US Bank

FDIC Says It Will Investigate Payday Loans Made By Banks

HuffingtonPost.com | Catherine New | Posted 06.01.2012

Read More: Fifth Third, Regions Payday Loan, Payday Lending, Checking Account, Fdic, Advance Deposit, Bank Fee, Wells Fargo, Direct Deposit, US Bank, Overdraft Fee, Bank Payday, Money News

Federal regulators are launching an investigation into a shadowy practice that banks don't like to advertise: inhouse payday loans. These high-interes...

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The Latest Bank To Raise Fees

The Huffington Post | Catherine New | Posted 05.17.2012

Read More: U.S. Bank, Checking Account, Debit Card, Bank Fees, Cfpb, Overdraft Fees, Overdraft Protection, Overdraft, Financial Regulation, Money News

Another bank is raising fees. U.S. Bank is bumping up overdraft fees for all its accounts beginning June 29, the Minneapolis-based bank confirmed o...

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Voters In One Town Want Banks To Pay Big Time For Neglecting Foreclosed Homes

The Huffington Post | Alexander Eichler | Posted 05.12.2012

Read More: Vacant Homes, U.S. Bank, Foreclosure Crisis, Video, California, San Diego, Vacant Houses, Wells Fargo, Cleveland, Foreclosed Properties, Foreclosure, Maintenance, Foreclosed Homes, Squatters, Business News

If San Diego voters had their way, banks would be paying out, big time. Seventy percent of San Diegans who responded to an opinion poll conducted l...

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Woman May Get To Stay In Home -- Thanks To Occupy

HuffingtonPost.com | Matt Sledge | Posted 05.07.2012

Read More: Principal Reduction, Video, Foreclosure Crisis, Freddie Mac, Monique White, Nick Espinosa, Anthony Newby, Occupy Our Homes, US Bank, Occupy Homes Mn, Business News

NEW YORK -- For more than a year after January 2011 when the bank foreclosed on Monique White's North Minneapolis home, she has been fighting to stay....

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The Prepaid Debit Card Comes of Age

Curtis Arnold | Posted 05.02.2012

Read More: Personal Finance, Credit Cards, Prepaid Debit Cards, Visa, Mastercard, American Express, Banks, Economy, Usaa, U.S. Bank, ING Direct, Gen Y, Credit Report, Money News

Debit cards have also sprouted in the wallets of young Americans. Unable to get credit cards until age 21, more Generation Y consumers rely on debit cards for routine money management.

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U.S. Bank Faces Federal Investigation

HuffingtonPost.com | Janell Ross | Posted 04.17.2012

Read More: U.S. Bank, Bv-Politics, Hud, u.s. Bancorp, Housing Discrimination, Fair Housing Act, Housing and Urban Development, Business News

U.S. Bank on Tuesday joined the ranks of large financial firms facing discrimination charges for the way it maintains foreclosed homes in mostly black...

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Report: Wells Fargo Extends Loans With Extremely High Interest Rates

The Huffington Post | Bonnie Kavoussi | Posted 04.17.2012

Read More: U.S. Bank, Wells Fargo Bank, Payday Lenders, Wells Fargo US Bank, Wells Fargo, Payday Loans, US Bank, U.S. Bank Payday Loans, Video, Wells Fargo U.S. Bank, Wells Fargo Payday Lenders, Minnesotans for a Fair Economy, Center for Responsible Lending, Wells Fargo Payday Loans, U.S. Bank Payday Lenders, Business News

Big banks are participating in a practice commonly associated with the use of big signs to lure vulnerable Americans. Wells Fargo, the country's b...

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This Guy Was Fined For Not Cutting The Grass Of A Home He Was Kicked Out Of

The Huffington Post | Harry Bradford | Posted 03.03.2012

Read More: Deutsche Bank, U.S. Bank, Foreclosure Crisis, General Services Administration, Video, Stonington, Bellows Falls, Blight Ordinance, NY Daily News, Foreclosure, Arlington, Property Maintenance Fees, Rocky Hill, CBS 11, Business News

Mowing the lawn may be an awful chore, but imagine having to pay a fine for not cutting the grass of a house from which you were evicted. David Eng...

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Alinsky, Foreclosures and Holding Banks Accountable

Sanford D. Horwitt | Posted 04.01.2012

Read More: Alexander Von Hoffman, Foreclosures, JP Morgan Chase, Sherman Park, U.S. Bank, Marshall Field III, Nsp, Wells Fargo, Industrial Areas Foundation, Common Ground, Neighborhood Stabilization Program, Rules for Radicals, Josef Ackermann, Deutsche Bank, Bank of America, Michael Murphy, Saul Alinsky, Politics News

Memo to the Obama Administration: if you want to see the makings of a national model to hold big banks accountable for fixing foreclosure-devastated neighborhoods, go to Milwaukee and talk to citizen leaders who are practicing what Saul Alinsky preached.

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New Consumer Cop Picks First Fight With Big Banks

HuffingtonPost.com | Ben Hallman | Posted 01.20.2012

Read More: Richard Cordray, U.S. Bank, Payday Lending, Payday Lenders, Consumer Financial Protection Bureau, Wells Fargo, Consumer Lending, Cfpb, Regions Bank, Payday Loans, Fifth Third Bank, Bank Payday Loans, Business News

Picking his first public fight with the banking industry, Washington's top consumer cop, Richard Cordray, promised on Thursday that his examiners will...

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Oregon Eliminates Some Bank Fees For the Unemployed

HuffingtonPost.com | Janell Ross | Posted 11.29.2011

Read More: Unemployed, Oregon Unemployment Benefits, Unemployment Benefits, Oregon US Bank, US Bank, Atm, Debit Cards, Oregon Bank Fees, Debit Card Fees, Reliacard, Business News

After nearly a month of negotiations, Oregon has reached an agreement with U.S. Bank to eliminate many of the fees the bank charges people to access t...

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Senate Amendment Targets High-Interest Bank Loans To Soldiers

HuffingtonPost.com | Chris Kirkham | Posted 11.18.2011

Read More: Payday Loans Military, Debt, Military, Wells Fargo, Banks, Payday Loans, US Bank, Fifth Third Bank, Business News

For nearly five years, federal law has set strict guidelines on risky loans doled out to members of the military, after numerous reports documented ho...

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Fed-Up Judge: 'Somewhere, Someone Has To Stand Up'

HuffingtonPost.com | Arthur Delaney | Posted 11.15.2011

Read More: U.S. Bank, Mortgages, Arlo Guthrie, Mortgage Modifications, Home Affordable Modification Program, Foreclosure, Foreclosure Fraud, Business News

Georgia Judge Dennis Blackmon is fed up with bailed-out banks refusing to help strapped homeowners. "Sometimes, only the courts of law stand to pr...

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Cashing In On Poverty: Banks Harvest Fees On Unemployment Benefits

HuffingtonPost.com | Janell Ross | Posted 01.01.2012

Read More: Prepaid Debit Cards, Welfare, U.S. Bank, Bank Fees, Bank Fees Unemployment Benefits, Public Assistance, Unemployment Benefits, Swipe Fees, Debit Cards, Business News

Out of work and living on a $189-a-week unemployment check, Rob Linville needs to watch every penny. Lately, he has been watching too many pennies dis...

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How Foreclosures Could Have Cost Schools $150 Million

The Huffington Post | Emmeline Zhao | Posted 02.14.2012

The housing crisis has cost Minneapolis Public Schools $150 million in state funding as students were forced to move from the area after their familie...

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Bank May Face Class-Action Suit From Customers For Overdraft Fees

The Huffington Post | Alexander Eichler | Posted 09.27.2011

Read More: JP Morgan Chase, U.S. Bank, BB&T, Bank of America, Overdraft Fees, Banks, Bank Customers, Overdraft Protection, Overdrafts, Class Action Lawsuit, Class Action Suit, Union Bank, Business News

In 2003, the San Francisco-based Union Bank adopted a new practice that allowed it to begin charging its customers more overdraft fees. Now, the custo...

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WATCH: BMW Stunt Atop US Bank Tower In LA

The Huffington Post | Eliza Fisher | Posted 08.29.2011

Read More: Bmw, Cars, US Bank, Video, Driving, Drifting, US Bank Building, Los Angeles News

BMW has just released this comically dramatic clip of one of their vehicles atop Los Angeles' US Bank building. The car is "drifting" on the structure...

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Marijuana Dispensaries Struggle To Obtain Service From Banks

Posted 08.17.2011

Read More: Credit-Card Companies, U.S. Bank, Federal Authorities, Alpine Herbal Wellness, U.S. Drug Enforcement Administration, District of Columbia, Aids, Marijuana Dispensaries, Banks, Multiple Sclerosis, Cancer, Norml, Dea, Legalize Marijuana, Bank of America Corp, See Change Strategy, Business News

ST. LOUIS, June 17 (Thomson Reuters Accelus) - Marijuana dispensaries in states that have legalized medical pot are struggling to obtain service f...

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Why Credit Card Branding Is Costing Small Business Owners

Odysseas Papadimitriou | Posted 06.20.2011

Read More: Finance Charges, Small Business, CARD Act Protections, Federal Reserve, Business Credit Cards, CARD Act, Personal Credit Cards, Credit Card Act of 2009, Credit Card Companies, Wells Fargo, U.S Bank, Hsbc, Liability, Small Business America, Business News

Business and consumer credit cards are actually more similar than they are different, which therefore begs the question, should the Credit CARD Act of 2009 apply to business credit cards?

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Bank Of America's Profits Decline From One Year Ago

Posted 06.15.2011

Read More: Bank of America Profit, Chuck Noski, Bank of America Cfo, Bofa Profit, Bank of America Earnings, Bruce Thompson, Bofa Chief Financial Officer, Bofa Earning, US Bank, Business News

CHARLOTTE, North Carolina (Joe Rauch) - Bank of America Corp posted an unexpectedly sharp drop in first-quarter profit as higher expenses from del...

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16 Mortgage Lenders And Servicers Ordered To Reimburse Homeowners

AP | The Associated Press | Posted 06.13.2011

Read More: U.S. Bank, Mortgage Lenders, Mortgage Servicers, Wells Fargo, Ally Financial, Bank of America, Federal Reserve, First Lien Mortgages, OneWest Bank, MetLife Bank, Hsbc, JPMorgan Chase, Sovereign Bank, Federal Government, Office of Thrift Supervision, Citibank, Foreclosure Abuse, Citigroup, Business News

WASHINGTON/CHARLOTTE, North Carolina (Dave Clarke and Joe Rauch) - U.S. bank regulators announced pacts with the largest home lenders over allegat...

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California Court Gives Hope To Struggling Homeowners

Daily Finance | Abigail Field | Posted 05.25.2011

Read More: Business News, Foreclosure Mess, U.S. Bank, Housing Markets, Homeowners, Housing Crisis, California Courts, Business News

On Jan. 27, a California appeals court ruled that U.S. Bank conned Claudia Aceves out of her home. Specifically, the court found that U.S. Bank (USB) ...

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What Big Banks Fear More Than the CFPA

Stacy Mitchell | Posted 05.25.2011

Read More: JP Morgan Chase, U.S. Bank, Merrill Lynch, Wall Street, Wells Fargo, Financial Reform, Office of the Comptroller of the Currency, Preemption, Chris Dodd, Melissa Bean, Big Banks, Eliot Spitzer, Lisa Madigan, Citigroup, Business News

At stake in the financial reform debate is an issue that has received far less attention than the CFPA, but is at least as important: Whether Congress will restore the authority of states to oversee national banks.

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When a Bank Is too Big to Hide

Sanford D. Horwitt | Posted 05.25.2011

Read More: Deutsche Bank, Aig, U.S. Bank, Wells Fargo Bank, Michael S. Barr, TARP Money, Association of Ethical Shareholders Germany, Common Ground, Community Organizing, Sub-Prime Mortgages, Business News

It may be needlessly costly for a big bank to hide from determined, aggrieved adversaries who hold the moral high ground.

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Patent Theft as a Business Strategy

Pat Choate | Posted 05.25.2011

Read More: U.S. Bank, JPMorgan Chase, Bank of America, Ceo, Wells Fargo, Citibank, Datatreasury, Hsbc, Patent, Patent Infringement, Business News

What makes patent theft so attractive is that infringement is not a criminal act and those found guilty face no jail time. Paying up is the worst that can happen to the infringer.

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