Finance Basics

California Ups Its Withholding Tax Rate

California Ups Its Withholding Tax Rate

For many people living in California it must be very hard to get by, considering that the state has one of the highest foreclosure percentages

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Wall Street “Banks” Need To Be Redefined, Says Chairwoman of FDIC Sheila C. Bair

Wall Street “Banks” Need To Be Redefined, Says Chairwoman of FDIC Sheila C. Bair

If you were ever unclear about the difference between a company like Goldman Sachs and, say, Bank of America, don't worry; so was chairwoman of the FDIC Sheila C. Bair

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MoneyGram Fined $18 Million For Consumer Scam Deal

MoneyGram Fined $18 Million For Consumer Scam Deal

MoneyGram International, Inc., the second-largest money transfer service in the United States with a network of 180,000 Money transfer agents in 190 countries and territories

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Win Up to $60,000 With Wells Fargo Mortgage Sweepstakes

If you’re a Wells Fargo Home Mortgage customer, you now have the opportunity to win up to $60,000 towards your principal and interest mortgage payments.

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Will Regulators Veto the New Bank of America CEO?

Will Regulators Veto the New Bank of America CEO?

As Bank of America starts its search for a new CEO to replace Ken Lewis, who steps down from the post at the end of this year amidst a flurry of rumors and controversy over the banks acquisition of Merrill Lynch

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Cash vs. Mortgage When Buying a Home

Cash vs. Mortgage When Buying a Home

Not many of us are fortunate enough to have sufficient cash to even consider purchasing a home in well, cash.

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Cash in on the $8,000 Tax Credit for New Home Purchases

Cash in on the $8,000 Tax Credit for New Home Purchases

Recent government programs introduced to stop foreclosures and stimulate interest in the Housing Sector have brought about positive results. The real estate sector has certainly benefited from these measures.

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Financing a College Education with a HELOC

Financing a College Education with a HELOC

Giving a child a quality college education to equip them for a professional career has long been considered an integral element in the American dream.

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American Express Debuts It’s Online Personal Savings & CDs Accounts

American Express Debuts It’s Online Personal Savings & CDs Accounts

On June 1st American Express launched their first range of deposit holding products that don't involve signing up for a credit card.  Coming out of the gate with a High-Yield Savings account and an assortment of CDs ranging in terms from 3 to 60 months, American Express is seeing to it that their rates were competitive.  With a 2.00% APY for their savings, they are neck and neck with other competitive banks such as Ally at 2.05% APY.

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Introducing our Failed Bank List of 2009

Announcing our ongoing commitment to keep track of failed banks. Some banks are larger than others, but even the small ones still have an impact on their communities. We will provide the list along with some brief notes about the acquiring bank. One special feature of our list, is a map of failed banks per state. Here is a screenshot of banks that have failed per state.

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