I remember the day I got my first bank account. My mother and I went to our bank, where I stood so short I could barely see the top of the counter, let alone the person sitting behind it. I hugged my mother's leg while she talked about things I didn't understand, but ...
Category Archives: Banks
How To Protect Your Online Banking Info
Banking online can make bill payments convenient and keeping track of your finances a snap. However, you should be aware of what software you can use and what choices you should make to keep your financial data secure. The first step ...
Canadian Banks Fined For Selling Asset-Backed Commercial Paper (ABCP)
Some of Canada's largest banks have agreed to pay fines totaling close to $140 million relating to their involvement in the sale of Asset-Backed Commercial Paper (ABCP) in the summer of 2007. I wanted to look into this to see what was it exactly that the banks did and why was it wrong?
Forgot About An Old Bank Account? Find Your Money!
Have an old bank account that you never actually closed? Or maybe a relative died and you're unsure if all their accounts were located to be given to those mentioned in their will? Luckily there is a simple way to search for money left in unclaimed bank accounts. Canadian banks will hold ...
Avoiding Fees Is Smart Finance
There are all kinds of fees and penalties that you could potentially pay, and it's your responsibility to understand and avoid them. Most fees are avoidable. Unfortunately, many people allow themselves to be robbed of their hard earned money. Most people don't realize that fees add up quickly and could cause significant damage ...
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