FDIC

Judge to rule soon on temporary Choke Point halt

02/16/17

U.S. District Judge Gladys Kessler is set to rule next week on whether to halt the Justice Department's quest to force banks to cut ties to industries it considers to be at high risk for criminal activity.

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Popular finds reasons to celebrate despite quarterly loss

01/24/17

Cost control and improved credit were overshadowed by a big charge tied to a dispute with the FDIC.

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Municipal finance gains traction at smaller banks

01/12/17

First Internet Bancorp is the latest institution to enter the business or to significantly expand operations.

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There is plenty for banks to worry about in 2017

01/12/17

Any economic environment, including this one, has risks but it is unclear whether banks are sufficiently worried about what lies ahead.

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Big banks worked with pot industry, despite denials, records show

01/11/17

Documents from Massachusetts complicate the narrative that marijuana businesses either can’t get bank accounts or are only being served by small institutions.

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Sessions would enforce federal pot laws, may end choke point

01/11/17

Attorney General-designate Sen. Jeff Sessions R-Ala., could pose a roadblock for marijuana businesses seeking financial services, but might also end a controversial Justice Department program targeting payment processors and financial institutions.

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The Reports Of The Death Of Refund Anticipation Loans Have Been Greatly Exaggerated!

02/02/13

Mark Twain

Tax Refund Anticipation Loans (RALs) are short term loans that are made by Lenders, through tax preparers, which are secured by a taxpayer’s tax refund.

With interest and fees associated with RALs, the effective annual percentage rate for these loans are often in the triple digits.

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Interest Free Credit Cards? Remember P.T. Barnum!

05/23/11

Credit Card companies have a new pitch - "0% Interest on Balance Purchases & Transfers Until XX/1/2012".

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Interest Free Credit Cards? Remember P.T. Barnum!

05/23/11

Credit Card companies have a new pitch - "0% Interest on Balance Purchases & Transfers Until XX/1/2012".

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New Credit Card Regs Effective Today

02/22/10

(See entire posting on this issue at February 10, 2009)

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