Similiar Content You Might Enjoy
The practice of investing a fixed amount of money at regular intervals, regardless of whether the securities markets are declining or rising.
The First, N.A. was founded in 1864. The First is an independent community bank serving Mid-Coast and Down East Maine with 14 offices in Lincoln, Knox, Hancock and Washington Counties. The bank provides a full range of consumer and commercial banking products and services. First Advisors, a division of The First, provides investment advisory, private
A company hired by a creditor to collect a debt that is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, usually through letters and telephone calls.
Commercial paper is a money market security issued by large banks and corporations. It is generally not used to finance long term investments but more accurately to purchase inventory or for working capital. Commercial paper may be compared as an alternative to a line of credit offered by a bank for a commercial business. Often
The number used to identify an individual or entity for federal income tax purposes.
Distribution of earnings to shareholders. In credit unions, it’s the money paid to members for deposits, similar to the interest banks pay to their customers for deposits
Wyoming cowboys looking to park their spare cash in a fixed rate, safe and secure bank CD need to look no further than one of their own local financial institutions, Cowboy State Bank. Cowboy State Bank is a locally operated bank based in Ranchester, Wyoming, which sits smack dab in the middle of cattle heaven
CD interest rates offered by banks that are available nationally were little changed for the week ending September 25, 2009. Short term bank CD rates, six month and one year term CDs, were unchanged while the longer term CD rates, two year and five year terms, moved in opposite directions by a relatively very small
The amount per share that mutual fund shareholders receive when they cash in shares. The value of a fund’s shares on any given day depends on the current market value of its underlying investment portfolio at that time.
The FDIC does not publish that list. Although the FDIC periodically announces the number of banks they have on the watch list, they do not believe it would be prudent to relesease the names of the banks to the public. The obvious conclusion is that the FDIC is trying to bring these banks
Contracts that require delivery of a commodity of specified quality and quantity, at a specified price, on a specified future date. Commodity futures are traded on a commodity exchange and are used for both speculation and hedging
A fixed-rate mortgage offers you a set interest rate and payments that do not change throughout the life, or term, of the loan. A conventional fixed-rate loan is fully paid off over a given number of years-usually 15, 20, or 30. A portion of each monthly payment goes towards paying back the money
There is no law that prohibits the issuance of a post-dated check. There are laws against issuing checks when the partying delivering this check knows that they don’t have funds to cover it. Using postdated checks in general is never a good business, since it is perfectly acceptable for the bank to pay
To seize something and hold it in legal custody. Items impounded can be cash or other assets.
Can’t possibly explain this just yet. Here are the figures from the 4 week or 28 day Treasury Bill auction.
Allocation at the High 82.27%
Offering Amt 30.0 billion Announce Date 12-08-2008
Auction Date 12-09-2008 Issue Date 12-11-2008
Maturity Date 01-08-2009 Dated Date n/a
Auction Format SINGLE PRICE
Total Tendered $128,455,438,500 Total Accepted $32,420,952,400
Issue Date: 12-11-2008
Maturity Date: 01-08-2009
Discount Rate: 0.000
Investment Rate: 0.000
Price Per $100.00: 100.000000
If you’re a wise financial consumer, you have money in three places – your checking account to pay bills, your intermediate savings account for short-term goals and emergencies, and your long-term portfolio for retirement and other savings goals longer than five years. Your checking account should be minimal with only enough cushion to prevent
Tompkins Financial Corporation is a financial holding company and the corporate parent to three community banks, Tompkins Trust Company, The Bank of Castile, and Mahopac National Bank. Tompkins Financial Corporation also has a wholly owned insurance subsidiary, Tompkins Insurance Agencies, Inc. and a wholly owned financial planning and wealth management subsidiary, AM&M Financial Services, Inc.
When searching for the best bank CD rates, whether you’re banking online or banking at your local neighborhood bank, interest rates are generally the foremost concern and come first when considering the best CD rate options. In today’s tumultuous financial environment, the quality of the bank standing behind the CD investment is becoming of greater
Serving and supporting the community of Oglesby and the surrounding area since 1925 stands Oglesby State Bank. Oglesby State Bank is chartered as a Federal Reserve Non-member. Therefore the primary regulator is the Federal Deposit Insurance Corporation (FDIC). Oglesby State Bank has been FDIC insured since January 1, 1934. The bank has approximately four full
Accepting checks is part of contract law and usually governed by the Uniform Commercial Code. Individual states set the standards for the acceptable term on a check. It is a general standard that a check over 6 months old.