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Banking News

How Tariffs Cause Prices to Go Up and Why It Matters to You
19 Mar 2025

How Tariffs Cause Prices to Go Up and Why It Matters to You

by banksadmin | posted in: Banking News, Banking Questions | 0

Why Tariffs Matter to Consumers Tariffs might sound like dry economic policy, but they have a very real impact on your everyday expenses. Simply put, a tariff is a tax on goods imported from another county. Companies that import products … Continued

Consumer Finance in a Post-CFPB Era
24 Feb 2025

Consumer Finance in a Post-CFPB Era

by banksadmin | posted in: Banking News, Other Finance | 0

Since the dismantling of the Consumer Financial Protection Bureau (CFPB), questions loom about the future of consumer finance in America. Once the nation’s top watchdog for credit cards, mortgages, loans, and banking fairness, the CFPB’s absence is already reverberating through … Continued

JPMorgan Chase Investigates TikTok-Fueled Check Fraud After Viral ‘Glitch’ Scheme
6 Sep 2024

JPMorgan Chase Investigates TikTok-Fueled Check Fraud After Viral ‘Glitch’ Scheme

by banksadmin | posted in: Banking News | 0

JPMorgan Chase, the largest consumer bank in the United States, is currently investigating a wave of check fraud incidents that have emerged as part of a viral trend on TikTok. Users on the social-media platform began sharing videos describing a … Continued

Yotta and PrizePool: Understanding Synapse’s Bankruptcy
15 May 2024

Yotta and PrizePool: Understanding Synapse’s Bankruptcy

by banksadmin | posted in: Banking News, Banking Questions | 0

In recent news, the fintech world has been rocked by the bankruptcy of Synapse Financial Technologies. This development has significantly impacted users of banking apps like Yotta and PrizePool, which rely on Synapse’s services. For users of these apps, understanding … Continued

PrizePool, Yotta
Robinhood Launches Retirement Program for Independent Workers
28 Feb 2024

Robinhood Launches Retirement Program for Independent Workers

by banksadmin | posted in: Banking News, Stock Market | 0

Robinhood, a platform dedicated to democratizing finance for all, has announced the launch of Robinhood Retirement For Independent Workers. This initiative is designed to extend retirement savings opportunities to freelancers and gig economy workers, who often lack access to traditional … Continued

Gig Work, Retirement, Robinhood
2024 Citibank Holidays
20 Jan 2024

2024 Citibank Holidays

by banksadmin | posted in: Banking News, Banking Questions | 0

Monday, January 1st, 2024 – New Year’s Day New Year’s Day 2024 is a Monday and Citibank will be closed. Monday, January 15th, 2024 – Martin Luther King, Jr.’s Birthday MLK Day is always the Third Monday in January. Monday, … Continued

This New Shortcut Unlocks Student Loan Forgiveness
11 Jul 2023

This New Shortcut Unlocks Student Loan Forgiveness

by banksadmin | posted in: Banking News, Other Finance | 0

Navigating the convoluted path to federal student loan forgiveness just got much easier for overwhelmed borrowers working in public service fields. The Biden administration recently implemented changes to smooth out roadblocks in relief programs like Public Service Loan Forgiveness (PSLF). … Continued

Are Banks Closed on Juneteenth?
17 Jun 2022

Are Banks Closed on Juneteenth?

by banksadmin | posted in: Banking News, Banking Questions | 0

In 2022, Juneteenth is on a Sunday, June 19th, and banks will be closed. June 19th lands on a Sunday in 2022, so banks will observe the holiday the following Monday on June 20th. In the United States, Juneteenth is … Continued

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Friday, April 18, 2025

Today is not a bank holiday.

Upcoming Bank Holidays:

  • Memorial Day - Monday, May 26th
  • Juneteenth - Thursday, June 19th
  • Independence Day - Friday, July 4th

Tip of the Day

April 18, 2025

Plan for Retirement Early: Even if retirement is far off, start planning now. The earlier you plan and save, the more secure and comfortable your retirement can be.

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