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On the day last week that Bank of America announced sweeping cost-cuts, including the elimination of 30,000 jobs, executives at BlueRidge Bank celebrated a milestone for the three-year-old financial company. The Frederick-based community bank opened a...
Daily American Sunday EditorThe holiday shopping season begins shortly and e-commerce retailers like Amazon and eBay are already vying for a larger share of sales with massive e-mail campaigns and discounts. The expansion of online sales and banking is tempered by consumer fears...
Northwestern Bank, a Traverse City-based financial inst itution with several offices around Emmet and Charlevoix counties, recently received a downgrade in the outlook calculated for it by national ratings agency BauerFinancial. BauerFinancial Inc....
Press ReleaseFifth Third Bank and the Fifth Third Foundation have donated to the Eskenazi Health Foundation the largest gift ever related to a financial institution in Indiana history, contributing $5 million to the new Eskenazi Health project. Health and Hospital...
Fees for bank customers’ use of debit cards have drawn publicity nationally in recent days, but the trend isn’t expected to take hold immediately at financial institutions around Emmet and Charlevoix counties. Still, one of the larger banks...
Ken Rose is a Bank of America customer, but he has also done business for years with Destinations Credit Union in Parkville. Now, with the bank's announcement that it will charge many debit-card users a $5 monthly fee, the Edmondson Village resident...
The first reports of big banks instituting new fees for using debit cards and for certain checking accounts really riled customers. Clifford Rossi, a professor at the Robert H. Smith School of Business at the University of Maryland, is well suited to...
Thank cost-cutting for this change to the U.S. savings bond program: Starting next year, you won’t be able to buy paper savings bonds at banks and other financial institutions. Getting rid of this paper work is expected to save taxpayers more than...
One out of two Maryland women business owners expect their sales to increase in the next six months, but most have no plans to hire full-time employees as a “soft patch” continues to slow the U.S. economic recovery. The findings of the first-...
An institution with a long history in Northern Michigan, St. Francis X. Federal Credit Union is celebrating the 60th anniversary of gaining its charter. Father Hugolinus Keiner led a group of St. Francis Xavier parishioners who organized St. Francis...
HARBOR SPRINGS — Northern Shores Loan Fund Inc. recently was awarded $725,000 by a U.S. Department of Treasury program, with which it will enhance its lending program for Northern Michigan entrepreneurs. Incorporated under the Little Traverse Bay...
Sep 18, 2011 |Story| Baltimore Sun
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