The local savings-and-loan bank -- a bastion of lending for homeowners -- is well on its way to becoming extinct, according to a report from a financ...
You want to do it. You've been meaning to do it. Here are 5 reasons to finally ditch your too-big-to-fail bank and move your money to a local credit union.
n 2010, for the first time in 15 years, more bank branches closed than opened across the United States. An analysis of government data shows, however,...
We are about to measure the first vote, if you will, of Move Your Money. The FDIC begins collecting Call Reports from the banks today, and then we'll be able to measure how deposits have shifted.
You know where you keep your money, but where do the institutions where you go to school, work and live keep their money? Most of them have accounts with one or more of the major banks.
The Maryland General Assembly is considering legislation that would essentially give state-chartered banks an edge when bidding to serve state agencie...
The City Council of Los Angeles voted 12-0 today to require banks doing business with the City to report on the details of their local reinvestment in the community.
The FDIC says it was watching 702 of them in the fourth quarter of 2009, up from 252 for the same period a year earlier. "Problem" banks are those rec...
As New Mexico leads the new wave of "invest local" innovation, Los Angeles is preparing for a hearing next week on its own version of policy-driven changes in banking strategy.
Armed with the old It's A Wonderful Life parable on local banking, MYM has caught the attention of state government officials in New Mexico and Oregon...
Commercial real-estate loans could generate losses of $100 billion by the end of next year at more than 900 small and midsize U.S. banks if the econom...
If one could reduce the point of all the massive government planning and intervention and bailouts down to a single pressing need, it's this: we must ...