NATIONAL “AMERICA SAVES WEEK” CHALLENGES & WHAT YOU NEED TO KNOW TO PROTECT YOUR MONEY!
BANKING MYTHBUSTERS
Secrets Every Consumer Should Know about Banking
America Saves Week was started in 2007 by the non-profit Consumer Federation of America to encourage consumers to adopt responsible saving strategies and to take a closer look at their finances. With all of the problems that have plagued the banking industry in recent years, this America Saves Weeks is also an opportune time for consumers to review banking services and their own personal financial situation. New rules and regulations have been instituted to protect consumers and more online options have made banking easier than ever. These changes have also produced many myths about the system, so on Feb. 21st we have finance and banking expert John Rosenfield available to shed some light on the many mysteries surrounding the banking industry, and how the rise of online banking options can help consumer literally protect their own “interest.” Rosenfield will also discuss a new survey that sheds light on the banking concerns, fears and customer satisfaction of consumers.
WHAT YOU WILL SEE & HEAR:
CHECKING CHOICES–How to choose the checking account that best fits your finances
DRAFT RELIEF–Consumers spend/waste $17.5 billion annually on overdraft loans
SAVING STRATEGIES–Using the latest software to save & relieve stress
Rosenfeld is Executive VP of Retail Deposits Product for TD Bank, America’s Most Convenient Bank®. Prior to joining TD Bank in 2010, he was Managing Director, Online Engagement for TD Ameritrade. From 2001 through 2009, Rosenfeld served in several key leadership roles at Bank of America, including managing the Checking and Fee Income business, leading the International Treasury Services Group, and managing a division of over 500 banking centers.