President Obama wants to create the Consumer Financial Protection Agency. The purpose of the agency is to protect consumer credit and their banking transactions. Additionally, The Federal Reserve Bank will have the added responsibility of supervising large financial institutions and monitor risk within the financial system. Obama even wants to give the Consumer Protection Agency [...]
If you are like most people, saving money can be a bit challenging. Well how about splitting your direct deposit check amongst several bank accounts. The month of May is National Direct Deposit and Direct Payment Month. This is a great time to take advantage of the direct deposit option that many employers offer. [...]
There are several things to consider when selecting a bank account. There are also several perks that many banks now offer. Some of these include interest, free checking, student checking, and free gifts. But what should you consider when shopping for a new bank account? · Consider how much money you plan to deposit. [...]
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