by Beth Holmes | Jul 22, 2023 | Companies, News
Deceptive practices by Bank of America against hundreds of thousands of customers have resulted in over $250 million in penalties. On Tuesday, the Consumer Financial Protection Bureau (CFPB) issued a statement about their findings against the second-largest bank in...
by Beth Holmes | Jan 24, 2022 | Companies, News
Bank of America is planning to eliminate bounced check fees, among other fee reductions. Non-sufficient funds (NSF) fees are almost universal among banks and credit unions. They’re the fee a bank charges when a customer overdraws their account by check....
by Admin | Sep 2, 2016 | Companies
Companies decide to merge and acquire competition for several reasons, and one industry that has seen a lot of it over the past few decades is the banking industry. Mergers and acquisitions have become the most frequently used methods of growth for companies, as they...