InmanFunding

Key takeaways CDs and share certificates both earn guaranteed returns over a set period. CDs are offered by banks and pay interest; share certificates are offered by credit unions and pay dividends. Both are federally insured up to $250,000 per depositor (FDIC for CDs, NCUA for share certificates). Credit unions…

Another major financial giant is planting its flag in Florida. Wells Fargo confirmed to Fox News Digital that it is moving its wealth management headquarters to West Palm Beach, underscoring a growing exodus of money and corporate influence from traditional financial hubs to low-tax, business-friendly states.The relocation makes Wells Fargo…

Key takeaways Online banks typically offer higher annual percentage yields on savings products and charge fewer fees than their brick-and-mortar counterparts. If you need to deposit cash regularly, you’ll likely want the convenience of a brick-and-mortar bank’s ATM network as many online banks don’t accept cash deposits. Large brick-and-mortar banks…

In her half-century on earth, Torry Holmesly has been subjected to neglect, violence, eviction and homelessness. So, if you ask her about what life is like in a banking desert, forgive her for looking at you funny. And yet, Holmesly, 50, is far from a fool. She knows that not…