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Banking & Finance

Great Lakes Credit Union names four new executives

Daily Herald Report
Sep 20, 2019 9:45 AM - Great Lakes Credit Union announced it has named Fred Campobasso, Christopher Visocnik, Jody Larabee and Ralph Czechowski to executive positiions.
Discover hits $1B milestone in home equity loans

Sep 20, 2019 9:45 AM - Discover Home Equity Loans has reached a milestone by exceeding $1 billion in total loan balance and doubling origination volume each of the last two years.
Gasoline pump prices in U.S. set to jump after Saudi attack

By Jeffrey Bair and Ari Natter
Sep 17, 2019 7:54 AM - An increase of 15-30 cents per gallon in average U.S. pump prices is likely during the repairs in Saudi Arabia, an analyst said.
Think your credit card is safe in your wallet? Think again.

By Mary Hadar
Sep 15, 2019 6:00 AM - While microchips in credit cards have sharply reduced fraud in transactions that take place in stores, mobile and online transactions have become the low-hanging fruit of criminal opportunity.
Analysis: U.S. recession indicators haven't made up their minds

Reade Pickert
Sep 15, 2019 6:10 AM - Yes, manufacturing is slumping, uncertainty is mounting globally and businesses are paring spending as global demand slows and the U.S.-China trade war rages. But unemployment near a five-decade low is buoying consumers, stock prices remain elevated and the Federal Reserve is already cutting interest rates.
U.S. consumer borrowing posts biggest gain since late 2017

By MARTIN CRUTSINGER
Sep 15, 2019 6:00 AM - Consumer borrowing surged in July at its fastest pace since late 2017, driven by a big jump credit card use.
AmEx says 70% of its new credit card customers pay annual fees

Jenny Surane
Sep 15, 2019 6:00 AM - Annual fees aren't scaring customers away from American Express Co.'s credit cards.
Self-employed and trying to get a mortgage? Here's what you need to do to qualify.

Michele Lerner
Sep 15, 2019 6:18 AM - Self-employment can be alluring for many reasons, but it can make borrowing money to buy a home more complicated.
Discover names new CFO

Sep 14, 2019 1:00 AM - Discover Financial Services announced John T. Greene, a financial executive in the banking, insurance and pharmaceutical industries, has been named executive vice president, chief financial officer and a member of the company's executive committee, effective Sept. 18.
Average FICO credit score hits new high

Sep 14, 2019 1:00 AM - The widely used FICO credit score ranges from a low of 300 to a high of 850. A high score - along with other financial factors - can place you in a tier that results in the best lending deals. But high scores beyond a certain threshold are pretty much equal.

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