Iowa First Bancshares Corp. Reports First Quarter Financial Results and Dividend Payment

MUSCATINE, Iowa–(BUSINESS WIRE)–Iowa First Bancshares Corp. (OTCBB: IOFB) today reported operating results for the three month period ended March 31, 2011. Consolidated net income totaled $804,000, a considerable improvement over net income of $668,000 for the same period last year. The increase in first quarter net income year-over-year of $136,000 or 20.4% continued the upward [...]

Iowa First Bancshares Corp. Reports First Quarter Financial Results and Dividend Payment

MUSCATINE, Iowa–(BUSINESS WIRE)–Iowa First Bancshares Corp. (OTCBB: IOFB) today reported operating results for the three month period ended March 31, 2011. Consolidated net income totaled $804,000, a considerable improvement over net income of $668,000 for the same period last year. The increase in first quarter net income year-over-year of $136,000 or 20.4% continued the upward [...]

Iowa First Bancshares Corp. Reports First Quarter Financial Results and Dividend Payment

MUSCATINE, Iowa–(BUSINESS WIRE)–Iowa First Bancshares Corp. (OTCBB: IOFB) today reported operating results for the three month period ended March 31, 2011. Consolidated net income totaled $804,000, a considerable improvement over net income of $668,000 for the same period last year. The increase in first quarter net income year-over-year of $136,000 or 20.4% continued the upward [...]

The Shrinking U.S. Banking Sector: On Balance, Who Benefits?

File not Found!!! This page may have moved when Knowledge@Wharton recently updated its website. We apologize for the inconvenience. We have been alerted to the missing page and will correct it soon. Thank you for your continuing interest in Knowledge@Wharton. Article source: http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=2763

Your Checking Account May Be At Risk

Many consumers assume the terms of their checking accounts, the most widely used financial services product in the U.S., are simple, at least compared to such other payment methods as credit cards. But a study from the Pew Health Group shows that consumers are lost about their checking accounts, resulting in unnecessary overdraft fees and [...]

Hidden Risks of Checking Accounts

Many consumers assume the terms of their checking accounts, the most widely used financial services product in the U.S., are simple, at least compared to such other payment methods as credit cards. But a study from the Pew Health Group shows that consumers are lost about their checking accounts, resulting in unnecessary overdraft fees and [...]

Cascade Financial Announces First Quarter Results with Improved Credit Quality Metrics

SymbolPriceChangeCASB0.420.00{“s” : “casb”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} EVERETT, Wash., April 26, 2011 (GLOBE NEWSWIRE) — Cascade Financial Corporation (“Cascade Financial”) (Nasdaq:CASB – News), the parent company of Cascade Bank, today reported financial results for the first quarter ended March 31, 2011, which included improvements in overall credit quality metrics and an increase in [...]

ANZ setback on bank fees case

Source: Herald Sun A WIN for angry ANZ customers in their $50 million class action against the bank over penalties and late fees. The Federal Court today ordered a preliminary trial in the matter to determine two central questions regarding the nature of exception fees levied by the ANZ to its customers. The customers allege [...]

Bank puts an end to the hated overdraft penalty

Print this Article Email this Article MINNEAPOLIS — TCF Financial Corp. says it will become the first large bank in the nation to stop charging fees of $35 or more every time customers overdraw their checking accounts, a move that analysts predict could mark the beginning of the end of overdraft fees. Before the end [...]

TCF shifts overdraft fee policy

WAYZATA, Minn., April 23 (UPI) — U.S. banking giant TCF Financial Corp. said it is shifting policies to reduce the number of “train wrecks” among consumers who overdraw checking accounts. Instead of charging $35 per overdraft incident, the bank said it would charge a single fee of $10 to $25 at the end of the [...]

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