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Selected category: Banks
BestCashCow released its list of the Top 10 Least Safe States to Bank. See if your state made the list and what you should do if it has.
Read →BestCashCow released its list of the Top 10 Safest States to Bank. Check and see if your state is on the list.
Read →In a May 1, 2013 letter to depositors, Bank Direct has announced changes on June 1 to the American Airmiles Mileage Checking with Interest Program. The changes will render the program worth much less to most depositors.
Read →Top national CD rate at 1.85% APY. Top national savings rate at 1.05% APY. Averages continue to decline. Economic indicators point to further declines.
Read →Top nationally available CD rate stable at 1.85% APY. Top online savings rate at 1.05% APY. Average rates continue gentle decline.
Read →Top CD Rate of 1.85% APY. Top online savings rate of 1.05% APY. Average bank rates continue decline. Is the U.S. economy headed for a crash and how you can protect your cash.
Read →Today's news from the EU is that Brussels determined that the Bank of Cypress should be reorganized in a manner leaving its depositors with losses of up to 30% of their deposits over insured amounts, and that the Laiki Bank should be "resolved" in a manner leaving its depositors with losses of up to 70% of deposits over insured amounts. Cypriot law had insured depositors to a Euro 100,000 level so the burden is falling largely on those depositors more wealthy than the average Cypriot, including wealthy and near-wealthy Russians who by many accounts now provide more than half of the deposits to Cypriot banks.
Read →Top national CD Rate at 1.85% APY, online savings at 1.05% APY. What Cypress means to depositors. Rate forecast: stable.
Read →GE Capital is the newest entrant into online banking, having completed the acquisition of MetLife Bank's online bank and merged it into its retail bank on January 14, 2012.
Read →BestCashCow recently launched two first of their kind online tools to help borrowers find banks that can provide the loans they need.
Read →Online banks and small community banks have the best savings and CD rates, yet savers are putting more and more money into low rate big banks. BestCastCashCow analysis shows that that consumers across the country, and especially in states like AZ and CA can earn more just by switching their deposit dollars to a smaller, community based bank, or an online bank.
Read →Top Savings and CD Rates, the Difficulty Forecasting Rates, Saving Accounts vs. CDs
Read →Small business banking is on the decline. Given the importance of that sector, there will not be a full recovery of our economy until sufficient capital flow to small businesses is reestablished.
Read →BestCashCow has created a bank loan profile for every FDIC insured bank in the United States. The Bank Loan Profile provides a quick snapshot of the types of loans a bank has made in the past and kept on its balance sheet. It then compares this profile to other banks in the same state to get an idea of how a bank's lending compares to its peers.
Read →Savings and CD update and analysis, strong holiday shopping and interest rates, analyzing different CD terms for the best yield versus time commitment.
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