Bill Moyers is back on-air, and he’s on WFPL. Moyers & Company is a weekly series the veteran journalist says will try to make sense of our tumultuous times, “for myself and hopefully for anyone who wants to keep me company.” The new series began with three broadcasts exploring inequality in America. Last week, we… Continue reading Moyers & Company Joins the WFPL News Lineup
A national effort to fight big banks led thousands of Kentuckians to move their money over the last month. The Bank Transfer Day movement encouraged Americans to withdraw their money from institutions such as JP Morgan Chase and Bank of America and put it in locally-owned banks or not-for-profit credit unions. The movement was driven… Continue reading Bank Transfer Day Creates Surge of Business for Credit Unions
A group of Louisville Metro Council members gave a final warning to delinquent property owners Friday. A list of owners who have not properly maintained or paid fines on their vacant properties will be published in the newspaper in about two weeks.
by Stephanie Crosby A new program called “Bank On Louisville” launched today. It combines the services of a number of local banks, financial education services, and social organizations to help people who are unable to get banking services. Estimates say about twenty-percent of Americans are unable to get basic checking accounts because of past banking… Continue reading Program Launched to Help the 'Unbanked'
by Stephanie Crosby New national rules go into effect tomorrow regarding overdraft protection services from banks. Some banks previously automatically enrolled customers in their overdraft protection service, charging a $35 fee to cover the costs of a debit or check purchase when the funds aren’t in the account. The new rule requires banks to ask… Continue reading New Overdraft Protection Rules Go Into Effect July 1
As General Motors emerges from bankruptcy, one dealer says no amount of restructuring will help sales return to previous levels.
With the federal stimulus package passed, Kentucky Congressman John Yarmuth says banking regulation will be the next major issue before the House.
Conservative business practices have protected most Kentucky banks from being damaged by the Wall Street financial crisis. That means they’re able and willing to extend credit to eligible customers.
Meanwhile, consumers in Kentucky and across the country are still facing higher prices for commodities and more difficulty getting loans from banks.
It seems we hear almost daily about a bank failing, or falling bank stocks and it seems a little scary out there. But most of us chose our bank based on recommendations from a friend, convenience or maybe just plain old blind luck. But what should you know before putting your money into, or taking it out of, a bank? And are there different types of banks? Just what does FDIC mean, and how do I make sure my bank won’t go under? Listen to the Show