Banking basics and financial literacy.
Making good, confident financial decisions starts with good information. Nobody’s born knowing about banking, but studies show that financial literacy is linked to better financial health. Here, we break down banking terms, ideas and accounts to help you take the next step toward your goals.
Everything You Need to Know About…
What Are Bank CDs?
Build savings with Certificates of Deposit.
APR vs APY
What's the difference and how do they work?
What is an APY and How Does It Work?
Learn how annual interest is calculated.
Cashier's Check vs Certified Check
Know the difference and when to use each.
15- or 30-Year Mortgage
Find out which is right for you.
What Does a Notary Do?
Why you might need one and what to expect.
What is a 401k Plan?
How it works and how to make the most of it.
Lines of Credit vs Loans
See which can work better for you.
Secure vs Unsecured Loan
See the difference collateral makes.
What Does it Mean to Refinance a House?
When to do it and what to consider.
Banking Terms and Definitions
Glossary of banking terms you should know.