Being a bank customer and navigating everyday financial transactions can bring you into contact with basic banking terms and plenty of financial jargon. Do you know the difference between APR and APY?

Basic bank accounts provide a ‘no-frills’ banking service. Free to open and maintain, this type of current account takes care of basic day-to-day money management such as making and receiving payments ...

A consumer watch dog group released a report Thursday criticizing banks across the state for not doing enough to promote their basic bank accounts. The New York Public Interest Research Group surveyed ...