Regulators on Friday closed Tennessee Commerce Bank, which had been one of two banks to offer the top nationally available 60-month CD on our CD Rates Leaderboard.

The Federal Reserve soon could sock us with more bad news: Record-low interest rates will be around even longer than first predicted.

The big commercial finance company wants our deposits, so let’s hope it’s willing to pay competitive interest rates for our money.

Through Sept. 4 it will not charge customers fees for using out-of-network ATMs in the 13 states hit by the hurricane.

Well, that didn’t last long. And for good reason.
Chase this week said it would scrap the $5 ATM fee it had charged nonbank customers at some of their ATMs in Illinois and Texas.
The $5 ATM fees were widely lambasted when the bank announced the test earlier this year. We said then that it was [...]

Get ready for the $5 ATM fee.

Chase Bank recently rolled out a program where a select number of its ATMs will knock you with a $5 charge if you’re not a customer.
And, no, that doesn’t take into account whatever your bank will charge you on top of that. So you could end up paying [...]

New iPad 2: $499. Smart Cover for your iPad: $39. Debit card purchase: Next to impossible.
That might be the scenario facing consumers this summer, as banks — incensed over transaction fee restrictions about to be imposed by the government — threaten to wallop consumers with new ATM fees, reduce program benefits and limit debit card [...]

TruMark Financial Credit Union is running a couple of television ads in Philadelphia that take an unusually tough shot at the big banks.
Married to Morgan chronicles the pampered life of a well-to-do woman.

After listing all of the wonderful things “you” have done for her, from a fancy wedding to the beach home in St. [...]

How out of touch can the banking industry possibly be?
Shockingly out of touch, according to a recently released survey by the Bank Administration Institute, an independent research firm based in Chicago.
When the initial Bank Consumer Sentiment survey was taken last August, it found that bankers think their customers have a much more favorable opinion of [...]