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Bank Overdraft News

Metro Bank launch: even the dogs are on-messageThursday, July 29, 2010 @ 6:15PMThe media scrum turns its attention to Hugo, an attractive long-haired collie brought in by Jackie, who is thinking about opening an account Eli Negbi must really, really hate Barclays. He's 57, and has banked with them for 27 years. But it's 8am and he has queued patiently to become the first ever customer of Metro bank at its branch in Holborn, central London. And the reason he's quitting ...

Abington Bancorp, Inc. Announces Results for the Second Quarter of 2010Thursday, July 29, 2010 @ 3:47PMJENKINTOWN, PA--(Marketwire - July 29, 2010) - Abington Bancorp, Inc. (the "Company") ( NASDAQ : ABBC ), the parent holding company for Abington Bank (the "Bank"), reported net income of $2.0 million for the quarter ended June 30, 2010, compared to a net loss of $378,000 for the quarter ended June 30, 2009. The Company's basic and diluted earnings per share were both $0.10 for the second quarter ...

Wall Street’s ‘Mom & Pop’ bankersThursday, July 29, 2010 @ 2:23PMDon´t cry for Jamie Dimon, America. As CEO of JPMorgan Chase, this ruling mogul of Wall Street must now cope with the recently enacted financial reform bill, which imposes a host of new regulations meant to rein in the rip-offs, frauds and other excesses of Wall Street bankers.

Middlefield Banc Corp. Reports Strong Second Quarter Earnings and Continued Asset GrowthThursday, July 29, 2010 @ 1:17PMMiddlefield Banc Corp. , parent of The Middlefield Banking Company and Emerald Bank, today announced the following results for the quarter ended June 30, 2010.

Hey, Frequent Overdrafters! The Banks Want You!Thursday, July 29, 2010 @ 11:02AMYou're not supposed to spend money you don't have. But this is what you're doing when you buy something with a debit card and don't have enough in your bank account to cover the tab—in other words, an overdraft. Since banks make money when their customers spend money they don't have, the banks basically encourage [...]

Customers intrigued by new bank MetroThursday, July 29, 2010 @ 9:53AMMetro Bank Britain's first new high street retail bank in more than 100 years opened its doors to customers on Thursday hoping to break into a sector whose reputation has been damaged by the credit crisis.

WSJ Looks at the Overdraft Bottom FeedersThursday, July 29, 2010 @ 9:20AMThe Wall Street Journal is terrific this morning to throw the spotlight on the seedy cottage industry that feeds off the overdraft-fee racket.

First Commonwealth Announces Second Quarter 2010 Improved Financial ResultsThursday, July 29, 2010 @ 7:30AMFirst Commonwealth Financial Corporation today reported net income of $13.5 million, or $0.15 diluted earnings per share, for the second quarter ended June 30, 2010 compared to a net loss of $18.6 million, or $0.22 per share, in the second quarter of 2009.

National Penn Bancshares, Inc. Reports Second Quarter 2010 ResultsThursday, July 29, 2010 @ 6:25AM-