Bank Credit Card Guide & Banking News

US Bank spends $407,260 in 2nd quarter on lobbying about financial reform, tax bills - Minneapolis Star Tribune
NEW YORK - U.S. Bank spent $407,260 on lobbying the federal government in the second quarter, according to a disclosure report. That's more than two-and-a-half times than the $160,000 that the Minneapolis ...
Posted: Tue, 31 Aug 2010 18:33:00 GMT

Major U.S. bank cutting fees on checking accounts - InvestmentNews
Citigroup Inc. will halve the minimum balance on checking accounts with the highest level of service, in a push to get more customers to use the bank for their primary accounts. Clients with Citigold ...
Posted: Wed, 01 Sep 2010 19:00:00 GMT

Big Chicago-based community bank, 7 others shut down; 118 total US bank failures in ... - San Francisco Examiner
WASHINGTON — Regulators on Friday shut down a big community bank based in Chicago that has been known for its social activism but racked by financial troubles in recent months. A consortium funded by several of the ...
Posted: Sat, 21 Aug 2010 03:36:00 GMT

US Bank Tests Retail Payments With Smartphones - SmartHouse
The Bank of America Corp (Bofa) is to begin a test program next month that lets customers use smartphones to pay for purchases in stores, according to the Reuters newsagency. In an attempt to create a 'digital wallet ...
Posted: Fri, 20 Aug 2010 00:38:00 GMT

Big Chicago-based community bank, 7 others shut down; 118 total US bank failures in 2010 - Orlando Sentinel
WASHINGTON (AP) — Regulators on Friday shut down a big community bank based in Chicago that has been known for its social activism but racked by financial troubles in recent months. A consortium funded ...
Posted: Sun, 22 Aug 2010 04:03:00 GMT

US bank profits return to pre-crisis levels - Financial Times
US banks ’ profits rebounded to pre-crisis levels in the second quarter despite the continued struggles of small lenders, as falling loan losses enabled large institutions to reduce provisions and boost ...
Posted: Tue, 31 Aug 2010 20:49:00 GMT