Apr
2
In-school banks make financial sense
April 2, 2010 | Leave a Comment
Here's an awesome idea. Put banks in schools. It just makes sense. When students at Carter High School in Strawberry Plains, Tenn., forget their lunch money, they don't have to worry about going hungry. Instead, they go to one of the five tellers who work at the student-run bank, where they can withdraw money from [...]
Sep
24
Bank of America, Chase reform overdraft fees
September 24, 2009 | Leave a Comment
On Monday Bank of America and JPMorgan Chase said they will reduce overdraft fees and overhaul checking account options. Overdraft fees mean billions of dollars for banks annually, but with financial system reform in the national spotlight, consumers and lawmakers want banks to ease up on the penalties. On Oct. 19, Bank of America says [...]