What Is a Wire Transfer? How Does It Work?
Wire transfers help move money electronically from one person to another, domestically or internationally, using banks or transfer providers such as Western Union or Wise.
Essential Banking Terms You Need to Know
Understanding common banking terms can help you with your finances. Here are 15 essential bank terms to know.
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Shared Branching: How This Perk at Credit Unions Works
Shared branching allows credit union members to make transactions and get services at other credit unions' locations.
ACH Transfers: What They Are, How They Work and How Much They Cost
ACH, or Automated Clearing House, transfers are electronic money transfers between banks.
What Is a Credit Union? The Benefits of Membership
Credit unions offer the same services as banks. Benefits can include better interest rates and access to educational programs.
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Safe Deposit Boxes: What to Know
Learn the definition of a safe deposit box, where to find one and how to use it.
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How to Avoid Overdraft Fees
To avoid overdraft fees, you can decline coverage, set up balance alerts, get a prepaid debit card and more.
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How Online Bill Pay Streamlines Your Finances (and Saves You From Late Fees)
Online bill pay lets you make individual or recurring electronic payments from your bank or credit union.
What Is FDIC Insurance and What Are the Coverage Limits?
With FDIC insurance, your money held in a bank is protected by the federal government if your bank fails. But there are coverage limits.
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How to Avoid ATM Fees
You can avoid ATM fees by getting cash back at a retailer or choosing an account with fee rebates.
What Is an Overdraft Fee? The Basics
Overdraft fees can be expensive, but there are options for inexpensive or free overdraft protection.
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How to Wire Money: Step by Step
Choose a provider and transfer method, research the costs and collect the necessary information. Don't forget to save the receipt.
What Is a Debit Card and How Does It Work?
Debit cards directly pull money from your checking account to allow you to make purchases online and with retailers.
Short-Term vs. Long-Term CD: Which Do I Choose?
Shorter terms have more flexibility but traditionally lower rates, while longer terms tend to have the opposite. CD ladders use both.
How Much Cash to Keep in Your Checking vs. Savings Account
Aim for about one to two months’ worth of living expenses in checking, plus a 30% buffer, and another three to six months' worth in savings.
