Money Market

5 Things You Need to Know About Our Money Market Account

Sometimes you need a safe place to put your money that earns more interest than a checking account, but gives you more flexible access than a certificate of deposit (CD) or savings account. Maybe you’re building a house and need to write a few checks to contractors or taking care of wedding expenses as you […]

Online Banking

Let’s Talk About Trusts

Trusts have long been thought of as an inheritance tool meant only for the super wealthy thanks to the “trust-fund baby” stereotype in Hollywood movies. But, you don’t have to be a Hilton, Kardashian, or Richie Rich’s parents to set up a Trust. Anyone who wants to leave precise instructions on how their assets should […]

CDs

Are CDs Right for You? Weigh the Pros and Cons to Decide

A certificate of deposit (CD) is an easy, safe place to stash your savings and earn some interest while you’re at it. But CDs have some features that may not work for your situation. So how do you know if a CD is right for you? When you have an important decision to make, especially […]

CDs

How Risky Are Certificates of Deposit?

Life is all about balancing risks and rewards — especially when it comes to your finances. You want your money to earn interest at the highest rates, but you also want to safeguard your principal. Generally speaking, high-risk investments — like some stocks and bonds — yield higher returns than FDIC-insured bank products — like […]

CDs

Give Your Returns a Boost: How to Build a CD Ladder With the Ally Bank CD Ladder Tool

Laddering CDs (certificates of deposit) might sound complicated, but it’s a pretty simple way to help your savings work harder for you. With a CD ladder, you can take advantage of the higher rates generally offered by long-term CDs and still maintain regular access to your money. The basic idea is to open several CDs […]

CDs

What Is a CD? Everything You Ever Wanted to Know About Certificates of Deposit

Do you have the feeling you could be doing a little bit more with the money in your savings account? If you like the security of having money in the bank—safely earning interest—but want to expand your savings skill set, you’ve come to the right place. Certificates of deposit (CDs) can be great for building […]

IRA

3 Steps to a Retirement Savings Upgrade. Here’s How You Can Open an IRA.

You wouldn’t turn down an opportunity to move from coach to first class, would you? Both seats do the basic job, of course, but you’d probably choose to enjoy a little more comfort while you’re there. After all, an upgrade’s an upgrade. And an individual retirement account (IRA) just might do the same for your […]

Online Banking

You Use Online Reviews for Everything. So Why Not for the Best Place to Keep Your Money?

You’ll quiz friends, family, and social media followers about whether the new iPhone is worth it. And you’ll deal with a grumbling stomach while scrolling through Yelp reviews in order to find the best burrito, Chinese takeout, or BBQ. But when it comes to choosing where to store your cold, hard cash, those investigative skills […]

IRA

Which IRA Is Right for You?

Some decisions don’t matter in the grand scheme of things. Choosing chocolate or vanilla (or double-fudge mint brownie supreme) will mainly affect your tastebuds, after all. Others require a bit more thinking, especially when it comes to your finances—and retirement plan. Any time Uncle Sam offers to give you a break on your taxes, you […]

CDs

Finding the Perfect Fit: Which CD Is Right for You?

Certificates of deposit (CDs) used to be one-size-fits-all. (Has that ever worked out?) Times have changed—now you can find different types of CDs with a variety of terms tailored to your personal savings goals. Here’s how to know which CD to get to help you create your own unique savings strategy. Get a handle on […]

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