Rates Current as of Wednesday February 08, 2012

Cashier’s checks or Money Orders are certified checks because you must have cash to purchase these negotiable items, and these items are often insured by the issuing bank. Personal checks are not certified funds.

This entry was posted on Saturday, October 11th, 2008 at 9:03 pm and is filed under FAQs. 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 " What is the difference between a personal check and a cashier’s check? "

Follow-up comment rss or Leave a Trackback

Similiar Content You Might Enjoy

CD Interest Rates Slide The First Full Week of the Year January 9, 2012

With the first full week of 2012 behind us, bank CD rates started up in the same direction they ended 2011, dropping down lower. The average bank CD rate in the Selectcdrates.com weekly CD rate survey slipped lower by one basis point or 1/100th of a percent. The average CD interest rate in the weekly

Short Term Savings

Short term savings refers to money that you keep out of your checking account and stash away somewhere close in case of an emergency or a planned expense in the not too distant future. This may be a fund for something unexpectedly unhappy like car repairs, or it may be for something like college tuition in

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

Dime Direct 4.10% CD and Money Market Account

Dime Savings Bank is advertising a 4.10% interest rate on either a one year CD or money market account. The one year CD requires a minimum $500.00 to open the account and receive the advertised yield. The money market account has a 4.10% APY that is guaranteed for 3 months on balances up to $100,000.00.

Money Market Mutual Fund Management

Every actively managed money market mutual fund will have a professional management team. The manager will be responsible for making investments to produce a return or profit to capitalize on investor’s interest as well as try and exceed the market averages for that investment objective. The money market funds professional managers constantly monitor the money

High CD Rates at California Community Bank

Community banks are seen as an integral part of the economic of small towns and large cities in every U.S. state. Very often, the best terms for loans and bank savings rates can be found at community banks. A community bank that has been providing a wide selection of financial services as well as high

CDARS

CDARS is an acronym for Certificate of Deposit Account Registry Service. CDARS is a deposit placement service offered through the Promontory Interfinancial Network. The real value and potential benefit with CDARS is the extended FDIC coverage for large CD holdings. When a bank places a customer’s large deposit using the CDARS service, that deposit

E or EE Bond

One type of debt instrument issued by the United States government to the general public. The bonds are available in small denominations and are purchased at a discount to earn interest at a prescribed rate.

CD Rate of the Week

This week’s special CD rate comes from State Farm Bank. State Farm Bank operates as a subsidiary of State Farm Mutual Automobile Insurance Company. The bank is based in Bloomington, Illinois. The special certificate of deposit offer from State Farm Bank is on their 28 month certificate. The 28 month CD rate is currently at 3.00%.

HSA’s and Banks

A Health Savings Account (HSA) in conjunction with a high-deductible health plan is a relatively new way to lower your health care costs. It’s a tax-advantaged account that can be used to pay for day-to-day eligible medical expenses. An HSA is also an excellent way to save for future health expenditures with the

Bank Fees, Credit Card Rates and Credit Card Fees

Credit card fees and bank fees are too of the biggest recurring fees consumers are charged by financial institutions. Maintain the right bank account to avoid low balance fees and overdraft fees on your checking account. For credit cards, search for the best credit card with a low interest rate and avoid making the monthly

Time Certificate of Deposit

A time deposit evidenced by a negotiable or nonnegotiable instrument specifying an amount and maturity.

Mother Lode Bank

Mother Lode Bank is based in Sonora, California. The bank was established on July 30, 2004. Mother Lode Bank has been FDIC insured since July 30, 2004. Mother Lode Bank is chartered as a Federal Reserve Non-member. Therefore the primary regulator is the Federal Deposit Insurance Corporation (FDIC). At the close of 2008, the bank

Custodial Account

An account held by a custodian, often under the Uniform Gifts/Transfers to Minors Act (UGMA or UTMA). The custodian manages property owned by a minor in such cases.

Compare Bank Accounts and Account Use First

When you review and compare bank products for the highest interest rates and lowest fees make sure you’re signed up for the right bank services to meet your needs. Sometime a simple adjustment to your existing banking routine can get you a higher interest rate or reduce or eliminate certain service charges. Having your paycheck automatically deposited

Central Illinois Bank CD Rates and More

Central Illinois Bank is an Illinois chartered bank and wholly owned subsidiary of CIB Marine Bancshares. Central Illinois Bank offers both personal and business banking solutions. The bank is based in Champaign, Illinois with additional bank branches in Danville, Arrowsmith, Bloomington, East Peoria, Decatur, and Arthur, Illinois. The bank provides lending products including demand deposits, savings

Bank Funds Availability and Check Clearing Times

Opening a bank account and making deposits doesn’t necessarily mean those funds are immediately available for use. When you deposit a check into a bank a holding period is usually placed on the funds. This waiting period is the length of time the bank will hold the check or checks in order to

Scott Valley Bank, California

Scott Valley Bank is California’s oldest independent bank. The bank was established in 1912 and has been FDIC insured since January 1, 1934. Scott Valley Bank is chartered as a Federal Reserve Non-member. Therefore the primary regulator is the Federal Deposit Insurance Corporation (FDIC). As of March 31, 2009 Scott Valley Bank had approximately 113 total

CD Rates New York with Carver Federal Savings Bank

Carver Federal Savings Bank is a federally chartered savings bank that offers consumer and business banking products and services in New York. The bank is headquartered in Harlem, and operates nine full-service bank branches in the New York City boroughs of Brooklyn, Manhattan and Queens. Carver Bank is the largest African-American operated bank in the United

Bank CD Interest Rates April 26, 2010

Bank certificate of deposit rates showed little movement across most maturities for the week ending April 23, 2010. The changes that took place were along the one year term bank CDs with the six month, two year and five year terms remaining unchanged. The limited rate change that did take place was in the wrong

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 do I do if my bank statement shows an incorrect amount for an ATM withdrawal?

Always save your ATM receipts until you are able to compare them to your monthly statement or you verify your transactions online. If you believe there’s an accounting error involving an ATM transaction, the federal Electronic Fund Transfer Act (EFTA) offers protections. To be fully protected under the EFTA the law states,

When I bank online how often is my account updated?

More and more banking takes place in real time. This doesn’t mean that your paychecks will clear and be available the minute you deposit them, but it does mean that if you deposit the check at an ATM you may very well see a record of that deposit online by the time you get

What is the difference between a money market fund and a money market account?

One big difference is a money market account is an interest earned savings account that is offered by a FDIC insured financial institution. The FDIC insures up to $100,000. Whereas the money market mutual fund is based on a seven day average yield rather than an annual yield. However, the effective rate is

My bank is charging me exorbitant ATM fees. Is this legal?

Yes. Federal law allows banks to charge non-interest charges and fees, including deposit account service charges. All fees should be determined on a competitive basis within the market. Each bank should make the decision on the type, amount, and method of calculation based on sound banking judgment and safe and sound banking

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

What is the difference between a personal check and a cashier’s check?

No user commented in " What is the difference between a personal check and a cashier’s check? "

Leave A Reply

CD Rate Updates

Banking & CD FAQs

Bank & CD Tips