Archive for April, 2009

10-Q: AMES NATIONAL CORP – MarketWatch (press release)

10-Q: AMES NATIONAL CORP
MarketWatch (press release)


Banks have historically earned higher levels of net interest income by investing in longer term loans and securities at higher yields and paying lower deposit expense rates on shorter maturity deposits. If the yield curve was to flatten or invert in

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3 steps to financial security: Save, save, save

Question: What percentage of income should someone save in order to be considered financially responsible? I’m wary of spending now because of the bad economy, but I don’t know how much I should be saving on a monthly basis. –Lionel, San Diego, Calif.

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3 Perks Behind High Interest Checking Accounts – bankingMyway.com


At that rate, if you kept a balance of $5000 in the account for 1 year, you would only earn $8 in interest. However, some banks offer significantly higher interest rates. For example, in Illinois, Security Bank offers a rewards checking account with

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Chrysler: Signs of survival emerge

As the clock ticked down Wednesday on a government-imposed deadline for Chrysler LLC to prove its viability, expectations grew that the troubled automaker would survive.

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Ken Lewis out as BofA chairman

Bank of America chief executive officer Ken Lewis was ousted from his role as chairman of the bank after shareholders approved a proposal to require that the company have an independent chairman.

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