Browsing Category
Banking Basics
31 posts
February 1, 2025
What is the FDIC?
Federal Deposit Insurance Corporation is an independent U.S. government agency that was created to protect the financial system…
February 1, 2025
Is paypal safe?
PayPal is one of the most popular tools for receiving and sending money online. Although it has been around…
January 30, 2025
Escrow accounts come in different types.
It’s frightening to think that buyers and sellers are often forced to work together on the basis of…
January 28, 2025
What Is Escrow?
DEFINITION A Escrow agreement is a financial arrangement in which a third-party controls the money and assets of two parties…
January 28, 2025
How to Use a Bank wire
A wire transfer is a great way to send money quickly and safely. It is a fairly simple process,…
January 28, 2025
What is a bank statement?
Your financial institution prepares a bank statement each month. A bank statement shows all the transactions and income related…
January 28, 2025
How to conduct an international wire transfer
The fastest way to transfer money from one bank directly to another is through wire transfers. It’s relatively easy…
January 25, 2025
How to Open a Banking Account and what you need.
You’ll have to select a bank, and then provide them with the necessary information. This includes your ID…
January 22, 2025
Co-op shared branching is another credit union perk.
You may already be aware that a Credit Union is a popular banking option for many because of its community…
January 22, 2025
How to convert percentages to decimals
Understanding and your finances is made easier by knowing how to convert decimals to percentages and vice versa. You need to…