banks
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Americans are finally feeling some sort of relief now that stimulus checks are arriving in bank accounts. But if you have an account with one of America’s biggest banks, you’ll have to wait a little longer for your stimulus. It has been more than a year since COVID-19 took hold of the country, and this […]
In 2019, while 61 percent of white households owned stock, only 33.5 percent of Black households owned stock. And while minority stock ownership narrowed between 2016 and 2019, according to the Associated Press, the COVID-19 pandemic and acute recession have “widened the gap again.” In addition to the disparities between Black and white stock owners, […]
The nation’s second largest bank is contributing $1 billion to the fight against racial inequality. Bank of America announced the donation Tuesday, as the country continues to grapple with the economic disruption caused by the coronavirus pandemic. According to the bank’s press release, the $1 billion will benefit communities of color over the next four years, with […]
An Indiana man found an enormous surprise waiting for him at the bank. Volunteer firefighter Charles Calvin went to the ATM to withdraw $200 from his checking account when he saw that he had a bit more money than normal. He told WGN 9 that he had an $8.2 million balance. Calvin was expecting a $1,700 check […]
Despite an overwhelmingly negative reaction online, OneUnited Bank’s controversial Harriet Tubman card is a hit with customers. TMZ reports that the card, which has been likened to Tubman doing the Black Panther “Wakanda forever” salute, garnered massive interest for the black-owned bank. The debit card has seen OneUnited receive 10 times its usual volume of account […]
When it comes to finding love, you gotta crack some eggs to make an omelet. Basically, before you find “the right one,” you’re more than likely going to encounter a few wrongs in the form of some truly bad dates. It’s just something you come to expect, but never would anyone expect what happened to one Massachusetts woman […]
A man was arrested at a local Starbucks after holding up a bank in Colorado Springs on Monday afternoon, with reports noting with obvious glee that the individual in question had tossed money around and shouted “Merry Christmas!” during the robbery. 65-year-old David Wayne Oliver is also said to have “threatened the use of a weapon” at […]
Robert and Tiffany Williams, of Montoursville, Pennsylvania, were arrested on charges of theft and receiving stolen property, after the couple attempted to thwart their bank after spending nearly every last dime of the $120,000 that was accidentally deposited into their account, the Williamsport Sun-Gazette reports. On May 31, a BB&T teller mistakenly deposited the money meant for Dimension Covington […]
Chase Bank has confirmed it will forgive all outstanding credit card debt for its Canadian customers. As if we needed another reason to be jealous of the Great White North. The U.S.-based bank made the decision more than a year after it retired the Amazon and Marriott Visa cards in Canada. It was initially reported […]
On Monday, Capital One admitted that personal info, which includes the names, phone numbers, addresses, and credit scores for roughly 100 million people in the U.S., plus another 6 million in Canada, were acquired by a hacker who has since been arrested by the FBI. CNN went on to describe the data breach as “one […]
