The Federal Deposit Insurance Corporation (FDIC) forms a critical part of the infrastructure of the US banking system. The FDIC issues an insurance policy which all regulated banks are required to purchase. This policy insures all of the bank’s depositors against default of the bank. If the bank fails, the individual depositors will be able to still get their money […]
A CD, or certificate of deposit, is a special type of investment vehicle that generally provides you with a better rate of return than placing your money in a savings account. These are generally established through a local or online bank, and each financial institution will have different CD options. For example, they can vary based on the minimum initial […]
Finding a bank that satisfies each and every need is easier said than done. Since financial institutions offer different and comparable rates, you may feel, as a client, that it doesn’t matter where you put your money. The best banks are those that offer innovative features and also a broad range of financial products: from the normal features, such as […]
A certificate of deposit, or CD, accomplishes two things: it increases savings and incurs interest. The CD is one of the most valuable investment vehicles for those who are interested in a safe investment option with limited exposure to risks. CDs are one of the best options to diversify one’s investment portfolio strategy, and Bank of America is one of […]
CDs, or certificates of deposit, are a great long term savings strategy, offering higher interest rates than a normal bank account in exchange for a commit to leave the money in the account for a set time period. Many people are attracted to the reasonable interest rates and flexibility of USAA CDs in particular. Are USAA CDs for Armed Services […]
The concept of a Christmas club or holiday club savings, once a common feature at banks, has almost disappeared in recent years. This is because the banks do not make significantly enough money off of the process to justify offering this service to their clientele. So who still offers a Christmas club savings plan? Citizens Bank still offers this service […]
Debit cards are convenient payment products that just about every consumer needs. Carrying a debit card allows you to avoid carrying loose cash and cluttering your wallet. Additionally, a debit card can give you the freedom you need to pay bills online. Wells Fargo Bank offers a wide range of debit cards, and each card type has its special benefits. […]
Fulton Bank, established in 1882, is headquartered in south-central Pennsylvania and is one of the area’s leading financial institutions, providing consumer and business services to customers as well as investment and trust services. Personal Banking Services Available Like most banks, Fulton Bank offers checking and savings accounts for personal use, as well as credit cards, CDs, IRAs and Money Market […]
Woodforest National Bank is based in Houston, Texas and is currently the largest corporate partner of Walmart, with branches located in most Walmart and Sam’s Club stores, as well as many Kroger supermarkets. They offer generous second-chance banking for customers with problematic credit, and online reviews for Woodforest are mixed but generally favorable. The services they offer include online banking, […]
Astoria Bank, previously known as Astoria Federal Savings & Loan Association, is a bank headquartered in Long Island City, New York. The bank’s holding company, Astoria Financial Corporation, has assets of $16.5 and a total equity of $1.5 billion. The bank primarily serves the metropolitan New York City area. Astoria Bank’s Services Astoria Bank provides both consumer and business banking […]