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Local Banks

Catherine New

Look What's Headed For Extinction

HuffingtonPost.com | Catherine New | Posted 06.11.2012 | Money

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...

This Guy Is Probably The Nicest Banker In America

The Huffington Post | Alexander Eichler | Posted 05.23.2012 | Money

If you were going to sit down and design the opposite of a Wall Street banker, you would probably come up with someone like Patrick Cullen. Cullen ...

Bank Lets Old Woman Rack Up Astronomical Fees

The Huffington Post | Catherine New | Posted 04.06.2012 | Money

So much for local banks behaving better than the big ones. Webster Bank, a regional bank with 165 branches southern New England and New York, allo...

The Procrastinator's Guide to Bank Transfer Day

Deyanira Del Rio | Posted 01.05.2012 | Business
Deyanira Del Rio

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.

More Banks Closing In Poorer Areas

nytimes.com | Nelson D. Schwartz | Posted 05.25.2011 | Business

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,...

Auto Dealers, Community Banks Dodge Consumer Oversight

AP | STEPHEN MANNING and MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — The financial overhaul bill awaiting final action in the Senate includes a new regulator whose aim is to make sure mortgages, credi...

Moving our Money in Somerville

Joe Grafton | Posted 05.25.2011 | Business
Joe Grafton

An emerging body of economic research shows that doing business with local independents is the fastest way to restart and reshape our economy.

Move Your Money: 90th Day Report

Dennis Santiago | Posted 05.25.2011 | Business
Dennis Santiago

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.

Rod Kurtz

Ask Rod, Episode 1: How Can We Have More Fun At Work?

HuffingtonPost.com | Rod Kurtz | Posted 11.29.2011 | Small Business

Executive Editor Rod Kurtz explains how to create a fun office atmosphere, whether you should choose a local bank over a big bank, and more....

Move Our Money: Why Universities Should Join the Movement

Dan Apfel | Posted 05.25.2011 | College
Dan Apfel

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.

Maryland Legislature Considers Move Your Money Approach To State Business

Baltimore Sun | Eileen Ambrose Personal Finance | Posted 05.25.2011 | Business

The Maryland General Assembly is considering legislation that would essentially give state-chartered banks an edge when bidding to serve state agencie...

Los Angeles Pushes for Responsible Banking

Dennis Santiago | Posted 05.25.2011 | Los Angeles
Dennis Santiago

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.

Southern California's Troubled Banks: A Rundown

LA Observed | Mark Lacter | Posted 05.25.2011 | Los Angeles

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...

Investing Local: Can the City of Angels Move Its Money?

Dennis Santiago | Posted 05.25.2011 | Los Angeles
Dennis Santiago

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.

Santa Cruz, CA May Move Its Money

Santa Cruz News | Jessica Lussenhop | Posted 05.25.2011 | Business

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...

WSJ Study: Local Banks Face Big Losses

Wall Street Journal | MAURICE TAMMAN and DAVID ENRICH | Posted 05.25.2011 | Business

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...

Jason Linkins

Local Credit Unions Vs. Big Banks: Can You Get A Loan?

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Business

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 ...