The SEC issued a hefty penalty and cease-and-desist order, barring future misleading statements Flagstar Bank, now known as Flagstar Financial, Inc., is required to pay $3.5 million to the Securities ...

A bank statement itemizes all the activity affecting your account over the past statement period, which is usually a month. It also shows what the balance was at the beginning and end of the statement ...

Tracking your income and expenses can help you make prudent financial decisions and feel more in control of your money. Many people turn to bank statements when planning budgets and looking for ...

Bank statements are necessary for loan applications and IRS audits. Store hard copies in a locked filing cabinet or digital copies in an encrypted folder. Banks are required to keep statements for ...

The time you should keep a bank statement depends on what it shows and why you need it. Here’s a simple guide to help you determine the length of time to keep bank statements and canceled checks.