Banking

Credit card companies rake in billions each year collecting late fees. Change is coming, but here’s what you need to know in the meantime. A...

by Samantha N. N. Cross, Iowa State University; Stephanie Dellande, Menlo College, and Sterling Bone, Utah State University The Research Brief is a short take...

by Blake Ellis (CNNMoney.com)—When it comes to checking accounts, not all banks are created equal.

The once-towering stature of the Black bank has diminished. After almost 125 years of serving the underserved, the Black banking community has been brought to a new low by a shrinking clientele, questions of relevance, competition from big banks and the fluctuating fortunes of its traditional client base—churches, small businesses and lower- and middle-income Blacks, who have borne the brunt of the economic recession.