Archive for December, 2010
Posted in December 31st, 2010
Bank certificates of deposit accounts are a type of saving account that is virtually risk free. Bank CD accounts are insured by the FDIC which protects the principal invested in a CD up to a maximum limit per account holder. However, like any investment account, along with the benefits there can be hazards with bank [...]
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Posted in December 30th, 2010
BBVA Compass Annouces iPad App for Online Banking. BBVA Compass Bank has added an iPad application for mobile banking. BBVA Compass Banks is not alone in generating applications for new mobile banking and online banking services in 2010 but it is certainly one of the few iPad applications released by banks that are available for [...]
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Posted in December 30th, 2010
Certificates of deposit are low risk investments which allow account holder to obtain higher interest rates than comparable guaranteed fixed interest rate investments. Bank CDs can be one of the best tools to achieve financial stability and maintain a diversified investment base. Before buying a bank CD, prospective investors need to compare the CD interest [...]
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Posted in December 29th, 2010
Online banking has gained popularity over the past decade as consumers have become more comfortable with online banking and have sought out the higher interest rates that can often be found with online bank accounts. There are even some aspects of online banking that have even surpassed that of traditional bank products. Some consumers are [...]
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Posted in December 28th, 2010
WesBanco Bank is offering a new checking account promotion that can earn new checking account holders a bonus of $225.00, but this bank promotion is only good through the end of this year. This is a regional checking account promotion for consumers in the market area served by WesBanco Bank. WesBanco Bank is a large [...]
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Posted in December 28th, 2010
There are a variety of options for investing in bank certificates of deposit. Banks offer a wide variety of CDs that come with different interest rates and varying maturities. The dilemma for the CD investor is choosing the right bank CD with the best CD rate to match their needs. The CD calculator can help [...]
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Posted in December 27th, 2010
When consumers choose a new checking account they have a plethora of options to choose from. Options for checking account shoppers are available from traditional banks as well as from online banks. Not only are their different banks in which to open a new checking account but there are a variety of factors to consider [...]
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Posted in December 27th, 2010
Summary of current bank rate news for December 27, 2010. On Saturday, Dec. 25, China’s central bank announced an increase in the one year bank lending and bank deposit interest rates. The People’s Bank of China said that it will hike the benchmark interest rate by 25 basis points beginning Sunday, which raised the one [...]
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Posted in December 27th, 2010
As the economy shows continued signs of rebounding, stock prices have headed higher and bond prices move lower. Since interest rates move in the inverse direction of bond prices, bond rates moved higher for the week. An increased number of upbeat economic reports have boosted stock prices in December and driven money away from bonds. [...]
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Posted in December 26th, 2010
A certificate of deposit is an investment vehicle with a fixed time period that may be offered by a bank, savings bank or credit union. Certificates of deposit require the investor to deposit a fixed sum of money for fixed period of time with the bank or credit union. The length of time the deposit [...]
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