Is My Money Safe in a Bank Account?

Is My Money Safe in a Bank Account?

Keeping money in a bank account is safe because most accounts are insured for up to $250,000 by the federal government. Benefits of using a bank account: You have more protection against fraud and accidental charges. Direct deposit into your account means money you...
What is Bill Pay?

What is Bill Pay?

Bill pay is an online feature some banks have that allows you to pay bills online, right from your bank account. Some Benefits of Bill Pay: Bill pay is usually free to use when you have a checking account. It helps you avoid late fees by keeping track of your bills...
What is a Savings Account?

What is a Savings Account?

A savings account is a type of bank account that you use to store money that you don’t need on a daily basis. Things You Should Know About Savings Accounts: You can earn interest on the money in your account. There is usually a limit to how often you can take...
What is a Personal Checking Account?

What is a Personal Checking Account?

A personal checking account is a type of bank account that you use for everyday spending. It usually comes with a debit card and personal checks to help you manage what you spend. Some Benefits of Having a Personal Checking Account: Your employer can pay you directly...