Miscellaneous
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Be On Notice: March 29th Is Good Friday
Good Friday is not a national holiday and the Fed will not observe March 29th as a holiday. Most financial institutions will be open this coming Good Friday. However:
Good Friday ... read more
Flagstar Is Paying 5.5% On 7 Month CD's.
I saw this under Ken's Bank Rates Map.
I know they have been in the news lately and I don't currently have any accounts with them but because I can't have any more income. They ar... read more
FDIC/NCUA - POD On JOINT ACCOUNTS
Moderator Note: This is a message that bobert456 wanted to include at the top of this thread: "I failed to understand the financial calculators will not allow POD on joint accounts... read more
FI Health Ratings As Of End Of 2023
Some of the subject health ratings have begun to become available:
Weiss Ratings now offers new FI health evaluations using end of 2023 data.
Go to https://weissratings.com/... read more
CPI-U Number For January And Impact On I-Bond Rates
The CPI-U numbers, which defines the inflation rate for I bonds, for January came in at 0.545% month over month from the December number, which is 225% of the pre-pandemic average ... read more
February 2024 Inflation Up Slightly
According to the Bureau of Labor Statistics CPI report released on March 12th, Annual Inflation was up from 3.1% in January 3.2% in December.
(but since we calculate it to two digi... read more
FYI - HUGHES FCU
-Just a heads up. GREAT RATES at HUGHES CD special, but a couple of things to watch out for ...
1) NCUA appears to be at the MEMBERSHIP level, not the sub-account level. So if you... read more
CDs/GICs In Canada
I stumbled upon a few websites for Canadian credit unions by chance, and noticed that up north they call CDs "GICs" instead (Guaranteed Investment Certificates). I also noticed the... read more
Berkshire Hathaway 2023 Annual Letter By Warren Buffett (Via Jonathan Ping - Mymoneyblog.Com)
https://www.mymoneyblog.com/berkshire-hathaway-annual-letter-2023.html... read more
Why Did DA Delete Two On-Topic Threads About Alliant?
Is there a reason why DA has mysteriously deleted two threads about Alliant?
Did Alliant ask for them to be deleted?
Ken, if you are reading this, please comment on why two very mu... read more
Alliant Yearly Member Meeting Info Found! (For 2017) - Repost
Note: Posting this information again, since the original thread, with all its replies -- as well as another thread on Alliant by Kaight -- was apparently deleted by accident due ... read more
Alliant Credit Union - A Friendly Reminder
I am writing this on the final Friday in January. One week hence February will be upon us. So Alliant members kindly be reminded:
February is Alliant Credit Union's kickout month.... read more
I Am SO DONE With Penfed
PenFed is one bad CU, and they just screwed me with the last remaining product I had with them. I know most here already stopped using them due to their abysmal rates and draconian... read more
Alliant Annual Membership Meeting Info Found! (For 2017)
I was helping an older relative with their shredding of old tax boxes today, and happened to see the following, printed on Alliant's December 31st 2016 paper statement:
ANNOUNCING... read more
Ally Lowering Money Market Account Rate To 4.35%
Todays e-mail from ALLY:
"Your Money Market Account rate is decreasing from 4.40% to 4.35% Annual Percentage Yield (APY) on all balance tiers. Your new APY goes into effect on 3/1/... read more
Letter To Editor In Newspaper Today Raises Hell Over Low Bank Savings Rates
I liked this one so much that I thought I would share it. From today's newspaper. You can see it here:
https://postimg.cc/SXYWCLmc
I know plenty of people here will fully agree w... read more
Capitol One To Acquire Discover For $35.3 Billion Deal
The article is in several paywalls. I can get it but can't copy and paste it. Not sure if it will affect anyone.... read more
Long-Time I Bond Investors Face A Tax Time Bomb
https://tipswatch.com/
U.S. Series I Savings Bonds are a unique investment because all interest is rolled into principal until redemption, and in most cases, all the compounded ea... read more
Luther Burbank Savings Is Becoming Wafd Bank On March 1, 2024.
I also posted this as a bank review for LBS. I decided this forum might be a better fit for the news. LBS customers have received multiple mailings about the changeover and hopeful... read more
Money Market Fund dividend income information for tax year 2023 from Fidelity, Vanguard, and Schwab
Money market fund dividends derived from U.S. government obligations are typically exempt from state income taxes in most states. The links included below provide information regar... read more