Latest Federal Reserve System Stories
WASHINGTON, June 13, 2013 /PRNewswire-USNewswire/ -- The Office of the Comptroller of the Currency announced today that it is publishing on its Web site a new booklet that shares the agency's perspective on the best practices that distinguish high-performing community banks. The booklet, "A Common Sense Approach to Community Banking," was previously distributed to national banks and federally chartered thrifts. It is now available on the OCC's Web site, www.occ.gov. "There are a...
Parker Waichman LLP is investigating a potential class action lawsuit on behalf of consumers – primarily the elderly – who have allegedly been victimized by fraudulent telemarketers in concert with middle men known as payment processors. Also involved are banks – from giant national operations to smaller regional players – that have allegedly helped facilitate the theft of billions of dollars each year, according to The New York Times. New York, NY (PRWEB) June 12, 2013 National...
CLEVELAND, June 12, 2013 /PRNewswire/ -- KeyBank is making banking more convenient for all clients - commercial and consumer - to manage money while on the move with an expanded suite of mobile banking services. "We're seeing double-digit growth in our clients' use of consumer mobile banking, and we know our commercial clients have increasing interest in mobile," said Matthew D. Lehman, head of KeyBank's Community Bank online and mobile banking. KeyBank's mobile banking use increased...
TheStreet and RateWatch Report Top CD Rate Issuers NEW YORK, June 11, 2013 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today the average 2- and 5-year CD rates dipped incrementally as national averages generally remained unchanged at record-low levels. The average 5-year CD rate has dropped about 0.10 percentage points since the beginning of the year as it is now at 0.8%. (Logo:...
DALLAS, June 10, 2013 /PRNewswire/ -- Securus Technologies, Inc., a leading provider of inmate communications services, today announced it has launched text notifications, TextPay, and AutoPay, the newest free features to help friends and family members stay connected with their incarcerated loved ones. (Logo: http://photos.prnewswire.com/prnh/20100831/DA57799LOGO) AutoPay allows customers to automatically fund their prepaid AdvanceConnect calling account with a preset amount...
AAPT has been honored with the ability to offer federal financial aid to their incoming students. This allows a much broader population of future personal trainers the ability to have access to the highest quality personal training education. New York City, New York (PRWEB) May 30, 2013 The American Academy of Personal Training (AAPT) received the distinguished honor of providing Title IV funding from the US Department of Education, which enables men and women to apply for low-cost...
VIENNA, Va., May 20, 2013 /PRNewswire-USNewswire/ -- Navy Federal Credit Union is sharing financial advice for members and U.S. federal government employees facing a loss of income due to sequestration. (Logo: http://photos.prnewswire.com/prnh/20080117/DC11807LOGO-b) "Being prepared as early as possible and making sure your finances are in order can help you adjust to a reduced paycheck," says Claudia Warszawski, personal finance manager at Navy Federal. "It's so important to...
Sixth Consecutive Quarter of Positive Adjusted EBITDA NORCROSS, Ga., May 9, 2013 /PRNewswire/ -- Official Payments Holdings, Inc. (Nasdaq: OPAY), a leading provider of electronic payment solutions, reported results today for its fiscal year 2013 second quarter (Q2 fiscal 2013). The Company is hosting a call/webcast today at 5:00 p.m. EDT to review its results: Conference Call Dial-In: 888-790-2049 Participant code - "OPAY" Webcast/Replay:...
Public, Private, Non-profit Leaders Create New Opportunity for Cities BOSTON, May 3, 2013 /PRNewswire/ -- Public, private, and non-profit leaders across Massachusetts are teaming up to help resolve economic issues in smaller cities - and they're challenging leaders in those communities to do the same. (Logo: http://photos.prnewswire.com/prnh/20130503/NY07011LOGO) Joined by representatives from 20 Massachusetts communities, Federal Reserve Bank of Boston President Eric Rosengren,...
ALEXANDRIA, Va., May 1, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of an $11 million round of debt financing for CardioFocus. The credit facility was awarded to CardioFocus from both Oxford and Silicon Valley Bank. Funds will be used to increase the company's available capital to fund growth, while it expands its international commercialization...
