Similiar Content You Might Enjoy
Not necessarily, as a drop in the Federal Funds rate also affects the Prime Rate on which investments as well as debts are based. While a drop in the Prime Rate may be good for adjustable rate mortgage payers and credit card holders, interest rate sensitive investments will also be affected. If you
A formal agreement establishing a trust.
The right to buy or sell a security or commodity at a specified price during a specified period. The holder of an option has the right, but not the obligation, to buy (call option) or sell (put option) a security or commodity at a specified price during a specified period. The writer of an
Starting with a promotional certificate of deposit that has an interest rate of 3.00% APY for an 11 month term, Seneca National Bank has broad assortment of CD rates and savings vehicles to choose from. The bank is a locally owned and operated financial institution that was founded in 1999. Seneca National Bank is chartered
A Money Market Fund is a mutual fund that is required by the US Securities and Exchange Commission to invest in low-risk, high quality securities. Unlike a Money Market Account, a Money Market Fund is not insured by the FDIC (Federal Deposit Insurance Corporation.) However, the underlying investments that make up the fund
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
Bank rates moved higher this past week as the markets have gained stability and refocused on economic conditions and away from geopolitical risks. Tensions in Ukraine have settled down, at least temporarily, and the bond and stock market spent the week digesting the economic data and business news that has hit the streets.
The economic data
Bank CD interest rates moved slightly higher at the end of the holiday shortened, first week of July. Long term rates led the move to the upside with shorter term CDs holding stable over the week. The rise in CD rates was instigated by the robust monthly jobs report released on Friday, July 5th which
Abington Bancorp, Inc. is the holding company for Abington Bank. Abington Bank is a Pennsylvania state chartered, FDIC-insured savings bank which was originally organized in 1867. Abington Bank conducts business from its headquarters and main office in Jenkintown, Pennsylvania as well as twelve additional full service branch offices and seven limited service banking offices located
Trouble with the U.S. economy and the European debt crisis stay front and center in 2012 when it comes to the direction of interest rates. In the past week, we found out that December retail sales were disappointing with a rise of just .01 percent and Standard & Poor’s is getting ready to change the
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
Funds that a depository institution is required to maintain as vault cash or on deposit with a Federal Reserve Bank; required amount varies according to required reserve ratios set by the Board of Governors and the volume of liabilities that require the reserves held by the institution.
First Shore Federal Savings and Loan is a Maryland based bank. The bank was founded in 1953. First Shore Federal’s main office is located in Salisbury, Maryland with six additional bank branches in Maryland as well as one additional bank branch in Delaware.
First Shore Federal offers personal and commercial banking services. The banking services include
Wainwright Bank & Trust Company provides a variety of financial services. The bank was founded in 1987. Wainwright Bank & Trust Company is a $1 billion publicly traded commercial bank. The bank is headquartered in Boston with over a dozen bank branches throughout the Greater Boston area.
The bank provides deposit and savings accounts that range
There is no better time than the present to begin saving money. Setting a goal for saving will help you focus on more effective money management and prevent you from making unnecessary purchases. Use your bank accounts to analyze your present spending patterns and help increase your savings yields. Unfortunately, most people are not saving
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
Damascus Community Bank is a Maryland based bank. The bank is based in Damascus, Maryland and three bank branches in Montgomery County, two bank branches in Frederick County and one bank branch in Carroll County. Damascus Community Bank was founded in 1988 and remains a locally owned and managed community bank.
Damascus Community Bank provides individuals
Time deposits and money market accounts that are not held by depositor other than individual(s). These can include deposits held by corporations, deposits owned by foreign banks and certain proceeds from banker’s acceptances.
EVB Bank is an independent, full-service community bank located in Tappahannock, VA. The bank provides a wide range of financial products and services for personal and business banking including competitive Virginia CD rates. The bank offers standard retail bank services and products such as checking accounts and savings accounts, money market accounts, CDs, IRAs, and
First National Bank of Syracuse has been serving the communities of southwest Kansas for over 100 years. The bank’s main location is in Syracuse, Kansas but also has a branch in Johnson, Kansas and two branches in Garden City, Kansas. Whether it is checking accounts, savings accounts, CDs, investments or loans, the bank offers the