Similiar Content You Might Enjoy
The equity markets and interest rate markets have apparently absorbed recent world events and some level of normality has returned. Normal activity at this time is a rising stock market and mildly rising interest rates.
More good news for the economy was released last week with GDP revised upwards to 3.1% for the 4th quarter
An organization employed by a mutual fund to give professional advice on the
fund’s investments and asset management practices.
Bank rates moved lower across the board for the week ending July 15, 2011. Big rate changes for the week were seen in the most liquid markets including mortgage rates and Treasury rates. CD rates were also lower but by a very, very slim margin as were bank savings account rates. Credit card rates did
The December 9, 2008 issue of the Dallas Morning News has an ad placed by NexBank advertising their 12 month CD. The bank CD has an interest rate 4.00% APY. The minimum deposit for the account is $10,000.00. This is certainly a top CD rate in the Dallas metro region. The NexBank ad copy reads,
Many transactions are processed overnight. These transactions may not be reflected in an available balance. On checking accounts, banks generally post deposits before withdrawals. However, there are no laws requiring national banks to do this. In addition, banks may establish a cutoff time for deposits made at a branch or through an
When shopping for a checking account, make sure that you avoid any headaches you may incur in the future by simply choosing free checking accounts. Banks will use a variety of savvy marketing techniques to get you as a customer. However, these accounts may not always be the best thing for your needs. If you
The practice of investing broadly across a number of securities to reduce risk.
The rate of increase in the general price level anticipated by the public in the period ahead.
In order to intensify the spotlight on Hawaii, after the soon to be President has thrust the state into the spotlight, reviewing bank CDs in the state seems timely. One such bank is HomeStreet Bank. HomeStreet Bank is headquartered in Seattle but has branches in Hawaii and offers some of the highest CD rates in
When the amount of money withdrawn from a bank account is greater than the amount actually available in the account, the excess is known as an overdraft, and the account is said to be overdrawn.
Bank rates were fairly contained for the third week of the New Year with CD rates and mortgage rates showing very little movement from the previous week. What movement there was in bank interest rates was slightly to the downside. The Federal Reserve’s monetary stimulus programs that includes the purchase of mortgage bonds and Treasury
First Green Bank in Florida is the first bank of its kind to promote positive environmental and social responsibility while operating as a traditional bank. The bank started operations in 2009 and plans to specialize in services for environmentally friendly businesses and building projects. The bank does accommodate both green and non-green businesses alike. First
An account held by a custodian, often under the Uniform Gifts/Transfers to Minors Act (UGMA or UTMA). The custodian manages property owned by a minor in such cases.
The key news for today is the monthly CPI or inflation figures produced by the Bureau of Labor Statistics within the U.S. Department of Labor. Today’s announcement showed that the CPI increased by 0.4% for the month of August. Without the volatile food and energy component, the CPI increased by 0.1%. For July, the aggregate
The fraudulent signing or alteration of another’s name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud.
Checkbook money that, for a period of time, appears on the books of both the payor and payee due to the lag in the collection process. Federal Reserve float often arises during the Federal Reserve check collection process. In order to promote an efficient payments mechanism with certainty as to the date funds
The interest rate and the payment remain the same over the life of the loan. The consumer makes equal monthly payments of principal and interest until the debt is paid in full.
As the markets absorb the new Fed policy to buy long term bonds, referred to as operation Twist, certificate of deposit rates continue to press on to lower levels. This week, CD interest rates reacted to the Fed’s desire to drive long term rates lower with CD rates experiencing yet another down week. Unfortunately, it
The Nov. 12th issue of the New Jersey Star-Ledger has an ad placed by MetLife advertising their 12 month CD. The MetLife opens with, “FDIC insured Did we mention great rates?” The interest rate on the CD is for a special limited time offer. The CD rate promoted for this 12 month term CD is
1st Colonial National Bank is a full service bank that provides commercial and consumer financial services to businesses and individuals within southern New Jersey and surrounding areas. The bank’s main office is located in Collingswood, New Jersey. 1st Colonial National Bank offers a variety of core consumer products.
1st Colonial National Bank deposit services include business