Current Events and Banking Industry News

Save at the Ballpark with Credit Union Discounts

April 16, 2014

The baseball season has begun, meaning it’s time to break out those caps, grab a bag of sunflower seeds and head over to the ballpark to root, root, root for the home team. Here at [...]

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Public Banks: Wave of the Future?

April 15, 2014

For the last 94 years, the Bank of North Dakota has stood as the only state-owned bank in the country, but that might change if enough Vermonters advocate for a public bank in their state. [...]

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Mobile-Only Banks: How Do They Stack Up?

April 14, 2014

Many of us can’t remember the last time we wrote a check. Most of us pay for goods and services with our credit or debit cards, and we pay our bills online. As we shift [...]

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Why Your Phone Is Your Wallet’s Best Friend

April 10, 2014

A few years ago, it would have taken a pretty good-sized backpack to carry all of the devices now integrated into your run-of-the-mill smartphone. A laptop for Internet access, a cellphone the size and weight [...]

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Checking

Free Checking Accounts: Community Banks

March 26, 2014

They say the best things in life are free, and we couldn’t agree more. That’s why we’ve highlighted some of our favorite free checking accounts from community banks across the country. All of the following [...]

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Finding Your Checking Account ‘Sweet Spot’

March 13, 2014

When the time comes to open a new checking account, it’s best to consider several factors before rushing into a decision. “Not all accounts are created equal, whether that means looking around at your bank [...]

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Bank of America’s New Overdraft-Free Account: Uncommon, But Not Unprecedented

March 6, 2014

Bank of America will begin testing a new type of checking account in some states today, to complement the 2 different accounts it already offers. The “Safe Balance” account will require a flat monthly fee [...]

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Are You Taking Advantage of Rewards Checking at Community Banks?

February 12, 2014

  There are many great benefits that come from choosing to entrust your money to a community bank.  Community banks place a high importance on serving the needs of local families and small businesses. Most [...]

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Rates

Patelco Offers ‘Thank You Certificate’ to Reward Loyal Members

April 15, 2014

Banks and credit unions offer competitive incentives—from cash bonuses and above-market annual percentage yields to ski-lift tickets—to get you to open an account. But once you open an account, it seems like these financial institutions [...]

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Credit Unions Can Help Your Kids Save

January 15, 2014

According to a 2010 study conducted by the National Endowment for Financial Education, 89% of K-12 teachers agree that students should either take a financial education course or pass a financial competency test in order to [...]

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Savings Account & CD Interest Rates: Winter 2014

January 13, 2014

NerdWallet’s first semiannual savings and CD rate study highlighted the top 5 rates across a variety of deposit account categories. In each arena, an online bank or a credit union took the top slot. BBVA Compass was [...]

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Empty nesters: What you can do with a college savings plan if your kids are out of school

November 4, 2013

So your kids are done with college and you still have money left in your 529 college savings plan. You can siphon the remaining cash and spend it on anything you please, but it will [...]

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Banking FAQs

What’s the Deal With Wire Transfers?

April 14, 2014

Written by Cherise Fantus To send money in a hurry, especially internationally, a wire transfer is probably the best bet. Other methods of sending money electronically – like PayPal – can take several days to [...]

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How Multifactor Authentication Protects Your Financial Identity

March 21, 2014

For years, passwords and PINs have acted as the gateway between you and your money. But as cybercriminals grow more sophisticated, financial institutions have been forced to step up their game. Banks and credit unions [...]

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Is Credit Counseling Right for Me?

February 13, 2014

Consumer debt is a problem that shows few signs of going away. Americans are currently submerged in $11.36 trillion in debt, which is just a 0.1% decrease from 2012. Credit card debt alone stands at [...]

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Learning to Save: It’s a Habit!

November 10, 2013

NerdWallet has long been a proponent of children’s financial literacy and as such is constantly on the lookout for others who feel the same way. Something as simple as a savings account for a child [...]

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