Rates Current as of Tuesday February 07, 2012

« M3

M1 »

M2

Measure of the U.S. money stock that consists of M1, certain overnight repurchase agreements and certain overnight Eurodollars, savings deposits including money market deposit accounts, time deposits in amounts of less than $100,000, and balances in money market mutual funds other than those restricted to institutional investors.

This entry was posted on Saturday, October 11th, 2008 at 5:45 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 " M2 "

Follow-up comment rss or Leave a Trackback

Similiar Content You Might Enjoy

Dollar-Cost Averaging

The practice of investing a fixed amount of money at regular intervals, regardless of whether the securities markets are declining or rising.

Bank CD Rates, Bank Mortgage Rates and Savings Rates July 11, 2011

Turmoil in the markets in the month of July has been chasing interest rates all around. First the Greece debt situation blows up bringing money into safe and secure bonds and pushing interest rates lower and then the Greece crisis gets covered up, but not even close to being resolved, moving on to the U.S.

Money Market Funds Investments – Treasury Bills

The United States federal government issues a variety of debt securities to meet funding needs. Treasury bills are short-term securities issued by the U.S. Treasury. The US Treasury issues Treasury bills as one of the debt securities to fund a portion of the US public debt. Treasury bills are the most marketable money market security.

Ohio CD Rates at The Bartlett Farmers Bank

The Bartlett Farmers Bank serves customers with three bank branches in Bartlett, Barlow and Little Hocking Ohio. The bank was established on October 23, 1919 and has been FDIC insured since January 1, 1934. The Bartlett Farmers Bank is chartered as a Federal Reserve Non-member. Therefore the primary regulator is the Federal Deposit Insurance Corporation

Escrow Analysis

The periodic examination of escrow accounts by a mortgage company to verify that monthly deposits are sufficient to pay taxes, insurance, and other escrow-related items on when due.

TARP Covers Everything

The U.S. Treasury Department today announced it will allocate $20 billion to back a lending facility for the consumer asset backed securities market established by the Federal Reserve Bank of New York. Asset backed securities is a sweeping term used to define a type of debt security that consists of a pool of assets. The

Contingent Deferred Sales Load

A fee imposed when shares are redeemed (sold back to the fund) during the first few years of ownership.

Charge Back

Transaction which the cardholder bank returns either to its own merchant or to the merchant bank because the transaction fails to meet certain established criteria.

Joint Tenancy

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.

CD Rates, Money Market Rates in New Jersey with Magyar Bank

Magyar Bank serves individuals and businesses in Central New Jersey. The bank operates five branch locations in New Brunswick, North Brunswick, South Brunswick, and Branchburg. The Bank was founded in 1922 by Hungarian immigrants with the purpose of helping the community’s residents achieve the “American Dream”. The banks name comes from the Hungarian word to

State Banking Department

The organization in each State that supervises the operations and affairs of State banks.

Valley Community Bank Free Checking Accounts Illinois

Valley Community Bank has six locations in St. Charles, Geneva, Batavia and North Aurora, Illinois, providing personalized, prompt and professional service. The bank offers products ranging from standard savings accounts, certificates of deposit, consumer loans to some of the best checking and CD rates in the region. Valley Community Bank offers free checking account that currently

Diversification

The practice of investing broadly across a number of securities to reduce risk.

International Bank Account Number

An international standard for identifying bank accounts across national borders. These are most often used in the European Union. United States banks do not generally participate in this standard.

Choice Financial Almost the Best One Year CD Rate

Choice Financial continues to offer one of the best short term certificate of deposit rates available in the national market. Choice Financial is not often listed as having one of the best CD rates available. The bank offers a certificate of deposit rate promotion that often slips under the radar because of the odd month

What are retail money market funds?

Retail funds are money market mutual funds that are offered primarily to individuals. Retail money market funds hold around 60 percent of all money market fund assets.

Where can I find the FDIC’s watch list of troubled banks?

The FDIC does not publish that list. Although the FDIC periodically announces the number of banks they have on the watch list, they do not believe it would be prudent to relesease the names of the banks to the public. The obvious conclusion is that the FDIC is trying to bring these banks

Tennessee Bank Offers Smorgasbord of CD Rates

BankEast has an ad running in the Knoxville News Sentinel displaying several bank CD accounts. The first part of the bank promotion is called “pick 2”. This bank service allows the customer to pick two different CD accounts after opening a personal checking account. The options are to pick a 5 month CD that has

Bank Account Scams on the Rise

Bank related Internet scams are on the rise. Most scam involve third parties attempting to fraudulently acquire information from Web users, such as credit card details, social security numbers, and account numbers. Protect your account numbers, PINs and online access. Do not respond to any bank inquiries that you are not 100% certain are from

Eurodollars

Deposits denominated in U.S. dollars at banks and other financial institutions outside the United States. Although this name originated because of the large amounts of such deposits held at banks in Western Europe, similar deposits in other parts of the world are also called Eurodollars.

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

Does the FDIC insure an unpaid cashier’s check, certified checks, and money orders?

In the event of a bank default that occurs before any of those items listed is cashed or credited to another account, these items would be included in the insurance amount for the account of the depositor that holds them.

What is Check 21 and how does this action affect my checking account?

Check 21 is the informal name for an act created by Congress in 2003 to help modernize the check processing system with the use of digital imaging. Many banks now clear checks with just digital images of the checks instead of the checks themselves. These reduces check processing costs for financial institutions and

Why do longer term CDs pay a higher rate than the short-term CDs?

As a rule, in financial markets, the longer money is being used or provided by a borrower or a lender, respectively, it is going to carry a higher rate of interest. We generally think of banks as lenders, but, obviously, for a bank to lend money it must obtain funds to perform this function.

If the account has a standard POD or pay on death beneficiary assignment, the beneficiary has no liability for bounced checks. The designation of the beneficiary isn’t final until the death of the owner. A beneficiary has no ownership interest in the account until the owner dies. Therefore, the beneficiary isn’t responsible for an overdraft in the account.

My son has a small savings account that was opened a few years ago. When I recently checked the balance it was close to zero. It appears the bank has been assessing fees on the balance bringing it to almost nothing. Can they do that on his account?

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

M2

No user commented in " M2 "

Leave A Reply

CD Rate Updates

Banking & CD FAQs

Bank & CD Tips