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.
New director Richard Cordray holds first field hearing, followed by session with credit union leaders, in Birmingham, Ala.
BofA is not releasing any details on whether it experienced any account closures during the fourth quarter or around BTD.
Callahan & Associates named Omaha businessman Sean Hession as the new president/CEO of the analytical services and data provider. And the firm said it is “transitioning ownership of the company to its management team.”
Omaha businessman Sean Hession takes over as Washington, D.C., analysis, data firm "transitioning ownership" to management team.
It started simply enough. Bank of America announced, and later reversed, a decision to charge debit card users a $5 fee.
Democratic House members won’t pick a successor to retiring Rep. Barney Frank (D-Mass.) in the top spot on the House Financial Services Committee for a year, and it’s far from a sure thing that the member next in line, Rep. Maxine Waters (D-Calif.), will get the nod.
South Carolina Federal Credit Union and the South Carolina Credit Union League may have the workaround for a national credit union brand awareness campaign.
Implementing new branch technologies, such as in-branch iPads for forms and signatures, could soon be a leading strategy for community banks looking to improve their commercial lending lines of business.
Retiring Massachusetts congressman's spot won't be filled for a year, but seniority may not be the deciding factor.