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Banking
Guide to Savings Accounts
Savings accounts are bank accounts that earn interest while allowing you to make a limited number of withdrawals without penalty. Learn more.
Jacqueline DeMarco
Updated March 19, 2025
Latest
What Is Regulation E in Banking?
Regulation E is a set of rules and procedures from the Federal Reserve that regulates electronic funds transfers (EFTs). Learn more about Regulation E for banking.
Rebecca Safier
July 27, 2023
6 min read
Guide to Transaction Accounts
Transaction accounts, also known as checking accounts, allow you to make everyday purchases and withdraw money as you please. Learn more with Lantern.
Chris Alexis
July 27, 2023
5 min read
What Happens if You Cash a Bad Check?
Learn the possible consequences of cashing or writing a bad check and what to do if you spot one.
Susan Guillory
July 27, 2023
7 min read
What Is a CD Ladder and How Do They Work?
A Certificate of Deposit (CD) ladder involves dividing a lump sum investment among several CDs with different maturity dates. Learn more from Lantern.
Walecia Konrad
July 26, 2023
6 min read
How to Maximize Savings
Ways to maximize your savings include tracking your spending, budgeting correctly, and limiting credit card spending. Learn more ways with Lantern by SoFi.
Melissa Brock
July 25, 2023
6 min read
When will Interest Rates Go Up for Savings Accounts?
Interest rates on savings accounts tend to go up during periods of high inflation. Learn what to expect and how to get the best rate on your savings account.
Walecia Konrad
July 24, 2023
6 min read
What Is Relationship Banking?
Relationship banking is a strategy for banks to offer many different products and services to meet the needs of customers. Learn more on relationship banking.
Walecia Konrad
July 23, 2023
6 min read
Guide to Representative Payee Bank Accounts
A representative payee bank account is used by an appointed person or organization to help manage the finances of a Social Security beneficiary. Get more information with our guide.
Chris Alexis
July 21, 2023
6 min read
How Long to Save Bank Statements
You should keep personal bank statements for one year and business bank statements for up to seven years. Learn more from Lantern by SoFi.
Susan Guillory
July 19, 2023
6 min read
What Is the Cost of Living Index?
The cost of living index (COL) can affect how much you pay for different goods, services, or bills in different states or cities. Learn more about the COL index.
Rebecca Safier
July 19, 2023
6 min read
Automate Your Savings: What to Know
Automating your savings can be a great solution for those who want to save money without having to spend too much time managing their finances.
Susan Guillory
July 18, 2023
8 min read
Changing Banks When Moving Out of State: A Step-By-Step Guide
Steps to changing banks when moving out of state include researching new banks, opening an account, transferring funds, and closing old accounts.
Susan Guillory
July 17, 2023
6 min read
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