Banking & Savings

Customers choose banks based on security over rates

Banking customers are placing a greater importance on security rather than savings rates, new research has revealed A survey conducted by Aldermore has revealed that more than nine out of 10 consumers (92%) want to know that their money and personal details are safe, while 88% said interest rates were important when choosing a savings provider, with 86% opting for ...

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Payday lending kept me afloat when I fell from middle class to poverty—but it’s also kept me down — Quartz

This story was supported by the journalism non-profit the Economic Hardship Reporting Project. When I plunged from the middle class into poverty in 2013, a lot of things I took for granted went down the chute, including my six-figure salary, my comfortable lifestyle, and my self-esteem. But my finances, under long-term repair after a bitter divorce, crashed and burned. Overnight, ...

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Communiqué: 88th Meeting of Monetary Council of Eastern Caribbean Central Bank

1.0 Monetary Stability The Monetary Council received the Governor’s Report on Monetary and Credit Conditions in the Eastern Caribbean Currency Union (ECCU). The report assesses the recent trends in monetary and credit conditions, within the context of the Bank’s broader objectives of ensuring the stability of the exchange rate and exchange arrangements and the stability of the financial system. The ...

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How to get a better deposit rate in era of Fed rate increases

It’s one of the most often asked questions every time the Federal Reserve hikes interest rates — when will banks and other financial institutions raise the rates they pay out on deposits? The answer: Don’t hold your breath. Bankrate.com in North Palm Beach calculates that the average American savings account is paying a meager 0.08 percent while the average one-year ...

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Daily Technical Summary Reports on Savings & Loans Stocks — New York Community Bancorp, People’s

If you want a Stock Review on NYCB, PBCT, AF, or NWBI then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com revisits the Savings and Loans industry, which is the leading source of institutional finance for residential home mortgages in America. In this morning’s lineup are: New York Community Bancorp Inc. (NYSE: NYCB), People’s ...

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Capitol Federal Financial, Inc. (CFFN) Position Maintained by Alliancebernstein L.P.

Alliancebernstein L.P. maintained its stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 209,026 shares of the savings and loans company’s stock at the end of the first quarter. Alliancebernstein L.P. owned approximately 0.16% of Capitol Federal Financial worth $3,058,000 at the ...

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Pistons to feature advertising on jersey

AUBURN HILLS, Mich. – The Detroit Pistons, one of the NBA and region’s most recognized sports teams, and Flagstar Bank, the largest savings bank headquartered in Michigan and the fifth-largest bank mortgage originator in the country, are unveiling a multi-year corporate partnership deal that brands Flagstar Bank as the franchise’s first-ever jersey partner and designates it the official banking and mortgage sponsor ...

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