Banking & Savings

Slovenian bank names new president | News

Louis Vuckovich, of Richland Township, has been named president of Slovenian Savings & Loan. He has more than 15 years of banking experience within the association through various roles including internal audit, BSA officer and assistant board of directors secretary. Vuckovich, a graduate of Conemaugh Valley High School, received a bachelor’s degree in business with a concentration in accounting. He ...

Read More »

Credit Agricole Sa (CRARY) Downgraded by Zacks Investment Research

Zacks Investment Research cut shares of Credit Agricole Sa (NASDAQ:CRARY) from a buy rating to a hold rating in a report issued on Friday, September 15th. According to Zacks, “Credit Agricole S.A. markets a complete range of financial products and services. It offers savings, investments, life insurance, credit, payment and insurance services. Its activities are organized into three business lines: ...

Read More »

Analyzing United Financial Bancorp (UBNK) & United Community Financial Corp. (UCFC)

United Financial Bancorp (NASDAQ: UBNK) and United Community Financial Corp. (NASDAQ:UCFC) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, dividends, risk and earnings. Analyst Recommendations This is a breakdown of current ratings and price targets for United Financial Bancorp ...

Read More »

Bank of New York Mellon Corp Has $22.11 Million Holdings in Northwest Bancshares, Inc. (NWBI)

Bank of New York Mellon Corp lowered its stake in shares of Northwest Bancshares, Inc. (NASDAQ:NWBI) by 2.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,416,604 shares of the savings and loans company’s stock after selling 30,402 shares during the quarter. Bank of New York ...

Read More »

Reviewing Malvern Bancorp (NASDAQ:MLVF) and Clifton Bancorp (CSBK)

Clifton Bancorp (NASDAQ: CSBK) and Malvern Bancorp (NASDAQ:MLVF) are both small-cap finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, valuation, dividends, risk, profitability, analyst recommendations and institutional ownership. Dividends Clifton Bancorp pays an annual dividend of $0.24 per share and has a dividend yield of 1.5%. Malvern ...

Read More »

Mortgage rates below savings rates

For years, the message from financial planners has been to prioritise paying off your mortgage rather than building up savings, because savings rates were generally below mortgage rates. However, new data from Savings Champion shows that it is now possible to get a higher rate of interest on a five-year fixed rate bond than is paid on a five-year fixed ...

Read More »

Bank Mutual Corporation (BKMU) Downgraded by Zacks Investment Research

Zacks Investment Research lowered shares of Bank Mutual Corporation (NASDAQ:BKMU) from a hold rating to a sell rating in a research report report published on Wednesday. According to Zacks, “Bank Mutual Corporation is a financial institution holding company for two subsidiary banks, Mutual Savings Bank and First Northern Savings Bank. “ BKMU has been the topic of several other research ...

Read More »

Chicago’s Last Black-Owned Bank Gets $20 Million Cash Infusion

Some say the transaction could help alleviate the violence plaguing The Windy City In an effort to spark economic development activity within the black community, the city of Chicago has deposited $20 million into ISF Bank—the oldest and last black-owned Chicago-based bank.   The bank, formerly named Illinois Service Federal Savings and Loan Association, plans to use the money for ...

Read More »

TFSA Investors: 2 Dividend Stocks to Hold Forever

Holding dividend stocks in your Tax-Free Saving Account (TFSA) is a sure way to multiply your savings. As you keep beefing up your TFSA year after year with your savings, dividend stocks grow your portfolio and insulate it from the impact of inflation. All you have to do is to invest in reliable names and then re-invest your dividends back into the ...

Read More »