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They both offer traditional banking services, but that’s where the similarities end.
Building a CD ladder keeps you from trying to time the market, says Dr. Don Taylor.
Don’t be careless when it comes time to get some cash.
Fees are up. It costs more to open an account. And interest rates are so low they aren’t even worth chasing.
Another cut is necessary, both to prevent deflation and stall for time until a recovery takes hold, says Bankrate’s financial analyst Greg McBride in Your Money Outlook.
Check out the latest interest rate trends and national averages on the five most common consumer banking products
Check kiting is one of the more popular forms of deposit fraud. Here’s how it works.
Slowly but surely the free-checking account count is rising.
Make sure that gizmo that looks like an ATM really is what it appears to be.
The slumping economy has taken its toll, with deposit yields falling and minimum balances rising. But there are more free checking accounts and some service charges have declined.
Maybe they’ve been distracted by corporate shenanigans, but investors have been slow to react to more-important economic news.