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Hoping to boost its profitability, Washington, D.C.-based Independence Federal Savings Bank (No. 14 on the B.E. Banks list with $150.9 million in assets) plans to acquire Colombo Bancshares Inc. of Rockville, Maryland in a stock deal valued at roughly $4.8 million.
After years of tweaking, Fair Isaac Corp. finally rolled out its revamped FICO score method. Aside from your Social Security number, your FICO score is probably the most important number attached to you. It’s used by credit card companies and financial institutions to determine how likely you are to pay your bills on time – and whether they will extend you credit. Even worse, some employers use the numbers when making hiring decisions.
“Lying proved to be one of the worst coping mechanisms I’ve ever chosen,” says Jayson Blair. Blair is the infamous New York Times reporter who resigned his position in May...
Ask Christopher Garlin and Regina Mincey-Garlin why their small real estate firm is thriving while major lenders and two billion-dollar hedge funds file for bankruptcy protection, and they credit their...
Released today, the Nationwide Insurance and Tavis Smiley Consumer Survey identified disturbing trends behind what blacks believe and how they react to financial planning and economic empowerment.
