Rates Current as of Friday February 10, 2012

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 is a business day during which an office of a bank is open to the public for substantially all of its banking functions. This holds true if the deposit is made in person to an employee of the bank.

This entry was posted on Saturday, October 11th, 2008 at 9:06 pm and is filed under FAQs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

No user commented in " Can the bank place a hold on deposits made in cash? "

Follow-up comment rss or Leave a Trackback

Similiar Content You Might Enjoy

What does FDIC deposit insurance cover?

FDIC insurance covers deposits received at an insured bank. Types of deposit products include checking, NOW, and savings accounts, money market deposit accounts or MMDAs, and time deposits such as certificates of deposit or CDs.

Closed-End Fund

A type of investment company that has a fixed number of shares which are publicly traded. The price of a closed-end fund share fluctuates based on investor supply and demand. Closed-end funds are not required to redeem shares and have managed portfolios.

Beneficiary

A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract.

Don’t Let Bank Errors Slip BY

Bank errors not in your favor. Don’t draw the erroneous conclusion that your bank is so quality control driven that they are beyond making mistakes in your monthly checking account statement, savings account or money market account. Always balance your checking account monthly and check any bank fees charged. Bank savings account and money market

CD Rates, Bank Rates and Treasury Rates March 1, 2010

As the last week of February drew to a close, Treasury rates made a rather significant move lower. The one year Treasury rate started the week of February 22nd at 0.39% and closed the week at 0.32%. The two year fell from 0.95% to 0.81%, a stunning 14 basis points or 14/100 of a percent

Bank of Eastern Oregon Branch Arlington

Bank of Eastern Oregon Branch Arlington 325 on the Mall Arlington, OR 97812 Bank of Eastern Oregon Phone Number: (541) 454-2636 Bank of Eastern Oregon Hours of Operation: Monday-Thursday: 9 a.m. – 4 p.m. Friday: 9 a.m. – 5 p.m. Drive Up Hours: Monday-Thursday: 8:30 a.m. – 4 p.m. Friday: 8:30 a.m. – 5 p.m. To find more banks in Oregon see the

CD Interest Rates February 15, 2010

CD interest rates continued to slide further in 2010. The average interest rate on bank CDs available nationally was down slightly on all maturities for the week ending February 12, 2010. The rate activity among the best bank rates, however,was comparatively modest in light of the across the board drop in the average rates. The selectcdrates.com

Credit

The promise to pay in the future in order to buy or borrow in the present. The right to defer payment of debt.

CD Interest Rates November 13, 2009

Bank certificate of deposit rates for the week ending November 13, 2009 were lower for all maturities with the exception of the five year term bank CD. The greatest CD rate reductions were on the mid term, two year bank CDs with the short term rates experiencing only a mild decrease in the average interest

Billing Date

The month, date, and year when a periodic or monthly statement is generated. Calculations have been performed for appropriate finance charges, minimum payment due, and new balance.

The Best CD Interest Rates October 10, 2011

CD interest rates continue to plunge as banks remain awash with reserves and investors flock to the safety of U.S. Treasury bonds. CD interest rates have suffered from a number of fronts including the biggest force coming from the Fed’s position in 2011 to drive bank rates down in an effort to help the housing

Individual Retirement Account (IRA)

A retirement savings program for individuals to which yearly tax-deductible contributions up to a specified limit can be made. The amount contributed is not taxed until withdrawn. Withdrawal is not permitted without penalty until the individual reaches a specific age.

Credit Markets Improve, CD Rates May Drop

The rates on banks lending to banks have been coming down measurably worldwide as central banks efforts to ease credit constraints are starting to show results. World banks have been cutting interest rates and pouring funds to their economies and financial system to increase lending activities and avoid a banking meltdown. The Federal Reserve’s action

Diversification

The practice of investing broadly across a number of securities to reduce risk.

Noninterest Income

Net income for a bank that is not derived by interest earned on loans and assets. Noninterest income may include check collection fees, monthly service charges on deposit accounts, cash management services and fees from bank credit cards and consumer loans.

Bank CD Rates and CPI, September 16, 2009

The key news for today is the monthly CPI or inflation figures produced by the Bureau of Labor Statistics within the U.S. Department of Labor. Today’s announcement showed that the CPI increased by 0.4% for the month of August. Without the volatile food and energy component, the CPI increased by 0.1%. For July, the aggregate

Online

Refers to a system that allows for current access to account status and transaction details, and the entry of tranfer and other instructions using computer terminals, often via the internet.

Nevada Bank CD Rates at Nevada Bank and Trust

In comparison to most CD accounts offered in the state of Nevada, Nevada Bank and Trust offers very competitve rates and terms. Nevada Bank and Trust is a small town community bank offers personal service and competitive products. The banks main office is located in Caliente and there are nine additional bank branches serving the

Massena Savings and Loan

Massena Savings and Loan has been in operation for over 75 years in New York state. Massena Savings and Loan serves the people of the North Country New York including Massena, New York and its surrounding communities. Massena Savings and Loan has been FDIC insured since October 14, 1949. The bank was established on January

CD Rates and Credit Card Rates Hold While Mortgage Rates Rise January 23, 2012

The equity markets have started 2012 on a very upbeat note which is putting some pressure on interest rates to finally move higher. As the week ending January 20th came to a close, mortgage rates worsened by a good margin while CD rates and credit card rates were kept in a holding pattern. The stress

CD Rate Updates

CD Interest Rates Mildly Lower January 30, 2012

In the most recent survey of bank CD rates conducted by Selectcdrates.com, CD rates slumped slightly compounding last week’s similar dip. The average yield on the Selectcdrates.com CD rate index moved down to 1.081 percent from an average rate of 1.087 percent found in the previous rate survey. The Selectcdrates.com index covers the top ten [...]

CD Interest Rates Hold Steady January 23, 2012

CD rates remained relatively stable in the most recent survey of the top national CD rates. The average CD rate, as measured by the rates on the best three month, six month, one year, two year and five year CD rates, was unchanged from the previous week. The Selectcdrates.com weekly CD rate survey showed the [...]

CD Interest Rates Display Little Change January 16, 2012

The best CD interest rates available were little changed over the past week. Based on the most recent survey of bank CD rates performed by Selectcdrates.com, the average CD rate gave up less than one basis point or 1/100th of a percent week over week. The average CD rate on the highest three month CDs, [...]

Banking & CD FAQs

Why are money-market funds always priced at $1 per share?

It’s an accounting fiction. Money-market funds are just short-term bond funds. Although the target price for each share is $1, a bond might be at 0.998 cents on the dollar while another is at 1.00123 cents, and it all balances out to $1 per share.

What are leading indicators and what are they used for in financial markets?

An indicator is anything that can be used to predict future financial or economic trends. A variety of public and economic statistics published by accredited sources such as U.S. government departments are indicators. Popular indicators include unemployment rates, housing starts, inflationary indexes and consumer confidence. Leading indicators are obviously types of indicators used

How Do Interest Rates Affect the Economy?

Lower interest rates make it easier for people to borrow in order to buy cars and homes. Purchases of homes, in turn, increase the demand for other items, such as furniture and appliances, thus providing an additional boost to the economy. Lower interest rates mean that consumers spend less on interest costs, leaving them with

What is the Fed Funds rate and how is that determined?

The Fed Funds rate is the rate that one depository institution charges another for overnight funds that are available from excess reserves. The Federal Reserve does not set this rate, but does establish a target. The target is essentially manipulated by using various tools of monetary policy such as; open market operations, discount

Best Rates on CDs
Best Interest Checking Account Rates

Discover Bank IRA CD Rates

Emigrant Direct
Sallie Mae Savings

Bank Deals
Checking Account Promotions
Chase Bank Promotions Bank of America Promotions
Capital One Promotions
Citibank Promotion

Second Chance Bank Account
Online Checking Accounts Roth IRA Accounts

Best Credit Card Rates Low Interest Credit Cards Business Credit Cards Credit Cards with Cash Back Credit Card Applications
Best Credit Card Offers
Low Interest Rate Credit Cards
Credit Cards for Bad Credit

Best Prepaid Cards
Chase Bank Credit Cards
Chase Credit Card Offer Chase Freedom Card
Chase Credit Card Interest Rates
Wells Credit Cards
Apply for Citibank Credit Card
Citicreditcard
Student Citi Card
Citibank Dividend Card Balance Transfer Credit Card HSBC Bank Household Bank Credit Card

Personal Checking Account
Bank Certificates of Deposit
Compare Savings Accounts
Setting Up a Bank Account Online Bank Services
Bank Information
Open a Bank Account
Bank Money Markets
Bank IRA Accounts

Mobile Banking Online Banking

CD Ladder
CD Loan

Best Checking Accounts

Senior Checking Account

Car Loan Rate

Business Checking

Online Brokers

----------Calculators ---------

Savings Account Calculator
Compound Interest Calculator
Mortgage Payment Calculator

About Us | Contact Us | Privacy Policy

Can the bank place a hold on deposits made in cash?

No user commented in " Can the bank place a hold on deposits made in cash? "

Leave A Reply

CD Rate Updates

Banking & CD FAQs

Bank & CD Tips