» checking accounts

How can you find the best bank? There are many different kinds of banks all over the world.  There is a bank on most every corner.  There are large national banks such as Citibank, Chase and Bank of America.  There are also regional banks or small local banks.  They all operate very much in the same way.  They all offer credit cards, mortgages, savings and checking accounts.  The difference in these two is that the large banks are everywhere and the smaller banks are just in your local area.

Credit Unions are like small banks but are more individual.   They are known for higher rates of interest on CDs and… » Read more

TD Bank is not exactly going the way of Bank of America with debit card fees. However, customers are being driven away. Customers all over the industry, including TD Bank customers, are being driven away by increasing fees on their checking accounts rather than debit card transactions.

TD Bank is one of the bigger banks in the industry with banks across the eastern seaboard from Florida to Maine. The raised fees for their checking accounts aren’t for their everyday transactions. However, nearly all of the increases drive fees for customers into the double digit realm.

Customers are seeing the following increase; wire transfers increased to $15, certified checks will cost customers $8, money orders increased to $5 and stop payment fees will cost $30. There is also a limitation to the number… » Read more

The banking crisis is wonderful news for credit unions. Credit unions are happy because the crisis hasn’t touched their banking services and more people are recognizing the usefulness of having their banking and investing needs handled by credit unions.

Credit unions are providing bigger yields with lower fees and having no trouble appealing to new members. Many are also positioning themselves in the media as being more wholesome than banks or the Wall Street giants. Negative connotations with bailouts, bank confiscations and failures, mortgage scandals and other things have made banks a four letter word. Credit unions have seized upon this opportunity to allow the public to… » Read more