Similiar Content You Might Enjoy
Collective term for mechanisms (both paper-backed and electronic) for moving funds, payments, and money among financial institutions throughout the nation. The Federal Reserve plays a major role in the nations payments system through distribution of currency and coin, processing of checks, electronic transfer of funds, and the operation of automated clearinghouses that transfer funds
A charge assessed by a depository institution for processing transactions and maintaining accounts.
Bank rates were forecasted to move higher in 2014 but mortgage rates have thus far failed to meet expectations. While CD rates and credit card rates have made modest moves to the upside, mortgage rates have once again drifted lower. Mortgage rates are now at the point where they were at the start of December
Suspicious Activity Report – a federally required document to be completed in certain circumstances which could indicate robbery, theft or illegal activity such as an internal theft, money laundering or terrorist financing.
Interest rates adjusted for the expected erosion of purchasing power resulting from inflation. Technically defined as nominal interest rates minus the expected rate of inflation.
Investors willing to shop for their FDIC insured money market and certificates of deposit in the state of Nevada will earn yields far outpacing the national average. In continuing a series of reviewing CD rates from banks in Nevada, its time to look at the Community Bank of Nevada.
Community Bank of Nevada is a state
Atlantic Coast Bank is a federally chartered mutual thrift or savings association. Therefore the primary regulator is the Office of Thrift Supervision (OTS). The bank was established on March 27, 1939. Atlantic Coast Bank has been FDIC insured since November 1, 2000
As of June 31, 2009, Atlantic Coast Bank had a total of 175 full-time
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
Historically, money market mutual funds would pay a slightly higher interest rate than competing bank products such as savings accounts and money market accounts. Money market mutual fund rates, however have not always been the market leader in short term rates. With the ability to write checks and transfer funds without charge, many money market mutual funds may
A fund service giving shareholders the option to purchase additional shares using dividends and capital gain distributions.
Bank certificate of deposit rates for the week ending November 13, 2009 were lower for all maturities with the exception of the five year term bank CD. The greatest CD rate reductions were on the mid term, two year bank CDs with the short term rates experiencing only a mild decrease in the average interest
The Nov. 9th, 2008 Philadelphia Inquirer has an ad from Citizens Bank with a high rate CD account and money market account. The CD account is for a 6 month term with an interest rate of 3.90%. The minimum balance for this bank account is $1,000.00 but requires the opening of a Citizens Gold checking
An organization, usually a bank, that holds the securities and other assets of a mutual fund.
The last couple of weeks have been tumultuous times in the stock and interest rate markets. The debt crisis in Greece has created havoc in the markets resulting in wild swings in the stock market and a flood of funds into the safe harbor of the Treasury market driving bank rates and CD interest
Banks maker money covering bounced checks because they get to charge you a big fee to do so. This is a form of overdraft protection more specifically courtesy overdraft protection because you don’t choose to use it, the bank simply adds the feature to your account. Check with your bank to see if
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.
The individual who performs a bank examination on behalf of a government regulator. Bank examiners help regulators maintain the safety and soundness of the banking system.
On January 1, 1894, Watertown Savings Bank opened for business in Watertown, New York. The bank financial services promote thrift, home ownership, small business, employment, and economic needs in the region it serves. Watertown Savings Bank has been FDIC insured since July 1, 1943. Watertown Savings Bank is chartered as a FDIC Savings Bank. Therefore
Competitively priced bank products are one component of the mission of Lewiston State Bank. Lewiston State Bank offers a bevy of bank service and products that provide outstanding rates of return. As an example, the bank currently offers an 18 month CD that has an interest rate of 2.73% APY. The two year CD leaps
An organization authorized by statute for ensuring the safe and sound operation of financial institutions chartered to conduct business under that agency’s jurisdiction.
The primary regulators are the following:
OCC (Office of the Comptroller of the Currency)
FDIC (Federal Deposit Insurance Corporation)
FRB (Federal Reserve Bank]
OTS (Office of Thrift Supervision)
NCUA (National Credit Union Administration)
State regulatory agencies