Miscellaneous
Latest Discussions
New Calif Law: State-Chartered Banks/Credit Unions Can No Longer Charge Immediate Overdraft Fees
New CA law starting Jan 1 2025:
All state-chartered (not federal) credit unions and banks in Calif can no longer charge overdraft fees where it's declined immediately due to insuff... read more
No Buying Ibonds With Tax Refunds
Fyi- I read that it is no longer allowed to buy ibonds with tax refunds.... read more
Always Keep A Record Of Bank / CU CSR Conversations.
Whenever you call a CU or Bank and request something "major" (ie, opening a CD) or ask about their policy on something that isn't clearly spelled out somewhere, keep a record of: t... read more
Employee Retention Tax Credit
https://www.nytimes.com/2024/12/24/business/billy-long-irs-tax-credit.html]
Congress created the employee retention tax credit to support businesses and nonprofits that continued p... read more
CFPB Is Suing Operator Of Zelle, Chase, BOA And Wells Fargo
for failing to protect consumers from widespread fraud on the most widely available peer to peer payment network.
Customers have lost more than $870 million since the launch of Ze... read more
Bask Savings Drop
Bask drops rate to 4.50 effective December 20, 2024... read more
For Those That Live In Certain Areas Of Oregon
Embold credit union is paying a good rate
for a 5 year CD witn 4.76.%... read more
CFPB Takes Action On Bait-And-Switch Credit Card Rewards Tactics
In a circular to other law enforcement agencies, the CFPB warned that some credit card companies operating rewards programs may be breaking the law, including by illegally devaluin... read more
VUSXX (Vanguard Treasury Money Market Fund) Portfolio Composition During 2024
During 2023, VUSXX (Vanguard Treasury Money Market Fund) held a substantial amount of repurchase agreements within its portfolio and consequently reported only 80.06% of its ordina... read more
Best Savings Accounts Of December 2024 – Up To 4.75%
Very well written and helpful for new to Blog readers
I myself have been using 11m 4%+ NPCD to preserve rates for savings accounts as you can usually open many NPCD and not get sm... read more
Highest Brokered CD Rates As Of 12/12/2024
As of 11:40 am ET 12/12/2024, here are the highest rates from this week at either Charles Schwab brokerage and/or Vanguard brokerage for non-callable, new-issue brokered CDs with t... read more
Vanguard Announces Two New Treasury Bill ETFs
Vanguard announces plans to launch two new short-term Treasury index ETFs (VGUS & VBIL) in the first quarter of 2025. VGUS and VBIL are both expected to launch with an expense ... read more
Fintech Marygold & Co. 6% APY CMA Account
Fintech Marygold & Co. paid Yahoo to post an article regarding Marygold just launching a 6% APY Cash management account:
https://finance.yahoo.com/personal-finance/marygold-and-co... read more
Capital Gains on Government Bonds
Can I get a quick confirmation? I'm not looking for legal advice just a confirmation that my thinking is accurate.
Hypothetically, if someone is purchasing 250k 2 year gov. bonds ... read more
Highest Brokered CD Rates As Of 12/04/2024
As of 11am ET 12/04/2024, here are the highest rates from this week at either Charles Schwab brokerage and/or Vanguard brokerage for non-callable, new-issue brokered CDs with terms... read more
Wish The Blog Was Not Just About Banks.
It is usually the credit unions that have more benefits
that some individual have over other credit unions and
most banks and usually pay higher interest.
Many credit unions have... read more
Raisin Bonus Offer
From now until 12/1/24, we’re offering the chance to earn $10 for every $10,000¹ you deposit into a high-yield CD with 6-11 month terms AND earn $25 for every $10,00... read more
Moving Part Of A Large Roth From One Credit Union To Another One.
Today I transferred part of a Roth to another credit union. I wanted to do a wire because it would be faster. There were special forms that the receiving credit union needed that I... read more
Highest Brokered CD Rates As Of 11/27/2024
As of 10am ET 11/27/2024, here are the highest rates from this week at either Charles Schwab brokerage and/or Vanguard brokerage for non-callable, new-issue brokered CDs with terms... read more
Global Federal Credit Union.- IRA CDs 5% A PY - 5 States +
People who live, work, worship, or attend school in Alaska, Washington, California's San Bernardino County, Arizona's Maricopa County, and Idaho's Kootenai County can join Global. ... read more