The government says consumers who opt for overdraft coverage on checking accounts pay higher fees and are more likely to have their accounts closed than those who decline it.
In an effort to be friendlier (and lure customers) banks are giving away services like personal consultations, financial literacy classes and seminars. And that's good for us.
Some banking execs say brick-and-mortar branches remain the best way to gain and serve customers, despite technological inroads that have left the corner bank a seeming relic.
The nation's second-largest bank says it will take steps to protect its customers from fees and other charges that payday lenders may slap on them.
A recent survey shows that a majority of Americans have more money in their "emergency funds" than the owe on their credit cards.
Low interest rates may be great for borrowers, but they're terrible for savers. Bank accounts on average are paying around half a percent -- which doesn't even keep up with...
While thousands of Americans unleash their anger at big banks in protests around the country, many more are registering their dissatisfaction from their keyboards. In the...
Free checking is becoming an endangered species as banks add fees for basic services or add requirements like direct deposit or high balances.