CHASE

Chase Bank is being sued by a Florida woman who says the bank declared her as dead and ruined her credit as a result. After she and her husband attempted to have their mortgage loan modified, she said things took an ugly turn, leaving her no choice but to sue the bank.

Woman Says Bank Declared Her as Deceased

Newly opened documents reveal JPMorgan Chase broke its duty to clients by failing to warn the investments they were involved in were headed for trouble. The documents, which were unsealed as a part of a lawsuit filed by bank clients against Chase, show that top executives at the firm had advanced knowledge of problems with an investment vehicle called Sigma, but chose not to move millions in client assets out of it.

JPMorgan Chase Knew Sigma Was in Trouble

Major bank JPMorgan Chase admitted to NBC News that it improperly overcharged several thousand military families on their mortgages, including families of troops who are fighting in Afghanistan. In addition, the bank admitted it erroneously foreclosed on more than a dozen families.

Admission Stems from Lawsuit

NBC News recently conducted an investigation after learning about a lawsuit filed by Marine Capt. Jonathan Rowles. In the lawsuit, Rowles, a Marine for five years and backseat pilot of an F/A 18 Delta fighter jet, along with his wife, Julia, said they had been battling Chase for many years over the Servicemembers Civil Relief Act (SCRA).

Customers would rather open an account at a credit unions or small bank over a big, national bank, according to a report released on Tuesday from the American Customer Satisfaction Index. While customer satisfaction with credit unions and small banks has dipped some, customers still favor them over major financial institutions.

Credit Union Satisfaction Dips

Your bank cards are becoming obsolete. Evolving credit card technology is changing the way we use plastic, something that really hasn’t changed for over five decades. Imagine, if you will, a world where you can access two accounts with just one card, or use your rewards points at the register just by pressing a button. Even better, imagine paying for stuff with a wave of your phone. Yes, your phone.

You might not have heard of them yet, but it won’t be long before your bank starts sending you credit card offers built around this new technology. While most companies have credit card apps for mobile phones and user-friendly payment options online, the actual process of sliding and signing to pay hasn’t really progressed until now.

Smart phone applications are all the rage these days. There are so many available that it almost be a sin not to take advantage of at least a few. If you like the idea of making your banking transactions from your phone, you might consider downloading some of the latest, greatest smart phone bank iPhone or Android applications.

We’ve complied a list of the latest and greatest, along with some less popular reviews. How does you bank’s app stack up? Check them out and find out!

You’ve no doubt heard about the Amex Centurion Card and the Visa Black Card, but here are eight other exclusive credit cards that you may want to explore. These are equally rare credit cards that are in the pockets of some of the wealthiest citizens around the world.

Whoo-hoo is Booo-hoo! Collapsing under the weight of it’s enormous bad bets on the mortgage market, WaMu was seized Thursday by the FDIC.