U.S. Bank is bumping up overdraft fees for all its accounts beginning June 29, the Minneapolis-based bank confirmed Wednesday. The bank's new $35 overdraft fee brings it in line with the country's biggest financial institutions, including Bank of America, Huffington Post reports. Bank officials note that the 15 million-customer bank is eliminating one other fee and lowering yet another.
Eden Prairie-based crypto company files for bankruptcy
The company operates crypto-mining centers.
1 dead, 2 with life-threatening injuries in Minnesota crash
The crash happened just after 7:30 p.m. Friday.
School bus carrying students plunges into river southwest of Fargo
None of the kids suffered life-threatening injuries, though some were taken to area hospitals.
Richfield High School cancels weekend events after shooting
Two men were shot outside the school's football stadium
Sound of shots, mass panic at Richfield football game streamed live on YouTube
Gunfire caused panic at a varsity football game Friday night.
Gunfire outside stadium halts Richfield/Kennedy football game
This is a developing story.
K-9 search leads to $36K fentanyl seizure during traffic stop
A traffic stop was made after the vehicle was seen speeding through the area.
Gov. Walz reacts to Tuesday death of Mankato West student
The governor is a former geography teacher at the high school.
Teen pleads guilty to Minneapolis carjacking, admits to others
The man was yanked out of the vehicle by witnesses before fleeing the scene.
Three plead guilty to roles in murder on Red Lake Reservation
The 2019 murder left another person seriously injured.
Sheriff: Heifer shot and butchered on farmer's pasture near Aitkin
Anyone with information regarding the incident is encouraged to call the Clearwater County Sheriff's Office.
Free checking returns to TCF Bank
Wayzata-based TCF Financial Corp. says it is eliminating monthly account maintenance fees for all customers, regardless of minimum balance, direct deposit or transaction level requirements. The Business Journal notes TCF Bank began charging fees in early 2010 after new federal regulations were expected to reduce revenue from overdraft fees.
Report: Twin Cities bank fees among lowest in the nation
Bankrate.com, which tracks thousands of financial institutions in the U.S., found the average ATM fee is $2.15 per transaction -- the second lowest in the nation.
U.S. Bank settles overdraft suits for $55M
Minneapolis-based U.S. Bancorp has aggreed to pay out $55 million to settle lawsuits accused of imposing imposed excessive overdraft fees on customers. If a federal judge approves the settlement, the Star Tribune reports more than a million U.S. Bank customers could see some money returned. U.S. Bancorp is among more than 30 lenders being sued over the fees.
Minnesota DNR wants lawmakers to raise license fees
Minnesota's fishing and hunting license fees haven't changed in 10 years. The Department of Natural Resources is pushing legislators to raise the fees during the next legislative session. If an increase is not passed, the Associated Press reports there will be deep cuts to popular programs.
Two U.S. Bank execs named some of the most powerful women in banking
The Minneapolis-based financial institutes vice chairman of payment services Pamela Joseph and executive vice president Leslie Godridge both ranked in this year's list compiled by American Banker magazine.
Twin Cities ATM fees lowest in US
Banks charge an average of about $2.20 in the Twin Cities to people who pull cash from an automated teller machine that is outside their own bank's network. That compares to the nationwide high in Denver of $2.80, MPR reports. Customers often get hit with yet another fee, charged by their own bank for using an out-of-network ATM. That average charge of $1.58 in the Twin Cities is about mid-way between the nationwide high and low for that fee.
New fees have TCF bleeding customers, money
TCF Bank reports a first quarter loss of more than $280 million. More and larger fees are actually producing less money by driving away customers. The bank is still sizing up how many customers it's lost and which fees sent them packing. CEO Bill Cooper promises new solutions to reverse the trend.
Panel supports raising Minnesota's fishing, hunting license fees
The Game and Fish Fund Budgetary Oversight Committee says they plan to push for the increase during the next legislative session. Without an increase, the Game and Fish Fund -- the collection of fishing and hunting license fees -- is forecast to run a deficit in 2015.
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