Interest Checking Archives

By Jim CramerEven though we’re in the eye of the hurricane, these days I’m an optimist. Read more»
BofA Officially Biggest Bank in U.S.
By: BankingMyWay.com Staff
By Lauren Tara LaCapra, TheStreet.comBank of America's acquisition of Merrill Lynch secured its position as the biggest bank in the country, according to a report issued late Wednesday. Read more»
By Martin CrutsingerAP Economics WriterWASHINGTON (AP) — The Treasury Department has provided $284.7 million to 22 banks in the latest payments from the government's $700 billion financial rescue fund. Read more»
Government, Citigroup Strike a Deal
By: BankingMyWay.com Staff
By Stephen Bernard AP Business Writer The U.S. government will exchange up to $25 billion in emergency bailout money it provided Citigroup Inc. for as much as a 36 percent equity stake in the struggling bank. Read more»
Citi Customers Angry About Gov't Plans
By: BankingMyWay.com Staff
By Erin Conroy and Sara Lepro AP Business Writers The sight of a Citibank logo makes Rumi Turkel cringe. She's seen her banking fees climb, and found out Tuesday that interest rates on her savings accounts have fallen again. That's not to mention the substantial amount of money she says her family has lost from owning stock in the bank's parent company, Citigroup Inc. Read more»
Debit v. Credit: What You Need to Know
By: BankingMyWay.com Staff
By Farnoosh Torabi, MainStreet"Credit or debit?" asks the cashier.  There should be a reason behind your answer, depending on your money situation. Read more»
By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke on Wednesday again spurned speculation that the government may nationalize Citigroup or other big banks. Read more»
By MainStreet.com Staff Writers Some people put more thought into the design on their checks than choosing a checking account. Yes, having Hello Kitty on your hot pink rent check rocks, but your checking account should be about more than color coordination. It should be about saving your green. Read more»
By BEN FELLER Associated Press Writer WASHINGTON (AP) — The White House on Friday insisted it's not trying to take over two ailing financial institutions, even as stocks tumbled again. Read more»
Regulators Pledge to Shore up Banks
By: BankingMyWay.com Staff
By JEANNINE AVERSA AP Economics WriterWASHINGTON (AP) — Federal regulators said Monday they will launch a revamped program to shore up the nation's troubled banks that includes the option of increasing government ownership in financial institutions.   Read more»
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