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As Customers Flee, Big Banks Don't Seem to Care
Filed under: Bank of America, Credit, Banking Leigh Lumley, 74, opened his checking account at Bank of America (BAC) in 1978. On Thursday, he closed it. The retired insurance salesman who lives Salem,...
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Beyond Card Fees: Banks Look To Sell Your Data
Filed under: MasterCard, Visa, Banking, Credit CardsNew and higher debit card fees may not be enough to satiate the big banks. Financial institutions looking for more revenue are now eyeing another...
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Money-Life Balance: What It Is and How to Get It
Filed under: Family Money, Personal FinanceWe're familiar with the idea of work-life balance -- that miraculous sweet spot where one's out-of-office world is rich and full, and doesn't collide with...
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Why 'Bank Transfer Day' Won't Work
Filed under: BankingMore than 64,000 of Americans have signed up to participate in "Bank Transfer Day" on November 5. Most will likely fail in their mission to switch to a new bank, according to a...
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The Costs of Living Longer: Retiring Frugally vs. Finding Love
Filed under: RetirementPlanning for a comfortable retirement takes foresight, a lifetime of saving money and little familial luck. But planning for love? That might cost you. As a widow, Goldie Linder,...
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More Southerners Are Off the Banking Grid
Filed under: Credit, Banking More people in the Southeast don't have bank accounts than in any other part of the country. Mississippi leads the country with more than 16% of households using...
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Banks Back Away from New Fees, Focus on Cost Cutting Instead
Filed under: Economy, JP Morgan Chase, Bank of America, Citigroup, Wells Fargo & Co, BankingThe financial world's fee fever may have abated -- for now. On Friday, Bank of America (BAC) seemed...
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A Secret Trick to Boost Holiday Cash Flow
Filed under: Taxes, Personal FinanceThere may be a way to unlock some extra cash for the holidays right under your nose. If you're getting a tax refund of more than $500 come springtime, it means you...
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Battered Bank of America Drops Debit Card Fee Plan
Filed under: Company News, Bank of America, BankingIs Occupy Wall Street working? Bank of America (BAC) announced on Tuesday that it's dropping its plan to charge a $5 monthly fee to customers who use...
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Long-Term Unemployment Hits Older Workers the Hardest
Filed under: EconomyTo get an idea of how many Americans have been out of work for more than a year, envision the state of Louisiana. Yes, the state's population -- around 4.4 million -- is about the...
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Resentment Builds Ahead of Bank Transfer Day
Filed under: People, JP Morgan Chase, Bank of America, Citigroup, Wells Fargo & Co, BankingIf money talks, how loudly does $4.5 billion speak? That's the amount added in deposits at the nation's...
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Bank Transfer Day: Small Protests, Big Changes
Filed under: JP Morgan Chase, Bank of America, Wells Fargo & Co, BankingDid Bank Transfer Day work? Over the weekend, many Americans came out to protest big banks, and while there's no hard data...
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Senators Take Aim at Bank Accounts' Fine Print
Filed under: Banking, Consumer AllyHave you ever really read all the disclosures that came with your bank account? Nope -- we haven't either. And that should come as no surprise: The average length of...
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Bank of America Settles Excessive Overdraft Fee Lawsuit for $410 Million
Filed under: Bank of America, Banking More than 13 million Bank of America (BAC) debit-card customers could see some repayment for excessive overdraft fees the bank charged between January 2001 and May...
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Former Google Exec Jumps Into Payday Lending with ZestCash
Filed under: Technology, Banking, Consumer Ally A former Google executive has moved from the world of Internet searches to the world of high-interest, short-term lending. He says his operation,...
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As Italian Drama Persists, Fears of Credit Crunch Spread to Small Businesses
Filed under: Economy, DebtThe Atlantic Ocean is wide, but maybe not wide enough. On Thursday, markets had a mixed reaction to the deepening economic crisis in Europe. With Silvio Berlusconi's exit as...
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The Long-Term Relationship You Just Can't Quit
It's an abusive relationship and you'll probably never end it. Time and again your partner takes advantage of you. You lost trust a while back. You don't even expect any satisfaction anymore, but it's...
View ArticleBig Banks Could Lose $185 Billion Next Year, As Anger Builds: Research
Filed under: Economy, Family Money, Personal FinanceBig banks risk losing as much as $185 billion in the next 12 months as account holders say no to being nickeled and dimed, according to a new report...
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Americans' Financial Distress Is Getting Worse Again
Filed under: Economy, CreditAmericans' economic health appears to be edging closer to code red as we head into the holiday season. A report released Thursday showed that the Consumer Distress Index...
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Facebook Friends Get a New Benefit: Now You Can Send Each Other Money
Filed under: Technology, Facebook, Banking The most precious of holiday cards -- the one shaped like a $20 bill, with a peekaboo cutout for the president's face -- may be a thing of the past. Now you...
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