Despite many banks ending free checking, an FDIC data dump shows bank fee income is actually falling.
Banks have launched new advertisements that question whether credit unions are really helping the country.
A new survey of bank account balances shows that many consumers are keeping abnormally high amounts in their traditional checking accounts. Are you one of them?
It looks like community banks are finally starting to realize the federal government’s regulatory tightening on systematically important financial institutions is actually going to help them. If you’ll recall, last year, then-FDIC chairman Sheila Bair was heckled at a gathering of mostly community bankers organized by the American Bankers Association in San Diego Washington, D.C.
Tired of all the new fees popping up at large national banks? There’s a bank protest afoot that doesn’t involve camping, picketing or being gawked at by the national media. It’s called “Bank Transfer Day,” and it’s a social-media driven movement started by art gallery owner Kristin Christian. It aims to convince bank customers angered
Andrew Johnson at American Banker informs us that JPMorgan Chase has ended its somewhat controversial testing of higher ATM fees for noncustomers in Texas and Illinois: The trial concluded at the end of March, said the spokesman, who declined to give a reason or say whether JPMorgan Chase is looking at testing higher ATM fees
Banks and their customers don’t exactly see eye to eye when it comes to consumers’ attitudes about banks’ reputation and trustworthiness. That’s the key finding of one recent survey on the subject. The difference between consumers’ and bankers’ impressions was a matter of 44 points on the most recent biannual Index of Bank Sentiment, created