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Why Aspiration Says Big Banks’ “Bad Decisions” Were Its Gain

PYMNTS

Maryland Representative Elijah Cummings and California’s Representative Jimmy Gomez, in an open letter to BoA CEO Brian Moynihan, said that many low-income American families rely on the account. Customers can also keep a daily balance of $1,500 to avoid fees. Those who do not meet those criteria will pay a $12 monthly fee.

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More Gain, Less Pain

Independent Banker

These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration. Understand your bank’s IT network and its operations,” says Hamilton. Ellen Ryan is a freelance writer in Maryland. The FFIEC is reviewing an Excel version created with banker input.

Tools 70
article thumbnail

More Gain, Less Pain

Independent Banker

These agencies had input: the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit Union Administration. Understand your bank’s IT network and its operations,” says Hamilton. Ellen Ryan is a freelance writer in Maryland. The FFIEC is reviewing an Excel version created with banker input.

Tools 70