Tag: deposit accounts

Capital, Finance Tech

People Keep Saving Despite Low Interest Rates

November 13, 2020


Interest rates on deposit accounts are hoovering at near zero percent due to the The COVID-19 pandemic, but that hasn’t stopped people from socking money away. A Federal Reserve report indicated that commercial bank deposits were up roughly $13.2 trillion […]

Financial Services, Industries

This big bank is eliminating all fees on checking and savings accounts

June 17, 2019


Discover is doing away with fees of any kind on its checking, savings, money market and certificate of deposit accounts. The move would be a first for a large bank and comes as smaller online fintechs offer no-fee options and […]