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Both Series EE savings bonds and I savings bond are safe, low-risk savings products issued by the U.S. Treasury. The biggest difference is the how the interest rate you receive on the bonds is derived. EE bonds earn a fixed rate of return while I bonds earn a combined fixed rate and added adjustment rate
Mile high CD rates can only be found in the state that is home to the mile high city, Colorado. For this bank CD rate evaluation the bank reviewed is in fact named Mile High Banks which is located in Colorado.
Mile High Banks is a Colorado owned full-service commercial bank. Mile High Banks offers personal
A financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions-or until obligations have been fulfilled. Securities, funds, and other assets can be held in escrow.
A check on which the drawer’s signature has been forged.
Business cycles are the “ups and downs” in economic activity, defined in terms of periods of expansion or recession. During expansions, the economy, measured by indicators like jobs, production, and sales, is growing–in real terms, after excluding the effects of inflation. Recessions are periods when the economy is shrinking or contracting.
A bureau of the Treasury Department established in August 1989. OTS has the authority to charter federal Thrift Institutions and serves as the primary regulator of approximately 2,000 federal and state chartered thrifts.
Equity bank has an ad running this weekend in the Dallas Morning News displaying a selection of their CD products. The bank is advertising three separate term CDs, the 12 month CD, 18 month CD and 48 month CD. The rate on the 12 month CD is 2.60%, the rate on the 18 month CD
Labor Department release December 4th, 2008. Unemployment claims.
The U.S. Department of Labor released unemployment claims for the week ending November 29, 2008. The figures were somewhat less than expected but still significantly large numbers.
The Seasonally Adjusted Figures for November 29, 2008:
The advance figure for seasonally adjusted initial claims was 509,000, a decrease of 21,000 from
Measure of the U.S. money stock that consists of currency held by the public, travelers checks, demand deposits, and other checkable deposits including NOW (negotiable order of withdrawal) and ATS (automatic transfer service) account balances and share draft account balances at credit unions.
Any note or other time instrument of indebtedness that has not been paid on the due date.
When shopping for a checking account, make sure that you avoid any headaches you may incur in the future by simply choosing free checking accounts. Banks will use a variety of savvy marketing techniques to get you as a customer. However, these accounts may not always be the best thing for your needs. If you
APY measures the rate of return on an interest bearing asset over a period of one year and is a good tool to measure the best rates between bank savings account, money market account and CD rates. APR measure the cost of borrowing funds over a period of one year and is good tool to
Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance through almost 6,000 stores, the internet and other distribution channels across North America and internationally. Wells Fargo & Company is headquartered in San Francisco. Wells Fargo has $622 billion in assets and 159,000 total team members across
A group of different mutual funds, each with its own investment objective and policies that is structured as a single corporation or business trust.
AmBank is a locally owned bank, chartered in New Mexico in May of 1997. AmBank’s main branch is located in Silver City; the bank has two additional bank branches in Hurley and Bayard. AmBank offers a variety of consumer savings, transactions accounts and loan products.
The banks regular savings account requires a $100.00 minimum deposit upon
A certificate of deposit whose interest is not paid out over time, but is sold at a discount to its face value or where interest is paid at one lump sum when the CD matures.
First Eagle Bank of Illinois is an independent full service bank serving the needs of the community with two bank branch locations. The bank’s two locations are in Chicago and one in Hanover Park, Illinois. The bank was founded in 1985. As of September 30, 2008 the bank had assets of $329,114,016.00, deposits of $290,227,538.00
Balboa Thrift and Loan is headquartered in Chula Vista, CA. The bank offers personal and commercial banking services. The bank was established on December 11, 1980. Balboa Thrift and Loan Association has been FDIC insured since July 3, 1986. The bank is chartered as a Federal Reserve Non-member. Therefore the primary regulator is the Federal
The Great Basin is a large, arid region of the western United States. This basic topographic pattern that defines the region extends from eastern California to central Utah, and from southern Idaho into the state of Sonora in Mexico. It covers most of Nevada and over half of Utah, as well as parts of California,
Security Federal Savings Bank was founded in 1934 in Logansport, Indiana. Security Federal Savings Bank is a community bank providing personal service to individuals and businesses. The bank has been FDIC insured since 1934. Security Federal Savings Bank is one of the few remaining mutually owned banks in the area. This means that the depositors
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