Rates Current as of Friday February 10, 2012

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 that some will take the bait.

This entry was posted on Saturday, October 11th, 2008 at 8:02 pm and is filed under FAQs. 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 " How do the fake check bank scammers find their victims? "

Follow-up comment rss or Leave a Trackback

Similiar Content You Might Enjoy

Texas CD Rates at Westbound Bank

Westbound Bank opened in January 2007 and is headquartered in Katy, TX. Westbound Bank is a locally owned and operated bank. Along with the main office in Katy which is West of Houston, the bank has branches in Bellaire and in Northwest Houston. Westbound Bank’s banking products and customer service combine state-of-the-art electronic banking including ATMs

Payoff Statement

A formal statement prepared when a loan payoff is contemplated. It shows the current status of the loan account, all sums due, and the daily rate of interest.

Capital Market

The market in which corporate equity and longer-term debt securities, those maturing in more than one year, are issued and traded.

What are some reasons why a bank would prevent someone from opening a checking account?

If a prospective account holder has had a bad credit history pertaining to bank accounts this may prevent you from opening a new account. Mishandling bank accounts is the primary reason one may be denied a new bank account. Most banks check the background of new account holders to see if they had

Federal Home Loan Bank Board – FHLBB

The agency of the federal government that supervises all federal savings and loan associations and federally insured state-chartered savings and loan associations. The FHLBB also operates the Federal Savings and Loan Insurance Corporation, which insures accounts at federal savings and loan associations and those state-chartered associations that apply and are accepted. In addition, the

Best CD Rates in Florida

For short term CD rates, Ocean Bank is posting the best CD rates in Florida. Ocean Bank has a promotion running for a 7 month term CD with a rate of 4.40%. On top of that rate, the bank also offers a 13 month CD yielding 4.50%. The minimum deposit is $2,500.00. Since this is

Balboa Thrift and Loan

Balboa Thrift and Loan is headquartered in Chula Vista, CA. The bank offers personal and commercial banking services. The bank was established on December 11, 1980. Balboa Thrift and Loan Association has been FDIC insured since July 3, 1986. The bank is chartered as a Federal Reserve Non-member. Therefore the primary regulator is the Federal

Federal Reserve Float

Checkbook money that, for a period of time, appears on the books of both the payor and payee due to the lag in the collection process. Federal Reserve float often arises during the Federal Reserve check collection process. In order to promote an efficient payments mechanism with certainty as to the date funds

The Importance of Mortgages Rates

The Fed does not directly control long-term interest rates including mortgage rates. However, approximately two-thirds of U.S. households own their own homes and most homeowners pay a mortgage. Mortgage interest rates therefore have a big impact on consumer behavior. The level of mortgage rates determines how much economic activity takes place in

Best Short Term CD Rates in Ohio

The best short term CD rates in Ohio are being offered by United Midwest Savings Bank. United Midwest has two promotional short term CD accounts. The first bank CD is a 5 month CD with an interest rate of 4.00% APY. The second bank CD has a 14 month term that yields a 4.25% APY.

Check Printing and Bank Fees

Check with your bank to see how much they charge for ordering checks. Bank customers are not required to pay for new printed checks from the bank. Consider buying your checks and supplies from less expensive sources, such as mail-order companies. If you write a lot of checks each month, the cost savings could be significant.

Commercial Paper

Unsecured notes issued by companies and maturing within nine months. Typically, commercial paper is issued only by the larger and more credit worthy companies

World Uncertainty Pushes Treasury Rates and Bank Rates Lower

The ten year Treasury rate opened below 3.00% at the start of trading this morning. This is the first dip below 3.00% this year. This month, Treasury rate have moved consistently lower amid continued market uncertainty over government debts and a double dip recession. This mornings lower yields have sent Treasury rates

Bank Rates, CD Interest Rates and Lending Rates February 7th, 2011

Bank mortgage rates and Treasury rates moved measurably higher for the week while bank savings rates were mostly unchanged. Bank CD rates held fairly steady with the Selectcdrates.com composite rate index increasing by just 1/1000th of a percent for the week. Mortgage rates made their largest weekly move this year. Bank money

Pacific Mercantile Bank

Pacific Mercantile Bank is owned by the holding company Pacific Mercantile Bancorp. Pacific Mercantile Bank is a state chartered commercial bank and member of the Federal Reserve System. The bank began operations on March 1, 1999. The bank, headquartered in Costa Mesa, California, operates eight financial centers in Orange, Los Angeles, San Bernardino and San

What is the discount rate?

The discount rate is the rate at which eligible depository institutions may borrow funds from the Federal Reserve.

FDIC Liquidity Analysis

The following are excerpts from a report by the FDIC in their publication called Supervisory Insights. Supervisory Insights is published by the Division of Supervision and Consumer Protection of the Federal Deposit Insurance Corporation to promote sound principles and best practices for bank supervision. This report was a review on an overview of problems that

CD Interest Rates September 24, 2009

After the Fed statement Wednesday afternoon, Treasuries rallied and interest rates headed lower. The Fed statement, as predicted, stated nothing of significance other than perhaps the Fed’s belief that inflation will remain very low. At the close of Wednesday, the three and six month Treasury rates were unchanged at 0.11% and 0.20%. The one year Treasury

FDIC Insurance Coverage with More than One Bank CD

The FDIC insures individual bank accounts up to $100,000.00. The present change to $250,000.00 is set to expire on December 2009 thus making the coverage of little value for bank CDs that have a term running past the end of 2009. It is possible to have significantly more funds insured by holding insured accounts in more than one

High CD Rates at California Community Bank

Community banks are seen as an integral part of the economic of small towns and large cities in every U.S. state. Very often, the best terms for loans and bank savings rates can be found at community banks. A community bank that has been providing a wide selection of financial services as well as high

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

Can the bank require me to provide my Social Security number?

Yes. A national bank is required to obtain an identification number for several kinds of transactions: when opening a new account, when making monetary (deposit and loan) transactions such as deposits and loans and when reporting the interest earned on deposit accounts to the IRS. For a U.S. citizen, a taxpayer identification

How do money market funds seek to maintain a stable $1.00 net asset value?

Money market funds are stringently regulated by the U.S. Securities and Exchange Commission (SEC) pursuant to Rule 2a-7 under the Investment Company Act of 1940. Rule 2a-7 includes several conditions intended to stabilize a fund’s $1.00 NAV. These conditions limit risk in a money market fund’s portfolio by governing the credit quality, diversification, and

One of the first pieces of advice I get is to build an emergency fund at a bank. Why?

Emergency funds are a necessity for financial safety measures because they give you resources to fall back in times of financial emergencies such when you become very ill or disabled and can’t work, or if you or your spouse lose your job, incur large medical bills, or have an unexpected large bill such as a

What are institutional money market funds?

Institutional funds are held primarily by businesses, governments, institutional investors, and high-net worth households. Institutional funds hold 60 percent of all money market fund assets.

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

How do the fake check bank scammers find their victims?

No user commented in " How do the fake check bank scammers find their victims? "

Leave A Reply

CD Rate Updates

Banking & CD FAQs

Bank & CD Tips