| 5Star Bank moving HQ from Virginia to Springs
The bank is part of Armed Forces Benefits Association, which was established in 1947. Membership in AFBA is available to all members of the military, Department of Defense, Department of Homeland Security and other federal employees, military contractors, state and local employees, and their families. In 1990, 5Star bank was established to offer worldwide banking services. It is part of 5Star Financial LLC, formed in 1989 to operate AFBA's for-profit companies, which are designed to provide financial services to the general marketplace. 5Star is in the process of changing its charter from an industrial bank to a state bank. Michael League, who took over as the bank's president in January, said that he'd like to expand the bank's presence along the Front Range by opening two additional branches in Colorado Springs.
WAMU ABOUT TO SNEEZE AND CATCH A COLD
Cramer said that there's "no global economic slowdown." By contrast, Cramer also said, "the world is growing too fast for the Fed's comfort when it comes to inflation. In my honest opinion Cramers statements are idiotically made by the currently biggest media mouthpiece that was ever hired to pump and dump stocks for Wall Street in the history of stock fraud! If the world is growing too fast and the Fed is worried by inflation that would mean a rise in interest rates too sooner than later. Why would it be too sooner? Because right now the housing market has already been deflated by at least 10% over the past year and if that is not enough to signal the beginning of a recession, wipe out $1.4 trillion of home equity across 300 million homes in America and it averages about 3,333.33 per household in lost wealth.
ING Debuts New Advertisements That Highlight an 'Easier' Way to ...
ATLANTA -- According to a recent five-day, online survey of more than 1,000 Americans conducted by ING and Ipsos Public Affairs, nearly half of Americans (49 percent) say it is easier to get a cat unstuck from a tree than it is to safeguard their future by making the right financial choices. This unexpected and comical juxtaposition of life circumstances is at the heart of ING's new television advertising campaign, which launches nationally today and highlights how ING can help people find easier solutions for planning their financial future.
"Based on our research, it's clear that Americans still see the process of managing their money as a daunting, complex task and ING is dedicated to helping to make it easier," said Tricia Conahan, senior vice president -- brand marketing, ING U.S.
Consumer Watch: Cyber Banking Done The Old Fashioned Way
No doubt, many of us have been there. The bank's ATM isn't working, so you go down the street and use another's. Well, hold onto that wallet, that quick stop likely came at a price. In fact many customers usually end up paying two bank fees when withdrawing money at another bank's ATM. Our partners at Consumer Reports say one bank is cutting these fees and much more. Washington Mutual Bank has decided its advertising campaign will be aimed at making fun of traditional banks by pointing out that they have done away with many of the standard banking fees while others are looking to charge more. Consumer Reports Money Adviser's Andrea Rock checked out the bank's offer and found that what sounds too good to be true is both true and good. "Washington Mutual is bucking the banking industry trend by charging fewer fees.
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