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Selected category: Banks

Internet Banks - Not Always the Best Deals

Just because a bank is online-only doesn't mean it offers the best APY or that its accounts are without maintenance fees, as this example from CalFirst shows.

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Banks in the Heartland of the US Have the Highest CD Rates

Not all states are equal - at least when it comes to CD rates. Those are the findings from an analysis run by BestCashCow.com on its database of bank rates.

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A Small Victory for the Average Person - Overdrafts at Citi May Not do as Much Damage Image Image courtesy of stockimages at FreeDigitalPhotos.net

A Small Victory for the Average Person - Overdrafts at Citi May Not do as Much Damage

Traditionally, banks will process the largest outstanding debit to one's account first. This largest to smallest protocol results in more overdrafts, which result in more fees being aid to the bank. However Citibank is reversing the order to the benefit of all of its customers.

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Banks and Brokerages Still Rolling out Bonuses and Rewards for Opening Accounts Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Banks and Brokerages Still Rolling out Bonuses and Rewards for Opening Accounts

Banks have often rolled out the red carpet and offered incentives to try to attract new money. Even in this age of extremely low interest rates banks and brokerages are still offering rewards to get a hold of your cash.

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Senator Dick Durbin Argues that Credit and Debit Card Markets Are a Monopoly and Government Intervention is Required

Illinois Senator Dick Durban makes the argument that excessive fees for accepting credit cards and debit cards are impairing Small Businesses as well as consumers to the benefit of the country's largest banks.

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CheckSpring Bank -The Bank for the Underbanked Image shutterstock

CheckSpring Bank -The Bank for the Underbanked

many banks actively motivate change in their community. Checkspring Bank is one such bank as its business model is focused around assisting the unbanked or underbanked.

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First Federal Savings of Pascagoula Offering 3.25% APY 60-Month CD Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

First Federal Savings of Pascagoula Offering 3.25% APY 60-Month CD

First Federal Savings and Loan of Pascagoula, MS is offering a 3.25% APY 60-Month CD. That's the highest rate in the nation according to the BestCashCow CD rate tables.

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Bank of America Helps Military Members and Families Image www.usnews.com

Bank of America Helps Military Members and Families

Another bank joins JPMorgan Chase in efforts to ease the burden on military mortgage borrowers who are having troubles making their mortgage payments upon returning from active duty.

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The Perks of A Debit Card - How they are Changing

With pending legislation threatening to cap the transaction fees banks can collect from debit card purchases, large banks are pulling back on the rewards. However small banks may have an ace in the hole and benefit.

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How to Triple Your Interest at Sovereign Bank Image Image courtesy of thesomeday1234 at FreeDigitalPhotos.net

How to Triple Your Interest at Sovereign Bank

Banks are trying to differentiate themselves by quirky products. One challenge is how brick and mortar banks can compete with internet banks. Sovereign is trying its best. One of their newest products allows one to triple their interest.

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Chase Strives to Reconcile with Military Clients Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Chase Strives to Reconcile with Military Clients

In a previous article, we reported on how JPMorgan Chase had overcharged thousands of mortgage borrowers who were fighting for our country. There were even several of these military members and their families who were being unfairly evicted from their homes as a result of foreclosure.

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Four Reasons the Good Old Fashioned Savings Account is Obsolete Image Image courtesy of jk1991 at FreeDigitalPhotos.net

Four Reasons the Good Old Fashioned Savings Account is Obsolete

There was a point before internet banking that passbooks were all the rage. These archaic devices were great. They were a constant running record of all of your transactions in an up to the minute format. From a tellers perspective they were horrible tedious accounts for old people. However they very much served a purpose. All of these new money market and high yield savings accounts didn't exist. But, now they do. These new accounts from banks and credit unions and other (i.e. Sallie Mae Bank, Discover Bank) are far superior to most brick and mortar savings accounts.

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Safest Banks in United States - According to Texas Ratio Image Image courtesy of David Castillo Dominici at FreeDigitalPhotos.net

Safest Banks in United States - According to Texas Ratio

The safest banks in the United States based on FDIC data. The health of a bank is especially important if you have more than the FDIC insurance limit on deposit at the bank.

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Finding the Right Real Estate Agent Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Finding the Right Real Estate Agent

After you've been pre-approved for a loan, the right real estate agent can assist you in making sure the rest of the process runs smoothly.

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