Bank of America
The government’s new consumer watchdog agency is launching an investigation into costly overdraft fees charged by big banks, and the investigation could result in new rules or even lawsuits if banks are accused of violating consumer laws.
A landmark $25 billion settlement with the nation’s top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit.
It was part of a “National Day of Action” against big banks, organized by the online group MoveOn.org.
An attempted bank robbery was foiled when police caught the suspect red-handed, with money falling out of his pockets.
Philadelphia Federal Credit Union opened 1,400 new accounts last month, 400 more than normal.
The Occupy Wall Street and Occupy Philly movement wants people to relocate their money from banks to credit unions.
By Jim Donovan: Chase and Wells Fargo are joining the list of banks that won’t be charging customers to use their debit cards, as the backlash over Bank of America’s planned $5 monthly fee continues. […]
“Credit unions operate their financial services through banks, so the banks will charge the credit unions the higher fees and guess what? The credit unions are going to pass them on to you.” finance professor Christopher Coyne says.
The FBI and Philadelphia Police are searching for the suspect involved in an attempted robbery of a Bank of America and the robbery of a PNC Monday afternoon.
By Jim Donovan: If you have a Bank of America credit card, or know someone who does, please listen up. I have a very important reminder, especially for those of you that don’t read all […]
By Jim Donovan: It will soon be a lot easier to bank using just your phone. Bank of America, JP Morgan Chase and Wells Fargo are teaming up to launch a service called Clear Exchange. […]
By Jim Donovan: Bank of America customers are waking up to new fees this morning. Beginning today Bank of America will raise the monthly charge on its most popular checking account, called MyAccess, from $8.95 […]
Tips from the public helped to identify the man who stole a disability check from a disabled Philadelphia marine veteran.
A marine from Philadelphia has some pretty choice words for the guy who stole his $44,000 disability check.
Two groups far apart on the political spectrum protested during the noon hour less than two blocks apart.