http://banktalk.org/2010/03/01/bancorp-bank-prepaid-cards-for-those-without-privilege/ Exploring the Finances of the Unbanked Thu, 09 Feb 2012 18:02:01 +0000 hourly 1 http://wordpress.org/?v=3.3 http://banktalk.org/2010/03/01/bancorp-bank-prepaid-cards-for-those-without-privilege/comment-page-1/#comment-706 Green Dot Buys a Charter | Bank Talk Wed, 17 Mar 2010 20:14:45 +0000 http://banktalk.org/?p=1765#comment-706 [...] Mainstream banks are going to let this action evade their coffers, of course.  M&T Bank and Bancorp Bank are putting their resources into the [...] [...] Mainstream banks are going to let this action evade their coffers, of course.  M&T Bank and Bancorp Bank are putting their resources into the [...]

]]> http://banktalk.org/2010/03/01/bancorp-bank-prepaid-cards-for-those-without-privilege/comment-page-1/#comment-677 sdog Tue, 02 Mar 2010 14:23:44 +0000 http://banktalk.org/?p=1765#comment-677 I'm going to test out my new comments software. I'm going to test out my new comments software.

]]> http://banktalk.org/2010/03/01/bancorp-bank-prepaid-cards-for-those-without-privilege/comment-page-1/#comment-676 admin Tue, 02 Mar 2010 13:35:51 +0000 http://banktalk.org/?p=1765#comment-676 Rob - I couldn't have said it any better. "Avoid" is exactly what they are doing with regard to the law. I could add that "ignore" is what the state regulators in South Dakota are doing in response to their actions. Rob – I couldn’t have said it any better. “Avoid” is exactly what they are doing with regard to the law. I could add that “ignore” is what the state regulators in South Dakota are doing in response to their actions.

]]> http://banktalk.org/2010/03/01/bancorp-bank-prepaid-cards-for-those-without-privilege/comment-page-1/#comment-675 Rob Tue, 02 Mar 2010 13:18:23 +0000 http://banktalk.org/?p=1765#comment-675 The reason they charge inactivity fees is to *avoid* escheat laws. Those fees are designed to drain the account down before the bank has to mess with all that. The reason they charge inactivity fees is to *avoid* escheat laws. Those fees are designed to drain the account down before the bank has to mess with all that.

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