Capital One Bank Holidays for 2022
Need to know if your local Capital One Bank or Capital One Cafe is open or closed on a certain holiday? All Capital One locations in the United States will be closed on the below dates in 2022. When a … Continued
India Bank Holidays
Bank holidays in India vary widely depending on the state. This is because the country is culturally, ethnically, and religiously diverse. There are 3 holidays in India which are observed throughout the nation. All banks will be closed on these … Continued
UK Bank Holidays
In the UK, there are six official bank holidays that are spelled out in the Banking and Financial Dealings Act of 1971 that are observed throughout the country. The six holidays are New Year’s Day, Good Friday, May Day, Spring Bank … Continued
Bank Returns Funds After Thieves Empty Account of America’s Oldest Living Veteran
After a thief stole the identity of the oldest living veteran in the United States and emptied his account, his bank returned his money. According to Volma Overton, the cousin of 112-year-old Richard Overton, Bank of America returned the funds and … Continued
Green Banks: A Banking Alternative for the Cannabis Industry
The California Senate passed a bill that would allow state-chartered banks to offer banking services to the state’s legal cannabis industry. If the bill passes the Assembly, it would be a major step in the progress of the cannabis industry, … Continued
“Computer Glitch” That Went Unfixed for 5 Years Caused Hundreds of Bank Customers to Lose Their Homes
Wells Fargo blames faulty computer software for the foreclosure of hundreds of homes after the bank incorrectly denied them mortgage modifications. The computer error began in April 2010, was fixed in October 2015, and Wells Fargo only admitted it in … Continued
Cops Arrest Bank Robber, Then Discover He’s the Deputy Sheriff
A Davidson County Sheriff’s Deputy was arrested and charged for robbing F&M Bank on West Main Street in Rockwell, NC. Deputy Jeff Athey calmly walked into the bank without hiding his face from security cameras. He showed a teller his … Continued
Banking Is No Longer a Financial Service: New Treasury Department Rule Gives Huge Tax Break to Banks
According to the Treasury Department, banking is no longer a “financial service.” With this reclassification, a new Treasury Department proposal hands huge tax breaks to banks. In 2017, the Tax Cuts and Jobs Act stated that financial services companies were … Continued