Miscellaneous
Latest Discussions
I Had Stopped Asking My Local Credit Union If They Would Match A CD Rate.
I had to split a Roth for insurance purposes. When this site said that you could withdraw with no penalty from the credit union that it is in if you are over 591/2. I started looki... read more
Any Truth Here ?
https://share.newsbreak.com/3w0jkosb... read more
Wire Transfers Over $10,000 Must Be Reported By Banks
I imagine most people don't know that federal law requires wire transfers over $10,000 must be reported to FinCEN, just the same as if one was doing cash transactions over $10,000 ... read more
Morgan Stanley Bank New Issue, Non-Callable, Brokered CD Rates As Of 5-3-2023
Morgan Stanley Bank, National Association (FDIC#: 32992) and Morgan Stanley Private Bank, National Association (FDIC#: 34221) have been slowly increasing the rates offered on their... read more
Worried About Debt Limit? About Smaller Banks? (Via Jonathan Ping/Mymoneyblog)
https://www.mymoneyblog.com/reader-questions-worried-about-debt-limit-smaller-banks.html?lctg=103035...<span class="_wysihtml5-temp-placeholder"></span><span class="... read more
SFGI (Summit Bank) ACH Policy
I was just informed that SFGI Direct (Summit Bank) has changed their ACH policy. You no longer can "pull" money via ACH from your account. They already limit to one the number of a... read more
Debt Ceiling And Interest Rates
I have CD ladders going on, but we are only about two weeks away from the potential of default for the debt ceiling. Officials anticipate that IF that were to happen, we could see ... read more
Diversification Rather Than Prognostication
We cannot possibly predict the future of inflation, Fed rates, savings rates, or the impact of current and future world events upon the economy. As well, while we all aspire to buy... read more
Goldman Sachs Is Watching For ‘Cannibalization’ From Apple’s New Savings Account
https://www.cnbc.com/2023/04/18/goldman-sachs-ceo-david-solomon-on-apples-new-savings-account.html... read more
TreasuryDirect Has Removed The Virtual Keyboard For Password Login
The virtual keyboard is gone and passwords have become case-sensitive. How you enter your current password the first time after this change, will become the way you need to enter i... read more
CPI-U Report Out Tomorrow
The March CPI-U report released last month was approximately 75% of the average 2012-2019 month over month rate change. If the CPI-U rate is equal to the average 2012-2019 month ov... read more
Insurance Coverage In Credit Unions.
I wrote NCUA Saturday and received my reply today.
The account where you are the owner with two beneficiaries is covered up to $500,000. It is considered an informal revocable tru... read more
GM Right Notes Now 5.39% APY
GM has boosted its rates to 5.25% APR 5.39% APY. I expect DERI (Dominion Energy) to match this on Monday. Let's hope more liquid accounts join the 5%+ club.... read more
Random Question About Deposit Timing
If a promotional term states that an account needs to be funded by a certain date, for example if it states deposit "by June 15", would that mean that a check deposit could be made... read more
Is There a Tech Issue on Site Now For Making a Comment
Tried to make a short comment a couple minutes ago, but it didn't show up under that thread. So retyped it & hit "submit" again, but still didn't work. (~12:10 PM EST) (Ha... read more
HSA At Connexus
My HSA is sizeable so really like its own IRA.
I have been using CONNEXUS with VERY good experiences. They were paying 2% on balances back when most all HSA accounts were less tha... read more
Savebetter Non-Compete Clause?
I was told something interesting not too long ago by an FI that sometimes partners with SaveBetter: When I asked why I couldn't get the same rate with them directly, I was told the... read more
GTE Won't Reset Term For 5 Year Jumbo CD
Tried to get them to reset my CD so the term would begin today. The answer was no. I'd be too scared to try to close it then reopen it.... read more
Short Term Treasury Yields Blowing Out
Back up the truck time. Treasuries maturing in early June are blowing out due to debt limit charade. Just picked up the June 6 bill at over 5.55%.... read more
Penair Changing Its Name
PenAir will be changing its name on June 21st (the longest day of the year).
No word on what the new name will be, but I assume it won't be "We Are Not Republic Bank."
Members rec... read more