Consumer Confidence In Banking Takes A Hit #hotel #and #car #deals

#cheap airline tickets with hotel
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Consumer Confidence In Banking Takes A Hit

A recent survey has shown that consumers’ confidence in banks has taken a real hit, with one of the major causes of this decreasing confidence thought to be the recent situation with Northern Rock. According to the results of the survey close to 25% of Brits state that they do not trust lenders, and less than 50% thought that high street banks could be trusted. The turmoil and chaos that erupted after Northern Rock was found to have taken a loan from the Bank of England, fuelling rumors of a near collapse and resulting in many of the bank’s 1.5 million savers withdrawing billions of pounds worth of savings.

As a result of this situation the Bank of England has stepped up assurance over the guarantee of savings of Northern Rock customers, as well as the savings of customers with other banks that fall into a similar situation. However, it seems that these assurances have done nothing for consumer confidence in banking, with over fifty percent stating that they no longer trust high street banks.

The survey revealed that of the 2484 people interviewed only 46% now trust high street banks. Building societies fared a little better, with 48% expressing confidence in building societies. Online banking has also taken a knock, with experts stating that reduced access to online bank accounts by Northern Rock customers also affecting this area of banking. Only 25% of consumers now trust online banking according to the survey results.

One industry professional stated that consumer confidence in banking and finance was already fairly low, and added that the recent turmoil with Northern Rock has contributed to this lack of confidence. It is not just the banking industry that has taken a knock, however, according to professionals. Lenders across the whole financial sector have been affected by lower levels of consumer confidence. It is thought that this could be as the result of problems throughout the whole of the financial sector, which has stemmed from the credit crunch sparked in the sub-prime sector in the Unites States, which has resulted in global repercussions.





17/11/2017

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Greek debt relief closer than ever but creditors must act, Greek


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Greek debt relief ‘closer than ever’ but creditors must act, Greek prime minister says

ATHENS Greek Prime Minister Alexis Tsipras kept up his demand for debt relief from international lenders on Tuesday, saying Athens was close to securing a solution to ease its debt mountain but that creditors must meet there commitments.

Greece wants to wrap up negotiations with the lenders — the European Union and International Monetary Find — on reforms and on debt relief this month.

It needs another tranche of bailout money, wants to qualify for inclusion in the European Central Bank’s bond-buying program, and seeks to return to bond markets immediately afterwards.

“We are closer than ever to a substantial solution on debt relief,” said Tsipras reiterating that Greece had already agreed to apply more austerity after its current bailout expires and it was its lenders’ turn to fulfill their promises of discussions about debt relief.

“Τhe ball is no longer in our court,” he told reporters referring to lenders’ statements on debt relief in past years.

Despite Greece’s recent statements and a bailout review agreement at staff level, sources close to the lenders have been less optimistic seeing talks on debt relief lasting longer than May.

This is because of sharp differences between the IMF and Germany, Europe’s paymaster, over the Greece’s fiscal targets. The former says Greece’s target and debt are unsustainable; the latter, with an election coming, is less willing to drop its hard line.

After six months of tense talks, Athens and the lenders reached a deal last week on a set of additional reforms the country needs to implement in 2019-20, two years after its current, 86-billion euro bailout program expires.

Greece wants euro zone finance ministers to approve the reforms’ deal at a scheduled Eurogroup meeting on May 22 — a key condition for unlocking vital loans — but also agree on a formula to make its debt sustainable in the medium-term and long term.

Debt sustainability is key for the European Central Bank and the Washington-based IMF, which participated financially in the country’s first two rescue packages, but has yet to announce whether it will join Greece’s current program, the third since 2010.

Greek lawmakers are expected to vote on the new austerity package by May 18, before euro zone finance ministers assess the country’s progress.

Tsipras, who is sagging in opinion polls and whose term expires in 2019, controls 153 lawmakers in the 300-seat parliament and he is expected to pass the bill.

But the delays in the negotiations have slowed projected economic growth and have exacerbated reform fatigue after seven years of austerity hurting the government’s popularity further.

Asked whether he was considering a cabinet reshuffle, Tsipras ruled it out.

“We are not considering it. Our aim now is to speed up work as much as we can,” he said during a visit at the education ministry, where he announced a planned education reform.

(Additional reporting Angeliki Koutantou Editing by Jeremy Gaunt)

Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Learn more about Thomson Reuters products:

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The industry leader for online information for tax, accounting and finance professionals


03/11/2017

Posted In: NEWS

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RBS – Credit Card Online Services #online,services,management,credit #card,personal,banking,rbs


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Credit Card Online Services

Sign up

It�s easy to sign up for Credit Card Online Services, and it should only take a few minutes.

When you sign up, you�ll have to create your own login details. You need separate details for Credit Card Online Services and Digital Banking.

You�ll get instant access to a limited version of the service. We�ll then send you an activation code by post. Use this the next time you login to Credit Card Online Services to get full access.

Credit card only customers

Sign up for Credit Card Online Services for our most comprehensive online credit card management service.

More than one RBS account

If you have an RBS credit card and another RBS savings, loan or current account, you can sign up for Digital Banking and Credit Card Online Services. If you don�t have an RBS credit card, you can still sign up for Digital Banking.

Common questions

What�s the difference between Digital Banking and Credit Card Online Services?

Digital Banking puts you in control of many of your RBS accounts, including your current account. It also lets you carry out some everyday transactions on your credit card account.

For example, you can view or download your transactions or pay your credit card from your current account.

However, Credit Card Online Services lets you do more. You can:

  • Monitor your credit card � keep track of your credit card spending 24 hours a day, including up to date transaction and balance details
  • Receive free alerts � to keep you up to date with your credit card balance and when your payment is due*
  • Use your credit card for more � pay bills, make a balance transfer and transfer money to your RBS current account or any other UK bank account
  • Pay your credit card bill � make a payment from any UK debit card
  • Go paperless � with online statements you can see and download statements from the last eighteen months
  • Manage your personal details � update all of your contact details online.

back to top

Can I use my Digital Banking details to access Credit Card Online Services?

No. To access Credit Card Online Services you will need to set up a separate username, internet PIN and password.

Who can use Credit Card Online Services?

To register, you need to be aged 18 or over and have an RBS credit card.

What happens when I register?

We�ll ask you to choose a username and create an internet PIN and password. You�ll need these details every time you login.

As soon as you�ve chosen your username and internet PIN, you�ll have instant access to your credit card balance and transactions.

We�ll send you an activation code within 7-10 working days. You�ll need this to activate your account and get access the full online credit card servicing management tools. To protect your security, we�ll send the activation code by post.

How do I activate my account?

When you receive your activation code, login and enter your code. You�ll then have full access to Credit Card Online Services.

Need a helping hand?

If you need help to complete your registration, just call us on 0345 301 6080 (Minicom 0345 3003699). Lines are open 24 hours a day, 7 days a week. Calls may be recorded.

*Your network operator may charge you for texts received whilst overseas

To sign up for Credit Card Online Services you need to have a RBS credit card and be aged 18 or over.

Please note that system updates will mean that Credit Card Online Services is unavailable for short periods in the early hours of the morning

Log in sign up


10/10/2017

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Cord Blood Registry #cord #blood #banking, #largest, #most #experienced #stem #cell


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It s Nice to Meet You

Complete Your Profile

Birth Details

Payment Details

Confirm Order Details

You will be charged for processing and storage at the time your sample(s) are stored. Fees are incurred and charged at the time services are rendered. All prices are subject to change. Different fees may apply for international customers. Cancellations prior to CBR’s storage of the sample(s) are subject to an administrative fee of $150. If you terminate the Enrollment Agreement after CBR’s storage of the sample(s), you will not receive a refund.

An annual storage fee of $150 for cord blood banking, or $300 for cord blood and cord tissue banking, will be charged each year following your baby’s first birthday.

All major credit cards accepted. Payment plans cover first-year fees only; future annual storage fees are not included.

Important Notes Regarding Financing

Prepaid storage for 2nd year and beyond will be applied to the payment plan’s first month. Prepaid storage does not apply to CareCredit financing. Minimum limits apply for CareCredit financing ( $1,000 for 24, 36, or 48 months).

Payment Plan Disclosures for in-house CBR 6-Month Plan (interest free) – No credit check required. The 6-month plan requires a $10/month administrative fee. The plans may be prepaid in full at any time.

Payment Plan Disclosures for in-house CBR 12-Month Plan (interest free) – No credit check required. The 12-month plan requires a $15/month administrative fee. The plans may be prepaid in full at any time.

Payment Plan Disclosures for CareCredit 48-Month Plan – Availability subject to credit approval. $1,650 or as low as $46 per month. If you pay only the minimum amount it will take you 48 months to pay off the balance and $2,201 total. A 14.90% Extended Payment Plan for 48 Months on purchases of $1,000 or more with your CareCredit card. Fixed minimum monthly payments required. Penalty APR may apply if you make a late payment. On promo purchase, fixed monthly payments equal to 4.8439% of initial purchase balance for 24 months; 3.4616% of initial purchase balance for 36 months; 2.7780% of initial purchase balance for 48 months required, and interest charges will be applied to promo balance at a reduced 14.90% APR if (1) promo purchases paid in full in promotion duration as indicated, and (2) all minimum monthly payments on account paid when due. Purchase APR of up to 29.99% applies to expired promotions and optional charges.

Savings on Lifetime Storage based on the Social Security Administration’s average life expectancy equal to 78 years of storage.

Payment Estimator Additional Disclosure

Estimated first minimum monthly payment. Future minimum payments will vary based on amount and timing of payments, interest rate, and other charges added to account. You may always pay more. The more you pay each month, the quicker your balance will be repaid and the lower your total finance charges will be. For more information about CareCredit’s healthcare payment plans, please visit carecredit.com. If minimum monthly payments are 60 days past due, the promotions may be terminated and a Penalty APR may apply. Standard terms including Purchase APR or Penalty APR up to 29.99% apply to expired and terminated promotions, and optional charges. Subject to credit approval by Synchrony Bank. Other terms and conditions may apply. Please see here for more details.

International clients are responsible for the cost of shipping the collection kit to CBR’s lab; please contact your representative for a shipping cost estimate. Shipping is provided 365 days per year. Clients will receive confirmation once the kit has arrived at the lab. Offices in Mexico are located in Mexico City, Monterey, Merida, and Acapulco for added convenience. In these locations, the collection kit will be picked up from the hospital and transferred to the courier for shipment to the lab. CareCredit extended payment plans are not available to international customers. Fees are in U.S. dollars.

Additional discounts may apply (verification required.) Offer may not be combined with any other discounts, promotions, or coupons.

* Storage Fee(s) for first year will be charged automatically to the credit card at the time of storage.

* Prepaid Storage Fee(s) for Years 2-18 will be charged automatically to the credit card at the time of storage.

* Covers storage fees for the lifetime of the child. Prepaid Storage Fee(s) will be charged automatically to the credit card at the time of storage.

** You will be charged for processing and storage at the time your sample(s) are stored. Fees are incurred and charged at the time services are rendered. All prices are subject to change. Different fees may apply for international customers. Cancellations prior to CBR’s storage of the sample(s) are subject to an administrative fee of $150. If you terminate the Enrollment Agreement after CBR’s storage of the sample(s), you will not receive a refund.

** Installments will be charged monthly to the credit card on file. If prepaid storage is selected, prepaid storage for 2nd year and beyond will be applied to the payment plan’s first month. You will be charged for processing and storage at the time your sample(s) are stored.are incurred and charged at the time services are rendered. All prices are subject to change. Different fees may apply for international customers. Cancellations prior to CBR’s storage of the sample(s) are subject to an administrative fee of $150. If you terminate the Enrollment Agreement after CBR’s storage of the sample(s), you will not receive a refund.

** Total first year fees charged in full to CareCredit card. Monthly payments made to GE Capital/CareCredit based on payment plan selected as discussed with your CBR Representative. Please visit www.CareCredit.com to calculate your minimum monthly payments. Price includes CBR’s CellAdvantage Collection Kit and the CBR services elected by the Client (cell processing of Cord Blood, and/or preparation of Cord Tissue, and cryogenic storage process). You will be charged for processing and storage at the time your sample(s) are stored. Fees are incurred and charged at the time services are rendered. All prices are subject to change. Different fees may apply for international customers. Cancellations prior to CBR’s storage of the sample(s) are subject to an administrative fee of $150. If you terminate the Enrollment Agreement after CBR’s storage of the sample(s), you will not receive a refund.

*** Annual storage fees will be charged automatically to the credit card on file, on or around your baby’s birthday

*** After 18 year term, annual storage fees will be charged automatically to the credit card on file, on or around your baby’s birthday

Congratulations!

You’ve made a great decision for the future health of your family.

We ll Be in Touch

About Cord Blood Registry

Learn about the benefits of saving
your baby’s stem cells

Stay in the Know


05/10/2017

Posted In: NEWS

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Virginia Banks, Banks in Virginia, armed forces bank online banking.#Armed #forces


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Virginia Banks

Armed forces bank online banking

  • Access National Bank: Reston, Chantilly, Vienna Tysons
  • Alliance Bank: Locations in Northern Virginia
  • American National Bank and Trust Company: Danville, Pittsylvania County, Collinsville, Martinsville, South Boston, Yanceyville, Lynchburg, Lovingston
  • Armed Forces Bank: Fort Myer, Norfolk – VIRGINIA. Additional Locations in: Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Kansas, Kentucky, Missouri, Nevada, New Jersey, North Dakota, Texas, Virginia, Washington, Wyoming
  • BBCN Bank
  • BBCN Center Bank: D.C. LPO – Annandale, VA
  • BB T Banking: Bank subsidiaries operate more than 1,400 branch offices in the Carolinas, Virginia, West Virginia, Kentucky, Georgia, Maryland, Tennessee, Florida, Alabama, Indiana, and Washington, D.C.
  • Bank of Botetourt: Buchanan, Buchanan, Daleville, Eagle Rock, Troutville, Bonsack, Lexington, Peters Creek, and Fairfield.
  • Bank of Clarke County: Berryville, Boyce, Winchester, Stephens City
  • Bank of Floyd: Floyd, Christiansburg, Roanoke, Hillsville, Salem, Willis
  • Bank of Goochland: Goochland, Manakin Sabot
  • Bank of Hampton Roads: Chesapeake, Norfold, Suffolk, Virginia Beach
  • Bank of McKenney: Colonial Heights, Matoaca, Dinwiddle, McKenney, Sutherland, Ettrick
  • Bank of Powhatan.: Powhatan, VA
  • Bank of Southside Virginia (BSV): Boykins, Capron, Carson, Chester, Colonial Heights, Dinwiddle, Franklin, Greensville/Emporia, Jarratt, Perersburg, Prince George, Rohoic/Edgehill, Smithfield, Stony Creek, Wakefield
  • Bank of the Commonwealth: Chesapeake, Norfolk, Portsmouth, Virginia Beach
  • Bank of the James: Lynchburg, Madison Heights, Forest, Moneta
  • Blue Grass Valley Bank: Monterey and Blue Grass Virginia
  • Burke and Herbert Bank: Alexandria, Arlington, Falls Church, Springfield, Woodbridge
  • Capitol One Bank
  • Cardinal Bank: Alexandria, Annandale, Arlington, Chantilly, Clifton, Fairfax, Fredericksburg, McLean (Tysons Corner), Herndon, Leesburg, Manassas, Purcellville, Reston, Stafford, Sterling, Woodbridge + a location in Washington DC
  • Central Virginia Bank: Powhatan, Cartersville, Midlothian, Cumberland, Richmond
  • Chesapeake Bank: Kilmarnock, Irvington, Lively, Mathews, Hayes, Gloucester, Williamsburg
  • Citizens and Farmers Bank: West Point, Providence Forge, Quinton, Williamsburg, Norge, Midlothian, Mechanicsville, Sandston, Richmond, Saluda, Newport News, Yorktown, Hampton
  • Colonial Savings, F.A.: Fairfax, Virginia
  • Community Bank: Staunton, Waynesboro, Stuarts Draft, Raphine, Verona, Virginia Beach
  • Community Bankers’ Bank: Midlothian, Virginia
  • E*Trade Bank: Merrifield, VA
  • Essex Bank: Tappahannock, Manquin, Mechanicsville, West Point, Glen Allen
  • Farmers and Merchants: Timberville, Broadway, Elkton, Bridgewater, Edinburg, Woodstock, Harrisonburg, Luray
  • Farmers and Miners Bank: Cumberland Gap, Rose Hill, Pennington Gap, Weber City, Wise, and Clintwood
  • Farmers Bank: Windsor, Smithfield, Suffolk
  • First Bank: Winchester, Front Royal, Stephens City, Strasburg, Woodstock, Mt. Jackson, New Market
  • First Bank : Serving North Carolina, South Carolina and Virginia Communities
  • First Bank and Trust Company: Lebanon, Abingdon, Bristol, Glen Allen, Wise, Norton, Staunton, Verona, Harrisonburg, Blacksburg, Wytheville + locations in TN
  • First Capital Bank: Glen Allen, Richmond, Ashland, Petersburg
  • First Citizens Bank : Locations in the following states; Maryland, North Carolina, Tennessee, Virginia, and West Virginia
  • First Community Bancshares: Bluefield, Virginia *
  • First Sentinel Bank: Richlands, Pounding Mill, Tazewell, Lebanon
  • Franklin Federal Savings and Loan: Glen Allen, Richmond, Chesterfield, Mechanicsville
  • Freedom Bank of Virginia: Vienna, Fairfax
  • Friedman, Billings, Ramsey Co: Investment Bank; Arlington, VA
  • Gateway Bank : Chesapeake, Emporia, Norfolk, Virginia Beach + locations in NC
  • Hanmi Bank : Virginia LPO; Annandale, VA
  • Heritage Bank: Norfolk, Chesapeake, Virginia Beach
  • Highlands Union Bank: Abingdon, Bristol, Marion, Glade Spring + locations in Tennessee and North Carolina
  • Lee Bank Trust Company: Abingdon, Bristol, Dryden, Jonesville, Pennington Gap
  • Monarch Bank: Chesapeake, Virginia Beach, Norfolk
  • National Bank of Blacksburg: Blacksburg, VA
  • National Cooperative Bank: Virginia – Operations Center: 2011 Crystal Drive, Suite 800, Arlington, VA 22202

  • New Peoples Bank, Inc.: Abingdon, Big Stone Gap, Bluefield, Bristol, Castlewood, Cleveland, Clintwood, Davenport, Dungannon, Esserville, Gate City, Grundy, Haysi, Honaker, Lebanon, Lee County, Pound, Pounding Mill, Richlands, Tazewell, Weber City + Locations in West Virginia and Tennessee
  • Oba Bank: Arlington VA + locations in Maryland and Washington DC
  • Old Point Financial Corporation: VI
  • PNC Bank: Several Locations in the US
  • Powell Valley National Bank: Jonesville, Pennington Gap, Big Stone Gap, Wise
  • Premier Bank
  • Presidential Online Bank: Rosslyn, McLean, Ballston, Reston, Tysons, Leesburg + locations in DC and Maryland
  • Regions Bank: Locations in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, Virginia
  • Shore Bank: Cheriton, Chincoteague, Exmore, Onley, Parksley + a location in Salisbury, MD
  • Silicon Valley Bank: Virginia Locations: Vienna, VA – Northern Virginia
  • The Bank of Charlotte County: Charlotte County
  • The Bank of Fincastle: Bedford, Blue Ridge, Roanoke, Daleville, Troutville
  • The Fauquier Bank (TFB): Bealeton, Catlett, Manassas, The Plains, Warrenton
  • The Middleburg Bank: Middleburg, Leesburg, Purcellville, Ashburn, Reston, Warrenton
  • TowneBank: Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Virginia Beach, Williamsburg, Yorktown
  • TruPoint Bank: Lebanon, St. Paul, Abingdon, Bristol, Richlands, Grundy + a location in Tennessee
  • Union – First Market Bank : locations in Central Virginia
  • United Bank
  • United Bank: Virginia, Washington D.C., Maryland
  • United Bankshares, Inc (UBSI).: West Virginia, Virginia, Maryland, Ohio, and Washington, D.C *
  • Village Bank: Midlothian, Chester, Chesterfield, Richmond
  • Virginia Commerce Bank: Arlington, Alexandria, McLean, Annandale, Fairfax, Vienna, Reston, Lake Ridge, Chantilly, Manassas, Springfield,
  • Virginia Community Bank: Culpeper, Fredericksburg, Orange, Mineral, Louisa
  • Wachovia: Several Locations
  • Woodforest National Bank: locations in TX, NC, and Virginia
  • Associations

    Armed forces bank online banking

    Armed forces bank online banking


    20/09/2017

    Posted In: NEWS

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    Tech Credit Union #tech #credit #union, #tech #cu, #credit #union, #banking,


    Tech Checking

    Tech Checking gives you the features you expect, plus online and mobile banking services to help you manage your account from anywhere, anytime.

    Secured Checking

    If problems with NSF (Non-Sufficient Funds) fees have caused you to be listed in ChexSystems, you know getting a new checking account can be extremely difficult. And without a Checking account, you re forced to use budget-draining payment services like money orders or retail currency centers. Tech CU Secured Checking is designed to provide basic checking services to those who want to make an honest effort to manage their finances and take control of their money.

    • Free box of Tech CU security checks.
    • Tech Check Card (Visa debit) is available.
    • Free Tech Debit Alerts .
    • Free 24-hour account access via Online Banking Mobile Banking .
    • View and print images of cleared checks in Online Banking.
    • No per-check fee.
    • Optional overdraft transfer from savings.
    • Access your account at CO-OP Shared Branch locations nationwide
    • Ability to upgrade to regular Tech Checking after 6-months of properly maintaining this account.
    • Assistance with establishing Direct Deposit or Payroll Deduction to your account.

    Secured Checking has the following requirements:

    • Those with a record of fraud at ChexSystems are not eligible.
    • Minimum daily balance requirement of $200 ($100 is held in Money Market Savings).
    • $5.00 monthly account service fee; $10.00 per month whenever the required minimum daily balance is not maintained.
    • Account e-Statement is required.
    • 7-business day hold on deposited checks.
    • $34.00 per NSF item returned.
    • $30.00 per stop payment.
    • $6.00 per overdraft transfer.
    • $5.00 copy of cleared checks.
    • Online Bill Pay service is not available.
    • Account will be closed for uncollected account fees.
    • Other account fees or restrictions may apply.

    ChexSystems is a network made up of member banks and credit unions that regularly contribute information on mishandled checking and savings accounts to a central location. This information is shared among member institutions to help them assess the risk of opening new accounts. Each report submitted to ChexSystems remains on file for five years unless the source of information requests its removal or ChexSystems becomes obligated to remove it under applicable law.

    Open A Checking Account Today

    Your new checking account can be opened at any Tech CU branch.

    • To open a Checking account, a minimum of $25.00 must be on deposit in your Tech CU Money Market Savings account.
    • A $25 initial deposit is required to open (Tech Checking).
    • Present a valid driver s license with your correct mailing address.
    • Present your most recent pay-stub (if employed).
    • Your first box of checks is free and is mailed to your home within 7 to 10 business days from the time of account opening.
    • Tech Check Card and PIN is mailed (separately) to your home 2 to 3 weeks from the time of account opening. You also have the option of having these items mailed directly to the credit union for pick-up.

    Contact Us

    Branch ATM Finder

    Education Center

    Self Service

    Rates Fees


    06/09/2017

    Posted In: NEWS

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    FamilyWealthReport – Exclusive Intelligence for the family office community #family #office,family


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    Josh O’Neill, 23 June 2017

    The results of the first phase of the US Federal Reserve’s stress test are music to congressional Republicans’ ears.

    Robbie Lawther, 22 June 2017

    UBS Wealth Management has published a white paper on Millennial wealth to explore how their desire for technology how this will impact the financial services sector.

    Diane Harrison, 21 June 2017

    Best-selling novelists may hold a clue on the smart way for investment firms to pitch their ideas to wealth managers, so the author of this article argues.

    Tom Burroughes, 20 June 2017

    Wealthy families need to observe certain disciplines in using social media so that reputations are protected and nurtured. The family office firm talks to FWR about some of the issues.

    Latest News

    Market Research – June 23, 2017

    New data on the cannabis industry outlines a growth pattern that will likely blow your mind.

    Strategy – June 23, 2017

    Several large international banks have voted to replace a key inter-bank lending rate.

    New Office – June 23, 2017

    The new center is located in Union Square, Manhattan.

    New Office – June 23, 2017

    The bank has revamped one of its branches in the Golden State.

    People Moves – June 23, 2017

    Financial services giant Raymond James serves more than 3 million client accounts through 7,200 financial advisors in the United States, Canada and overseas.

    Comment and Analysis

    Philanthropy – June 7, 2017

    A regular columnist for FWR does not pull any punches in analyzing the current direction of US tax policy as it affects philanthropic giving, and gives advice to wealthy donors on how to act.

    Investment Strategies – May 22, 2017

    Whatever one thinks of the claims and counter-claims surrounding Donald Trump following his recent firing of the FBI’s head, markets have been rattled. But arguably, equities are due for a correction and there i.

    Technology – May 19, 2017

    The wealth management industry has had another ear-piercing wake-up call about cybercrime, and the author of this article lays out ideas on how to defeat the hackers.

    Technology – May 8, 2017

    Your correspondent recently attended financial technology giant Temenos’ annual conference and it threw out a range of insights of value for the global wealth industry.

    Philanthropy – April 26, 2017

    Negotiating a successful gift considers both parties� interests and finds the commonalities of intent and opportunity, argues philanthropy advisor and expert Susan Winer.

    Most Read

    More Stories

    Latest Poll


    25/08/2017

    Posted In: NEWS

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    Bank With No Fees Checking and Savings #big, #bank, #no, #fee,


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    Bank With No Fees [Checking and Savings]

    A message and a $50 bonus

    I sent this info as an email to all my subscribers yesterday but since debit card banking fees are such a hot topic right now figured I needed to share it publicly. More on the $50 bonus in a minute.

    I saw a World News special last night about how so many American s are fed up with big banks and their new fees, specifically the $5/month fee Bank of America is charging customers for using a debit card. That is just horrible charging us to use our own money where will it end?

    I saw the light years ago and did A LOT of research into what banks give great service with no fees. I found three solid options.

    Rewards debit w/your existing account

    This is a perfect option for Bank of America customers.

    How can you get 2% rewards cash back on all debit purchases, and 5% on select debit purchases without having to switch banks? Simple, use PerkStreet.

    Here are some of the benefits PerkStreet delivers:

    • Keep your existing bank Sign up and link your PerkStreet account to any other bank account for free. Transfer money when you need it, always free.
    • 2% cash back on debit purchases You re rewarded for spending money you already have rather than using credit cards (which I ll never recommend).

    Read more about PerkStreet Financial Rewards Debit and sign up if it suits you and you re ready for a simple debit card change.

    No fee checking accounts

    The banks I recommend lock, stock, and barrel are Capital One 360 and Ally Bank. They are both online banks, that also allow for paper checks if you so desire. The reason they can survive and even thrive in this economy is because they have no brick and mortar branch offices to maintain and that savings gets passed straight down to us.

    The other recommendation I have is to open an account with your local credit union as a supplemental account (or clearinghouse if you will) for your online accounts with either Capital One 360 or Ally.

    Personally, Betsy and I have accounts with Capital One 360, Ally, and our local credit union, but we mostly use Capital One 360 they are simply fantastic and I recommend them in full confidence.

    Read more about their checking accounts by following the links below and make the switch if you like what you see.

    And savings accounts

    If you re looking for information on savings accounts, use these links for Capital One 360 and Ally Bank .

    Let me know if you have any questions and I ll do my best to help.

    Betterment is one of my two favorite ways to earn interest on my savings! They have an awesome program for the Average Joe to save and invest simply and effectively. There are no minimum balance requirements and no transaction fees. Read my Betterment Review or open an account to get started earning now.

    Article by Matt Jabs

    Matt has written 321 articles for Debt Free Adventure!

    Matt created Debt Free Adventure to help people pay off debt so they can build wealth and give generously. He is passionate about holistic stewardship and helping you pay off debt, save, give, and live your mission. Connect with Matt on Facebook. Twitter. and the +Matt Jabs Google profile.

    Have a question?

    Feel free to ask for advice by visiting the Ask Matt Jabs page.

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    Thanks for stopping by, share this info with your loved ones and help us change the world!

    3 great choices Ally, Perkstreet and ING. I have accounts at all three and love them!

    2% back on PerkStreet requires a $5k monthly minimum. Otherwise, it is 1% cash back. I am confused why you would recommend keeping your existing account if there are monthly fees attached to it. That would defeat the purpose of the savings of PerkStreet card. It would be like using a rewards credit card but carrying a balance on it.

    The BOA fees are only for debit card use, so people who don t want to switch could keep their checking account but use the PerkStreet debit card to avoid the fees and earn rewards.

    USAA is open to everyone for banking not just military members. No hidden fees just free bank accounts with ATM fee reimbursement.

    Agree that Ally is a great online bank for savings and 2-month penalty 5 year CD.

    My friend Rodney is a veteran; he uses USAA for everything. There offerings to non-military is a newer thing so thank you for bringing this up I have heard they are a very solid online bank, though I cannot verify that from personal experience.

    Maybe it s time we open up accounts with credit unions

    Yeah, that s one of the suggestions.

    I m actually currently banking with a credit union and they charge me $5 a month just to have a checking account. I think I might consider doing away with it and going online.

    I say go for it if it saves you $5 every month.


    24/08/2017

    Posted In: NEWS

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    Savings account internet #community #bank, #banking, #bank, #loans, #deposits, #savings, #financial


    #

    Savings

    Your financial needs are important to us and we want to help you achieve your financial goals. Whether you are looking to start your savings program or you are looking for a high-yield money market account, Farmers State Bank has the account for you.

    HI-FI Investment Account

    For savers who want to earn better interest rates on their deposits than a statement savings account.

    If you re looking for a good high-yield investment account that earns interest, you ve found it. This is for customers who keep high balances, do not need to make withdrawals and want to maximize the interest they earn. Plus, interest is compounded and credited monthly.

    Your HIFI Account includes:

    • Minimum opening balance of $2,500
    • $10 monthly balance fee if balance falls below $2,500
      or below the minimum average daily balance of $5,000
    • Minimum withdrawal is $500
    • Limit of 6 transfers to other accounts or third
      parties with preauthorization per statement cycle
    • Free telephone and online banking
    • Interest rate paid rises at each of the following
      balances: $10,000, $50,000 and $100,000
    • Free FSB mobile banking*
    • Free FSB SMS text banking*

    Note: Other conditions and fees may apply
    The interest rates and annual percentage yields may change at any time

    *Msg/Data rates may apply

    Statement Savings

    Savers who want to earn interest on their deposits and receive a monthly statement.

    This is a flexible account that records monthly statement activity. Interest is posted to your statement savings each month. This account is perfect for individuals, families, minors, senior citizens and anyone wanting convenience and flexibility. The statement can be tied to a checking account statement for ease in reconciling accounts.

    Your Statement Savings account includes:

    • $50 opening deposit required
    • $2 monthly balance fee if balance falls below $200; fee waived if over age 62, under age 18 or are a charitable organization
    • Free telephone and online banking
    • Limit of 6 transfers to other accounts or third parties with preauthorization per statement cycle
    • Must maintain a minimum average daily balance
      of $100 to obtain the disclosed annual percentage yield
    • Free FSB mobile banking*
    • Free FSB SMS text banking*

    Note: Other conditions and fees may apply
    The interest rates and annual percentage yields may change at any time

    *Msg/Data rates may apply

    Christmas Club

    This account allows customers to have a dedicated account to make steady deposits throughout the year.

    It s never too early to start saving for the holiday season. The Christmas Club account makes it easy. A small regular deposit can grow into a substantial holiday fund. In early October, we will mail you a check in time to start your holiday shopping.

    Your Christmas Club account includes:

    • Minimum initial deposit $1
    • No monthly maintanence fee
    • No minimum balance required
    • No monthly deposit minimum
    • Check received in the fall for holiday shopping

    Note: Other conditions and fees may apply

    The interest rates and annual percentage yields may change at any time


    24/08/2017

    Posted In: NEWS

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    Consumer Confidence In Banking Takes A Hit #travel #packages

    #flights and hotel deals
    #

    Consumer Confidence In Banking Takes A Hit

    A recent survey has shown that consumers’ confidence in banks has taken a real hit, with one of the major causes of this decreasing confidence thought to be the recent situation with Northern Rock. According to the results of the survey close to 25% of Brits state that they do not trust lenders, and less than 50% thought that high street banks could be trusted. The turmoil and chaos that erupted after Northern Rock was found to have taken a loan from the Bank of England, fuelling rumors of a near collapse and resulting in many of the bank’s 1.5 million savers withdrawing billions of pounds worth of savings.

    As a result of this situation the Bank of England has stepped up assurance over the guarantee of savings of Northern Rock customers, as well as the savings of customers with other banks that fall into a similar situation. However, it seems that these assurances have done nothing for consumer confidence in banking, with over fifty percent stating that they no longer trust high street banks.

    The survey revealed that of the 2484 people interviewed only 46% now trust high street banks. Building societies fared a little better, with 48% expressing confidence in building societies. Online banking has also taken a knock, with experts stating that reduced access to online bank accounts by Northern Rock customers also affecting this area of banking. Only 25% of consumers now trust online banking according to the survey results.

    One industry professional stated that consumer confidence in banking and finance was already fairly low, and added that the recent turmoil with Northern Rock has contributed to this lack of confidence. It is not just the banking industry that has taken a knock, however, according to professionals. Lenders across the whole financial sector have been affected by lower levels of consumer confidence. It is thought that this could be as the result of problems throughout the whole of the financial sector, which has stemmed from the credit crunch sparked in the sub-prime sector in the Unites States, which has resulted in global repercussions.





    13/08/2017

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    Worst kind of company: Alarm in Britain over Macquarie Bank s


    #

    ‘Worst kind of company’: Alarm in Britain over Macquarie Bank’s proposed takeover of UK’s Green Investment Bank

    Banks admit breaking cartel laws

    London: A bipartisan coalition of former and serving British MPs has raised alarm about Macquarie Bank buying up the UK’s Green Investment Bank, with the former business secretary saying the Australian investment bank is the “worst kind of company” to be acquiring the £2 billion ($3.4 billion) fund.

    MPs expressed fears that Macquarie Bank, known in Australia as the “millionaires factory”, would acquire the Green Investment Bank (GIB) only to strip it of its most profitable parts, abandoning its environmental purpose. Initially Parliamentarians had feared that if owned privately the Green Bank would expand beyond its remit. But sources said that with Macquarie Bank as the likely owner, the fear is now that the Green Bank will be chopped up and sold off according to its financing arrangements, a practice known as “asset stripping” which would trigger a flight of staff and destroy the Bank’s ability to carry out it’s green mission.

    The British government had been expected to announce by the end of 2016 who would purchase the GIB, which the tory government, under the leadership of the then Prime Minister David Cameron announced would be privatised in June 2015. The formal sell-off process began in March and Australia’s Macquarie Bank is poised to be announced as the winning bidder. Bloomberg on Wednesday, citing a source familiar with the process, reported the UK government is set to agree to a deal to sell the GIB to Macquarie Group in early January .

    But that prospect has alarmed some MPs who say Macquarie Bank’s past behaviour disqualified it to look after the green bank.

    The former Tory minister for energy and climate change Gregory Barker who helped create the Bank has called for an urgent halt to the privatisation process.

    “Am increasingly alarmed that sale of #GIB will now see it broken up so much it threatens its future as enduring institution,” he wrote on Twitter.

    Am increasingly alarmed that sale of #GIB will now see it broken up so much it threatens its future as enduring institution #slamonthebrakes

    In 2013, Britain’s influential Sunday Times published an article calling Macquarie Bank “the vampire kangaroo” over the Macquarie-led consortium’s management of Thames Water which it acquired in 2006 .

    The former Liberal Democrat MP Simon Hughes told the paper that under Macquarie “Thames has paid out large dividends, run down its capital [and] not paid taxes.”

    Sir Vince Cable promoting solar panels. Photo: Supplied

    Former Liberal Democrat MP and secretary of state for business Sir Vince Cable echoed this, telling Fairfax Media the Australian investment bank was “notorious for pursuing short-term profitability at the expense of long-term sustainability”.

    This is the worst kind of company to be entrusting maintaining the integrity and green mission of the bank.

    Britain’s Former Secretary of State for Business Vince Cable

    “This is the worst kind of company to be entrusting maintaining the integrity and green mission of the bank,” he said.

    Sir Vince said while he opposed the privatisation of the bank, he would prefer a different company to Macquarie if the sale had to go ahead.

    “A company whose track record is better aligned with the objectives of the bank,” he said.

    He also proposed a “golden share arrangement” where the UK government would be able to force Macquarie to uphold the Bank’s green mission.

    “But if it did so I suspect that Macquarie would no longer be interested,” he said.

    Sir Vince said he believed the Tory government was having second thoughts about offloading the bank to Macquarie, fearing “reputational damage”.

    The Labour MP and opposition spokesman for business, energy and industrial strategy, Clive Lewis, also backed a golden share arrangement “to ensure beyond any doubt that the bank will be retained as a single institution … even if it causes Macquarie to pull out of the deal.”

    “If it’s broken up, sold off and its green commitments forgotten, not only will the taxpayer lose the healthy returns the GIB has been providing, but the UK risks breaching international and domestic climate targets,” he said.

    And the first Greens MP elected to Britain’s parliament, Caroline Lucas, said Macquarie Bank had a track record of supporting “climate-wrecking projects”.

    “The government’s preferred bidders, Macquarie, are an Australian-based bank funding fossil fuel extraction projects across the world. From open-cast coal mines in China to fracking here in the UK, Macquarie has a track record of [supporting] climate-wrecking projects.”

    Macquarie Bank declined to comment. Photo: Grant Turner

    Fairfax Media approached Maquarie Bank in London for a response to the MPs concerns but the bank said it would not be commenting.

    The UK’s Green Investment Bank began investing in green energy and infrastructure projects in 2012, making it the first green bank in the world at the time.

    Australia’s Clean Energy Finance Corporation, established by the former Labor Gillard government in 2012, mimics the bank.

    Wind farms are a form of renewable energy and the green economy. Photo: Vestas Wind Systems A/S

    Both banks take a commercial approach to financing clean energy projects which would otherwise struggle to find private sector funding.

    The CEFC said in July this year that since its inception in 2013 it has invested $2.3 billion in projects with a total value of $6.6 billion.

    The GIB says it has funded £2.7 billion worth of a total £11.1 billion worth of transactions in the green economy. In 2015 it began turning a profit.

    Latika Bourke

    06/08/2017

    Posted In: NEWS

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    American Home Mortgage Servicing, Inc #american #home #mortgage #servicing, #inc., #texas,


    #

    American Home Mortgage Servicing, Inc. to Become Homeward Residential

    COPPELL, Texas. Feb. 17, 2012 /PRNewswire/ — American Home Mortgage Servicing, Inc. (“AHMSI”) today announced that the company will change its name to Homeward Residential (“Homeward”) to reflect its expansion into residential lending and other real estate finance related businesses. The full transition to the new name, Homeward Residential, is expected to be completed in the second quarter.

    “Today’s announcement is not simply a name change. Over the past 12 months we have built a full-service mortgage banking enterprise with a broad spectrum of offerings and expertise in lending, servicing and a variety of related services,” said Dave Applegate. President and Chief Executive Officer of AHMSI.

    AHMSI’s portfolio of services was expanded in October 2011 with the opening of the company’s correspondent and warehouse lending operations. During the past 12 months, AHMSI has added new businesses to support the needs of customers in a challenging marketplace, including loan closing services, REO management, home valuation, special servicing, sub-servicing and asset management consulting.

    The name Homeward evolved after employee and customer input, followed by additional research, analysis and audience testing. “We believe that homeownership remains a significant part of the American dream, and ‘Homeward’ is the ideal identity to support the aspirations of our customers,” added Applegate. “Our exceptional and talented employees played significant roles in helping us rename our company, and their input was valued among the entire organization. Homeward’s ultimate success rests on those same employees who are passionate about the work they do and remain steadfastly committed to finding the best possible solutions for homeowners.”

    AHMSI is the 13th largest mortgage servicer in the country managing nearly $71 billion in loan servicing, representing approximately 374,000 customers. Since its inception in April 2008, AHMSI has modified over 195,000 mortgage loans, including over 32,000 under the U.S. government’s Making Home Affordable Program. AHMSI’s more than 3,000 associates work each day with the mission of helping families preserve their dream of home ownership.

    SOURCE American Home Mortgage Servicing, Inc.

    View Table Fullscreen


    31/07/2017

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    Bank of America Preferred Rewards Program #preferred #rewards, #bank #of #america


    #

    Banking made better with no-fee services

    Enjoy fee waivers on everyday services for Bank of America personal checking and savings accounts:

    • Monthly maintenance fees waived on up to 4 eligible checking and 4 savings accounts from Bank of America
    • No fees for ATM or debit card replacement including rush replacement, standard check orders, cashier’s checks, Check Image Service, check copies, stop payments and incoming domestic wire transfers
    • Overdraft Protection transfer fees waived from your linked savings accounts, secondary checking accounts or from a Home Equity Line of Credit

    Platinum and Platinum Honors tier clients also enjoy:

    • No fees for incoming international wire transfers and a small safe deposit box

    Enroll in Preferred Rewards

    There are no fees to join or participate in Preferred Rewards. Here’s all you need to enroll:

    • An eligible Bank of America personal checking account
    • 3-month average combined balances of $20,000 or more in qualifying Bank of America banking accounts and/or Merrill Edge and Merrill Lynch investment accounts. Visit our learning center for more information.

    Get simple tips to help you reach the required balance layer

    Sign in to Online Banking to see if you qualify.

    Not an Online Banking Customer?

    Don’t have a checking account?

    Would you like to speak to a Preferred Rewards specialist?

    Call 888.888.RWDS (888.888.7937)

    Enroll in Preferred Rewards

    There are no fees to join or participate in Preferred Rewards. Here’s all you need to enroll:

    • An eligible Bank of America personal checking account
    • 3-month average combined balances of $20,000 or more in qualifying Bank of America banking accounts and/or Merrill Edge and Merrill Lynch investment accounts. Visit our learning center for more information.

    Get simple tips to help you reach the required balance layer

    To learn more or enroll today:

    You are eligible to enroll in the Preferred Rewards program if you have an active, eligible Bank of America personal checking account and maintain a 3-month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill Edge and Merrill Lynch investment accounts of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier. The combined balance is calculated based on your average daily balance for a three calendar month period. SafeBalance Banking accounts do not count toward the account or balance requirements, and do not receive the fee waivers and other benefits of the program. Certain benefits are also available without enrolling in Preferred Rewards if you satisfy balance and other requirements. For details on Employee qualification requirements, please visit the Employee Banking Investments website. The Preferred Rewards Gold tier does not include the $0 online equity and ETF trades via Merrill Edge . a benefit that is currently available at the Platinum and Platinum Honors tiers of Preferred Rewards.

    The Rewards Money Market Savings interest rate booster is only available to customers enrolled in the Preferred Rewards program. Your enrollment in Preferred Rewards will not automatically convert any existing money market savings account to a Rewards Money Market Savings account without your request. If your enrollment in the Preferred Rewards program is discontinued, the interest rate booster may be discontinued. The interest rate in the interest rate booster example is for illustrative purposes only. For current interest rate information, view our Rewards Money Market Savings rates .

    Certain credit cards are eligible to receive the Preferred Rewards bonus. View a complete list of ineligible cards. Enrolled clients with eligible cards will receive the Preferred Rewards bonus based on Preferred Rewards tier and type of card. For example, the BankAmericard Cash Rewards credit card awards the Preferred Rewards bonus when you redeem cash rewards into a Bank of America checking or savings account or an eligible Merrill Lynch Cash Management Account . That means a $100 cash rewards redemption becomes $125, $150 or $175, based on your tier when you redeem. All other eligible card types receive the Preferred Rewards bonus with each purchase. That means a purchase that earns 100 base points will actually earn 125, 150, or 175 points, based on your tier when the purchase posts to your account. The Preferred Rewards bonus will replace the 10% customer bonus you may receive with certain cards. Other terms and conditions apply. If you have an eligible card, please refer to your card’s Program Rules for details about how you will receive the Preferred Rewards bonus. Program Rules are accessible through the rewards redemption site via Online Banking or by calling the number on the back of your card.

    Preferred Rewards Platinum and Platinum Honors tier clients using a Bank of America debit or ATM card will not be charged the non-Bank of America ATM fee and will receive a refund of the ATM operator or network fee for withdrawals, balance inquiries and balance transfers (1 each per statement cycle for Platinum tier clients, unlimited for Platinum Honors tier clients) from non-Bank of America ATMs in the U.S. and U.S. territories.

    Eligibility: Commissions are only waived for online equity and ETF trades conducted via an individual or jointly owned self-directed personal CMA or IRA account.
    Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF S) waives its commission fee for:
    – 30 monthly online equity and ETF trades for Platinum tier clients
    – 100 monthly online equity and ETF trades for Platinum Honors tier clients
    For details about commissions, transaction fees and any other fees that may apply, visit merrilledge.com/pricing. Certain account types are not eligible. Other restrictions may apply. Relationship requirements and pricing are subject to change and/or termination without advance notice. For full details about ways to qualify for $0 trades, call 888.MER.EDGE ( 888.637.3343 ) or visit merrilledge.com/$0detail .

    Merrill Edge MarketPro is available to clients who maintain a Merrill Edge self-directed relationship. To qualify, you must be a Preferred Rewards Platinum or Platinum Honors tier client, or maintain total combined balances of $50,000 or more in your Merrill Edge and Merrill Lynch investment accounts and Bank of America . N.A. deposit accounts, or make at least 15 self-directed trades per quarter. Not available to investment professionals or for trust accounts and business accounts. Relationship requirements and pricing are subject to change. See merrilledge.com/marketpro for details.

    The origination fee reduction is available to clients who are enrolled or are eligible to enroll in Preferred Rewards at the time of application for a new purchase or refinance loan (for co-borrowers, at least one applicant must be enrolled or eligible to enroll). Amount of the reduction ($200 for Gold tier, $400 for Platinum tier and $600 for Platinum Honors tier) is based on your eligible tier at the time of mortgage application and is not subject to adjustment. This reduction will not exceed the amount of the Lender Origination Fee. Eligibility will be available three or more business days after the end of the calendar month in which you satisfy the requirements. Some discounts cannot be combined. For details on requirements, visit the Preferred Rewards Addendum to the Personal Schedule of Fees. Benefit is non-transferable.

    Auto loan preferred interest rate discount of 0.25% to 0.50% is valid only for customers who are enrolled in Preferred Rewards or Banking Rewards for Wealth Management at the time of auto loan application and who obtain a Bank of America auto purchase or refinance loan. The maximum preferred interest rate discount on a Bank of America auto loan is 0.50%. This preferred interest rate discount is not reflected in our published rates on our website but will be reflected in the interest rate quoted upon loan approval. Discounts are only available on new auto loans through a financial center, contact center or online and are not available on dealer financing. Benefit is non-transferable. Subject to credit approval. Standard underwriting guidelines and credit policies apply.

    Visit the Bank of America Preferred Rewards page on bankofamerica.com for a list of no-fee banking services.


    31/07/2017

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    Consumer Confidence In Banking Takes A Hit #student #travel #deals

    #cheap flight and hotel deals
    #

    Consumer Confidence In Banking Takes A Hit

    A recent survey has shown that consumers’ confidence in banks has taken a real hit, with one of the major causes of this decreasing confidence thought to be the recent situation with Northern Rock. According to the results of the survey close to 25% of Brits state that they do not trust lenders, and less than 50% thought that high street banks could be trusted. The turmoil and chaos that erupted after Northern Rock was found to have taken a loan from the Bank of England, fuelling rumors of a near collapse and resulting in many of the bank’s 1.5 million savers withdrawing billions of pounds worth of savings.

    As a result of this situation the Bank of England has stepped up assurance over the guarantee of savings of Northern Rock customers, as well as the savings of customers with other banks that fall into a similar situation. However, it seems that these assurances have done nothing for consumer confidence in banking, with over fifty percent stating that they no longer trust high street banks.

    The survey revealed that of the 2484 people interviewed only 46% now trust high street banks. Building societies fared a little better, with 48% expressing confidence in building societies. Online banking has also taken a knock, with experts stating that reduced access to online bank accounts by Northern Rock customers also affecting this area of banking. Only 25% of consumers now trust online banking according to the survey results.

    One industry professional stated that consumer confidence in banking and finance was already fairly low, and added that the recent turmoil with Northern Rock has contributed to this lack of confidence. It is not just the banking industry that has taken a knock, however, according to professionals. Lenders across the whole financial sector have been affected by lower levels of consumer confidence. It is thought that this could be as the result of problems throughout the whole of the financial sector, which has stemmed from the credit crunch sparked in the sub-prime sector in the Unites States, which has resulted in global repercussions.





    29/07/2017

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    The Dime Savings Bank of Williamsburgh Changes Name to Dime Community


    #

    Company Name

    The Dime Savings Bank of Williamsburgh Changes Name to Dime Community Bank

    August 2 The Dime Savings Bank of Williamsburgh (N.Y.), the wholly owned banking subsidiary of Dime Community Bancshares, Inc. has announced that it officially changed its name to Dime Community Bank.

    According to Kenneth J. Mahon, President and Chief Operating Officer, The new name, Dime Community Bank, more accurately reflects our evolving business model and will allow us to emphasize our broader geographic and business reach, while not abandoning our mission to be in and of the communities we serve, including the virtual community online.

    The bank will continue to be referred to as DIME in all marketing and advertising.

    We strongly believe that today, consumers and businesses want to bank local and with institutions that support their communities, continued Mr. Mahon. Having done that for over 150 years makes us uniquely qualified to use the name Dime Community Bank.

    It is also important to note that our commitment to Williamsburg remains as strong as ever, which is reflected in the opening of two new branches there later this year, as well as our continued sponsorship of the Dime McCarren 5K which runs through the heart of the community.

    ABOUT DIME COMMUNITY BANCSHARES, INC.

    Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the Company ) had $5.56 billion in consolidated assets as of June 30, 2016, and is the parent company of the Dime Community Bank (the bank ). The bank was founded in 1864, is headquartered in Brooklyn, New York, and currently has twenty-five branches located throughout Brooklyn, Queens, the Bronx and Nassau County, New York. More information on the Company and the bank can be found on Dime s website at www.dime.com .


    24/07/2017

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    Consumer Confidence In Banking Takes A Hit #cheap #tickets #hotels

    #flights and hotel deals
    #

    Consumer Confidence In Banking Takes A Hit

    A recent survey has shown that consumers’ confidence in banks has taken a real hit, with one of the major causes of this decreasing confidence thought to be the recent situation with Northern Rock. According to the results of the survey close to 25% of Brits state that they do not trust lenders, and less than 50% thought that high street banks could be trusted. The turmoil and chaos that erupted after Northern Rock was found to have taken a loan from the Bank of England, fuelling rumors of a near collapse and resulting in many of the bank’s 1.5 million savers withdrawing billions of pounds worth of savings.

    As a result of this situation the Bank of England has stepped up assurance over the guarantee of savings of Northern Rock customers, as well as the savings of customers with other banks that fall into a similar situation. However, it seems that these assurances have done nothing for consumer confidence in banking, with over fifty percent stating that they no longer trust high street banks.

    The survey revealed that of the 2484 people interviewed only 46% now trust high street banks. Building societies fared a little better, with 48% expressing confidence in building societies. Online banking has also taken a knock, with experts stating that reduced access to online bank accounts by Northern Rock customers also affecting this area of banking. Only 25% of consumers now trust online banking according to the survey results.

    One industry professional stated that consumer confidence in banking and finance was already fairly low, and added that the recent turmoil with Northern Rock has contributed to this lack of confidence. It is not just the banking industry that has taken a knock, however, according to professionals. Lenders across the whole financial sector have been affected by lower levels of consumer confidence. It is thought that this could be as the result of problems throughout the whole of the financial sector, which has stemmed from the credit crunch sparked in the sub-prime sector in the Unites States, which has resulted in global repercussions.





    07/04/2017

    Posted In: NEWS

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    Consumer Confidence In Banking Takes A Hit #book #cheap #hotels

    #cheap flight and hotel deals
    #

    Consumer Confidence In Banking Takes A Hit

    A recent survey has shown that consumers’ confidence in banks has taken a real hit, with one of the major causes of this decreasing confidence thought to be the recent situation with Northern Rock. According to the results of the survey close to 25% of Brits state that they do not trust lenders, and less than 50% thought that high street banks could be trusted. The turmoil and chaos that erupted after Northern Rock was found to have taken a loan from the Bank of England, fuelling rumors of a near collapse and resulting in many of the bank’s 1.5 million savers withdrawing billions of pounds worth of savings.

    As a result of this situation the Bank of England has stepped up assurance over the guarantee of savings of Northern Rock customers, as well as the savings of customers with other banks that fall into a similar situation. However, it seems that these assurances have done nothing for consumer confidence in banking, with over fifty percent stating that they no longer trust high street banks.

    The survey revealed that of the 2484 people interviewed only 46% now trust high street banks. Building societies fared a little better, with 48% expressing confidence in building societies. Online banking has also taken a knock, with experts stating that reduced access to online bank accounts by Northern Rock customers also affecting this area of banking. Only 25% of consumers now trust online banking according to the survey results.

    One industry professional stated that consumer confidence in banking and finance was already fairly low, and added that the recent turmoil with Northern Rock has contributed to this lack of confidence. It is not just the banking industry that has taken a knock, however, according to professionals. Lenders across the whole financial sector have been affected by lower levels of consumer confidence. It is thought that this could be as the result of problems throughout the whole of the financial sector, which has stemmed from the credit crunch sparked in the sub-prime sector in the Unites States, which has resulted in global repercussions.





    09/02/2017

    Posted In: NEWS

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