U.S. equity markets closed the week on a decidedly positive note, with the S&P 500 up approximately 2.4%, marking its best weekly gain since June. The Nasdaq surged nearly 3.9%, reaching another record high, while the Dow Jones and Russell 2000 also posted gains of around 1.3% and 2.4%, respectively.

Both community banks and credit unions are popular alternatives to big national banks. There are, however, a number of important differences relating to their structure, rates, insurance, services, security, and accessibility that those considering switching banks should know about.

U.S. equity markets reversed course last week, pulling back sharply after a string of record highs. The S&P 500 declined 2.4%, the Dow fell 2.9%, and the Nasdaq shed 2.2%.

Do you find keeping track of your savings balance across multiple banks exhausting? It may be time to choose a primary bank.

U.S. equities continued to mark new highs last week as markets digested a fresh wave of trade news, early earnings season takeaways, and economic signals of a transition from cyclical strength toward soft-patch territory.