What is Wire Transfer

What is a Wire Transfer?

  What is a Wire Transfer? A wire transfer is an electronic transfer of money from one bank or credit union to another, domestically or internationally, using a network like SWIFT or Fedwire. It is also known as a bank transfer or a bank wire, and sending or receiving money through a wire transfer is …

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What is Wire Transfer
Saving for Retirement - Retirement Planning

Retirement Planning and Saving for Retirement for Kids, Teens and Beginners

Introduction to Retirement Planning for Kids and Teens This video explains the concept of saving for retirement in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about retirement planning, or used as a money & personal finance resource by parents and teachers as part of …

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Saving for Retirement - Retirement Planning
FDIC - FDIC Insured - Federal Deposit Insurance Corporation

What is FDIC (Federal Deposit Insurance Corporation) and FDIC Insured?

  I’ve heard in some bank commercials that the account is FDIC insured. What does it mean? FDIC stands for Federal Deposit Insurance Corporation. It is a federal agency that insures deposits in participating US banks, which protects the depositors if the bank goes bankrupt. It was formed as a result of the great depression, …

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FDIC - FDIC Insured - Federal Deposit Insurance Corporation
What is a Credit Union

What is a Credit Union?

  What is a credit union? A credit union is a financial institution that is owned and operated by its members. It accepts deposits from its members and provides them loans as well as other financial services like checking and savings accounts, credit cards, etc. How do I become a member of a credit union? …

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What is a Credit Union

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