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Federal Law Brings Changes in Overdraft Fees
Posted on January 22nd, 2010 No commentsA check of local banks that provided information to the Wisconsin State Journal found a number of modest fee changes that some customers will face because of a change in federal law related to overdraft fees. Mike Petta, manager of the Verona branch of Capitol Bank, said he thinks smaller banks are trying to hold the line on fees. Read the article.
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Bank Mutual Earnings Down 76%
Posted on January 22nd, 2010 No commentsBrown Deer, Wis.-based Bank Mutual Corp. reported fourth-quarter profits had dropped 76 percent as it increased loan-loss reserves. Bank Mutual posted net income of almost $1.5 million, or 3 cents a share, down from $6.2 million, or 13 cents, in fourth quarter 2008, according to the Milwaukee Journal Sentinel.
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Beware of Phony Census Takers
Posted on January 22nd, 2010 No commentsWould-be identity thieves may pose as U.S. Census representatives to obtain personal financial information, like bank account and credit card information, Social Security numbers and passwords. Legitimate questionnaires and representatives don’t request this data, the Fond du Lac Reporter reminded readers.


