Steadfast Finances

 Banking, Online Savings Accounts, Personal Finance Tips         4 comments

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As a young professional who came of age during the Internet boom, I was among the first wave of consumers to adopt the Internet banking meme. At that time, it was no where near mainstream and was generally considered to be another dot com fad.

Fairly quickly, the Internet banks began …

 Banking, Lessons Learned, Peer to Peer Lending         3 comments

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Banking is supposed to be boring. There, I said it.
I’m not a banker, nor will I likely ever be one in the future (unless my P2P lending plan works out supremely well), but as I’ve mentioned several times, banking is all about the boring ol’ 3-6-3 rule.
Bring in deposits …

 Banking, Business Trends, Peer to Peer Lending         7 comments

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Now this is how you run a solid, old fashioned type of bank. CNBC interviewed a small, community bank CEO (Frank Sorrentino) from North Jersey Community Bank today, and if I was ever fortunate enough to run a bank, this is how I would hope to get it done.
The old …

 Banking, Online Savings Accounts         4 comments

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Apparently, there is one positive to be found amid the constant news coverage of the Doom & Gloom outlook for the U.S. economy and our retirement funds losing 40% of their value… we have finally been scared into submission!
I say this because ING Direct, the web’s largest internet bank, is …