Q&A: Steps to take when one owner of a joint bank account dies
What are the proper steps to take when you are a co-owner of a joint bank account and the other co-owner passes away? When you are the surviving owner of joint bank account – such as a savings account...
View ArticleGoodbye free checking accounts?
A recent report from Javelin Strategy & Research took an in-depth look at how the Durbin Amendment – which will go live in October 2011 – will affect the banking industry. Javelin is forecasting...
View ArticleSurvey: Majority of consumers pay zero bank fees per month
Despite the fact that many banks are raising fees in response to more stringent regulation, more than two-thirds of bank customers avoid all bank fees on a monthly basis, according a recent survey from...
View ArticleQ&A: Tips to avoid checking account fees
How can I avoid new checking account fees that seem to have appeared alongside the new bankregulations? Since the recent banking reform legislation, dreaded checking account fees are making a...
View ArticleQ&A: How to protect your checking account
A family member of mine recently had his bank information compromised. How can I avoid a similar fate? Identity theft is always a concern, and with technological advances, thieves are getting smarter...
View ArticleIt’s “Bank Transfer Day”– Will big banks lose customers?
Mass exodus from big banks forthcoming? Bank account holders at big banks across the country may be taking their business to credit unions today as “Bank Transfer Day” is officially here, said Harris...
View ArticleUsage of mobile banking apps skyrockets
The number of Americans accessing banking information on mobile devices increased sharply from the fourth quarter (Q4) of 2010 through the second quarter (Q2) of 2011, said a recent report from...
View ArticleQ&A: Correcting EFT errors
I have signed up with a lot of automatic payment plans for my monthly bills. What can I do if there’s an error? Electronic funds transfers (or EFTs) are bank-to-bank, or institution-to-institution,...
View ArticleJavelin: Consumers expecting more from online banking
Current online banking offerings not enough Despite high consumer expectations about how helpful online banking can be, current solutions are not currently up to par, Javelin Strategy & Research...
View ArticleMobile banking popularity surges
Young adults drive popularity up The popularity of mobile banking has increased significantly since 2010, the American Bankers Association (ABA) said in a recent report. According to a recent survey...
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