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Tag: Bank of America

Feds Announce Record Settlement With Bank Of America, Shareholders Breathe Sigh Of Relief

Kelly Phillips ErbAugust 21, 2014

Bank of America Corporation (BoAC) will pay $16.65 billion to settle claims against Bank of America and its related parties (including Countrywide Financial Corporation and

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Bank Of America Officially Ditches Debit Card Fees

Kelly Phillips ErbNovember 1, 2011

Ah, insanely crazy debit fees, we hardly knew ye… Earlier this year, Bank of America announced plans to charge debit card customers a $5 monthly

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Big Banks Switch Course On Debit Card Fees

Kelly Phillips ErbOctober 29, 2011

I was wrong. There, I said it. I was absolutely convinced that Bank of America‘s plan to charge its own customers fees for using their

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Bank Of America Debit Card Fees Slammed As "Durbin Tax"

Kelly Phillips ErbOctober 4, 2011May 19, 2020

I know I’m dating myself but I remember when people used to pay for purchases in cash and occasionally, with checks. Not so much anymore.

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Big Banks Move On… With A Little Help From Their Friends?

Kelly Phillips ErbDecember 15, 2009January 21, 2020

Wells Fargo announced early this week that it will repay $25 billion received under the Troubled Asset Relief Program (TARP). The announcement comes on the

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