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Bank of America Debit Card Fees

How BofA Is Trying To Change Its Image

Reuters | Posted 07.03.2012 | Business

By Rick Rothacker CHARLOTTE, N.C., May 3 (Reuters) - Bank of America Corp said on Thursday it has selected a team at ...

Man Wins Battle With BofA Over Lifetime Free Checking Account

Posted 04.27.2012 | Business

Bank Of America CEO Brian Moynihan has continued to maintain his bank has "a right to make a profit." A San Francisco man has beat them back anyway. ...

Churches To Big Banks: We're Mad As Hell

The Huffington Post | Jillian Berman | Posted 03.12.2012 | Business

For lent this year, some will inevitably give up the usual guilty pleasures like chocolate or meat. More than a few churches are taking a decidedly di...

It Turns Out 2011 Was A Pretty Great Year For Banks

The Huffington Post | Alexander Eichler | Posted 03.08.2012 | Business

By almost any measure, 2011 was a rocky year -- high unemployment, volatile markets, rising poverty, protests in the streets. Thankfully, the banks ma...

Banks Are Still Trying To Charge You Those Pesky Fees

AP | PALLAVI GOGOI | Posted 03.02.2012 | Business

NEW YORK -- Big banks, facing declining revenues and a regulatory climate that leaves them fewer creative ways to make money, are quietly introducing ...

A Better Form of Capitalism: Consumer Behavior Matters

Peter Smirniotopoulos | Posted 04.18.2012 | Business
Peter Smirniotopoulos

Three recent examples of corporations or organizations behaving badly, and the immediate, negative backlash among their respective consumers and supporters, demonstrate the power possessed by "We the People" when we are socially conscious and take immediate action.

Catherine New

Overdraft Fees Reach A New High

HuffingtonPost.com | Catherine New | Posted 01.18.2012 | Business

The cost of not having enough money just got steeper. The median overdraft fee banks charge customers surged to $30 from $27.50 last year, accordi...

Report: BofA To Lose Most From Overdraft Fee Rules

The Huffington Post | Jillian Berman | Posted 12.20.2011 | Business

Try as they may, Bank of America just can't catch a break. In the latest BofA bad news, it appears that the bank has the most to lose from new fee...

Bank Of New York Mellon Backs Off From Its Plans For Deposit Fee

Posted 11.26.2011 | Business

(JED HOROWITZ, Reuters) - Bank of New York Mellon Corp, which was derided for a plan to charge some of its large corporate and investment manageme...

Justice Department Reviewing Debit Card Fees

Posted 11.23.2011 | Business

Big banks shouldn't rest easy, the debit fee debacle isn't over. The Justice Department is reviewing claims by a lawmaker that banking industry of...

Bank Lobbying On Track To Hit Record High This Year

Posted 11.21.2011 | Business

Big banks are on track to spend a record amount lobbying lawmakers this year. The five banks that spend the most on lobbying have boosted their lo...

Big Banks Slated To Lose Billions In Customer Cash Over Next Year: Report

Posted 11.21.2011 | Business

Big bank interest in netting a profit on the backs of customers may end up backfiring. The top 10 retail banks are projected to lose $185 billion ...

Man Suing BofA For Giving His Account To Another Man With The Same Name

Posted 11.17.2011 | Business

One man is suing Bank of America after the company allegedly handed over his account to another customer with the same name. Konstantinos Alexopou...

Molly Katchpole Pulls a David on Goliath Bank of America

Yvette Kantrow | Posted 01.15.2012 | College
Yvette Kantrow

Clearly, the success of her campaign is a victory for social media and a demonstration of its power to get the masses involved in a cause.

Banks Still Boosting Fees -- Quietly

The Huffington Post | Jillian Berman | Posted 11.14.2011 | Business

Most banks may have backed away from the debit fee idea, but they're still nickle and diming customers in other ways. Banks such as Bank of Americ...

Tens Of Thousands Joined Credit Unions On Bank Transfer Day

The Huffington Post | Jillian Berman | Posted 01.09.2012 | Business

Tens of thousands of Americans joined credit unions on Saturday, as the Bank Transfer Day movement encouraged consumers to move their money out of big...

The Most Mentioned Wall Street Firm In Media This Year

Posted 01.08.2012 | Business

The story is just one of many the media stories published about Goldman Sachs this year. For the third time in a row, the investment bank was ment...

Walmart Benefiting From Americans' Frustration With Big Banks

Posted 01.08.2012 | Business

It's not just local non-profit credit unions that are benefiting from anger directed at big banks -- the world's largest retailer is also getting a bo...

Jillian Berman

Bank Transfer Day, OWS Share Sentiments But Take Different Approaches

HuffingtonPost.com | Jillian Berman | Posted 01.04.2012 | Business

"How do you kill a bank?" mused Christopher Guerra on a blustery morning at Zuccotti Park. "Strip it of its capital. You can't defeat banks head-o...

BofA Had 20 Days Of Trading Losses Last Quarter

The Huffington Post | Jillian Berman | Posted 01.04.2012 | Business

Bank of America can't seem to catch a break. The bank brought in less than it spent in financial markets -- known as a trading loss -- on 20 days ...

More People Joined Credit Unions Since BofA's Debit Fee Controversy Than In All Of 2010: Survey

The Huffington Post | Jillian Berman | Posted 01.03.2012 | Business

More consumers flocked to credit unions last month than in all of 2010 combined, likely in part due to the controversy surrounding debit card fees. ...

BofA Customers Most Likely To Leave Their Bank

The Huffington Post | Jillian Berman | Posted 01.03.2012 | Business

Customers at Bank of America are more likely to leave the bank than customers of other big banks and credit unions, according to a recent poll. Ni...

Occupy Wall Street: Hidden Victories and Hidden Allies

Don McNay | Posted 12.29.2011 | Business
Don McNay

Most of Bank of America's competitors have decided not to impose a debit card fee and even Bank of America itself is looking to modify (or hopefully eliminate) the charge. Chalk this up as an Occupy Wall Street victory.

The 10 States Where Bank Accounts Are The Least Popular

Posted 12.28.2011 | Business

As debate rages over the role of banks in society today, a sizable number of Americans continue to have no bank account at all. Close to one-third...

Some Big Banks Decide Debit Fee Not Such A Good Idea

Jillian Berman and Bonnie Kavoussi | Posted 12.28.2011 | Business

Some big banks are beginning to decide that charging a debit card fee may lead to more trouble than it's worth. JPMorgan Chase has decided it isn'...