Miscellaneous
Latest Discussions
Income And Medicare Premiums For Retirees.
Do not know how many readers are retirees and manipulate their income ( I do mine by Roth conversions) to stay below the bracket for regular Medicare premiums but found this a few ... read more
Tapering 101: What To Know About The Fed
View this as a "subscript" to Ken's weekly posts:
Tapering 101: What to Know About the Fed
https://www.ally.com/do-it-right/trends/weekly-viewpoint-august-20-2021-federal-reserve-t... read more
Is It Worth Giving Up Liquidity And Freedom For Such Paltry Savings Rates?
Before savings rates plummeted, it was a reasonable question to ask whether it was worth giving up the freedom of a 1% savings account in order to 3% or 4% long term CD. A 200 or 3... read more
Looking For HM Bradley Members Willing To Give A Referral So I Can Join
HM Bradley recently stopped opening new accounts unless you get a referral from a current member. I'm told the member signs into their account and there is a place to make the refe... read more
Alliant Eliminates Overdraft Fees
Alliant has eliminated overdraft fees, effective today. Until their systems are reprogrammed, they will automatically refund Courtesy Pay or NSF fees within 1-2 business days.
Fro... read more
Consolidate Multiple Iras At Different Fis After The Cds Mature, Or Not?
I have IRA CDs at multiple various CUs that will be maturing in the coming 1-3 years. (I think I have IRA CDs at 4 different CUs). One of the CUs is Navy (which allows you to Add O... read more
Porte 3% Savings Account On Balances <$15K
This should probably go in the Bank Promotions forum, but I can't put it there since Porte and MetaBank aren't in the DA database. Porte is a fintech. Deposits are held by MetaBank... read more
CITI Bank Bonus Delay
Had to contact CITI when I didn't get my $400 bonus for opening a checking and bonus account. Used the chat feature and I was told I had to wait 5 days for an answer. I called afte... read more
A Well Balanced Article On The Differential Impact Of Republican Vs Democratic Administrations Upon The Economy
This is an exceptionally well balanced article from "The Balance" website which has been rated one of the least biased websites overall. The article is especially helpful as it add... read more
No News Is... ALLY 3M CD
The noose tightens: Ally lowered the APY on its' 3m CD (from .20%) to .15% today; all other (Savings, CD) rates remained unchanged.... read more
Ratings Update
Both Ken and Bauer have updated their ratings for credit unions and for banks, too. You can now see the fresh Q1 2021 data in both instances.
Weiss Research continues to publish o... read more
USALLIANCE Financial Arbitration Clause
Arbitration clause dated May 27, 2021
Effective Date. This Arbitration Agreement is effective upon the 31st day after we provide it to you (“Effective Date”), unless you opt-out w... read more
Ally Stops Overdraft Fees For Good
Just got an email from Ally:
we're saying 'so long' to overdraft fees.
Doing right by you has always been our top priority, even when it means challenging the status quo. That’... read more
Southern Bank Drops Kasasa
https://bankwithsouthern.com/
Per a note on statement, Southern Bank (Missouri, Arkansas, Illinois) has renamed their Kasasa Cash account to Southern Cash. Quote:
"Your Kasasa Cas... read more
Mountain America Credit Union Lowers Savings Account Minimum
from https://www.macu.com/lp/misc/reduced-minimum-balance
Membership Account Minimum Lowered to $1
On May 1, 2021, Mountain America decreased the minimum balance requirement on pr... read more
PSECU -- Forced Arbitration Or Must OPT OUT In Writing By June 28, 2021
PSECU is forcing everyone who doesn't opt-out in WRITING by June 28, 2021 into Arbitration. Received an email with a link to the new changes and the instructions to Out-Out. If you... read more
What Have You Learned? (Pandemic Forged Savings Strategies)
While the pandemic has had a significantly negative impact upon savers; it has also provided an opportunity for savers to rethink their approach and to develop savings strategies t... read more
Citi Bank Citi Priority $700 Bonus Analysis
Citi is currently offering a $700 bonus when you deposit $50k for 60-days (maintenance period). In reality the $50k needs to be on deposit for the 60-days, plus the 90-day bonus pa... read more
National Cooperative Bank Upgrades Their System, Adds ACH Capability
Following is the text of an email I received:
Two New Services Now Available for Your Online Banking Account
At NCB, we work hard to provide you with convenient tools to manage you... read more
Barclays Will Not Accept A Wire Transfer "At This Time"
I refinanced my house and tried to have the cash-out direct deposited to my savings account at Barclays. It was denied because hidden on a back page of their website it says that B... read more