So begins an email which, frankly, does not jibe with this writer's experience. As a barely employed teenager with hundreds of dollars to his name, U.S. Bank extended your correspondent a $3,000-a-month line of credit. (The bank teller literally frowned as this information flashed onto his screen.) The interest rate on this credit was quite high. This did not end well. The correspondent's mother eventually became involved, and had to 1) offer a settlement, and 2) offer some advice about preying on young people who don't know any better. Surely, that'd be the last time U.S. Bank was a dick to one of its customers. Reader: It wasn't. A few years later this writer was pretty poor, in between jobs and a college student, and had, on a few occasions, been hit with an "overdraft" fee by U.S. Bank. Attempts were made to convince the bank that if a bank account had insufficient funds, the ATM should simply decline the transaction, rather than 1) giving the money requested and 2) charging … [Read more...] about Got any ‘ideas’ for U.S. Bank?
Us bank mortgage pay online
"Wait, don't sign this. This is just a Columbia House membership." (iStock) When it comes to mortgages, there's an avalanche of advice out there — some good, some bad, and some that's flat-out great. You know, the type of wisdom that makes you so grateful you heard it, it sticks with you and gets passed along to all who care to hear it. With the hopes of delivering only these golden nuggets of wisdom, we asked homeowners to tell us the very best mortgage advice they've been lucky enough to learn. You won't be sorry you read this: Keep your monthly mortgage payment under one paycheck "This might seem pretty simple, but I was once told not to freak out so much about the total cost of the mortgage, but to make sure that when all is said and done, I could handle most if not all of the monthly payment in one paycheck. That has worked out really well for me and my husband, especially because we work in media, which is unstable. But with a low mortgage payment, we know that … [Read more...] about Homeowners share the best mortgage advice they’ve ever heard
Friday October 5, 2018 11:55 AM US stocks are falling further after the Labor Department said job growth remained solid in recent months and investors expect more increases in interest rates Written by By MARLEY JAY, AP Markets Writer NEW YORK (AP) — U.S. stocks are lower Friday as investors continue to worry about rising bond yields and interest rates. The Labor Department said the economy continues to add jobs at a strong pace, which makes it more likely rates will keep rising. The yield on the 10-year Treasury note has soared over the last three days and hasn't been this high since mid-2011. Bond prices are falling as investors sell them, but Wall Street is also concerned that spiking interest rates could eventually slow the economy. KEEPING SCORE: The S&P 500 index lost 18 points, or 0.6 percent, to 2,883 as of 11:45 a.m. Eastern time. The Dow Jones Industrial Average inched slid 203 points, or 0.8 percent, to 26,423. Technology companies and smaller, more … [Read more...] about US stocks slide as job gains send bond yields even higher
Transaction Would Result in Rockland Trust Having Over $11 Billion in Assets and the Largest Massachusetts Deposit Share and Branch Presence of Any Bank Headquartered in State ROCKLAND, Mass. and HYDE PARK, Mass., Sept. 20, 2018 (GLOBE NEWSWIRE) -- Independent Bank Corp. (NASDAQ Global Select Market: INDB) (“Independent”), parent of Rockland Trust Company (“Rockland Trust”), and Blue Hills Bancorp, Inc. (NASDAQ Global Select Market: BHBK) (“Blue Hills Bancorp”), parent of Blue Hills Bank, have signed a definitive merger agreement for Independent to acquire Blue Hills Bancorp and Rockland Trust to acquire Blue Hills Bank. /EIN News/ -- The merger agreement provides that each Blue Hills Bancorp stockholder will receive 0.2308 of a share of Independent common stock and $5.25 in cash for each share of Blue Hills Bancorp common stock. The transaction is intended to qualify as a tax-free reorganization for federal income tax purposes and to provide … [Read more...] about Independent Bank Corp. and Blue Hills Bancorp, Inc. Sign Merger Agreement for Rockland Trust Company to Acquire Blue Hills Bank