Last week, as part of the financial reform initiative that was launched in response to the economic crisis of 2008, the U.S. Senate passed S. 3217, the Restoring Financial Stability Act, the purpose of which is to re-regulate the financial industry.  The regulatory changes that will result from the...

Financial Reform Bill Threatens Startups, Small Business and Job Creation. Having served Silicon Valley startups and small businesses for 50 years, we at Technology Credit Union feel compelled to express our concern over several provisions that are included in the financial reform bill that is currently...

In years past, the San Francisco Bay Area—and particular Silicon Valley—has been ranked among the most expensive areas to live in the U.S. With the recession, how do those comparisons hold up today? Is this region still more expensive than Denver, Boston or even New York? Just for fun, we thought...

Ready or not, 2010 is here! In the spirit of getting in shape for the New Year (financial shape, that is), we’ve put together 10 tips that will help you make 2010 a financially healthy year for you. 1. Review your credit card terms With new credit card reform laws going into effect in February,...

It’s almost here: Santa’s big night. Without a doubt, Father Christmas and his army of elves are frantically going over last-minute preparations, putting the final touches on toys, making a list and checking it twice. With so much to do in so little time, dealing with personal finances is probably...

When President Obama addressed a special joint session of Congress about health care last week, he remarked that this country’s failure to rise to the challenges of health care reform “year after year, decade after decade” have led the system to a breaking point. In particular, he talked about...

It’s no secret that the recession has hit colleges and universities hard this year. Many schools rely on donations and endowments to help fund scholarships and aid for students, and unfortunately both are way down for most schools. In addition, higher education is experiencing some of the worst state...

The recession may be showing some early signs of recovery, but the impact it has had on American consumers and how it’s changed our behavior as a society will be with us for a very long time. According to US Commerce Department, Americans today are definitely saving more and spending less. Personal...