Banking
Is it safe to send money to an unknown bank?
Before transferring any amount of money, play safe by checking the bank if it is insured with the Federal Deposit Insurance Corporation. You can verify the FDIC status of any bank by visiting their website www.fdic.gov and click on Deposit Insurance or you can call the FDIC Call Center for more information.
You may also [...]
Chevy Chase Bank Business As Usual
News have been circulating that Chevy Chase Bank was finally acquired by Capital One for $520 Million. This acquisition is expected to increase Capital One’s revenue, according to reports.
It’s banking as usual for Chevy Chase as they try to reassure customers who have questions about its pending takeover by Capital One. The bank highlights the [...]
Money, Banking and the Federal Reserve
This is an excellent tool about money, banking and the Federal Reserve. Watch and learn.
National City 5.25% APY CD
Save more and earn more with National City’s 5.25% APY CD. You’ll get a 5.25% return on your money, which is quite high in today’s market. This rate is for a 36-54 month term for balances of $10,000.00 or more.
Since people are now concern about the financial stability of banks, here is a brief background [...]
Banks Bailout: What Could It Mean To You and Your Money
It’s hot topic even to ordinary people of who gets what from the bailout funds. With so many concerns about the state of the banking industry, the results are now in. It is now known that Bank of America, Citigroup, J.P. Morgan Chase, and Wells Fargo will get the largest chunk of the bailout money.
The [...]
