Similiar Content You Might Enjoy
Bank rate changes for the week ending February 25 were mostly lower reflecting a flight to quality in the investment community. As funds moved into low risk bonds and other fixed income investments, interest rates moved lower. With destabilizing activity in the Middle East, investment funds flowed into U.S. Treasuries pushing interest rates
New home loan borrowers in Central New York State can find some attractive mortgage rates with one of the biggest mortgage lenders operating in the central part of the state, Alliance Bank. Alliance Bank is a community bank headquartered and operating in Central New York. The bank provides mortgage loans for purchases and refinances along
A form to be completed by an applicant for a credit account, giving sufficient details (residence, employment, income, and existing debt) to allow the seller to establish the applicant’s creditworthiness. Sometimes, an application fee is charged to cover the cost of loan processing.
Banks’ legal right to seize funds that a guarantor or debtor may have on deposit to cover a loan in default. It is also known as right of setoff.
Long term rates moved quite a bit higher to close out the week ending November 8, 2013. A stronger than anticipated employment report released on Friday was responsible for most of the increase in bank rates for the week. Long term bank CD rates and mortgage rates were impacted significantly with mortgage rates experiencing one
CD interest rates were unchanged, on average, for the week ending August 17, 2012. The average CD rate covering all CD maturities found in the weekly Selectcdrates.com national CD rate survey was unaltered at 1.046 percent. While the average CD rate did not move over the course of the week, the top bank CD rates
Silver Lake Bank was opened in 1909 in Topeka, Kansas. The bank also has three other bank branches in Kansas serving the local communities. Silver Lake Bank serves these communities with a variety of individuals and businesses bank products and services. Competitive rates of interest are offered on number of savings products and the deposits
Commercial paper is a money market security issued by large banks and corporations. It is generally not used to finance long term investments but more accurately to purchase inventory or for working capital. Commercial paper may be compared as an alternative to a line of credit offered by a bank for a commercial business. Often
1st National Bank of South Florida is a community Bank headquartered in Homestead, Florida. The bank was established in 1932 and now operates seven bank branch offices in Florida.
1st National Bank of South Florida provides personal and business banking services primarily in South Florida. The bank provides financial services through various bank products and services
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
To promote the inauguration of the new president a review of the best CD rates in Washington, D.C is fitting. EagleBank is a local community business bank with fifteen offices in Montgomery County, MD, Northern Virginia and Washington, DC. and happens to offer some great CD rates.
EagleBank was founded in 1998 and is based in
The percentage, required by Truth in Savings regulations, to be disclosed on interest-bearing deposit accounts that reflects the total interest to be earned based on an institution’s compounding method, assuming funds remain in the account for a 365-day year
Insurance offered by a private insurance company that protects the bank against loss on a defaulted mortgage up to the limit of the policy, usually 20 to 25 percent of the loan amount. PMI is usually limited to loans with a high loan-to-value (LTV) ratio. The borrower pays the premium.
The average consumer knows very little about interest rates, whether it’s the present climate or the future direction of rates. Consumer ignorance is the financial institutions best friend on the road to greater profits. Interest rates greatly influence our finances, there is little we can do about or perhaps should do about it. Most bank
The concluding point of our CD rate summary for the week ending August 7, 2009 was an examination of the competing camps on the future direction of CD rates and interest rates.
This past month most interest rates moved lower in nearly all categories of rates. Bank CD rates moved lower across all terms from 6
Even as the stock market began to regain its footing, bank rates led by mortgage rates and CD interest rates continued to move lower. After falling measurably for the week ending August 8th, another week of stock market and credit market mayhem led to another significant decrease in mortgage rates, CD interest rates and savings
The amount per share that mutual fund shareholders receive when they cash in shares. The value of a fund’s shares on any given day depends on the current market value of its underlying investment portfolio at that time.
Even as the stock market and Treasury markets gyrated wildly this past week, CD rates continued to move higher. It was tumultuous market for most investment products including stocks, bonds, commodities, and many foreign markets. The stock market volatility, the up-and-down movement of the market, brought on multiple 100 point plus up and down days.
Live Oak Bank has a new certificate of deposit rate promotion for a five year term CD account. The CD rate for this promotion is 2.50 percent. The yield is currently the best rate available nationally for a five year account and is over three times the national average bank CD rate for
Bank certificate of deposit rates showed little movement across most maturities for the week ending April 23, 2010. The changes that took place were along the one year term bank CDs with the six month, two year and five year terms remaining unchanged. The limited rate change that did take place was in the wrong