Banks don’t adhere to the same membership requirements, although certain accounts may have specific opening and minimum deposit requirements that you’ll be expected to meet. For-profit vs. nonprofit Credit unions are created to serve their members, not shareholders. Any profits earned through ...
It’s too soon to get all lathered up about this. Plenty of time for that once we see the proposal but forewarned is forearmed. I suspect that little good will come of all of this. I’ll reiterate my position. I do not think that anyone understands these instruments well enough to ha...
Credit unions are moving out of their unwanted role as a secondary institutions and are going to give banks an unprecedented run for their money, according to Frank Jakes, owner of a Michigan-based credit union consulting firm, Frank Jakes Ph.D Consulting and Conference Leadership Services.收藏...
Credit unions are moving out of their unwanted role as a secondary institutions and are going to give banks an unprecedented run for their money, according to Frank Jakes, owner of a Michigan-based credit union consulting firm, Frank Jakes Ph.D Consulting and Conference Leadership Services.Carter...
Do banks check your credit when opening a business checking account?Banks may run a soft inquiry on your credit. That won't affect your credit score. But most banks do run your banking history through the ChexSystem. If you have had overdrafts or other bad marks, that may go against yo...
The blogosphere has been preoccupied this weekend by the WaPo article about the big banks getting bigger in the wake of the financial crisis. The predominant sentiment seems to be that this is a bad thing. All of the talk reminded me of a post that John
Another important objective for banks and credit unions is to collect contact information from potential customers so that direct communications can start. Social media giveaways work really well but their only disadvantage is that they don’t generate leads. So if you’re looking to maximize lead...
Business checking accounts that are free IF you maintain a minimum balance or meet other criteria The first type, with no monthly service fee, is usually offered by online banks. These are good if you don't want to worry about maintaining a minimum balance. Just keep in mind that it may...
Currently, the macroeconomy still needs boosting, and the financial industry needs to support the real economy, continually offering advantages to enterprises. Although banks are about to face tough times, the situation of state-owned banks and city commercial banks should be better than that of joi...
Currently, the macroeconomy still needs boosting, and the financial industry needs to support the real economy, continually offering advantages to enterprises. Although banks are about to face tough times, the situation of state-owned banks and city commercial banks should be better than that of joi...