Source: WalletHub https://bit.ly/2GHLYOO Welcome back to BankEd by Mike! We learned last week, there are over 5400 banks and 5300 insured credit unions in the United States. Today we're going to talk about the difference between credit unions and banks and hopefully provide you with the information you need to choose the one right for... Continue Reading →
Digital vs Traditional Banking
Welcome back! Figuring out where to open a bank account can be a bit overwhelming. There are over 5400 FDIC insured banks and 5,300 insured credit unions in the United States. Any way you slice it, there are a ton of options! Luckily for you, we're here to help you start narrowing down that list... Continue Reading →
Dollars & Sense
According to The World Factbook (https://www.cia.gov/library/publications/the-world-factbook/) there are over 44 million Americans between the age of 14 and 24 years old. The vast majority of those young adults will be (or are) in the market for a bank account. They need a place to deposit that first paycheck and a debit card to spend it... Continue Reading →
The Journey Begins
Thanks for joining me! I created this blog for anyone out there who knows they have to have a bank account but doesn't know the first thing about banking. Personal banking may seem pretty straight forward, but there is more to it than most people would expect. Among the questions you should be asking (and... Continue Reading →