Efforts to Help Afghanistan Are Failing
As winter deepens in Afghanistan, a grim situation is deteriorating. Freezing temperatures are adding to the misery caused by the fall of the U.S.-backed government and the takeover by the Taliban.
Banks Now Offering New Tech For Soldiers Abroad
The technology used by military banking institutions and credit unions has come a long way since its inception in the mid-1980s.
Liberty Bank Gives Welcome Home Grants to Homebuyers
The president and CEO of Liberty National Bank, Ron Zimmerly, Jr., announced that Liberty National Bank would participate in a program to help homebuyers who are eligible with closing costs or down payment assistance when buying their house.
Military Retirement Becomes Tax-Free in 5 More States
A new law passed in 2021 will make military retirement tax-free for more than 100,000 retirees in five states.
Many US Banks Changing Their Overdraft Policies
As the cost of many things in life increases, one thing shoppers may actually pay less for are overdraft fees in 2022. As a result, consumer advocates say the banking industry made the most significant changes to how they charged customers with negative debit balances last year.
Banking Regulator Resigns Following Partisan Fight
In resigning from her post, a top U.S. banking regulator appointed by former President Donald Trump will allow President Joe Biden’s administration to more directly shape financial oversight.
Banking Services Could Make a Comeback at USPS
Beginning last fall, postal services were expanded in a handful of cities, a first step toward a return to banking at the U.S. Postal Service.
Houston Veterans Memorial Park Gifted $150K by Woodforest National Bank
The Woodforest National Bank recently donated $150,000 to the Montgomery County Veterans Memorial Park to support active military members and veterans.
Startup Banks Flourish With Meaningful Relationships
For the past 12 years, Ken LaRoe has been dedicated to providing banking services that support sustainable business practices.
The Number of Banks in the U.S. is Dwindling
In the United States, there were 30,456 banks in 1921, but there were only 4,377 at the end of 2020, a drop of 86%, reports William R. Emmons, the Federal Reserve Bank of St. Louis' assistant vice president and chief economist in the Supervision Division.
Omicron Variant Could Slow U.S. Economy Recovery
Bank shares may be a good indicator of where investors think the economy is headed. Most of the time, banking is booming during expansion periods and is hit hard during contractions as consumers grapple to repay debts. They are also sensitive to interest rates, determining how much money banks can make off of loans.
A 31-year-old Veteran Acquires 74 Rental Properties
Shelby Osborne began her Army career as an officer in 2012. When she left the service in 2018, she went full-time as a real estate investor. Years later, Osborne is just 31 years old and owns 74 rental properties.