Recent Bank Posts

• Is a Bank Too Big To Fail?

  Written by Nicole No Comments Updated: April 8, 2013

  No matter how large a bank is, it can easily fail if it is not properly managed and regulated. The average CEO income for the largest banks is $28.8 million. While ordinary people feel that this amount of money is too much, the banking world finds that it is a reasonable amount. It is easy to see why Bernie Madoff and others were able to swindle millions of dollars from their clients and increase their own pockets. With bailouts and a crippling recession, many banks have failed. Small banks that have been around for 100 years have failed. Even larger banks have failed. So this makes us wonder, is your bank too big to fail?

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• What the New Minimum Wage Rate Means For You

  Written by Nicole 1 Comment Updated: April 8, 2013

  Tax payers are going to see a significant hit on their taxes in 2013. Not only are we paying for the new healthcare program, coined “ObamaCare”, the new minimum wage rates are another new tax. What tax payers do not realize is with the new minimum wage increasing, companies will increase their prices. Customers will pay more in total costs and other taxes will soon come down the line.

  The federal minimum wage is $7.25 per hour. This rate is higher in some states based on cost of living expenses. Individuals searching for jobs can find a minimum-wage paying job and can take home at least $1160 a month before taxes. This is a… » Read more
• Changing Your Life Insurance Policy

  Written by Nicole No Comments Updated: April 8, 2013

  Life insurance is necessary to provide for your family in the event of your death. While no one wants to consider their death, it is important that you consider what might happen to your family if you are not around to provide for them. Life insurance can be provided to you through your employer and you have other options that you can consider. It is important to know what you are looking for when buying life insurance.

  Watch Out For Agents

  You need to be careful about the real estate agents out there. Some of them are not providing their customers with valuable policies. In fact, they may approach you and ask you to cancel your existing… » Read more