Banking News Releases
Find news releases related to the banking and finance industries. News releases date five years back. After five years, releases automatically drop off from this page.
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Commerce Commissioner reminds consumers to protect themselves from identity theft
March
07, 2013 - SAINT PAUL, MN – As part of National Consumer Protection Week, the Minnesota Department of Commerce warns consumers to protect themselves against identity theft. Minnesotans who suspect they might be victims of identity theft should act quickly to minimize the damage to their credit reports and lessen financial losses.
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Commerce Department returns $19 million to Minnesota consumers in 2012
August
07, 2012 - Sometimes money goes missing due to a change of address or a death in the family. That’s when the Minnesota Department of Commerce steps in to help Minnesotans find and claim what is rightfully theirs. This year alone the Commerce Department reunited 7,200 Minnesotans with $19 million in missing bank accounts, life insurance policies, safe deposit boxes, unclaimed paychecks, and other real property and financial assets – a 13 percent improvement over 2011.
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Commerce Department teams up to crack down on unlicensed loan modification companies
June
15, 2012 - SAINT PAUL, MN – In a coordinated effort with federal law enforcement agencies that executed search warrants at three locations associated with C.C. Brown Law Office in Utah Tuesday, Commissioner Mike Rothman issued a statement of charges against Charles Craig Brown, Chad Gettel, and C.C. Brown Law, LLC for allegedly engaging in unlicensed mortgage modification activities in Minnesota.
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Minnesota senior citizens helping students learn lifelong personal finance skills
April
23, 2012 - As Financial Literacy Month continues, Commerce Commissioner Mike Rothman will visit Jackson Elementary School in Shakopee on Tuesday, April 24 at 9:30am to emphasize the importance of volunteerism in schools, and sharing financial skills and knowledge with Minnesota youth.
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Commerce Department working to keep convicted felons out of your wallet
February
17, 2012 - The Minnesota Department of Commerce continued its efforts this week to keep convicted felons out of the pocketbooks of Minnesota consumers. Commissioner Mike Rothman took action against 49 debt collection agencies nationwide that are owned and operated by NCO Financial Systems, Inc.
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Commerce Department and IRS team up to prevent money laundering
September
13, 2011 - The Minnesota Department of Commerce and Internal Revenue Service (IRS) are hosting a free anti-money laundering seminar.
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Commerce Charges Loan Modification Firm with Scamming 200 Homeowners
August
04, 2011 - Action is the latest in a series targeting loan mod companies for deceptive and dishonest practices that hurt desperate consumers trying to save their homes.
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Effort Launched to Protect Elderly from Financial Abuse
June
16, 2011 - Minnesota joins national effort to protect vulnerable adults
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$170,000 in fines levied in two cases
May
12, 2011 - Debt Collector, Collection Agency Lose Licenses; Mortgage Originator Barred from Doing Business in Minnesota
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Commerce cracks down on Title Insurers, Mortgage Originators
May
03, 2011 - Check Kiting, Operating a Bait-and-Switch Scheme and Paying Illegal Rebates, Kickbacks Among List of Charges
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