Category: Banking
How Your Banking Choices Can Impact the Environment
Banks can significantly influence the environment, either positively or negatively, depending on the projects and companies they choose to support. If a bank funds projects that damage ecosystems or boost fossil fuel production, it harms the environment. Conversely, investing in sustainable, eco-friendly initiatives can lead to positive environmental outcomes. Forbright Bank is one such institution…
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Confessions of a Bank Teller: 7 Compelling Reasons to Avoid Depositing Over $10K in One Go
Handling money and deciding where to store it can be tricky. To clear things up, we spoke with bank teller Rachael P., who has a lot of experience with how people deal with their money, especially when depositing it at a bank. She advises against depositing more than $10,000 in one go. Instead, she suggests…
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Maximizing Your Chime SpotMe: A Guide to Overdrawing up to $200
Nobody likes paying bank fees or losing hard-earned money to unexpected charges. Even though technology makes it easier to manage our finances, our cash flow can still vary, leading to overdrafts. In 2022, American consumers paid over $7.7 billion in overdraft and insufficient fund fees, with banks reporting $11-12 billion in revenue from these charges.…
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Top 10 Spots to Purchase a Money Order
Many companies don’t accept personal checks, so sometimes you might need to use a money order to make payments, pay bills, or send money. Knowing where to get a money order can help you choose the best option. Here are some of the best places to get a money order, considering their costs, limits, and…
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A Bank Teller’s Advice: 3 Scenarios to Avoid Requesting $50 Bills
In banking, some currency denominations are more popular than others. Most people are familiar with $1, $5, $10, and $20 bills, but the $50 bill often gets overlooked. However, in 2022, the U.S. government printed a record 756 million $50 bills. This surge was due to Americans hoarding larger denominations during the COVID-19 pandemic, despite…
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Maximize Your Earnings with High Yield Savings or Checking Accounts
The personal banking sector is highly competitive. Most people don’t change banks frequently, so attracting new customers often requires offering an appealing sign-up bonus or a highly competitive interest rate. Recently, some banks have offered interesting bonuses to new customers, but there’s usually a catch. MarketWatch reports that the catch often involves a requirement to…
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Special Deals, Exclusive Offers, and Exciting Promotions from Chime for July 2024
Chime® is a financial technology company that offers an alternative to traditional banks through its online financial app. It provides a straightforward checking account with no monthly fees and a single savings account. Chime is well-known for its fast direct deposits, allowing you to receive your paycheck up to two days earlier than with other…
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Essential SWIFT Codes for Wells Fargo in the United States
If you need to send an international wire transfer to a Wells Fargo account, you’ll need the Wells Fargo Bank SWIFT code. As a Wells Fargo customer, you may be asked to confirm your SWIFT code by the sender. Here’s a rundown of the bank’s SWIFT codes and tips on finding and using them. ###…
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Find Your City National Bank Routing Number Here
When was the last time you wrote and mailed an actual check? A month ago? A year ago? Never? Nowadays, electronic payments are the standard and they’re much easier. You just set up a recurring transaction with your banking information, and payments are made automatically without any further thought. All you need is your checking…
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What Are the Typical Savings for a Baby Boomer?
Baby boomers are known as the wealthiest generation ever. They benefited from the economic boom after World War II, buying homes and landing high-paying jobs without the burden of student loan debt. This set them up for a prosperous life and the ability to pass on wealth to future generations. But does this wealth show…
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