bank account

Tactics for avoiding the thumbprint-for-cash request

Posted 51 weeks 2 days ago by Julie Rains

Entrepreneurship, Consumer Affairs

Store front of check cashing service

Does providing a thumbprint or fingerprint to cash an honestly-received check make you feel like a criminal? The practice adopted by many U.S. banks to protect itself and its customers from fraud, though understandable from a loss prevention perspective, makes me uneasy.

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Saving money for kids made easy (NOT) by banks

Posted 1 year ago by Julie Rains

Filed Under: Personal Finance

boy with bank and cash

Last week, I closed a no-maintenance-fee account because I was charged a hefty you-haven’t-deposited-any-money-lately fee a/k/a dormant account fee. I offered to make a deposit in exchange for a fee waiver; no way was the response. I closed the account. Reading the business section a few days later, I learned that this bank finally reported higher earnings primarily due to…increases in fee income.

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