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.

The student lending industry has experienced changes in recent years as the federal government made itself a direct lender, and many megabanks are slowly shying away from education loans. However, a new report from American Banker shows many community banks are considering entering this lending sector as student demand for affordable loans rises.