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Missouri bankers object to new proposal to track $600 cash transactions

Missouri bankers object to new proposal to track $600 cash transactions
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Missouri bankers object to new proposal to track $600 cash transactions

Missouri bankers object to new proposal to track $600 cash transactions
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These Kansas City Banks Are Making A Whole Lot Of Money Off Your Overdraft Fees

KCUR 89.3
Overdraft fees typically don t make banks most of their money. But, a report shows that three banks with locations in Missouri collected overdraft revenue that exceeded half their profit in 2020.
Overdraft fees typically make up a small fraction of most banks’ profits. One researcher believes he has uncovered a business model where banks take advantage of little regulation on overdraft fees by using them as a primary source of revenue.
Banks traditionally make most of their money from the interest they collect on loans and investments. But a recent report found that a bank headquartered in Kansas City and its sister institution make most of their profit from overdraft fees. ....

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"Clean energy" PACE loans putting borrowers at risk of losing their homes due to high fees and interest rates

During the height of the Great Recession in 2009, then-Vice President Joe Biden touted an alternative financing program known as Property Assessed Clean Energy (PACE). The problem with this [.] ....

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Guaranty Federal Bancshares Inc. (via Public) / Sandra Patterson Joins Guaranty Bank's Commercial Banking Team in Carthage

Guaranty Federal Bancshares Inc. (via Public) / Sandra Patterson Joins Guaranty Bank's Commercial Banking Team in Carthage
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