Miscellaneous
Latest Discussions
For Those With Add-On CD's---
If you have a limit for your add-on CD, I just found out that the contributions that you have made counts and it does not include the interest you have earned.
I have just called ... read more
Service CU Of New Hampshire Is Imposing Mandatory Arbitration
Service Credit Union, in Portsmouth, NH, has notifed of a change in terms to impose a mandatory arbitration clause barring lawsuits in court or class action lawsuits. I was notifie... read more
Simple Rules For Good Conversations On This Website
Having led groups in various fields for nearly 40 years, I am concerned about many of the conversations on this website that devolve into shaming and personal attacks. Also, questi... read more
Q2 2021 Ratings - Releases Have Begun
In an unexpected turn of events, Bauer has already released their Q2 2021 star ratings for banks. Ken is most often first with this release, and likely his bank ratings will appear... read more
The IRS Will Be Paying 3% APY On Late Tax Refunds
Article: https://www.fatherly.com/news/irs-delays-tax-refunds-2021-returns/
I tried to post this under "Financial news" but it wouldn't post so I put it here.
Well since I always ... read more
NRL Rebranding To Spectra Oct 12, 2021
No mergers, just a name change
https://nrlfcu.org/announcement/... read more
Abandonment Of National Debt: Three Questions For Reflection
Both major parties have abandoned the addressing of the national debt, which is approaching 29 trillion dollars. Some worry that excessive government debt levels can impact economi... read more
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
There Are Still A Few Good 0% NO FEE Balance Transfers Available
I have been on the hunt for some 0% no fee balance transfers again since I have a few coming due in a couple of months so I figured I would share the results for any other deal hun... 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
Alliant Gets Rid Of Annoying "Regulation D" (6 Per Month) Rule?
I didn't hear anything official, but it seems that perhaps Alliant has finally gotten rid of their "Regulation D" rule (where you can only do 6 withdrawals per month electronically... 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
DCU Still At 6.17% On $1,000
Since rates are so low I thought I would mention this account. You can have one account per SS# and this includes minors so this makes one of the best children's savings accounts o... read more
Ally "financial literacy" quiz/self-test?
Ally offers this self-test to assess your "financial fitness"; debatable.
https://www.ally.com/do-it-right/money/the-financial-literacy-games/... read more
Fed And Liquid Account Summaries Postponed Until July 20Th
I was feeling under the weather today. Consequently, I’ll have to postpone my Tuesday summaries until next Tuesday, July 20th.... read more
Note Of Appreciation To Ken
As this long Independence Day weekend concludes, I'd like to express appreciation to Ken for the Deposit Accounts site. By providing us with timely and relevant information and mea... 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