Banking

Don’t Be a ‘Bank Transfer Day’ Lemming

November 7, 2011

Saturday was ‘Bank Transfer Day.’ Spurred by the $5 debit card fee Bank of American planned to charge customers, a movement was born to get banking customers to switch from big banks to credit unions. Why they planned it on a Saturday when most credit unions are closed is anybody’s guess. Today in the Washington [...]

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EverBank Checking Account $60 Cash Bonus with Reimbursed ATM Fees!

October 21, 2011

Bank of America has taken it on the chin the past few weeks after announcing it would charge a $5 monthly fee to all customers using a debit card. The sad reality is that Bank of America is not the first or the last bank to charge customers a debit card fee. And it seems [...]

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How to Find a Great Credit Union

October 19, 2011

With bank fees on the rise, many are looking to take their business to smaller financial institutions. One popular option are credit unions. A credit union is a cooperative financial institution owned by its members. As a result, these smaller institutions often offer banking services at lower costs and with better rates. In the Daily [...]

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Citi Raises Fees On Checking Accounts

October 5, 2011

When in rains, it pours. Last week Bank of America announced a $5 fee to use its debit card. This week the Occupy Wall Street protesters are fanning out across the country, looking to unseat the bonus marchers in the history books. And now my own bank, Citi, has gone and raised fees on its [...]

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5 Ways to Avoid Bank of America’s $5 Debit Card Fee

October 3, 2011

As you’ve probably heard by now, Bank of America announced that it will be charging its customers $5 a month to use a debit card. The response was swift and unequivocal–Yuck! In some ways I don’t blame BofA for the move. When Senator Durbin introduced the “Durbin Amendment” into the Dodd-Frank financial reform bill that [...]

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ING Direct Launches MONEY Debit Card for Teens and Parents

September 5, 2011

One of the online banks that always seem to change (for the better) with the times is ING Direct. Year in and year out, customers rave about the functionality and customer service they receive from ING Direct and their Online Savings, Electric Orange Checking and Orange CD accounts continue to offer competitive interest rates. Update: [...]

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Is Dividend Investing a Smart Alternative to Savings Accounts

August 22, 2011

Dividend investing involves investing in stocks, mutual funds, or ETFs that pay dividends. Recently, I’ve started to move cash out of a savings account and into stocks that have really high dividend yields. The result is that I’m earning more than 5% just on dividends alone. Why have I made this change? Dismal interest rates. [...]

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EverBank Online Banking Review

August 17, 2011

Offering a wide variety of deposit themed options, EverBank continues to expand its market share for every kind of banking customer.  Founded in 1961 and formed in 1994, EverBank’s headquarters are located in Jacksonville, Florida. And as a testament to how well EverBank continues to progress, the field on which the Jacksonville Jaguars plays its [...]

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How to Maximize Your FDIC Insurance Coverage

August 15, 2011

When you walk into the bank, it’s hard not to notice the display notifying customers that the bank is FDIC insured.  Despite people’s familiarity with the notice, there are many misconceptions about what FDIC insurance actually entails.  Some people think that all of the money they deposit into the bank, regardless of account type, is [...]

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