Making multiple small cash deposits seems harmless, but it can raise red flags with the government. Here's what to know ...

A transaction account is a bank account that provides individuals with immediate access to money. Transaction accounts have full liquidity to pay bills and make everyday purchases. A common type of ...

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 ...

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 ...

Organizations representing the payments industry are coming out in support of the federal government’s move to eliminate paper checks for disbursements. Nacha, the governing body that oversees the ACH ...

Lorraine Roberte is an insurance writer for Investopedia. As a personal finance writer, her expertise includes money management and insurance-related topics. She has written hundreds of reviews of ...

Fifth Third Bancorp plans to lean into retail banking in the southeastern U.S. following a 5% decline in commercial transaction deposits during the second quarter. The opening of more than 20 new ...