Rates Current as of Friday February 10, 2012

« If I open a money market deposit account at my bank with $50,000 is there any chance that I can lose part of my money or my balnc can dwindle if the bank invests this money is some investments that default?

If I want to set up an account at the local bank for my nephew under the Uniform Transfers to Minors Act (UTMA). Can I set up the account, or do his mother or father need to set it up? »

What is the Texas Ratio as it applies to a bank financial health?

The Texas ratio is a measure of a bank’s financial strength and standing by evaluating the ratio of non-performing loans to its equity position. The ratio measures loans in default against the present capital base taking into consideration loan loss allowances.

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What is the Texas Ratio as it applies to a bank financial health?

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