Sentences with phrase «if financial institutions»

If financial institutions wrote down principal amounts and reduced interest rates to market value, this could stimulate the economy by reducing mortgage payments for financially shaky households, putting billions into consumers» pockets.

So, if financial institutions were able to say okay, fine you're a mother of three children, you're a single mother of three children, I understand that you want to put away for RESPs and these different things, have you considered about retirement?

This is an important step to take if the financial institutions in your area charge significantly higher rates, as those rates are expected to rise even more throughout the year.

If financial institutions refuse to assist you financially, you have to turn to other sources of funds.

If your financial institution imposes any fees in connection with EFT payments, you will be responsible for paying such fees.

The FDIC guarantees that even if a financial institution becomes insolvent, the funds in each individual checking and saving account up to a certain dollar amount are guaranteed by the federal government.

And this is not including your annual fees if your financial institution asks for them.

If your financial institution doesn't offer index funds, check out TD's E-series index funds.

If you haven't already, you might need to choose the checking account type if the financial institution has several options.

Webster will not charge any fees for checking withdrawals at non-Webster ATMs and will rebate you if another financial institution charges you a fee for using its ATM.

If a financial institution does not follow the provisions of the EFT Act, you may sue for actual damages (or in certain cases when the institution fails to correct an error or recredit an account, for three times actual damages) plus punitive damages of not less than $ 100 nor more than $ 1,000.

Providing insurance on bank loans also supports borrowers because consumers are guaranteed loan funds even if the financial institution from which they borrowed folds before the end of an agreement.

If your financial institution doesn't have a branch on or near campus, you may be responsible for extra fees for using the ATM.

However, this is only if the financial institution or bank agrees to this - they are not obliged to by law, or is necessary to do so as part of their own policy owner.

No doubt, DIY investors who use other bank's online brokerages are now wondering if their financial institution will follow RBC and TD's move.

With GICs and deposits you also have the additional protection of deposit insurance on amounts up to $ 100,000 if your financial institution goes bankrupt.

Since foreign currency GICs are not covered by CDIC insurance, you also run the risk of losing your money if the financial institution fails.

Ultimately, if a financial institution is not capable of surviving without large and constant infusions of public capital, the stockholders and bondholders of that company - not the public - should be responsible for the losses incurred.

The fees your financial institution charges to maintain your IRA account, but only if you pay them from funds outside of your IRA account (if your financial institution just deducts the maintenance fees directly from your IRA, you can't deduct them)

If no financial institution is advertising lines of credit which is supposed to be a good source of finance to individuals and businesses alike, then something must be hidden.

See if your financial institution offers you the ability to perform most day - to - day banking transactions online or by phone.

Always look to see if the financial institution has «regular» stores as well.

If your financial institution fails, your money may still be waiting for you.

Not exact matches

If you work at Bank of America, dial down your exposure to Wells Fargo, JPMorgan, and other financial institutions.

The fintech explosion could prove beneficial to traditional financial institutions, if they can just figure out how to harness it.

In an interview in March in the Charlotte Observer, Wells CEO Tim Sloan said, «I don't know if banks or credit card companies or any other financial institution should be the arbiter of what an American can buy.»

We have really, really big global investment funds making big bets on Calgary, and it would be a shame if Canadian financial institutions miss that boat because they're too nervous about the future of the community.

If you had debt forgiven by a credit card issuer, mortgage or student loan lender, or other financial institution, it may create «phantom income» that's taxable.

If you had this app and your card were lost or stolen — or you heard about a breach on the news — you could turn the card off immediately until you had time to contact your financial institution and figure things out.

If your credit is excellent, you have a strong financial statement and you have the potential to move large deposits to the institution, the bank may waive their commitment fee to get your business.

Post-financial market regulations (read: Dodd - Frank) have required banks and other «systemically important financial institutions» to hold more cash on their balance sheet, creating less bond inventory on balance sheets — fewer potential buyers, fewer potential sellers — if portfolio managers are forced to meet client redemptions quickly and en masse.

In response, Oliver's office said the Superintendent of Financial Institutions has requested more information from banks and other lenders, adding the minister «closely monitor (s) Canada's housing markets, and stands ready to implement further measures if necessary.»

It's just that many banks are not able to properly scale their resources to include all deserving borrowers, even if small - business owners do meet the stringent standards set by lenders,» says James Walter, founder and CEO of BBC Easy, a provider of automated loan management software for financial institutions.

According to the calculator on Fundbox's website, clearing a $ 1,500 invoice would cost between $ 71 and $ 96 in fees (plus $ 5 to $ 10 in bank charges, if applicable, from your financial institution).

And if that city is capable, they're going to make rational decisions because they are financial institutions,» Orr said on the Fox program.

(The study was sponsored by financial institutions that benefit if immigrants choose to borrow the up - front investment.)

That said, nonprofit bonds tend to be riskier than munis because if, say, a museum or other cultural institution enters financial hardship, it's more difficult for it to bounce back than for a municipality to do so.

To be sure, there would have been more drilling companies going belly up if it had not been for the generous credit offered by bond and equity markets, and large financial institutions.

«Requiring the banks to pay treble damages to every plaintiff who ended up on the wrong side of an independent Libor ‐ denominated derivative swap would, if appellants» allegations were proved at trial, not only bankrupt 16 of the world's most important financial institutions, but also vastly extend the potential scope of antitrust liability in myriad markets where derivative instruments have proliferated,» the U.S. Court of Appeals in New York said in the ruling.A U.S. appeals court on Monday revived private antitrust litigation accusing major banks of conspiring to manipulate the Libor benchmark interest rate, in a big setback for their defense against investors» claims of market - rigging.

«In a cash economy, or in an environment where you have opaque financial institutions, you can only look at records if you subpoena those institutions.

Bank accounts and investment accounts are not as vulnerable to this attack, the Times reports, because traditional financial institutions are able to reverse malicious transactions if caught in time.

If I was a financial institution, there are many merchants I would refuse to provide service until they better secured their payment system and used chip - enabled terminals.

Many financial institutions will hit you with fees if you don't maintain minimum required balances on your accounts.

If you are inactive on your credit account, your financial institution can potentially close that account, which as we explained above, can then damage your credit score.

If you are late on payments, or miss them completely, your financial institution will report this behavior to the credit bureaus, which may then add derogatory marks on your credit.

«If the government creates digital currency, we will find a way to be in the game,» said Banga, signaling that traditional financial institutions will adapt to government cryptocurrency implementations.

One of the biggest names in the advisory business, Michael Kitces, weighed in last January on the potentially devastating class action lawsuit risks faced by financial institutions if they don't fully address the Duty of Care.

At the same time, not all regulatory expansions are desirable and in some contexts tougher regulation can be counterproductive for financial stability if it reduces profitability without offsetting benefit, if interferes with bank diversification, or if it causes regulators to become overly identified within regulated institutions.

Because blockchains can allow for faster transactions through peer - to - peer solutions, automated processes, and other improved benefits, the ways that central banks and other financial institutions administer settlements will need to improve if they are to remain competitive.

For example, if you use the Services to make rent payments, Zillow Group uses Plaid Inc. («Plaid») to collect your personal and financial information about you from financial institutions.