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Looking For A Bank Or Credit Union With Good ACH Service (Besides Alliant Credit Union)
I am looking for a bank or credit union with good ACH service:
1. allow a lot of linked external accounts
2. ACH limit is high (for example, >$25K per day, or higher for ACH in)... read more
Cashing Paper Bonds After Converting Them To Electronic: Can You Redeem Any Amount In $25 Increments
For paper bonds you must sell the whole bond. But once converted to electronic, can you redeem any amount in $25 increments like any electronic savings bond... read more
Credit Hit For Closing An Authorized User Card. Should I?
Need some advice if you have the time to take a look...
Even though I never wanted it, many many years ago a family member thought they were doing me a favor and made me an "autho... read more
Question About Box 2 EWP On The 1099 Form
I've never had an early withdrawal penalty before. On my 1099 box 1 is interest income and box 2 is the ewp. When I add up the YTD interest on all my accounts and add in the ewp fo... read more
Irs Charging Themselves A Late Penalty For Late Processing Of Your Return
For the last 2-3 years my daughters refund was processed late so IRS paid her an additional amount and followed up by sending a 1099 for that amount. Previously the amounts were be... read more
NYCB Stock Falls 37% Today - Problem For Mybankingdirect?
New York City Bancorp's stock fell 37% today. From what I gather, New York Community Bank and Mybankingdirect are both online divisions of Flagstar. Does this look ominous for eith... read more
Seattle Bank 1099
Can anyone give me an update on Seattle bank 1099 int forms? I have yet to receive mine. I do not have an online account. I have emailed them and left a voicemail. Updates anyone?
... read more
Data Breach Letters: Should I Sign Up?
They are so common, it sometimes seems as if I get a required Data Breach Notification Letter every week now. From just about everywhere -- employers, payroll companies, health ins... read more
What Criteria Do You Use In Selecting A FI For A CD Based On Health Rating
I am planning on building a 2 or 3 year CD ladder with all CDs under the FDIC or NCUA 250K insured limits.
My concern is that if a bank goes insolvent the CDs my be closed and I w... read more
Fednow Or Fedlater
Has anyone experienced noticeable speed-ups for funds transfers between their financial institutions that would now be using the new FedNow functionality? FedNow was reportedly lau... read more
Ivy Bank High Yield Savings Rate Guarantee
Ivy Bank's High Yield Savings with a rate guarantee through June looks like a 5 month CD with no EWP to me. Would you agree?
I am not aware of other bank's offering something simil... read more
EWP From A Roth IRA CD NOT on 1099-INT. Why?
When one incurs an early withdrawal penalty for closing a CD early, that penalty is always listed in a box on the yearly 1099-INT, and is usually tax deductible.
But, what if the ... read more
Can A CU Terminate Its NCUA Insurance?
Another dumb question from me. I saw this on the NCUA’s website: “No credit union may end its federal insurance without first notifying its members.” Does this mean that one day we... read more
HYSA That Allows Monthly Direct Credit Card Balance Debits?
I have high yield savings accounts at both Bread Savings and Bask Bank. My normal spending process is to put everything on my credit cards and have the entire balance paid off each... read more
Advancial About 200 Million
Advancial Credit Union has about $200 million more loaned out than they have in deposits. Is anybody concerned about this kind of thing? Don't they have to borrow to cover that def... read more
MAGI Vs. MAGA
I am embarking on new challenging project of figuring how to control MAGI without sacrificing MAGA.
I am not familiar much and in need to learn as much as possible about legitimate... read more
Using Chase Personal Account For Some Side Business Transactions
Having a Chase Total Personal Checking account for many years with payroll direct deposit from my employer as my primary source of income, I also take on some self employment as a ... read more
Hughes Fedral Credit Union Membership
Hi everyone,
Does anyone knows if Hughes credit union does hard pull or soft pull to open neslw savings account?
Thanks... read more
Securityplus FCU Maturing CD
Hi there:
My wife has a CD about to mature at this credit union that was opened when there
was a high rate promotion going on.
Looking at the current CD rates on the CU website ... read more
Do Money Market Funds Make Any Sence At This Time?
I listen to the Dave Ramsey show and he recommends to invest in MMF. So I looked into it. Unless I'm misinterpreting the information the MMF seems to be a looser, vs a high yield s... read more