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Securant Bank Execs Tout iPhones in Video
Posted on April 13th, 2010 No commentsApple’s web site is now featuring a two-minute video highlighting how the president, IT manager and marketing managers of Menomonee Falls, Wis.-based Securant Bank & Trust executives use their iPhones to run some of the bank’s functions when they can’t be in the office, the Small Business Times of Milwaukee reports.
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Banks Develop Opt-In Overdraft Programs
Posted on April 13th, 2010 No commentsAssociated Bank, Bank Mutual and U.S. Bank are now working to develop opt-in overdraft programs by the July 1 deadline. Last November, the Federal Reserve Board ruled that financial institutions may no longer charge customers fees for overdrafts on one-time debit card purchases and ATM withdrawals unless the customer consents to an overdraft service. Read more in the Small Business Times of Milwaukee.
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Treasury Auctioning TARP Warrants
Posted on April 13th, 2010 No commentsThe U.S. Treasury Department plans to auction warrant positions in PNC Financial Services Group Inc., Wells Fargo & Co. and four other financial institutions that received government investments through the Troubled Asset Relief Program’s (TARP) Capital Purchase Program. The warrants will be sold over the next six weeks via public offerings. Read more in the Business Journal of Milwaukee.