The popularity of mobile banking has increased significantly since 2010, the American Bankers Association (ABA) said in a recent report.
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Mobile banking popularity surges |
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Javelin: Consumers expecting more from online banking
Tuesday, September 11th, 2012Despite high consumer expectations about how helpful online banking can be, current solutions are not currently up to par, Javelin Strategy & Research revealed in a recent report. Read more
Posted in: Certificate of Deposit, Checking Accounts, Money Market, Savings Accounts
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It’s “Bank Transfer Day” – Will big banks lose customers?
Saturday, November 5th, 2011Bank account holders at big banks across the country may be taking their business to credit unions today, said Harris in a recent report. Read more
Posted in: Certificate of Deposit, Checking Accounts, Money Market, Savings Accounts
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Incentive rates for CDs fall into negative territory
Wednesday, August 3rd, 2011For the first time in at least a decade, the average rate of 12-month CD specials fell below that offered on basic CDs of the same term length. Read more
Posted in: CD Rates
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Membership increases at credit unions
Tuesday, June 21st, 2011A recent report revealed that membership at credit unions increased by more than 725,000 in the 12 months ending March 31, 2011. Read more
Posted in: Banking, Certificate of Deposit, Money Market, Savings Accounts
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Bank deposits in FDIC-insured institutions at all-time high
Wednesday, June 15th, 2011Analysis from MRI took a look at recent consumer banking behavior and discovered a definite trend: a noticeable shift from term accounts to liquid accounts. Read more
Posted in: Banking, Certificate of Deposit, Checking Accounts, Money Market, Savings Accounts
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Inflation rate surpasses top CD rate
Sunday, June 5th, 2011Market Rates Insight revealed that the annual inflation rate topped the rate of the highest-paying CD in early 2011. Read more
Posted in: Banking, CD Rates, Certificate of Deposit
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Savings rates show a marked increase in certain states
Saturday, May 21st, 2011A recent study from Market Rates Insight (MRI) discovered that a number of states have seen savings rates rise this year. Read more
Posted in: CD Rates, Money Market Rates, Savings Rates
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Internet-only banks no longer have higher savings rates
Tuesday, April 26th, 2011A recent report noted that the higher-than-average savings rates commonly associated with online banking institutions may be a thing of the past. Read more
Posted in: CD Rates, Money Market Rates, Savings Rates
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Report: Record amount of money sitting in savings accounts
Tuesday, April 12th, 2011Consumers are leaving money in liquid bank accounts in historic fashion, said a recent report from Market Rates Insight. Read more
Posted in: Certificate of Deposit, Money Market, Savings Accounts
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