banking

If you’re on the lookout for an online bank with higher-than-average interest rates, considering today’s economy, and free online and mobile banking, EverBank might be just what you need. Established in 1961 and backed by the FDIC, EverBank started in Florida but now offers services across the U.S. through online banking. EverBank caters to many …

If you’re thinking about opening a new checking or savings account, or maybe both, you’re probably trying to figure out which bank is right for you. Banking plays a big role in everyday life, so it’s important to find one that matches what you need. Here are some things to think about that could help …

Mortgage lenders often make their interest rates highly visible, but they rarely explain how these rates work. For instance, let’s say you take out a 30-year mortgage for $200,000 with a 7.5% interest rate. This would result in a monthly payment of about $1,400. But where does that 7.5% rate come from? Simply put, it’s …

Until recently, cannabis businesses had to rely on cash transactions because they couldn’t use the federal banking system for their transactions. However, a credit union in Colorado is planning to change this by allowing payments through regular banking methods. This change would also apply to places selling products like Dab Rigs and Oil Rigs. This …

The interest rates on savings accounts vary across banks due to different fixed deposit (FD) terms and changing market conditions. These rates are influenced by the Reserve Bank of India (RBI) and market liquidity, so they aren’t consistent across all banks. It’s a good idea to keep an eye on the latest offers to get …

Small businesses often need extra cash to help them grow, and that’s where alternative lenders come in. They provide the necessary funds that start-ups and even established companies need for things like buying equipment or expanding operations. These lenders fill in the gaps left by bigger banks, which usually aren’t interested in smaller loans. Alternative …

Interest rates are really low right now, and as a result, many people are scrambling to find the best rates on bank CDs. But chasing these rates might not always be the best use of your time and energy. Imagine you have $25,000 to invest in a CD. After a lot of effort, you might …

Discover has ended its “Secure Online Account Numbers” program, which let customers use temporary debit card numbers for safer online shopping. This service, designed to help those worried about using their real credit card info online, was stopped on September 8. Discover notified its customers through email about this change. Reports from places like The …

Having an emergency fund is crucial for achieving financial stability, but saving money can be tough, especially with the low interest rates offered by traditional banks. So, how can you save effectively? High yield savings accounts are the answer. There are plenty of options out there, so it’s important to choose the right one for …

Despite objections from Barclays and Nationwide, city regulators have largely ignored their pushback against the upcoming liquidity rules. Regulators insist these changes are crucial and should be implemented as soon as possible, even before the 2018 global deadline. Paul Tucker, the Deputy Governor of the Bank of England in charge of financial stability, dismissed the …