banking

A growing group of state attorneys general is taking a stand against the big credit rating agencies. What’s their main beef with how these firms rate fossil fuels?

Less than two years ago, the bank closed nearly 10% of its locations. Now, it is ready to do it all over again.

Stay ahead of counterfeiters with the upcoming U.S. postal service money order design featuring advanced security elements.

"Our research indicated that Cheyenne is a vibrant market that is hungry for local, community banks. There are offices and branches of large national banks, but only a few local banks. We think those two facts make this an attractive place to expand" stated Greg Dixon, the CEO and President of Hilltop.

On Tuesday, celebrity chef Mario Batali alienated his upper crust clientele by comparing the acts of the banking industry to those of dictators Hitler and Stalin. On Wednesday, he tweeted his apology.

While Bank of America and other major banks have now scrapped a widely-derided plan to charge customers a monthly fee for using their debit cards, a new survey shows at least 650,000 people closed their accounts with those banks in the past month and fled to more consumer-friendly credit unions.

In response to Bank of America’s recently announced $5 monthly fee for debit card usage, Florida-based Community Bank is doing the reverse — it’s paying customers to bank with them.