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Take advantage of the knowledgeable community by asking your banking question here. You might first review past questions and answers via the Frequently Asked Questions links and search box below. Thank you to all community members who contribute their knowledge and experiences to help point others in the right direction!
Frequently Asked Questions
Latest Questions
Credit Unions That Distrubute Bonus Dividends To Customers.
Founders Federal distributes a portion of its profits in the form of dividends to it's customers once per year. I occasionally read about another credit Union that does this. Is th... read more
Andrews FCU - How Best To Retrieve Funds From Matured CD
I have a CD with Andrews that's about to mature and plan to reinvest the money at another institution. I have a checking account at Andrews but unfortunately do not have checks. I ... read more
Has Anyone Done A Regions Promotion That Requires An ACH Direct Deposit?
I opened an account because it offers a $400 bonus for opening a checking account and doing ten debit card transactions.
In order to avoid the $8 monthly fee, I have to enroll in ... read more
Trying To Track Old CD
I ran across 2 CD's that Matured in 1995 totaling $35K ( invested amount). Originally deposited at Barnett Bank, Jacksonville, FL. Barnett Bank was bought out by Nation... read more
Does A Bank Have A Fiduciary Duty To Transfer CD Funds In A Timely Manner?
On April 17th, my new institution faxed over direct transfer instructions to Synchrony Bank for my IRA CD maturing the next day. I called on the 22nd since funds were still in the ... read more
Please Help
I'm not smart enough to figure out how to notify Mr. Tumin about a problem with the Chase bonus deals he shows on this site and am hoping that someone here can do so.
I signed up... read more
Financial Ratings By Deposit Accounts
First Guaranty bank is rated B in capitalization and has deposits/equity in excess of $1b. non current loans at about 20 percent of allowances and is only rated above average.
Whe... read more
Difficulty In Selling Brokered CDs?
One reader emailed me about his experience in trying to sell Fidelity brokered CDs. Here’s an excerpt of his email:
I have brokered CDs with Fidelity. I never had any l... read more
CD Grace Period
Is there any legal requirements regarding grace periods for cd's ? Does the bank even have to offer any time between maturity and automatic renewal ? Just something to be aware of ... read more
I Have 600K In 5 Yr. Cds At 2.2%. Should I Break Them, And If So, Ladder Or Go With 3.40% 5 Year?
I've never done this before. $240K comes up in 2 yrs. 3 mos. $280K comes up in 3 years. About $110K in IRA comes up in 3 years.
Despite everything I've read about laddering, I'm ... read more