During World War II, the United States had to conserve copper for the war effort. Copper was in high demand as it was used in ammunition and other military equipment. Because of this, 1943 pennies made from copper are extraordinarily rare … Continued
Few things are more frustrating than wanting to deposit a check, make a withdrawal or make a same-day online bill payment and then finding out that the bank is closed for a holiday. The Federal Reserve bank observes 11 holidays … Continued
A bank branch recently contacted the Montebello Police Department, near Los Angeles, to assist them with a banking customer who was being disruptive. Evidently, an elderly gentleman was being unruly and causing a scene. Montebello Police dispatched Officer Robert Josett to … Continued
Imagine rates so low that they’re actually in the negative. Instead of making money off your investment, you would have to pay the bank to house your cash. Although it may not even seem legal, negative interest rates are a real possibility. In … Continued
The US census data is out and the information on the fastest and slowest growing states has finally arrived. This gives state governments a chance to compare records and mark their progress. Continue reading below to find out which 5 … Continued
The ongoing battle between independent ATM operators and the major credit card companies continues as the Supreme Court has agreed to hear in their next term, an appeal made by MasterCard Inc., VISA Inc. and several other leading banks. The … Continued
During President Obama’s landmark trip to Cuba in March 2016, great fanfare was made of US businesses including AirBnB and Starwood Hotels. However, left unsaid was the progress of Stonegate Bank. The firm made a historic announcement back in November 2015, becoming … Continued
The financial crisis of 2007-2008 resulted in hundreds of bank failures. In the year after the crisis, bank closures cost the FDIC‘s Deposit Insurance Fund more than $38 billion. As the U.S. economy slowly recovered, fewer banks have been closed and sold by … Continued