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By David Morrison |
May 16, 2012
Credit unions with fields of membership in certain communities across the U.S. may get an opportunity to purchase a Bank of America branch.
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By Jim Rubenstein |
April 20, 2012
Head of National People's Action group says focus will be on Wells Fargo, Bank of America annual meetings in coming days.
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March 25, 2012
While Bank Transfer Day helped to boost membership to record numbers, the industry could see an exodus of some of its more profitable members in 2013 if credit unions are not capitalizing on those relationships.
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By Myriam DiGiovanni |
March 19, 2012
If David Tuyo, interim president/CEO at Pen Air Federal Credit Union, has his way, get ready for the $1.1 billion credit union to change the world.
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By Michelle A. Samaad |
February 24, 2012
The discontinuance of new mortgage loans by BofA is in response to an ongoing dispute over the expenses on defective mortgages and Fannie Mae’s position on repurchases, reports say.
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By David Morrison |
February 5, 2012
It’s rare that a novice credit union member signs up for his or her CU’s credit card right off the bat. The first account is usually a savings or share account, often followed by a checking account for the debit card. Sometimes if there is an indirect lending program, new...
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By Michelle A. Samaad |
January 31, 2012
Three months after the backlash grew when Bank of America attempted to levy a monthly debit card usage fee to spawn Bank Transfer Day, the financial institution is not saying whether the nationwide effort had an impact on any account closures.
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By Michelle A. Samaad |
January 19, 2012
BofA is not releasing any details on whether it experienced any account closures during the fourth quarter or around BTD.
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By Michelle A. Samaad |
January 4, 2012
Bank of America is calling recent reports that it is cutting or closing the credit lines for all of its small business clients "speculation."
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December 18, 2011
A failed attempt to charge a monthly debit usage fee contributed to Bank of America being ranked last in a customer satisfaction index.
