PennyArc is a personal finance site covering banking, saving, and everyday money decisions in the United States.
Who runs this site
PennyArc is written and maintained by one person, not an editorial team. Articles carry the byline Nora Ashcroft, which is a pen name — the writer behind it is one individual, and that is stated here rather than left for you to discover. Saying so matters: when a finance site tells you what a bank’s withdrawal limit is, you should know who is accountable for that being right. Here, it is a single individual, reachable at [email protected].
No one here is a licensed financial advisor, CFP, or CPA, and nothing on this site is personalized financial advice. What this site offers instead is a specific, checkable standard for how the facts get established.
How facts are verified
Every factual claim on this site follows the same rule: it comes from the primary source, and the date it was checked is published alongside it.
- Regulations are read from the issuing body — the Federal Reserve, the Federal Register, the CFPB — not from another article’s summary of them.
- Bank terms are read from that bank’s own published page or account agreement, and quoted with the date they were read. Not from a comparison site, and not from memory.
- Survey figures are attributed to the organization that ran the survey, with the sample size where it is disclosed and a note where it is not.
- Where sources disagree, the disagreement is shown rather than resolved silently by picking the most convenient number.
This is the whole basis of the site’s usefulness. Financial rules change and most articles about them are never revisited, so a large share of what ranks well online is quietly out of date. Publishing the check date is how you can tell whether that applies here.
Corrections
If something on this site is wrong, it gets fixed and the correction is noted in the article rather than edited away silently.
Corrections are welcome from anyone, including the institutions written about. Email [email protected] with the article and what is inaccurate. Substantive corrections are made promptly, and the article’s verification date is updated when the underlying facts are re-checked.
How this site makes money
PennyArc may earn revenue from advertising. Advertising has no influence on which products or institutions are covered or how they are described. Where any affiliate relationship exists, it is disclosed on the affiliate disclosure page.
Banks are named in comparisons because their published terms differ in ways worth knowing, not because of any commercial relationship with them.
What this site is not
Not a licensed advisor. Not a substitute for reading your own account agreement, which is the document that actually governs your account. Not a source of personalized recommendations — your situation, tax position, and risk tolerance are not knowable from an article.
For decisions with real financial consequences, consult a qualified professional. For questions about a specific account, the institution holding it is the authoritative source.