Checking Accounts

Catherine New

Shut Out From Traditional Banks, More Americans Turn To Prepaid Cards: Study

HuffingtonPost.com | Catherine New | Posted 04.11.2012

Read More: Prepaid Debit Cards, Prepaid Card Teenagers, Prepaid Debit Card, Checking Accounts, Gen Y, Prepaid Card, Prepaid Cards, Unabanked, Credit Cards, CARD Act, Javelin, Money News

Increasingly shut out of traditional bank accounts, more Americans are turning to prepaid debit cards often notorious for their high fees. Prepaid ...

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Big Banks Fee-Grab, While This Other Business Booms

The Huffington Post | Catherine New | Posted 03.02.2012

Read More: Checking Accounts, Savings Account, Bank Fees, Bank Transfer Day, Move Your Money, Bank of America, Banks, Atm, Bank Account, Nonprofit Banking, Debit-Card Fees, Credit Unions, Money News

Credit unions are booming as big banks take increasingly desperate measures to make money off of consumers. Membership in credit unions more than ...

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Bank of America Can Charge You This Much In Fees In One Day

The Huffington Post | Catherine New | Posted 02.23.2012

Read More: Richard Cordray, Checking Accounts, Bank Accounts, Bank Fees, Class Action Lawsuits, Consumer Financial Protection Agency, Cfpb, Move Your Money, Bank of America, Overdraft Fees, Closing Bank Accounts, Debit Cards, Video, Business News

Bank of America can lift at least $140 in fees off a customer in one day if he or she doesn't have enough money in the bank. That is the high cost...

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Catherine New

Capital One Says It Won't Ruin ING Direct

HuffingtonPost.com | Catherine New | Posted 02.16.2012

Read More: Checking Accounts, Capital One, Bank Fees, Capital One ING Direct, ING Direct, Federal Reserve, Overdraft Fees, Bank Acquisition, Electric Orange, Debit Cards, Wall-Street-Deals, High-Yield Savings Account, Business News

Capital One said it won't change a thing for customers at much-beloved ING Direct, responding to consumer groups worried that its acquisition of the o...

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GRAPHIC: Everything You Need To Know About Bank Fees

The Huffington Post | Posted 01.28.2012

Read More: Video, Checking Accounts, Debit Fees, Bank Fees, ATM Fees, Wells Fargo, Bank of America, Overdraft Fees, Credit Unions, Business News

Don't like keeping all of your money stuffed underneath the mattress? That could cost you a pretty penny. Banks collected $29.5 billion in overdra...

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Catherine New

Growing Numbers Moving Their Money Away From BofA

HuffingtonPost.com | Catherine New | Posted 01.20.2012

Read More: Interest Rates, Cash Deposits, Investments, Checking Accounts, Video, Liquidity, Savings Account, Money, Bank of America, Cds, Deposits, Big Banks, Business News

Do banks need your money? Bank of America revealed yesterday that the number of customers closing their accounts spiked last quarter, but official...

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Bank Outlook 2012: Six Trends to Watch

Richard Barrington | Posted 02.20.2012

Read More: Personal Finance, Banking, Bank Trends, Interest Rates, Checking Accounts, Debit Card, Mobile Banking, Online Banking, Savings Account Rates, Money Market Rates, Mortgage Rates, Economy, Business News
Richard Barrington

Will customers be treated to higher deposit or higher fees? Or will a wild card such as technology dominate banking news in 2012?

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Not Just Debit Fees: The Other Ways U.S. Banks Cost Customers

The Huffington Post | Harry Bradford | Posted 11.14.2011

Read More: JPMorgan Chase, Pew Charitable Trust, Checking Accounts, The Chicago Tribune, Bank Fees, Bank of America, Unemployment Benefits, Account Holders, Debit Cards, Customers, Debit Card Fees, Citigroup, Business News

The era of the debit card fee may have come and gone, but plenty of bank charges remain. Indeed, with all the talk of debit fees, it's easy to for...

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Banks Scrambles For New Revenue Sources After Debit Card Fee Debacle

AP | By PALLAVI GOGOI | Posted 01.04.2012

Read More: Bank of America, Bofa Debit Fees, Monthly Debit Card Fees, Checking Accounts, Bofa, Debit Fees, Occupy Protesters, Bank of America Debit Fees, Business News

NEW YORK -- After an intense public backlash, Bank of America and other banks have backed off charging monthly debit card fees. It's a victory for an...

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Making Bank Transfer Day Work for You

Richard Barrington | Posted 01.02.2012

Read More: Bank Transfer Day, November 5th, Bank Fees, Fdic, Credit Union, Checking Accounts, Savings Accounts, Money Market Accounts, Interest Rates, Cds, Business News
Richard Barrington

As a consumer you have the right to look for free checking accounts, and the highest interest rates on CDs, savings accounts and money market accounts. Don't limit your choices to credit unions.

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Bank Closings Slow to a Steady Downpour

Richard Barrington | Posted 01.02.2012

Read More: Interest Rates, Fdic, Checking Accounts, Bank Fees, Money, Economy, Richard Barrington, Banks, Personal Finance, Business News
Richard Barrington

The torrential pace of bank failures in 2009 and 2010 has eased, but in the first three quarters of 2011 the downpour has still been enough to give the banking system a pretty good soaking.

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4 Signs of a Shrinking Bank

Richard Barrington | Posted 01.02.2012

Read More: Bank, Savings Accounts, Money Market Rates, Checking Accounts, Fees, Service Reductions, Bank of America, Personal Finance, Business News
Richard Barrington

According to SNL Financial, JP Morgan has just beaten out Bank of America as the largest U.S. bank in terms of assets. That means Bank of America's strategy is working out just as they planned.

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12 Free Checking Accounts for Baby Boomers

Richard Barrington | Posted 12.25.2011

Read More: Savings Accounts, Banks, Baby Boomers, Checking Accounts, Bank Fees, Seniors, Personal Finance Tips, Wealth Management, Personal Finance Boomers, Personal Finance Tips Boomers, Personal Finance, Fifty News
Richard Barrington

At a time when the free checking account is practically an endangered species, having special access to free checking is a valuable benefit.

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Wells Fargo To Test Monthly Debit Fee

AP | By CANDICE CHOI | Posted 10.17.2011

Read More: Bank Regulation, PNC Bank, Checking Accounts, Nilson Report, Wells Fargo, Associated Press-GfK, Chase, Service Fees, Debit Cards, Debit Card Fees, Video, Business News

NEW YORK -- Wells Fargo plans to test a $3 monthly fee for its debit cards starting this fall. The San Francisco-based bank said the fee will be appl...

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Chase Ends $5 ATM Fees

CNN Money | Blake Ellis | Posted 07.02.2011

Read More: Texas, JPMorgan Chase, Checking Accounts, Bank Charges, Chase, ATM Fees, Illinois, Atm Test, Non-Customers, Atm, Home Banking, Withdrawal, Business News

JPMorgan Chase (JPM, Fortune 500) said Monday it has finished testing $4 and $5 ATM fees for non-customers in two states, and it is now going back to ...

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Covering Your Assets: 7 Signs Your Bank May Be Failing

Richard Barrington | Posted 05.25.2011

Read More: Savings Accounts, Checking Accounts, Atm, Fdic, Bank Failures, FDIC Insurance, Business News
Richard Barrington

Even though the banking sector is getting healthier, there were still 157 bank failures in 2010. Here are seven signs to watch out for if you think your bank is in trouble.

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Bank Of America Pays $410 Million In Overdraft Case

AP | The Associated Press | Posted 05.25.2011

Read More: Checking Accounts, Bank Fees, Wells Fargo, Bank of America, Overdraft Fees, Banks, BofA Overdraft, Overdraft Protection, Business News

Bank of America has agreed to pay $410 million to settle a federal lawsuit alleging the bank charged excessive overdraft fees. The suit is one of s...

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CNBC Does Not Understand How Regulation Works

Zach Carter | Posted 05.25.2011

Read More: Wells Fargo, Regulation, Hidden Fees, Cfpb, Overdraft, Cnbc, Credit Cards, Checking Accounts, Wall Street Reform, BB&T, Kelly King, Wall Street, Tricks and Traps, Steve Bartlett, Maria Bartiromo, Banks, Interest Rates, Consumer Protection, Business News
Zach Carter

You may very well find some unpleasant new fee in a banking statement this year. But it will have nothing to do with new consumer protections, regardless of what CNBC anchors tell you.

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Does Everything Require Stimulus?

Jerry R. Welch | Posted 05.25.2011

Read More: Check Cashing, Politics News, Financial Reform, Pay Bills, Prepaid Cards, Unbanked, Reloadable Prepaid Card, Overdraft Protection, Underbanked, Federal Financial Reforms, Stimulus, Pawn Shops, FDIC Board of Directors, Fdic, Politics, USA Today, FDIC Study, Checking Accounts, Check-Cashing-Store, Stimulus Package, Atms, Bills, Pay Day Lenders, Check Cashing Companies, Banks, Prepaid, Business News
Jerry R. Welch

Rather than treat the unbanked and underbanked as second class citizens, the prepaid card industry is listening to their needs.

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Wells Fargo Free Checking CANCELED Before New Bank Rules Take Effect

Bloomberg | Posted 05.25.2011

Read More: Wells Fargo, Financial Reform, ATM Fees, Oversight, Regulation, Federal Reserve, Credit Cards, New Customers, Checking Accounts, Free Checking, Consumer Financial Protection Agency, Banks, Overdraft Fees, Business News

Wells Fargo & Co., the U.S. bank with the largest branch network, eliminated free checking accounts for new customers as firms prepare for stricter co...

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End of Free Checking a Financial Squeeze: How Employers Can Help

Clare J. Morgan | Posted 05.25.2011

Read More: Checking Account, Fdic, Low-Income, Prepaid Cards, Check-Cashing-Services, Survey, Low Income Families, u.s. Census Bureau, Checking Fees, Checking Accounts, End of Free Checking, Employers, FDIC Banks, Banks, Overdraft Fees, Free Checking, Reloadable Prepaid Cards, Debit Cards, Unbanked, Underbanked, Business News
Clare J. Morgan

The free checking accounts many Americans enjoy will soon be a thing of the past as banks scramble to find new ways to recoup overdraft charges and other fees they're no longer allowed to impose.

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How Do You Reflect on the Professionalism of Your Organization?

Rob Rubin | Posted 05.25.2011

Read More: Banks, Etiquette, Checking Accounts, Credit Unions, Business News
Rob Rubin

If you say you'll return voice messages, then return them. Simple etiquette goes a long way in a world lacking etiquette.

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Arthur Delaney

Bank Of America Sued For Unwanted 'Privacy Assist' Service

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Checking Accounts, Class Action Lawsuits, Privacy Assist, Bank of America, Consumers, Business News

A California man is suing Bank of America over monthly charges for a credit monitoring service he says he never wanted, didn't sign up for, and couldn...

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Arthur Delaney

Calif. Man Moves His Money The Wrong Way, Gets Burned By Bank

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Checking Accounts, Unemployment, Wells Fargo, Too Big to Fail, Move Your Money, Banks, Credit Crisis, Big Banks, Business News

Mike Iacuessa learned two things from his recent experience with a Wells Fargo checking account. First thing: It's expensive to be poor. Iacuessa s...

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Not 21 yet? No more credit cards for you starting Feb. 22

Patrice Peyret | Posted 05.25.2011

Read More: Credit Card Reform, Checking Accounts, College Student Credit Cards, Credit CARD Act, Student Debt, Banking, Move Your Money, Minors, Overdraft Fees, Home News
Patrice Peyret

My college-aged son had no idea, so you might not either: on February 22, 2010, you can't get a credit card if you're under 21 unless an adult co-sign...

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