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Millions of ‘unbanked’ Americans lack adequate access to financial services
WASHINGTON, D.C. (NewsHour) — It’s not well known, but about 4.5% of U.S. households are unbanked, meaning no one in the house has a checking or savings account. The rate… Read More
38 Attorneys General Ask Congress To Bring Marijuana Money Into Banking System
Most states have legalized marijuana in some form. But federal law still considers it an illegal drug, which exposes banks to legal risk if they handle weed-related money or transactions.
CEOs Of Big Banks Face Tough Questioning Over Their Pay
The House Financial Services Committee is grilling executives from seven banks Wednesday about overdraft fees and executive pay. The hearing comes 10 years after the financial crisis.
Mobile Deposit Scam Leaves Victims Repaying Bank
Kentucky Attorney General Andy Beshear’s office has issued a new scam warning after a mobile deposit scam cost one Kentuckian $10,000. The Franklin County resident provided her bank account information… Read More