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Finding the Right Bank For You

Are you unsatisfied with your bank or looking to open an account for the first time? Several factors should guide your decision. Choosing the right bank can potentially save you a significant amount of money. Banks are services that should cater to your needs and not the other way around. In this article, you will […]

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Customer Identification Program (CIP): How Banks Protect Against Fraud

To assist in the effort to stop money laundering and financial transactions related to funding terrorism, federal law mandates that financial institutions adapt and adhere to a Customer Identification Program (CIP).   Using the CIP approach, each financial institution must be able to “form a reasonable belief that it knows the true identity of each customer” […]

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