Save Banking

HerMoney Podcast: Is Your Bank a Friend or Frenemy with Lisa Servon (Episode 123)

Jean Chatzky  |  August 22, 2018

Do you trust your bank? This week, we're diving into all your feels around our country's banking system with UPenn's Lisa Servon.

This week’s big question: Do you trust your bank? Since 2008, the answer for many Americans has been … not so much. We’re diving into all your feels around our country’s banking system with UPenn’s Lisa Servon, author of “The Unbanking of America: How the New Middle Class Survives.” We discuss her take on banks large and small and why more Americans continue to flee traditional ones for both credit unions and fintech alternatives.

In Mailbag, we answer your questions on catch-up strategies for retirement savings and whether buying your first (or second) home in your 20s is a viable investment strategy. And we wrap with a little econ talk. The U.S. economy kicked into high gear this spring, but will it last? Stay tuned….

This podcast is proudly supported by Fidelity Investments. You work too hard for what you earn to let it sit on the sidelines. Let Fidelity show you how to demand more from your money. Learn more at Fidelity.com/HerMoney. Fidelity Brokerage Services LLC Member NYSE, SIPC.

Editor’s note: We maintain a strict editorial policy and a judgment-free zone for our community, and we also strive to remain transparent in everything we do. Posts may contain references and links to products from our partners. Learn more about how we make money.

Next Article: