An overdraft fee is generated when a checking account holder withdraws cash using their debit card or writes a check for an amount greater than the account’s current balance. The bank will either reject the transaction due to insufficient funds or pay the transaction on your behalf — and you’ll often incur the overdraft fee in...
Banks not only keep the country operating effectively but also make it possible for consumers to efficiently manage their daily financial tasks.
With so much financial business being handled online, today’s banks provide access to resources that were unavailable just a few years ago, like mobile check deposits. It’s easy now to access banks at their brick-and-mortar locations, online or on your phone.
Banks come in many forms, including local, regional, and national banks. They offer different accounts including savings accounts, checking accounts and certificates of deposit (CDs). Other products and services include loans — personal and auto — credit cards, mortgages, and financial planning tools. Whether you want to cash your paycheck or buy a home, a bank can help.