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Five Star Bank Locations

Posted in December 24th, 2009
by admin in Bank Directory

Five Star Bank has 50 bank branches in Western and Central New York.  Five Star Bank also offers access to over 90 bank ATM locations.
Search through each branch bank location in New York to find Five Star Bank locations and bank products and services that include savings accounts, money market accounts, certificate of deposits, competitive [...]

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Wells Fargo Secured Credit Card

Posted in December 2nd, 2009
by admin in Credit Card Reviews

The Wells Fargo secured credit card is one of the many credit cards offered by Wells Fargo Bank, one of the top five largest banks in the U.S.  This credit card works like any other credit card, and can be used wherever bank credit cards are accepted or more specifically, wherever Visa credit card are [...]

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Capital City Bank

Posted in November 24th, 2009
by admin in Bank Directory

Capital City Bank branch locations in Florida, Georgia and Alabama.  Bank directory lists Capital City Bank offices alphabetically by city and state.  Find bank branches for all Capital City Bank locations with the complete bank address and description.
Capital City Bank has over 65 branch bank offices in Florida, Georgia and Alabama.  Capital City Bank and [...]

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Credit Cards for Everyday Expenses

Posted in November 23rd, 2009
by admin in Credit Card News

Simply having a credit card that you put all of your purchases and expenses on can make personal money management a simpler task.  By having all of your expenses recorded in one easily distinguishable source and location, money management and budgeting can be handled more efficiently and effectively.  If you are prudent and careful in [...]

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CD Rate Updates

CD Interest Rates Continue to Fall July 19, 2010

National certificate of deposit rates once again moved lower for the week ending July 16, 2010. According to the most recent survey of bank CD rates performed by Selectcdrates.com, CD interest rates were lower for three of the five CD maturities measured and remained unchanged for the remaining two terms.
The average of the top [...]

Bank CD Interest Rates June 21, 2010

Certificate of deposit interest rates were just fractionally lower for the week ending June 18, 2010 based on the survey of bank CD rates performed by Selectcdrates.com. National CD rates for the three month, six month and two year maturities ended the week unchanged from the prior week. The one year and five [...]

Bank Certificate of Deposit Rates June 14, 2010

Certificate of deposit interest rates ended the week on June 11th with mixed results across the various maturities. The average yield for the five year CD rates ended with a gain on the week while the six month and one year term CDs remained unchanged. Unfortunately, the average rate on the top ten [...]

Banking & CD FAQs

Is it possible to increase FDIC insurance coverage by dividing my bank deposits into several different accounts at the same bank?
Yes, deposit insurance coverage can actually be increased if the accounts are held in different categories of ownership. These categories include single accounts, retirement accounts, joint accounts and revocable trust accounts. The accounts must be distinctly, different owned accounts.
How does a money market fund try and maintain a stable $1.00 net asset value and still pay a good rate of return?
Money market funds are strictly 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 was established to establish numerous 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
Can A bank pay a check after a stop payment is placed on the check?
Generally, banks honor a stop payment request. If you properly record a stop payment order and the bank cashes the check, the bank may be liable for the cashed check. However, the bank may not be liable if you fail to provide enough information to identify the check or you fail to provide
Will FDIC insurance protect creditors and shareholders in a bank that fails?
The FDIC insurance is established to protect only the depositors and only certain deposits. Since a safe deposit box is not technically a deposit, it would not be covered. In a situation where some depositors may also be creditors or shareholders of an insured bank they would benefit by the coverage of deposits
National Averages
CD Rates, Bank Rates,
Fund Rates and Key Rates
6 Month CD Rates
1.18%

1 Year CD Rates
1.49%

2 Year CD Rates
1.85%

5 Year CD Rates
2.85%

-----------------
Money Market Act. Rates
1.21%

Savings Account Rates
1.39%

Money Market Fund Rates
3.11%

Tax Exempt Fund Rates
2.39%

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Bank & CD Tips

Informed Investors Compare and Shop Information and Markets
Do not give control of your money to someone else without monitoring and understanding every detail.  This is not saying that you should not let someone else help you manage your money.  It means you should not blindly follow someones advice or money management techniques whether this advice for stock holdings, the direction of interest
Bank Fees and Credit Card Fees
Don’t be in the habit of thinking of your credit card as a loan.  It’s a convenience.  Pay all credit card balances in full each month.  Leaving a balance on a credit card account will leave you susceptible to a very high interest rate or APR.  It’s like throwing money away.  Extra interest charges and
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