Banking Basics

Banking Banking is a subject that, if knew to the terminology and processes involved with it, can be a bit overwhelming. There are seemingly endless list of choices and possibilities when it comes to getting involved with banking. Just choosing one bank among the many available can be a daunting task. Add in different account [...]

Advantages and Disadvantages For Internet Banking

Banking If you belong to the generation that feeds on technology then Internet banking shouldn’t at all be an issue for you. The Internet for you is the place to get things done quickly without actually going out. Banking is one of these things. For those who are a bit older, the concept of not [...]

Wholesale Banking – Banking For Merchant Banks And Other Financial Institutions

Banking Wholesale banking is often defined as banking services which are provided between merchant banks and other financial institutions. Although, wholesale banking is also a term referred to the wide range of financial services that are provided by financial institutions to various businesses and corporations as well as the government. Retail banking and wholesale banking [...]

Appeal Court Rules That The Office Of Fair Trading Does Have The Power To Investigate Bank Charges 26Th Feb 2009

Banking The appeal by eight banks against the decision of the High Court regarding whether or not the OFT have the authority to deal with the fairness of bank charges has been thrown out. The judges also told the banks that they could not take the case to the Lords for a further appeal but [...]

UK Waits in Trepidation for the Coming of the "toxic Bank"

Banking A plan that has been hovering in the breeze for the last few days to establish a bank to handle the billions of pounds of worth “toxic debts” is expected to be announced today.  Continuing the trend of “state-owned” banks and interventions to try and breathe some life into a very ailing economy, the [...]

Community Banks – Are They the New Come Back?

Banking Just a few years ago, bigger was better in the banking industry.  Big banks with scores of branches meant safety and stability – just like the Roman Empire.  But that empire has been tumbling down.  Large banks are on the edge of insolvency and the Federal Deposit Insurance Corporation (FDIC) is cracking down on [...]

Is Banking Account Online Really Safe?

Banking The history of banking dates back to the ancient times; in fact, the earliest banks were the ancient religious temples. People then stored their golds and other precious belongings in the temples because these places were strongly built, were always guarded, and most of all, were sacred. In ancient Greece, financial transactions were also [...]

Offshore Bank Account Tips & Issues

Banking Are you looking for a personal offshore bank account. Maybe you are looking for a corporate offshore bank account. Generally speaking, any bank account opened outside of one’s native country can be considered an offshore bank account. The appeal of an offshore bank account is much more apparent during tax time, when assets and [...]

The Advantages of International Internet Banking

Banking The process of Internet banking is much similar to conventional banking. The major difference is that online bank is more convenient and processes take place by means of your computer and an Internet connection. Account and details is accessed, payments are made, and statements are reconciled online. Internet banks have been competent in giving [...]

Bristol County Savings Bank reports continued growth at Annual Meeting

Banking DATELINE: TAUNTON, MA… At Bristol County Savings Bank’s recent Annual Meeting Bank President E. Dennis Kelly, Jr. noted that fiscal year 2008 was another challenging, but successful year. Beacon Bancorp and it’s subsidiary, Bristol County Savings Bank closed the year with $10.5 million in operating income before security transactions and taxes. This was a [...]