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The best certificate of deposit rates had mixed results for the week ending October 16, 2009.? Shorter term CD rates rose along with long term CD rates while the midterm rates pushed lower. The best six month CD rates gained ground with the average yield moving higher by the close of the week.? The average of

Summaries that a mutual fund sends to its shareholders that discuss the fund?s performance over a certain period and identify the securities in the fund?s portfolio on a specific date.

Corus Bank, N.A operates as a wholly owned banking subsidiary of Corus Bankshares, Inc.? Corus Bank offers a variety of banking products and services including checking, savings, money market, certificates of deposit and loan originations.? Corus Bank has eleven banking branches in the Chicago area, offering deposit products to customers.? The bank?s loan origination activities

Bank rates appear to be set in just one direction, downward. On the savings and investment side, bank CD interest rates headed lower last week as did bank money market account rates and bank savings account rates. On the lending side, mortgage rates dropped a notch by the close of the week while

The practice of investing broadly across a number of securities to reduce risk.

When the economy shows signs of growth bond yields generally rise resulting in higher bank rates and mortgage rates. This past week, there was little evidence that the U.S has slowed down yet bond rates dropped, mortgage rates fell and CD interest rates moved marginally lower. Bank rates were mostly affected by uncertainty in the

Greenville National Bank is a locally owned Greenville, Ohio bank which was organized in 1934.? The bank has eight bank branch locations all located in Darke County, Ohio.? Greenville National Bank offers several savings options to meet savers specific needs including statement savings accounts, money market accounts and certificates of deposits. The term of maturity on

The rate at which money balances turn over in a period for expenditures on goods and services. Moat often measured as the ratio of GNP, gross national product, to the money supply. A larger velocity means that a given quantity of money is associated with a greater dollar volume of transactions.

South Adams Savings is a mutual savings bank headquartered in Adams, Massachusetts.? The bank was founded in 1869 and has four bank locations in the region of Berkshire County including bank offices in Adams, Cheshire, Williamstown and Lee.? South Adams Savings Bank is a mutual savings bank and is a member of the FDIC insurance

The simplest and most narrowly defined money market fund is the Treasury only money market funds.? The safest money market funds are in this category since they invest in only Treasury bills and U.S. government agency obligations that are backed by the full faith and credit of the U.S. government.? Since the credit quality of

Balancing your checkbook is the most important financial choir you should perform each month.? It helps correct errors, helps to budget expenses and maximizes financial resources.? The starting point of a good savings program and budget is the checking account.? Don?t neglect the value of the information contained in this bank account.

Online banking or internet banking can save time and possibly reduce late fees.? Setting up automatic bill paying for large, recurring monthly bills will eliminate the cost of the mail, any late fees caused by oversight or late fees that may occur do to delayed mail delivery. With online bill paying you can manually request

There is a new market leader for the best six month CD rate available nationally.? The highest six month CD rate is now at 2.25% which is a startling 49 basis points or 49/100 of a percent higher than the next best CD rate with a six month term. The highest six month bank CD rate

A pre-approved loan authorization with a specific borrowing limit based on creditworthiness. A line of credit allows borrowers to obtain a number of loans without re-applying each time as long as the total of borrowed funds does not exceed the credit limit.

The credit union is owned by the members.

Community banks are seen as an integral part of the economic of small towns and large cities in every U.S. state.? Very often, the best terms for loans and bank savings rates can be found at community banks.? A community bank that has been providing a wide selection of financial services as well as high

Virginia Commonwealth Bank is a local community bank that is state chartered.? The bank was established in 1936 and has been FDIC insured since 1936.? The bank is chartered as a Federal Reserve Member and the primary regulator is the Federal Reserve Board (FRB).? Virginia Commonwealth Bank has assets of approximately $310,352,000 and net income

Bank rates fell??.through the floor this week.? Fortunately, the full impact was not absorbed in CD interest rates although, in the coming days bank CD rates are sure to drop further.? The European debt crisis not only refused to go away but appears to be bigger than ever.? The combination of more problems with European

Having an emergency fund of savings and investment in CDs should certainly alleviate any problems with short term unexpected cash needs. With an emergency fund in an account that does not penalize early withdrawal would certainly make it highly unlikely you would need to cash out a long term CD for unexpected short-term money

Federal legislation that established the Federal Reserve System.

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