Looks like Bank of America will be paying big time to customers for shady business. As reported by ABC11, the Charlotte-based bank must pay over $100 million to customers for doubling up on fees, withholding reward bonuses, and opening accounts without consent. Not only that, but the bank will have to pay $90 million in organization […]
Bank Of America will be offered in Black and Hispanic neighborhoods in select cities across the United States in an effort to close the homeownership gap in communities of color. The post Bank Of America Offers Zero Down Payment/Zero Cost Mortgages To Black & Hispanic Communities appeared first on NewsOne.
The U.S. Department of Labor fined Bank of America $2.2 million in back wages and interest, after 1,147 African-American job seekers claimed to have dealt with discriminatory hiring practices…
The 2013 Pride Awards was held Saturday night at the Westin Hotel. Hundreds came out to support Dee Dixon and Pride Magazine as they celebrated…
Bank of America is nixing its plans to charge a $5 debit card fee. The news comes after other major banks, including JPMorgan Chase & Co. and Wells Fargo & Co., said last week that they were canceling tests of similar debit card fees. Anne Pace, a spokeswoman for Bank of America, declined to say […]
Whether you use your card for one purchase a month or 20, you will pay $5 per month starting in 2012. It doesn’t matter if you select “debit” or “credit” at the point of sale. If you don’t use your card at all, you won’t be assessed a fee, and you can still use ATMs […]
Two days after being confronted by ABC News, Bank of America has fired a debt collection agency after several of its operators were caught using racist and obscene phone calls to collect debts from bank customers. “What’s up, you f—ing n—r?” said one of the collection agents in a message to 32-year old Allen Jones […]
