Similiar Content You Might Enjoy
Repo is the shortened term for repurchase agreement. Repurchase agreements are financial instruments used in money markets and capital markets as a form of overnight borrowing. A repurchase agreement involves a short-term sale and subsequent repurchase of securities by a bank or other financial institution. They are most frequently completed with government securities but other
Prospect Federal Savings Bank was founded in 1909. The bank has three bank branches serving the southwest metropolitan Chicago land area. The bank has branches in Oak Lawn, Worth and Chicago.
Prospect Federal Savings Bank offers an array of consumer bank products and services including; savings accounts, certificates of deposit, money market accounts, N.O.W. checking accounts,
CD interest rates worsened considerably over the past week while most bank rates and Treasury rates remained relatively stable. Greater stability in CD rates may have been expected this week as well since the stock market appears to be shrugging off concerns over European debt issues and dismal U.S economic growth.
The strengthening stock market is
Community State Bank of Orbisonia opened its doors for business in 1951. It is Huntingdon County Pennsylvania’s only locally owned bank. In addition to its main office in Orbisonia, the bank now has five bank branches in the surrounding area.
The Community State Bank of Orbisonia offers several CDs with above average rates including the following
A variable rate agreement, as distinguished from a fixed rate agreement, calls for an interest rate that may fluctuate over the life of the loan. The rate is often tied to an index that reflects changes in market rates of interest. A fluctuation in the rate causes changes in either the payments or
A form of payment that automatically deposits wages or benefits to a customer’s bank account.
A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies.
Washington in the spotlight. While looking at the activities in Washington it is a good time to look at the action on bank CD rates in Washington. WashingtonFirst Bank is a locally owned and operated financial institution. WashingtonFirst Bank provides commercial and personal banking solutions in D.C. area.
WashingtonFirst Bank was founded in 2004. The bank
Simple interest is a very basic way of looking at interest. The various methods used to calculate interest are basically variations of the simple interest calculation method. In fact, your interest – whether you’re paying it or earning it – is usually calculated using different methods The basic concept underlying simple interest
The state of Georgia has a plethora of banks offering short term CDs with interest rates at or above 4.00%. The following list is the best short term CDs in Georgia. To be on the list the bank must be headquartered or have a physical bank branch in the state of Georgia. During this evaluation
The total return of a fund after the effects of taxes on distributions and/or redemptions have been assessed. Funds are required by federal securities law to calculate after-tax returns using standardized formulas based upon the highest tax rates. Consequently, they are not representative of the after-tax returns of most mutual fund shareholders.
A check that a bank has paid, charged to the account holder’s account, and then endorsed. Once canceled, a check is no longer negotiable.
Chevy Chase Bank offers over two hundred bank branch locations and more than 1,000 ATMs. Chevy Chase Bank has bank branches in Maryland, Washington, D.C., Virginia and Delaware. Chevy Chase Bank was acquired by and became a wholly owned subsidiary of Capital One Financial Corporation. The combined banking organization has approximately 1,000 bank branches and over
The last week of November saw the average for all bank certificate of deposit maturities end the month with lower yields along with bank money market account rates and bank savings account rates. With rates starting the year at relatively low levels, there were not very many economists that expected rates to fall further. However,
Unfortunately no. State statutes govern contracts that cover the payment on checks and they indicate that when dealing with negotiable instruments, words prevail over numbers.
In the most recent survey of bank rates conducted by Selectcdrates.com, CD rates inched up slightly, credit card rates held firm and mortgage rates dipped for most home loan products. Bank savings rates and lending rates, this past week, moved in the general direction of the Treasury yield curve.
Treasury rates were modestly higher on the
The November 23rd, 2008 weekend edition of the Charlotte Observer holds this ad from First Trust Bank. The First Trust Bank copy reads, “Strength, Experience, Understanding “. Along with the advertisements information regarding the financial strength of First Trust, the ad promotes the banks 7 month term CD. The CD is offered with an interest
MB Financial Bank has an ad running in the Sunday Nov. 9th, 2008 Chicago Tribune called the safe and secure MB’s money market account. The ad runs with an offer for their bank money market account with a 3.60% interest rate. The minimum balance needed to achieve the 3.60% rate is $25,000.00. Per the ad,
A decline in the value of one currency relative to another currency. Depreciation occurs when, because of a change in exchange rates, a unit of one currency buys fewer units of another currency.