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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. Join the Fidelity® Women Talk Money pop-up for access to virtual live events in March, with guests including Jean Chatzky. You'll also get weekly action steps for a healthier financial future. Get started at Brokerage Services LLC Member NYSE, SIPC.

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