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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
When it comes to home financing options in Kansas, there are many different alternatives to choose from. One bank offering competitive mortgage rates and home loans in Kansas is Douglas County Bank of Lawrence, KS. Douglas County Bank’s service area is Douglas County, Kansas, and surrounding counties. The bank provides a number of different loan
Not necessarily. If you choose to roll over/renew the time certificate of deposit (CD) for another term at the bank, the bank can continue to pay the interest. Let’s say you haven’t decided in advance. Once the CD matures, you have 10 days to decide whether to renew or withdraw the funds.
Property that is offered to secure a loan or other credit and that becomes subject to seizure on default.
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.
Huntington is marketing a linked CD account in the local newpapers and online. The CD account is for a 13 month term and earns an interest rate of 4.10%. In order to obtain that yield the CD account holder must have a qualifying Huntington deposit account. The monthly CD interest payments will be deposited directly
A form of extending an unpaid loan in which the borrower’s remaining unpaid loan balance is carried over or renewed into a new loan at the beginning of the next financing period.
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
East Cambridge Savings offers mortgage loans for purchase and refinances in Massachusetts with highly competitive rates and terms. The bank offers a number of diverse loan programs for borrowers to meet a range of financial needs from first time home buyers to jumbo loan borrowers. East Cambridge Savings Bank is centrally located with its headquarters
Continuing a segment on holiday reviews of banks not normally covered, we review the rates offered by MCNB Banks of West Virginia. MCNB Banks offers a wide choice of savings and lending options for consumers and businesses customers. Currently, the bank has the highest CD rate on a five year CD in West Virginia. The
To start the new year, East River Bank of Pennsylvania is offering some of the highest CD rates in the state. East River Bank is a community bank, meeting the needs of homes, families, and businesses in the Philadelphia area. East River Bank offers a full range of financial services for both personal and business
Apple Valley Bank & Trust Company operates three offices in Cheshire, Southington and Wallingford, Connecticut. The bank was founded in 2001 and offers personal and commercial banking services. Apple Valley Bank offers local staff to help with an assortment of banking needs. Bank products and services range from car loans and commercial construction loans to
Bank CDs not only provide the guarantee of principal when held in an FDIC insured financial institution, but they are also very easy to manage. When you invest in a CD you know when the term or the maturity is and therefore know exactly when all of your funds become available. CD rates also provide
A wire transfer is an electronic payment service for transferring funds by wire (such as, through the Federal Reserve Wire Network or the Clearing House Interbank Payments System).
An EFT authorized in advance to recur at substantially regular intervals.
Interest rates were split this past week as overseas markets are once again vexing our domestic market. Even with a pending Fed rate increase on the horizon, Treasury rates and mortgage rates have moved lower during the month of July. As many loan rates ticked lower or, at least stabilized in the case of car
The prospectus tells an investor about the fund’s investment philosophy. For example, most money funds will state their intention to obtain the highest level of income as possible while preserving principal and liquidity. As a rule, money funds regard the safety of principal, not the pursuit of yield, as paramount. Other types of mutual funds
Whether you accumulate your cash in a bank, thrift or a credit union, there are numerous savings options within these financial institutions from which to choose. Checking accounts have a plethora of features to choose from, money market accounts combine the features of checking and high yields and CD rates are paying returns well above
To seize something and hold it in legal custody. Items impounded can be cash or other assets.
The financial services marketplace has changed profoundly in recent months. Financial education can help consumers become more confident about the future by offering them the knowledge to make sound money management decisions. The work of selectcdrates.com is to help educate consumers by finding the best banking products and services that will make their financial life