WellsFargo

Faced with the prospect of becoming the biggest municipal bankruptcy in U.S. history, Stockton, Calif., decided on a novel gambit: They just stopped paying some of their bills.

Wells Fargo stopped offering free checking to new customers in 2010, but if you already had it, they didn't take it away. Now, it's introducing a $7 monthly charge in six (thus far, unidentified) states for customers with those formerly free checking accounts.

Wells Fargo has agreed to pay $85 million to settle civil charges over subprime lending - the largest ever fine imposed by the Fed in a consumer-enforcement case. Thousands of consumers could be compensated by up to $20,000 each.

If you get turned down for a permanent mortgage loan modification, is filing a lawsuit against your bank the way to go? Not enough data in to spot a trend, but news out of Boston Wednesday does suggest a relatively new approach that more distressed homeowners may eventually wish to try: suing.

Earlier today, the Consumer Federation of America (CFA) and the Financial Services Roundtable (FSR) released the results of two new consumer surveys -- both of which you may be interested in. (But if you aren't interested, here's a video you can click on, featuring a cat playing the piano. I aim...

If you hate your bank, you aren't alone. In the wake of bank failures and shotgun marriages resulting from the financial crisis, customers are far less satisfied with the service they're receiving from the nation's two biggest banks: Bank of America and JPMorgan Chase.

Wells Fargo recently surveyed 1,000 online banking customers and discovered that it's the 30-somethings who are more likely to use an online bank Web site, mobile banking and other Internet-related tools to manage their finances. The 30-something folks are also using social networking, advanced...

The dam is breaking. Just a few days after Bank of America and Chase announced that they're revamping the way they charge for overdrafts, Wells Fargo and U.S. Bank are getting in on the action. Wells Fargo, which owns Wachovia Bank, will no longer have overdraft fees for people who overdraw their...

It's hard to imagine a pleasant foreclosure. Like root canals or appendicitis, they don't really come with a silver lining; after all, it's hard to find a way to put a smiley face on being turned out of one's home. However, while there are few things that can make a foreclosure enjoyable, there are...

The changes are subtle, but has anyone noticed? It's getting a little harder to distinguish banks from payday lending establishments.There are at least three major banks that offer cash advances to their customers, in the way that the often-criticized payday lending stores do. I just find it...