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Thursday, July 31, 2014 - 11:36 AM
Grand Rivers Community Bank (3 Yr CD, 2%APY), also RCA ($10K, 2%APY)
Grand Rivers Community Bank
While the bank's Texas ratio has a DA rating of B+, the low asset base results in an overall health rating of C+. 

The RCA may not have broad interest due to the low cap.  It is a Kasasa account with an accompanying Kasasa Saver.  RCA qualifications are as follows:
  • Have at least 12 check card purchases post and settle
  • Be enrolled and receive eStatement notice
  • Be enrolled and log into online banking
Note there does NOT appear to be a requirement for direct deposit.

Edited to add:  Per a helpful CSR: 
1) EWP is 3 months of interest on the 3-year CD.  There is a $1K minimum to open the account. 
2) The bank can mail the paperwork necessary to open the CD account.  The paperwork must be notarized before it is returned, and you must include a bill (example: electric bill) with your name and address, a copy of your driver's license and of your Social Security card.  If anyone else will be on the account you must include a copy of their license and SS card as well.
pearlbrownpearlbrown1,438 posts since
Nov 2, 2010
Rep Points: 6,266
Thursday, July 31, 2014 - 11:02 AM
Errors Errors Galore
CoastHills Federal Credit Union 2 stars (2 stars)
I have been a member with Coasthills for over 24 years and their customer service has gone downhill. The branch located on Broadway is awful. The tellers have no idea how to lower their voices when dealing with sensitive information. The line was long and almost out the door we were standing waiting for our turn to go up to the bank teller and we could hear everyone's business. My heart went out to those who were being told they were overdrawn, didn't have enough money in their accounts, etc. The bank tellers were downright rude. That’s why if I have to go into a branch, I go to the one in Orcutt located in the Walmart shopping center. Over the last year Coasthills has been making a lot of errors. I have gone to the ATM and have had times were I couldn't use my debit card not because there wasn't any money in my checking or savings account supposedly we are only allowed 6 withdrawals from the savings account. I have never heard such a thing and how would that effect my checking account. I am not the only one to have this experience; it’s happened to me, family and friends and when you ask them what's going on no one can give you an answer. I have called in advance (several times) because I am heading out of state or the country to let them know that I will be away. I get to my destination and they have put a hold on my card. I call Coasthills and again they have no idea what’s going on with my account. Everyone I talk to has a different explanation. I have already started looking for a new bank. I am tired of having to call them at least twice a month to find out what’s going on with my money.
Sarah112Sarah1121 posts since
Jul 31, 2014
Rep Points: 1
Thursday, July 31, 2014 - 10:40 AM
6 Ways Federal Reserve Policy Hurts Retirees
Bad time for an annuity or for buying individual bonds. Not sure I would even buy into
a bond fund. I will keep my laddered CD's. 
BradenBraden46 posts since
Apr 27, 2014
Rep Points: 129
Thursday, July 31, 2014 - 9:49 AM
The Pentagon's 26,000 Tax Deadbeats Pose A Security Risk, GAO Says
The GAO report noted that the IRS and the Director of National Intelligence have formed a working group to find an answer. One solution would be to create an exemption to the tax laws so that debtor information can be shared with security agencies for clearance decisions. But while their goal is to work it out by 2017, action is not imminent.

Unpaid tax debts surprisingly frequent among those with U.S. security clearances | Center for Public Integrity 
Ally6770Ally6770914 posts since
Jan 16, 2010
Rep Points: 2,658
Thursday, July 31, 2014 - 9:45 AM
CapitalOne 360 revolves around you
Capital One 360 5 stars (5 stars)
I have not been using Capitalone360 for very long but it is very accessible and very easy to use. At this time I only have a checking and a savings account with them but the other products and services that they offer look very attractive. Capitalone 360 seems to offer everything you could ever want or need in financial products without really having to leave your living room. As an incentive to open a checking account they are offering a $50 bonus. The checking account has no fees and it also pays you interest. This is a big plus in my book. I thought that it would be a problem having a checking account with an online only bank but you can access cash at thousands of ATM's with no fee. They even offer mobile deposit so even depositing checks is easy. You can transfer funds from one bank to another and that is very quick. It doesn't get any easier than CapitalOne360. I haven't had to contact customer service but I am quite sure that even that is a piece of cake.
AngelgirlAngelgirl1 posts since
Jul 31, 2014
Rep Points: 0
Thursday, July 31, 2014 - 8:42 AM
State Farm Online Bank
State Farm Bank 5 stars (5 stars)
I really enjoyed working with this bank. State Farm was one of the fist banks that let you deposit checks from your phone (rather than having to go in store). They have good security and I have had no problems with any weird fees. My experience has been fairly straight forward. Their app (State Farm Pocket Agent app for iPhone) also is nicely designed and fully functional. The app pretty much serves all the features that you would need for your banking to be smooth and reliable. State Farm also has technical assistance twenty four hours a day. That's incredibly convenient. Most other technical supports are either closed after a certain hour and you have to wait till the next day to call. Although I do not bank with them anymore, due to my family banking with another provider, I still can say good things about State Farm.
Justin3Justin31 posts since
Jul 31, 2014
Rep Points: 2
Thursday, July 31, 2014 - 8:16 AM
Here's What The Numbers On Your Credit Card Really Mean
From Business Insider via Yahoo Finance:

The string of digits presented on the front of a credit or debit card is enough to confuse even the smartest of shoppers.

Yet, each number plays a crucial role in identifying the card provider, bank, and account information, as well as providing a security check.

Read more
pearlbrownpearlbrown1,438 posts since
Nov 2, 2010
Rep Points: 6,266
Thursday, July 31, 2014 - 8:14 AM
Defined Benefits Pension Plans Cost 1/2 Of What A DC (401K) Plan Costs
Another big finding in the study was that DB plans are more economically efficient than defined contribution plans, with 63.2 percent of benefits coming from investment earnings, not from employer or employee contributions. In addition, the institute’s research showed that pensions can provide the same level of retirement benefits at approximately half what a DC plan costs.
Pensions deliver $943 billion economic punch | BenefitsPro 
BradenBraden46 posts since
Apr 27, 2014
Rep Points: 129
Ally6770Ally6770914 posts since
Jan 16, 2010
Rep Points: 2,658
Wednesday, July 30, 2014 - 9:11 PM
My Bad Experience With Bank Of The West
Bank of the West 2 stars (2 stars)
yeah they lure you with some kind of cash reward, soon they start charging outragous fees every turn you you make: charges for overdraft fees, charges for using non bow atms on top of servicing atm fee, checking service fee not so appealing, beware of that bear wolf
Guillermo AnayaGuillermo Anaya1 posts since
Jul 30, 2014
Rep Points: 1
Wednesday, July 30, 2014 - 8:13 PM
Meh, BOA.
Bank of America 3 stars (3 stars)
To start off, I didn't want Bank of America. I had to go with them while I was living in a rather large city. I wanted a private local credit union, but I couldn't get accepted until I had lived here at least three months. So I was off for three months with BoA. At first they seemed okay, but I got monthly fees that I did not like, and they took off some fees for god knows what. Their customer service was okay, but the biggest thing I hated was how they took my money and never mentioned it. You won't earn anything being at this bank, all they will do is rob you blind. Go somewhere else, if you have to bank here, make sure it's for a small amount of time or else they will steal everything you have. Be safe about Bank of America.
annicusannicus1 posts since
Jul 30, 2014
Rep Points: 0
Wednesday, July 30, 2014 - 3:00 PM
What the Fargo
Wells Fargo Bank 3 stars (3 stars)
My experience with Wells Fargo is that they are good enough. In my day to day interactions with them, they have had good customer service when I called them with an issue. They website and phone app work really well and contain the services that I need. A few negative things are that whenever I go into an office location, they always try to sell me something or try to get me to open a new account. They also have a $13 dollar monthly fee that you have to work to get around.
Rebecca3Rebecca31 posts since
Jul 30, 2014
Rep Points: 0
Wednesday, July 30, 2014 - 2:00 PM
My initial Bank account opening in US
Bank of America 4 stars (4 stars)
I just reached US 7 months bank...Initially when I came I was in a confusion to choose which bank for opening an account. I just walked in to nearby some bank but didn't get attracted by their services / benefits. When I went to BOA, I was pleased with their services. X person came and directed me with their available benefits , explained me about debit , credit card facilities and everything happened in no time that I opened an account there , got done with all formalities...Though it is bit far from where I live, I opened an account in BOA...
MKPMKP1 posts since
Jul 30, 2014
Rep Points: 0
Wednesday, July 30, 2014 - 12:39 PM
A Convenient and Modern Bank
Ally Bank 5 stars (5 stars)
After being with a small local bank in my hometown since I was 16, a cross country move prompted me to look for a new bank. I was very pleasantly surprised to see the awesome option of online banking. I love to be able to check my balance online, make transfers, and so on. My Ally account is FREE! In addition to that, I have had ZERO problems with anything since opening the account 6 months ago. I can check on my money anytime, anywhere. I thought I would switch to an "in person" bank after moving but I changed my mind -- sticking with Ally!
Mary14Mary141 posts since
Jul 30, 2014
Rep Points: 2
Wednesday, July 30, 2014 - 12:04 PM
Enroll In Clear Mountain Bank's Estatements And You May Win $500
Clear Mountain Bank
Visit www.clearmountainbank.com and enroll all of your eligible accounts for eStatements between July 1 and July 31, 2014 and you will be automatically entered to win $500. All current customers with all accounts already enrolled in eStatements are also automatically eligible to win.
Cas Saint DenisCas Saint Denis16 posts since
Jun 24, 2014
Rep Points: 57
Wednesday, July 30, 2014 - 11:49 AM
Funding An HSA In An Alternative Fashion
Another Way to Fund a Health Savings Account-Kiplinger
If you have an HSA-eligible health insurance policy, then you can roll money over from a traditional IRA to an HSA and avoid a tax bill on that money when you withdraw it for medical expenses.
Cas Saint DenisCas Saint Denis16 posts since
Jun 24, 2014
Rep Points: 57
Wednesday, July 30, 2014 - 10:31 AM
Old Hickory Credit Union
Old Hickory Credit Union 5 stars (5 stars)
I have had nothing but great service out of Old Hickory Credit Union. I signed up through a promotion at my place of employment, and it has been one of the best business decisions ever. I always get great customer service, be it over the phone, or in my neighborhood branch. I highly recommend them.
AhouchensAhouchens1 posts since
Jul 30, 2014
Rep Points: 0
Wednesday, July 30, 2014 - 10:17 AM
Great bank with minor drawbacks.
Ally Bank 5 stars (5 stars)
I have been with ally for roughly 2 years as of now. They offer very competitive interest rates while not blindsiding you with excessive fees like many banks that charge low balance fees. I have found their customer service to be extremely help, but definitely a little chatty. Their website is very easy to use, depositing checks online can sometimes have a few hiccups depending on your browser and scanner. I found the mobile app for android to be of disappointing quality because it is merely a port of the iPhone version.
AlexHAlexH1 posts since
Jul 30, 2014
Rep Points: 2
Wednesday, July 30, 2014 - 12:32 AM
I'll never go back to a brick-and-mortar bank again
Ally Bank 5 stars (5 stars)
I switched to Ally four years ago after moving to an area where my previous bank didn't have any branches. I wasn't sure how working with an online bank would go, but it's been great! No real fees for anything, reimbursed ATM fees, helpful customer service available via phone and online chat 24/7, and amazing web and mobile features. I love being able to deposit a check by taking a picture of it with my phone. The only downside is not being able to deposit cash, but we have cash so rarely that it's not really an issue for us at all.
ShellyS.ShellyS.1 posts since
Jul 30, 2014
Rep Points: 3
Tuesday, July 29, 2014 - 11:25 PM
One of the best around
Meriwest Credit Union 4 stars (4 stars)
This credit union has absolutely great employees who are very dedicated to making you happy. I applied for a home loan here and the process was very smooth and involved me interfacing with a few people from different departments. They all had the same friendly way of going about things and were extremely precise in what they needed from you and did so with a smile. I enjoyed my experience so much that I even opened up a checking and savings accounts. This credit union is awesome!
Jason3Jason31 posts since
Jul 29, 2014
Rep Points: 0
Tuesday, July 29, 2014 - 9:05 PM
17-Month 1.50% APY CD. Quick Look.
Darien Rowayton Bank
NICE!! find cumulus
RicochetRicochet133 posts since
Jan 19, 2010
Rep Points: 364
Tuesday, July 29, 2014 - 8:06 PM
Pleasant
Bank of America 5 stars (5 stars)
I have always had pleasant experiences with my bank. There were a few times I mistakenly overdrew my account and I called and they were really nice as a courtesy to remove overdraft charges. That lets me know they go above and beyond the call of duty and truly appreciate my service. The customer service both in the branch and on the phone has always been cordial as well. They hire I believe nothing but the best and thats what makes me proud to be a customer of Bank of America.
HighlightHighlight1 posts since
Jul 29, 2014
Rep Points: 0
Tuesday, July 29, 2014 - 7:30 PM
Median Household Worth Down 20% Since 1984--Figure 1
This is noteworthy because this cannot be explained as largely the result of the collapse of house prices that triggered the Great Recession. This indicates that we have gone thirty years, during which time output per worker has more than doubled, but real wealth has actually fallen for the typical family. It is also important to realize that the drop in wealth reported in the study understates the true drop since a typical household in 1984 would have been able to count on a defined benefit pension. This is not true at present, so the effective drop in wealth is even larger than reported by the study. (Defined benefit pensions are not included in its measure of wealth.)
BradenBraden46 posts since
Apr 27, 2014
Rep Points: 129
Tuesday, July 29, 2014 - 5:29 PM
Vystar Mobile App
Vystar Credit Union 5 stars (5 stars)
Great bank, you have to do an app for window phones.
Adonys HerreraAdonys Herrera1 posts since
Jul 29, 2014
Rep Points: 1
Tuesday, July 29, 2014 - 2:53 PM
Sincerely Concerned And Perplexed
Heartland Bank (OH) 1 stars (1 stars)
I applied online for an account...upon entrance into the Gahanna location to complete my enrollment process I was greeted hastily as the first banker begin to question me and later stated there system is slow and she did not have time. I was passed off to another banker who took my credentials and basically excused me. This is the first time I have ever been treated in this fashion at a reputable financial institution. Normally, your given some paperwork regarding the banks products and services of the account....Nothing! just thank you and goodbye! The following day, later in the afternoon, I phoned the bank as I was concerned as to whether or not the account was established especially since Heartland initially debited funds from my primary banking institution to begin the process and was told by the first banker who pushed me off that she intended to contact me because of other concerns. I paused as I realized this was not the right banking relationship for me. I truly want to believe that in this modern day all people of various backgrounds and color are treated fairly, equally without prejudice and/or racial intentions. I truly do not want to believe or feel like this particular experience falls in a negative category. Moving forward, I sincerely suggest the professional staff of Heartland be mindful of how your service impacts your institution and more importantly how you treat your incoming potential customers..."first impressions are lasting." Ratings are not necessary at this time, thank you.
Julia Complete ThomasJulia Complete Thomas1 posts since
Jul 29, 2014
Rep Points: 1
Tuesday, July 29, 2014 - 2:48 PM
I've Had Better
The Golden 1 Credit Union 3 stars (3 stars)
I've been with Golden One Credit Union for some time now. I first signed up for the account because I needed a savings account separate of my primary account. I never planned on using it much so little research went into the decision. This is not like me what so ever. As for my overall satisfaction of the bank I would say its quit unimpressive. There service is nothing special but also isn't anything I would complain about. There mobile app is really basic with nothing to set it apart from other banking apps I have. There fees aren't competitive but also not considerably pricey. Over the years I've had some problems but nothing you wouldn't expect. The bank has done nothing to attempt to win my business from my other banks even when they come up in casual conversation. For all the reasons stated I really wouldn't recommend this bank to anyone in the market. There are much better better financial institutions that I feel value their customers more.
GarrettGarrett1 posts since
Jul 29, 2014
Rep Points: 0
Tuesday, July 29, 2014 - 2:06 PM
53 Banks Still Owe Taxpayers Money
From Bauer Financial:
Treasury continues winding-down the bank investments it made under the Capital Repurchase Program (CPP) of TARP (Troubled Asset Relief Program). When the programs were launched in 2008, the belief was that it would all be behind us by now. Banks in the program were given incentive to exit, in the form of a dividend payment hike, once they were healthy enough to do so
Read more
pearlbrownpearlbrown1,438 posts since
Nov 2, 2010
Rep Points: 6,266
Tuesday, July 29, 2014 - 1:59 PM
Our Perception Of Time Says Everything About How We Handle Our Finances
From Yahoo Finance:

If you want to get better at managing your finances, stop fussing over dollars and cents — instead, take a good hard look at how you perceive time.

.... People who based their decisions on the past tended to be more cautious with their spending and more financially healthy. Those who focused mostly on their present situation were more likely to make the sort of impulsive decisions that could lead to more debt and living beyond their means.

“Whether you can do math or have a high degree of financial literacy does not mean we can predict if you’ll be financially sick or financially healthy,” ...  “But we can tell whether you’ll be financially healthy or sick based on your time perception.”
Read more
pearlbrownpearlbrown1,438 posts since
Nov 2, 2010
Rep Points: 6,266
Tuesday, July 29, 2014 - 1:45 PM
Retirement Regrets: Costly Mistakes To Avoid
From Yahoo Finance: 

If you talk to enough baby boomers or new retirees about what they wish they could do differently, chances are many of them would mention a retirement plan do-over of some kind.

And even if you’ve managed to build up a sizable nest egg, executing on the right way to withdraw those funds is just as important as saving. Crucial mistakes along the way can jeopardize the money you’ve worked so hard to save up.

Read more
Among the mistakes may regret: having too many retirement accounts with different institutions, borrowing from yourself, not revising your financial plan.
pearlbrownpearlbrown1,438 posts since
Nov 2, 2010
Rep Points: 6,266
Tuesday, July 29, 2014 - 12:47 PM
America's 10 Most Hated Banks
From:

Big Banks, Big Complaints: CFPB's Consumer Complaint Database Gets Real Results for Consumers
Big Banks, Big Complaints | Frontier Group

1.  Wells Fargo Bank, Bank of America, and JPMorgan Chase were the most complained-about banks in the United States, as measured by total number of complaints. They are also the nation’s three largest banks based on the size of their deposits.
2.  Midwest-based TCF National Bank has by far the highest ratio of complaints to total deposits among banks supervised by the CFPB, with 24.9 complaints per billion dollars of deposits. Sovereign Bank (9.1 complaints per billion of deposits) and Capital One Bank (6.5 complaints per billion of deposits) ranked second and third, respectively. (See Table ES-1.)
3.  Several banks ranked toward the top for highest ratio of complaints to deposits in multiple categories of banking services. Sovereign Bank and Capital One Bank, for example, ranked in the top 10 for highest complaints-to-deposits ratio across all four major banking services (checking, savings, certificates of deposit, and other services) and all five issues (problems with account management, deposits and withdrawals, low funds, making or receiving payments, and the use of ATMs or debit cards ) tracked by the CFPB. TCF National Bank ranked first for complaints-to-deposits ratio for complaints related to checking and savings accounts, as well as in all five issues tracked by the CFPB.

ShorebreakShorebreak2,622 posts since
Apr 6, 2010
Rep Points: 14,215