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Banking

A collection of news and information related to Banking published by this site and its partners.

Top Banking Articles

Displaying items 89-99
  • READER SUBMITTED: Thomaston Savings Bank Foundation Supports Hispanic Coalition Of Greater Waterbury

    The Hispanic Coalition of Greater Waterbury has been serving our community since 1988 and continues to dedicate time to the advancement of the Hispanic community through social services, educational programs, and advocacy. The Coalition received a $1,...
  • Overdraft fees risky for consumers, bonanza for U.S. banks: report

    WASHINGTON (Reuters) - Consumers who opt in for bank overdraft protection end up paying more than double for small purchases, a U.S. consumer watchdog warned on Thursday, giving banks a fee bonanza when checking accounts are short of funds. A study by...
  • Ford expected to plead guilty to misdemeanor tax charge

    Ford expected to plead guilty to misdemeanor tax charge
    LaShawn Ford, a state representative charged in 2012 with federal bank fraud charges, is scheduled to plead guilty this morning to a misdemeanor tax count, not felony bank fraud charges on which he was initially indicted, according to a source. The U.S....
  • BofA said to agree to pay up to $17 billion in settlement

    Bank of America has agreed in principle to pay between $16 billion and $17 billion to settle with the U.S. Justice Department over the sale of faulty mortgage bonds, a person familiar with the talks said Wednesday. The news came the same day the bank...
  • Former BofA short-sales employee gets prison term for taking bribes

    Former BofA short-sales employee gets prison term for taking bribes
    A former Bank of America mortgage employee was sentenced to 30 months in prison for pocketing $1.2 million in payoffs to approve sales of distressed properties for far less than their actual value. Kevin Lauricella, 29, who had worked for BofA in Simi...
  • Mobile money grows in Africa but hurdles remain

    DAKAR (Reuters) - IT technician Mansour Diagne is one of the lucky few in Senegal to have a bank account, but when he needs to pay some bills or transfer cash to his sisters on the other side of the crowded capital Dakar, he reaches for his mobile phone....
  • Discovery Science Center's L.A. offshoot museum to open in November

    Discovery Science Center's L.A. offshoot museum to open in November
    Turning a lingering and expensive civic embarrassment into a new asset for science education, a never-used, $21.8-million building paid for by the city to give the San Fernando Valley its first major museum finally will open Nov. 13 at Hansen Dam...
  • La Cañada History: Area PGA player named Golf Professional of the Year

    La Cañada History: Area PGA player named Golf Professional of the Year
    Ten Years Ago La Cañada High School received a face-lift in the summer of 2004 when about 3,000 gallons of paint, most of it in the shade "Ventura Yellow" covered its previously gray walls. "I think it looks great," said Cynthia Keech, then principal of...
  • C&F Bank names two new Peninsula managers

    C&F Bank named Susan Burns as manager of the Kiln Creek office and Eric Floyd as the branch manager in Hampton Burns will be focusing on growing business banking relationships to include lending and a full array of deposit solutions, according to a news...
  • Aug. 12: Social media seminar with Tidewater Mortgage Bankers

    Aug. 12: Social media seminar with Tidewater Mortgage Bankers
    Damien Smith, the director of marketing for Farmers Bank, will share the secrets of successful social media during the Tidewater Mortgage Bankers Association’s upcoming seminar, “Relationship & Content Marketing Reboot: A New Approach to...
  • Nearly 20% of home equity loans face higher default risk, report says

    Nearly 20% of home equity loans face higher default risk, report says
    As much as $79 billion in home equity lines of credit are at heightened risk for default in coming years as Americans face a day of reckoning on their boom-era second mortgages, a new study found. Many home owners who took out so-called HELOCs during...