In the last two weeks, we have seen the two worst single-day drops in the history of the Dow Jones Industrial Average (DJIA). However, on Wednesday, the Dow also saw its best day since 1933, with a 13% rise. Did the stock market already hit bottom? Unlikely. America is unofficially, but undoubtedly in a recession. […]

According to a recent survey by the FDIC, 25% of U.S. households are unbanked or underbanked. Unbanked households have no bank account at all. Underbanked households have a bank account, but they still use financial services outside the banking system to make ends meet, such as payday loans. If you’re one of the millions of […]

Routing numbers have been integral to the banking industry for more than a century. They streamline the exchange of money, enabling you to set up a direct deposit or easily send money to a friend. Just as the rise of debit cards lowered the popularity of checks, wire transfers are now facing competition from digital […]

Have you reached a point in life where you are ready to share a financial account with another person? Maybe it’s a business partner, a friend, a romantic partner, or a child. If so, opening a joint account may be the right move for you. However, before you do so, there are some risks and […]

Founded in 2000 as a digital bank, Axos Bank has since grown into a full-fledged, tech-based financial services company. It serves individuals, businesses, and institutions. A key benefit of this bank is that it incurs lower overhead costs compared to traditional banks. This results in more favorable rates, terms, and fees for their customers. Axos Bank’s products include: […]