Bank Transfer Day encouraged consumers to walk into credit union branches and open accounts last Nov. 5. And as credit unions reviewed their deposit growth data from fourth-quarter 2011, many viewed the media-hyped event a success.
The court documents contain the same language used in lawsuits against big banks, allege ordering debit transactions to maximize overdraft fees.
Javelin study finds opportunity for credit unions with $675 billion in deposits in possible play.
Last fall, 16 secret shoppers visiting branches at some of the nation’s biggest banks found out just how hard it was to close an account.
From fees to close accounts and transfer funds to so-called zombie accounts, some banks are making it harder for consumers to leave.
Mobile banking is growing twice as fast as online did in its early days. That and more in this week's Mobility Matters by Robert McGarvey.
For the first time ever, credit unions have originated more than 8% of U.S. mortgages originated in any given three month period, according to an analyst with Callahan and Associates.
Near-field communications panelists watching Isis pilots, says wave-and-pay technology awaiting consumers, security rules.
At a recent investment education seminar at a large hospital in Boston, Matthew Morrow witnessed what he says is a shift in who were asking some of the more poignant questions.
Unintended consequences of adopting new technologies can be avoided.