Sentences with phrase «by federal deposit»

(2) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the federal deposit insurance corporation or the federal savings and loan insurance corporation or a subsidiary of such a bank or savings and loan association;
A bank or savings and loan association whose deposits or accounts are eligible for insurance by the federal deposit insurance corporation or the federal savings and loan insurance corporation, or successor deposit insurance entities, or a subsidiary of a bank or savings and loan association.
A downside of money market funds is they are not covered by federal deposit insurance.

Not exact matches

Crowdfunding platforms do not raise deposits and thus, they are not regulated by the FDIC or the Federal Reserve.
Deposits will be held by a federal financial institution, meaning that Koho isn't a bank but a new service layer atop existing infrastructure.
The 1,603 - page bill, negotiated by Republican and Democratic appropriators and leaders, drew Democrats» ire when they discovered it would roll back the Dodd - Frank law due to go into effect next year by killing planned restrictions on derivatives trading by large banks, allowing them to continue trading swaps and futures in units that benefit from federal deposit insurance and Federal Reservefederal deposit insurance and Federal ReserveFederal Reserve loans.
For the first time in 23 years, JPMorgan leads US banks in total deposits, according to data released this week by the Federal Deposit Insurance Corp..
Your individual deposits, up to $ 250,000 per institution, are insured by the federal government, through the Federal Deposit Insurance Corp., at virtually all banks — no matter the asset size or number of brfederal government, through the Federal Deposit Insurance Corp., at virtually all banks — no matter the asset size or number of brFederal Deposit Insurance Corp., at virtually all banks — no matter the asset size or number of branches.
an independent agency of the federal government, created in 1933, charged with preserving and promoting public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions up to applicable limits; by identifying, monitoring, and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails; further information on the FDIC and FDIC coverage may be found at fdic.gov
These features include the availability of physical cash and a behavioral aversion by some money market investors to investing at negative rates, and also encompass certain unique features of money markets in the United States, such as legal and regulatory incentives applicable to money market mutual funds and the ability of the government - sponsored enterprises to leave unremunerated deposits at the Federal Reserve.23
Only deposit accounts are covered by federal insurance.
Why should banks ever be permitted to use peoples» bank deposits — insured by the federal government — to place risky bets on the banks» own behalf?
An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other Government agency.
While the Federal Reserve decided in December to increase short - term interest rates, that hasn't yet translated into significant increases in deposit rates paid out by banks on safe, federally insured deposits — the kind of accounts consumers might want to use for an emergency fund or for parking cash they expect to use in the next month or two.
Private placement investments are NOT bank deposits (and thus NOT insured by the FDIC or by any other federal governmental agency), are NOT guaranteed by RealtyShares or North Capital Private Securities Corporation, and MAY lose value.
The last time you visited your bank or used an ATM, you might have seen a sign that says your deposits are insured by the Federal Deposit Insurance...
You see, back in those (relatively) halcyon days, the Fed got by with what now seems like a modest - sized balance sheet, the liabilities of which consisted mainly of circulating Federal Reserve notes, supplemented by Treasury and GSE deposit balances and by bank reserve balances only slightly greater than the small amounts needed to meet banks» legal reserve requirements.
With banks holding fractional reserves of Federal Reserve dollars (notes and deposit claims on the books of the Fed, whose sum is called «the monetary base»), when the Fed increases the quantity of Federal Reserve dollars by $ 1 billion, the banking system ordinarily creates a multiple amount of deposit dollars.
Feb 12, 2018 The last time you visited your bank or used an ATM, you might have seen a sign that says your deposits are insured by the Federal Deposit Insurance Corporation.
Securities products are NOT deposits, are NOT FDIC insured, are NOT bank guaranteed, may LOSE value and are NOT insured by any federal government agency.
Federal law limits transfers to another deposit account with BBVA Compass or to a third party by means of a preauthorized agreement, telephonic request, check, debit card, draft or similar order (including Online Banking transfers and sweep transfers from a savings or money market account) to a total of six (6) per month.
This means talking about the Fed's «instruments of monetary control,» which include devices for regulating the total quantity of bank reserves and circulating Federal Reserve notes, and also for regulating the quantity of bank deposits and other forms of privately - created money that will be supported by any given quantity of bank reserves.
The last time you visited your bank or used an ATM, you might have seen a sign that says your deposits are insured by the Federal Deposit Insurance Corporation.
Deposits with PNC Bank Canada Branch are held in Canada and are therefore not insured by the United States Federal Deposit Insurance Corporation (FDIC), nor are they guaranteed by the United States Government or any agency thereof.
Deposits with PNC Bank Canada Branch are not insured by the Federal Deposit Insurance Corporation, nor are they guaranteed by the United States Government or any agency thereof.
• Not FDIC / NCUA insured • Not bank / CU guaranteed • May lose value • Not a deposit • Not insured by any federal agency
By 1908 railway, municipal, county and state bonds supplemented U.S. bonds as legal reserve backing for U.S. Government deposits in the national banks, much as the Federal Reserve would accept real estate mortgages as bank reserves after 2008.
A report by the Federal Reserve found that deposit rates (for example, on savings, checking and money market accounts) adjust about twice as frequently when federal funds rates are falling than they do when rates are Federal Reserve found that deposit rates (for example, on savings, checking and money market accounts) adjust about twice as frequently when federal funds rates are falling than they do when rates are federal funds rates are falling than they do when rates are rising.
Ever since it became a bank holding company in 2008 to stay afloat in the financial crisis, the bank was urged by US Federal Reserve to rely more on «sticky» consumer deposits to lower its risk profile.
The Trust is not a banking institution or otherwise a member of the Federal Deposit Insurance Corporation («FDIC») or Securities Investor Protection Corporation («SIPC») and, therefore, deposits held with or assets held by the Trust are not subject to the protections enjoyed by depositors with FDIC or SIPC member institutions.
Money deposited into this account is for general use by the federal government and can be available for budget needs.
Tax deposits are collected by the Internal Revenue Service (IRS) and are formally entrusted to the Federal Old - Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, the two Social Security Trust Funds.
By making the coin, and depositing in the Federal Reserve, it means that the amount of money in existence has been drastically altered.
«The last bailout of N8.8 bn he collected, Fayose fixed N5.3 bn of this money in Skye Bank so that he can benefit from the interest that will accrue on the deposit while the remaining N3.2 bn is in the JAC Account, even as he has refused to pay the beneficiaries of the bailout as approved by the Federal Government.»
Shell V - Power NiTRO + Premium Gasoline, with seven times the cleaning agents required to meet federal standards, removes an average of 60 % of harmful intake valve deposits left behind by lower quality premium gasoline, starting with the very first tank *.
The Federal Deposit Insurance Corporation was formed to protect the money deposited into accounts at banks covered by FDIC insurance.
Federal credit unions, including Signal, are backed by the U.S. government, which insures deposits up to $ 250,000
NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST - BEARING TRANSACTION ACCOUNTS By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest - bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDICBy operation of federal law, beginning January 1, 2013, funds deposited in a noninterest - bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation federal law, beginning January 1, 2013, funds deposited in a noninterest - bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDICby the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC).
Bank deposits are also insured by the Federal Deposit Insurance Corporation (FDIC), an agency created to maintain consumer confidence in the U.S. banking system.
Investments are not FDIC Insured, not financial institution guaranteed, not a deposit, and not insured by any federal government agency.
Another difference is that bonds and T - bills aren't technically deposit accounts so they aren't covered by the Federal Deposit Insurance Corporation (FDIC).
Federal Bank, a mid-sized private sector lender, is targeting a net interest margin of 3.25 percent in the fiscal year that began in April by focusing on growing its books, improving loan recovery and deposit portfolio, its chief executive...
As the Federal Deposit Insurence Corporation states, «The FDIC preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $ 250,000.»
(B) «Credit repair services organization» does not include: (i) Any person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States; (ii) Any bank or savings and loan institution whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Savings Association Insurance Fund of the Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting Act (15 U.S.C. 1681 - Federal Deposit Insurance Corporation or the Savings Association Insurance Fund of the Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting Act (15 U.S.C. 1681 - Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting Act (15 U.S.C. 1681 - federal Fair Credit Reporting Act (15 U.S.C. 1681 - 1681t).
Insurance products are not insured by the FDIC or any federal government agency and are not a deposit or other obligation of, or guaranteed by, any bank or bank affiliate.
They are not insured by the Federal Deposit Insurance Corporation nor are they deposits to, obligations of, or guaranteed by any bank.
And now when I check my status of my federal on the IRS website it says it will be deposited in my account by the 8th and the State website now says accepted etc... I would use CK if you have a basic return.
Companies with business accounts established at ETFCU that are enrolled in the Electronic Federal Tax Payment System (EFTPS) can make monthly or quarterly payroll tax deposits by phone, computer, or by having Evansville Teachers Federal Credit Union initiate the payments from the company's account.
Investments in money market funds are not bank deposits and not insured nor guaranteed by the Federal Deposit Insurance Corporation, any bank or government agency.
Ferguson FCU is designated by the NCUA as a federal credit union and as such the National Credit Union Share Insurance Fund (NCUSIF) will insure its deposits for amounts up to $ 250 thousand dollars.
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