Saturday, March 3, 2012

Bank returning $10.1M in credit card settlement

WASHINGTON (AP) — A Nebraska bank is returning more than $10 million to customers and paying a $250,000 fine after federal regulator said it employed deceptive practices that resulted in excessive fees.

The Federal Deposit Insurance Corp. announced Tuesday that World's Foremost Bank, which holds about $2.9 billion in assets, agreed to the settlement, which included an order to halt several practices.

Among …

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