2012 BBCN Bank Sweepstakes

In celebration of the birth of BBCN Bank, customers who take part in a survey by 04.30.2012, will be entered into the 2012 BBCN Bank Sweepstakes. One grand prize winner will win a Hyundai Sonata and 36 first prize winners will receive a $500 checking account. Click here for more information.

TruFit Good Citizen Scholarship Contest

Citizens Bank is currently accepting applications for TruFit Good Citizen Scholarships. Current high school or college students, 16 years and older, who are enrolled at or accepted to a federally accredited 4-year college, university, or graduate program for fall 2012, may submit a 250 word or less essay, or a 60 second or less video demonstrating their good citizenship through community volunteerism and leadership. One grand prize winner will receive a $5,000 scholarship, four second prize winners will receive $2,500 scholarships, and 35 third prize winners will receive $1,000 scholarships. Click here for more information.

U.S. Bank Introduces Ace Rewards Visa App for iPhone

U.S. Bank introduced the Ace Rewards Visa Application for iPhone, allowing customers to easily apply for an Ace Rewards Visa Credit Card. Upon instant approval, new qualified cardholders receive a secure virtual credit card via their iPhone. Cardholders can simply hand their iPhone with the virtual card displayed to an Ace associate at checkout when making a purchase. Ace Reward Visa cardholders earn up to 5% back for Ace purchases, 2% back on gas and grocery purchases, and 1% back everywhere else Visa is accepted. Click here for more information.

CFPB Outlines Mortgage Servicing Rules

The Consumer Financial Protection Bureau plans to outline rules to help protect mortgage borrowers from getting hit by costly surprises. The new rules, which are expected to be finalized in January 2013, would provide consumers with clear and timely information about changes to their mortgages. The rules under consideration include clear monthly mortgage statements, warnings before interest rate adjustments, options for avoiding costly force-placed insurance, and options for avoiding foreclosure. Click here for more information.

J.P. Morgan ACCESS Mobile Launched in China, India, and Vietnam

J.P. Morgan Cash Management clients in China, India, and Vietnam now have the capability to view balance and transaction information at any time via their smartphones and tablets with multi-level security with the JPMorgan ACCESS Mobile app. The JPMorgan ACCESS Mobile platform offers a wide range of features including the ability to view multicurrency cash balances, a Quick Decision feature to project cash positioning at hand, transaction detail viewing, and alerts for JP Morgan ACCESS and third-party bank accounts. Click here for more information.

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