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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
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
Quincy, MA
Breaking News
$1M Lottery Winner — Again: Mass Woman Wins Second $1M Jackpot In 10 Weeks $1M Lottery Winner — Again: Mass Woman Wins Second $1M Jackpot In 10 Weeks $1M Lottery Winner — Again: Mass Woman Wins Second $1M Jackpot In 10 Weeks
$1M Lottery Winner — Again: Mass Woman Wins Second $1M Jackpot In 10 Weeks Christine Wilson may be the luckiest person in Massachusetts.  Winning one $1 million jackpot wasn't enough for the Attleboro woman who picked up her second seven-figure win last month, just 10 weeks after her first big win.  Wilson won her first jackpot playing the $50 scratch-off game “Lifetime Millions" on February 23. She won a second $1 million prize on a $10 "100X Cash" ticket.  Related: Dorchester Woman Wins $1M In New "Jaws"-Themed Game Wilson chose to take the lump sum payment of $650,000 rather than the annuity. She plans to put her latest winnings into a saving…

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by Josh Lanier
Newburgh, NY
Your Community
Make Your Savings Grow With Certificates Of Deposit Make Your Savings Grow With Certificates Of Deposit Make Your Savings Grow With Certificates Of Deposit
Make Your Savings Grow With Certificates Of Deposit ORANGE COUNTY, N.Y. -- One of the keys to financial stability is having your money work for you. While traditional savings accounts are a great starting point, their low interest rates mean customers earn mere cents on their money each year. For those looking to get the most out of their savings, Wallkill Valley Federal Savings & Loan is currently offering Certificates of Deposit to help customers meet their financial goals. What is a Certificate of Deposit? A Certificate of Deposit, or CD, is a termed savings account that brings a higher yield than a traditional savings account. The i…

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Content Partner: Wallkill Valley Federal Savings & Loan