Economic Trends


Nearly 10 Million Americans Don't Have A Checking Or Savings Account

Sep 14 2012 - Category: Economic Trends

The economic downturn took its toll on Americans' income and many started pulling back from traditional financial institutions.

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Secret LIBOR Meetings Denote Megabanks' Lack of Transparency

Aug 22 2012 - Category: Economic Trends

The scandal surrounding the rigging of the London Interbank Offered Rate, or LIBOR, has prompted legislators around the world to question the processes involved in determining rates and explore solutions that will make it less prone to deception.

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Trust In Community Banks Climbs, But Plummets For Large Banks

Jul 25 2012 - Category: Economic Trends

Most experts say that for any relationship to work out, there has to be a great deal of trust.

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One-Fifth Of Consumers Considered Switching Banks In The Past Year

Jul 24 2012 - Category: Economic Trends

Many Americans are becoming more dismayed with financial institutions that increasingly rely on service fee income yet fail to provide good customer service.

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Mortgage Borrowers Turn To Community Banks To Refinance Loans

Jul 17 2012 - Category: Economic Trends

Mortgage rates are hovering around unprecedented lows and millions of Americans are refinancing their existing loans to take advantage of more affordable rates.

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Consumer Confidence Continues To Fall

May 29 2012 - Category: Economic Trends

Consumer confidence, which fell in April, continued its descent in May as consumers lost some faith in the economy, according to the latest Conference Board report.

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Consumer Confidence Falls Amid Labor Market Concerns

Mar 27 2012 - Category: Economic Trends

Confidence in the economy fell in March, following a spike the previous month, as concerns over economic recovery and the labor market continue to weigh on consumers' minds.

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Common Signs It's Time To Shop For A New Bank

Feb 24 2012 - Category: Economic Trends

Consumers are selective about the institutions they bank with, and making a decision about whom to entrust their retirement, income and loans can be a difficult one for many adults.

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Rising costs, fees may push consumers toward credit unions, community banks

Feb 03 2012 - Category: Economic Trends

A wave of legislation designed to protect consumers has caused financial headaches for big banks with significant holdings.

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