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CHECKING & SAVINGS: NEWS & ADVICE

CHECKING & SAVINGS NEWS
FDIC reins in troubled banks
The FDIC is restricting some banks from paying high interest on deposits, such as CDs. Will it hurt savers?

National Checking & Savings Rates
Select a product to compare rates:
NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
Interest checking 0.45% 0.26%
MMA 0.39% 0.39%
$10K MMA 0.35% 0.35%
IRA MMA 0.04% 0.04%
$10K IRA MMA 0.06% 0.06%
Rates may include points

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CHECKING & SAVINGS NEWS THIS WEEK
Bankrate's study shows choosing the right checking account for your banking habits can save you a bundle. Recent news of bank failures has consumers wondering about the security of the FDIC's funding. Reserve Primary money market fund's net asset value dropped below a dollar. Will this hurt your financial picture? In the event of a major bank failure, how -- and how soon -- will the FDIC get you your money back?
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