Amid the 2008 financial melt down organizations and individuals have been further adversely effected with the traditional financial institutions. The yield on savings, money-market accounts, and certificate of deposits are dropping dramatically.

There are basically only two types of entities who are giving a better return;  Credit Unions and Small Banks.  It just goes to show you that local banking just might be a better way to bank and an avenue to building sound financial relationships.

This entry was posted on Monday, April 21st, 2008 at 12:01 am and is filed under Investing, Strategic Planning, Accounts Receivable, Cash Flow Management, Budgeting. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.