savings deposit
111money market deposit account — ( MMDA) A bank deposit account designed to pay a higher rate of interest to depositors than might otherwise be earned in checking or savings accounts. Money market deposit accounts do not have specified maturities. Their rates are administered by …
112bank deposit — A sum of money placed by a customer with a bank. The deposit may or may not attract interest and may be instantly accessible or accessible at a time agreed by the two parties. Banks may use a percentage of their customers deposits to lend on to… …
113bank deposit — A sum of money placed by a customer with a bank. The deposit may or may not attract interest and may be instantly accessible or accessible at a time agreed by the two parties. Banks may use a percentage of their customers deposits to lend on to… …
114bank deposit — A contractual relationship ensuing from the delivery, by one known as the depositor, of money, funds, or even things into the possession of the bank, which receives the same upon the agreement to pay, repay, or return, upon the order or demand of …
115Federal Savings Bank — Federal Savings Banks are chartered and regulated by the Office of Thrift Supervision (OTS).Federal Savings Banks are insured by the Federal Deposit Insurance Corporation (FDIC). The Corporation insures individual accounts up to $100,000, joint… …
116Cost Of Savings Index - COSI Index — A popular index used for certain adjustable rate mortgages (ARMs). The index is a weighted average of the rates of interest on the deposit accounts (sometimes called cost of savings) of the federally insured depository institution subsidiaries of …
117Tax Exempt Special Savings Account — Tessa A UK savings account with a bank or building society, introduced in January 1991, in which savers were allowed to invest up to £9000 over a five year period with no tax to pay on their interest, provided that special conditions were met.… …
118Tax Exempt Special Savings Account — Tessa A UK savings account with a bank or building society, introduced in January 1991, in which savers were allowed to invest up to £9000 over a five year period with no tax to pay on their interest, provided that special conditions were met.… …
119Federal Savings And Loan Insurance Corporation — Established under the provisions of the National Housing Act of 1934, the Federal Savings and Loan Insurance Corporation provided insurance for loans and the equivalent security as that offered to banks through the Federal Deposit Insurance… …
120Federal Deposit Insurance Corporation Improvement Act of 1991 — The Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA), passed during the Savings and loan crisis, strengthened the power of the Federal Deposit Insurance Corporation.It allowed the FDIC to borrow directly from the Treasury… …
