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Even worthy borrowers can't get mortgages: Bernanke
May 11, 2012 at 09:56 | Source: Reuters
Banks have become so restrictive in making mortgages that many worthy home buyers are being frozen out of the US housing market, and lending practices are not likely to loosen any time soon, Federal Reserve Chairman Ben Bernanke said on Thursday.
2012: Year of savings rate war?
Dec 24, 2011 at 11:24 | Source: Moneycontrol.com
The year 2011 marked the beginning of a savings rate war with private sector lender, YES Bank leading the pack. Savers can now earn as high as 7% interest on their idle money on savings account held in the bank. It is easy for banks with smaller deposit base to hike savings rate a bit aggressively.
Savings rate freed: How does it affect you and your bank
Nov 05, 2011 at 13:19 | Source: Moneycontrol.com
Immediately after the Reserve Bank of India (RBI) de-regulated savings rate, private sector lender Yes Bank was the first one to hike its savings deposit rate by 200 basis points to 6%. Its peer banks Kotak Mahindra Bank and IndusInd Bank joined the bandwagon in the next two days. So, are you planning to shift your savings account?
Federal Bank not to jump into savings rate hike war
Nov 03, 2011 at 14:20 | Source: Moneycontrol.com
Instead of jumping into the rate hike war, Kerala-based Federal Bank is in no hurry to increase its savings deposit rates. Rather, they may be planning to improve customers' service. This is despite the fact that its peer banks already upped savings deposit rates by 150-200 basis points.
RBI ups repo rates again; home,auto loans set to get dearer
Oct 25, 2011 at 14:17 | Source: PTI
The Reserve Bank of India on Tuesday chose to continue with its tight monetary stance and raised interest rates by 25 basis points-- 13th time since March, 2010-- to tame inflation, even as it lowered the growth target to 7.6 per cent for the current fiscal.
US consumers get swiped in debit fee crackdown
Oct 01, 2011 at 02:45 | Source: Reuters
A US government crackdown on debit card "swipe fees" is unlikely to benefit consumers' wallets, as banks seek makeup fees and retailers take the savings down to their own bottom line.

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Federal Home Loan Bank of Atlanta Opens Application Submissions for 2012 Affordable Housing Grants
ATLANTA, May 1, 2012 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta ... its shareholders and customers--are commercial banks, credit unions, savings institutions, community development financial institutions, and ...
May 28, 2012 at 09:48 | Source: Yahoo Finance
NASB Financial, Inc. Announces Consent Order
all supervisory functions of OTS relating to federal savings associations were transferred to the OCC on July 21, 2011. As a result, the OCC assumed the responsibility for ongoing supervision and regulation of the Bank. The legislation continued all OTS ...
May 25, 2012 at 20:00 | Source: Business Wire
Home Federal Bancorp, Inc., Declares Quarterly Cash Dividend
Home Federal Bancorp, Inc., is headquartered in Nampa, Idaho, and is the parent company of Home Federal Bank, a community bank originally ... to realize related revenue synergies and cost savings within expected time frames and any goodwill ...
May 23, 2012 at 20:02 | Source: Yahoo Finance
Federal Home Loan Bank of Seattle Announces New Appointment to Board of Directors
The Federal Home Loan Bank of Seattle (Seattle Bank ... Mr. Bobbitt served as president of Sterling Savings Bank from 2004 – 2006, overseeing the bank’s 150 branches and two Sterling subsidiaries, Action Mortgage Company and Harbor Financial.
May 15, 2012 at 19:00 | Source: Boston Globe
Geauga County land transfers
Federal Home Loan Mortgage Corporation sold a home at 765 Auburn Lake Drive to Karen Hattendorf for $135,000. Geauga Savings Bank sold a home at 9911 Washington Street to Tony and Denise Suglia for $215,000. Elizabeth F. Tonelli sold a home at ...
May 25, 2012 at 13:40 | Source: News-Herald.com
UPDATE 1-Detroit names CFO to help steer city's turnaround
Martin, who began his career at General Motors and is the former head of Home Federal Savings Bank of Detroit, was appointed by Detroit Mayor Dave Bing. He will be paid $220,000 annually. During a press conference, Martin said his main focus ...
May 10, 2012 at 19:42 | Source: Reuters
Fifth District Savings Bank Selects Jack Henry Banking(TM) to Provide Enterprise-Wide Automation
About Fifth District Savings Bank Established in 1926, Fifth District Savings Bank is a federal mutual savings association ... their savings and to reinvest their deposits primarily in home mortgage loans which enable its borrowers to buy, build, and ...
May 18, 2012 at 12:23 | Source: ThomasNet Industrial News Room
CDs and Savings Accounts, Low Return Until the End of 2014
The Federal Open ... the national average savings account rate is at .10%. These rates are average rates and you can find rates a little higher than the averages, or considerably higher than the FDIC's national average rates. CIT Bank has one of the ...
May 17, 2012 at 13:57 | Source: MonitorBankRates.com
Citizens South to become part of Charlotte bank (updated)
Citizens South is the old Gaston Federal Savings & Loan, which later became Gaston Federal Bank. The Gastonia location will be home to all mortgage processing operations for the combined bank, according to Price, and other divisions could also ...
May 14, 2012 at 21:03 | Source: Gaston Gazette
East Jefferson Real Estate Transfers
Albany St. 3041: Home Bank Guaranty Savings Bank to Wells One Investments LLC ... Dawson St. 3004: Reve Inc. to Noel Everson, $228,750. Holy Cross Place 212: Federal National Mortgage Corp. to Valian R. Duong, $86,000. John Hopkins Drive ...
May 25, 2012 at 23:06 | Source: nola.com

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