Banking Blog

Monday, August 25, 2014 3:30 pm
By Allison Ross · Bankrate.com

SNL Financial says that it has seen six instances of credit unions buying banks in the last several years.

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Friday, August 22, 2014 2:30 pm
By David McMillin · Bankrate.com

Americans aren’t ready to replace bank branches with mobile technology, a survey shows.

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Friday, August 22, 2014 1:00 pm
By Allison Ross · Bankrate.com

George Washington, Abraham Lincoln, Alexander Hamilton, Benjamin Franklin — these people have a number of things in common. They are all famous U.S. figures. (No, they were not all U.S. presidents.) Their faces are all on U.S. currency. And they are all men. Indeed, all U.S. paper currency notes bear the faces of American forefathers

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Monday, August 11, 2014 5:30 pm
By Allison Ross · Bankrate.com

Add the CFPB to the list of agencies warning consumers about the perils of cryptocurrencies.

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Monday, August 11, 2014 2:00 pm
By David McMillin · Bankrate.com

As more consumers ditch checking accounts in favor of prepaid cards, some fraudsters are targeting cardholders in online scams. A recent New York Times story by Matthew Goldstein highlights that one particular financial product seems to have become the focus of regulators. It’s called MoneyPak, and it’s known as a “cash top-up card.” Rather than working

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Tuesday, August 5, 2014 3:30 pm
By Allison Ross · Bankrate.com

CFPB warns schools about a lack of transparency in their agreements with banks to market products to students.

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Tuesday, August 5, 2014 1:00 am
By David McMillin · Bankrate.com

One bank decided to show account holders how much the institution appreciates their business with some very special gifts.

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Thursday, July 31, 2014 5:00 pm
By Allison Ross · Bankrate.com

The Consumer Financial Protection Bureau again has raised concerns about overdraft protections at banks, today releasing a report that says small debit card purchases lead to expensive overdraft fees. “Today’s report shows that consumers who opt in to overdraft coverage put themselves at serious risk when they use their debit card,” CFPB Director Richard Cordray

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Thursday, July 31, 2014 8:00 am
By Allison Ross · Bankrate.com

Hoping to grab more business, a rising number of bankers are turning to the unbanked and underbanked as opportunities for growth, according to a new survey. The KPMG Banking Outlook Survey, released Monday, surveyed 100 senior bank executives. It found that 23 percent see underbanked consumers as the greatest growth opportunity, a jump from the

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Wednesday, July 30, 2014 3:00 pm
By Allison Ross · Bankrate.com

The Federal Deposit Insurance Corp. has revised a warning to banks about dealing with potentially fraudulent businesses, eliminating a list of sample merchants it said may warrant special scrutiny. The FDIC said that the list of risky merchants, which included certain telemarketers, pornography businesses, coin dealers, payday lenders and online gambling companies, was not meant

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