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Midcontinent Business Solutions
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Banking/Finance

Banking/Finance Now

Feb 18, 2015 - 6:00 PM

Petition Drive To Cap Payday Loans To Start This Spring

Petition Drive To Cap Payday Loans To Start This Spring

Payday loan critics are working to finalize ballot language that would cap the interest rate on short-term loans at 36 percent in South Dakota. Right now, payday and title lending is essentially unregulated in the state.

Full Story


Feb 18, 2015 - 5:05 PM

Avoiding High-Interest Loans

Avoiding High-Interest Loans

There are several organizations in the area, ready and willing to help people in need.

Full Story


Feb 3, 2015 - 4:06 PM

Free Tax Preparation Underway

Free Tax Preparation Underway

Free tax preparation is underway in KELOLAND.  Volunteer tax preparers make up AARP Foundation Tax Aide, which is in its 48th year.  

Full Story


Feb 1, 2015 - 7:57 AM

Regulators Prepare Rules On Payday Loans To Shield Borrowers

Regulators Prepare Rules On Payday Loans To Shield Borrowers

Federal regulators are putting together the first-ever rules on payday loans aimed at helping cash-strapped borrowers avoid falling into a cycle of high-rate debt.

Full Story


Jan 20, 2015 - 9:50 AM

Supreme Court Won't Hear Dispute Over Debit Card Fees

Supreme Court Won't Hear Dispute Over Debit Card Fees

The justices on Tuesday let stand a federal appeals court ruling that upheld the Fed's cap of about 24 cents per transaction on so-called "swipe fees."

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Jan 15, 2015 - 11:40 AM

Average U.S. Rate On 30-Year Mortgage Falls To 3.66 Percent

Average U.S. Rate On 30-Year Mortgage Falls To 3.66 Percent

Average long-term U.S. mortgage rates fell for the third straight week, with the benchmark 30-year rate again marking its lowest level since May 2013.

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Jan 14, 2015 - 6:00 PM

Citibank Says SD Owes Bank $30 Million

Citibank Says SD Owes Bank $30 Million

Citibank says the State of South Dakota owes it $30 million, after the bank overpaid on its taxes.

Full Story


Jan 14, 2015 - 6:01 AM

Congress Moves Toward Easing Bank, Wall Street Rules

Congress Moves Toward Easing Bank, Wall Street Rules

Under a veto threat from the White House, the bill pushed by the newly bulked-up Republican majority came under discussion in the House on Tuesday for the second time in less than a week.

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Jan 12, 2015 - 6:00 PM

PREMIER Bankcard Drops Lawsuit Against Credit Card Comparison Website

PREMIER Bankcard Drops Lawsuit Against Credit Card Comparison Website

First PREMIER/PREMIER Bankcard has dropped its $5 million lawsuit against the credit card comparison website, CardHub.com.

Full Story


Jan 12, 2015 - 1:59 PM

Citibank Seeks $30 Million Refund From State Of South Dakota

Citibank Seeks $30 Million Refund From State Of South Dakota

Citibank says the state of South Dakota owes the company a $30 million refund after it overpaid its taxes for three years.  

Full Story


Jan 5, 2015 - 4:16 PM

Five Resolutions for a Scam-Free New YearUser Generated Content

Five Resolutions for a Scam-Free New Year

This New Year, you may resolve to eat healthier, get organized or find a new job.

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Dec 8, 2014 - 6:15 PM

SD Lawmakers To Debate Payday Loan Changes

SD Lawmakers To Debate Payday Loan Changes

Opponents of payday lending may be waiting until the 2016 elections to try to end the practice in South Dakota though the state will pitch smaller regulatory changes during the upcoming legislative session.

Full Story


Dec 5, 2014 - 5:00 PM

SD Banking Commission Supports Payday Loan Bill

SD Banking Commission Supports Payday Loan Bill

The South Dakota Banking Commission has voted to move forward with legislation to close a legal loophole payday lenders use.

Full Story



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Jeff Niebaum

Jeff Niebaum

BBB Serving NE, SD & SW Iowa

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Paul Ten Haken

President, Click Rain




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