Because Wal-Mart’s bank charter had taken their customers away, the banks started crying that Wal-Mart was unfair competition!
Will your next bank be Wal-Mart? Probably not for most folks but for many, it already is.
As people get fed up with fees that continue to increase, many have switched to smaller institutions that do not charge as high of fees, but a good number of people have decided that that can live without a bank account.
For these people there is an alternative to cash, as Wal-Mart's push into banking has greatly expanded the financial services customers can access at their stores.
the Journal indicates that banks increase auto lending to consumers by easing auto loan standards considerably.
Talk about chutzpah. Freddie Mac suing the banks is like Bernie Madoff suing the SEC for not stopping him sooner.
A study from research firm, Moebs Services, says it is cheaper sometimes to use payday lenders than paying bank overdraft coverage fees.
The decision by Wal-Mart to offer a prepaid American Express card called the Bluebird card that targets those who are upset by banking fees
Debit cards are issued by banks and can come with more fees than you want to know about. Target REDcard is set up so the card covers charges made at Target.
American savings banks are financial institutions that primarily accept savings deposits.