Rates Current as of Thursday February 09, 2012

USA PATRIOT Act

Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act of 2001 (Public Law 107-66) This law was enacted shortly after 9-11-2001 as a response to enhance law enforcement powers and the ability of the U.S. Government to combat terrorism.

This entry was posted on Saturday, October 11th, 2008 at 5:03 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 " USA PATRIOT Act "

Follow-up comment rss or Leave a Trackback

Similiar Content You Might Enjoy

Bank Rates October 25th, 2010

Interest rates on bank savings and loan products were lower for the week ending October 22, 2010. Although rates were lower on all bank savings and lending products that are examined in the weekly bank rates survey performed by Selectcdrates.com, the rate reductions were relatively mild. Selectcdrates.com Weekly Bank Savings Rate and Lending

Amortization

The process of fully paying off a debt by regular installments of principal and earned interest over a definite time that results in the loan being paid in full.

Federal Funds

Short-term transactions in immediately available funds between depository institutions and certain other institutions that maintain accounts with the Federal Reserve; usually not collateralized.

When you open a deposit account, what kinds of disclosure does a bank have to make?

Before you open an account, banks must provide you with certain disclosures regarding their deposit products. This enables you to make meaningful comparisons among banks. The disclosures must be in writing and in a form you can take home. The bank must disclose information about the following: interest rates, crediting and compounding

Top 5 Money Market Fund Rates

Money market mutual funds had seen their yields drop steadily for most of 2008. To start the New Year, several money market mutual funds are yielding very desirable interest rates. When 2008 came to an end, the best bank CD rates were far eclipsing the best rates found on money market funds. As the credit

CD Rates Change Before The Day Begins

The November 23, 2008 edition of the Orange County Register holds an advertisement placed by MetroPacific Bank for a 7-month term CD with an interest rate of 4.08%. A clear top ten CD rate in California. In order to keep the lists of CD rates current on selectcdrates.com, our staff confirms the bank rates being

Illinois CD Rates at State Bank of Bement

State Bank of Bement is a community bank in Bement, Illinois that has been in operation since 1914. State Bank of Bement offers personal and commercial banking services. The bank offers a wide variety of certificate of deposits with very competitive rates and terms. For consumers who are looking for a short-term investment or long term

Budgets, Savings and the Checking Account

Balancing your checkbook is the most important financial choir you should perform each month. It helps correct errors, helps to budget expenses and maximizes financial resources. The starting point of a good savings program and budget is the checking account. Don’t neglect the value of the information contained in this bank account.

Office of the Comptroller of the Currency – OCC

An independent bureau of the Treasury Department and the oldest federal financial regulatory body. The OCC oversees the nations federally chartered banks and promotes a system of bank supervision and regulation that: promotes safety and soundness by requiring that national banks adhere to sound management principles and comply with the law; and encourages banks

Georgia CD Rates at The National Bank of Georgia

The National Bank of Georgia is Georgia based bank headquartered in Athens, Georgia. The National Bank of Georgia has two offices, one in Athens and one in Gainesville. The bank first opened for business in 2000. The National Bank of Georgia offers a full range of financial products and services to meet a variety of personal

Saigon National Bank 3.95% 12 Month CD California

The Nov. 6th, 2008 Orange County Register presents an ad by Saigon National Bank offering a 12 month CD with an interest rate of 3.95%. There is a $1,000.00 minimum to open the account. Saigon National Bank can be reached at 714-338-8700, through their website at www.saigonnational.com or at the bank location on 15606 Brookhurst

New Dominion Bank North Carolina CD Rates

New Dominion Bank is running an advertisement this week for their Access CD. This CD has a term of 9 months with an APY of 3.75%. The bank waives the early withdrawal penalty after the first six days of the account term and after the first six days following any partial withdrawal. A $3,000.00 minimum

Reinvestment Privilege

An option whereby mutual fund dividends and capital gain distributions automatically buy new fund shares.

Check Hold Policies

A checking account hold serves to let the bank know for sure that a deposit is legitimate. In October of 2004 Congress passed what is called Check21 legislation that allows banks to process copies of your checks, not the checks themselves. This is intended to speed up the process of clearing payments out of one

Credit Application

A form to be completed by an applicant for a credit account, giving sufficient details (residence, employment, income, and existing debt) to allow the seller to establish the applicant’s creditworthiness. Sometimes, an application fee is charged to cover the cost of loan processing.

Bank CD Rates September 29, 2009

Interest rates were mostly lower on the close of Monday, September 28. The six month Treasury rate dipped two basis points or 2/100 of a percent to close at 0.18%. The one year Treasury was down one basis point ending at 0.40%. The two year Treasury was unchanged at 0.98%. The five year Treasury rate

Bank Competition is a Consumers Gain

Whether you accumulate your cash in a bank, thrift or a credit union, there are numerous savings options within these financial institutions from which to choose. Checking accounts have a plethora of features to choose from, money market accounts combine the features of checking and high yields and CD rates are paying returns well above

CD Rates in NY at First Niagara Bank

First Niagara was founded as a community bank more than 139 years ago in Lockport, N.Y. First Niagara Bank is a community oriented bank providing financial services to individuals, families and businesses. The bank provides personal and commercial banking, investment, and insurance products to customers in New York. First Niagara Bank is active in 21 counties,

What are institutional money market funds?

Institutional funds are held primarily by businesses, governments, institutional investors, and high-net worth households. Institutional funds hold 60 percent of all money market fund assets.

California CD Rates with Compass Bank

Compass Bank is one of the 25 largest banks in the U.S. The bank is headquartered in Birmingham, Alabama and operates more than 720 bank branches in Texas, Alabama, Arizona, California, Florida, Colorado and New Mexico. Compass Bank is a wholly owned subsidiary of BBVA. BBVA acquired Alabama based Compass Bank in 2007, BBVA Compass then

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 a tiered money market account or savings account?

A tiered money market account is a bank account that pays different interest rates depending on the balance in the account. Typically, the higher the balance in the account the greater the interest rate that is earned on the account.

Is there a web site that allows me to enter my US saving bonds (Series E and EE) and find out how much they are worth?

The Treasury Department offers a couple of options on its TreasuryDirect Web site. The simplest is its savings bond calculator. It will provide redemption values for Series E, EE and I bonds. The second alternative is also found on the treasury’s site and is the savings bond wizard. This program must be downloaded

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.

One of the first pieces of advice I get is to build an emergency fund at a bank. Why?

Emergency funds are a necessity for financial safety measures because they give you resources to fall back in times of financial emergencies such when you become very ill or disabled and can’t work, or if you or your spouse lose your job, incur large medical bills, or have an unexpected large bill such as a

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

USA PATRIOT Act

No user commented in " USA PATRIOT Act "

Leave A Reply

CD Rate Updates

Banking & CD FAQs

Bank & CD Tips