Similiar Content You Might Enjoy
Platinum Bank is a Florida bank that was established in December 1997. The bank is headquartered in Brandon, Florida with branches in Lakeland, Tampa, Plant City, and Winter Haven, Florida. The bank’s primary market area consists principally of Hillsborough and Polk counties and the surrounding areas.
Platinum Bank’s business strategy is to cater to consumers, professionals,
Jonah Bank of Wyoming offers personal and commercial banking services. The bank was founded in 2006 and is based in Casper, Wyoming. Jonah Bank of Wyoming has been FDIC insured since July 31, 2006. Jonah Bank of Wyoming is chartered as a Federal Reserve Non-member. Therefore the primary regulator is the Federal Deposit Insurance Corporation
Each day, the Reserve Banks that are part of the Federal Reserve System process a large number of payment transactions resulting from the Reserve Banks’ role in providing payment services to banks and depository institutions. Because depository institutions in the aggregate generally hold a relatively small amount of funds overnight in their Reserve Bank accounts,
The Texas ratio is a measure of a bank’s financial strength and standing by evaluating the ratio of non-performing loans to its equity position. The ratio measures loans in default against the present capital base taking into consideration loan loss allowances.
An agreement by which, for example, the Federal Reserve purchases a security for immediate delivery and receives interest at a specific rate from a government securities dealer, with an agreement to sell the security back at the same price by a specific date, usually within 15 days. This arrangement allows the Federal Reserve to
Even though they employ some of the most sophisticated and advanced software and machinery, banks are still known to make mistakes. Typically they’re a result of human error somewhere down the line, but the reason for the error is virtually irrelevant; the fact is that they do happen, more frequently than you probably imagine. The
The holding of property by two or more persons so that, upon the death of one joint owner, the survivor or survivors become the owner(s); differs from tenancy in common and tenancy by the entirety.
Special purposes savings accounts that normally pay interest, use passbook ledgers, and have a short term designated maturity time. The most common club account is a Christmas club.
Chevy Chase Bank offers over two hundred bank branch locations and more than 1,000 ATMs. Chevy Chase Bank has bank branches in Maryland, Washington, D.C., Virginia and Delaware. Chevy Chase Bank was acquired by and became a wholly owned subsidiary of Capital One Financial Corporation. The combined banking organization has approximately 1,000 bank branches and over
In a continuing analysis of bank CDs being offered in Connecticut, the following is a review of Connecticut financial institution that offers some of the best CD rates in the state.
The Torrington Savings Bank was established in 1868 and chartered as a mutual savings bank. The mutual savings bank charter allows the bank to manage
MB Financial Bank has an ad running in the Sunday Nov. 9th, 2008 Chicago Tribune called the safe and secure MB’s money market account. The ad runs with an offer for their bank money market account with a 3.60% interest rate. The minimum balance needed to achieve the 3.60% rate is $25,000.00. Per the ad,
Downey Savings is a federally chartered financial institution that is in need of additional capital.
In spite of this, Downey Savings offers some of the best short term CD rates in California. The 6 month CD rate is at 3.90% and the one year CD rate is at 4.00%. The minimum to open these accounts
A type of variable loan rate involving a renewable short-term, balloon note. The interest rate on the loan is generally fixed during the term of the note, but when the balloon comes due, the lender may refinance it at a higher rate. In order for the loan to be fully amortized, periodic refinancing may
A system established by a written agreement under which a financial institution is authorized by the customer to debit the customer’s account in order to pay bills or make loan payments.
Consumer prices moved higher with a year over year increase of 2.7 percent and the Philadelphia Federal Reserve Bank President, Charles Plosser, commented that the Fed may have to raise rates if the economy continues expand. Yet, bank interest rates moved decidedly lower for the week. While the tea leaves appear to be
Financial institutions are required by law to have a Customer Identification Program for the creation of new accounts. A new account may include, but is not limited to, a deposit account, an extension of credit, or the rental of a safe deposit box. The minimum information that a bank must obtain when opening
In reference to a loan, points consist of a lump sum payment made by the borrower at the outset of the loan period. Generally, each point equals one percent of the loan amount.
Foreign Currency Exchange
For foreign travel or foreign currency transfers it may become necessary to convert U.S. dollars to a foreign currency and or electronically transfer those funds to an overseas account. Most large banks can assist you with international currency needs and the appropriate foreign currency services.
Most all banks with turn a
<a href=”http://www.diehebikniet.nl/”>DHIN – WorldWide Directory</a>
A signed, written order by which one party (the drawer) instructs another party (the drawee) to pay a specified sum to a third party (the payee), at sight or at a specific date. Typical bank drafts are negotiable instruments and are similar in many ways to checks.