-
MINNEAPOLIS -- U.S. Bank has earned top honors from Keynote Competitive Research, the industry analysis group of Keynote Systems Inc., (Nasdaq: KEYN),...
-
Already One of the Fastest-Growing Aspects of Socially Responsible and Sustainable Investing, Community Investing's Continued Rise Seen As Fueled by 3 Major Trends Among Consumers, Institutions.
WASHINGTON, April 13, 2011 /PRNewswire-USNewswire/ -- "Community investing" is already the unsung hero in thousands of towns and neighborhoods across America, where it quietly has added jobs, local services and support for small businesses where traditional lenders have been unable or unwilling to do so. In 2011, community investing is poised to become much more widely visible as a result of three trends that could boost related investments from individuals and institutions, according to experts from the Social Investment Forum, Green America, One PacificCoast Bank and the National Federation of...
... development banks, community development credit unions, community development loan funds and commu...
-
Here's some good news, sort of. According to the FBI, there were fewer bank and credit union robberies in the US in 2008 than in 2007. The numbers for 2009, still being compiled at the time of this writing, are on track to be lower still. But it's cold comfort, because there an still far too many robberies for anyone's liking. There were more than 6,200 in 2008. And robberies seem to happen in clusters, with little warning or reason. Takedown robberies -- the kind where a group of individuals comes in armed and forces all the employees and customers to get on the ground -- are only one of the many types of bank and credit union robberies. One of the most effective new anti-robbery tools is a program called SafeCatch. Developed in 2006 by Seattle-based FBI agent Larry Carr, with help fro...
-
RICHMOND, Va. -- Circuit City Stores Inc., the nation's No. 2 consumer electronics retailer, will sell its private-label credit- card business to Bank One Corp. for $1.8 billion in cash.
Circuit City said Tuesday that it is shedding the credit-card operation so it can focus on renovating and relocating aging stores, as well as opening new outlets. In November, the retailer sold a bank-card portfolio to FleetBoston Financial for $1.3 billion.
-
A direct-mail credit card solicitation violated federal consumer protection law because it misled card users regarding the circumstances under which their interest rates could be raised, the 9th Circuit has ruled in reversing a dismissal.
The plaintiff received a direct-mail credit card solicitation from Capital One Bank.
-
OREM, Utah -- iMergent, Inc., (AMEX:IIG) a leading provider of eCommerce and software for small businesses and entrepreneurs, announced a new two year...
-
For the first time in the 74 years that the Social Security program has been paying benefits, new applicants will not have the option to receive their benefits by check.
Benefits will have to be deposited directly into one's bank or credit union account, or loaded onto a special prepaid debit card.
-
Business Editors
BOSTON--(BUSINESS WIRE)--June 9, 2003
Bank One is weathering turbulence from waning interest in its traditional mileage rewards c...
-
During the height of the Great Depression in 1933, President Franklin Delano Roosevelt declared a "Bank Holiday," shutting down financial institutions for a week, so customers couldn't withdraw their money. It was a pivotal moment in the nation's banking history. When banks opened, they faced new regulations and consumers had new protections.
Credit unions are pushing hard for a very different kind of bank holiday - a permanent one in which they're urging customers of for- profit banks to come to them instead as part of what's being dubbed "Bank Transfer Day.
-
Attorney General Darrell McGraw's office has asked a Mason County judge to put a halt to what it alleges are improper credit card practices by Capital One bank and several of its subsidiaries.
The complaint, filed this week in Mason Circuit Court, accuses the bank of a laundry list of unfair practices, including disguising debt collection by issuing a new credit card, issuing multiple low- limit credit cards so they can charge multiple fees rather than raising the limit on an existing account, and billing on cards that were never activated.