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The Proper Way to Cancel a Check

Need to cancel a check? It is important that you follow the right steps in the right order to make sure your check is cancelled properly. This will ensure you are not charged any unexpected fees and that the check does not clear. You will also help alleviate any confusion on the part of your…

Federal-Laws

Federal Laws on Check Processing

The federal laws that govern how banks process checks have been in place since 1987. The Expedited Funds Availability Act (EFAA) is very detailed and addresses every type of deposit transaction, including international transfer of funds. For the average citizen, however, three stipulations are particularly relevant to everyday banking. The EFAA requires that: • Your…

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What Type of Checking Account is Best for Me?

A variety of checking accounts types are available depending on your financial, saving and spending needs. Learning how these different types of checking accounts work helps ensure you get the most value from your account. Here are a few of the most common types of checking accounts and the major features they offer. Simple Checking…

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Let The Madness Begin

For those of you who don’t already know, The NCAA Men’s Division I Basketball Championship, or March Madness, will be starting on Tuesday March 18th. It is a single-elimination tournament featuring 68 college basketball teams and is played to determine the national champion of Division I college basketball teams. The tournament was created in 1939…

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Why You Should Be Using Coupons

In today’s society, most everyone is on a tight budget due to the current tough times in our economy. That’s why it has become more important than ever to find the best deals possible, even on our day to day purchases.  Fortunately, there is rarely a need to pay full price for anything these days.…

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Should I Have Multiple Checking Accounts?

You may have heard of friends or family having more than one checking account. Why, you ask would people want or need more than one checking account? Well there are many different reasons ranging from dedicated specific accounts for defined expenses to keeping money separate from your spouse in case of a separation/divorce and all…

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When Should I Replace My Personal Checks?

One of the questions I hear most often is, “Do I need to get new personal checks if any of the personal information printed on them is no longer current? While it may not seem necessary  to have to replace your checks because your address or other information has changed, you really should. It is…