Rates Current as of Thursday February 09, 2012

Overdraft protection is an agreement with the bank or financial institution to cover overdrafts on a checking account. This service will typically involve a fee and be limited to a preset maximum amount.

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Most all banks are now very similar in the US. Technically, there are three main types of depository institutions or banks; banks, thrifts and credit unions. Thrifts and banks are very similar in structure, regulation and products offered. Credit unions are have some restrictions on members and are generally only available regionally.

The bank charged $34 for an overdraft, which seems excessive. Is there a limit?

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Is money placed in a bank considered investing?

Absolutely. Good financial planning means establishing savings and investments that increase your assets and manage risk. Bank products are certainly a component of that formula. Long term investing requires measuring risk and reward to not only increase your returns on the capital you have but to preserve it as well. There

Since some credit unions offer some very attractive savings and loan rates, what does it take to become a credit union member?

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