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Bank of America To Change Overdraft Policies

March 11, 2010 at 12:49 pm by G. Chris Olson | Profile

Facing increasing pressure from consumer advocates and regulatory authorities, Bank of America has just announced that it will scrap overdraft fees on debit card purchases this summer.


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Bank of America Agrees to Stop Forcing Customers into Arbitration

October 2, 2009 at 4:23 pm by G. Chris Olson | Profile

Bank of America Corp., one of the nation’s largest banks and credit card issuers, recently ended a requirement that disputes with the bank’s customers be settled through binding mandatory arbitration (“forced arbitration”).
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