In this quarterly report, The Daily Transcript looks at various issues regarding the state of our local and national economy, stock market conditions, banking issues and financial undertakings.

  • Interest rates remain at forefront of bankers' concern

    Ask most bankers what keeps them awake at night and you'll get a litany of issues: government regulations, real estate lending, competition from credit unions and other sources, mergers and acquisitions, to name just a few.

  • Hage joins San Diego Trust Bank as senior VP

    San Diego Trust Bank announced today that veteran San Diego banking executive J. Scofield "Scody" Hage has joined the organization as senior vice president. A third-generation San Diegan with more than 37 years of experience in the local banking community, Hage has held senior level positions with several major financial institutions as well as one of the premier community banks in the region during his career. More recently Hage served as senior vice president and regional manager of Scripps Bank before it was acquired by U.S. Bank where he continued to play a key role as senior vice president of their Private Client Group.

  • Credit Union Alliance of San Diego localizing statewide campaign

    The banking industry nationwide is continuing an organized campaign calling for both federal and state governments to eliminate the tax-exempt status of credit unions. To counter these attacks and deliver the credit union message to elected officials and members of the community, organized outreach campaigns have been launched at the national and state levels. Regionally, the Credit Union Alliance of San Diego is bringing the message home by localizing a Public Advocacy Program sponsored by the California and Nevada Credit Union Leagues.

  • 1st Pacific Bank Delivers the Community Bank Advantage

    Scanning the business news, it's not uncommon to read about another merger taking place in the banking industry. And, the total number of banks in the United States continues to decrease due to consolidation.

  • North Island Credit Union: superior performance and organizational excellence

    North Island Credit Union recently sponsored the San Diego Chamber of Commerce's Small Business Annual Awards Luncheon and the "Excellence in Work Environment" award. The award honors companies that go above and beyond to demonstrate their commitment to workplace excellence throughout corporate practices, employee services and support programs.

  • Choosing a checking account for your business

    Just like choosing a personal checking account, you should select a business checking account, or series of accounts, that matches your needs. Start by considering how you use your business checking account:

  • The Whitman system for dealing with market risk

    Investing in stocks might be a whole lot easier if it weren't for the stock market.

  • Coronado First Bank continues trend toward profitability

    Bruce Ives, President and CEO of Coronado First Bank (the "bank") (OTCBB: CDFB) announced financial results for the second quarter ended June 30, 2006. The bank reported an unaudited second quarter loss of $280,000 and a year-to-date loss of $629,000. This represents ($0.20) and ($0.45) diluted earnings per share for the second quarter and first six months of 2006, respectively. The second quarter 2006 loss was reduced by 35 percent and 20 percent over fourth quarter 2005 and first quarter 2006, respectively.

  • California Coast Credit Union ranked top in state in value provided to members

    When it comes to providing value for members, California Coast Credit

  • Hedge fund conflicts still largely kept secret

    When an adviser, consultant or broker recommends a hedge fund or fund of funds, he or she may not be pitching the best investment for you because there's a commission at stake.

  • Optimism shines through talks on cooling housing, rising interest rates

    While remaining cautiously optimistic, some in the San Diego County banking community are concerned about the short-term effects of the cooling real estate market and rising interest rates on the area's economy. Yet most signs, the industry executives said, point to a robust local economy.

  • JBI and Orr focus on clients' well being, best deals

    In 2002, John Burnham Insurance was purchased by Union Bank of California (NYSE: UB), with one key stipulation: that the 115-year-old company keep its name.

  • What to teach your kids about money before they go to college

    A primary reason so many adults today are in debt is that they claim nobody ever taught them how to manage money. Schools don't teach it, and if parents don't, then kids are left to learn by trial and error. Help your kids get a jump on their finances now by following these simple steps.

  • Japan bids sayonara to economic experiment marked by cheap loans, meager savings rates

    TOKYO -- If there was ever a time to pile up debt and splurge on a first house, Takuhiro Nakamura figures it's now.

  • How to avoid paying full college sticker price

    U.S. parents with children younger than 18 are likely to have two main financial fears these days: getting their kids into the "right'' college and paying for it.

  • Simple secret may explain mystery of small stocks

    One of the loudest sounds to be heard in the stock market's May-June sell-off was the thud of small stocks falling from favor.

  • Russell index reconstitution means musical chairs for San Diego firms

    Monday, July 3, was the first trading day for the reconstituted Russell indexes. The Russell U.S. index reconstitution is done on a yearly basis to reflect changes in market characteristics. San Diego-based firms were affected by the changes.

  • Why would sensitive data ever need to be on portable computers?

    BOSTON -- Every month seems to bring another episode of sensitive personal information escaping into the wild because a corporate or government laptop computer is lost or stolen. A common response is a lot of hand-wringing over how the data should have been encrypted.

  • Enron's lessons are lost on some investors

    NEW YORK -- If you've spent this past week thinking about Kenneth Lay, Enron Corp.'s founder and a convicted felon who died Wednesday at 64, turn your thoughts to something more constructive: your own portfolio.

  • Foreclosures expected to jump as riskier adjustable mortgages reset

    NEW YORK -- In 2003, Anita Britten refinanced her two-story brick cottage in Lithonia, Ga. using a hybrid adjustable-rate mortgage, or ARM. Her lender reassured her that she could refinance out of the riskier loan into a traditional one when her interest rate started to reset.

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.