Over the past decade, many banks have added a feature to their websites allowing customers to transfer money to and from accounts at other banks. This feature, called Online ACH Transfers, is especially prevalent among online banks with no branches, and in some cases is the only way to get money in and out of a savings account.
Although it’s not generally advertised, many banks set limits on the amount of money that can be withdrawn on a daily ...
The FDIC released updated financial information for all banks it insures last week, and the results are worse than even last quarter. Most notably, overdue loans have reached an all time high – 4.35% of all loans are overdue which means about $320 billion in borrowed money has stopped being paid back.
Obviously some banks are in more trouble than others. For instance, Corus Bank (one of the top 100 largest banks in the U.S. by deposit size) reports ...
A few weeks ago, we wrote about how banks are beginning to let consumers deposit checks online with their scanners. As we mentioned in that article, USAA was the first of the banks to offer this service with their Deposit@Home technology.
Now USAA has recently announced that they’ve developed a follow-on service called Deposit@Mobile which allows customers to deposit checks using their iPhones. To use the service, customers download an application and use it to take a ...
Upset with the quality of customer service from the tellers at your bank? Perhaps these three short scenes from a few old movies will make you feel better. They show that even if you brought a gun with you to the bank, you wouldn’t necessarily get improved service.
Below are some bank robbery clips from three classic movies – the 80s flick Honky Tonk Freeway, Take the Money and Run (starring Woody Allen), and Seems Like Old Times (starring Chevy ...
Your credit score can be a mysterious number. Although there are obvious ways to improve your credit score - like paying bills on time - and obvious ways to hurt your credit score – like declaring bankruptcy – there are some activities that can affect your credit that are less obvious.
One of the most surprising of these activities is applying for a savings or checking account at certain banks. Some banks will run what is known as a "Hard Inquiry" or a "Hard ...
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