Checking accounts aren't traditionally the accounts that provide the highest interest rates on your money, but the checking account from Lake Michigan Credit Union is breaking out of the mold. This high yield checking account is currently offering 4.00% APY on money deposited in the account.Background InformationWhen it comes to investing your money, you like to know who you are actually investing your money with. Lake Michigan Credit Union is the largest credit union in West Michigan. They … [Read more...]
Exposed: Famous Banks With The Worst Fees & How to Bank Fee-Free
Take a step into your metropolitan “downtown” district. Take notice of the largest buildings in that district. Whose names are on those buildings? Shocking that they usually are names of very large banking institutions! Interesting how banks who seem to have very large physical presences, have some of the highest fees for banking. Below is a chart of the 16 banks with the most U.S. deposits, and how much they made in fees on these deposit accounts during 2008. The right-most column is a … [Read more...]
Who Hijacked Customer Service At Your Bank?
Ahhhh, remember the days of when your time spent with a banking institution actually meant something? Days when if your account was say 20 or more years old with that bank, you would be treated as someone special just because of your loyalty? Those days are long gone! The Customer Is Always Right? Gone are the days where you could walk into a bank and dispute a charge and there would be no questions or doubt, and the bank teller would just take your word for it and correct the issue. Now, … [Read more...]
UFB Direct Airline Rewards Savings Account
One of the best ways to protect yourself financially is by opening a savings account. A savings account is a great way to set aside money for a rainy day fund along with the ability to earn money just by placing it in an account. High yield savings accounts will provide you with higher interest rates from a traditional savings account. The UFB Direct Airline Rewards Savings Account is one of the few savings accounts out there that is providing customers with a 1.30% APY. Not only do you have the … [Read more...]
ABCO Federal Credit Union High Yield Rewards Checking
In many cases finding a checking account that doesn’t charge a monthly fee can be difficult. The ABCO Federal Credit Union High Yield Rewards Checking account is one of the few accounts that does not charge a monthly fee for normal use. These checking accounts are designed to provide a larger APY for balances over $25,000. In order to acquire the advertised 2.52% APY you will need to meet the following stipulations: 1 direct deposit or direct debit post 10 debit card purchases 1 … [Read more...]
