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].
A wave of digital-first challengers to traditional banks has attracted millions of customers with free accounts and hassle-free sign-ups. But a recent report highlights some risks of entrusting money to…
Big banks design their services for a broad customer base, but in doing so, they can fall short of serving the needs of historically marginalized communities. That gap is creating…
What is crypto banking? Let’s start with the “crypto” part. Cryptocurrency, or crypto for short, is a digital form of money backed by computer code instead of a central banking…
If you get wrongly charged a fee or fraud hits your account, you may feel frustrated and impatient with your bank. If you’re not being heard or treated fairly, it…
A savings bond is a long-term investment with the rare ability to be a gift for a loved one, even a child. Let’s break down how they work. What is…
New banking players are redefining what a checking account looks like. Financial technology, or fintech, companies in banking — often called neobanks — typically offer mobile-focused accounts with eye-catching features,…
Black-owned banks tend to serve African Americans more than other banks do. Their mission includes closing the wealth gap in America. » Skip ahead to the The typical white family…
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…
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…
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…
