Are Prepaid Cards Insured by the FDIC?

If the card is offered by a bank, the answer is “yes”, prepaid cards are insured. However, there are many important facts that you should know about the coverage and the type of card you have. While traditional checking accounts and savings accounts are still...

Making Sense of How to Use Your Business Cents

As the owner of a small business, you have many financial obligations. These include – but are not limited to – operational costs, the expenses associated with the expansion of your business, and taking measures to protect both your customers and your employees. You...

Fake Check Scams: A Common Fraud

Fake check scams are one of the most common types of fraud committed against consumers. Here we will discuss what a fake check scam looks like and how to prevent falling for one. Have you recently received a check with a request from the sender to send funds back to...

Fake Check Scams – Everything You Need to Know to Protect Yourself

You receive an unexpected, official-looking envelope in the mail. You cautiously open it and discover it includes a check – or, possibly even a money order – for a whopping $10,000. You are informed that you have won $2 million in a state lottery and that you may...

Teen Banking: First Job? Open a Bank Account

You Can Help Your Teen Effectively Manage Their Money by Opening a Bank Account Once They Get Their First Job Did your teen just land their first job? That’s exciting. While this is an important milestone, it should immediately be followed by another milestone...