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Interest rates play a significant role in banking, personal investing and the overall condition of the economy. Regardless of whether rates are heading higher or lower, they will have a measurable impact on most all investments and the economy. Determining the cause of interest rate movements is a science that has few masters.
The National Bank of Georgia is Georgia based bank headquartered in Athens, Georgia. The National Bank of Georgia has two offices, one in Athens and one in Gainesville. The bank first opened for business in 2000.
The National Bank of Georgia offers a full range of financial products and services to meet a variety of personal
A better than expected monthly jobs report pushed bank rates higher going into the Independence Day holiday weekend. The monthly jobs report which is released on the first Friday of the month (with the exception of holidays) is often a big catalyst for bank rates in one direction or the other. Surprise figures can be
Bank savings and lending rates were mixed for the week ending July 25, 2014. The top bank CD rates were next to unchanged over the course of the week, Treasury rates were slightly higher on the short end of the curve and lower on the long end of the curve, and mortgage rates closed out
Farmers National Bank of Lebanon is a full service intrastate bank that has been serving customers of the Lebanon and Marion county area in Kentucky since 1890. The bank offers sensible financial services to thousand of customers. The bank has two bank branch locations to serve its customers. The main office is Main Street in
A deposit that can be withdrawn at any time without advance notice. The most common type is the checking account. Bank demand deposit drafts or checks are considered negotiable instruments as defined by the Uniform Commercial Code.
Even after the stunning drop in fed funds rate and the continuing reduction in treasury rates, solid CD rates can still be found. One such find is the stellar rate found at Nova Bank, a Pennsylvania state-chartered savings bank. Nova Bank is offering a 24 month term CD that has an interest rate of 4.00%.
Bank savings rates and lending rates were mostly lower for the week ending August 19, 2011. As this past week unfolded, Treasury rates moved consistently lower and bank savings rates and lending rates followed closely behind. By the time the week came to a close, Treasury rates ended measurably lower than where they started however;
Historically low rates on bank CDs continued again this week. Although CD interest rates were little changed by the close of the week, there were no CD terms that displayed an increase in rates and some terms ended with a mild decrease. While CD rates remain quite low, there is a wide discrepancy
Solon State Bank is a full service commercial bank. The bank was opened in Iowa in 1932. The bank has three branches in Iowa, in Solon, Tiffin and Ely. Solon State Bank has been FDIC insured since January 1, 1934. The bank is chartered as a Federal Reserve Non-member. Therefore the primary regulator is the
CD accounts are beneficial for consumers who want to earn higher rates of interest for specific terms. In the quest for the best CD rates in California, a small bank in Mendocino County stands out. The Savings Bank of Mendocino County has been in the banking business since 1903. The bank has a wide variety
A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies.
Yes. You can open individual and joint CD accounts with different banks. If the accounts do not exceed the FDIC insurance coverage, you can open CDs under individual names and joint names in the same bank as well. FDIC insurance will not preclude you from having multiple CDs or any other accounts with
The top mortgage lenders in South Carolina are listed with a summary of the home loan programs available in SC, the locations and mortgage lender contact information. The list includes the largest mortgage lenders operating in South Carolina. Mortgage loans covered by the mortgage companies includes fixed rate mortgages, adjustable rate mortgages, FHA mortgages in
Pathfinder Bank of Oswego, New York offers the best short term CD rates in the state. The bank is running a promotional special on a 5month terms CD and a 13 month term CD. The 5month CD has an interest rate of 4.07% and an APY of 4.15%. The 13 month CD has an interest
Platinum Bank is a Florida bank that was established in December 1997. The bank is headquartered in Brandon, Florida with branches in Lakeland, Tampa, Plant City, and Winter Haven, Florida. The bank’s primary market area consists principally of Hillsborough and Polk counties and the surrounding areas.
Platinum Bank’s business strategy is to cater to consumers, professionals,
Compound interest makes a distinction from simple interest due to the reinvestment of interest factoring into the rate of return. Compound interest is the method of calculating the rate of return by adding accumulated interest back to the principal investment, so that interest is earned on both the original principal and the interest as it accumulates. The more frequently the interest
First Community Bank has a healthy selection of high yielding CD accounts. The two year CD offered by the bank is the best CD rate in Ohio. The bank offers the two year CD with a rate of 4.67% and a 4.75% APY. The minimum balance for this account is $5,000.00. First Community Bank is
A bank CD’s fixed rate makes it an investment that is immune to market fluctuations. Once an investor is confident that the stability and returns provided by a bank CD is the right choice, the next step may be to select the right bank to hold the CD funds. Deciding where to put hard earned
Bank rates tumbled modestly for the week ending July 29, 2011. Unfortunately, CD interest rates absorbed a significant portion of the reductions seen in bank rates this past week. The reduction in CD interest rates may appear relatively mild but when evaluated based on the existing low levels of bank CD rates; the interest rate