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Citi Fulfills Follows Through As 'The Only Top Five U.S. Bank, Based On Assets' To Eliminate Overdraft Fees

Citi is following through on its promises to eliminate overdraft fees. The financial institution is now one of the only top five banks in the U.S. (based on assets) to completely get rid of various charges affecting consumers daily. Now, those with Citi Retail Banking consumer deposit accounts no longer have to worry about overdraft fees, returned item fees, or overdraft protection fees. The move is a part of the bank’s ongoing commitment to providing financial inclusion for individuals in underserved communities. As previously shared by AfroTech, the bank is also on a mission to advance economic progress across the nation. Protection from overdraft fees doesn’t just stop at consumers seeing an extra charge or two on their bank account. Citi provides options for combating the issues. As a part of the new overdraft protection services, they will offer two choices for consumers looking to cover negative balance transactions. One includes Safety Check, which transfers available funds...

Shanique Yates

Jun 24, 2022

Corporate Baddie DeAndre Brown Steps Down From Job 'I Am Now Going To Fight Ten Times Harder To Ensure There Is Change'

DeAndre Brown is stepping down from his position in corporate but he will still work to inspire change in the workplace.

Samantha Dorisca

Jun 10, 2022

TikToker Accuses Citibank Of Racially Profiling Her After Allegedly Attempting To Cash A $30K Check

A TikToker is claiming that she was racially profiled by Citibank. The TikToker — who goes by the username of Baby Storme — shared tearfully in a viral TikTok post that she attempted to deposit a check from her father at Citibank to go toward her rent in Los Angeles, CA. The user was serviced by an undisclosed bank teller who allegedly confiscated her check and stated the bank could not verify it. “So tell me why I literally never experienced what I just experienced. I’m not the kind of person to come on here crying,” Storme said on TikTok. “My dad sent me a check to pay off my rent for the next year and that’s it, and I go into Citibank to cash the check so I can pay my rent and they confiscate my check and refuse to give it back.” Baby Storme requested for her check to be returned and had plans to deposit the funds at another banking institution. The bank teller continued to deny her request. After further questioning, Baby Storme accused the bank teller of racial profiling. “Do...

Samantha Dorisca

Mar 24, 2022