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Bank CD rates were moderately lower for the week for the week ending October 29, 2009. The short term CD interest rates had the largest rate movement, unfortunately to the downside. Mid term CD rates were modestly higher and the long term, five year CD rates were down just slightly.
Six month CD rates that are
A little late with the post, this is the same ad that is running in several newspapers nationwide by Sovereign Bank. Here we find it in the November 20, 2008 issue of the Boston Globe. Sovereign Bank runs this advertisement promoting two different CD terms and a money market account. The first CD is for
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
National Penn bank is running a first-rate special on their certificates of deposit. The bank currently has two short term CDs it has promotional offers on. The first CD is a 13 month CD with an interest rate of 4.02%. This CD requires the accountholder to open a National Penn checking account as well. The
New regulations by the U.S Treasury are providing a temporary guarantee of money market fund asset values. Do to the instability in 2008 of short term money market instruments and the concern for significant and swift redemptions of money market mutual fund shares, the U.S. Treasury announced a temporary program to guarantee certain assets in
A sworn statement in writing before a proper official, such as a notary public.
Peoples United Bank is now marketing a 10 month CD with an interest rate of 3.50%. $500.00 is the minimum balance to open the CD and receive the advertised annual percentage yield. Conditions on the CD offer include the requirement of a Peoples’ United Plus checking account with the bank. This short term CD rate
Under the discount method of interest calculations, the interest that will be due on an investment is calculated and withheld from the borrower when the loan or investment is made. For example, someone who borrows $1,000 for a year at a 10% interest rate would actually receive just $900 ($1,000 minus 10% of $1,000,
Computer controlled terminals through which customers may make deposits, withdrawals, or other transactions as they would through a bank teller. Groups of banks sometimes share ATM networks located throughout a region of the country that may include portions of several states.
NexBank based in Dallas Texas is offering a new CD rate promotion open to consumers nationwide. The CD rate promotion from NexBank covers three maturities with interest rates that are head and shoulders above the national average rates for similar term CDs. Terms on the certificates are in the mid-range, between 12 and months and
The Mojave Desert is approximately 20,000 square miles of arid land in Southern California. It is surrounded by mountain ranges to the north and west and the Sonoran Desert near the southeast. The desert was formed by volcanic eruptions and deposits from the Colorado River. When searching for the beauty of the Mojave Desert, two
This is the third article in a sequence of reviews on banks and bank CDs offered in the Aloha state. This review takes a look at “Bankoh”. “Bankoh” is the nickname for the Bank of Hawaii. Bank of Hawaii is a regional commercial bank headquartered in Honolulu, Hawaii. Bank of Hawaii, a subsidiary of Bank
Great American Bank is now offering the best midterm and long term CD rate in Illinois. Illinois residents can open a bank CD at Great American Bank for a two year term and receive a 3.00 percent annual yield. The only catch to the account is that the deposit amount to earn this
All depository institutions, commercial banks, savings institutions, credit unions, and foreign banking entities, are required to hold reserves against certain types of deposits that they report as liabilities on their balance sheets.
Northampton Cooperative Bank has a current checking account promotion that rewards new account holders and helps local businesses at the same time. Northampton Bank is a western Massachusetts based bank that is offering a $100.00 bonus for opening a new checking account with direct deposit. The $100.00 checking account is bonus is distributed to the
Berkshire Hills Bancorp is a regional financial services company with assets of approximately $2.5 billion. Berkshire Hills Bancorp, Inc. is the holding company for Berkshire Bank. Established in 1846, Berkshire Bank is one of Massachusetts’ oldest and largest independent banks and the largest banking institution based in Western Massachusetts. The Bank is headquartered in Pittsfield,
The November 23, 2008 edition of the Orange County Register holds an advertisement placed by MetroPacific Bank for a 7-month term CD with an interest rate of 4.08%. A clear top ten CD rate in California. In order to keep the lists of CD rates current on selectcdrates.com, our staff confirms the bank rates being
Bank of American Fork is a locally owned and operated financial institution based in American Fork, Utah. The bank has 12 bank branches in the region including Highland, Orem, Lehi, Pleasant Grove and Spanish Fork, Salt Lake Valley, Draper, Sandy, Murray, and Riverton Utah. Bank of American Fork opened in 1913 in Utah and has
A bank with a primary market in a regional or metropolitan area but takes deposits from throughout the state in which it is located. It is typically more expansive than a community bank, but more restrictive than a national financial institution or money center bank.
A law implemented by banking Regulation B. Prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, or because an applicant receives income from a public assistance program.
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