#banking
Navigate business banking, accounts, and financial services effectively
Amex launched the Graphite Business Cash Unlimited at $295 with 2% unlimited cash back and raised Business Platinum to $895 in 2026. Learn how no preset spending limit affects forecasts, how to book annual fees and 2%–5% rewards correctly, and a framework to compare effective fees, credits, and cash flow before you renew.
JPMorgan Chase Q2 2026: $57.3B revenue (+27.7%) and record $21.2B net income (+41.2%), lifted by a $4.6B Visa gain — tracked in a public Beancount ledger.
A 9-step monthly bank reconciliation checklist that matches your book balance to the bank statement, separates timing differences from journal entries, and uses the divisible-by-9 rule to catch transposition errors in 30 to 60 minutes.
A six-week playbook for moving business bank accounts—inventory every ACH, wire, and payroll rail first; seed the new account to dodge Regulation CC holds; move payroll last with a prenote; and run both accounts in parallel with daily reconciliation before closing.
Mercury, Relay and Novo all offer $0 monthly fees — but they solve different problems. This 2026 guide compares Treasury yield, Profit First buckets, cash deposits, wires, and bookkeeping fit so you pick by workflow, not branding.
Credit union business checking averages about $4.15 a month against $12 to $15 at large banks, overdrafts run roughly $26.61 versus $31.24, and new-auto rates sit near 5.44% versus 7.41% — but federal credit unions may lend only 12.25% of assets to member businesses, so facilities above $500,000 usually still route to banks. A line-by-line comparison of fees, approval odds, membership eligibility, and a 60-day parallel-account switch that does not miss payroll.
A potential 2026 Fed hike would lift prime and SOFR within days, raising payments on variable-rate lines, cards, and SBA 7(a) loans. Learn which loans reprice first, how to stress-test at +50 bps, and what to lock before the next FOMC meeting.
Business bankruptcies hit 24,737 filings in the year through December 2025 and Subchapter V cases jumped about 67% year-over-year in January 2026. This guide explains why filings are rising, how Subchapter V differs from traditional Chapter 11, what the $7.5 million versus $3 million debt limit fight means for eligibility, and the five-number dashboard that surfaces trouble months before a filing.
FV Bank launched a unified fintech platform June 18, 2026 — stablecoin settlement, digital asset custody, and programmable payments in one regulated US bank. Learn how USDT/USDC/PYUSD direct deposits work.
June 24 2026 SAFE Banking reintroduced (38 pages) — safe harbor for banks serving state-legal cannabis, plus loans, debit, and mortgage access.
Fintechs like Mercury and Rho now offer treasury and sweep accounts yielding 3.7%-5.4% on idle business cash, but treasury balances are typically SIPC-insured up to $500,000 while sweep-network balances stay FDIC-insured — a distinction worth understanding before moving six figures.
Nacha's Phase 2 ACH fraud monitoring rule took effect June 19, 2026, requiring nearly every business that originates ACH payments to run a documented, risk-based fraud monitoring process covering account ownership verification, change monitoring, anomaly detection, and audit trails.
