Tag:
Online banking
Drexel Hill-Upper Darby, PA
News
Penny Pinched: US To Stop Producing One-Cent Coin, Reports Say
The federal government is pulling the penny from circulation, ending a historic run for the coin dating back to the country's early days, according to reports. The US Treasury made its final order of penny blanks and will stop distributing the one-cent coins by early 2026, the Wall Street Journal reported on Thursday, May 22. A Treasury spokesperson confirmed the end of the penny to the Associated Press. The move is expected to save $56 million a year in materials, according to a Treasury official who spoke anonymously to preview the decision. Once existing penny supplies run out, busi…
White Plains, NY
Business
Widespread Bank Of America Outages Being Reported
Many Bank of America customers are reporting issues accessing their accounts. First reports of the problems began just before 1 pm. on Wednesday, Oct. 2, with about 20,000 customers sharing outages on the website Downdetector.com. Some said they were stunned to see zero balances on their accounts. Others said they could not see their account balances. Issues with online and mobile systems, and ATM services are being reported. As of 3:45 p.m. Wednesday, Bank of America had not commented on the outages. This is a developing story. Check back to Daily Voice for updates.
Mamaroneck, NY
Police & Fire
Check Fraud On Rise In Mamaroneck: Often Stolen From Mail, Altered, Police Say
Authorities in Westchester are warning residents of an increase in "check washing," a scheme where checks are stolen from the mail and altered by criminals. The warning was issued on Wednesday, Feb. 28 by the Village of Mamaroneck Police Department, which is currently investigating a rise in check fraud. According to the department, the "check washing" schemes consist of criminals stealing mail in bulk looking for checks made payable to recipients. Once they find such a check, they will use chemicals to remove the payee and original dollar amount and rewrite a higher dollar amou…
Allentown, PA
Business
Lehigh Valley Wells Fargo Bank Slated For Permanent Closure
A Wells Fargo bank branch in the Lehigh Valley will soon close its doors for good, marking yet another casualty in the ongoing trend of brick-and-mortar bank closures. The Slatington branch at 541 Main St. is permanently closing, PA communications representative Elise Corbett told DailyVoice.com. “Branches continue to play an important role in the way we serve our customers, and we continuously evaluate our branch network in light of changing customer needs, the increase in the use of digital banking, market factors, and economic trends,” Corbett said. “We apologize for any inconvenience t…
Brookfield, CT
Police & Fire
Thieves Seek Personal Info In String Of Mail Thefts In Fairfield County, Police Say
A police department in one Fairfield County town is warning residents of a rash of mail thefts from residential mailboxes. The Greenwich Police Department, which has patrol officers looking for suspicious activity, said the thieves are looking for outgoing checks or protected personal information. The department is recommending that if possible, residents switch to online banking or bring their bills to the Post Office for mailing. "If you need to mail a check, regularly review your bank statements to make sure the check has been cashed in the correct amount and to the correct person…
Rivertowns, NY
Business
Online Bank Of America Outage Affects Thousands
Thousands of customers were locked out of their accounts when Bank of America’s online banking system temporarily went down. Early on Friday, Oct. 1, the company’s system experienced the issues, according to Bank of America, leading to more than 12,000 customers making complaints to Down Detector, which found that they were unable to access balances or transfer money as many were looking to pay rent on the first of the month. BOA posted a notice on their website that they were looking into the problem, but assured customers that accounts were secure. “We're aware some clients are experienc…
Springfield, MA
Business
Bank Branches Are Pulling Out Of Stop & Shop
Citizens Bank is pulling out of dozens of Stop & Shops beginning in January. Among the branches being closed are 26 in Massachusetts and 14 in Rhode Island. The decision to close the branches was made due to people’s habits changing toward more online banking and the economic effects of the COVID-19 pandemic, according to the Boston Business Journal. Even though many branches inside Stop & Shop’s will close, there will still be 90 in-store branches available. There are 416 Stop & Shops in *New England, and New York. Citizens Bank has more than 1,200 locations. The St…
Mahopac, NY
Police & Fire
Don't Fall For Them: Alert Issued For These Scams
Residents in the area are being warned about scams that seem to be on the increase. The scams provide ways for criminals will attempt to get money from people by contacting them and making up elaborate stories, the Dutchess County Sheriff’s Office said in the warning to residents of Dutchess and nearby counties in New York and Connecticut. In some cases the perpetrators have tried, sometimes successfully, to use the victim’s emotions about a loved one in trouble to get money. It’s common for the perpetrators of these scams to try to get money by telling people that one of their …
