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Bank Life Insurance Sales: Issues, Challenges & Opportunities
This presentation explains bank life insurance sales issues, challenges & opportunities.
Banks in Insurance: A Five-Year Retrospective Since the Passage of GLB
Five years ago, the passage of Graham-Leach-Bliley GLB broke down the walls separating banking and a myriad of other financial services. Financial banks have made great strides in entering the insurance distribution system since the passage of GLB. This five-year retrospective article provides evidence that supports that banks have in...
Check 21 Issue Brief - Consumer Protections Under U.S. Check Law
The Check 21 Act provides protection for consumers against any loss that may occur as a result of their receipt of a substitute check, instead of the original check. This document has been prepared to summarize the application of consumer protections to original checks, check images and substitute checks under...
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Michael W. Dosland Joins Bank Mutual Corporation as Senior Vice President-Chief Financial Officer
MILWAUKEE -- Bank Mutual Corporation (NASDAQ: BKMU) today announced the appointment of Michael W. Dosland as Senior Vice President-Chief Financial Officer of the Corporation and its subsidiary Bank Mutual. He will be responsible for the accounting, financial reporting and treasury functions of both entities. Most recently, Mr. Dosland...
In Memoriam ... Daryl D. Barklow
* Daryl D. Barklow died June 3; he was 63. Barklow was chairman and CEO of East Dubuque Savings Bank, and its holding company East Dubuque Bancshares, Inc. Barklow was serving as chairman of SHAZAM at the time of his death. In 1991-92, he was chairman of the Community Bankers...
Consumer credit delinquencies on the rise
Continued stress in the housing market combined with general weakness in the overall economy contributed to an increase in the delinquency rates for home equity lines of credit and bank cards during the first quarter of 2008, according to the American Bankers Association's Consumer Credit Delinquency Bulletin, published in early...
Convention notebook Geiger honored by MBA as Bank Champion
Gary Geiger, CEO of Heritage Bancshares Group Inc., of Willmar, Minn., was honored with the Bank Champion Award presented by the Minnesota Bankers Association. The announcement was made at the association's annual convention in Rochester last month. Geiger was selected because of his "extreme dedication to banking and his...
ABA economists see slowing
The Economic Advisory Committee of the American Bankers Association said on June 17 that the economy will continue to experience slow economic growth this year and into 2009. "Although tax rebates are providing some near-term lift to spending, households will continue to face a multiplicity of negative forces, including energy...
Former ABA leader named to Fed Board
The U.S. Senate confirmed Elizabeth "Betsy" Duke to a Governor's seat on the Federal Reserve Board on June 27. Duke, who in 2004-2005 became the first female to serve as chairman of the American Bankers Association, was nominated by President Bush in May 2007. She is filling a term set...
Gas stations offer discounts for cash
This year, as gas prices surged, Richard Bell mounted a sign in the station he owns: "Attention gas cash customers: FREE 16 oz. fountain drink or 12 oz. coffee with purchase of 10 gallons of gas or more." The goal, says Bell, owner of the Market...
Home equity lines run late
The troubled economy is leaving consumers with increasingly tough decisions about which debts to pay first, and in some cases, which to pay at all. In the latest indication of these pressures, late payments on home-equity lines of credit rose to an 11-year high in the...
Camden National Corporation Listed on Small-Cap Russell 2000 Index and Russell 3000 Index
CAMDEN, Maine -- Camden National Corporation (NASDAQ: CAC; the "Company") was listed on the Small-Cap Russell 2000[R] Index and the Russell 3000[R] Index, reflecting the Company's market capitalization, when the reconstitution of these indexes was published on June 30, 2008 by Russell Investment Group. Russell rebalances the...
CUSIP Global Services Expands Availability and Functionality of Reference Data with Launch of CUSIP Access
New premium offering includes portfolio download capability, CUSIP Now access and issue-level searching NEW YORK, June 30 /PRNewswire/ -- CUSIP Global Services today announced the launch of the CUSIP Access premium-level service with expanded availability of data and new functionality for clients who require...
CUSIP Global Services Launches Loan Identifier Platform for European Banks
New system enables European agent banks to request CUSIPs and ISINs online NEW YORK, June 25 /PRNewswire/ -- CUSIP Global Services announced today the launch of its online European Bank Loan Application EBL platform. European Agent Banks can use the EBL to request the...
Fees are a deterrent
Keeping track of your checking account is easier than ever before: Consumers can access their accounts 24 hours a day, seven days a week -- either in a bank branch, at an ATM, by telephone or Internet and, in some cases, even by cellphone. Even with...
Repossessions on Long Island: Taking it back
Car and boat repossessions are up on Long Island, as consumers stretched too thin by rising food and fuel costs are failing to cover their monthly payments. The good news is, the trend is keeping local repo firms busy. Sal...
Wholesale prices clamber upward
WASHINGTON -- Wholesale prices surged in May as the manufacturing and housing sectors weakened, leaving the economy and Federal Reserve policymakers pinned between sluggish growth and mounting inflation. The Labor Department said Tuesday that producer prices rose 1.4% in May -- the biggest one-month jump since...
First South Bancorp, Inc. Recognized Among Banking's Top Performers by ABA Banking Journal
WASHINGTON, N.C., June 17 /PRNewswire-FirstCall/ -- First South Bancorp, Inc. , parent holding company of First South Bank, has been recognized as one of banking's top performers by the ABA Banking Journal. The listing, which appears in the June 2008 edition of the ABA...
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American Bankers Association Company Info
NAICS Code
Business Associations: 813910
