Checking Account

Things that will help you determine if checking account is really meant for you

Things that will help you determine if checking account is really meant for you

Most Americans today are having a hard time figuring out if they will place their income in a bank because they feel that they are not getting enough benefits from keeping their money there. This is where rewards checking accounts came in. In this type of checking account, some of the usual features that a checking account offer were retained, it’s just that they offer more features like paying higher …

July 31st, 2012


Free checking isn’t that easy to get anymore

Free checking isn’t that easy to get anymore

A lot of banks are making it tougher for customers to qualify for a checking account without having to pay maintenance fees every month. However, customers can still manage to get one by tweaking either their behaviour or changing their bank altogether. Last year witnessed Wells Fargo’s change in requirement for free checking. Chase will do it next month and Bank of America has already begun testing an overhaul of …

February 8th, 2011


Financial reforms could now affect free checking accounts

Financial reforms could now affect free checking accounts

After new regulations were announced in the form of the CARD Act of 2009, credit card companies and major banks have been fighting back in various ways. Card issuers have cut down the credit card limits and raised the APRs. With more reforms underway, banks are cutting down on standard features such as a free checking account. Banks are doing their best to make up for the revenue loss that …

February 6th, 2011


Free checking is no longer easy to get

Free checking is no longer easy to get

Free checking accounts minus the monthly maintenance fees are no longer easy to get as banks are making it increasingly difficult for people to qualify for checking accounts.  However, one can still avail a free checking account facility if they are willing to change their outlook a bit or by changing their banks. Last year, Wells Fargo had raised the requirements on its free checking accounts.  Bank of America is …

January 28th, 2011


Consumers must be vigilant about checking account fees

Consumers must be vigilant about checking account fees

The banks first took away the free checking and now they are charging more on withdrawals from ATM’s as well as ‘stop payments’ on checks and such services.  The banks are most notably gearing up for a cap on fees that can be collected from merchants whenever the consumers use their debit cards for purchases.  This proposed restriction, some believe, could slash the income by at least 70% which is …

January 27th, 2011


1 YEAR
CERTIFICATE OF DEPOSIT

Account Type:

Select Amount:

Select term:

ONLINE SAVINGS ACCOUNT

  • No minimum balance
  • Competitive rates, No risk

MONEY MARKET ACCOUNT

  • High rates, Access to money
  • FDIC Insured