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Personal Financial Stimulus Package
As Personal Savings Rise to 5%, Consumers Could be Making Up to 6% APR
According to the U.S. Commerce Department on Wednesday, the personal savings rate surged to 5% in January. As consumers frantically try to save their money as the economic outlook continues to look... December Data Confirms Community Banks Winning Battle for Deposit
Deposits in REWARDChecking accounts jumped another $183 million in December. Demand deposit accounts are now being offered by 477 community financial institutions across the country, an 82% increase in the network from a year ago. Follow link for the data study report. ... Consumer’s Interest High at Community Banks
It took $4 gasoline to get folks to think about their driving habits. Similarly, it looks like a meltdown of the megabanks and other financial institutions is prompting consumers to think about where they are putting their money, who they can trust and what results they...
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