Popular Articles

Latest Articles

HSBC Checking Review – Basic, Choice and Premier

HSBC Checking Review – Basic, Choice and Premier

About HSBC HSBC is the largest bank in Europe and the seventh-largest in the world. The bank handles both business and personal clients, as well as corporate accounts. In the US, they operate as HSBC Bank USA, NA, headquartered in both New York City and McLean, Virginia, and employ 43,000 workers nationwide. They offer the…

Synchrony Bank Review

Synchrony Bank Review

Synchrony Bank is a newcomer to the online banking market, and it offers an interesting blend of old-fashioned and high-tech banking. Like many online banks, it runs on a lightweight business model so it can offer lower fees and higher rates of return. Unlike online-only banks like Ally, Synchrony has a physical location in Bridgewater,…

Online vs. Traditional Banking: Which is Better?

Online vs. Traditional Banking: Which is Better?

According to credit behemoth Discover, 82% of U.S. customers used online banking in the last 30 days. But they aren’t just using a standalone computer for their banking needs; they’re turning to smartphones, tablets, and other mobile devices to get the job done. In fact, according to recent data, the number of people banking on…

FDIC Deposit Insurance: What it Covers, Doesn’t Cover and its Biggest Myths

FDIC Deposit Insurance: What it Covers, Doesn’t Cover and its Biggest Myths

Although rare, banks can go bankrupt. However, your money can be protected if the bank you deposited money with is federally insured by the Federal Deposit Insurance Corporation or FDIC. Since it’s so important that your deposits are FDIC-insured (the equivalent for credit unions is NCUA, or the National Credit Union Administration, which also operates…