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Customers dodging new banking fees

Banks might have increased their fees, but consumers aren’t paying them. A majority of consumers have managed to avoid paying fees, according to the American Bankers Association. An ABA survey found that 71 percent of bank customers don’t pay any fees,  and 82 percent of customers pay $3 or less per month in fees for… Continue Reading Customers dodging new banking fees

JPMorgan Chase & Co. reported a 67 percent jump in first quarter earnings Wednesday on solid growth in investment banking fees and a drop in losses in its credit card portfolio. The New York bank earned $5.6 billion, or $1.28 per share, compared with $3.3 billion, or 74 cents a share in the same period… Continue Reading JPMorgan’s net jumps 67 pct on investment banking

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King Soopers, Chase warn of security breach

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King Soopers, the state’s largest grocery chain, and Chase Ban are warning customers of a breach of a third-party vendor’s database that stores customer email addresses. The breach occurred with a company called Epsilon, a vendor that manages email for the companies, both of which have major operations in Colorado. Epsilon said an unauthorized person… Continue Reading King Soopers, Chase warn of security breach

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JPMorgan Chase & Co. on Tuesday announced new programs geared toward military customers and veterans, and apologized for overcharging thousands of active-duty service members on mortgages, and improperly foreclosing on more than a dozen. The steps include a program making certain military personnel eligible for reduced-rate mortgages; enhancing a mortgage modification program for personnel who… Continue Reading JPMorgan aims to make amends with military clients

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A half-empty building at the corner of one of downtown’s busiest intersections will go on the auction block soon, and the weak real estate market means that potential investors could land a bargain. The building is listed for $7.25 million, although many believe it will sell for considerably less. Owned by Grubb & Ellis Co.,… Continue Reading 6 Tejon owner hopes building will soon be going, going, gone

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Chase bank is moving its downtown headquarters from the corner of Pikes Peak Avenue and Tejon Street four blocks north to its branch at Boulder and Tejon streets. The move will also mean a $4 million facelift for the Boulder branch. Chase market president John Kitchen said a need for more parking space and drive-thru… Continue Reading Chase leaving ‘banking’ intersection for greener parking pastures in north downtown

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