Category: Personal Banking Tips

Understand the difference between a checking account vs savings account and find the best fit for you with TAB Bank.

A checking account is often one of the first financial accounts people open, and for good reason. It enables you to securely store your money, easily pay for everyday expenses, and more. Still, as your finances evolve, so should the way you manage those finances. A checking account is incredibly helpful and convenient, but not…

Choosing between a high-yield savings account and a money market account can be difficult. Learn the differences between them and which will work better for you.

A high-yield savings account and Roth IRA both help you save money for your future, but each account has a unique purpose.

CDs offer locked-in APYs but little liquidity, while High Yield Saving APYs fluctuate but your funds remain easy to access. Learn more with TAB Bank.

Reviewed by Nick Craven, AVP Business & Consumer Banking When crafting a strong, dependable plan for your finances, one of the foundational elements is a savings account. Creating a savings account allows one to build an emergency fund in case of a rainy day, and serves as a secure depository account to save for planned…

As the world becomes ever more digital, online scammers are finding new ways to weasel into the hearts—and wallets—of well-meaning individuals. These romance scammers are professional criminals who know how to make you fall in love with them and then pressure you into sending them your hard earned money. Anyone who searches for love on…

In theory, most of us know that it’s a good idea to have some money put aside for a rainy day. In practice, however, it can be difficult to build up the funds that you’ll need in the event of a financial emergency. Such emergencies can take the form of unexpected expenses—like a hospital stay…

During your monthly budgeting routine, you check out one of your savings accounts and find that the interest rate pays 0.25% APY. Is that good or bad? Is your bank giving you a competitive rate? What does APY mean in terms of the money in your account? APY is your real rate of return on…

Fractional Shares: What are they and how do they work? What are fractional shares? Fractional shares refer to a slice or fraction of a whole stock. Instead of purchasing a whole share of stock, you can buy just a fraction of it. One example is if a stock was sold for $1000 per share and you purchased…

What does FDIC Insured mean? The Federal Deposit Insurance Corporation (FDIC) is an independent federal agency that insures money deposited by the public in the unlikely event of a bank system failure. The FDIC has been empowering the public to place their money in banks since 1933, after being established due to a bank system…