Rates Current as of Wednesday February 08, 2012

Collateral

Property that is offered to secure a loan or other credit and that becomes subject to seizure on default.

This entry was posted on Saturday, October 11th, 2008 at 6:25 pm and is filed under Glossary. 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 " Collateral "

Follow-up comment rss or Leave a Trackback

Similiar Content You Might Enjoy

I am trying to decide whether to open a savings account or a CD. Which type of account is better?

There is no right answer to this question. Generally, a CD will pay a higher interest rate than a savings account. CDs have penalties for early withdrawal, which restricts access to your money. A high yield savings account will limit the amount of withdrawals that can be made each month; however, any

Does the federal government insure money market funds?

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Correspondent Bank

A bank that accepts deposits of and performs banking services for other depository institutions.

Top CD Rates in Alaska

Alaska is the largest U.S. state by area and 48th by population. Though the climate in Alaska can be brutally cold, there are banks in Alaska that are offering red hot CD rates to help compensate for the chill. One bank in Alaska with above average CD rates is Alaska Pacific Bank. Alaska Pacific Bank

Best CD Rate California

CD rates in California have fluctuated notably since the start of 2009. With drop in long term CD rates and the short term rates returning anemic yields, some of the best opportunities can be found in the mid range of CD terms. One opportunity in this range is the 18 month CD being offered by

VA CD Rates at Bank of the James

Bank of the James opened its doors in 1999 and was organized under the laws of the Commonwealth of Virginia to engage in retail and commercial banking business. Bank of the James is a locally owned community bank and serves individuals, small and medium sized businesses and professionals in central Virginia. The Bank’s services include

How do the fake check bank scammers find their victims?

Fake check scammers scan newspapers and online advertisements for people listing items for sale, and check postings on online job sites from people seeking employment. They place their own ads with phone numbers or email addresses for people to contact them. And they call or send emails, letters, or faxes to people randomly, knowing

Load Fund

A fund that imposes a one-time fee, either when fund shares are purchased (front-end load) or redeemed (back-end load), or a fund that charges a 12b-1 fee greater than 0.25 percent.

Inflation

A rate of increase in the general price level of all goods and services. This should not be confused with increases in the prices of specific goods relative to the prices of other goods.

Bank Accounts, CD Rates and FDIC Insurance

Holding a certain amount of assets in bank accounts is very important. Bank accounts not only provide valuable services and competitive interest rates but the investments in standard bank accounts such as money market accounts, savings account and bank CDs are guaranteed by FDIC insurance or the backing of the financial security of the US

CD Rates in South Carolina Bank of Anderson

Bank of Anderson offers a variety of bank CDs, interest bearing checking and savings plans designed to increase their bank customers earning possibilities while offering safety and security afforded by FDIC insurance protection. Bank of Anderson received its national bank charter on September 3, 1998, and opened for business on September 8, 1998. The bank was

Overdraft Checking Account

A checking account associated with a line of credit that allows a person to write checks for more than the actual balance in the account, generally with a finance charge on the overdraft.

Low CD Interest Rates

In a low yield or low interest rate environment, extending the term or maturity of fixed interest rate investments becomes increasingly risky. Inflation is a permanent facet in modern finance. Low rate environments leave little room for rates to go lower and with inflation not likely to be eradicated, rising interest rates are generally only

Taxable Money Market Fund Investment Instruments

Taxable money funds invest in a variety of debt instruments and securities. The reason money funds are so stable is because they invest in ultra short-term securities like those issued by banks, the federal government, state municipalities and large companies with top grade credit ratings. There are a variety of different debt instruments in the

The Mission Bank Branch Prairie Village

The Mission Bank Branch Prairie Village 8201 Mission Rd. Prairie Village, KS 66208 The Mission Bank Phone Number: 913-831-2400 The Mission Bank Hours of Operation: Monday – Friday 9am-5 pm Saturday 9am-12 pm Drive Thru Hours: Monday – Thursday 7am-6 pm Friday 7am-7 pm Saturday 8am-1 pm Additional bank branch locations in Kansas can be found at Bank Directory.

Collusion

Collaboration of two or more individuals in a fraudulent scheme.

National CD Interest Rates June 1, 2010

Resuming the trend that has been prevalent throughout most of 2010, national CD interest rates were down, on average, for the week ending May 28, 2010. National average certificate of deposit rates at banks and credit unions marched lower this week on the short and long end of the CD yield curve. Bank

LIBOR

The London interbank offered rate. A key or benchmark interest rate in interntional lending. The LIBOR is the rate at which major banks in London are willing to lend Eurodollars to eachother.

St Tammany CD Rates

St. Tammany Homestead Savings and Loan was established in 1924 as a savings and loan association. The bank is headquartered in Covington, LA. In over 80 years in business, the bank has weathered the Great Depression, hyper-inflation, double-digit interest rates and the “great savings and loan debacle” of the 1980s. The bank has always dedicated

CD Interest Rates and a Capital Ratio of Over 40%

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

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

What is the difference between CD and money market?

Some investors use the word CD and money market interchangeably. There are differences between CD and money market. First of all A CD or certificate of deposit is not a marketable security which means that if a certificate of deposit holder wants out of his or her certificate of deposit or wants to

If I have a check that is made out to me, but I would like to endorse it and send it to someone else so say they can deposit into their bank account and have the funds. Can I do this and how should I do this?

The proper way to make the check that is currently payable to you, payable to someone else, is to apply what is called a restrictive endorsement. You should sign the back of the check and write, “Pay to the order of … ” filling the persons name you wish to have the check paid

My checking account has unauthorized monthly charges/withdrawals from a merchant. The charges started eight months ago, but I just noticed them. The bank won’t reverse the charges. How can I stop this?

First, contact the merchant in writing. Ask them to cancel both the service and the charges to your checking account. Send a copy of this letter to your bank. You should also notify the bank that these charges are no longer authorized. The bank may require you to complete an affidavit.

If money market mutual funds allow easy access to my funds and are relatively safe, what are the risks involved in placing my short-term savings in these accounts?

Money market mutual funds are certainly very liquid, there is no penalty for withdrawing your money and the mutual funds that run the account invest in only short term debt instruments like U.S. Treasuries and short term commercial paper. Risk, however, does exist. First, money market mutual funds are securities and have the

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

Collateral

No user commented in " Collateral "

Leave A Reply

CD Rate Updates

Banking & CD FAQs

Bank & CD Tips