Matt Dove / Flickr/CC

Also known as the “banking act of 1933,” this law stemmed from the 1920s stock market crash and Great Depression that followed, with restrictions on banks and other financial institutions. Glass-Steagall was overturned about twenty years ago, but some are pushing to bring it back.


Primary Bank


A new bank has opened in New Hampshire, the first one in seven years.

New Hampshire Bank Commissioner Glenn Perlow says the state-chartered Primary Bank in Bedford is only the second bank chartered in the country since 2010.

Perlow signed a certificate allowing the bank to start business transactions Monday.

Gov. Maggie Hassan, Sens. Jeanne Shaheen and Kelly Ayotte and others are attending a grand opening event on Friday.

LendingMemo / Flickr Creative Commons

Just many places across the country, the New Hampshire’s recover from the recession has been slow. Recently, though, many are pointing to signs of an upswing. Housing prices are going up, while foreclosures are going down.  Consumer confidence is better than it has been in a while, and unemployment is now at 5.1% - 11th best in the country. But all is not perfect:  many in the Granite State worry about high energy costs, the Affordable Care Act’s effect on business, and uneven progress in different regions of the state.

dougtone via Flickr Creative Commons

The new year has brought some changes to the process of getting a mortgage. Home buyers may have already noticed as banks and other lenders have tightened standards since the recession, but new regulatory changes are going into effect. To hear how those changes will impact borrowers and the housing market in general, we’ve called Barbara Cunningham. She is with the Greater Manchester/Nashua Board of Realtors and also a member of the Board of Directors of the Mortgage Bankers and Brokers of New Hampshire.

Some customers of TD Bank in New Hampshire say they had their information sent to other customers because of what the bank called a "vendor error."

WMUR-TV reports TD Bank said a national firm responsible for printing and mailing statements accidentally sent some customers statements that had other customers' information on the back.

Stephania Pearce said she saw someone else's canceled checks on the back of her bank statement. She said she was offered a new account number at her branch in Alton.