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House votes to overturn Biden-era rule limiting bank overdraft fees to $5
The House voted to overturn a rule that would have limited bank overdraft fees to $5, following the Senate.
Trump Organization sues Capital One for closing bank accounts after Jan. 6 attack
A company owned by President Donald Trump claims Capital One unjustifiably terminated over 300 of the Trump Organization's accounts.
CFPB drops lawsuit against Bank of America, JPMorgan Chase, Wells Fargo over Zelle fraud
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs Zelle and three U.S. banks.
Former Maryland Bankers Association CEO sues group, alleging firing without cause
The former president and CEO of the Maryland Bankers Association has sued the organization, alleging the group fired him without cause and denied him severance pay following a merger with a Virginia banking group.
Overdraft fees could drop to as low as $3 under new Biden proposal
The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest effort by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck.
Q&A: John Lewis steps into new role as Harbor Bank CEO
After serving as Harbor Bank of Maryland’s president and chief operating officer for nearly three years, John Lewis was promoted to chief executive officer in April.
First Republic Bank seized, sold in fire sale to JPMorgan Chase
Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S.
Why First Republic failed. Are other banks to follow?
First Republic Bank has become the second large regional bank with assets over $200 billion to fail in just a few weeks. Like Silicon Valley Bank, which was seized by […]
Biden insists banking system is safe after 2 bank collapses
President Joe Biden sought to project calm following the swift and stunning collapse of two banks that prompted fears of a broader upheaval.
Mortgage providers educating consumers as they confront changing real estate market
The 2023 real estate market is very different from two years ago, with Maryland’s bankers prioritizing helping buyers navigate their loan options.
Tips for businesses, consumers to be on the lookout for fraud
If you have no knowledge of big transactions but they are on your statements, you are most likely a victim of fraud.
Out of the shadows: CFG Bank digs in deep in Baltimore
Only a few months ago, CFG Bank probably was best known for being one of Maryland’s larger banks, the fifth largest in the state. Not anymore.
