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In rare deal, Mass. credit union will acquire a bank
A Massachusetts credit union is making an acquisition, but the acquiree isn’t another financial cooperative. It’s a bank.
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Federal agency announces rule limiting bank overdraft fees
Overdraft fees can be a costly, unplanned expense. But there could be some relief coming to your wallet. The Consumer Financial Protection Bureau announced a new rule Thursday that could save Americans $5 billion in overdraft fees. The penalty can be triggered when a transaction, like a withdrawal or a transfer, causes an account balance to go negative. Low-income Americans…
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Federal agency announces rule limiting bank overdraft fees
The Consumer Financial Protection Bureau says its new rule could save Americans $5 billion.
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Can we have your financial info? ‘Banks Never Ask That,' new campaign says
Banks wants you to be on alert for scams this holiday season, and they’re educating the public with a creative campaign: An interactive quiz to test your knowledge. So, when you’re home with family this Thanksgiving holiday, strike up a little friendly competition and see how each of you stack up. Each year, millions of Americans fall victim to...
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A fun way to help protect yourself from bank fraud
With phishing scams on the rise, several banks teamed up with the American Bankers Association to create the “Banks Never Ask That” campaign, with games and a quiz, that can help teach you or your loved ones what to look out for.
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Citizens to shutter branches across Mass., RI, NH
Providence-based Citizens Financial Group is cutting 15 branches across six states, according to a regulatory filing.
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Bank of America says nationwide account access problem ‘largely' resolved
Bank of America users in Los Angeles and elsewhere reported problems Wednesday accessing accounts online.
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Bank of Ireland glitch allowed customers to withdraw money they didn't have
Some Bank of Ireland customers were able to withdraw money they did not have Tuesday and early Wednesday, thanks to an hours-long technical glitch.
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How do I know if I have ‘unclaimed money'?
One in 10 Americans has unclaimed property or money floating around. Here’s how to know if you are one of them.
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Your paycheck could clear faster now that the FedNow instant payment service for banks has launched
The Federal Reserve launched a new instant payment service Thursday. FedNow allows banks and credit unions to sign up to send real-time payments so they can offer customers a quicker way to send money between banks.