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Making banking easier and more convenient is the goal of Province Bank in Marietta, Pennsylvania. Province Bank believes in providing bank products and services that are designed to be easy-to-understand and even easier to use. The bank was established on September 12, 2000 and has been FDIC insured since that time. The bank has three
It may very well be time to visit Guam to enjoy the sun and sandy beaches, unfortunately this report is on the banks and bank CDs offered in Guam. Clearly, the first purpose to visit the island far outshines the later. Guam is one of five U.S. territories with an established civilian government. The conditions
Bank CD rates were just modestly lower for the week ending September 11, 2009. The short term, six month CD rates took the brunt of the pain while the one year and five year CD rates held steady and the two year CD rates showed a slight loss in yield.
The best six month CD rates
Lacombe is located in St. Tammany Parish, Louisiana, United States. It is part of the New Orleans–Metairie–Kenner Metropolitan Statistical Area. It is also the location for the main office of Central Progressive Bank. Central Progressive Bank was established in 1967 in Amite, LA. Central Progressive Bank has 16 bank branches in Southeastern Louisiana. The bank
A retirement savings program for individuals to which yearly tax-deductible contributions up to a specified limit can be made. The amount contributed is not taxed until withdrawn. Withdrawal is not permitted without penalty until the individual reaches a specific age.
The Fed does not directly control long-term interest rates including mortgage rates. However, approximately two-thirds of U.S. households own their own homes and most homeowners pay a mortgage. Mortgage interest rates therefore have a big impact on consumer behavior. The level of mortgage rates determines how much economic activity takes place in
The FDIC warns that not all banks operating on the Internet are insured by the FDIC. Many banks that are not FDIC-insured are chartered overseas. If you choose to use a bank chartered overseas, it’s important to know that the FDIC may not insure your deposits. Check with your bank or the FDIC if you’re
The regulation, by the Federal Reserve System, of the money supply in order to maximize production and employment and stabilize prices.
Fed fund borrowing is effectively a banks marginal cost to acquire funds. It is the cost of obtaining additional reserves to meet a banks present or expected reserve demands. When a bank is considering making additional loans to businesses or consumers and it is approaching the maximum amount it can loan out based
Yes. The bank can require two forms of picture identification. Federal banking laws or regulations does not prohibit national banks from asking customers for additional identification.
Current stated rates of interest paid or earned.
Interest rates affect the economy very slowly. However, the interest rates on bank loans and the interest rates banks pay to depositors does effect the direction of overall economic output.
The over all level of interest rates can have a profound impact on shaping people’s behavior regarding investments and consumption. The individual decisions in
Bank of the James opened its doors in 1999 and was organized under the laws of the Commonwealth of Virginia to engage in retail and commercial banking business. Bank of the James is a locally owned community bank and serves individuals, small and medium sized businesses and professionals in central Virginia. The Bank’s services include
The fee charged for delinquent payment on an installment loan, usually expressed as a percentage of the loan balance or payment. Also, a penalty imposed by a card issuer against a cardholder’s account for failing to make minimum payments.
(FACT Act or FACTA)
The purpose of this Act is to help consumers protect their credit identities and recover from identity theft. One of the key provisions of this Act is that consumers can request and obtain a free credit report once every 12 months from each of the three nationwide consumer credit reporting companies
A series of unexpected cash withdrawals caused by a sudden decline in depositor confidence or fear that the bank will be closed by the chartering agency, i.e. many depositors withdraw cash almost simultaneously. Since the cash reserve a bank keeps on hand is only a small fraction of its deposits, a large number of
The Bank of Holly Springs opened its doors back in1869. The bank has five bank branches servicing the communities surrounding historic Holly Springs, Mississippi. The Bank of Holly Springs provides consumer bank products such as checking, savings, money market accounts and CDs. The bank has 24 telephone banking services as well as internet banking services.
Royal Palm Bank of Florida is a full service community bank that has three locations in southwest Florida including Naples, Marco Island and South Fort Myers. The bank is relatively young, starting out in 2001. The bank offers financial products for personal banking, commercial banking as well as a variety of electronic banking services and
The interest rate at which financial institutions that are members of the Federal Reserve System may borrow on a short-term basis directly to cover temporary deficiencies in the bank’s reserves. The board of directors of each Reserve Bank establish the discount rate every fourteen days subject to the approval of the Board of Governors.
An EFT authorized in advance to recur at substantially regular intervals.