Rates Current as of Thursday February 09, 2012

An employee of the Comptroller of the Currency whose function is to examine national banks periodically to determine the financial position of a bank and the security of its deposits. The examiner also verifies that the bank maintains procedures consistent with Federal banking laws and regulations.

This entry was posted on Saturday, October 11th, 2008 at 5:39 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 " National Bank Examiner "

Follow-up comment rss or Leave a Trackback

Similiar Content You Might Enjoy

CD Rates for the week ending June 19, 2009

Opportunities for investing in high rate certificates of deposit are still available in a variety of markets. Florida residents for example, have a number of CDs with a range of maturities to choose forms that are appreciably above the national averages. The best six month CD rate in Florida is over ½ percent higher than

Clearinghouse

An institution where mutual claims are settled between accounts of member depository institutions. Clearinghouses among banks have traditionally been organized for check-clearing purposes, but more recently have cleared other types of settlements, including electronic fund transfers.

CD Rates in the Sunshine State

These are CD rates not just in the sunshine state but CD rates at Sunshine State Community Bank. Sunshine State Community Bank has been FDIC insured since July 24, 2000. Sunshine State Community Bank has five bank branches located in Florida. The bank is chartered as a Federal Reserve Non-member bank. Therefore the primary regulator

Adviser

An organization employed by a mutual fund to give professional advice on the fund’s investments and asset management practices also called the investment adviser.

CD Rates not just for Truckers

Transportation Alliance Bank offers a full line of products for personal and commercial banking needs. The bank was founded in 1998 and is based in Ogden, Utah. Transportation Alliance Bank, Inc. operates as a subsidiary of Flying J, Inc. As a wholly owned subsidiary of Flying J Inc., the nation’s leading retailer of diesel fuel.

Bank Checking Accounts with Automatic Check Copies

Bank checking accounts come with numerous features and services. One checking account feature can be applied for most any checking account, a check book that has carbon prints for record keeping. Checkbooks that automatically make carbon copies of checks may be a good idea if good record keeping isn’t your strong suit.

Federal Reserve and Consumer Protection Laws

Fair Housing Act (1968) Prohibits discrimination in the extension of housing credit on the basis of race, color, religion, national origin, sex, handicap, or family status. Truth in Lending Act (1968) Requires uniform methods for computing the cost of credit and for disclosing credit terms. Gives borrowers the right to cancel, within three days, certain loans secured by

Best CD Rates in Maryland, Best Pro Football Team In Maryland

Continuing the search for the best CD rates in Maryland to coincide with honoring the Baltimore Ravens after their win this weekend, we review the products of Bradford Bank. Bradford Bank has a full range of banking products and services to assist its customers in Maryland. The bank began operation in Maryland back in 1903.

Unemployment Report for November 2008

Nonfarm payroll employment dropped by 533,000 in November. With the revised figures for the previous two months, November’s drop in payroll employment followed declines of 403,000 in September and 320,000 in October. The unemployment rate moved in the opposite direction and rose to 6.7 percent. This rate has been persistent in its movement upwards. The

Credit Limit

The maximum amount of credit that is available on a credit card or other line of credit account.

State Farm Bank Interest Rates

State Farm Bank offers competitive interest rates on many of their consumer banking products. Today, in the Fort Worth Star-Telegram, the bank has a full display ad promoting their many savings products. The ad includes the rates on the banks savings, money market accounts and CDs. The savings rates for the bank are tiered based on

What is the FDIC and what does it mean for me?

The FDIC is the Federal Deposit Insurance Corporation. It is the primary regulating body of state chartered banks that are not members of the Federal Reserve System. It insures the deposits of individual accounts up to $100,000.00 per account.

Trustor

The creator of a trust. Sometimes referred to as the donor.

The bank where I have my CDs says that interest on the CD account is compounding daily. If the interest earned from the CD is paid monthly, how can they say they are compounding it daily?

When your bank states it compounds the interest daily on a CD but it pays out that interest monthly, it is engaging in a fairly standard process. The bank calculates your interest each day on the CD and simply processes that amount as a computer entry without actually paying that interest out.

Dissecting the Bank Statement

Banks send them to their customers once a month through mail. Many customers, particularly those who use online banking, may throw them in the trash, but it’s best to give them at least one look-over for accuracy. Most consumers should keep their financial records, including bank statements, for a period of three years.

Financial Supermarket

An expression given to financial institutions that offers a wide array of financial services in one company. Financial supermarkets can be brokerage companies, savings banks or banks. Most of these institutions will offer checking or checking like products such as money market mutual funds, mutual funds, insurance, bank credit cards, CDs, loans, insurance

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

The Mission: CD Rates California, Mission Bank

Choosing a savings plan that makes sense for you and your lifestyle can be a difficult task. Bank products such as money market accounts and CDs are quick solutions for individual and business savings needs. Bank CDs and money market accounts can offer security, high yields and flexibility for savings and investments. Finding the right

I bounced a check that I had written this month for my car payment. How will this affect my credit?

Missing a monthly car payment, no matter whether you missed the payment or bounced the check, is always going to affect your credit negatively. It is possible that if you make good on the amount of the payment and any fees your auto loan lender charges you for a returned check within the 30

I want to open a new account. What type of identification do I have to present to the bank?

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

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

What does FDIC deposit insurance cover?

FDIC insurance covers deposits received at an insured bank. Types of deposit products include checking, NOW, and savings accounts, money market deposit accounts or MMDAs, and time deposits such as certificates of deposit or CDs.

Who sets the interest rates on savings accounts?

A national bank is a private business. Generally, it sets its own interest rates on savings accounts. If you feel that your bank does not pay an adequate interest rate, shop around—and purchase your financial services accordingly.

I lost my ATM card. What should I do?

You should notify the bank within two business days after learning of the loss or theft of your ATM and or debit card. If you do, your liability will be the lesser of the following: $50 or the amount of unauthorized transfers that occur before the financial institution receives notice. However, if you

Can you still deposit cash directly into your bank account or open up a CD with cash?

There are no Federal regulations that would prevent you from either depositing cash into your checking or savings accounts or opening a CD with a cash deposit. Federal regulations simply make it mandatory that banks fill out a disclosure form when there is a transaction involving cash in excess of $10,000.00. Banks are

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

National Bank Examiner

No user commented in " National Bank Examiner "

Leave A Reply

CD Rate Updates

Banking & CD FAQs

Bank & CD Tips