Financial Article and Resource List

Selected category: Bank Research

BestCashCow.com, an online resource for comprehensive bank rate information, today released the results of its user survey on trends in banking and savings decisions. The survey, conducted between September 28 - October 16, 2012, polled 653 users nationwide on topics ranging from how they choose a bank to whether their savings decisions will be impacted by the upcoming presidential election.
Posted on October 17, 2012 by
One question I frequently get asked when discussing bank rates is whether higher rates are usually offered by distressed banks. The thinking goes that distressed banks need to hang on to deposit dollars in order to maintain their liquidity. As a result, they offer higher rates in order to attract new money and convince depositors to keep money in the bank.
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