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Overland Park Kansas was ranked #9 on Money magazine’s list of the “Best Places to Live” in 2008. Overland Park has moderate housing prices, a good job market and it is well situated for an easy commute to the surrounding region. Overland Park is also home to Bank of Blue Valley.
Bank of Blue Valley is
The list of best bank that made the top of the list for bank CD rates at the beginning of 2008 has changed fairly dramatically. Some of the changes are due to bank mergers, some are due to increased competition and some can be attributed to banks that are not in need of aggressively pursuing
Equity bank has an ad running this weekend in the Dallas Morning News displaying a selection of their CD products. The bank is advertising three separate term CDs, the 12 month CD, 18 month CD and 48 month CD. The rate on the 12 month CD is 2.60%, the rate on the 18 month CD
Treasury rates and mortgage rates dropped precipitously immediately following the Federal Reserve announcement on Wednesday, September 17. The Fed statement released on Wednesday was expected to cover how and by how much the Fed would reduce the current monetary easing stimulus program that was started in September 2012. The market was fully expecting some reduction
No. Unlike bank money-market funds, which tend to have lower yields, money-market mutual funds do not carry FDIC insurance.
Exchange State Bank & Insurance is a locally-owned community bank with branches in Adair and Winterset, Iowa. The bank was established on January 1, 1879. Exchange State Bank has been FDIC insured since 1963. Exchange State Bank is chartered as a Federal Reserve Non-member. The primary regulator is the Federal Deposit Insurance Corporation (FDIC). As
A bank that is chartered by a state and has elected to join the Federal Reserve System.
CD rates took a little swoon downwards after the March Fed meeting concluded this past week. As many economists and Fed watchers had expected, the Fed statement released at the close of the two day meeting removed the reference to the term patience as it applies to the Fed’s plans to change monetary policy in
A general difference between banks and credit unions is that the banks often markets themselves as a full service institution. Banks not only offer savings account, checking accounts and certificates of deposit but frequently offer money market accounts, CD secured loans, home loans, personal loans, credit cards, auto loans and more. Most of these products
Heartland Bank is a full service, regional bank that serves the market areas of St. Louis, MO and Denver, CO. Heartland Bank has been offering consumers bank savings and lending products for over 120 years. The bank operates branches in the two states of Colorado and Missouri and also offers savings and checking accounts through
A type of investment company that has a fixed number of shares which are publicly
traded. The price of a closed-end fund share fluctuates based on investor supply and demand. Closed-end funds are not required to redeem shares and have managed portfolios.
Three more banks failed Friday, November 21, 2008. The Office of Thrift Supervision closed two California thrifts, Downey Savings & Loan and PFF Bank & Trust. The state regulators in Georgia closed Community Bank of Loganville. The Federal Deposit Insurance Corp. took all three companies into receivership.
U.S. Bancorp bought all the deposits and some of
Mortgage rates fell markedly for the week ending August 24, 2012. Unfortunately or perhaps fortunately, depending in whether you are a borrower or saver, other bank rates did not follow suit. CD interest rates were essentially unchanged on the week. Money market rates and savings rates were unchanged and credit cards rates were altered by
Paper certificates or definitive securities and electronic records or book-entry securities evidencing ownership of equity, stocks, or debt obligations (bonds).
Most financial institutions recommend that you change your password regularly so that your account is absolutely secure. This is especially the case if you use and easily guessed password that may be ascertained by individuals illegally peering through your discarded data or if you frequently sign on at a computer that you share with
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
Funds held in reserve by a mortgage company to pay taxes, insurance, and other mortgage-related items when due. Can also refer to money, property, a deed or a bond placed in the custody of a third party for delivery to a recipient only when the recipient has fulfilled specified conditions.
To manage your debt and keep your credit in excellent standing, when you use your credit card do not borrow more than 30% of your available credit. Borrow more than that and your credit score may suffer.
Laddering of CDs is a way to obtain high interest rates by purchasing long maturity CDs but at the same time building in a significant amount of flexibility so that you can adapt to market conditions. It involves a strategy that involves multiple CDs maturing in consecutive years. You start the ladder by
Regarding consumer accounts such as checking, savings and CDs, there is no legal regulation that would allow one bank from preventing a customer from opening an account with another bank. If a bank customer has had credit problems at a bank and this bank has reported the issues to a credit reporting company this