Are debit cards safe? What about when compared to using cash or a credit card? The recent rise of "skimmers" has made many consumers think twice about using their debit cards when making purchases. Especially at places like the gas pump, or even online. But the answer to the question is quite simple: Yes, debit cards are secure and have many safety benefits over both cash and credit. Let's dive in, shall we? Debit cards are safer to carry than cash This one might seem obvious...

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Opening your first checking account is a rite of passage for many Americans. Although your parents might start a savings account for you when you’re a kid, chances are you won’t open a checking account until you have a job that earns you money. But what about CD’s? When might it be time to put money away where you can’t touch it? Here's a little more on the basics of a CD. CD basics you should know A certificate of deposit (CD) is a low-risk...

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You love the convenience of mobile money apps, but how much of your information is actually protected? One thing is for certain: you can never be too safe, especially when you use cellular data away from known WiFi systems, such as your home or office. So, what are users to do in a digital world? While there’s plenty of reasons you should feel comfortable utilizing mobile banking apps due to their higher levels of security, such as multi-factor authentication, or MFA, you need to know...

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APY, APR, CD, MMA... Let's face it, there are a lot of acronyms in banking. With most of us entering the real world with little money management training, it can be easy to get confused as to what all these terms mean. One of the most basic terms that you should understand is APY, as it can make the difference of hundreds of dollars a year. So, let's dig in. What is APY (Annual Percentage Yield)? APY stands for Annual Percentage Yield. In non-banker-jargon, APY stands...

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