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Chase To Add 90 Bank Branches in California in 2010

Bank Insider: LOS ANGELES, (BUSINESS WIRE) -- Chase announced today that it will continue its investment in California by opening about 90 new branches and adding more than 1,200 new jobs to better serve California bank customers in 2010. The new branches will extend Chase's network to more than 800 bank branches and almost 3,000 ATMs across California. Chase will open more than 35 new branches in Northern California and almost 50 new branches in Southern California. This breaks out to more than 10 branches in Sacramento, San Francisco, Los Angeles and San Diego counties while adding a significant n...

BanksGuru on April 29, 2010 0

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Indexed CDs: More To Gain, Less To Lose

CDs & Investments: With interest rates on traditional CDs so low, why not take a chance on an indexed CD? By taking a chance, we don’t mean taking a chance with your principal. That’s still FDIC insured. We mean take a chance on how much you might — or might not — earn. The return on indexed or market-linked CDs isn’t fixed as it is with traditional CDs. It’s tied to a stock market index like the S&P 500, although it can also be dependent on everything from commodity prices to Treasury bill rates. If the index is higher on the maturity date than on the purchase date, you make mo...

BanksGuru on April 28, 2010 0

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New Bank of America Mortgage Refinance Programs

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Bank Insider: Bank of America has new mortgage refinancing options available thanks to President Obamas stimulus plan. This plan is designed to help struggling homeowners get a better mortgage, save money, save their home from being lost, or all of the above. Bank of America is one of the only mortgage lenders or banks who can offer this plan to homeowners. Here are some things you should know. Bank of America has a proven track record and is one of the largest, most well known, and used, banks in the mortgage industry. They are one of only a select few who can offer the stimulus plan options to homeowners...

Bank Expert on January 18, 2010 0

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Choosing a Bank for Your Business

Best Bank: Banks come in many shapes and sizes - services and specialties. As in any professional relationship, the success of an association first requires thoughtful inquiry and research. Banks can provide business owners with a level of support and guidance but the connection must be a good fit from the start. For example, one makes careful choices about physicians, real estate agents or lawyers. That same attention should be paid when seeking out a bank to handle your business needs. Prior to selecting a banker, it's important to evaluate the goals and objectives of the financial relationship. An en...

Bank Expert on December 25, 2009 0

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Offshore Bank Account Tips & Issues

Best Bank: Are you looking for a personal offshore bank account. Maybe you are looking for a corporate offshore bank account. Generally speaking, any bank account opened outside of one's native country can be considered an offshore bank account. The appeal of an offshore bank account is much more apparent during tax time, when assets and income must be reported to the IRS or other government revenue agencies abroad. This is why some companies and wealthier individuals prefer to open an offshore bank account in small sovereign states which allow account holders to remain virtually anonymous. For many year...

Bank Expert on December 25, 2009 0

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Bank Business Loan

Bank Insider: It is a fact that at one point in time or another nearly all entrepreneurs need a bank business loan, either to start up the enterprise, expend it, or to bridge difficult times when the consumer turns fickle. Of the many lenders and types of loans available, a bank business loan will probably be the best bet for starting the venture. A bank business loan is often the best way to establish and maintain your venture's credit rating, if it is fastidiously repaid. But, if you are experiencing financial problems, is a bank business loan a good idea to use to get current on the debts? Just what is ...

Bank Expert on December 25, 2009 0

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US Bank Account - Required to Make Money Online?

Best Bank: We all have Bank accounts in our respective home countries or residences. No problem with that - it is easy to get. We need this to run our lives, do our day to day activities off-line and so on. It is no big deal or a problem. So it is until I got online to make money two years ago. When you get online and try to make money, then you realize that the rule of the game will change for you. Suddenly you will realize that you need a US Bank account with a Bank over there in the US. Why? Because 80%-90% of the Internet businesses is controlled by people in US / Canada. That is the way it is for n...

Bank Expert on December 21, 2009 0

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Disadvantages of Internet Banking

Best Bank: The emergence of Internet has opened a wide variety of avenues and information to the common man, which he can access from the comfortable home setting. Along with the facilities like shopping, booking tickets, etc, Internet has also become a mode for banking. Internet banking was introduced in the early 80s and from that time it has been introduced, many people have started availing to its facilities. Now, one does not have to wait in long queues at the bank nor to pay bills at some shopping center or boutique. Internet banking gives a person facilities to view account statements, make money ...

Bank Expert on December 21, 2009 0

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Advantages of Internet Banking

Bank Insider: Internet banking or banking via the Internet, can be considered a remarkable development in the banking sector. The ability to carry out banking transactions through the Internet has empowered customers to execute their financial transactions within the comfort of their homes. Besides this, the benefits of Internet banking is not limited to a particular group of people, as it benefits both bankers and customers alike. Let's have a look at some of the important advantages of Internet banking. Advantages of Internet Banking The greatest advantage of Internet banking perhaps li...

Bank Expert on December 19, 2009 0

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Seven Tips for Balancing Your Bank Account

Checking & Savings: Many of us open our first checking account by age 20. But just because we've had one for years, that doesn't mean that we manage it properly. Sure, more than half (almost 57 percent) of us regularly balance our checkbooks, but that still leaves 43 percent of us who charged for insufficient funds or a too-low account balance when we lose track of how much money we have. But it's not hard to get a handle on your account. These seven simple steps can help you keep your checking account under control: 1. Keep good records. The more informed you are about your checking account, ...

Bank Expert on December 10, 2009 0

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Save Money on Credit, Debt, and Banking

Money Saver: Balancing credit cards, student loans, checking and savings accounts can be quite daunting. Make sure you aren't paying more than you should -- and that you're getting all the benefits you deserve -- with these 12 tips Unload Your Burden Carrying a $1,000 balance at 18% blows $180 every year on interest. That's money you could put to better use elsewhere. Get in the habit of paying off your balance in full each month. If you've already racked up a large balance, do what you can to pay it off. This may sound obvious, but it is the best way to save money on those hefty inte...

Bank Expert on December 8, 2009 0

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Six Tips for Overdraft-Proofing Your Account

Checking & Savings: Many banks and credit unions routinely allow debit and check transactions to go through even if there isn't enough money in the user's account. Then they slam their customers with overdraft fees, usually without a warning, at the time of purchase, claiming this "service" protects people from bounced checks and declined transactions. If you have been on the receiving end of this practice, you know that a single $5 transaction can trigger a $30 to $35 overdraft fee, while a series of overdraft purchases in a single day can rack up hundreds of dollars in fees. The people most at risk are consume...

Bank Expert on December 8, 2009 0

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Six Money Dilemmas

Money Saver: As you invest your money, shop for a home or tackle any one of the many financial decisions you have to make over your lifetime, do you sometimes wish you'd paid more attention in math class? Do you find yourself having to "run the numbers" and wondering how? To help, we've taken six common financial quandaries and done the math for you. As you'll see, the solution isn't always black and white, and the "right" answer may depend on things that you can never know for sure, like your tax bracket in 2020 or how much your investments will grow. Plus, at times emotional considerations may tip the ...

Bank Expert on December 7, 2009 0

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What to Do With $1,000 Now

CDs & Investments: 1. Top off your emergency fund Given today's shaky job picture, you need fully six months' worth of expenses set aside in a liquid account that you can raid if calamity strikes. Fall short? Adding to that stash is a no-brainer. Because yields on many of the typical cash options look rotten -- six-month CDs are kicking off an average 0.62%, and money-market funds are hovering around 0.05% - your best bet is a high-yield online savings account. 2. Spend five hours with a financial planner If you're like most investors, your portfolio has been through the wrin...

Bank Expert on December 4, 2009 0

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How to Earn 6 Percent on Your Cash

Money Saver: At a time when consumers can barely squeeze out a 2 percent yield on their savings, offers to earn 5 percent or 6 percent -- on a checking account, no less -- may sound downright sketchy. Yet, those rates are being offered now on checking accounts at a growing number of community banks and credit unions. These so-called "rewards" accounts were once offered by a scattered few banks, but they are becoming increasingly common, says Randy Rosen, manager of deposit research at Informa Research Services, a market research firm that has tracked bank deposit rates since 1983. There are few factors dr...

Bank Expert on December 4, 2009 0

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The Future of Offshore Banking, Corporations and Foundations

CDs & Investments: First it needs to be stated that no one has a crystal ball which predicts the future. These thoughts are just opinions and should be taken as such not as legal or tax advice. We will try to show the political positions of the countries that are not in favor of the tax haven offshore jurisdictions and the position of the tax haven countries. The countries most outspoken against offshore banking and offshore corporations are Australia, UK and USA. Today there is a great outcry from these and other countries about the tax saving benefits afforded to citizens of certain countries by going offshor...

Bank Expert on December 1, 2009 0

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The Advantages of International Internet Banking

Best Bank: The process of Internet banking is much similar to conventional banking. The major difference is that online bank is more convenient and processes take place by means of your computer and an Internet connection. Account and details is accessed, payments are made, and statements are reconciled online. Internet banks have been competent in giving consumers more agreeable interest rates on savings accounts and credit cards, too Internet Banking versus Conventional Banking The many days of waiting in line at banks to settle bills and transfer money are now a faint memory to bill...

Bank Expert on November 30, 2009 0

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If your bank fails, will you be ready?

Bank Insider: If you've heard about all the bank failures -- 122 this year -- you've got to be wondering about the safety of your money. Five banks failed Nov. 6. The largest was San Francisco's United Commercial Bank, the main operating subsidiary of UCBH Holdings, which received $299 million in government help through the Troubled Asset Relief Program last year. Looks like taxpayers won't be getting that money repaid. It really does make you wonder about protecting your money. Here's what you should know: Know what's protected Money parked in bank accounts is usually protected by the ...

Bank Expert on November 27, 2009 0

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How to Get Your Bank to Pay You

Bank Insider: It seems like these days, everything you hear about banks involves their greed and mistakes. In these difficult economic times, every penny counts. Everyone could use a few extra dollars in their pockets. Believe it or not, your bank can be a source of additional cash. There are a few different ways to “get your bank to pay you.” Some of the most popular methods for saving money at the bank are detailed below. For maximum savings, employ more than one of the recommended strategies. Sign-up Bonuses and Bank Incentives The absolute best time to get paid by your bank ...

Bank Expert on November 25, 2009 0

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How to Invest in Offshore Money Market Accounts

Checking & Savings: There are many reasons to invest in offshore money market accounts. Most of these accounts are completely legal. While the term "Swiss bank account" often conjures images of exotic dealings and criminal masterminds, there are plenty of reasons why you may want to open an offshore bank account that are well within the confines of the law. Some reasons people make this decision include tax purposes and liability issues. Instructions Step 1 Consider why you are opening an offshore bank account. There are good reasons, and there are bad reasons to open an offsho...

Bank Expert on November 23, 2009 0

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