9 Simple Ways to Build an Emergency Fund
If you do not have an emergency fund set aside, it’s time to start building it. Over 60% of Americans say they are unable to cover an unexpected setback of $1000 with their own savings. With the uncertainty that many … Continued
How Long Can a Bank Hold a Check By Law?
When depositing a check into your bank account, you may have noticed your available funds can differ from account’s actual balance. This happens because your bank or credit union has placed a hold on your check deposit. Financial institutions do … Continued
Bank Promotions for Checking and Savings Accounts Without a Direct Deposit Requirement (2022)
Latest Promos Updated at: Bank Promotions With No Direct Deposit (2024) – Banks.org Many banks offer great promos when you become a new customer and open a savings or checking account. However, most of these bank promotions require … Continued
10 Incredible Bank Tips You Need to Read Right Now
1. Save your prepaid debit card after it is used. Have you ever wanted to sign up for a free online trial but worry about getting scammed? You just know the company will try to cheat you and charge you … Continued
“Computer Glitch” That Went Unfixed for 5 Years Caused Hundreds of Bank Customers to Lose Their Homes
Wells Fargo blames faulty computer software for the foreclosure of hundreds of homes after the bank incorrectly denied them mortgage modifications. The computer error began in April 2010, was fixed in October 2015, and Wells Fargo only admitted it in … Continued
Cops Arrest Bank Robber, Then Discover He’s the Deputy Sheriff
A Davidson County Sheriff’s Deputy was arrested and charged for robbing F&M Bank on West Main Street in Rockwell, NC. Deputy Jeff Athey calmly walked into the bank without hiding his face from security cameras. He showed a teller his … Continued
Banking Is No Longer a Financial Service: New Treasury Department Rule Gives Huge Tax Break to Banks
According to the Treasury Department, banking is no longer a “financial service.” With this reclassification, a new Treasury Department proposal hands huge tax breaks to banks. In 2017, the Tax Cuts and Jobs Act stated that financial services companies were … Continued
What If Banks Were Publicly Owned? L.A. Prepares to Vote
This November, voters in Los Angeles will decide whether or not to take money out of big banks and into a publicly owned bank. In June, the city council voted unanimously to add the measure to the November ballot. If … Continued