Category: banking

Even though New York City is home to Wall Street, a major global banking hub, almost 13% of its households don’t have a primary bank. This is double the national average. In…

Offset mortgages are becoming more popular, now making up 10 percent of new mortgages. Their rise in popularity is due to their flexible repayment terms and convenience. Essentially, an offset mortgage allows…

Capital One Financial Corporation has made a strategic move by acquiring the U.S. credit card division of HSBC, based in London. This deal includes over $30 billion in credit card loans and…

If you’re thinking about opening a new checking or savings account, or even both, you’re probably looking into how to pick the best bank for you. Since banking impacts your daily life,…

Not long ago, I received a troubling notice from my bank indicating that my account had a negative balance, which of course led to the dreaded overdraft fee. Have you ever been…

If you have valuable items at home, you might feel more secure by placing them in a safety deposit box. This can protect them from theft or natural disasters like tornadoes and…

Deciding whether to open a joint bank account is a common financial question for couples, and ultimately, it’s a matter of personal preference. For my husband and me, a joint account has…

If you’re looking for an online bank that offers higher-than-average interest rates, considering the current economic climate, and provides free online and mobile banking, EverBank might be the perfect fit. Founded in…

Teaching kids about money is a crucial part of life. It covers a lot of ground, so knowing where to begin can be tough. A solid starting point is a basic checking…

Up until now, cannabis producers and sellers had to rely on cash transactions because they couldn’t use the federal banking system for their business activities. A credit union in Colorado is set…