BANKING
Investor vs. Liberal: a Poignant Daily Show Interview
Last time, I showed you a fella who thought income inequality was a threat to the country. This time, I bring you a guy--Edward Conard--who says the opposite. Interesting stuff. The part that got ...
Posted on 6/13/12 at 8:11 AM
SBA names Minnesota small business person of year
Darrin Swanson, owner of Kit Masters, Inc. and Swan Machine, Inc. based in Perham, Minn., has been named the Minnesota Small Business Persons of the Year by the U.S. Small Business Administration. To...
Posted on 3/20/12 at 9:37 AM
Daily experiences as teaching moments
Just by taking a little extra time throughout your day, you can make many of your daily experiences into learning moments for your kids. Some examples are: - At the bank, explain what you are doing...
Posted on 8/1/11 at 7:27 PM
Online application process scaring off bank customers
When it comes to pressing the proverbial easy button to complete a banks online account application, a majority of customers are saying see ya later to the sometimes 15 or more screens required to com...
Posted on 6/28/11 at 8:32 AM
Well Paying Jobs that only Require a 2-Year Degree
Full-time workers in the U.S. earn an average of about $20.90 an hour. To increase your pay by $10 an hour, consider one of these jobs that require only a two-year degree. Loan officer, Average hourl...
Posted on 9/23/10 at 8:25 PM
Checking accounts still too confusing, study finds
WASHINGTON — Despite some recent improvements by the nation’s largest banks, checking accounts are still too confusing for consumers and overdraft fees are too high, according to new findings by the Pew Charitable Trusts.By Los Angeles Times , June 08, 2012
JPMorgan loss sets off call for heavier regulation of banks
WASHINGTON — A surprise $2 billion trading loss by a division of JPMorgan Chase triggered calls Friday for tougher regulation of banks three years after their near-death experience in the financial crisis.By Associated Press , May 11, 2012
Overdraft fees still surprise consumers, survey finds
PHILADELPHIA - Nearly two years after the Federal Reserve began requiring banks to get customers’ permission before subjecting them to controversial overdraft practices, many account-holders are still surprised when they are charged overdraft fees for debit-card purchases or ATM withdrawals that could simply have been declined, says a new study financed by the Pew Charitable Trusts.By The Philadelphia Inquirer , May 07, 2012
Defendants agree to plea deal in ND fraud case 
FARGO — A former North Dakota bank vice president and her husband have signed plea agreements in federal court on accusations they bilked a handful of trust accounts out of nearly $800,000.
By Associated Press , April 30, 2012
State Bank names recipients of Pay It Forward gifts 
A mom fighting breast cancer, a camp for children with diabetes and a fund for the funeral costs of the four North Dakota State University freshmen killed in a car crash in February are among this year’s recipients of State Bank & Trust’s Pay It Forward gifts.
April 23, 2012
State-owned Bank of ND makes record $70 million profit 
BISMARCK — The state-owned Bank of North Dakota set a record last year with $70.3 million in profits.
By Associated Press , April 19, 2012
Underwood woman files class-action lawsuit against Gate City Bank, alleging improper overdraft fees 
FARGO – An Underwood woman has filed a federal class-action lawsuit against Gate City Bank for improper overdraft charges.
By Wendy Reuer , April 10, 2012
Former Bears QB McMahon sued over bank's loans 
CHICAGO — In an attempt to recover $104 million, federal authorities have sued former Chicago Bears quarterback Jim McMahon and eight others involved in a now-failed bank that was at the center of the campaign for President Obama's old U.S. Senate seat.
By Associated Press , April 09, 2012
FBI: Pennsylvania man stole Microsoft co-founder's identity 
By Associated Press , March 27, 2012
US formally files $25 billion foreclosure settlement
WASHINGTON - State and federal officials on Monday formally filed the $25 billion settlement with the nation's biggest mortgage servicers.By Los Angeles Times (MCT) , March 12, 2012
Obama slashes fees on FHA-backed mortgages
WASHINGTON - Still searching for a fix for the housing market, the Obama administration is trying to make refinancing more attractive to hundreds of thousands of homeowners by significantly reducing fees on many government-backed mortgages.By Los Angeles Times (MCT) , March 06, 2012
Consumer-finance watchdog probes bank overdraft fees
WASHINGTON — The government's new consumer-watchdog agency is launching a probe into costly overdraft fees charged by big banks.By Associated Press , February 22, 2012
North Dakota gets $3M in foreclosure-abuse settlement 
BISMARCK, N.D. — North Dakota will use its share of a $25 billion multistate settlement with five mortgage lenders to boost housing in the western oil patch.
By Associated Press , February 09, 2012
States, banks reach foreclosure-abuse settlement
WASHINGTON — U.S. states have reached a $25 billion deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst.By Associated Press , February 09, 2012
Minn. gets $280M in national mortgage settlement
ST. PAUL, Minn. — State officials say Minnesota mortgage borrowers will be eligible for a total of $280 million from a national settlement between states and the country's biggest mortgage lenders.By Associated Press , February 09, 2012
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