» fdic
CDs are issued by banks as a way of investing money for a certain period of time. Once that period is up, you redeem the CD and get back your money plus interest. You can buy these from certified brokerage firms or banks. Before you do, there are a number of things you need to look at. Here are 4 important tips that should guide your investment decision:
Insurance
Always make sure that you are buying from a bank that is FDIC insured. If you buy from one that is not, you stand a high risk of losing your money should the bank ran into financial difficulties. You can call FDIC or visit their site to verify… » Read more
Recent surveys indicate that about 47% of bank customers are using online banking. Trusting such personal information to your mobile device can be a risky business if you do not know what you are doing and you do not take the right measures to protect yourself. There are 3 common issues that cause people to be weary of online banking:
- Identity theft
- Security attacks
- Website outages
As long as you are working with a bank that has really taken the necessary steps to protect their site and the customer’s information, your financial information should be safe. There are many websites out there that consistently make good choices in choosing a good provider to help them secure their website against… » Read more
Are you looking for a place to stash your cash? If you are in need of a place where you can put your money, it’s always a good idea to do some comparisons to find out which banks can give you the best deal out there. Local banks often get overlooked because the big banks can offer the nice incentives and often have a lot of other things that they can provide to customers. However, many local banks can provide people with great options too. Here are some tips that can help you in finding a good local bank to work with.
Determine your needs
The first thing you need to do is to determine what… » Read more
