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All you need to Know About Banking Tips About

All Your Questions About Bitcoin Answered

For an alternative currency, bitcoin is quickly becoming mainstream.

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Who Is Janet Yellen?

The Federal Reserve's newest chairman is on the money.

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How Deposit Interest Rates and Loans are Related

How does one affect the other? We take a look.

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What Is the Prime Rate?

What you need to know about the prime lending rate.

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Why Do I Get Fingerprinted at 24-Hour Fitness but Not the Bank?

24-Hour Fitness is ahead of the game.

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Did You Believe Any of These 5 Banking Myths?

Five financial fallacies not worth a penny.

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Demystifying the Practice of Offshore Banking

The idea of owning an offshore bank account is a glamorous one for many people–it brings to mind images of billionaires in tuxedos, spy movie villains and mobsters in need of money laundering. Ask your everyday Joe what the purpose of offshore banking is and he may reply with something along the lines of keeping...

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What are the Limits on my Debit Card?

If you think about it, the ATM system has to be one of the most convenient inventions of modern life. People can now get cash practically anywhere, at any time. As convenient as ATMs and debit cards are, however, there is a limit to their ease-of-use, and it’s the very real limit of a maximum...

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What Happens if My Bank Fails?

Normally banks are the safest place to stow your extra cash and save for a rainy day. However, what happens when it starts pouring on the bank itself and your bank fails? If you have learned that your bank failed, it may appear to be devastating news, but the first thing to do if your...

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Sweep Account

Banks have come up with sweep accounts to offer to their customers, as a way of potentially increasing their returns on the balance in their checking accounts. After all, who doesn’t want to be maximizing their financial picture in any and every possible way? It’s just common sense.

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What are Eurodollars?

Eurodollars are, any type of money that is held outside of the United States, whether it be dollars, yen, yuan, bhat, pesos, or even euros, that is held outside the country of origin.

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What are Investment Banks?

Unlike a retail bank, which deals directly with individual customers and provides a standard range of services such as checking accounts, savings accounts, certificates of deposit and the like, investment banks are financial entities which focus their practice on capital market activities such as issuing securities or bonds, providing advice for company mergers and acquisitions,...

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