Banking Blog

Check in regularly for the latest news on everything banking, including prepaid cards, regulations, checking account practices, mobile banking, ATMs, security, the Federal Reserve's policies and virtual currencies like bitcoin. Reporters and analysts also provide commentary and tips for managing your personal finances and how to make the most of your money and your banking relationships. See the latest Banking Blog posts below.
Wednesday, November 9, 2016 11:07 am
By Susan Ladika · Bankrate.com

These money market accounts offer safe havens for your money away from Wall Street’s post-election gyrations.

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Monday, October 24, 2016 3:46 pm
By Mike Cetera · Bankrate.com

A consortium of 19 banks and credit unions has formed a new payments network that will allow consumers and businesses to transfer money instantly using their existing banking apps.

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Wednesday, October 12, 2016 6:07 pm
By Holden Lewis · Bankrate.com

John Stumpf, CEO of Wells Fargo, is retiring effective now, 3 weeks after he apologized to the Senate Banking Committee for the bank’s unauthorized accounts scandal.

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Tuesday, October 11, 2016 3:29 pm
By Holden Lewis · Bankrate.com

A Federal appeals court slapped down the Consumer Financial Protection Bureau and ruled that the bureau is no longer independent, and that its director can be fired by the president for any reason.

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Tags: CFPB, gnews, news
Thursday, October 6, 2016 3:28 pm
By Jim Wang · Bankrate.com

In 1969, the Treasury Department and the Fed discontinued $500, $1000, $5000, $10000 and $100,000 bills (that bill above is real) because no one used them anymore though a new bill hadn’t been printed since 1945. The bills are all legitimate legal tender and still in circulation (except the $100,000, which was only used in

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Tags: currency
Wednesday, October 5, 2016 12:42 pm
By Mike Cetera · Bankrate.com

The federal government has finalized new rules designed to make fees more transparent and to better protect consumers in case of loss or theft.

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Monday, October 3, 2016 9:30 am
By Susan Ladika · Bankrate.com

The top savings account rates for October are remaining steady, with at least 8 banks paying 1.05% or better.

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Sunday, October 2, 2016 5:45 pm
By Claes Bell · Bankrate.com

The failure of a massive global bank like Deutsche would have major consequences for the global economy, and ultimately the United States. But a complete failure is unlikely.

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Sunday, October 2, 2016 4:36 pm
By Jill Cornfield · Bankrate.com

California’s decision to sanction Wells Fargo could be part of a serious trust issue for the bank.

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Thursday, July 28, 2016 6:06 pm
By Claes Bell · Bankrate.com

Trying to decide whether to vote Democratic this year? Here’s what the party has united around when it comes to banking.

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