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Banking 101

Banking basics start here

Banking terms may seem confusing at first, but learning money basics might make everyday financial decisions smoother. These resources help explain common financial concepts — from CDs and APYs to cashier’s checks and more — so you can better understand different banking products and services.

Everything You Need to Know About …

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What Are Bank CDs?

Build savings with Certificates of Deposit.

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What is an APY and How Does It Work?

Learn how annual interest is calculated.

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Cashier's Check vs. Certified Check

Know the difference and when to use each.

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Banking Terms and Definitions

Glossary of banking terms you should know.

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Do I Need a Checking Account?

Wondering if you need a checking account starts with knowing your financial needs.

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529 College Savings Plan vs. Coverdell Education Savings: What’s the Difference?

There are many ways to save for your child’s education expenses.

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Brokerage Account vs. IRA: What's the Difference?

Knowing the differences between brokerage accounts and individual retirement accounts (IRAs) can help you make an informed decision about your investment options.

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What Does It Mean to Refinance a House?

Refinancing can allow a borrower to get a better interest rate on their mortgage.

Take a Small Step Toward Better Finances

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