Banks are relying more on brokered CDs as consumers shifted money out of low-interest accounts, FDIC data indicates
Consumers move to interest-bearing accounts; banks increase funds for brokered CDs.
9 min read
Jun 26, 2024
Marc Wojno, MBA
Former Senior Editor, Banking
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25+Years in financial journalism
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10+Publications — from newswires and newsletters, to print magazines and online news outlets
EXPERTISE
- Wealth management
- Savings accounts
- Certificate of deposits
- Money market accounts
EDUCATION
- MBA in Information Systems and International Finance, The George Washington University
- Bachelor of Arts in Media Communication and Computer Science, The George Washington University
Marc Wojno is a former Bankrate finance editor and writer with more than two decades of experience editing and writing across a variety of news platforms including newswires, newsletters, magazines and online news sites. Marc has worked for such nationally recognized media organizations as The Kiplinger Washington Editors (publishers of Kiplinger’s Personal Finance magazine), U.S. News & World Report and Dow Jones. Before joining Bankrate, Marc was Senior Editor at CNET Money and Senior Editor of Finance for ZDNet, where he wrote and edited news articles and features on a variety of topics including banking, blockchain, credit cards, cryptocurrency, fintech, home equity, investing and taxes.
Marc has been featured as a personal finance expert in numerous local print, radio and television outlets throughout the country, including in such major markets as New York City, Chicago, San Francisco and Washington, D.C. He received both his BA in radio and television communication and computer science, and his MBA in international business and information systems, from The George Washington University. He’s also a member, and former Board of Governor, of The National Press Club, and a member of SABEW and Treasurer of the Society of Professional Journalists’ SDX Foundation (Washington, D.C. chapter), raising scholarship money for aspiring young journalists.
Outside the realms of journalism and finance in the digital world, Marc enjoys solace in the analog, keeping all things past and present alive and well. A passionate film and music aficionado, Marc can be found around town enjoying live concerts and plays, spinning vinyl, threading reel-to-reel tapes, shooting film with his 16mm Bolex and hosting pub quizzes at the Press Club.
Marc beyond Bankrate
Managing your personal finances need not be an arduous, daunting or even a taboo task. With the right knowledge, financial tools and resources, you can take charge of building your wealth. Just take it step by step.
— Marc Wojno, MBA
Marc's latest articles
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Split direct deposit: a simple way to save more money
Split direct deposit is a simple way to painlessly boost your savings.
3 min read May 06, 2024 -
Can you write checks from a money market account?
Learn why some banks have limits on how many checks you can write.
3 min read May 06, 2024 -
Bank overdraft protection: Do you need it?
Overdraft protection can be a helpful and convenient tool to avoid paying a steeper overdraft fee.
3 min read May 02, 2024 -
Can someone open a bank account in your name?
If you’re unsure whether you have an account you didn’t agree to open, take action now.
4 min read May 02, 2024 -
What should I do with Series E savings bonds?
Now might be the time to dust off those paper bonds and cash them in. Here’s what you need to know.
3 min read May 02, 2024 -
What is overdraft protection?
If you overdraw your account frequently, then overdraft protection could be a good way to avoid hefty overdraft fees.
4 min read May 02, 2024 -
How to switch to a new bank or credit union
Switching banks can be complicated. Here’s your checklist to success.
6 min read May 01, 2024 -
Cashing old checks: How long is a check good for?
There’s a right way to handle old checks. The wrong way can cost you.
3 min read May 01, 2024
