Regulators Frown on 'Ice Cream Bank'

Pittsburgh man is paying out interest in gift cards

By Newser Editors and Wire Services

Posted Sep 13, 2012 3:33 PM CDT

(Newser) – State regulators are cool on a Pittsburgh businessman's idea for a bank that pays interest in ice cream shop gift cards. The Pennsylvania Department of Banking says it wants Ethan Clay to shut down the community bank he's set up at Oh Yeah!...   Read full story »

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