Free Checking is Rare at Big Banks, Common at Small

Date: 27 Nov 2012 | posted in: Banking | 0 Facebooktwitterredditmail

While just 24 percent of big banks offer totally free checking, more than 60 percent of credit unions and small banks do, according to a new report from the U.S. Public Interest Research Group. The report also found that credit unions and small banks have lower fees on average and do a better job of disclosing fees to prospective customers.… Read More

Too Big to Lend

Date: 17 Oct 2012 | posted in: Banking, Retail | 6 Facebooktwitterredditmail

A critical function of our banking system is financing small businesses. But big banks are doing a rotten job of it. At the nation’s largest banks, small business lending has plunged 33% since 2009. Trying to cajole or compel them to do more won’t make much difference because the problem is largely inherent to their scale.… Read More

Banking For the Rest of Us

Date: 1 Apr 2012 | posted in: Banking, Media Coverage | 0 Facebooktwitterredditmail

In this cover story for Sojourners Magazine, Stacy Mitchell writes that there is remarkably little evidence to support the idea that bigger banks are superior. They have come to dominate, not because they are more efficient or offer better services, but because they have rigged government policy in their own favor. It’s time for a new set of rules—banking policies for the 99 percent.… Read More

Overview

Date: 12 Mar 2012 | posted in: Banking | 0 Facebooktwitterredditmail

The financial crisis and its economic aftershocks have spawned the first serious examination of the structure of our current banking system and the public policies that have fueled consolidation over the last 30 years and untethered financial institutions from their … Read More

Homegrown Loans

Date: 26 Feb 2012 | posted in: Banking, Media Coverage | 0 Facebooktwitterredditmail

Utne Reader, February 2012 Shop local, eat local, travel local. These precepts have enjoyed a grassroots renaissance over the past decade, leading in many cases to healthier food, sturdier products, and more affordable energy. They have also helped communities reduce … Read More

1 2 3 4 5 6 7 9