they...

WASHINGTON - Credit unions that implement individual development accounts (IDA) programs may be eligible for a $550 annual tax credit. The Senate Finance Committee has approved the tax section of the Charity Aid, Recovery, and Development Act of 2003, which allows financial institutions a tax credit for each IDA account...

eFunds Corporation, an information technology solutions provider, has named Kevin Reager senior vice president/division executive of ATM solutions; Mike Feliciano senior vice president/division executive of EFT solutions; and Tommy Andrews Senior vice president of corporate development. In addition Kim Jones joins eFunds as the director of security, and Sean Murphy...