Rates Current as of Wednesday February 08, 2012

Payor

The person or organization who pays or is delivering funds.

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Banking & CD FAQs

How many times will a bank allow an insufficient funds check to be redeposited?

Generally, a national bank will redeposit the check twice. However, there are no laws that determine how many times a check may be resubmitted.

What is the difference between a credit union and a bank?

A bank is a fro profit institution. They provide loans, clear checks, hold deposits and related financial services. Credit unions perform similar functions but are organized as non-profit entities. The services it provides are to its members, which by law must share a common bond or affiliation.

What is the cut-off time for deposits?

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Does the federal government insure money market funds?

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