Although banks have become more efficient, they have
done little to open up substantial sources of future revenue and growth, The
Cornerstone Report states. ... Read More >>
The banking blogs are on fire debating the usefulness of Facebook as a marketing tool for banks and credit unions.
The discussion surrounding the social networking website and how it can impact your financial institution is creating quite a stir. Facebook is an online social networking website that allows its users to create pages about their company. The social networking revolution is growing and the number of users grows exponetially every day. Can your bank grow its ... Read More >>
Online Deposit Rate Report
State of Rates: March 2008 Online banks have reacted strongly to the 175 points in rate cuts by the Federal Reserve with large scale reductions in rates on their checking, money market, savings, and short-term certificates of deposit products. Mid-term and longer-term CD rates have also been lowered in response to an extended bond market rally which has pushed Treasury yields to three-year lows.
The 5.00% deposit rates which were commonplace at the end of 2007 have all but evaporated with only KeyDirect and Capital O ... Read More >>
The banking blogs are on fire debating the usefulness of Facebook as a marketing tool for banks and credit unions.
Online banks have reacted strongly to the 175 points in rate cuts by the Federal Reserve with large scale reductions in rates on their checking, money market, savings, and short-term certificates of deposit products. Mid-term and longer-term CD rates have also been lowered in response to an extended bond market rally which has pushed Treasury yields to three-year lows.