A bank branch recently contacted the Montebello Police Department, near Los Angeles, to assist them with a banking customer who was being disruptive. Evidently, an elderly gentleman was being unruly and causing a scene. Montebello Police dispatched Officer Robert Josett to … Continued
Imagine rates so low that they’re actually in the negative. Instead of making money off your investment, you would have to pay the bank to house your cash. Although it may not even seem legal, negative interest rates are a real possibility. In … Continued
The US census data is out and the information on the fastest and slowest growing states has finally arrived. This gives state governments a chance to compare records and mark their progress. Continue reading below to find out which 5 … Continued
The ongoing battle between independent ATM operators and the major credit card companies continues as the Supreme Court has agreed to hear in their next term, an appeal made by MasterCard Inc., VISA Inc. and several other leading banks. The … Continued
During President Obama’s landmark trip to Cuba in March 2016, great fanfare was made of US businesses including AirBnB and Starwood Hotels. However, left unsaid was the progress of Stonegate Bank. The firm made a historic announcement back in November 2015, becoming … Continued
The financial crisis of 2007-2008 resulted in hundreds of bank failures. In the year after the crisis, bank closures cost the FDIC‘s Deposit Insurance Fund more than $38 billion. As the U.S. economy slowly recovered, fewer banks have been closed and sold by … Continued
How did America’s largest banks, including JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), and Citigroup (NYSE:C) make over $11 billion from overdraft and NSF fees in 2015? For the first time, the Consumer Financial Bureau has made it easy to understand by … Continued
The banking industry has always been in a state of change, especially over the past decade. With new technologies and ways to improve productivity surfacing every year, banks are engaging in these changes to increase customer loyalty and maintain competition. … Continued