Unable to slow the growth of credit unions by protesting
their tax breaks and sponsor subsidies, banks are citing
other reasons to bolster their case that the competition
has an unfair edge.
Deposit-hungry community banks are turning to a new funding
tool called the Certificate of Deposit Account Registry Service.
The service says it can help smaller banks attract more jumbo
deposits from local customers.
It's not the latest jump in oil prices that takes
a toll on the economy but the uncertainty over what will
happen in the future. But getting a handle on such uncertainty
is a difficult task.