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By Ron Kovic
wiredforlego (CC BY-SA 2.0)
In an effort to gain even more control of Americans’ banking assets, the banking industry is trying to stamp out member-owned credit unions—which began amid the banking failures of the Great Depression—by stripping them of their nonprofit status.
Flickr / MoneyBlogNewz
Bank of America announced that it will charge its customers $5 a month for making purchases with debit cards, and Wells Fargo, Chase and SunTrust are poised to follow suit. (more)
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