Trying to avoid government reports by splitting a large cash deposit into smaller ones can get you in serious trouble. Here's ...

A transaction account is a bank account that provides individuals with immediate access to money. Transaction accounts have full liquidity to pay bills and make everyday purchases. A common type of ...

Hopefully, we'll all learn something. First, banks do not process each individual transaction (deposit or withdrawal) as it happens. As transactions come to the bank during the day, they are collected ...

Learn about reservable deposits, their role in banking, and how they affect you; covering Federal Reserve requirements, ...

In 2008, in the midst of a financial crisis, federal regulators extended bank deposit guarantees beyond the statutory $250,000 limit to cover all “transaction,” or checking, deposits. Later codified ...

If your bank flags a deposit as suspicious, here's what to expect and how to make sure your funds don't get stuck or delayed.

As a lending lawyer for more than a quarter century at this point, I have seen that deposit accounts and deposit account control agreements are a routine component of virtually every transaction.