Rates Current as of Thursday February 09, 2012

X-mark Signature

A signature made by a person unable to sign his or her name. To be legally valid, the signature must be witnessed by another person.

This entry was posted on Saturday, October 11th, 2008 at 4:47 pm and is filed under Glossary. 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 " X-mark Signature "

Follow-up comment rss or Leave a Trackback

Similiar Content You Might Enjoy

Labor Department release November 20, 2008. Unemployment claims.

The U.S. Department of Labor released unemployment claims for the week ending November 15, 2008. The Seasonally Adjusted Figures: The advance figure for seasonally adjusted initial claims was 542,000, an increase of 27,000 from the previous week’s revised figure of 515,000. The 4-week moving average was 506,500, an increase of 15,750 from the previous week’s revised average

CD Rates of Mena

Mena is a vacation and retirement paradise. This paradise is situated within the mountains, valleys, thick forests and fertile plains within the borders of the United States. A paradise that can be found in Polk County, Arkansas. A paradise that is the hometown of Union Bank of Mena. Union Bank of Mena was established in 1934

A deposit was credited to my account by mistake. Can the bank freeze the account?

Yes. The bank may freeze the account to ensure that no funds are withdrawn before the error is corrected. Or the bank may place a hold on the deposit.

Interest Rate Index

A table of yields or interest rates being paid on debt that is used to determine interest-rate changes for adjustable-rate mortgages and other variable-rate loans.

Banks Make It Easy To Switch

Chasing high bank CD rates is always a sound strategy to increase the rate of return on emergency funds, reserve funds, retirement funds and more. Switching has become a far easier process. Now banks are making it even easier to collect your funds form on bank and transfer them to another. It means you can

Bank Rates and Treasury Rates Update

The last week of November saw the average for all bank certificate of deposit maturities end the month with lower yields along with bank money market account rates and bank savings account rates. With rates starting the year at relatively low levels, there were not very many economists that expected rates to fall further. However,

CD Rates Eight Times the Rate on Treasuries

U.S. Treasury rates are considered one of the most secure investment vehicles in the market. Treasury yields are backed by the full faith and credit of the U.S. government. Unfortunately with the security comes returns that are scarcely better than filling your mattress with the cash. The interest rate on 26 week treasury bills on

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

Actively Manage Interest Bearing Bank Accounts

Never overlook the value of interest bearing bank accounts. Manage your choices for investing in a bank as carefully as you manage any other investments and you will find that your rates return will increase while avoiding the erosion of fees and inflation. Incremental increases in the yield on a bank account will add up

CD Rate Blues

The CD rate blues concerns the bank CDs rates of Blue Ridge Bank of Walhalla. Blue Ridge Bank is a full service bank that prides itself on service to its customers and conservative banking practices. The bank has been FDIC insured since June 17, 1957. Blue Ridge Bank of Walhalla is chartered as a Federal

The Best Two Year CD Rate in Nevada

While it continues to become more difficult to find CD rates that are 4.00% or greater without locking up your investment for four or more years, a local Nevada banking institution is offering that yield on a term of just two years. Community Bank of Nevada has the highest CD rate on a two tear

What is overdraft protection?

Overdraft protection is an agreement with the bank or financial institution to cover overdrafts on a checking account. This service will typically involve a fee and be limited to a preset maximum amount.

Bank Competition, Savings Rates and the FDIC

Competitive banks are generally paying higher yields on certificates of deposit and savings accounts to attract customers. Banks historically paid the lowest rates of return since most bank accounts carry FDIC insurance that protects your principal. As of the number of a banks has increased and the profitability of banks is often tied to their

Bailout

Financial assistance provided to a bank or savings institution that is undercapitalized do to eroding earnings for loan losses, drop in value of investments held as a result of poor market conditions or a rapid loss outflow of deposits. The FDIC may bailout the depositors by infusion capital or the FDIC arrange for the

Offset, Right of

Banks’ legal right to seize funds that a guarantor or debtor may have on deposit to cover a loan in default. It is also known as right of setoff.

Money Market Funds – Mutual Funds Management Fees

Typically, the largest money market mutual fund expense is the management fee charged by the fund’s advisor, which is usually also the sponsor of the fund. This fee compensates the fund’s advisor for administering the fund and managing its portfolio. Money market fund management fees are fees used to compensate the portfolio management team. Mutual fund

CD Rates in Alabama at Bank Independent

Bank Independent offers a variety of savings options in Alabama including competitive bank certificate of deposit rates. Bank Independent is an Alabama based community bank. The bank has been servicing businesses and consumers in North Alabama since 1947. Bank Independent offers several ways to manage your money through a variety of checking accounts, savings accounts, money

Demand Deposit

A deposit that can be withdrawn at any time without advance notice. The most common type is the checking account. Bank demand deposit drafts or checks are considered negotiable instruments as defined by the Uniform Commercial Code.

Best CD Rates in Indiana

For the best short term CD rates in Indiana, Mutual Bank is on top. Mutual Bank was founded in 1889 and is based in Muncie, Indiana. The bank has 33 bank branch locations from Muncie to South Bend. Recently, the bank has run a promotion on two short term certificates of deposit. The bank has

Banks and FDIC Insurance

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the federal government created by the Banking Act of 1933. The FDIC’s primary job is to provide deposit insurance, which guarantees the safety of checking and savings deposits in member banks. The FDIC makes sure that, if a bank is closed, all of the bank’s

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

Can I open a second money market deposit account at my bank or do I have to go to a different bank?

You can open as many accounts as you like with your bank. There is no legal limit to the number of checking accounts, money market accounts or CDs you can hold at any one institution.

I have a cashiers check from a bank after an insurance settlement, the check is written as payable to just myself. Can I deposit this into my joint account or do I need to open a single account?

You should have no problem depositing the check to your joint account just as you would any other check that is written to either yourself or the other party on your joint account.

What is the money market?

The term money market refers to the market for short-term debt instruments with maturities typically of one year or less.

Why are there penalties for withdrawing funds from your certificate of deposit before the maturity date?

Certificates of deposit generally pay a higher rate of interest than similar type bank accounts. They pay a higher rate because they have a fixed maturity date that for the most part guarantees the bank has the ability to use these funds for investment and lending activities. One way the bank can make

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

X-mark Signature

No user commented in " X-mark Signature "

Leave A Reply

CD Rate Updates

Banking & CD FAQs

Bank & CD Tips