About 50% of home buyers do not bother to shop around for a mortgage when buying a home, according to a newly released report by the Consumer Financial Protection Bureau (CFPB).

Indeed, Americans seem penny wise and pound foolish when it comes to finances.

Consumers spend a lot of time looking for bargains for their daily purchases but spend little time for financial bargain hunting on larger matters.

American consumers sort through coupons, look for sales, and even look into which store gives them more bang for the buck. They will put enormous efforts into getting bargains for electronics, appliances, cars, and hotel rooms.

But the CFPB survey of recent mortgage...

Lakeland Financial Corporation is a bank holding company. The Company owns all of the outstanding stock of Lake City Bank (the Bank), which is a full-service commercial bank. The Bank has a wholly-owned subsidiary, LCB Investments II, Inc., which manages a portion of the Banks investment portfolio. The Banks deposits are insured by the Federal Deposit Insurance Corporation. The Banks activities cover all phases of commercial banking, including checking accounts, savings accounts, time deposits, the sale of securities under agreements to repurchase, commercial, real estate and agricultural lending, direct and indirect consumer lending, commercial and residential real estate mortgage lending,...

LONDON, UK, Jan. 20, 2015 (GLOBE NEWSWIRE) — via PRWEB – 17% of people borrowed to afford their Christmas

  • 15% of borrowers will still be repaying 2014s Christmas debt at Christmas 2015
  • 42% of people felt pressured to overspend on Christmas
  • Almost one third (32%) of people who felt pressured to overspend wished they could cancel Christmas because of the financial burden
  • The average amount spent on gifts was 230

Yesterday is commonly known as Blue Monday – the unhappiest day of the year. This is as a result of a combination of factors, such as failed New Years resolutions, the terrible wintery conditions confining...


article source

US Bancorp (US Bancorp) is a multi-state financial services holding company. US Bancorp provides a range of financial services, including lending and depository services, cash management, foreign exchange and trust and investment management services. It also engages in credit card services, merchant and automated teller machine (ATM) processing, mortgage banking, insurance, brokerage and leasing. The Company operates in five segments: Wholesale Banking and Commercial Real Estate, Consumer and Small Business Banking, Wealth Management and Securities Services, Payment Services and Treasury and Corporate Support. US Bancorps banking subsidiaries are engaged in the general banking business, principally...

“Since the offers can vary so widely, it’s critical to do your homework,” Schulz said.

The survey results are available here.

Opening another credit card can affect and hurt your credit profile, said Kevin Gallegos, vice president of the Phoenix operations for Freedom Financial Network, a company which helps consumers resolve debt issues.

Paying off the balance transfer on time is critical or you wind up with even more debt.

“If you do transfer a balance and cant pay it off, you end up adding more debt to the new or old card and are just digging a bigger hole,” he said. “Make a strong plan and commitment to pay off the debt...

Synovus Financial Corp. (NYSE:SNV) reported a drop of 5.7% or 279,822 shares in its short interest. The short figure came in at 3.4% of the total floats. The average daily volume of 1,275,086 shares suggests that the days to cover 4,641,427 short positions, as on January 15,2015, will be 4. On December 31,2014, the short interest was 4,921,249 shares.

Synovus Financial Corp. (NYSE:SNV) ended the session with gains of 0.39 points or 1.53%. With 1,584,634 shares having exchanged hands, the counter last traded at $25.96. The trading began at $25.3 and the stock went on to touch a high price of $26.06 and a low price of $25.2. The previous close of the shares is $25.57. The market cap of the company...

Cabelas Incorporated is a specialty retailer, and the direct marketer, of hunting, fishing, camping, and related outdoor merchandise. The Company provides service to its customers who enjoy an outdoor lifestyle by supplying outdoor products through its multi-channel retail business consisting of its Retail and Direct business segments. As of the end of 2012, the Companys retail business segment consisted of 40 stores, including the six stores, including Wichita, Kansas; Tulalip, Washington; Saskatoon, Saskatchewan, Canada; Charleston, West Virginia; Rogers, Arkansas, and Outpost store in Union Gap, Washington. As of December 29, 2012, the Company has 37 stores located in the United States...

US Bancorp (NYSE:USB) (TREND ANALYSIS) announced actual earnings per share of $0.77 against the consensus Street estimate of $0.76, for the fourth quarter of fiscal 2014, on January 21st 2015. This represents a year-on-year increase of $0.01 compared to the same quarter of the previous year. US Bancorp posted revenue of $5.01 billion versus estimate of $4.89 billion. The stock closed last trading session at $41.21, with a volume of 12,682,056 shares against an average volume for the last 3 months of 6,811,550.

Stock Performance: Click here for a free comprehensive Trend Analysis Report

US Bancorp (NYSE:USB) is currently trading 10.61% below its 52-week-high, 8.16% above its 52-week-low....

HUNTINGTON, W.Va. — Individuals and families have several opportunities to have their taxes completed for free.

The Financial Stability Partnership of the River Cities’ Volunteer Income Tax Assistance (VITA) program kicked off Jan. 22.

Families with a household income below $60,000 are eligible for free tax preparation and may be eligible for an earned income tax credit of up to $6,143, even if no taxes are owed. You must bring: a photo ID; a social security card for you, your spouse and all dependents; all W2s, 1099 forms and any other tax information. There are no exceptions to these requirements.

VITA locations, dates and times are as follows:

CABELL...