A larger number of community banks are offering commercial customers floating interest rates to remain competitive with larger institutions.

Some financial professionals have long called for implementation of the Volcker Rule, and a recent trading loss by JP Morgan has led to renewed calls for legislative action.

Credit unions are well-known for offering affordable products to consumers and small businesses, but there are also other financial benefits of becoming a member of a credit union.

Consumer's confidence in their economic outlook remained largely steady in April, after experiencing a moderate decline in March.

The mass exodus of customers from megabanks that took place on Bank Transfer Day has not slowed down in recent months, as evidenced by credit unions' growing membership and assets.

Economic volatility coupled with rising gas and food costs have created a tough financial condition for many families across the country. As many struggle to pay their bills and make ends meet, some argue that taking advantage of their banks' overdraft privilege service has helped them overcome rough times.

As more consumers rely on online banking and mobile platforms to conduct their financial transactions, banks and credit unions are implementing new strategies to stay connected to customers and continue building personal relationships.

April is financial literacy month, and many parents are focused on educating their children about smart money management and discipline following the economic meltdown.

April is officially community banking month, and the Independent Community Bankers of America have launched an awareness campaign that urges consumers to sign up for accounts with community banks.

Banks, groups and other institutions that provide non-cash reward programs and recognition to their employees and sales force tend to be more profitable than those that don't, according to the results of a new survey.