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Over 350 California financial institutions agree to offer mortgage relief for LA County wildfire victims

More than 350 financial institutions in California are stepping up to provide mortgage relief to residents affected by the recent wildfires in Los Angeles...
Policy

New CFPB rule slashes overdraft fees to $5 for large banks, saving consumers billions

The Consumer Financial Protection Bureau (CFPB) has announced final regulations to curb excessive overdraft fees. The new rule applies to domestic banks and credit unions...
Business

Consumers can get up to $900 for opening new accounts at major banks

Big banks are running aggressive promotions to attract new customers, offering cash bonuses, where You can get up to $900 in cash if you...
uncategoried

Korean woman robbed of cash and check worth $13,000 in Koreatown bank parking lot

A Korean customer was robbed of over $10,000 in broad daylight at a bank parking lot in Koreatown, Los Angeles. The robbery occurred on the...
Business

Korea shifts to current account deficit in April

Korea returned to a current account deficit in April, dragged down by a jump in overseas travel and foreign dividends. However, the goods balance...

Korean Banks’ ROA Slightly Above Average

The return on assets (ROA) of Korean-American banks is above average, according to a recent data compiled by the California Bankers Association (CBA). All seven...

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