Hopefully, we'll all learn something. First, banks do not process each individual transaction (deposit or withdrawal) as it happens. As transactions come to the bank during the day, they are collected ...

In 2008, in the midst of a financial crisis, federal regulators extended bank deposit guarantees beyond the statutory $250,000 limit to cover all “transaction,” or checking, deposits. Later codified ...

Deposits over $10,000 are treated a little differently by banks because of a law called the Bank Secrecy Act. Under this law, when you make a cash deposit of $10,000 or more, the bank is required to ...

Cachet Financial Solutions Inc., a small tech company best known for providing remote deposit capture services to banks and credit unions, is trying to raise nearly $14 million in new equity to shore ...

A money market account is a savings tool that combines competitive interest rates with greater flexibility than traditional ...

Lupe Mireles deposited her check at Wells Fargo on Friday like she usually does. She looked at the receipt, her money wasn’t there. “We are going to hurt this weekend,” she said. Mireles and other ...