Rates Current as of Thursday February 09, 2012

Check Truncation

The conversion of data on a check into an electronic image after a check enters the processing system. Check truncation eliminates the need to return canceled checks to customers.

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What is a tiered money market account or savings account?

A tiered money market account is a bank account that pays different interest rates depending on the balance in the account. Typically, the higher the balance in the account the greater the interest rate that is earned on the account.

Does the federal government insure money market funds?

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Are money market mutual funds guaranteed by any agency?

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A routing transit number (RTN), or routing number, is a nine digit bank code, used in the United States, which appears on the bottom of negotiable instruments such as checks that identifies which financial institution it is drawn upon. You can find the Bank Routing Number and your Checking Account Number within the string

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