Savings account

Global Trading Platform Moomoo CA Rings the Opening Bell at Toronto Stock Exchange

Retrieved on: 
Tuesday, March 26, 2024
Friends, Stockbroker, Muumuu, TFSA, Level 2, Savings account, News, Toronto Stock Exchange, Bloomberg, TSX, Strategy, RRSP, Level 1, TMX, Registered retirement savings plan, Online shopping

Toronto, Ontario--(Newsfile Corp. - March 26, 2024) - Moomoo Financial Canada Inc. (Moomoo CA) , a leading next generation stock trading platform, rings the opening bell at the Toronto Stock Exchange to celebrate its approval as a TSX and TSXV non-trading member on March 26, 2024.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - March 26, 2024) - Moomoo Financial Canada Inc. (Moomoo CA) , a leading next generation stock trading platform, rings the opening bell at the Toronto Stock Exchange to celebrate its approval as a TSX and TSXV non-trading member on March 26, 2024.
  • Moomoo CA rings the opening bell at Toronto Stock Exchange.
  • Moomoo CA is honored to be approved by TMX effective March 29th as a non-trading member of the TSX/TSXV.
  • It's a new milestone for moomoo as we continue to expand our services and offerings in the Canadian market."

Nelnet Bank Launches K-12 High-Yield Savings Accounts: Empowering Schools with Financial Growth

Retrieved on: 
Tuesday, February 6, 2024
Partnership, Education, School, Growth, FACTS, Nelnet, Savings account, FDIC, Bank

"At Nelnet Bank, we understand the importance of financial stability in education," stated Julie Buchholz, chief operations officer at Nelnet Bank.

Key Points: 
  • "At Nelnet Bank, we understand the importance of financial stability in education," stated Julie Buchholz, chief operations officer at Nelnet Bank.
  • This product demonstrates our dedication to providing schools with a trusted financial partner and a pathway to sustainable growth."
  • "We are excited to announce our partnership with Nelnet Bank to introduce the K–12 High-Yield Savings Account," said Scott Spethman, president of FACTS.
  • These high-yield savings accounts are designed to prioritize a school's savings without burdening them with additional costs.

GOBankingRates Announces Its Picks for the Best High-Yield Savings Accounts of 2024

Retrieved on: 
Wednesday, January 24, 2024
LOS, Savings account, APY, Property management

LOS ANGELES, Jan. 24, 2024 /PRNewswire/ -- GOBankingRates has announced winners in a new Best Banks category for 2024: Best High-Yield Savings Accounts. This new category highlights the accounts that will help Americans grow their money with industry-leading APYs.

Key Points: 
  • This is a new Best Banks category for 2024.
  • LOS ANGELES, Jan. 24, 2024 /PRNewswire/ -- GOBankingRates has announced winners in a new Best Banks category for 2024: Best High-Yield Savings Accounts .
  • To find the best high-yield savings accounts, GOBankingRates analyzed the accounts available across the biggest 100 banks in terms of total assets, select online banks with over $1 billion in total assets and industry-leading neobanks.
  • Accounts were ranked based on their minimum deposit to open an account, monthly fees, minimum needed to earn APY, savings APY and mobile app ratings.

BMO Named One of the Best Banks of 2024 in the U.S. by GOBankingRates

Retrieved on: 
Monday, January 22, 2024
Compact disc, Savings account, ATM, Digital, Investment, BMO, TransUnion, Recognition, Certificate of deposit, Certification, Bank

Highlighted are BMO's "dependable products" in the "Best Checking Accounts" and "Best High Yield Savings Accounts" and "Best CD Accounts" categories.

Key Points: 
  • Highlighted are BMO's "dependable products" in the "Best Checking Accounts" and "Best High Yield Savings Accounts" and "Best CD Accounts" categories.
  • CHICAGO, Jan. 22, 2024 /PRNewswire/ - BMO today announced it has been named one of the " Best Banks of 2024 " by GOBankingRates, which analyzes the top financial institutions in the United States each year to help Americans find banks that will help them reach their financial goals.
  • BMO Smart Money ™: A low fee checking account with no overdraft fees that was awarded Bank On certification .
  • "At BMO, we meet customers where they are with leading digital experiences that drive real financial progress," said Mathew Mehrotra, Chief Digital Officer at BMO.

A Complete Guide to Citibank Foreign Currency Account

Retrieved on: 
Wednesday, December 27, 2023
Online, Savings account, ATM, Foreign currency account, Citibank, Citigroup, Internet, USD, Currency, AVR, Financial services

Citibank's Foreign Currency Account may be your solution - with a single account, you can conveniently carry out transactions in multiple currencies.

Key Points: 
  • Citibank's Foreign Currency Account may be your solution - with a single account, you can conveniently carry out transactions in multiple currencies.
  • Here are the 3 essential benefits you can enjoy as a Citibank Foreign Currency Account holder:
    - Deposit funds in your preferred currency, simplifying the management of your overseas transactions.
  • - US$ Savings Account : As the name suggests, this Foreign Currency Account is a savings account that helps you conveniently manage your US dollar funds.
  • This Foreign Currency Account by Citibank provides greater transactional flexibility and comes with a complimentary Citibank Debit Card.

Current Account vs Savings Account: Differences and Benefits

Retrieved on: 
Friday, December 15, 2023
Savings account, ATM, Wealth, Account, Accounting, Citigroup, Bank

Let's take a closer look at the differences between a Current and a Savings Account.

Key Points: 
  • Let's take a closer look at the differences between a Current and a Savings Account.
  • On the flip side, a Current account is meant for carrying out day-to-day transactions, including paying bills and withdrawing cash.
  • If you run a business and need to carry out significant transactions daily, having a Current account will be helpful.
  • Current Accounts generally offer overdraft facilities, which enable account holders to withdraw more funds than the account balance.

BMO Launches First Home Savings Account to Support Canadians' Homebuying Progress

Retrieved on: 
Monday, November 6, 2023
Head, BMO Real Estate Partners, BMO, Real, Direct lending, Investment, Tax-free savings account, Savings account, RRSP, TFSA, Life insurance

The FHSA combines the benefits of a Registered Retirement Saving Plan (RRSP) and a Tax-Free Savings Account (TFSA).

Key Points: 
  • The FHSA combines the benefits of a Registered Retirement Saving Plan (RRSP) and a Tax-Free Savings Account (TFSA).
  • FHSA contributions are tax deductible, earnings are tax-sheltered, and withdrawals are tax-free when used towards qualified first-time home purchases.
  • "Homeownership continues to be important to real financial progress, security and wealth creation for many Canadians and their families.
  • Customers can learn more about FHSAs and set up an account in a BMO branch, over the phone or through their investment advisor.

Equitable Life of Canada introduces First Home Savings Account

Retrieved on: 
Monday, September 11, 2023
Equitable Life, Savings account, RRSP, Equitable, TFSA, Registered retirement income fund, Tax-free savings account, Retirement, Life insurance

WATERLOO, ON, Sept. 11, 2023 /CNW/ - Today, Equitable Life® announced the launch of the Equitable Life First Home Savings Account (FHSA) to help Canadians save for their first home.

Key Points: 
  • WATERLOO, ON, Sept. 11, 2023 /CNW/ - Today, Equitable Life® announced the launch of the Equitable Life First Home Savings Account (FHSA) to help Canadians save for their first home.
  • Withdrawals to purchase a first home – including from investment income – are non-taxable, like a Tax-Free Savings Account (TFSA).
  • "We know it is challenging for many Canadians to buy their first home" says Cam Crosbie, Executive Vice President, Savings and Retirement.
  • "As a company dedicated to helping people achieve their financial goals, we are proud and excited to launch the Equitable Life FHSA.

REAL SIMPLE Announces Winners of the 2023 Smart Money Awards

Retrieved on: 
Monday, August 14, 2023
Online, Karma, Linda, The Easiest Way, Tool, SIMPLE, Public policy limitation on deduction for business expenses, NerdWallet, Free Way, The Card, Qapital, Sale, REAL, Card, Panel, Retirement, Credit card, App, Account, Author, Savings account, Service provider, Credit, House, Navi, Publishing, Cryptocurrency, Real estate, Bank, Health care, Mail order, Payment card, Financial services, Investopedia, Travel

NEW YORK, Aug. 14, 2023 /PRNewswire/ -- REAL SIMPLE today unveiled the winners of its fifth annual Smart Money Awards, which spotlight 38 of the best new financial innovations that help you earn, save, and grow your money. Selected by an independent panel of personal finance pros and REAL SIMPLE editors, the 2023 Smart Money Awards are featured in the September 2023 issue, on sale August 18, and the full list of winners is available now on RealSimple.com/SmartMoneyAwards.

Key Points: 
  • Selected by an independent panel of personal finance pros and REAL SIMPLE editors, the 2023 Smart Money Awards are featured in the September 2023 issue, on sale August 18, and the full list of winners is available now on RealSimple.com/SmartMoneyAwards.
  • "Every year, the REAL SIMPLE Smart Money Awards celebrates the ingenuity and innovation of new financial products meant to simplify our lives and empower us to make smarter choices with our money.
  • The 2023 Smart Money Awards reveal the best financial products that make life easier and boost readers' bottom line.
  • The September 2023 issue of REAL SIMPLE is on newsstands on August 18, and the full list of this year's Smart Money Awards is now available at RealSimple.com/SmartMoneyAwards.

U.S. News & World Report Recognizes Bask Bank as #1 Bank for Savings Accounts

Retrieved on: 
Friday, June 30, 2023
News, Capital Bank, Internet, Texas Capital Bank, Digital banking, U.S. News & World Report, Digital, Savings account, Cryptocurrency, U.S

DALLAS, June 30, 2023 (GLOBE NEWSWIRE) -- Bask Bank, the digital banking division of Texas Capital Bank, has been named by U.S. News & World Report (U.S. News) as the #1 Best Bank for Savings Accounts in its first-ever Banking, Investing Platforms and Lender Awards.

Key Points: 
  • DALLAS, June 30, 2023 (GLOBE NEWSWIRE) -- Bask Bank, the digital banking division of Texas Capital Bank, has been named by U.S. News & World Report (U.S. News) as the #1 Best Bank for Savings Accounts in its first-ever Banking, Investing Platforms and Lender Awards.
  • Bask Bank was selected as the savings account winner among the 40 largest U.S. consumer banks.
  • Best Banking is a new project from U.S. News that uses “data journalism.” U.S. News selects a wide variety of financial institutions to survey, rate and review.
  • “Being named the best savings account bank in the U.S. News’ inaugural banking awards is an honor for Bask Bank as well as the Texas Capital Bancshares franchise,” said Texas Capital Bank President and CEO Rob Holmes.