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Look Before You Leap to a New Bank Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Look Before You Leap to a New Bank

Even if a bank is not considering implementing debit card fees, there is a fair chance the account may have some changes in the coming months. Before you transfer your hard-earned cash to a new bank account, you should check to see what changes may be on the bank's horizon.

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Your Bank: To Switch or Not to Switch? Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Your Bank: To Switch or Not to Switch?

Even though Bank of America canceled the planned $5 monthly debit fee charge, the public outcry continues and many are pushing a movement called "Bank Transfer Day." However, is switching your bank really the right move for you?

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Best CD Rates - Massachusetts Image Image courtesy of renjith krishnan at FreeDigitalPhotos.net

Best CD Rates - Massachusetts

We scanned our database for the best CD Rates in Massachusetts and came up with the following best rates from FDIC insured banks located in the Commonwealth. We searched for 5 year CD terms. You can view rates for other terms on our CD rates page.

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How the Greek & European Debt Crisis Impacts Consumer Bank Rates

Over the past two years, the news has occasionally focused on the slow-moving debt debacle that is taking place in Greece and several other members of the European Union. It's easy to dismiss what is happening in Europe as something... Read →

Bank of American Retreats on $5 Debit Card Fee

The WSJ is reporting today that Bank of America has pulled the plug on its planned $5 monthly debit card fee. It's no real surprise considering the negative press and the online uproar.

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Weekly Rate Deal - First Choice Bank Offering 2.80% APY 5-Year CD Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Weekly Rate Deal - First Choice Bank Offering 2.80% APY 5-Year CD

With average five year CD rates down to 1.60% APY according to BestCashCow's database, we went searching for yields that smashed the average. What we found was the highest bank rate in the land. First Choice Bank, headquartered in New Jersey is offering a 60-month CD paying 2.80% APY with a $1,000 minimum balance.

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Protecting Your Neighborhood from Foreclosure Crimes

Foreclosed homes in your neighborhood can have a negative impact on you and the overall area. But you can minimize that impact by making foreclosed homes appear occupied.

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Can the Mortgage Crisis Heal Itself? Image Image courtesy of hywards at FreeDigitalPhotos.net

Can the Mortgage Crisis Heal Itself?

It is no secret that the mortgage crisis has had a huge negative impact on the nation and its economy. But is implementing programs the solution or will it simply fix itself over time?

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NYT: Banks Awash in Cash Are Dropping Savings Rates Image Image courtesy of koko-tewan at FreeDigitalPhotos.net

NYT: Banks Awash in Cash Are Dropping Savings Rates

The NY Times had an interesting article over the weekend discussing how banks are flooded with cash, helping drive down deposit rates on savings and CDs. While I agree with the general thrust of the article, I would add a few caveats.

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Best Massachusetts (MA) Savings Account Rates Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Best Massachusetts (MA) Savings Account Rates

Massachusetts offers some competitive local savings account rates if you know where to look.

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Who Does the President's New Mortgage Plan Help? Image Image courtesy of fantasista at FreeDigitalPhotos.net

Who Does the President's New Mortgage Plan Help?

President Obama's new mortgage plan could be a great success for homeowners across the nation, but will it benefit you?

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Weekly Rate Deal - First National Bank of St. Ignace Offering 12-Month Flex CD at 1.51% APY Image Image courtesy of marcolm at FreeDigitalPhotos.net

Weekly Rate Deal - First National Bank of St. Ignace Offering 12-Month Flex CD at 1.51% APY

The First National Bank of St. Ignace is paying 1.51% APY on a 12 month Flex-CD for balances over $10,000. Funds over $10,000 can be withdrawn at anytime after seven days, making this a CD with a great rate and flexibility.

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Is a Reverse Mortgage Right for You? Image Image courtesy of fantasista at FreeDigitalPhotos.net

Is a Reverse Mortgage Right for You?

Reverse mortgage have helped relieve thousands of homeowners of their financial difficulties. But is a reverse mortgage best for you?

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Foreclosure Rise Linked to Crime, Anxiety and Suicide Image Image courtesy of marin at FreeDigitalPhotos.net

Foreclosure Rise Linked to Crime, Anxiety and Suicide

Financial problems are just the tip of the proverbial iceberg when discussing the negative impacts of foreclosures on a community.

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Best Texas CD Rates Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Best Texas CD Rates

With all of those financial institutions in the Lone Star State, it's no wonder that there are some way above-average CD rates to be found. The following banks offer 3-year CD rates well above the national average:

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