Author: Editorial Team

Overview of PNC BankPNC Bank was established in 1804 and along with Citibank and Wells Fargo is part of a select group of large banks that have been operating for well over a century (or in the case of PNC and Citibank, two centuries). The bank’s main office is located in the city of Wilmington in Delaware. The bank currently has total assets of $534.9 billion, total net loans outstanding to customers of $291.4 billion and total customer deposits of $454.5 billion. PNC Bank’s asset size makes it is one of the largest banks in the United States. In addition,…

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Overview of CitibankCitibank was established in 1812 and is one of the oldest banks in the United States and in the world, having been operating for more than 200 years. The bank’s main office is located in the city of Sioux Falls in South Dakota but its operating headquarters is in New York, New York. Citibank is one of the largest banks in Manhattan and also has an extensive international operation. The bank currently has total assets of $1,718 billion, total net loans outstanding to customers of $649 billion and total customer deposits of $1,373 billion. In addition, the FDIC…

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Overview of Wells Fargo BankWells Fargo Bank was established in 1870 and is among just a handful of banks in the United States that have been operating for more than 150 years. It is one of the oldest banks in the country and in the world. Wells Fargo is also one of the largest banks in the United States with a top deposit share in several states, and among the most important banks in the country. The bank’s main office is located in the city of Sioux Falls in South Dakota. The bank currently has total assets of $1,764 billion,…

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Overview of the Bank of AmericaBank of America was established in 1904 and is one of the largest banks in the United States as well as one of the most important banks in the country and in the world. The bank’s main office is located in the city of Charlotte in North Carolina. The bank currently has total assets of $2,513.6 billion, total net loans outstanding to customers of $981.0 billion and total customer deposits of $2,150.3 billion. In addition, the FDIC estimates that 37% of the bank’s domestic deposits are insured. The bank currently has a total employee base…

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Overview of Chase BankChase Bank was established in 1824 and is among just a handful of banks in the United States that have been operating for more than a century. It is also the largest bank in the United States, and one of the most important banks in the country and in the world. The bank’s main office is technically located in the city of Columbus in Ohio, but its main corporate headquarters in New York, New York. Chase Bank has the most dominant position of the banks in Manhattan in terms of its share of deposits. The bank currently…

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Banks in ManhattanThe epicenter of banking is clearly Manhattan given the fact that it is home to Wall Street and the functional headquarters of several of the most important banks in the world and several of the largest banks in the United States. Using data from the FDIC we compiled a list of the 25 largest banks in Manhattan, ranked by their total share of deposits within the market. We used the closest metropolitan statistical area to approximate Manhattan. All of the data showed represents information for New York, Newark and Jersey City. What should be immediately clear is how…

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What is a Routing Number?Your routing number plays a critical role in allowing financial institutions to process transactions coming in or going out of your financial accounts. For the majority of transactions you are likely to engage in, it is not possible for these transactions to be completed without your routing number. From the stand point of every day transactions, you typically need your routing number to send and receive wire transfers, to authorize other types of money transfers or to set up automated transactions such as direct deposits.But behind the scenes, banks, credit unions and other financial institutions use…

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How We Rated The Best Credit Unions in Alaska Alaska is home to 10 credit unions that in total have assets of $13.9 billion, deposits of $12.5 billion and over 918,000 members. In thinking about the best credit unions in Alaska we focused on assessing the active credit unions according to the following criteria: Membership Trends – does the credit union have critical mass of members and has its membership base been growing over the years? Size is an important determinant of scale which is essential in financial services, and especially important for credit unions because they are member-owned (a…

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We created this page to address a lot of the frequently asked questions by users about the Venmo App. This is in addition to other questions we’ve addressed elsewhere such as how Venmo Makes Money, how Venmo Groups work and how to block someone on Venmo. Therefore, as one would expect, the page is organized by question. If you have a question that is not addressed shoot us an e-mail at info@bankdash.com. Can You Venmo Yourself? No, Venmo users cannot Venmo themselves. We suspect there is confusion related to the fact that there is a ‘Venmo Me’ tab on the…

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Venmo Groups – Brief HistoryVenmo Groups was launched in beta in 2015. The original idea behind this feature was to allow users to create Venmo accounts for their group or club, in turn facilitating group payments.This would help further Venmo’s mission of connecting the world and empowering people through payments. Venmo Groups was only ever in beta and so its availability was limited to a select number of users. This was an interesting feature that clearly had value so we created this page to answer questions Venmo users might have about Venmo Groups.How Do Venmo Groups Work?Each Venmo Group has…

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