05-25-2018  7:52 am      •     
The Skanner Report
  • 1
  • 2
  • 3
  • 4

NEWS BRIEFS

Attorney General Forms Hate Crime Task Force

The task force will study hate-motivated crimes and review existing legal protections for victims ...

Portland Art Museum Celebrates Art Museum Day with Free Admission on May 25

Portland Art Museum joins art museums across North America, with great works of art and public programs ...

June Key Delta Community Center Hosts May Week ’18 Health Fair May 26

Event includes vision, glucose screenings, medication disposal and car seat installation ...

Mississippi Avenue Giving Tuesday

On Tuesday, May 22, 10 percent of proceeds from participating Mississippi Ave. businesses will go to SEI ...

The highest-paid CEOs by state

Here are the top-paid CEOs by state for 2017, as calculated by The Associated Press and Equilar, an executive data firm.The survey considered only publicly traded companies with more than jumi billion in revenue that filed their proxy statements with federal regulators between Jan. 1 and April 30....

Douglas County suspends recycling service due to Chinese ban

ROSEBURG, Ore. (AP) — The Douglas County Landfill and transfer stations, along with its recycling partner, will be suspending all recycling efforts in the county.The News-Review reports that the operations will be suspended June 1. The Douglas County Public Works Department in a statement...

The highest-paid CEOs by state

Here are the top-paid CEOs by state for 2017, as calculated by The Associated Press and Equilar, an executive data firm.The survey considered only publicly traded companies with more than jumi billion in revenue that filed their proxy statements with federal regulators between Jan. 1 and April 30....

NFL players, coaches grapple with new anthem policy

RENTON, Wash. (AP) — Seahawks coach Pete Carroll wanted to be talking about football matters — Seattle's recommitment to the run game, the addition of two new coordinators, almost anything to do with what happens between the lines.Instead, the league's oldest coach has spent the past...

OPINION

Racism After Graduation May Just Be What's on the Menu

Dr. Julianne Malveaux says that for our young millennials, racism is inevitable ...

Prime Minister Netanyahu Shows Limits of Israel’s Democracy

Bill Fletcher, Jr. on racial politics in Israel and Prime Minister Benjamin Netanyahu’s uneven treatment of African immigrants ...

Golfing While Black Is Not a Crime

Grandview Golf Club asks five Black women to leave for golfing too slow ...

Discovering the Best of Black America in 2018

Dr. Benjamin F. Chavis discusses the DTU Journalism Fellowship & Scholarship Program ...

AFRICAN AMERICANS IN THE NEWS

Students hand back in yearbook after racial slur is pictured

SAVANNAH, Ga. (AP) — Students at a coastal Georgia high school are being asked to hand back in their yearbooks after a racial slur made for some bad memories.The Savannah-Chatham County school district tells news outlets that the publisher has recalled the Windsor Forest High School yearbook...

Column: Jack Johnson's biggest crime was being black

Jack Johnson's biggest crime was being an unrepentant black man who beat up white men for a living.High-flying and flamboyant, he refused to live by the unwritten rules of American society in the early 1900s. That made him a target, and that eventually cost him his freedom after being convicted of...

Rachel Dolezal accused of welfare fraud after race scandal

SPOKANE, Wash. (AP) — A former NAACP leader in Washington state whose life unraveled after she was exposed as a white woman pretending to be black has been charged with welfare fraud.Rachel Dolezal, who legally changed her name to Nkechi Diallo in 2016, was charged this week with theft by...

ENTERTAINMENT

Daniel Craig to return as 007 in 2019, Danny Boyle at helm

LOS ANGELES (AP) — Daniel Craig is back as Bond, the spy series' producers confirmed, in a Danny Boyle-directed film due for release in 2019.Bond producers Michael G. Wilson and Barbara Broccoli of EON Productions announced Thursday that production on the 25th official James Bond thriller...

Rose McGowan on Weinstein: 'One win is a win for all of us'

NEW YORK (AP) — She was one of the earliest Harvey Weinstein accusers, and she thought the mogul might never face justice in a court of law.Now, actress Rose McGowan, who has accused Weinstein of raping her 20 years ago, is gratified but "still in shock" at his surrender Friday in a...

Morgan Freeman apologizes in wake of harassment accusations

Oscar-winning actor Morgan Freeman apologized on Thursday to anyone who may have felt "uncomfortable or disrespected" by his behavior, after CNN reported that multiple women have accused the A-list actor of sexual harassment and inappropriate behavior on movie sets and in other professional...

U.S. & WORLD NEWS

In Gaza, border opening brings relief and anxiety

RAFAH BORDER CROSSING, Gaza Strip (AP) — Just after daybreak, Hamed al-Shaer came down the narrow stairway...

For CEOs, .7 million a year is just middle of the pack

NEW YORK (AP) — Chief executives at the biggest public companies got an 8.5 percent raise last year,...

Explosion at Indian restaurant in Canada wounds 15 people

TORONTO (AP) — An explosion caused by a homemade bomb ripped through an Indian restaurant where children...

The Latest: Syrian army warns Daraa rebels of nearing attack

BEIRUT (AP) — The Latest on the situation in Syria (all times local):6 p.m.Syria state-run media says...

49 dead after boat capsizes on Congo River tributary

KINSHASA, Congo (AP) — Congolese officials say at least 49 people have died after a boat tipped over on the...

Explosion at Indian restaurant in Canada wounds 15 people

TORONTO (AP) — An explosion caused by a homemade bomb ripped through an Indian restaurant where children...

By Melanie Hicken





Are non-physical branch online banks with higher interest rates trustworthy? -- Thuy, San Jose, Calif.

With low interest rates making it a difficult time for savers, opting for one of their branchless counterparts can seem pretty appealing.

The lack of overhead costs for things like branches and tellers means that online banks can afford to offer higher interest rates on savings and money market accounts -- albeit these annual rates are still paltry, typically ranging from 0.6 percent to 1 percent, according to Bankrate.

Internet-only banks offer customers further savings by charging fewer fees than their brick-and-mortar competition. For example, branch-free Ally Bank lets you use any ATM for free.

And while there are some tradeoffs to switching to an online bank, security isn't one of them.

"Brick-and-mortar banks give an appearance of safety, but they are no safer," said Deana Arnett, a Manassas Va.-based financial planner.

In order to protect your money and personal information, be sure to follow these rules when banking online.

Make sure deposits are federally insured. The Federal Deposit Insurance Corporation protects your money in case your bank fails. Currently, the FDIC will protect up to $250,000 in deposits for each account holder.

Check the bank's website to see if it's insured by the FDIC or you can use the agency's BankFind web tool. In addition to listing a bank's FDIC status, the database includes information on its history and links to its latest financial information.

Beware of copycats. Just because it looks like a popular bank's website doesn't mean it's safe. Scammers will often attempt to trick you through sites that mimic those of real financial institutions.

The FDIC advises that you always make sure you've typed the correct web address before going through with any transaction. And never click on a link within an email since scammers often send fraudulent messages attempting to get your personal information, Arnett said.

Lock out identity thieves. Whenever you use online banking tools, regardless of whether it's through a physical or online-only bank, you should make sure your bank is encrypting your information. Look for a lock or key icon in the web address window of your Internet browser.

You should also carefully craft a banking password that can't be easily guessed by identify thieves. In addition, it's a good idea to use one that's unique from those used for other accounts, such as your email, and to change it regularly.

As long as you follow all these steps, you can bank online in confidence, said Arnett.

"It's a nice world in which to do banking," she said. "You just have to think a little differently."

Oregon Lottery
Calendar

Photo Gallery

Photos and slide shows of local events

The Skanner Report

repulsing the monkey