American Banker announced the 25 Most Powerful Women in Banking™. The annual list honors the “professional achievements, personal tenacity and influence” of the nation’s top female financial executives. The list is comprised by a ranking system developed at the discretion of the editors of American Banker. This year BNY Mellon’s Vice Chairman Karen Peetz took [...]
read full article →The media, Occupy Wall Street Protesters and the general public are all fixated on one big event occurring on November 5, 2011, “Bank Transfer Day.” After hearing the rumor mill started turning, we hit the web in search of the truth behind the event and what it means for community banks and credit unions. The [...]
read full article →Following the subprime and economic crisis of 2008 the banking industry was suffering from an image crisis. As the financial industry has begun to make strides to a full recovery, we were surprised to find an article in this month’s ABA Banking Journal that announced the bad banking image has not disappeared. The article cited [...]
read full article →Regulations placed on banks have made it difficult for both large and small financial institutions to drive revenue. These burdens have nixed popular free checking accounts, low fees and more for consumers, as banks search for ways to generate revenue. Most recently, Bank of America announced that it will implement a $5 a month fee [...]
read full article →A recent article from banktech.com reveled that community banks are not cutting it when it comes to meeting the needs of small businesses. The article sited a report conducted by Boston-based analyst firm Aite Group that stated, “Community banks struggle to maximize opportunities to connect with businesses.” The article continued to single out banks with [...]
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