Citibank has reached an agreement with New York Attorney General Eric Schneiderman to change its screening processes for checking and savings accounts to be more forgiving of customers’ histories, The Wall Street Journal reported yesterday (Jan. 28). Under the previous arrangement, Schneiderman’s office said, low-income...
February 23, 2015
Santander Bank will relax its standards for approving new checking and savings accounts under a deal announced on Friday (Feb. 20) with New York’s attorney general. The change, which will be in effect by the end of September for Santander nationwide, is designed to prevent overly strict screening from blocking the availability of banking services […]
