Miscellaneous
Latest Discussions
NCUA Publication: Your Insured Funds
I believe the National Credit Union Administration publication "Your Insured Funds" is the best non-legal, non-technical guide to NCUA deposit insurance. I will provide a link at t... read more
Level Bank A Fin-Tech Offering Hybrid Checking/Savings Account With 2.10% APY No Activites Required & 1% Debit Cashback With DD
Not to be confused with Level One Bank.
https://levelbank.com/
https://levelbank.com/faq
checking/savings does not require any additional activities to earn stated APY
1% Cashba... read more
Answering Your Calls From Personal Home
If any one that’s a current cit customer be aware that there having there customer service reps answer your calls from home . What that means they have the same access they would h... read more
Tortoise Or Hare?
In a decidedly unfunny day, herewith a bit of humor.
I suspect many of us here at DA (given our obsession with CD ladders) might be considered investing tortoises. Those who inves... read more
General Warning About Money Market Funds (Non-Bank)
Think that brokerage money market fund is golden?
At the risk of sounding alarmist, might I remind everyone of the risks inherent in presumed risk free investments. Money market f... read more
Why The Fed Rate Cut Will Inflate The Stock Bubble – And Cause It To Pop
Good and interesting point in this article, noting that a Fed rate cut cannot improve the economy when the problem is a disease.
A Fed rate cut is not going to do anything to eli... read more
Weiss Research Downgrades GTE
It is noteworthy that while Ken has maintained GTE Financial's safety rating at "B+", Weiss Research has just downgraded that same financial institution to a rating of "C".... read more
PSA: Changes To FDIC Insurance Coverage Rules Involving Beneficiaries
Today I received a communication from Ally bank detailing upcoming changes relating to FDIC requirements requiring banks to 'uniquely identify' beneficiaries on accounts to expedit... read more
Nasa FCU Systems Error Has Improperly Charged A Fee To Checking Accounts
Today I discovered that Nasa FCU charged an improper monthly fee to my checking account yesterday, Jan. 31. In calling in, CSR explained a systems error had done that to many accou... read more
It's Leap Year
Well, friends and neighbors, it's a leap year this year. You might notice a bit shorter interest credit on your CDs in January, as your financial institution may calculate daily in... read more
Ft. Knox FCU Has Changed Its Name To Abound CU
As of today, Ft. Knox Federal Credit Union has changed its name to Abound Credit Union.
https://www.fortknoxfcu.org/brand-video.html
So, if you wanted to stay away from Ft. Knox... read more
Navigation
I can't toggle between CD terms anymore.... read more
Mountain America CU
Logging on today I found my Saving to Cd transfer history missing.
CSR said Site update may be cause.
I had other problem unrelated to this but ...worth a check for your accounts??... read more
Bank Notary Services - - BEST Not To Use Bank Of America
I think we all know that most all banks will no longer provide Notary Services for WILLS.
I have found that Bank of America is increasingly narrowing what they will (or more impor... read more
Investment Advisors
I do all of my own investing, and much of it is in fixed income. I love the resources within this site.
At some point, I will need to look for an investment advisor. Most of those... read more
Time To Re-Balance?
With the New Year, and the major run-up in equities last year, it may be time for folks with "balanced" portfolios (i.e., stocks and fixed-income) to re-visit their asset allocatio... read more
Navy Federal Credit Union.
Sent my Roth IRA conversion from credit union to credit union by standard mail on Tuesday and saved the $25 they charged to do that. Navy Credit union has already put the check int... read more
Merry Christmas To Ken, His Team And All The Deposit Accounts Readers
Hope each and every one of you have a wonderful time with family and friends.... read more
Shared Branch (Coop Network)
I followed the lead from another member who posted about doing a TRANSFER via shared branch. Turns out to be a perfect option in my case.
Previously, I had only done deposits. I n... read more
Thank You - Navyarmy FCU
Just got notice of a 9% BONUS DIVIDEND ..... not guaranteed, but sure beats getting a XMAS card.
It is based on 9% add-on to all the dividends paid in 2019 ( interest dividends *.... read more