Knowing how long you should keep bank statements depends on your financial needs. It's always a good idea to have them ...

Discover what a bank statement is and why it's crucial for managing your finances. ... you have it on file even if a bank no longer does. How to use bank statements effectively.

Statements are also helpful for other things such as determining proof for payments and donations when you file your state and federal income taxes, says Jeff Rose, a Nashville, Tennessee-based ...

A bank statement is a monthly or quarterly document that summarizes your banking activity. It shows your deposits, withdrawals, fees paid and interest earned.

Worried about pitching documents that they may need at some point, many people decorate a spare bedroom with boxes or large file cabinets stuffed with old bank statements, tax returns and pay stubs.