Thursday, August 28, 2014   You are here:  Home   Search
  Features

Banking services have become expensive over the past decade, and fee income to offset the high-quality services that banks provide has eroded in recent years. For most banks, checking account customers in the late 1980s and early ’90s received a checking account, a monthly statement and maybe a debit card if they qualified for one.

Banking services have become expensive over the past decade, and fee income to offset the high-quality services that banks provide has eroded in recent years. For most banks, checking account customers in the late 1980s and early ’90s received a checking account, a monthly statement and maybe a debit card if they qualified for one.

Car sales are set to accelerate back to pre-recession levels this year, and with them, a new source of revenue for banks and credit unions who do auto financing – that is, of course, if regulators don’t put on the brakes.
New car sales are expected to top 16 million this year, a 6 percent increase over the 15.5 million predicted last year and an effective return to pre-recession levels, the automotive resource website Edmunds.com predicted.

Car sales are set to accelerate back to pre-recession levels this year, and with them, a new source of revenue for banks and credit unions who do auto financing – that is, of course, if regulators don’t put on the brakes.
New car sales are expected to top 16 million this year, a 6 percent increase over the 15.5 million predicted last year and an effective return to pre-recession levels, the automotive resource website Edmunds.com predicted.



Click here to view all features
  
  Industry News Minimize
  
  Latest Feature

By Steve Viuker

Easy come, easy go. That’s the federal government’s take on the possibility of economic gain in the realm of virtual currency, the most high profile of which is Bitcoin. The currency’s ease of use by those with criminal intent is cited by those in the banking industry who say they wouldn’t finance a Bitcoin startup, or a company that takes payment in bitcoin. (Editor’s note: Bitcoin refers to the payment system itself, while bitcoin pertains to the currency.)

Read the complete article

  

Privacy Statement   Terms Of Use   Copyright 2013 The Warren Group    Login