FDIC

Municipal finance gains traction at smaller banks

01/12/17

First Internet Bancorp is the latest institution to enter the business or to significantly expand operations.

[more]

There is plenty for banks to worry about in 2017

01/12/17

Any economic environment, including this one, has risks but it is unclear whether banks are sufficiently worried about what lies ahead.

[more]

Big banks worked with pot industry, despite denials, records show

01/11/17

Documents from Massachusetts complicate the narrative that marijuana businesses either can’t get bank accounts or are only being served by small institutions.

[more]

Sessions would enforce federal pot laws, may end choke point

01/11/17

Attorney General-designate Sen. Jeff Sessions R-Ala., could pose a roadblock for marijuana businesses seeking financial services, but might also end a controversial Justice Department program targeting payment processors and financial institutions.

[more]

The Reports Of The Death Of Refund Anticipation Loans Have Been Greatly Exaggerated!

02/02/13

Mark Twain

Tax Refund Anticipation Loans (RALs) are short term loans that are made by Lenders, through tax preparers, which are secured by a taxpayer’s tax refund.

With interest and fees associated with RALs, the effective annual percentage rate for these loans are often in the triple digits.

[more]

Interest Free Credit Cards? Remember P.T. Barnum!

05/23/11

Credit Card companies have a new pitch - "0% Interest on Balance Purchases & Transfers Until XX/1/2012".

[more]

Interest Free Credit Cards? Remember P.T. Barnum!

05/23/11

Credit Card companies have a new pitch - "0% Interest on Balance Purchases & Transfers Until XX/1/2012".

[more]

New Credit Card Regs Effective Today

02/22/10

(See entire posting on this issue at February 10, 2009)

[more]