Rates Current as of Tuesday February 07, 2012

The organization that sells a mutual fund’s shares to broker-dealers and investors.

This entry was posted on Saturday, October 11th, 2008 at 5:02 pm and is filed under Glossary. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

No user commented in " Underwriter "

Follow-up comment rss or Leave a Trackback

Similiar Content You Might Enjoy

Hold

Used to indicate that a certain amount of a customer’s balance may not be withdrawn until an item has been collected, or until a specific check or debit is posted.

How much money do I need to open up a different checking and savings account?

There is no regulation governing how much money is required to open a new account, regardless of whether that account is a checking, savings or certificate of deposit. The minimum amount needed to open a new account is at the discretion of the individual financial institutions. They will be able to identify the

Commercial Account

A bank account owned by a business. These are generally checking accounts or demand deposit accounts. Business or commercial bank accounts will usually have higher monthly fees and service charges.

Bond

A debt security issued by a company, municipality, or government agency. A bond investor lends money to the issuer and, in exchange, the issuer promises to repay the loan amount on a specified maturity date; the issuer usually pays the bondholder periodic interest payments over the life of the loan.

Freedom of Information Act

A Federal law that mandates that all the records created and kept by Federal agencies in the executive branch of government must be open for public inspection and copying. The only exceptions are those records that fall into one of nine exempted categories listed in the statute.

Free Reserves

The reserves of a bank accounted by the Federal reserve which are in excess of the banks legal requirement.

Money Market Fund Interest Rates

Total return is generally regarded as the best measure of fund performance because it is the most comprehensive. Total return includes dividend and capital gains distributions along with any changes in the fund’s share price. A dividend distribution comes from the interest and dividends earned by the securities held by a fund; a capital gains

Exception Hold

A period of time that allows the banks to exceed the maximum hold periods defined in the Expedited Funds Availability Act.

Compund Interest and Bank Services

Compound interest is most often valued on savings and investments that accrue interest frequently like bank savings accounts, bank CDS, money market accounts and deposits. Since compound interest is such a powerful tool in personal finance it is extremely important that you maximize its value by seeking the bank or financial institution that pays the

Bank CD Interest Rates, Mortgage Rates and Savings Rates May 16, 2011

Bank rates remained firm over the past week with most bank savings rates and lending rates barely moving. Economic news for the week was particularly light. An announcement from the Treasury Department on foreign Treasury securities holdings indicated that China had reduced its total investment in U.S. Treasury debt for the 5th consecutive month, the

CD Rates and Credit Card Rates Hold While Mortgage Rates Rise January 23, 2012

The equity markets have started 2012 on a very upbeat note which is putting some pressure on interest rates to finally move higher. As the week ending January 20th came to a close, mortgage rates worsened by a good margin while CD rates and credit card rates were kept in a holding pattern. The stress

Bank Rates, CD Rates and Mortgage Rates all End Lower December 12, 2011

CD interest rates, mortgage rates, savings account rates and credit card rates were all down for the week ending December 9, 2011. The rate reduction among the various bank savings rates and lending rates was relatively weak, but the downward trend was experienced across the board for all bank products surveyed. With this recent slip in

NOVA Bank & Pennsylvania Business Bank

NOVA Financial Holdings, Inc is a multiple bank holding company that operates two wholly owned subsidiaries, Pennsylvania Business Bank and NOVA Bank. As a registered bank holding company and is subject to regulation and supervision by the Board of Governors of the Federal Reserve System. On November 10, 2008 NOVA Financial Holdings completed the merger with

Fraud Alert

A key provision of the Fair and Accurate Credit Transactions Act of 2003 is the consumer’s ability to place a fraud alert on their credit record. A consumer would use this option if they believe they were a victim of identity theft. The alert requires any creditor that is asked to extend credit

The ATM Machine

It may surprise you to know that ATM machines were not popular when they first appeared. Consumers were wary of letting a machine handle their money, and they greatly preferred face-to-face interactions. But ATMs are much more profitable for banks as they don’t require paying a friendly smiling face to greet customers.

CD Rates and Early Redemptions

The advantages of bank CDs and U.S. Treasury securities are they have almost no risk to principal. An investor in Treasury securities can experience a loss if they sell the security at below its face value before it matures; otherwise the resources of the U.S.government back the principal and interest payments. Similarly, an investor in

The Best One, Two, Three in Louisiana

Finding certificate of deposit rates above 4.00% has become increasing more difficult. In Louisiana, one bank is offering a yield in excess of 4.00% on a several different term CDs. Crescent Bank & Trust offers some of the highest CD rates along all maturities in Louisiana. The interest rates offered in the categories of one

Chase San Antonio Sw Military

Chase San Antonio Sw Military 2130 Sw Military Dr San Antonio, TX 78224 Chase Bank Phone Number: 210-932-5100 Chase Bank Hours of Operation: Mon-Fri 9:00-6:00 Sat 9:00-3:00 Sun Closed Chase Bank Drive-up Hours: Mon-Fri 7:00-6:00 Sat 9:00-3:00 Sun Closed More resources regarding Chase Bank in San Antonio and Chase Bank services and products are available. Additional banks and bank locations in Texas can be found at the Bank Directory. To

Payoff

The complete repayment of a loan, including principal, interest, and any other amounts due. Payoff occurs either over the full term of the loan or through prepayments.

Board of Governors

Central governmental agency of the Federal Reserve System, located in Washington, DC, and composed of seven members who are appointed by the President and confirmed by the Senate. The Board is responsible for domestic and international economic analysis with other components of the System; for the conduct of monetary policy; for supervision and regulation

CD Rate Updates

CD Interest Rates Mildly Lower January 30, 2012

In the most recent survey of bank CD rates conducted by Selectcdrates.com, CD rates slumped slightly compounding last week’s similar dip. The average yield on the Selectcdrates.com CD rate index moved down to 1.081 percent from an average rate of 1.087 percent found in the previous rate survey. The Selectcdrates.com index covers the top ten [...]

CD Interest Rates Hold Steady January 23, 2012

CD rates remained relatively stable in the most recent survey of the top national CD rates. The average CD rate, as measured by the rates on the best three month, six month, one year, two year and five year CD rates, was unchanged from the previous week. The Selectcdrates.com weekly CD rate survey showed the [...]

CD Interest Rates Display Little Change January 16, 2012

The best CD interest rates available were little changed over the past week. Based on the most recent survey of bank CD rates performed by Selectcdrates.com, the average CD rate gave up less than one basis point or 1/100th of a percent week over week. The average CD rate on the highest three month CDs, [...]

Banking & CD FAQs

What is electronic check conversion?

Electronic check conversion is a process in which your check is used as a source of information–for the check number, your account number, and the number that identifies your financial institution. The information is then used to make a one-time electronic payment from your account, an electronic fund transfer. The check itself is

How does inflation affect my bank accounts?

Since there are several different types of bank accounts, inflation will have varying degrees of impact on them. Inflation erodes the value of our money. Higher inflation leads to a greater amount of funds needed to purchase consumer goods. As goods become more expensive we need our investment rates of return to

I cashed in my CD before it matured, and the bank charged me an early withdrawal penalty. Can it do this?

Yes. Time certificates of deposits or CDs are not completely liquid. When you buy one, you enter into a contract involving a fixed amount of money, principal, for a predetermined period of time, the term, and an agreed-upon interest rate and yield. Banks are permitted to assess an early withdrawal penalty whenever funds from

What is the money market?

The term money market refers to the market for short-term debt instruments with maturities typically of one year or less.

Best Rates on CDs
Best Interest Checking Account Rates

Discover Bank IRA CD Rates

Emigrant Direct
Sallie Mae Savings

Bank Deals
Checking Account Promotions
Chase Bank Promotions Bank of America Promotions
Capital One Promotions
Citibank Promotion

Second Chance Bank Account
Online Checking Accounts Roth IRA Accounts

Best Credit Card Rates Low Interest Credit Cards Business Credit Cards Credit Cards with Cash Back Credit Card Applications
Best Credit Card Offers
Low Interest Rate Credit Cards
Credit Cards for Bad Credit

Best Prepaid Cards
Chase Bank Credit Cards
Chase Credit Card Offer Chase Freedom Card
Chase Credit Card Interest Rates
Wells Credit Cards
Apply for Citibank Credit Card
Citicreditcard
Student Citi Card
Citibank Dividend Card Balance Transfer Credit Card HSBC Bank Household Bank Credit Card

Personal Checking Account
Bank Certificates of Deposit
Compare Savings Accounts
Setting Up a Bank Account Online Bank Services
Bank Information
Open a Bank Account
Bank Money Markets
Bank IRA Accounts

Mobile Banking Online Banking

CD Ladder
CD Loan

Best Checking Accounts

Senior Checking Account

Car Loan Rate

Business Checking

Online Brokers

----------Calculators ---------

Savings Account Calculator
Compound Interest Calculator
Mortgage Payment Calculator

About Us | Contact Us | Privacy Policy

Underwriter

No user commented in " Underwriter "

Leave A Reply

CD Rate Updates

Banking & CD FAQs

Bank & CD Tips