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Bitcoin Daily: Anchorage Crypto Startup Sets Up Shop In Sioux Falls; Crypto Scam Steals $900K From Pension Fund

PYMNTS

The South Dakota Trust Charter allows companies to operate on a national level so you can serve clients from every state. And surprisingly, South Dakota is one of the largest holders of institutional assets in the country, more than $3 trillion, according to the FDIC — three times the size of New York, followed only by Ohio.”.

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CIT Bank Savings Connect Review

MyBankTracker

.” CIT Bank’s Savings Connect account stands out in comparison to such savings accounts by offering very high interest rates on your deposit balance — more than 7x the national average. FDIC insured. FDIC Insurance. Even better, the account has little to no fees. Competitive savings rate. No monthly fee.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

million podcasts in the world, you might find it daunting to weed through the lists on Apple Podcasts, Spotify, Google, or other platforms to find the best banking podcasts. Regular, Timely Episodes. Weeding through banking podcasts to find gems. Indeed, with 2.8 keep me informed.

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Bankers and Strategic Bets. A Slow Embrace.

Jeff For Banks

When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. In the above blog post, I discussed Apple and Bank of New York Mellon. Sticking with the Apple theme, in 2007, they launched the iPhone. The iPhone represents 62% of Apple sales. Did I get caught up in the change-or-die crowd?

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Small Banks Vow To Protect Regulations Keeping Retailers And Tech Giants Off Their Turf

PYMNTS

Needless to say, the nation’s small banks and their representatives are less than wholly thrilled. But tech and retail players have worked around this by offering an ever-greater number of financial services — or financial service adjacent-services — like Apple Pay, Venmo and LendingClub.

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PSECU Review: Digital-First Approach With Great Products

MyBankTracker

PSECU offers free mobile banking apps on the Apple iOS and Google Android mobile platforms. Banks have deposit insurance from the FDIC, which insures up to $250,000 per person per account ownership type at each FDIC-insured bank. Deposits held in PSECU are insured by the NCUA and are just as safe as in FDIC-insured banks.

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CIT Bank 2020 Review

MyBankTracker

Why we like it: Earn one of the nation’s top money market rates with no monthly fees. Deposit Insurance Fund (DIF): Protecting Deposits in Addition to FDIC Insurance. CIT Bank Money Market Account. The Money Market Account has no monthly fees and the interest rate on the account is among the best in the market.