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Banking

Readers Choice
Best Law Firm In Westchester County In 2024: McCullough Goldberger & Staudt, LLP Best Law Firm In Westchester County In 2024: McCullough Goldberger & Staudt, LLP
Best Law Firm In Westchester County In 2024: McCullough Goldberger & Staudt, LLP We are thrilled to announce that McCullough, Goldberger & Staudt, LLP (MGS) has been named Best Law Firm in Westchester County in the 2024 Daily Voice Readers' Choice Awards! According to its website, MGS was formed in 1984 through the merger of two well-respected Westchester law firms, building on a legacy of over 60 years.  The firm specializes in land use, municipal law, litigation, real estate transactions, banking, and trusts and estates, and its client-focused approach prioritizes accessibility and strategic counsel to achieve successful outcomes, per its website. Readers’ C…

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by Daily Voice
Readers Choice
Best Bank/Credit Union In Westchester County In 2024: Mid-Hudson Valley Federal Credit Union Best Bank/Credit Union In Westchester County In 2024: Mid-Hudson Valley Federal Credit Union
Best Bank/Credit Union In Westchester County In 2024: Mid-Hudson Valley Federal Credit Union We are thrilled to announce that Mid-Hudson Valley Federal Credit Union's branch in Peekskill has been named Best Bank/Credit Union in Westchester County in the 2024 Daily Voice Readers' Choice Awards! Built on the foundation of empowering members to achieve their financial goals and ensuring everyone has access to the tools and guidance they need to thrive, Mid-Hudson Valley Federal Credit Union has earned a reputation for personalized service and innovative solutions, according to its website. The 2024 Daily Voice Readers' Choice contest to name the Best of the Best in Westche…

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by Daily Voice
Business
CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog
Cfpb Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog The Consumer Financial Protection Bureau has dropped a lawsuit against Capital One as concerns grow about the federal agency's future. The CFPB will no longer pursue legal action against Capital One, according to a court filing on Thursday, Feb. 27. The case, filed in January, claimed the banking giant misled customers and withheld more than $2 billion in interest payments. The company based in McLean, Virginia, supported the dismissal. "We welcome the CFPB's decision to dismiss this action, which we strongly disputed," a Capital One spokesperson said in a statement to the Daily Voice…

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by Chris Spiker
Business
Capital One Kept $2B In Savings Account Interest From Banking Customers, CFPB Suit Says Capital One Kept $2B In Savings Account Interest From Banking Customers, CFPB Suit Says
Capital One Kept $2B In Savings Account Interest From Banking Customers, Cfpb Suit Says The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Capital One and its parent company, the agency said in a news release on Tuesday, Jan. 14. The CFPB accused Capital One of marketing its "360 Savings" accounts as offering some of the nation's highest interest rates but froze those rates while competitors' rates climbed. Simultaneously, the bank introduced a nearly identical product, "360 …

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by Chris Spiker
News
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media A major tech outage is causing issues worldwide, including grounding flights. Banks, stock markets, and media outlets are also being affected on Friday morning, July 19. An update by cybersecurity technology company CrowdStrike appears to be the cause of device outages for millions of Microsoft Windows device users. Several major US air carriers, including Delta, United, and Spirit are under a full ground stop, according to the FAA. "Several airlines have requested FAA assistance with ground stops until the issue is resolved," the agency said. Microsoft has said it is taking "mitigation …

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by Joe Lombardi
Business
New Bank Celebrates Opening In Westchester New Bank Celebrates Opening In Westchester
New Bank Celebrates Opening In Westchester A new branch of a popular bank has opened up for business in Westchester.  M&T Bank's newest Westchester branch, located in Elmsford at 300 Saw Mill River Rd. (Route 9A), celebrated its opening with a ribbon-cutting ceremony on Wednesday, May 10.  In addition to the ceremony, bank representatives celebrated the branch's opening with a $3,000 check cut out to Volunteer New York!, a nonprofit that helps people find ways to give their time to the greater good in the Hudson Valley.  M&T Bank representatives celebrated the branch's opening by writing a $3,000 check to Volunteer New …

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by Ben Crnic
Police & Fire
Police Issue Alert On Checks Being Stolen From Mailboxes In Hudson Valley Police Issue Alert On Checks Being Stolen From Mailboxes In Hudson Valley
Police Issue Alert On Checks Being Stolen From Mailboxes In Hudson Valley Police are alerting residents in the region about a string of mail and check thefts from mailboxes. The Town of Montgomery Police Department reported on Tuesday, May 10, that the issue has been reported in a number of jurisdictions in Orange and Dutchess counties. "Checks are being stolen and mobile deposited in various banks," the department said.  The department encouraged residents and businesses to avoid having checks delivered by mail or left in the mailbox. Police said anyone whose mail and/or checks are stolen should contact their local police department.

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by Nicole Valinote
Police & Fire
ATM At Bank In Westchester Compromised By Skimmer, Police Say ATM At Bank In Westchester Compromised By Skimmer, Police Say
ATM At Bank In Westchester Compromised By Skimmer, Police Say Patrons at a bank branch in Northern Westchester are being advised to check their account balances after a skimming device was located in an ATM. In Croton-on-Hudson, the local law enforcement officials launched an investigation after receiving multiple complaints over the past several days from bank-goers at the Wells Fargo location on Maple Street, Croton Police Chief John Nikitopoulos said. The investigation found that an ATM inside the branch was compromised by a skimming device as of Thursday, March 17. Anyone who may have used the ATM between March 17 and Wednesday, March 23 has been…

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by Zak Failla
Police & Fire
Police: $140K Stolen From Checks Taken From Mailboxes In Westchester Town Police: $140K Stolen From Checks Taken From Mailboxes In Westchester Town
Police: $140K Stolen From Checks Taken From Mailboxes In Westchester Town Law enforcement officials in Northern Westchester are cautioning about a recent rash of stolen checks that were taken from mailboxes in the area to the tune of nearly $150,000. The New Castle Police Department issued an alert after receiving eight reports of checks stolen from various mailboxes throughout the month of January, prompting concern from some in the area. According to police, the thefts took place from both standard and tamper-proof residential mailboxes, and the checks were then altered for large sums and cashed at different banks. To date, police said that more than $140,000 …

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by Zak Failla
News
Don't Fall For It: Alert Issued For 'Clever' Fake Check Scam Don't Fall For It: Alert Issued For 'Clever' Fake Check Scam
Don't Fall For It: Alert Issued For 'Clever' Fake Check Scam Residents in the area are being warned about a new phony check scam that has been making the rounds in the region. There are several variations to the scam, officials said, but the most common involves a resident receiving notice that they won a “sweepstakes” with a faux check or first installment. Other versions involve letters from allegedly foreign countries that require the deposit of cash into a bank account for safekeeping, while others offer “too good to be true” or “work at home” proposals. Authorities said that, “the checks look real, and might have the names of real companies on t…

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by Zak Failla
News
Mount Vernon Mayor Accuses Bank In Westchester Of Racial Profiling Mount Vernon Mayor Accuses Bank In Westchester Of Racial Profiling
Mount Vernon Mayor Accuses Bank In Westchester Of Racial Profiling Click here for an updated story: Chase Counters Claim Of Racial Profiling At White Plains Branch By Mount Vernon Mayor A mayor in Westchester is claiming he was the target of racial profiling for “banking while black” at a local Chase Bank in White Plains. Mount Vernon Mayor Richard Thomas said that police were called to a JP Morgan Chase office on Westchester Avenue on Thursday, April 25, while he was waiting to see a bank official. According to an email from one of Thomas’ spokespeople, bank officials summoned the police on him, his chief of staff, and a Mount Vernon Police det…

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by Zak Failla
Business
Chase To Close One Of Its Bank Branches In Westchester Chase To Close One Of Its Bank Branches In Westchester
Chase To Close One Of Its Bank Branches In Westchester Chase Bank has informed its customers that it has decided to close one of its banking and ATM branches in Westchester. The location affected is at 10 Marble Ave. in Thornwood, and the closure is scheduled for later this year. In a letter to customers, Kenneth Fitzpatrick, Chase's market director/banking, wrote, "Your relationship is important to us, so we invite you to visit our branch nearby" at Thornwood Rose Hill shopping center. The Marble Avenue branch, adjoining the Saw Mill River Parkway, is expected to be closed permanently at noon on Friday, Sept. 21, Chase Bank official…

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by Jon Craig
Police & Fire
Feds: Westchester Convict's Accomplice Busted In $3.5M 'Shotgunning' Scheme Feds: Westchester Convict's Accomplice Busted In $3.5M 'Shotgunning' Scheme
Feds: Westchester Convict's Accomplice Busted In $3.5M 'Shotgunning' Scheme An accomplice of a convicted Westchester man was charged in connection with a $3.5 million "shotgunning" scheme, said federal authorities who arrested him Sunday. Saoud “Sam” Rihan, 57, was a business partner of Yonkers resident Simon Curanaj, 63, who admitted last November that he and his associates used bogus information and simultaneous loan applications at multiple banks to fraudulently obtain home equity lines of credit -- a practice known as “shotgunning,” U.S. Attorney Craig Carpenito said. Rihan, of the Bronx, was scheduled to appear in federal court in Newark. Among othe…

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by Jerry DeMarco