Miscellaneous
Latest Discussions
Mountain America (MACU) Changes Account Names, Reduces EWP
Name Changes
To better align with industry standards, we are changing the name from term deposit to certificate account. Here’s a breakdown of the updated account names:
OLD NAME... read more
Penalty Free Cds Listed As Another Slot On Dropdown Under Cds.
I'd like to propose a slight organizational change where penalty free CDs get a slot on the dropdown at the bottom. The same places that offer good traditional CDs often have penal... read more
Hard To Find Info About Banks
I have been searching CD and savings info on banks and credit unions. Unfortunately, it has been very frustrating because few of the sites that list various options provide all or ... read more
Wells Fargo Horror Story
While getting my hair cut this past weekend, the owner of the salon tells me an incredible story about her business checking account with Wells Fargo 8 years ago.
The new busines... read more
YOUR CALL IS IMPORTANT TO US ....
I thought about this when giving advice on NEW account openings.
It really is NOT worth it to jump on a special if you cannot get to customer service. I just closed an account I h... read more
Bond Fund Score: Me1004 1, Bozo 0.
Well, friends and neighbors I finally threw in the towel. After a long and losing battle, I cashed out 3/4 of my Vanguard bond fund (VBTLX) to satisfy the remainder of my 2018 RMD.... read more
Alliant CU Issues Warning About Scam Involving Its Visa Debit Card
I just got a notice from Alliant CU warning about a scam involving its Visa debit card, a scam that sounds quite convincing as the incoming phone call from the scammers will even a... read more
Is Ken Tumin The Jack Bogle Of Deposit Accounts?
With Jack Bogle's passing last week, many articles have been written highlighting his revolutionary approach to investing for the common man: the index fund.
Query: Will Ken Tumin... read more
Will Your IRA CD RMD Be Subject To An EWP?
As I turn 70 1/2 this year, the question is of more than academic interest to me. For those DA readers at or nearing RMD territory, it's an issue which might be worthy of inquiry.
... read more
The Importance Of Asking Questions Of The Bank Or Credit Union.
Inova Credit Union has zero days when a CD matures. It also does not show on their account page the
beneficiaries. It also does not allow you to see or change where you chose that... read more
Bloomberg Business Week On Volatility
This week's Bloomberg Business Week has a short, but good, article on how to stay cool when the market is volatile. In the print edition, it starts at page 25 with a cute photo of ... read more
Beware Of Cash!
I was raised with the advice "if you can't pay cash for it, don't buy it", so I've never used credit cards. I was just denied opening an online savings account with Northfield Bank... read more
Is A 4% Inflation-Adjusted Withdrawal Prudent In Retirement?
Volumes have been written on saving for retirement, but less attention is given to spending in retirement. For years, the "4% rule" held sway. Others noted one should save 25X expe... read more
Talk About Tone Deaf. Heads Of NCUA Dine In Luxury On Our Dimes
Though there are many fine Credit Unions that serve their members well, it seems that living in luxury off someone else's money isn't just restricted to the big banks. Have a look ... read more
ACH Speed List
Hi all,
I'd love to get a community curated list of ACH Transfers as they actually are in the wild so we know how many days of lost interest to expect. I was thinking of putting i... read more
Penfed ACH Policy
Thank you for contacting PenFed.
The $5,000 transfer limit for new members is only for incoming transfers. You
may transfer the entirety of your certificate funds out.
Brad Brad... read more
Joining A Local-Only Credit Union When Out Of Local Area
A local-only credit union was offering a good rate on deposits, but I reside out of their local area. They did allow memberships for people who "worship" at a local church. So I ma... read more
Robinhood.Com To Offer 3% Checking & Savings
Just read that commission free trading platform, Robinhood, will launch a new app today allowing users to setup checking and savings accounts with them that will offer 3% interest ... read more
This May Not Be The Place To Post This But I Want My Deposit Account Friends To Stay Alive And Well
Fewer than 4 out of 10 adults in the United States got flu shots last winter, the lowest rate in seven seasons and one likely reason why the 2017-18 season was the deadliest in dec... read more
How To Play Preferred Stock As Yields Rise -- Barrons.Com
If you are searching for yield, you should now be looking at preferred stock.
Yields on many preferred issues have risen a half-percentage point or more in the past month, as inves... read more