This morning Amarillo Police responded to a bank robbery at First Bank Southwest at 2401 S. Georgia. They are currently looking for the suspect and are asking the community for help in tracking this man down.
Current laws prohibit merchants from adding surcharges to credit card transactions, even though the merchants themselves are dinged with fees for accepting the cards.
But thanks to a lawsuit brought by retailers against card-issuers, all that could soon change.
Many of us do our banking via ATM or other electronic means, but how would you feel if actual in-person tellers didn’t exist? A few banks are testing out new systems with the possible goal of making that idea a reality.
While Bank of America and other major banks have now scrapped a widely-derided plan to charge customers a monthly fee for using their debit cards, a new survey shows at least 650,000 people closed their accounts with those banks in the past month and fled to more consumer-friendly credit unions.
In response to Bank of America’s recently announced $5 monthly fee for debit card usage, Florida-based Community Bank is doing the reverse — it’s paying customers to bank with them.