How to Avoid Overdraft Fees

Overdraft fees are a result of not having enough money in your bank account to cover a purchase. Overdraft coverage can help you avoid these costly fees. However, it may not be the best way to avoid overdraft fees depending on your situation.

Lindsay VanSomeren 22 May

How to Fill Out a Money Order: An Easy Step-by-Step Guide

There are times when a plastic card or paper cash isn’t enough – for instance, if you need to mail a significant sum of money or send a secure payment. For anyone in situations like these, a money order is the solution.

Zina Kumok 15 Mar

Money Market vs. CD: How to Choose the Best Investment for You

If you’re saving up for a big purchase such as a dream vacation or even just a grocery-getter car, money market accounts and CDs are two great tools that’ll help you get there. But you should know the difference between these two options.

Lindsay VanSomeren 12 Mar

Do I Have to Pay Taxes on Bank Account Interest?

The amount you owe in taxes will depend on two factors: how much interest you earned and your tax bracket. We’ll break down how to find out how much you owe and how to reduce your tax bill.

Lindsay VanSomeren 07 Mar

What is a Bank Statement and How Do I Read It?

A bank statement is a record of your transactions from a checking or savings account over a certain statement period. It shows all the deposits and withdrawals that occurred for your account. It includes any checks you wrote, credits you received and more.

Zina Kumok 07 Mar

How to Open a Bank Account Online the Easy Way: A Step-by-Step Guide

Banking has come a long way since the days of our parents. Perhaps even you have memories of the weekly hassle of standing in line at a brick-and-mortar bank waiting to conduct your business?

Lindsay VanSomeren 05 Mar

CD vs. Savings Account: Which is Right for You?

CDs and savings accounts are two of the most popular ways to save money with a bank. Both pay interest and can help you accomplish your savings goals. However, each one has specific features that make it best for different uses.

Lindsay VanSomeren 07 Feb

What is a Credit Union and What are the Benefits of Membership?

Unlike banks, credit unions are member-owned. You can think of them like a cooperative where each member is a shareholder in a not-for-profit organization. Sometimes the money in your credit union account is even called shares instead of cash.

Cat Alford 30 Jan

How Many Bank Accounts Should I Have? At Least These 3

One of the easiest ways to do so is to open multiple bank accounts and use them accordingly. But how many bank accounts is enough, and how many is too many? The answer depends on your individual situation.

Lindsay VanSomeren 27 Jan

Credit Union vs. Bank: How to Decide Which One is Right for You

Your first big decision when finding a place to store your money is whether to choose a credit union vs. a bank. Though similar, there are some very real differences between these two institutions that may affect your banking experience.

Lindsay VanSomeren 20 Jan