Several banks have joined JPMorgan Chase in waiving fees for customers affected by Superstorm Sandy.
Credit unions aren’t just keeping up with banks. They seem to be outpacing them. In the 2011 California Bank & Credit Union Survey conducted by Prime Performance, the Sacramento-based credit union Golden 1 topped the charts in each of the four surveyed areas for a total overall customer experience score of 79 percent. Here’s a
In another case of the discussion of new bank fees climbing up Capitol Hill, some lawmakers suspect recent fee hikes may be a violation of federal anti-trust laws. U.S. Rep. Peter Welch (D-Vt.) wrote a letter to the Attorney General’s office Thursday to ask for an investigation into the new fees and the possibility banks
Add another name to the list of big banks adding fees to their checking account structures in an attempt to make up for falling profits. In an announcement late last week, Citigroup unveiled plans to begin charging account holders a $10 monthly fee unless they can meet certain terms. The change goes into effect in
What’s the worst that can happen if you don’t pay your credit card debt? Hounding phone calls. Bad credit. Court order. How about death? Sounds outrageous, but that’s exactly what Indonesian police officials alleged happened to one man who met with debt collectors hired by Citibank to settle his $11,000 credit card obligation. The Washington
Citi Cards and Citibank customers who choose paperless statements have a chance to win one of six $5,000 prizes by enrolling before July 10, 2010.