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Catherine New

Credit Unions Can Thank WaMu For Kicking Off Bank Exodus

HuffingtonPost.com | Catherine New | Posted 08.02.2012 | Money

Long before Occupy Wall Street protesters were doling out Big Bank Haterade, Main Street customers were steadily moving their money out of banks and i...

Five Ways JPMorgan's Troubles May Affect You

Richard Barrington | Posted 08.11.2012 | Money
Richard Barrington

The average customer has more to lose than to gain from the high-stakes world of bank investing. That's why rules to separate such speculative activity from traditional banking operations would benefit customers who depend on bread-and-butter products like checking and savings accounts.

Faceplant: 4 Lessons From the Facebook IPO

Richard Barrington | Posted 07.29.2012 | Business
Richard Barrington

Whether or not there was any wrongdoing, the reasons for the Facebook flop are understandable. In many ways, this is an echo of the dot-com bubble of the late 1990s, when emotion triumphed over logic for long enough to drive Internet stocks to prices that could only fall.

The High Cost of the Fed's Low Rates

Richard Barrington | Posted 07.01.2012 | Money
Richard Barrington

With the economic recovery still lagging, the intended rewards of the Federal Reserve's aggressive campaign to lower interest rates have yet to be realized. But the cost of that campaign to depositors can be counted, and it may have exceeded $200 billion in the last year alone.

Beware of Regional Rate Differences

Richard Barrington | Posted 06.24.2012 | Money
Richard Barrington

Regional and community banks are often recommended as a solution to the low interest rates offered by large banks -- and for good reason. Unfortunately, the viability of this solution may depend on where you live.

Catherine New

Growing Numbers Moving Their Money Away From BofA

HuffingtonPost.com | Catherine New | Posted 01.20.2012 | Business

Do banks need your money? Bank of America revealed yesterday that the number of customers closing their accounts spiked last quarter, but official...

Zach Carter

Move Your Money Activists Prepare For Bank Transfer Day On Nov. 5

HuffingtonPost.com | Zach Carter | Posted 01.04.2012 | Politics

WASHINGTON -- While major banks pride themselves on "financial innovation," they always function in a way that stays fundamentally the same: They hold...

New York City Apartment Hell Pt. 4

David Serchuk | Posted 05.25.2011 | New York
David Serchuk

Wherein we are basically extorted by our broker and revisit, once again, a place we didn't even like that much the first time.