Bank Deals Blog: Deposits Education and Strategies

At the completion of its two-day FOMC meeting, the Fed announced a policy that’s inline with its new inflation strategy. In summary, the policy suggests that we won’t see a Fed rate hike for a long time, a period that's even longer than what was suggested at previous Fed meetings. The Fed also released updates to its Summary of Economic Projections (SEP) which includes federal funds rate forecasts that now extend out through 2023. Based on the FOMC statement and the SEP, it looks very unlikely that the Fed will...

When it comes to adding gold to your portfolio, there are two main courses of action: Buying physical gold, and buying gold through an investment vehicle. Gold is often considered a solid commodity investment, and it is perceived by many as a safe haven during times of market turmoil.

If you’re interested in adding gold to your arsenal, you cannot simply stroll into a bank and begin buying up gold bars. Here’s what...

Certificates of deposit (CDs)...

The COVID-19 pandemic has resulted in a lot of changes, ranging from the postponement of major life events to the way companies do business. A new survey from DepositAccounts reveals that consumers’ financial priorities are no exception.  

In fact, our survey of over 1,000 Americans found that an overwhelming 82% of respondents said the coronavirus pandemic has caused them to change their financial priorities in some way. Perhaps the silver lining of the...

If you keep your money at one of the 20 largest banks in the country, your checking account likely will have a daily ATM withdrawal limit between $300 and $5,000. ATM withdrawal limits can differ from person to person, however, and they are often determined by a number of factors, including what type of account or product...