Avoid These Top Five Credit Mistakes
Learn how to avoid the five most common mistakes consumers make when using credit.
FDIC Tips to Help Consumers Manage Their Money in Good Times and Bad
The Federal Deposit Insurance Corporation (FDIC) issued tips to help consumers spend less, save more, protect against fraud and borrow wisely at any time, but especially during a difficult economy.
Getting a Good Loan in a Buyers’ Market
Today, there are myriad choices that allow buyers to find a mortgage that best fits their pocket book and housing needs. Find out how the MBA recommends finding the right product.
Money Can't Buy Love, But Can Buy Headaches - Financial Prenuptial Tips
The Michigan Bankers Association suggests couples discuss critical issues that could make or break a couple.
Unemployment forces many consumers to do more with less. The following link provides some personal finance tips for tough economic times.
Tips for Getting Small Business Loans - Assessing Your Banking Relationship
Many small business owners have been disappointed recently to learn that their bank has tightened lending standards or raised interest rates and fees, making it more difficult to get credit.
An overdraft occurs when a consumer does not have enough money in an account to cover a transaction, but the bank pays it anyway. The Michigan Bankers Association (MBA) wants consumers to know that the changes, adopted by the Federal Reserve, will require banks to discontinue overdraft protection for ATM and everyday debit card transactions unless consumers agree, or “opt-in,” to overdraft protection for these transactions.
Understanding Overdraft Options
Learn how you can better manage overdraft protection.
MBA Encourages Consumers to Consider Their Overdraft Protection Options
Recent federal regulatory changes will require banks to change the standard overdraft practices that apply to all checking accounts.
Overdraft Protection Options - Frequently Asked Questions
View a list of frequently asked questions regarding overdraft fees, customer opt-in and more.
New Federal Reserve Rules - The Basic Facts for Consumers
New Federal Reserve rules give debit and ATM card users additional options regarding overdrafts. In the coming months, banks, credit unions and other financial institutions must offer you the ability to make decisions about overdrafts for transactions made with your debit or ATM cards.