With the average national interest rate on savings at .85%, individuals are wondering where they can find a higher yield savings account inorder to park their money. The truth is, you can find it on the web by looking for an internet bank that doesn't have a walk in premise. Once upon a time savers […]
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The Highest Yield Savings Accounts are Now Found on the Internet
Monday, July 26th, 2010 | Comments Off on The Highest Yield Savings Accounts are Now Found on the Internet
Savings Account FDIC Insurance Coverage Permanently Set at $250,000
Thursday, July 22nd, 2010 | Comments Off on Savings Account FDIC Insurance Coverage Permanently Set at $250,000
Today the FDIC announced that the deposit insurance maximum amount is now permanently increased to $250,000. This deposit insurance change will also apply to credit unions. The FDIC, in its press release, states: On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, which, in part, permanently raises […]
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