Browsing Tag

financial institutions

IRS Bank Account Information

COLUMBUS, Ohio (WKBN) - Ohio Treasurer Robert Sprague joins other state treasurers across the country to fight a Biden administration plan that rrequire financial institutions to turn over account information to the Internal…

Do we still need the banks?

As part of my job last month, I met a young woman in her thirties who needed my help in resolving a contentious transaction between her account at the financial institution where I work and a system of online savings account. I…

What is the FDIC?

The Federal Deposit Insurance Corp., an independent federal agency, performs several functions. But arguably his most important job is to insure the money you have deposited in an FDIC member bank. The FDIC generally insures a…