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Can’t possibly explain this just yet. Here are the figures from the 4 week or 28 day Treasury Bill auction.
Allocation at the High 82.27%
Offering Amt 30.0 billion Announce Date 12-08-2008
Auction Date 12-09-2008 Issue Date 12-11-2008
Maturity Date 01-08-2009 Dated Date n/a
Auction Format SINGLE PRICE
Total Tendered $128,455,438,500 Total Accepted $32,420,952,400
Issue Date: 12-11-2008
Maturity Date: 01-08-2009
Discount Rate: 0.000
Investment Rate: 0.000
Price Per $100.00: 100.000000
A financial institution has a variety of people who can help you with different banking services. Understanding the jobs of these bank workers will allow you to know who you should talk to when you go to the bank. The customer service representative is often the first bank employee a customer comes in
Peapack-Gladstone Bank is based in Gladstone, New Jersey and provides individual and business banking services in the region. Peapack-Gladstone Bank is a $1.4 billion asset, wholly owned community bank that offers a full range of banking products and services through 23 full-service branches, an online branch and a Trust division, PGB Trust & Investments.
To unbound a piece of real estate from a mortgage.
South Coastal Bank is based in Rockland, Massachusetts and has bank branches in Rockland, Braintree, Scituate, and Quincy. The bank was established on March 30, 1868 under its original name of Rockland Savings Bank and has been FDIC insured since March 2, 1981. South Coastal Bank is chartered as a FDIC Savings Bank; therefore the
West Michigan Community Bank is offering three special term CD rates. West Michigan Community Bank was founded in 1976. The bank’s main office is Hudsonville, MI and they have four additional bank branches in Hudsonville, Jenison, and two in Holland. The bank has total assets of approximately $175 million.
West Michigan Community Bank is part of
Heading into mid-August and odd bank rate behavior continues. Political turmoil has pushed most interest rates lower including those tied to Treasury notes and bonds as well as those for mortgage borrowers. Interest rates have dropped across the board however with rates on bank savings accounts and certificate of deposit accounts moving higher.
Geopolitical turmoil has
Yes, generally a national bank shall make funds deposited by cash available for withdrawal by the next day—or not later than the business day after the banking day on which the cash is deposited. A business day is a calendar day other than a Saturday, Sunday, or a Federal holiday. A banking day
If you maintain a low average balance in your primary checking account, be careful when you use your check card or debit card frequently. Just because the card it works doesn’t mean there is sufficient funds in the account. You can still overdraw your checking account, be cautious when you know your funds are low.
An organization employed by a mutual fund to give professional advice on the fund’s investments and asset management practices also called the investment adviser.
There is no federal law or regulation that requires national banks to cash checks for noncustomers. Most banks have policies that allow check cashing services only for customers who have an account with them in order to protect both themselves and their customers from forgeries. If a national bank cashes a check that
The best bank CD rates available nationally were virtually unchanged for the week ending June 7, 2013. While many bank rates bounced around during the week, a week that delivered the widely watched monthly employment report, bank CD rates showed little energy. The average CD rate measured by the SelectCDrates.com CD rate index was bumped
Before you open an account, banks must provide you with certain disclosures regarding their deposit products. This enables you to make meaningful comparisons among banks. The disclosures must be in writing and in a form you can take home. The bank must disclose information about the following: interest rates, crediting and compounding
Issuers of securities use credit enhancements to raise the credit rating of a security by backing it with the credit of a third party. Credit enhancements, which may include, bond insurance and bank letters of credit, can help lower the risk of default, improve liquidity, and reduce the interest rate that issuers must pay.
A check written by a depositor that has not yet been presented for payment to or paid by the depositor’s bank.
Schuyler Savings Bank is a New Jersey based savings bank that has been offering savings products to consumers for over 80 years. The bank operates two branches, one in Kearny and one in Harrison, NJ. Both offices are full services locations that offer a variety of lending products and savings products including competitively priced NJ
Peoples Community Bank is running a special promotion on their interest bearing checking account. Peoples Community Bank has been reviewed by us with in the last 2 months because of their ranking in the state of Ohio for high interest rate CDs. The account being reviewed presently is a checking account that pays an interest
An account held in the name of a decedent that is administered by an executor or administrator of the estate.
Consumer prices moved higher with a year over year increase of 2.7 percent and the Philadelphia Federal Reserve Bank President, Charles Plosser, commented that the Fed may have to raise rates if the economy continues expand. Yet, bank interest rates moved decidedly lower for the week. While the tea leaves appear to be
Not so long ago if people knew they were about to be coming into some money yet they needed to pay a bill right now, they could do what is known as “floating” a check. This involves writing a check when there actually isn’t enough money to cover the balance, at least at the