Kevin Wack is American Banker's national editor, and is based in southern California. He was formerly the publication's consumer finance reporter and its Capitol Hill correspondent. Earlier, he worked on financial policy in Washington. He has also reported for the Associated Press and worked as the investigative reporter for the Portland Press Herald in Maine.
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Banks are making it easier to get approved for a checking account. But once-banished customers may not be able to use some of the features that made having an account attractive in the first place.
By Kevin WackSeptember 8 -
The large marketplace lender is turning to everyday savers as it seeks to bounce back from a damaging scandal.
By Kevin WackSeptember 8 -
Laura Oberst will take over as Wells Fargo's head of business banking at yearend.
By Kevin WackSeptember 2 -
New, stricter regulations on loans to active-duty service members take effect on Oct. 3. Heres a guide for getting ready.
By Kevin WackSeptember 2 -
New, stricter regulations on loans to active-duty service members take effect on Oct. 3. Heres a guide for getting ready.
By Kevin WackSeptember 2 -
Prepaid card issuer Green Dot Corp. has made an executive change, hiring board member Mary Dent to lead the company's banking unit.
By Kevin WackAugust 31 -
Green Dot Corp. has tapped one of its board members, Mary Dent, to take the helm of its banking unit.
By Kevin WackAugust 31 -
A longtime advocate for African-American-owned financial institutions argues that regulators should be taking more forceful action to keep them alive.
By Kevin WackAugust 30 -
Medallion Financial, trying to diversify beyond its traditional business of financing taxi drivers, plans to issue loans on behalf of web-based lenders. But that new strategy faces some potential pitfalls.
August 24 -
Fundation Group, a New York-based online small-business lender, announced Tuesday that it has secured a $100 million credit facility from Goldman Sachs.
By Kevin WackAugust 23