3 Ways Minority-Owned Banks Make a Difference in America
One type of bank plays an outsized role in creating more economic opportunity for people of color. From a Black leadership perspective, a bank is more than “a place where…
Spencer Tierney
Spencer is a writer and expert on certificates of deposits at NerdWallet. His work has been featured by USA Today, MSN, SF Gate, the Los Angeles Times and more. He earned a bachelor’s degree in English at UC Berkeley. You can reach him at [email protected].
Posts by Spencer Tierney:
How to Close a Bank Account
Saying goodbye to a bank account isn’t as easy as unsubscribing from email newsletters, but with the right planning, you can make sure that account doesn’t linger as an unwelcome…
5 Best Military Banks and Credit Unions
Serving people who serve their country is what military banks and credit unions do best. Our favorite military-focused financial institutions offer a combination of account options, competitive rates and low…
Your Mental Health Can Affect How You Save Money
Tools like spreadsheets and budgeting apps can help you get better at saving money. But you might need to look beyond hard numbers to get a full financial picture. Your…
How to Invest in CDs: 3 Strategies
When choosing a certificate of deposit, you might ask yourself — or the internet — whether you’re getting the best rate. After all, once you have a CD, you lock…
CD Loan: How It Works
Typically the only way to use money from a certificate of deposit at a bank or credit union before its term ends is to withdraw early and pay a penalty.…
Savings Accounts and CDs Are Still Worth It Despite Low Rates
Today’s best rates for savings accounts and certificates of deposit are a far cry from last year’s rates of 2%. And rates across most banks will likely keep dropping. “It…
Chase vs Citibank: Which Is Best for You?
The two big national banks Chase and Citibank have solid branch and ATM networks that reach both coasts, but they differ in some ways. Consider what’s important in your banking…
5 Myths About High-Yield Savings Accounts During COVID-19
Last year’s savings rates of 2% and higher have come and gone, but that doesn’t mean high-yield savings accounts disappeared. “There are high-yield savings accounts out there, but it’s all…
6 Best Prepaid Debit Cards
What are prepaid debit cards? A prepaid debit card can serve as a budgeting tool or an all-out replacement for a bank account — and the best prepaid cards offer…
