Home » Archives by category » Banking & Finance (Page 47)

More turn to Internet for debt management

Comments Off

It appears more consumers are turning to the Internet to service their credit card accounts.
In the first quarter of 2005, the number of people who manage their credit card accounts online grew 28 percent, compared to the same period in 2004, according to ComScore Networks, an Internet monitoring and research company. Continue Reading More turn to Internet for debt management

Continue reading …

Credit counselors’ New Year’s resolution tips

Comments Off

Many Americans will be dreading their first look at credit card statements after this year’s holiday season, but credit counselors are offering advice to make the recovery effort less painful.
Here’s the list of the steps they suggest consumers should follow: Continue Reading Credit counselors’ New Year’s resolution tips

Continue reading …

First Community Bank to open second branch

Comments Off

With business loans of about $200 million and a single downtown location, First Community Bank is poised to extend its lending reach with a second location in 2006.
The bank received approval this month to open a branch near the intersection of Union and Academy boulevards, said First Community Bank Regional Vice President Doug Woods. Continue Reading First Community Bank to open second branch

Continue reading …

2005 TABOR surplus not enough for breaks

Comments Off

Accountants at Biggs Kofford did a double take last week when they saw that tax planning information on the Colorado Department of Revenue Web site had changed.
Relying on information they had initially received from the DOR, accountants from the firm released information notifying taxpayers that excess revenue collected under the state’s Taxpayer’s Bill of Rights would not only mean they were entitled a refund from the state but also an opportunity for tax breaks in the form of the expanded Colorado source capital gain subtraction, charitable contributions subtraction, interest and dividend subtraction and the child care or child tax credit. Continue Reading 2005 TABOR surplus not enough for breaks

Continue reading …

Virtual seminar offers retirement plan tips

Comments Off

Retirement planning information just established a new address on the information superhighway.
As an alternative to the typical wealth building or retirement planning seminar during a dinner hosted at a local hotel, Legacy Advisors of Colorado Springs is offering another route to become educated about retirement planning options. Continue Reading Virtual seminar offers retirement plan tips

Continue reading …

Credit checks will have access to medical info

Comments Off

The federal bank, thrift and credit union regulatory agencies have issued an amendment to the Fair Credit Reporting Act that allows inquiries into medical information to determine credit eligibility.
The amendments, which become affective April 1, will also allow credit affiliates to share medical information. Continue Reading Credit checks will have access to medical info

Continue reading …

Banks push spending to encourage saving

Comments Off

There has been a lot of talk lately about Americans saving less money these days, and by some accounts the nation’s personal savings rate is at its lowest point since the Great Depression of the 1930s.
Experts say this is a problem because it’s leaving Americans ill-prepared for emergencies and retirement, and building potential for a financial crisis down the road. Continue Reading Banks push spending to encourage saving

Continue reading …

U.S. Bank’s Wahsatch branch lobby re-opens

Comments Off

It was déjà vu come true for U.S. Bank this week as officials re-opened the lobby of the branch at Pikes Peak and Wahsatch.
The lobby has been closed to walk-in business since the late 1990s, when banking traffic at the location took a dive, said Lana Yeakel, president of U.S. Bank downtown. Continue Reading U.S. Bank’s Wahsatch branch lobby re-opens

Continue reading …

Ent teams up for $1B housing aid program

Comments Off

Ent Federal Credit Union is one of four credit unions in Colorado participating in a nationwide program to help first-time homebuyers. Continue Reading Ent teams up for $1B housing aid program

Continue reading …

Rival warmly welcomes new bank on the block

Comments Off

U.S. Bank welcomed Academy Bank to the downtown neighborhood last week with a practical joke.
Unidentified officials from U.S. Bank posted a sign on the boarded windows of Academy Bank’s soon-to-open downtown branch, which is still under construction, that read “Construction funded by U.S. Bank.” Continue Reading Rival warmly welcomes new bank on the block

Continue reading …