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Always read and save your most recent bank disclosures regarding your checking accounts, savings account and/or money market accounts. Understanding the fees, services and interest rates is an important process to make sure you are getting the best bang for your buck. Make sure you know what you are getting, what you are entitled to
With the notable exception of bank mortgage rates, bank rates were lower across the board for the week ending December 3rd, 2010.
CD interest rates were lower for all CD terms measured, savings and money market rates dipped lower and credit card rates fell rather sharply. Mortgage rates were the only category of bank
Atlantic Stewardship Bank is a full service commercial bank in New Jersey. Atlantic Stewardship Bank provides personal, business, and online banking services. The bank services include personal and business checking accounts and time deposits, money market accounts and regular savings accounts.
Atlantic Stewardship Bank has a strong Christian foundation and the founders of the bank incorporated
Yes, generally a national bank shall make funds deposited by cash available for withdrawal by the next day—or not later than the business day after the banking day on which the cash is deposited. A business day is a calendar day other than a Saturday, Sunday, or a Federal holiday. A banking day
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
This is the signing of a check by the holder so that it may be transferred to another party. Some endorsements are restrictive such as “For Deposit Only” or special such as “Pay to the Order of,” where the transferee is named.
Investar Bank is a full service community bank headquartered in Baton Rouge, Louisiana. Investar Bank was founded in 2006. The bank offers a full array of banking products and services for individuals, professionals and small and medium-sized businesses.
Investar Bank products and services includes personal and commercial banking services for mortgages, construction loans, home equity loans,
Choosing a savings plan that makes sense for you and your lifestyle can be a difficult task. Bank products such as money market accounts and CDs are quick solutions for individual and business savings needs. Bank CDs and money market accounts can offer security, high yields and flexibility for savings and investments. Finding the right
Savings bonds and Treasury bonds can make great gifts to start a path of investing for young investors. You can purchase an electronic I Bond as a gift for someone and hold it in the “Gift Box” in your TreasuryDirect account until you are ready to transfer it to the recipient. If you purchase an
The average bank rate on all maturities is now at their low point of the year. The driving forces behind the low rates is varied. Loss of competition with continued bank closures by the FDIC is contributing mildly to this situation. Excess reserves held by banks due to low lending activities contribute to low banks
The way an “Internet bank” is regulated depends in large part on the type of institution it is. Some Internet banks are Internet sites on which customers of “bricks-and-mortar” depository institutions can access transaction services. Other Internet banks operate only through the Internet (“Internet- only”). The Federal Deposit Insurance Corporation (FDIC) monitors
A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies.
Presented to the paying bank 180 days or more after the original issue date. Banks are not required by the Uniform Commercial Code to honor stale-dated checks and can return them to the issuing bank unpaid. The maker of a check can discourage late presentment by writing the words “not good after X
Non Sufficient Funds or A balance in a deposit account that isn’t large enough to pay the checks and other items presented for payment.
AIG Federal Savings Bank or AIG Bank is a Member FDIC, and a member company of American International Group, Inc. (AIG). AIG Bank is regulated by the Office of Thrift Supervision. AIG’s common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo. The company was
Platteville is a city located in the southwest corner of Wisconsin. The city is home to the University of Wisconsin,Platteville. Platteville gets its name from the Platte river that runs through this community that was once populated with mostly fur traders and farmers. First National Bank of Platteville is an independent, locally owned community bank
A table of interest rates paid on certificates of deposit that is used to determine interest-rate changes for adjustable-rate mortgages.
The process of moving an outstanding balance from one credit card to another. This is usually done to obtain a lower interest rate on the outstanding balance. Transfers are sometimes subjected to a Balance Transfer Fee.
The amount paid by a mutual fund to the investment adviser for its services.
Whether interest rates are low or high, compound interest shows its real power over longer investment horizons. More frequent compounding periods further increases the accumulation of interest earned on interest with any type of savings account. Start with small investments in a low minimum balance money market account or bank certificate of deposit if that’s
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