Bank Accounts Are Changing

Bank Accounts Are Changing

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As banks adjust to new rules limiting fees they can charge for some services, they may raise other costs to compensate. Review basic strategies for keeping checking and savings costs down. Also, what happens if your bank fails; $250, 000 FDIC coverage is now permanent.TIPS FOR YOUNG ADULTS FDIC Consumer News Published by the Federal Deposit Insurance Corporation Sheila C. Bair, ... at least be sure to pay the minimum due, consistently and on time, to avoid late fees and a bad mark on your credit record. And if you cannot qualify for a regular credit card, you may consider a no- or low-fee secured credit card, for which you would keep cash in a deposit accountanbsp;...

Title:Bank Accounts Are Changing
Author:Federal Deposit Insurance Corporation
Publisher:GPO FCIC - 2010-01-01


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