Fifth Third Bank said it has entered an agreement with the U.S. Department of the Treasury's Bureau of the Fiscal Service to manage its Direct Express prepaid debit card program.

Executives for the Dallas-based regional are “taking a hard look at expenses” as they work to improve the bank’s efficiency, ...

The Treasury Department has designated Fifth Third as the financial agent for its Direct Express prepaid card program. The ...

Comerica first won the contract for the Treasury Department's Direct Express prepaid card program in 2008, then renewed it in 2014 and again in 2020. Comerica Bank has received notice from the ...

DALLAS, Nov. 21, 2024 /PRNewswire/ -- Comerica Bank has issued the following statement regarding today's announcement by the Treasury Bureau of the Fiscal Service of its new selected financial agent ...

Comerica Bank is being accused of deliberately hanging up on customer service calls, charging illegal ATM fees and more allegations involving seniors, the disabled and others who use the Direct ...

The Consumer Financial Protection Bureau on Friday charged Comerica Bank with abusing and neglecting vulnerable customers who receive federal benefits.

Direct Express provides important non-interest-bearing deposits for the bank, and the nonrenewal of this contract adds additional funding cost pressure on Comerica.

American Banker's article earlier this week on Comerica (NYSE:CMA) violating compliance rules for the Treasury Department’s Direct Express program was “based on dated information that is ...

Comerica is predominantly a commercial-focused middle-market bank, with over 90% of loans related to commercial lending and the majority of these related to its middle-market business. While the ...

Fifth Third Bank, National Association, (Nasdaq: FITB) today announced it has been designated by the U.S. Department of the Treasury's Bureau of the Fiscal Service (Fiscal Service) as the new ...

Comerica (CMA) Bank has issued the following statement regarding the announcement by the Treasury Bureau of the Fiscal Service of its new selected financial agent for Direct Express program: "We ...