Each quarter, The Daily Transcript explores different issues affecting San Diego's businesses and monitors the constantly changing business environment. We'll also take a look at personal finance issues and options, stock market issues and various financial undertakings.

  • The globalization of the U.S. banking industry

    Following the overall economic trend of the past several decades, the banking industry has become increasingly global. U.S. banks insured by the Federal Deposit Insurance Corporation (FDIC) have steadily grown their international operations over time, while foreign banks also have expanded their profile in the U.S. marketplace.

  • North Island Credit Union offers superior performance and organizational excellence

    The California Council for Excellence (CCE) recently awarded North Island Credit Union the Governor's Award for Performance Excellence. The Governor's Award is reserved for top California Awards for Performance Excellence (CAPE) program recipients that demonstrate consistently superior performance results and organizational excellence in accordance with the national Malcolm Baldrige criteria.

  • Local community bank is first in nation with mortgage product

    Pacific Trust Bank, headquartered in Chula Vista, announced its newest product, the "Green Account," which merges the service features of mortgage, line of credit, checking and savings products into one customer account relationship.

  • Educational partnerships are a win-win for schools and community

    Whether or not you have children in the local school system, it's hard not to notice that times are definitely changing for education. Gone are the school cakewalks and simple candy bar fundraisers to help finance a school field trip to the zoo. Today our teachers are struggling for the lack of basic school supplies and one local credit union is answering the call for help by partnering with school districts throughout San Diego and Riverside counties.

  • Remedying the effects of identity theft

    Identity theft occurs when someone uses your name, Social Security number, date of birth or other identifying information, without authority, to commit fraud. For example, someone may have committed identity theft by using your personal information to open a credit card account or get a loan in your name.

  • Five financial myths that affect women

    Saving for retirement is important and it's something you should start doing at a young age so you can enjoy your golden years.

  • Regents Bank's entrepreneurial spirit spells success for business clients

    Regents Bank was started by a group of bankers in 2001 to serve the financial needs of locally-based small and mid-size businesses. Though still young, the privately-held bank has been embraced by the business community.

  • Cashing in on the real estate boom

    Not a week goes by without a client talking about the skyrocketing prices of real estate. While these clients are anxious to "take the money and run," nobody is very excited about paying the capital gains taxes.

  • Successful broker-dealer touts value of "keystone" concepts in improving CU investment program performance

    In much the same way that athletes must master the fundamentals of their sport in order to take their game to the next level, credit unions offering investment programs must do the same if they want to be successful, says an executive for a full-service broker/dealer that provides such programs exclusively for credit unions.

  • Smart strategies to get out of the red

    When most people think about credit card debt, they picture struggling college students and young couples trying to make ends meet.

  • More and more security breaches turn out to be inside jobs

    CHARLOTTE, N.C. (AP) - When two of the nation's largest banks were forced to notify thousands of customers that their financial records may have been stolen, there wasn't a hacker, a missing laptop or a lost box of backup computer tapes to blame.

  • House panel passes first pension overhaul in a decade

    A U.S. House panel approved a measure overhauling the laws governing U.S. defined-benefit pension plans, the first such proposal in more than a decade.

  • The upside of identity theft

  • Luce Forward leads IPO agreement

    Luce, Forward, Hamilton & Scripps LLP led the $16.5 million initial public offering for Desert Commercial Bank, a community bank in Palm Desert, Calif., which opened June 16. Kurt L. Kicklighter, a partner in the firm's San Diego office, led the IPO transactions/agreements. He said the new bank enjoys broad-based ownership, demonstrative of the local community's high level of support for the financial institution.

  • New payment method at the tip of your fingers

    I'm always looking for public companies with new ideas that are profitable. Today I'm going to deviate from that and address a currently private company, but whose technology is so amazing and practical that I had to write about it.

  • Consumers seem to be getting the message: Pay down debt

    Conventional wisdom has it that most American households are a bounced check away from financial calamity. However, the facts say just the opposite.

  • More large companies moving to terminate, freeze pensions, study finds

    NEW YORK -- Big employers sharply accelerated freezes and terminations of pension plans last year, steering away from the increasing expense and uncertainty of paying for workers' retirement, a new study says.

  • Housing boom on a global rampage; bust fears loom

    It was a familiar story from Golden Land Property Development PLC. With its 35-story Sky Villas condominiums nearly sold out, it unveiled plans for an even more lavish project. The Infinity features a replica of Rome's Spanish Steps, a spa in a restored historic mansion and faux-Venetian canals. Some 90 percent of the units in the new development sold out in less than three months, even though some units were priced at more than $1 million.

  • San Diego regional fund makes first loan

    San Diego’s newest program, the San Diego Regional Revolving Loan Fund (SDRRLF) -- which targets businesses in the central and south county areas -- on Friday approved its first loan by awarding $225,000 to Élan Organic Coffees located in downtown San Diego.

  • FDIC rates California Bank & Trust 'outstanding'

    California Bank & Trust announced Tuesday it has received a rating of "outstanding" by the Federal Deposit Insurance Corp. for its record of making loans to, investing in and providing services for underserved communities.

  • Faith-based investment scams routinely plague the pious

    Investment fraud is never acceptable. But, when the scam is faith-based, it becomes particularly vile.

  • Banks seek Islamic mortgage lending

    LONDON -- Retail banks offering interest-free mortgages and declining to charge fees for millions of customers?

  • As prices rise, homeowners go deep in debt to buy more

    A year ago, Ryan Epstein and his wife had whittled down the mortgage on their four-bedroom colonial house in North Beach, Md., to $130,000. Then Mr. Epstein had a chat with a mortgage broker.

  • Children and money: Important lessons start early in life

    As Benjamin Franklin once said, "An investment in knowledge always pays the best interest." When it comes to teaching children about money and personal financial responsibility, the earlier money lessons are learned, the better.

  • A simple, but not easy plan for retirement

    Many investors make investing and planning for retirement too complicated. Investing for retirement is simple, I recommend the 10/15/30 plan. That is 10 percent return, 15 percent contribution and a 30-year commitment. It is simple, but not easy. But if retirement is important to you, you must be disciplined.

National News

Archived Reports

Banking & Finance Quarterly - Summer 2015

The Banking & Finance Quarterly report takes an in-depth look at the local economy, market conditions, financial institutions and more.

Banking & Finance Quarterly - Spring 2015

The Banking & Finance Quarterly report takes an in-depth look at the local economy, market conditions, financial institutions and more.

Banking & Finance Quarterly - 2015

The Banking & Finance Quarterly report takes an in-depth look at the local economy, market conditions, financial institutions and more.

Banking & Finance Quarterly - Fall 2014

The Banking & Finance Quarterly report takes an in-depth look at the local economy, market conditions, financial institutions and more.

Banking & Finance Quarterly - Summer 2014

The Banking & Finance Quarterly report takes an in-depth look at the local economy, market conditions, financial institutions and more.

Banking & Finance Quarterly - Spring 2014

The Banking & Finance Quarterly report takes an in-depth look at the local economy, market conditions, financial institutions and more.

Banking & Finance Quarterly - Winter 2014

The Banking & Finance Quarterly report takes an in-depth look at the local economy, market conditions, financial institutions and more.

Banking & Finance Quarterly - October 2013

The Banking & Finance Quarterly report takes an in-depth look at the local economy, market conditions, financial institutions and more.

Banking & Finance Quarterly - Summer 2013

The Banking & Finance Quarterly report takes an in-depth look at the local economy, market conditions, financial institutions and more.

Banking & Finance Quarterly - April 2013

This quarterly edition of Banking & Finance focuses on the latest in taxes and investments, as well as the financial impact of sequestration.