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Tag: checking

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What do I need to know about FDIC insurance?

  • Posted on March 18, 2023February 12, 2024
  • by BrightDime

If you’ve had a bank account or visited a bank in the United States you’ve probably seen the letters “FDIC” before. FDIC stands for the Federal Deposit Insurance Company, a…

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Compound Interest, the 8th Wonder of the World

  • Posted on June 19, 2020March 31, 2023
  • by BrightDime

You’ve heard of the 7 wonders of the world; places like the Taj Mahal, the Roman Colosseum, and the Great Wall of China. But do you know what the 8th…

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  • Glossary

FDIC

  • Posted on October 15, 2019July 26, 2022
  • by BrightDime

The FDIC (Federal Deposit Insurance Corporation) insures deposits of account holders at financial institutions against the failure of the institution. The insurance is paid for by the financial institution and…

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I Keep Overdrafting and Getting Hit with Late Fees. Where Do I Start?

  • Posted on September 20, 2019July 26, 2022
  • by BrightDime

“Timing is everything!” How many times have you heard that in your life? It applies to your finances also. It’s never fun to get a notice from your bank that…

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Choosing The Best Account for Saving Your Money

  • Posted on December 21, 2018August 19, 2022
  • by BrightDime

When considering a savings vehicle, it’s important to find an account that matches your needs and keeps your money secure and accessible in case you need it quickly. Think about…

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  • Glossary

checking account

  • Posted on November 30, 2018July 26, 2022
  • by BrightDime

A checking account is one of the most common accounts people use for day to day transactions. It typically comes with a debit card and paper checks, and may or…

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