Check Cashing News
Police: Calculating convenience store burglary nets $80,000-plus – Daytona Beach News-Journal
DAYTONA BEACH — An adroit burglar broke into a Nova Road convenience store and and check-cashing outlet, stealing $80,000 in cash and checks, about 60 cartons of cigarettes and an unknown amount of lottery scratch-off tickets, police said. The thief …
One World Ventures, Inc. Announces Working Relationship With eCommLink … – Consumer Electronics Net
LAS VEGAS, NV — (Marketwire) — 12/08/09 — One World Ventures, Inc. (PINKSHEETS: OWVI) — 1World Card, a provider of prepaid cards, is pleased to announce that it is working together with eCommLink, Inc., a leading value added prepaid processor to …
Quick Cash, Quick Sand, Part 1 – San Francisco Chronicle
The desperate walk away with up to $255 in cash. The lender makes $45 if the loan is repaid within two weeks and according to the Department … The city classified payday loans and check cashing as fringe financial services in 2007, but despite a …
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Poor struggle to access banks – Columbia Daily Tribune
WASHINGTON (AP) — More than a million American households lost access to basic banking services like savings accounts last year, bank regulators said. Those families are among 30 million households that have little or no access to such services …
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Fourth of households deal little with banks – Missoulian
But even though it’s convenient for them to operate outside the financial mainstream, they can’t build a credit history, get a small-business loan, build wealth. You need … said they preferred the convenience, speed and cost of check cashing …
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FDIC: Poor struggling to access banks – Lubbock Avalanche-Journal
households either lack bank accounts or use payday loans, check-cashing services and other costly alternatives to traditional … Reaching out to underbanked communities was a business priority for less than 18 percent of the 685 banks surveyed.
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Mississippi’s non-bankers pay for inconvenience – Vicksburg Post
It’s one of those statistics that makes a person wonder. Federal banking regulators say 16.4 percent of Mississippi households — 184,000 — don’t have a bank account or access to any banking services. That’s a lot. Indeed, it’s more than …
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State briefs: Dec. 6 – Knoxville News Sentinel
Police on Friday were searching for a man who robbed a West Knoxville check cashing business at gunpoint. No injuries were reported during the 10:30 a.m. robbery of the City County Check Center, 8078 Kingston Pike, Knoxville Police Department …
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FYI: FDIC may act to help unbanked – Knoxville News Sentinel
WASHINGTON – There are millions of Americans – 60 million, in fact – conducting their day-to-day personal business outside the banking system, leaving many to be preyed upon by payday loan companies, rent-to-own establishments and other nonbanking …
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FDIC looks to help those who shy away from the banking system – Boston Globe
There are millions of Americans conducting their day-to-day personal business outside the banking system, leaving many to be preyed upon by payday loan companies, rent … money orders, check-cashing services, payday loans, rent-to-own agreements, or …
An attempt to open banks’ doors to all – Philadelphia Daily News
Millions of Americans – 60 million, in fact – conduct their day-to-day financial business outside the banking system, leaving many to be preyed upon by payday-loan companies, rent-to-own establishments and other non-bank institutions. Banks have …
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Many do without banking – Charleston Gazette
They were defined as underbanked if they had an account but relied on non-bank money orders, check-cashing services, payday loans, rent-to-own agreements or pawn shops at least once or twice … I think they offer competitive, low-cost products.
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An attempt to open banks’ doors to all – Washington Post
Millions of Americans — 60 million, in fact — conduct their day-to-day financial business outside the banking system, leaving many to be preyed upon by payday-loan companies, rent-to-own establishments and other non-bank institutions. Banks have …
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FDIC: Poor, minorities struggle to access banks – Pottstown Mercury
households either lack bank accounts or use payday loans, check-cashing services and other costly alternatives to traditional banks. AP Business Writer WASHINGTON — More than a million American households lost access to basic banking services like …
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Temp: 25° – Toledo Blade
WASHINGTON – More than a million American households lost access to basic banking services such as savings accounts last year, bank regulators say. Those families are among 30 million households that have little or no access to those services …
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Rick Badie’s Gwinnett: Flat sales, and tires, sign of the times – Atlanta Journal Constitution
Enrique Valencia has managed the Norcross Tires Plus the past four years. Only recently, though, has he been expected to be a miracle worker. Customers want him to shrink a $400 car repair bill to say, oh, $100 or less. “Any repair over $400 …
West Knoxville check cashing business robbed – Knoxville News Sentinel
KNOXVILLE – Police today are searching for a man who robbed a West Knoxville check cashing business at gunpoint. No injuries were reported during the 10:30 a.m. robbery of the City County Check Center, 8078 Kingston Pike, according to Knoxville …
Texas City schools put on lockdown after robbery – KHOU
TEXAS CITY, Texas — An armed robbery reported at a check-cashing business forced the school district to lockdown Texas City High School and a nearby elementary school, an official said. The armed man, wearing a tan, hooded shirt entered the …
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Poor, minorities struggle to access banks – Inside Bay Area
households either lack bank accounts or use payday loans, check-cashing services and other costly alternatives to traditional banks, according to the survey. The report is part of an FDIC effort to bring the so-called “unbanked” into the financial …
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Schools locked down after armed robbery – Daily News – Galveston County
TEXAS CITY — An armed robbery reported at a check-cashing business forced the school district to lockdown the high school and a nearby elementary school, an official said. The armed man, wearing a tan, hooded shirt entered the business in the 1800 …
With bank fees rising, prepaid debit cards could replace checking … – Daily Finance
These days, new banking fees seem to be spreading like the flu virus, with higher charges for overdrafts, stopped payments, ATM withdrawals and bounced checks popping up on each new monthly statement. The rising costs are leading some consumers to …
Man beaten, robbed at Pico Rivera check-cashing business – Whittier Daily News
Deputies are looking for the two men who attacked and robbed a Downey man shortly after he cashed a $887 check Wednesday night. The robbery happened about 7:50 p.m. on the street near Su Casa de Cambio at 9335 Slauson Ave., according to sheriff’s Sgt …
Poor, minorities struggle to access banks, FDIC says – StJoenews.net
WASHINGTON — More than a million American households lost access to basic banking services like savings accounts last year, bank regulators say. Those families are among 30 million households that have little or no access to such services …
FDIC: Poor, minorities struggle to access banks – Daily Times
WASHINGTON — More than a million American households lost access to basic banking services like savings accounts last year, bank regulators say. Those families are among 30 million households that have little or no access to such services, according …
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Banks limit access for poor – Erie Times-News
Households are considered “unbanked” if they report that no member has a checking or savings account. “Underbanked” households have bank accounts but still rely on costly, lightly regulated services like payday loans, check-cashing services and pawn …
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Millions have no basic banking: FDIC survey finds minority, immigrant … – Knoxville News Sentinel
A customer enters a Payroll Advance store in Cincinnati in November 2008. A Federal Deposit Insurance Corp. survey found 25.6% of U.S.
10 percent of Tennessee families don’t have bank accounts – WBIR
One of every 10 Tennessee households doesn’t have a bank or credit union account, and those going without are more likely to be minority and low-income consumers, according to a report published Wednesday by the Federal Deposit Insurance Corp. The …
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27% of Tennessee residents lack access to banking – Memphis Business Journal
More than a quarter of Tennesseans have no, or limited access, to banking services, according to a survey by the Federal Deposit Insurance Corp. and the U.S. Census Bureau. Some 249,000 Volunteer State residents, or 9.9 percent of all state …
Two day-care providers charged, accused of bilking program of $1 … – Milwaukee Journal Sentinel
The criminal charges are the first since law enforcement officials and the state Department of Children and Families formed a task force in September to weed out fraud in the $350 million a year program. Jurlean Bailey, owner of Ark of Safety on W …
Robbers, police in shootout in LA neighborhood – Denver Post
LOS ANGELES—Los Angeles police are on a manhunt in the Westlake area for robbers who got into a shootout with officers. Officer Norma Eisenman says the robbers tried to hold up a check-cashing business Thursday and exchanged gunfire with police at …
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FDIC: 25% Of U.S. Households Have Limited Access To Banks, Minorities … – Huffingtonpost.com
WASHINGTON — More than a million American households lost access to basic banking services like savings accounts last year, bank regulators say. Those families are among 30 million households that have little or no access to such services …
FDIC : 12% of Georgians lack bank accounts – Atlanta Journal Constitution
By Staff and wire reports The Atlanta Journal-Constitution About one in eight Georgia households — 457,000 in all — lack bank accounts and instead rely on payday loans, check-cashing services and other costly alternatives to traditional banks …
1.3 million households in U.S. stopped using banks in 2008 – Daily Oklahoman
households either lack bank accounts or use payday loans, check-cashing services and other costly alternatives to traditional banks, according to the survey. The report is part of an FDIC effort to bring the so-called “unbanked” into the financial …
Many lack bank services – Allentown Morning Call
households either lack bank accounts or use payday loans, check-cashing services and other alternatives to banks, according to the survey. The report is part of an FDIC effort to bring the “unbanked” into the financial mainstream. FDIC Chairman …
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Firstwatch: Tiger, more flu clinics and lots of manure – Milwaukee Journal Sentinel
Secret Service Director Mark Sullivan has been asked to testify at a House of Representatives committee hearing on a certain couple who attended the Obama administration’s first state dinner Nov. 24. We shared some of the e-mails between the couple …
Poor, minorities struggle to access banks – Traverse City Record-Eagle
WASHINGTON (AP) — More than a million American households lost access to basic banking services like savings accounts last year, bank regulators say. Those families are among 30 million households that have little or no access to such services …
12% of state households lack bank accounts – Everything Alabama Blog
An estimated 222,000 Alabama households do not have bank accounts, a rate that is higher than all but a handful of states, a report says. The Federal Deposit Insurance Corp. said 11.6 percent of Alabama households are “unbanked,” ranking the state …
Underprivileged lack bank access – Buffalo News
WASHINGTON — More than a million American households lost access to basic banking services such as savings accounts last year, bank regulators say. Those families are among 30 million households that have little or no access to such services …
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Nearly 25% of S.C. households rely on ‘shadow banking’ services – Rock Hill Herald
COLUMBIA — Nearly one in four S.C. households either lack bank accounts or rely on payday lenders, check-cashing services or pawn shops for financial transactions, according to a study released Wednesday by federal regulators. The first study by the …
Study: Banking not priority for low wage earners – Las Vegas Review Journal
… money orders, check-cashing services, payday loans, pawn shops or rent … money and no low-cost way to borrow small sums of money, they said.
