MyBankTracker.com

Bank of America Facing Lawsuit for Home Invasion and…Parrot Theft?

MyBankTracker.com — Sat, 13 Mar 2010 17:26:03 +0000

Bank of America has apologized for a foreclosure process gone wrong, in which contractors hired by the bank allegedly entered a borrowers home, padlocked the door, and repossessed a pet parrot. What We Have Here is A Failure to Communicate According to an article in the Wall Street Journal Online, Bank of America said that the contractors [...]

The Park Avenue Bank Fails, Becomes Second New York Bank Failure This Week

MyBankTracker.com — Fri, 12 Mar 2010 22:56:20 +0000

Following the failure of LibertyPointe Bank yesterday, the FDIC has announced another New York bank failure, The Park Avenue Bank, bringing the 2010 bank failure total to 28. The Park Avenue Bank The bank, which has 4 branches and an estimated $520.1 million in assets as of last year, was closed by the New York State Banking [...]

Oliver Stone And Michael Douglass Team Up for ‘Wall Street’ Sequel

MyBankTracker.com — Fri, 12 Mar 2010 19:58:34 +0000

In 1987, Oliver Stone helmed Wall Street, a financial opus about the all-too-real mantra “Greed is good.” Now, more than twenty years later, the sequel, Money Never Sleeps, has been slated for release in September of 2010. A Timely Release The sequel will see Michael Douglas reprise his Oscar-winning role as Gordon Gekko, a stockbroker who [...]

Valley National Bank Takes Over as LibertyPointe Bank is Closed by State Regulators

MyBankTracker.com — Fri, 12 Mar 2010 16:46:01 +0000

Bank failures are usually announced at the end of the day Friday, but this week state regulators were ready to go Thursday evening, with the announcement of the 27th bank failure of 2010, LibertyPointe Bank. LibertyPointe Bank The bank, which has three branches located in New York, NY and estimated total assets of $209.7 million as of [...]

Unemployment Benefit Claims and the Census

MyBankTracker.com — Fri, 12 Mar 2010 13:38:55 +0000

The labor market’s recovery remains slow as hiring continues to drag down the process. Additionally, the number of Americans who filed continuing claims for unemployment benefits spiked last week, increasing by 37,000 people. Continuing Claims A continuing claim is one filed each week after the initial benefit week, until the end of a standard benefits period [...]

ING Direct CEO Speaks About Company Innovation and 100,000 Monthly Open Accounts

MyBankTracker.com — Fri, 12 Mar 2010 13:32:03 +0000

ING Direct CEO Arkadi Kuhlmann spoke earlier this week at the Prepaid Expo in Las Vegas, comparing his company to other innovators like Southwest Airlines and Google. “Start with a Clean Sheet” Kuhlmann said that the goal for ING Direct was to become a retailer, not a bank. Rather than focus on creating a large number [...]

New Website Puts Hollywood Box Office On the Market

MyBankTracker.com — Fri, 12 Mar 2010 13:20:40 +0000

A new venture by Cantor Fitzgerald is set to allow studios, institutions, and moviegoers the opportunity to place bets on Hollywood’s box office releases. What has long been a parlor game and has recently become an Internet hobby has been co-opted by the futures market. The box office might soon start producing paydays for [...]

Bank of the West $100 Checking Bonus Updated to Include New States

MyBankTracker.com — Thu, 11 Mar 2010 20:57:36 +0000

Bank of the West has once again extended their $100 checking bonus offer, this time until April 14, 2010. How to Claim Your Bonus To earn the $100 bonus you will need to all complete one of the following requirements: Open any new personal checking account, Establish one monthly recurring direct deposit of at least $250 to [...]

$50 Checking Bonus From Wells Fargo – Select States

MyBankTracker.com — Thu, 11 Mar 2010 20:51:25 +0000

Wells Fargo, one of America’s biggest banks and also the most popular on the west coast, is offering new consumers a $50 bonus when they open a new checking account by 5/31/2010. To qualify for Wells Fargo’s $50 bonus, you must open and fund a new personal Wells Fargo checking account with a minimum opening deposit [...]

Buxter: Banking on the Facebook Credit System

MyBankTracker.com — Thu, 11 Mar 2010 18:31:25 +0000

Peer-to-peer payment services seem to be the next big thing, with companies like Blippy and Square trying to find new ways for people to transfer their money outside of traditional banking channels. Buxter is a Facebook application that allows users to send US dollars and Euros to their friends on the social networking site. It [...]