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Sitting at the crossroads in Georgia is the Bank of Perry. Perry Georgia is a community recognized as the crossroads of Georgia because of its location at the intersection of Highways US 341, US 41, GA 127, and I-75. It is a beautiful community with practically no traffic jams, affordable living, relaxing environment, a slower
Bankcda is a private, locally-owned, full service commercial bank headquartered in Coeur d’Alene, Idaho. The bank serves the Kootenai County and its surrounding marketplace. Bankcda started up May 17, 2001 and has two bank branches in the region. The bank focuses on small businesses and individuals seeking personal banking relationships. The bank offers its services
In the most recent survey of bank rates conducted by Selectcdrates.com, CD rates inched up slightly, credit card rates held firm and mortgage rates dipped for most home loan products. Bank savings rates and lending rates, this past week, moved in the general direction of the Treasury yield curve.
Treasury rates were modestly higher on the
Bonds that pay interest but the interest is dependent on earnings benchmarks for the issuing firm.
Bank certificate of deposit rates for the week ending November 13, 2009 were lower for all maturities with the exception of the five year term bank CD. The greatest CD rate reductions were on the mid term, two year bank CDs with the short term rates experiencing only a mild decrease in the average interest
Long term bank rates, mortgage rates and CD rates were all bumped higher when the first week of September came to a close on the Friday the 6th. Strengthening economic news and the prospect that the Fed will begin to taper their bond buying stimulus program very soon was the catalyst for the rate spikes.
Park Cities Bank is now offering the best 6 month CD rate in Texas. Park Cities Bank has a 6 month CD with an interest rate of 4.00%. Not only is this an outstanding 6 month CD rate, but the bank also offers a 9 month CD that yields 4.25%. For CD accounts that have
California General Bank N.A. is an independent commercial bank based in Pasadena, California. The bank was established on March 9, 2009. California General Bank, N.A. has been FDIC insured since March 9, 2009. The bank is chartered as a National Bank and therefore the primary regulator is the Office of the Comptroller of the Currency
A traditional approach to determining the finance charge payable on an extension of credit. A predetermined and certain rate of interest is applied to the principal.
Some longer term high yielding CDs have “call” features, meaning that the issuing bank may choose to terminate or call the CD after a fixed period of time. Only the issuing bank may call a CD and not the investor. For example, a bank might decide to call its high-yield CDs if
South Valley State Bank and Trust opened its doors in Klamath Falls, Oregon on January 12, 1977. The bank has sixteen full service bank branches in Oregon. South Valley Bank & Trust is chartered as a Federal Reserve Non-member. The primary regulator is the Federal Deposit Insurance Corporation (FDIC). Bank branch offices are located in
River Falls State Bank is a Wisconsin based bank that offers a number of competitive mortgage loan programs in the Badger State along with a number of other financial services and products. River Falls State Bank has been offering home loans before the ferocious badger was selected as the state animal. The bank started in
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
If the account has a standard POD or pay on death beneficiary assignment, the beneficiary has no liability for bounced checks. The designation of the beneficiary isn’t final until the death of the owner. A beneficiary has no ownership interest in the account until the owner dies. Therefore, the beneficiary isn’t responsible for
Federal Reserve Currency and Coin Services
An important function of the Federal Reserve is ensuring that enough cash—that is, currency and coin—is in circulation to meet the public’s demand. When Congress established the Federal Reserve, it recognized that the public’s demand for cash is variable. This demand increases or decreases seasonally and as the level of
The Federal Reserve System is the central bank of the United States. The Fed was created by an act of Congress in 1913. The basis of this creation was to create a government entity directed with the responsibility to foster a sound banking system and a healthy economy. The Federal Reserve System
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.
Bank rates were higher across the board this past week with the rise in lending rates remaining relatively light while the rise in savings products was more pronounced. Mortgage rates inched a little higher over the course of the week along with consumer credit card rates. Bank CD rates increased by a slightly larger magnitude
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
Certificate of deposit rates were down modestly last week while Treasury rates continued a slow, measurable and sustained climb. With Treasury rates finally making a continuous move upwards, higher CD rates may soon arrive.
Of course, expectations for higher Treasury rates have been around for several months without a sustained rise in rates ever materializing and rates