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Bank capital is the ownership interest in a bank. Equity capital represents a bank’s net worth, the difference between its assets and liabilities. It’s the value of assets financed by the bank’s owners, rather than depositors or other sources of funds. The depositor’s funds are liabilities of the bank, not assets, and
The Ottoville Bank Company has been serving the tri-county area surrounding Ottoville, Ohio since 1904. The Ottoville Bank is a full service, community bank dedicated to helping their customers meet their financial needs or goals. The bank has been FDIC insured since January 1, 1934 and the bank became a member of the Federal Reserve
The possibility that a bond’s or bond mutual fund’s value will decrease due to rising interest rates.
Since the Ravens were the best team in their playoff match this weekend it’s only fitting to focus on the best CD rates being offered in and around Baltimore. One bank offering notable yields on their bank CDs is American Partners Bank. The Bank was originally organized in June 2002 and currently has banking services
Interest rates on certificates of deposit were lower for the week ending April 10, 2009. Although CD rates have been on a steady decline throughout the year the rate of decline on bank CD yields was been reduced slightly this week. The longer term maturities saw the smallest reduction in rates. On the longer term
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,
A bankrupt person, firm, or corporation has insufficient assets to cover their debts. The debtor seeks relief through a court proceeding to work out a payment schedule or erase debts. In some cases, the debtor must surrender control of all assets to a court-appointed trustee.
A check drawn on a bank and signed by an authorized bank official. Also known as a cashier’s check.
When the amount of money withdrawn from a bank account is greater than the amount actually available in the account, the excess is known as an overdraft, and the account is said to be overdrawn.
Whether you accumulate your cash in a bank, thrift or a credit union, there are numerous savings options within these financial institutions from which to choose. Checking accounts have a plethora of features to choose from, money market accounts combine the features of checking and high yields and CD rates are paying returns well above
It’s not unusual for your credit card interest rate to jump to 25 or 30 percent if you make a late payment. If you have trouble keeping track of your due dates, consider setting up an automatic payment from your checking account each month.
Community National Bank in Minnesota is an independent, neighborhood bank with locations in Lino Lakes and Vadnais Heights. Community National Bank is a relatively small community bank but offers most all of the services and products found in large regional banks. The bank engages in large commercial financing, SBA loans, business money market accounts as
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.
GMAC Bank is part of GMAC Financial Services. GMAC Financial Services was founded in 1919 as a wholly owned subsidiary of General Motors Corp. GMAC Bank was estabblished in 2001. GMAC Bank is an online bank. As of Dec. 31, 2007, GMAC Financial Services had $249 billion in assets and serviced 15 million customers.
1st Colonial National Bank is a full service bank that provides commercial and consumer financial services to businesses and individuals within southern New Jersey and surrounding areas. The bank’s main office is located in Collingswood, New Jersey. 1st Colonial National Bank offers a variety of core consumer products.
1st Colonial National Bank deposit services include business
The Highlands Bank of Louisiana has 5 convenient branch locations to serve the Baton Rouge market. The main office is located in Jackson, Louisiana. The Highlands Bank provides various financial products and services to individual and corporate customers. The bank offers checking accounts, savings, money market accounts, individual retirement, as well as certificates of deposit.
Consumers searching for a new home loan in Maryland, New Jersey, Pennsylvania, and West Virginia may want to consider the mortgage rates and mortgage loan products of Susquehanna Bank. Susquehanna Bank is the second largest bank based in Pennsylvania and the 80 largest banks in the nation. Consumers can obtain mortgage information from one of
The removal of funds from an account. When money is taken out of an account, this can be by check, ATM, automatic payment or other methods.
Interest rates rise and fall with the general level of other credit based interest rate accounts. US Treasury securities prices and interest rates are likely move much faster and further than bank CD rates. Short term Eurodollar deposit rates will also tend move quickly to credit market changes. CD rates tend to move in a fairly slow
Always keep a watchful eye on the movement of interest rates and inflation. Inflation can erode the value of your savings, especially low yielding short term savings, by devaluing the value of your dollars. Over time, inflation can decreases the purchasing power of investments rather substantially. Find the best CD rates and