Consumers often wonder about whether or how to add someone else, usually a relative, to a bank account. These decisions are not to be taken lightly. FDIC Consumer News can’t advise you on how to share your money or your accounts, but we can give you guidance about the implications of adding names onto deposit […]
Receiving bank and investment account statements and other documents (such as credit card bills) online instead of in the mail can have benefits — including convenience, less clutter and fewer trees being cut down — but electronic statements can raise concerns. Here are ways to manage electronic documents: Take security precautions. Because financial documents contain […]
The Importance of Having a Bank Account Are you one of the consumers standing in line to pay bills, paying to cash checks, and leaving your money unprotected? There’s a better way. If you are one of the over seven million U.S. households without a bank account, and you are thinking about getting an account, […]
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