Local Banks Line Up Against Wal-Mart Check-Cashing Bid
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| Wal-Mart’s application to provide check-cashing services in Massachusetts is a concern to institutions such as Fall River Five Cents Savings Bank, which shares territory with several Wal-Mart locations. |
By Andrea Gregory
With the first of seven hearings just a week away, local bankers are gearing up to fight Wal-Mart’s application to provide check-cashing services. Although it is unusual to hold so many hearings for a check-cashing application, the size and scope of the application called for the expansive process.
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