Ally Bank, for example, states that personal accounts cannot be used for inventory purchases, payroll expenses or business transactions—and warns that it reserves the right to close your account ...

A bank account that’s convenient, charges few fees and pays decent interest can make all the difference as you build a solid financial foundation. Everything you need to open a bank account.

A payable-on-death (POD) bank account simplifies and speeds up the process of transferring the assets in your bank or credit union accounts to one or more beneficiaries. Here’s a closer look at ...

When selecting a bank account, it’s crucial to assess your financial habits and needs. If you frequently withdraw cash, a checking account with a wide ATM network might be ideal.

So if you have a joint bank account with a partner and something happens to your funds at the bank, you could be covered up to $500,000. Joint accounts can include: Checking accounts ...

The best bank account bonuses offer extra cash as incentive to draw in and keep customers. Learn more about the top offers available today and get the most out of your banking experience.

Banks close accounts for inactivity, negative balances, overdrafting, suspicious activity, and account-agreement breaches. Here’s what you can do if it happens to you.

"If a bank closes your account, it isn’t required to notify you, so you might not receive a notification informing you of the closure," reported CNBC Select, ...