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.
Minnesota city seeks to woo new residents with free land, other perks
The city is known as the goose capital of Minnesota.
Students evacuated, classes canceled at Holy Angels HS
Details are still coming in.
You can order 4 free at-home COVID tests starting January 19
Tests will ship for free within 7-12 days, according to the White House.
Jordan Greenway runs into Darcy Kuemper, sparks fight
Kuemper got knocked out of the game, leading to the brawl.
MacKinnon's controversial goal helps Avalanche top Wild
Kirill Kaprizov's two goals were spoiled by a questionable call.
Attorney accused of sex assault misses hearing, DMs judge
He was arrested the next day after a warrant was issued,
Charges: Man who killed father with hammer says 'the devil made me do it'
The 33-year-old has been charged with murder.
Winter Carnival: Get vaccinated or test negative before coming
Organizers are also reminding people to be mindful of the city's emergency regulations.
2-year-old California girl hurt in crash in southern MN
Another passenger was also injured.
Did either of these 2 MN homes get voted the 'Ugliest House in America'?
This story contains spoilers for the HGTV series.
Driver, 15 years old, hurt when car collides with SUV
The road was wet at the time, the State Patrol said.
Twin Cities family featured on Andrew Zimmern's 'Family Dinner'
The episode made its TV debut Sunday.
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.
U.S. Bank latest bank to raise overdraft fees
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.
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.
Senator asks why Wells Fargo is testing new fee while making record profits
Illinois Democrat Richard Durbin has sent a letter to the CEO of Wells Fargo asking why the bank is charging customers in some states $3 a month to use their debit cards.
You Can Get BMTN Special Offers!