Dolans.com - Banking

Save $300 a Year!

Ken Dolan — Fri, 13 Nov 2009 17:39:00 GMT

Consumers aren't the only ones tightening their belts these days - banks are feeling the pinch from the week economy, too. Of course, they can find ways to boost their income by nickel and diming folks like you and me! The latest tactic comes from the usual suspect: ATMs. Find out more about the new fee increase and how to avoid these costly charges in our special video alert.

How Interest Rates Really Work

Ken Dolan — Mon, 02 Nov 2009 16:00:00 GMT

It's big news every time the Federal Reserve makes a decision regarding interest rates, especially now! Lost in all the hoopla are some important points. Well, we have the real story. Watch this video and let Daria tell you - in plain English! - how interest rates work and what it all means for your CDs, bonds and other investments.

Beware New FDIC Email Scam Preying on Bank Failure Fears

Ken & Daria Dolan — Wed, 28 Oct 2009 13:26:00 GMT

As the number of failed banks continues to grow, so does the number of scams related to bank failures.

We have received dozens of scam emails in the last few days, all of them claiming to be from the FDIC. These emails prey on people's fear that their bank might go under.

Don't fall for it!

Bank Failures Hit Triple Digits: What to Do Now

Ken & Daria Dolan — Mon, 26 Oct 2009 12:35:00 GMT

After a flurry of bank seizures this weekend, 106 banks have now failed already this year, more than four times the 2008 total. And the number of banks on the FDIC's "troubled bank" list has rocketed to 416! It's very scary out there. Here's how to tell if your bank is safe and what to do if your bank does fail.

Is Internet Banking Safe?

Ken Dolan — Thu, 22 Oct 2009 15:14:00 GMT

Bank failures have skyrocketed this year,raising questions about the safety of keeping your money with Internet-only banks vs. your local bricks-and-mortar bank. Let's take a closer look at the pros and cons of this type of banking. We'll discuss what options you have, where to find the best online bank, and which factors you should consider before signing up.

Foreclosures Jump Again--Commercial Loans Are Next

Ken Dolan — Thu, 15 Oct 2009 16:50:40 GMT

The "other" real estate shoe is going to drop with a BIG thud!

Commerical real estate loans will have a potentially devastating effect on the financial viability of many banks in the United States.

Unless there is a miraculous turn-around in our economy FAST (not likely)...that downward trend will continue and put many more banks at risk.

We Were Wrong About Bank Failures

Ken & Daria Dolan — Mon, 12 Oct 2009 13:02:55 GMT

We've been called a lot of things through the years but no one ever called us cockeyed optimists. However, our January prediction about the number of banks that might fail in 2009 looks downright Pollyanna-ish now.

Although the FDIC constantly reminds us that each individual account is covered up to $250,000 of insurance, that doesn't mean there aren't risks when your bank fails. Let's talk about how to protect yourself.

Banks Pocket Record Fees

Ken Dolan — Wed, 30 Sep 2009 13:57:14 GMT

We have to ask, are banks stupid? I can hear the drumbeat for a bank crackdown getting louder every day, can't you?

Lots and lots of news about banks over the last week or two and none of it is good. From more bank failures to the FDIC running out of money to Congress threatening to crack down on bank overdraft fees...and as if that wasn't enough, a report out today that banks are charging customers record bank fees.

If you are throwing away your hard-earned money on outrageous bank fees, STOP! It's time to say enough is enough and follow our tips for cutting your bank fees.