http://www.depositaccounts.com/ DepositAccounts.com provides advice and tools to help choose the right account for short and mid-term investments. www.depositaccounts.com Fri, 12 Mar 2010 11:15:14 GMT webmaster@depositaccounts.com webmaster@depositaccounts.com http://www.depositaccounts.com/articles/understanding-interest-rate-and-apy.html http://www.depositaccounts.com/articles/understanding-interest-rate-and-apy.html Mon, 08 Mar 2010 01:52:00 GMT Understanding the different terms used to describe interest rates can be confusing at first. Generally you will see the term interest rate mentioned, along with APR or APY, so what’s the differ ... http://www.depositaccounts.com/articles/how-ach-transfers-work.html http://www.depositaccounts.com/articles/how-ach-transfers-work.html Mon, 15 Feb 2010 12:21:00 GMT You want to make sure that your mortgage and utility bills are paid on time every month, but you hate writing checks, and paying postage to mail those bills is getting to be a hassle. Therefore, you sign up for automatic payment with each of these companies. http://www.depositaccounts.com/articles/how-to-build-a-cd-ladder.html http://www.depositaccounts.com/articles/how-to-build-a-cd-ladder.html Tue, 02 Feb 2010 07:21:00 GMT Any healthy portfolio includes some cash investments. However, the high liquidity and safety of cash comes with a price: Low returns. Because the yield on cash is so low, it is up to you to make the most of it. And one of the ways that you can do this is to set up a CD ladder. http://www.depositaccounts.com/articles/what-is-chexsystems.html http://www.depositaccounts.com/articles/what-is-chexsystems.html Sat, 16 Jan 2010 06:00:00 GMT ChexSystems, Inc is a consumer-report agency governed by the federal Fair Credit Reporting Act enforced by the Federal Trade Commission. It exists to provide financial institutions account verification services when individuals apply for accounts. http://www.depositaccounts.com/articles/the-differences-between-credit-unions-and-banks-.html http://www.depositaccounts.com/articles/the-differences-between-credit-unions-and-banks-.html Sun, 27 Dec 2009 06:00:00 GMT It may seem that credit unions and banks offer the same products and services upon first glance. Both types of financial institutions give people a variety of options for saving money, writing checks, using debit cards, and getting loans. The same opportunities for financial solutions may exist at both credit unions and banks – but it doesn't mean those solutions are created equal. http://www.depositaccounts.com/articles/-how-much-money-is-your-checking-account-making-for-you.html http://www.depositaccounts.com/articles/-how-much-money-is-your-checking-account-making-for-you.html Tue, 10 Nov 2009 06:00:00 GMT Trying economic times have put the squeeze on millions of families and individuals in the past twelve to eighteen months. Mostly everyone you know is looking for some way to save a pinch here or there or make an extra buck or two. One simple but often overlooked way to both save a little and earn a little is where you choose to have your checking accounts. The two basic choices available to consumers are small local community banks and credit unions or monolith multinational financial institutions. Researching and investigating checking account fees and interest rates, at your locally owned bank or member owned credit unions before opening an account at one of the thousands of branches of your nearest super bank could save you all the associated banking fees and earn you upwards of five percent interest or more on the balance of your checking account. Why and how is this possible you may ask? http://www.depositaccounts.com/articles/benefits-of-online-banking.html http://www.depositaccounts.com/articles/benefits-of-online-banking.html Tue, 27 Oct 2009 06:00:00 GMT More and more financial institutions are offering online banking to their customers, with some banks being completely online. With so many different options available, anyone can do most of their banking online. Both businesses and individuals can benefit from changing their accounts to the online variety. http://www.depositaccounts.com/articles/money-doesnt-grow-on-trees-but-you-can-make-money-grow-faster-with-money-market-accounts.html http://www.depositaccounts.com/articles/money-doesnt-grow-on-trees-but-you-can-make-money-grow-faster-with-money-market-accounts.html Thu, 22 Oct 2009 06:00:00 GMT The golden rule for personal finance is to pay yourself first. The sooner you get money into an investment or savings; the more opportunity that money has to compound and grow over time. When people start saving money at a young age, they will almost always have more money than someone who saves higher amounts of money later in life due to the compounding effects of interest on the saved money. The younger person typically has more years to let their savings grow than the older investor and therefore ends up with more money at retirement than the late-saver. Unfortunately, money doesn't grow on trees but if you invest and save wisely, you can help your money grow faster with a money market account. http://www.depositaccounts.com/articles/benefits-of-fixed-rate-iras.html http://www.depositaccounts.com/articles/benefits-of-fixed-rate-iras.html Fri, 16 Oct 2009 06:00:00 GMT Individual Retirement Accounts, or IRAs, is a personal saving account for individuals to save for their retirement. One of the main reasons for opening an IRA is the income tax advantage provided to the individual while they are saving. http://www.depositaccounts.com/articles/the-differences-between-certificate-of-deposits-and-brokered-certificate-of-deposits.html http://www.depositaccounts.com/articles/the-differences-between-certificate-of-deposits-and-brokered-certificate-of-deposits.html Wed, 07 Oct 2009 06:00:00 GMT A certificate of deposit (CD) is a note issued by a bank when an individual makes a deposit to the bank, often for a particular length of time. Basically, investors are lending money to the bank for a specified period. In return, the bank offers a higher interest rate to the investor than compared to a savings account or money market account. The higher interest rate is in exchange for not withdrawing the money from the bank for the period listed.