(Vocus/PRWEB ) May 28, 2008 --
What: ING debuts a new video on the Web that answers the question: What if large companies took responsibility for environmental stewardship and made it part of their fundamental business strategy?
“ING recognizes that as a global company we have a responsibility to go beyond our business strategy and do what we can to help reduce our impact on the environment,” says Catherine Smith, CEO, ING U.S. Insurance, who appears in the video.
The video offers a glimpse of the company’s environmental strategy, including ING’s investment in green energy, efforts to increase energy efficiency/reduce consumption, recycle and promote employee awareness programs.
Who: ING Executives and Environmental Champions Tell the Story
Why: ING wants to share with its customers, employees, shareholders and community that it is committed to conducting business in an environmentally responsible manner and reducing its impact on the world. The company is continuously assessing its activities and finding ways to reduce, reuse and recycle, including determining areas of improvement.
Take a look at some of ING’s initiatives and recognition received so far for its environmental efforts by clicking on the press releases below:
ING is a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of about 125,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.
In the U.S., the ING (NYSE: ING) family of companies offer a comprehensive array of financial services to retail and institutional clients, which includes life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves over 14 million customers across the nation.
Information on the current state of the balance transfer credit card market focusing on 0% APR offers, balance transfer fees, and recent changes in credit card terms by major issuers.
(PRWEB) May 28, 2008 -- The past three months have brought about significant changes in the credit card market, particularly in regards to the balance transfer segment. During this time, no fee balance transfers have all but disappeared, balance transfer fees have risen dramatically, and many consumers are finding it more and more difficult to get approved for a 0% APR balance transfer credit card. In this report from Smart Balance Transfers, we will look at current trends in the credit card market.
The Balance Transfer Fee Situation
A year ago, more than a dozen credit cards offered no fee balance transfers with 0% interest rates for a full year. During April, the last major credit card issuer to offer a 0% APR on no fee balance transfers pulled the offer from the market. Today, there are a limited number of credit cards that charge no balance transfer fees, and none of them offer a 0% APR for more than six months.
As the number of credit card companies offering no fee balance transfers has dwindled, the total fees charged by these companies has risen dramatically. Between 2005 and 2007, the vast majority of credit card companies charged 3% of each transfer up to a maximum of $75. Over the past few months, many of the nation's largest credit card issuers have eliminated the dollar cap on balance transfer fees. Consequently, a person transferring a balance of $5000 would be charged $150 in balance transfer fees today. Three months ago, the fees would have been $75. Not all credit card companies have raised fees. You can learn more about balance transfer credit cards and fees at our website.
Getting Approved for a 0% APR Balance Transfer
The current credit crunch has made many lenders wary of extending credit. Individuals who may have easily been approved three months ago are finding it much more difficult today. In addition to the tightening of credit criteria required for approval, many credit card companies have significantly altered the terms of their offers.
For example, one of the largest credit card companies in the nation advertises a 0% APR on purchases and balance transfers for one year. However, the fine print states that it is possible to be approved and only offered a 0% APR on balance transfers for 3 months. Another company has taken a similar measure. While it advertises a 0% interest rate for one year on purchases and balance transfers, it may approve an applicant and only extend the promotional 0% rate for 6 months.
Now, more than ever, it is increasingly important to closely review credit card fine print. Our website provides guidance on the fees and policies of individual banks to help facilitate the process of making a money saving balance transfer online.
The Future of No Interest Balance Transfers
A decade ago, 0% APR offers simply did not exist. Introductory rates for purchases and balance transfers were generally in the 3% to 7% range. Intense competition led the credit card companies to reduce introductory rates to 0%. Now, however, credit card companies are growing more and more reluctant about extending credit at 0% rates. Ultimately, this could lead to the complete disappearance of the 0% interest balance transfer. Our advice: individuals sitting on high interest debt should act quickly to take advantage of 0% APR balance transfer offers before they no longer exist.
About Us: Smart Balance Transfers is a Credit Card Depot Inc website. Since 2004, Credit Card Depot Inc has provided consumers with credit card information and advice to help them make the best decisions when applying online for credit cards. With nearly 50,000 monthly unique visitors, our websites provide us key insights on the credit card market. We use this knowledge to help our visitors avoided falling into credit card traps and maximize the money they save by taking advantage of 0% APR credit card offers.
Lobbying Washington surfaces at S.USA’s Chicago Women’s Financial Roundtable as leading women discussed business, finances, and how to educate and empower women in the midst of challenging times.
Chicago, IL (Vocus/PRWEB ) May 29, 2008 -- S.USA Life Insurance Company, Inc., a leading financial services provider committed to the financial education of women nationwide, held its first Chicago Women’s Financial Empowerment Roundtable, Tuesday, May 21, 2008. The event, held at the Palmer House Hilton, was open to women of all backgrounds and took place in a non-traditional, conversational and educational forum. An expert panel addressed topics related to women and the importance of financial planning and security.
(S.USA Women's Financial Empowerment Roundtable Panelists, standing left to right) Deane Brown, Emilia DiMenco, Anne Ladky, Vikki Pryor, Cristina Benitez, Lindsay Tilchen Johnson, Marian Carrington
“The information and messages were informative, powerful, and clear - you can take control of your financial life, build for your future, and realize your power. And, you must start today,” said S.USA President and CEO Vikki Pryor.
Lindsay Tilchen Johnson, Vice President, Tilchen Corporation, stressed the importance of having a financial plan. “Feel empowered to take control of your finances and your career,” said Tilchen Johnson. “And, remember, you don’t have to be a millionaire to become a multi-millionaire.” Attorney Deane Brown, partner with Beermann Swerdlove, LLP, reinforced Tilchen Johnson’s point on the importance of having a financial plan. She touched on the sensitive topic of women distributing their wealth and possessions after death and urged every woman present to have a will drawn up immediately.
An Executive Vice President with Harris Bank, Emilia DiMenco spoke on the topic of money and banking. “The greatest issue of concern in our society today is financial education,” said DiMenco. “You must seek the channels, the experts, and the information to educate yourself because education brings empowerment.” She told the audience that they must develop a relationship with a banker, be informed, plan, and pursue promotions and services. She assured participants that in doing so they would learn to control their finances so that their finances don’t control them.
With respect to the job market, Marian Carrington, Principal at executive search firm Carrington & Carrington, Ltd. encouraged audience participants to be proactive. “Contact potential employers, explore the market, and be prepared,” said Carrington. “Be ready should you get the tap; have a plan, and consult an expert.” Cristina Benitez, president of Lazos Latinos and author, Latinization…How Latino Culture is Transforming the U.S., talked of the challenges of starting a woman-owned business. Benitez spoke of the need to believe; in oneself and one’s passion, and called for each woman participating to be authentic. Said Benitez, “You must use your top three resources if you are to succeed in starting your business. Every woman, because she is innate in having the distinction of being a woman, is her own top resource.” She went on to say that it is imperative that women should find and affiliate themselves with a reputable network of executive women and take advantage of a women’s development center.
Anne Ladky, executive director of Women Employed, challenged the audience to get involved in their communities and local and national governments. “We have solved issues that weren’t even named 35 years ago; women are a force like never before, and we must make certain we are heard,” said Ladky. “When asked for her final word Ladky said, “Do something; anything! Talk to people, vote and get your friends to vote.”
The Roundtable committed to reconvene May 19, 2009 and is considering assembling a group of women leaders to lobby Washington on behalf of women regarding financial empowerment. In closing the panel made two conclusions. The financial advancement of women is a compelling topic which must be addressed, and women in the Chicago community can have an impact on and be the voice for women across the country.
About SBLI USA/S.USA
S.USA Life Insurance Company, Inc. is a subsidiary of SBLI USA Mutual Life Insurance Company, Inc. SBLI USA and its subsidiaries are licensed in 49 states, the District of Columbia, the U.S. Virgin Islands, and Puerto Rico. With more than $15.9 billion of insurance in force, $1.5 billion in assets, $129 million in surplus capital, 200 associates and over 300,000 policyholders, the company is committed to offering affordable, flexible and easy-to-access products through a variety of integrated channels, including direct mail, telemarketing, a bilingual Web site, licensed agents, and walk-in Customer Centers.
SBLI USA prides itself in its diverse workforce, which extends from the mailroom to the boardroom. The Company is comprised of 58% women with 48% in management roles and 37% in officer roles. Further, 45% of its Board of Directors is women.
SBLI USA Mutual Life Insurance Company, Inc. is the parent company to SBLI USA Holdings, Inc., which owns subsidiary companies S.USA Life Insurance Company, Inc., and SBLI USA Diversified Services Company, Inc. To learn more please visit www.sbliusa.com.
For more Information:
sbusby @ sbliusa.com