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Triple sevens are the winning number often sought out on the slot machine for the big payout but in today’s investment environment triple fives may be the better deal. Here we have three banks offering 5.00% yields on five year CDs in the state of California.
Washington Mutual is offering a 5.00% rate on their five
Bank rates such as CD rates and savings rates often move very slowly to the upside when the general level of interest rates start rising. On the opposite side of the banks interest rate management, it is not unusual for your credit card interest rate to jump to 25 or 30 percent when rates rise
Bank CD rates, mortgage rates and credit card rates were elevated for the week ending February 20, 2015 based on the most recent bank rate survey conducted by SelectCDrates.com. Despite the attention grabbing headline, the interest rate increases for the week were not all that pronounced although they were rather all-encompassing.
As a quick measure of
Susquehanna Bank has a new CD promotion starting in May 2014. The Susquehanna Bank promotion is for an 18 month term certificate with a yield of 1.20%. This bank promotion does not require a checking account commitment or a series of other conditions to be performed by the customer. A deposit of new money is
Yes. National banks are private businesses. No Federal banking law or regulation requires a national bank to open an account.
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.
Saigon National Bank is based in Westminster, California. Saigon National Bank is a locally owned community bank devoted to serving the financial needs of the Vietnamese business community in Southern California. The bank has one location where it provides both consumer bank products and services as well as business products and services.
Saigon National Bank has
First State Bank offers certificates of deposit for as little as $1,000.00. The interest on the bank CDs can compound or be deposited into another First State Bank Account. Interest is compounded daily. First State Bank CD’s renew automatically.
Here is a sample of some the CDs available with the bank:
A 6 month CD that earns
A Certificate of Deposit, more commonly referred to simply as a CD, is a stable and virtually risk free method of investing or saving money over a set period of time. The CD market offers investors a simple method of generating a profit and because the principle sum you invest is almost always FDIC
For Massachusetts consumers willing to keep their funds in a local bank for a term of four years or five years, S Bank based in Weymouth, Ma is currently offering the best CD rates in the state. S-Bank has 4 local bank branches in the South Shore including branch offices in Weymouth, Quincy, East Bridgewater
A debt that was not paid when due.
Bank of Star Valley first opened for business on March 28, 1996. The bank has three bank branches in Afton, Thayne and Alpine Wyoming. Recently, The American Bankers Association named The Bank of Star Valley as one of the “Top Community Banks”. The bank ranked #17 out of 1,982 Non-S banks and thrifts across America
The area in a bank where checks are processed, paid, withdrawals and deposits are posted and interested earned on accounts is credited to those accounts.
The First National Bank of Carmi was established in 1893 and has been FDIC insured since 1934. First Bank is a nationally chartered bank serving six communities with seven locations in Southeastern Illinois and Southwestern Indiana. The primary regulator is the Office of the Comptroller of the Currency (OCC).
First Bank offers a wide range of
From day to day, the amount of reserves a bank wants to hold may change as its deposits and transactions change. When a depositor writes a check against his account, that bank must surrender that amount in reserves to the payee’s bank for the check to clear. Reserves are constantly moving from one
Not necessarily, as a drop in the Federal Funds rate also affects the Prime Rate on which investments as well as debts are based. While a drop in the Prime Rate may be good for adjustable rate mortgage payers and credit card holders, interest rate sensitive investments will also be affected. If you
On Friday, November 21, The Board of Directors of the FDIC approved a final rule to strengthen the agency’s Temporary Liquidity Guarantee Program. The rules are designed to further ease the rigid and apprehensive credit markets. The program is part of the larger bailout program already in place and only effects bank to bank borrowing
An employee of the Comptroller of the Currency whose function is to examine national banks periodically to determine the financial position of a bank and the security of its deposits. The examiner also verifies that the bank maintains procedures consistent with Federal banking laws and regulations.
A period of time that allows the banks to exceed the maximum hold periods defined in the Expedited Funds Availability Act.
Not all savings account and savings investment vehicles are the same. Don’t assume that all savings products that appear to function like a bank deposit are insured by the FDIC. There are many products and companies that offer bank-like services that do not qualify for FDIC insurance. If you want the security of FDIC insurance