Banking Blog Posts

Small banks botched public relations, outsider charges

July 23, 2010
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Bank reform wouldn’t have been so heavy-handed had small- and medium-sized banks gotten their act together, Mark Hills says.
 
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Will Indy homeowners abandon their mortgages?

July 21, 2010
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In other markets, homeowners who can afford their payments are making the ethical and financial calculus to hand the keys back.
 
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Nipping estate feuds in the bud

June 7, 2010
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A lawyer says too many parents withhold information about estate from heirs and unwittingly set up the heirs for a battle.
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Regulators ripped in Irwin Financial postmortem

May 5, 2010
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The Chicago Fed missed several chances to rein in explosive growth before the prominent bank failed. But the deeper question is, what was Will Miller thinking?
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Ranking the risk of Indy's biggest bank

April 28, 2010
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JPMorgan Chase is in the middle of the worst, a New York University prof says.
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City Securities chief likes Tea Party

March 30, 2010
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You know times have changed when the head of Indianapolis’ main investment bank can identify with the Tea Party movement.
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Gonzo BMW riders

March 9, 2010
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The biker who nearly ran you into the ditch just might be your friendly investment banker.
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Perils of non-family managers

February 25, 2010
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A former Toyota exec blasts non-family managers for the company’s problems. Are some Indianapolis-area companies better- or worse-off after families relinquished control?
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Contorting bank regulators

February 17, 2010
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A long-time bank observer says regulators are twisting into pretzels to avoid taking over Indiana institutions.
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Bank slogan gets acid test

November 23, 2009
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The banking crisis isn't the only reason to rethink the ubiquitous "We care" theme.
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Another year of bank migration?

October 16, 2009
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More than a year a year after the financial crisis began, businesses are still looking for new bank relationships.
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Will Miller's burden at Irwin Financial

September 16, 2009
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Will Miller, the fifth generation to run Irwin Financial Corp., is in danger of being the scion at the helm as the family business hits the wall.
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Bank-branch boom skirts inner city

August 17, 2009
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Itâ??s no secret banks are tossing up branches left and right. IBJ reported last month that banks consider branches as billboards to lure new customers, even while bank transactions move online. A new Associated Press analysis shows...
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Lessons from a small bank

May 4, 2009
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Sometimes one extreme sheds light on another extreme, and in a day when the nationâ??s financial system is under the microscope for making all manner of rotten loans, the experience of tiny Kentland Federal Savings & Loan Association might be...
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Obama and executive salary caps

February 5, 2009
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All things considered, there shouldnâ??t be a fuss about President Obamaâ??s plan to cap salaries of executives in companies that receive federal bailouts. Thatâ??s the take of Dan Dalton, an Indiana University specialist on corporate governance. Dalton points out that...
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Nearly free money on the way?

December 15, 2008
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The Federal Reserve this week is expected to drop the rate at which banks loan money to each other below 1 percent. That means interest rates on loans for just about everything, from cars to housing, eventually would fall further. The...
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A tiny Indiana bank and the bailout

November 18, 2008
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Newton County Loan & Savings bank couldnâ??t be more out of the way â?? or more relevant in this day of government bailouts. The thrift is in Goodland, a burg between Lafayette and Chicago, and has all of $7.3 million in...
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Odd behavior at Old National

April 8, 2008
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Lots of big news is swirling in banking circles these days, including what might become of financially challenged National City Bank. But a small piece of unusual news that unfolded yesterday is generating about as much talk locally. Old National...
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Who will win the banking wars?

February 4, 2008
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Itâ??s no secret that banks are in upheaval thanks to the subprime mortgage crisis and the domino affect mess itâ??s creating. In an IBJ story over the weekend, reporter Cory Schouten discusses the local grab for market share, as...
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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