Articles

Checking customers are at risk of paying high overdraft penalties and having their accounts involuntarily closed if they opt-in to bank overdraft programs when opening checking accounts according to a report released today by the Consumer Financial Protection Bureau (CFPB).

Are CDs losing their place in a saver's portfolio? Savings data seems to suggest yes, at least for now.

The economy continues to see-saw back and forth between good and poor economic news. Average bank deposit rates have responded by slowing their decline. Top rates are holding. Read on to see what I think the rate future holds.

The impact on savings and borrowing rates is expected to be minor.

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.

Below is a list of the best auto loan rates from banks and credit unions. . If you are looking for an auto loan, then it may be worth your while to check on these rates before you make any decisions.

Savings and CD averages continue to fall. Top savings rate remains steady at 1.05% APY. Top online CD rate steady at 1.75% APY. The economy seems to be gaining momentum as jobs and leading indicators all come in above forecasts.

BestCashCow released its list of the Top 10 Safest States to Bank. Check and see if your state is on the list.

In the process of searching for the best mortgage, you may come across both mortgage brokers and mortgage loan officers. What’s the difference and which one should you work with in securing the best loan at the best rate with the best service?

Top online savings rate holds at 1.05% APY. Top CD rate steady at 1.75% APY. Reward checking still paying 3.01% APY. Average rates continue to trend down.

Homeowners have some common mortgage misconceptions that can cost them thousands of dollars. Learn what they are and the real facts.

Savings rates continued their relentless march, like zombies in some horror movie, moving mindlessly lower and lower. Average one-year CD Rates dipped from 0.368% to 0.366% APY. Three year average CD rates dropped from 0.730% to 0.726% APY. Five year average CDs dropped to from 1.071% to 1.066% APY. The only good news on the savings front is that average online savings rates remained steady at 0.705% APY for the second week in a row. We remain on pace to see a sub 1% average APY on a 5 year CD rate by August or September.

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.

Share Plus Federal Bank in Plano, Texas is offering a 2% APY 12-month CD rate good for terms between 1-5 years.

Top online CD rate drops to 1.75% APY. Top online savings rate steady at 1.05% APY. Outlook: Rate will continue to trend down.