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Bankspecialist / Tip'd

Understanding Savings Accounts

If you’re a wise financial consumer, you have money in three places – your checking account to pay bills, your intermediate savings account for short[...] read more »
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What is a Mortgage?

Before punching numbers in a mortgage calculator and shopping mortgage rates to decide which mortgage may be right for you, understand what it is you[...] read more »
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Top 50 Minority Owned Banks

The FDIC has recently released a list of minority owned banks that are FDIC issued banks. There are 217 minority owned banks or deposit institutions[...] read more »
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General Tips Regarding Credit Cards

There are so many different options out there in terms of the credit cards that are available today. With the growing popularity of online shopping,[...] read more »
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Steps to Optimized Finances

If you are like most people, you have had to pay an overdraft fee or a late payment charge at some point in your life. It can be surprising how many[...] read more »
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Understanding Car Loans and Car Loan Rates

When you purchase a vehicle with a loan, a bank or other financial institution pays for most or the entire vehicle up front, and you agree to pay back the money over time. read more »
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Non-Traditional CDs – New Twists on an Old Standard

In today’s market and economy a certificate of deposit with a guaranteed, fixed interest rate, looks like a good safe haven. read more »
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Banks and FDIC Insurance

The FDIC’s primary job is to provide deposit insurance, which guarantees the safety of checking and savings deposits in member banks. read more »
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CD Rates Brokered CDs

A brokered CD is a CD that is sold through an intermediary, usually a brokerage firm, rather than directly by the bank or savings institution itself. Brokered CDs are issued by banks but are made available to the customers of the deposit broker. read more »
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When Refinancing Is Harmful

The first issue that comes up with a mortgage refinance that is more harmful than helpful is when it falls short of the break-even point. Refinancing mortgage costs money in the form of the closing costs, read more »
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Understanding Bank CD Rates

Before choosing any investment, including bank CDs, it is important to understand how the investment works and what the expected rate of return will be. The primary benefit of investing in any security type is the return on investment or income tha read more »
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FDIC on Bank Rate Restrictions for Floundering Banks

The FDIC has just made a press release entitled, FDIC to Tighten and Clarify Interest Rate Restrictions on Institutions That are Less Than Well-Capitalized. read more »
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Mortgage Affordability and Hidden Costs

There are several key figures to review when comparing the options of renting with that of being a homeowner. Most borrowers often utilize a mortgage calculator to determine the monthly payment and to calculate income and expenses. read more »
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Great CD Rates in the Great Basin at Great Basin Bank

The Great Basin is a large, arid region of the western United States. This basic topographic pattern that defines the region extends from eastern Ca[...] read more »
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Best One Year CD Rates

In today’s topsy turvy market, CDs add stability to an investment portfolio. As interest rates continue to drop, this may be the time to lock in the[...] read more »
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