Sections SEARCH Skip to content Skip to site index Your Money Log In Subscribe Log In Today’s Paper Your Money | Wells Fargo Should Be More Generous With Federal Workers. Supported by Your Money The scandal-plagued bank could go a long way to help federal employees who aren’t being paid during the shutdown. Why hasn’t it done more? ByRon Lieber Jan. 4, 2019 Wells Fargo says it wants to make things right with the American public. After years of cheating its customers, the bank has a golden opportunity to make good on its promises. Since the federal government shutdown began two weeks ago, credit unions that serve large populations of furloughed and unpaid workers have offered their members short-term interest-free loans, a variety of fee waivers and increased lines of credit. But Wells Fargo is not stuffing its Twitter feed or news release list with any such offers. Instead, it’s offering up … [Read more...] about Wells Fargo Should Be More Generous With Federal Workers.
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Education The Trump administration for months concealed a report that showed Wells Fargo charged college students fees that were on average several times higher than some of its competitors. The “unpublished” report was obtained by POLITICO through a Freedom of Information Act request. It was produced by the Consumer Financial Protection Bureau office previously led by Seth Frotman, who quit as the bureau’s top student loan official in protest of Trump administration policies. Frotman said in his resignation letter that CFPB leaders had “suppressed the publication” of the report. Story Continued Below The previously unseen analysis examined the fees associated with debit cards and other financial products provided by 14 companies through agreements with more than 500 colleges across the country. Wells Fargo provided roughly one-quarter of those accounts but the bank collected more than half of all fees paid by students, according to the report data. … [Read more...] about Trump administration hid report revealing Wells Fargo charged high fees to students
New customers of Flagstar Bank were met with a host of issues Monday morning as the transition from Wells Fargo began, customers reported to KPC Media Group and our news partner, WANE-TV.Michigan-based Flagstar Bank acquired the area's Wells Fargo branches and opened them as Flagstar on Monday. With thousands of new customers, Flagstar prepared over the weekend for the switchover, and said they hoped to make the transition easy.Instead, customers reported issues in using debit cards and creating new accounts.One DeKalb County customer encountered an online message in which Flagstar apologized that it was unable to complete her request immediately.A long line of customers was spotted at Flagstar’s West 7th Street branch in Auburn. WANE said it went to several branches and found long lines of customers. WANE reported some customers said when they called local branches, no one picked up.On Twitter, Flagstar was responding to customers with the explanation: "We are … [Read more...] about Bank changeover creates customer issues
Member Center:Create Account|Log InManage Account|Log Out HOMEMobile AlertsKPLC TV LinksKPLC Gas Price TrackerHurricane CenterRight This Minute Video CoverageU.S. & World NewsNewsTop Video ClipsLegal CornerThe New Family TreeHometown Heroesnews7 On Your SideSlideshowsConsider ThisWEATHERLatest river stages, forecastsHurricane CenterFirst Alert Allergen IndexMarine Forecast and Tide TimesFishing & Hunting ForecastNational Weather ServiceKPLC Personal ForecastProgramming a Midland Weather RadioBen's FacebookWade's FacebookTrafficSPORTSTouchdown LiveLSUSEC FootballMcNeese State SportsSaints and NFLHigh School SportsSports Person Of The WeekOutdoorsCrimeSkyCamsHEALTHThe New Family TreeTV ListingsContestsAbout UsRequest a copy of a news storyCW Fraudulent Amazon charges showing up on Wells Fargo bank accounts 2018-06-20T09:59:34Z2018-06-20T17:29:57ZBy Kelly [email protected] @kellyavellino Several Wells Fargo customers have reported … [Read more...] about Fraudulent Amazon charges showing up on Wells Fargo bank accounts
Applebee’s sues after restaurant closesINDEPENDENCE, Mo. — Applebee’s is suing a franchise owner in the Kansas City area after the closure of a restaurant where two Black women said they were falsely accused of not paying for meals.The chain argues that the company has suffered “significant brand and reputational damage” from the “controversial and high-profile circumstances of the closure” of the restaurant at the Independence Center Mall and the closures of six other restaurants in Missouri and Kansas, The Kansas City Star reported. The Independence closure happened in February, after the two women posted a video showing an employee, a police officer and a mall security guard confronting them for “dining and dashing” during a previous visit, which the women denied. The video has been viewed millions of times.At the time of the Independence restaurant’s closure, Applebee’s said it didn’t “tolerate racism, … [Read more...] about Across America: Settlement reached in LA shooting of Black man