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
Rate on 30-year mortgage drops to record 3.89 percent
WASHINGTON — Fixed mortgage rates fell once again to a record low, offering a great opportunity for those who can afford to buy or refinance homes. But few are able to take advantage of the historic rates.
By Associated Press , January 12, 2012
Fed to regularly forecast interest-rate changes
WASHINGTON — In a major shift, the Federal Reserve will start updating the public four times a year on how long it plans to keep short-term interest rates at record lows, according to minutes from its December policy meeting.By Associated Press , January 03, 2012
Part-time nanny helps end Bank of America fee 
By Associated Press , November 03, 2011
What do you think about bank fees? Tell us 
The Forum is looking to talk to Fargo-Moorhead area bank customers about what they think about the fees on checking accounts at their bank.
By Forum staff reports , November 03, 2011
Bank of America nixes $5 debit card fee after Wells Fargo, JPMorgan Chase scrap plans
NEW YORK — Bank of America Corp. is nixing its plans to charge a $5 monthly debit card fee.By Associated Press , November 01, 2011
Wells Fargo testing $3 monthly debit card fee in five states 
CHARLOTTE, N.C. — Banks are trying out yet another fee. Starting in October in five states, Wells Fargo & Co. will charge customers $3 per month if they use their debit card to make purchases. Customers can avoid the fee if they don't use their card or by signing up for certain checking accounts.
By Associated Press , August 17, 2011
Fed to keep interest rate near zero for 2 years
WASHINGTON — The Federal Reserve sketched a dim outlook for the economy Tuesday, suggesting it will remain weak for two more years. As a result, the Fed said it expects to keep its key interest rate near zero through mid-2013.By Associated Press , August 09, 2011
Wells Fargo posts record quarter profit of $3.73 billion, topping Wall Street view 
OAKLAND, Calif. — Wells Fargo & Co. reported record earnings Tuesday, but confronted by an erosion in revenue, the giant bank disclosed it has embarked on a cost-cutting push likely to eliminate jobs.
By McClatchy Newspapers , July 19, 2011
Fed orders banks to lower retailers' debit fees 
WASHINGTON — The Federal Reserve said Wednesday that banks can only charge retailers 21 cents each time they swipe a debit card.
By Associated Press , June 29, 2011
Latest data breach at Citigroup strikes at financial security
NEW YORK — Citigroup's disclosure that the names, account numbers and email addresses of 200,000 of its credit card customers were stolen strikes at the core of modern-day financial life — the ways people buy groceries and pay the power bill.By Associated Press , June 10, 2011
Merchants beat bankers in Senate debit card vote
WASHINGTON — Merchants triumphed over bankers in a battle for billions Wednesday as the Senate voted to let the Federal Reserve curb the fees that stores pay financial institutions when a customer swipes a debit card. It was murkier, however, whether the nation's consumers were winners or losers.By Associated Press , June 08, 2011
Wells Fargo to pay $11 million to settle SEC charges 
CHARLOTTE, N.C. — The Securities and Exchange Commission on Tuesday said Wells Fargo & Co. has agreed to pay more than $11 million in restitution and penalties to settle charges that Wachovia improperly sold complex mortgage-backed securities in late 2006 and early 2007.
By McClatchy Newspapers , April 05, 2011
Swiss bank to change mocked dress code 
By Associated Press , January 18, 2011
Court rules against banks in pivotal mortgage case 
BOSTON — The highest court in Massachusetts ruled against U.S. Bancorp and Wells Fargo & Co. Friday in a widely watched mortgage foreclosure case that could have serious implications for the nation's largest banks.
By Associated Press , January 07, 2011
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