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Selected category: Banks

USAA Ends Debit Card Rewards on September 1, 2011

The new Federal Reserve regulations cause USAA Bank to end its debit card rewards program, but other account benefits remain unchanged.

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Bank of America Adjusts Checking Accounts; Customers May Face New Fees

Over July and August, Bank of America will begin phasing out traditional checking account products and move a half-million customers to new accounts.

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Capital One Acquires ING Direct

Once this deal becomes final, ING Direct accounts will be converted to Capital One accounts. If you're an ING Direct customer, here's what you need to know.

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Bank of America Offers Customers Free Museum Admission Nationwide

It is no secret that interest rates at banks are generally low in today's economy. However, your bank may help make up for it by offering you other perks. Bank of America's Museums on Us program is a perfect example.

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PNC Financial Agrees to Buy 420 Branch RBC U.S. Unit for $3.5B Image Image courtesy of stockimages at FreeDigitalPhotos.net

PNC Financial Agrees to Buy 420 Branch RBC U.S. Unit for $3.5B

PNC Financial has agreed to buy the U.S. banking division of the Royal Bank of Canada for $3.5 billion. It marks a retreat for the bank even as other Canadian banks look to expand south of the border.

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Texas Ratio: Bank Ratio for Analyzing Safety and Soundness

The Texas Ratio helps assess the health of a bank. It compares the amount of loan risk a bank has by the amount of reserves and capital a bank has at its disposal to cover those losses.

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First Quarter 2011 State of Banking

First quarter 2011 financial data from the FDIC has been released and we've gone through and crunched the numbers to give you an idea of what is happening to the U.S. banking system.

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USAA Youth Banking: An Early Lesson in Fiscal Responsibility

Fiscal responsibility is a lesson best learned early. Here are some great options to consider for youth savings, checking, and prepaid cards.

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Will Your Student Loans Keep You from Getting a Home? Image Image courtesy of marin at FreeDigitalPhotos.net

Will Your Student Loans Keep You from Getting a Home?

Student loans may not have the negative impact on getting a mortgage loan than you might think. But there are some things to keep in mind before applying for a mortgage.

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Should you Deposit Money With A Bank in Trouble? Image Image courtesy of Tuomas_Lehtinen at FreeDigitalPhotos.net

Should you Deposit Money With A Bank in Trouble?

If you find a bank in poor financial health that offers a competitive rate for CDs and savings accounts, does their poor financial health make the investment worth it?

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PayPal Gets Competitors

If you want to send money to your friend or family member, you will soon have more options. Bank of America, Chase and Wells Fargo form a partnership to give PayPal a run for its money, and their partnership will soon include more banks as well.

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NUVO Offers 2.02% APY on Growth Savings Account

Interested in a savings account that pays more than most CD rates? Balances up to $24,999 earn 2.02% APY with this online account.

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SalemFivedirect Offers 1.25% Savings Rate and 0.55% Checking Rate Image Image courtesy of hywards at FreeDigitalPhotos.net

SalemFivedirect Offers 1.25% Savings Rate and 0.55% Checking Rate

These online-only accounts have no monthly fees, no minimum balance requirements, and deposits up to $1,000,000 earn this competitive interest rate. There is, however, some (small) fine print to be aware of.

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Tired of Rising Gas Prices?  Fight Back with A Good Gas Reward Card Image LinkedIn

Tired of Rising Gas Prices? Fight Back with A Good Gas Reward Card

The Discover Open Road card offers up to $50 caskback for gas fill-ups with no annual fee and several other nice perks. However, if you don’t routinely pay off your balance in full each month, you should use caution before you use this card as a savings tool.

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Webster Bank Offers Up to $100 Bonus for New Accounts Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Webster Bank Offers Up to $100 Bonus for New Accounts

Webster Bank is offering tiered cash bonuses for new accounts in NY, MA, RI and CT, but this offer is only good until 7/11/11. It's a great deal, if you already have certain banking practices in place.

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