In a soon-to-arrive consequence of the Dodd Frank Wall Street Reform and Consumer Protection Act, Regions Bank in mid-October will begin charging customers in Mississippi and elsewhere a $4 monthly fee for debit card use. The financial services sector has been predicting for the past year that Dodd Frank’s mandated cut in swipe card fees [...]
Tag Archives: Dodd-Frank Wall Street Reform and Consumer Protection Act
No regrets from now profitable Cadence Bank
August 28, 2011
Relief and optimism have replaced last summer’s struggle for survival for Starkville’s Cadence National Bank. The new lease on life for the multi-state regional bank came courtesy of a nearly $150 million capital infusion from Community Bancorp LLC, a Houston, Texas, banking investment group that swooped in last October to take over Cadence after the [...]
September 2, 2011
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