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ALBANY — Just as many retail merchandise companies have beefed up their online presence while scaling back on bricks and mortar stores, many banks have closed branches, encouraging customers to
The state’s Department of Financial Services seeks to prevent banks and credit unions from imposing three kinds of “improper or unfair” fees, including overdraft charges when the consumer’s account shows sufficient funds at the time of transaction.
HIA-LI Hosts "Executive Insight" Forum on February 8 Featuring Clare Cusack, First Female President of New York Bankers Association.
Event features Clare Cusack, first female president of New York Bankers Association
Consumer advocates have long wanted to restrict banks' ability to collect overdraft fees. The Empire State's new law represents a small but consequential breakthrough as they push for nationwide reform.