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Report: Wells Fargo, US Bank prey on low-income borrowers

The group Minnesotans for a Fair Economy claims bank fees on short-term loans are as bad or worse as those imposed by payday lenders.
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The group Minnesotans for a Fair Economy claims bank fees on short-term loans are as bad or worse as those imposed by payday lenders.

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Panel backs Minnesota cash-flow borrowing

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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.

CenturyLink offering $10 Internet to low-income Minnesotans

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U.S. Bank settles overdraft suits for $55M

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