Bang for Your Buck: Best Banks of NYC for the Average New Yorker

Written by NYPress on August 14, 2012. Posted in Best of Manhattan, Lifestyle

Where you choose to store your money is ultimately a personal decision, and will rely on a number of personal factors and individual needs, but below I’ve reviewed the pros and cons of a couple NYC personal banking options. Bank of America Bank of America has been around for a long time, and you can’t
[ read more... ]

Be the first to comment on this post

Helping Cabbies Pick Up Their Finances

Written by Alan Krawitz on July 19, 2012. Posted in News Our Town, Our Town, Our Town Downtown, Special Sections

Helping the city’s new immigrants make their American dreams come true is a special mission that two New York City credit unions, LOMTO and Melrose, take very seriously. The LOMTO Federal Credit Union, with more than $200 million in assets and locations on the Upper West Side and in Queens, began life with a very
[ read more... ]

Be the first to comment on this post

Big Banks Are Thinking Local

Written by Rebecca Harris on July 19, 2012. Posted in News Our Town, Our Town, Our Town Downtown

With the economy still struggling and the Occupy Wall Street movement continuing to urge supporters to boycott mainstream financial institutions, major banks are facing more pressure than ever to maintain the trust of customers in the local communities they serve. Campaigns such as the Move Your Money Project, Move Our Money USA and others have
[ read more... ]

Be the first to comment on this post

Smaller Is Better, Community Banks & Credit Unions Say

Written by Alan Krawitz on July 19, 2012. Posted in News Our Town, Our Town, Our Town Downtown

Fueled by the financial crisis and prolonged economic downturn, increasing numbers of New Yorkers have been turning to financial institutions other than large commercial banks in an effort to obtain better rates on loans, higher account yields and relief from the seemingly endless string of fees that traditional banks rely upon to boost profits for
[ read more... ]

Be the first to comment on this post

Posts Tagged ‘banking’