Bank of America shuttering nearly two dozen Bay Area branches

Bank of America shuttering nearly two dozen Bay Area branches

FILE: A Bank of America branch on Aug. 16, 2021, in New York. VIEW press/Corbis via Getty Images Bank of America has shuttered or plans to shutter nearly two dozen Bay Area branches, according to recent filings.  Bank of America didn’t respond to a request for comment by press time.  Advertisement Article continues below this ad … Read more

CIT Bank Review 2023

CIT Bank Review 2023

CIT Bank offers competitive rates and low fees on its deposit products. See if it’s the right fit for you. SOPA Images/SOPA Images/LightRocket via Gett As the online division of First Citizens Bank, CIT Bank offers several online-only banking products including savings accounts, CDs and their eChecking account. Most of their products offer competitive interest … Read more

What is earnest money?

What is earnest money?

Earnest money is a good faith deposit that a buyer provides the seller of a home when they accept the offer. It helps reassure the seller that the buyer is serious about going through with the purchase.  sakchai vongsasiripat/Getty Images When you make an offer on a home, the seller may want some assurance that … Read more

Bank Products Rating Methodology

Bank Products Rating Methodology

How we determine our ratings and rankings for the best banking products. Ida Akerblom/Getty Images With over 4,500 federally insured banks in the United States — each with a variety of different accounts and products to choose from — it’s no small feat to choose a bank. We strive to provide accurate and objective information … Read more