Posts Tagged ‘banking’
Oakland’s Municipal ID, debit card program to launch February 1
Oakland officials have announced a launch date for the city’s new Municipal ID program, which would allow Oakland residents to apply for a city-issued identification card that can also be used as a debit card. Oakland studied other cities that have implemented similar programs, including New Haven, Connecticut, and San Francisco, said Mayor Jean Quan,…
Read MoreAs more consumers choose alternatives to banks, Bay Area social enterprises rise to meet their needs
Jose Rivera, 62, needed to cash two checks totaling $176—the fruits of a few days’ work as a gardener in Oakland. Though Rivera has a bank account with a small community bank chain based in San Francisco, he doesn’t deposit these or any other checks into it. Since the company closed its only Oakland location two years ago, Rivera has relied almost exclusively on fringe bankers, such as check cashing stores, to handle his financial affairs.
Read MoreDemo to bankers: “Jail ’em, don’t bail ’em!”
by ISABEL ESTERMAN OCT. 19–A crowd of about 100 demonstrators greeted members of the Mortgage Bankers Association Sunday afternoon as they arrived at the Moscone Center in Downtown San Francisco for their 95th annual conference.
Read More