Sentences with phrase «out of bank deposits»

They can also reduce their exposure to bank failure by diversifying out of bank deposits into stocks and investment grade corporate bonds or a broad bond index through use of low fee exchange traded funds.

Not exact matches

And even the Federal Reserve's modest rate hikes have had an outsized impact on the bottom line of Bank of America, which pockets the extra interest it collects on loans while paying out much less on consumers» deposits (making money on the so - called spread).

Most of the money the banking sector lends out is provided by retail deposits, supplemented by borrowing on the «wholesale» market.

The requirement that the ratio not exceed 75 percent — meaning banks can not lend more than 75 percent of their deposits out — would remain the same, but the way ratio is calculated would be adjusted, Wang Zhaoxing, deputy chairman of the CBRC, said June 6.

If an individual or company deposits money in a bank or savings and loan association, a large portion of the deposit will be lent out as mortgage credit.

(As an aside, equilibrium means «no tendency to change,» fiat means deriving its value from law rather than some underlying commodity backing, and fractional reserve means that banks hold only a fraction of deposits on reserve, loaning the rest out.).

He says the New Jersey bank would «take money out of Wall Street and put it to work for New Jersey — creating jobs and growing the economy [by] using state deposits to finance local investments... and... support billions of dollars of critical investments in infrastructure, small businesses, and student loans — saving our residents money and returning all profits to the taxpayers.»

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.

The weekend decision to strip $ 5.8 bn from the savings accounts of Cypriot banking customers has blown a hole in the EU's ambitious reforms billed as the route out of the eurozone crisis, while potentially undermining a growing reliance at banks around the world on funding their operations with customer deposits.

Regardless of whether it is implemented via an emperor surreptitiously reducing the precious - metal content of the coinage or by the banking system (the central bank and the commercial banks) creating new currency deposits out of nothing, monetary inflation is a method of forcibly transferring wealth from the rest of the economy to the first users of the new or debased money.

After the unseemly bankruptcy of the Espirito Santo Group and the associated bank, then Portugal's second biggest (likely a result of not praying enough, see: «Big Portuguese Bank Gets Into Trouble» and «Fears Over Banco Espirito Santo Escalate» for the gory details), Portugal's state - run deposit insurance fund basically ran out of mobank, then Portugal's second biggest (likely a result of not praying enough, see: «Big Portuguese Bank Gets Into Trouble» and «Fears Over Banco Espirito Santo Escalate» for the gory details), Portugal's state - run deposit insurance fund basically ran out of moBank Gets Into Trouble» and «Fears Over Banco Espirito Santo Escalate» for the gory details), Portugal's state - run deposit insurance fund basically ran out of money.

Mesopotamia did not have banking in the modern sense of taking in deposits and lending them out at a profit.

Non-asset holders were punished — their bank deposits now generate little or no income, and they were forced to move into riskier assets, such as stocks, bonds, real estate, or «anything that offers some yield and is not bolted down to the floor» (please see my answer to What kind of market distortions does the Fed loaning out money at 0 % cause?).

Well that makes it difficult to sit on cash, so you banned cash so that people can get their money out of the banking system and in faith because of banks trying to charge you 3 percent on your deposit.

Banks had plenty of deposits (often more than they could loan out), healthier spreads, strong capital ratios, and returns on equity at the best banks were in the mid to high tBanks had plenty of deposits (often more than they could loan out), healthier spreads, strong capital ratios, and returns on equity at the best banks were in the mid to high tbanks were in the mid to high teens.

Consider here what motivated the banks in the first place: a great amount of their assets turned out to be worthless (the famous «toxic» assets) when the bust hit in 2008, and they found it difficult to maintain minimum capital ratios; their deposit liabilities of course remained the same, and initially the level of non-borrowed bank reserves went deeply into negative territory (this is to say, they were forced to borrow directly from the Fed's discount window during this time).

The Greek banks are facing bad loans, deposit outflows and are running out of the collateral they need to survive.

With fewer claims being made on their reserves, some of their reserves that were previously «desired reserves» are now seen as «excess reserves,» and Banking Rule # 1 is in play: these now excess reserves can be lent out in the form of a larger supply of bank liabilities (most likely in the form of new deposits granted to borrowers).

The average person is surprised to learn that banks lend the same money out multiple times, which is why a run on a bank is inevitably a disaster, as no bank has on hand anything like the sum of what all its depositors have deposited.

I notice a commercial on the TV in the Bank of America lobby while I am filling out my deposit slip.

Sunday Vanguard investigations last weekend, however, showed that only low - end domiciliary account holders responded to the policy with a few dollar deposits, a situation which prompted some of the banks to send out marketing sensitization to their customers to come forward and deposit their dollar with them.

The premise of the idea is this: Although the Treasury can't just create money out of thin air to pay its bills, there is a technicality in the law that says the Treasury has special discretion to create platinum coins of any denomination, and the thinking is that Tim Geithner could make the coin and walk it over to the Federal Reserve and deposit it in the Treasury's bank account.

But speaking to journalists on the issue on Monday, Dr. Issahaku maintained that the Finance Ministry did not flout the rules, «I think from our stand point here, all government foreign exchange has to be in the custody of the Central Bank and when government need their money, they take the equivalent in cedis,» «The 250 million dollars that was taken out of here, they did not take foreign exchange dollars, the dollars was surrendered to the Central Bank, it was sold to the Central Bank and the government took the equivalent of that in cedis to deposit it elsewhere.

While some may have pondered how substantial county sums were being deposited in an out - of - county bank, Hein explained that state law did not allow the county to invest in savings banks.

In addition, the bank «will actively recruit» the holders of existing hES cell lines around the world to deposit their cells, Radda says, and will work out intellectual property agreements with cell donors on a case - by - case basis.

When we eat things that contain white flours, we are taking more «health dollars» out of the «health bank» than we are depositing.

PS I wanted to include some «free» things I've used that made me think how I lived without it before: OneNote (download it, trust me), the Bank of America app (mobile check deposits are incredible), switching afternoon coffee for an afternoon tea (not technically free, but it kind of cancels out?)

A little over 20 years ago, David made frequent deposits to the sperm bank under the name «Starbuck» (The movie gets its most obvious masturbation joke out of the way in the opening scene), and due to a clerical error, only his samples were used at the fertility clinic.

Our house was in a rural part of Pennsylvania and was not really a house at all but a wild castle built into the burnt - out ruins of a nineteenth - century silk mill, and our backyard was not a regular yard but a meandering meadow, with a creek running through it and wild geese living in it and a Death Slide cable that ran from high on an oak to the bank of the stream and deposited you, shrieking, into the shallow water.

A bank that keeps its costs down pockets more cents out of every dollar that it earns, meaning that it can achieve average or above - average profitability even while offering more attractive loan and deposit rates than its competitors.

You don't even have to leave your living room — within a few minutes of filling out your application for our payday loan, a lender will get in touch with you and be ready to deposit money directly into your bank account.

We all know that if we leave our small sensible trade over a period of time, the TP will be triggered and we make profits which will better most (if not all) interest given out by fixed bank deposit.

The initial deposit must be paid with a bank account, so if you don't have access to traditional financial services, you may be out of luck.

If you don't talk to your bank or card company about your desire to close the account — and presume they'll just take the final balance out of your deposit — you may end up paying several penalties and have negative activity reported to the credit bureaus.

If I deposited 100 newly minted coins into a bank and that bank proceeded to loan out 80 of my coins where 80 are deposited into another bank who then proceeds to loan out 60 of the coins, and so on... the production of coins only changed by the initial 100 that I minted - not by the fractional reserve multiple.

Payouts: Depending on the card, cash back is paid out monthly, quarterly, or annually and refunded in the form of a statement credit, direct deposit to your bank account, or a cheque in the mail.

Can I pay for those out of my personal bank account or do I need to setup a bank account for the company, deposit personal funds into it, and then pay from the company bank account?

What makes Merril Edge stand out compared to its competitors on this list is its connection to Bank of America, one of the largest financial institutions based on customer deposits.

«The ad hoc adjustments used by banks, included inappropriate calculation of the cost of funds; no change in the base rate even as the cost of deposits declined significantly; sharp increase in the return on net worth out of tune with past track record or future prospects to offset the impact of reduction in the cost of deposits on the lending rate; and inclusion of new components in the base rate formula to adjust the rate to a desired level.

The fractional reserve banking system rate dictates that for every $ 1 that is deposited, you get to loan out an amount of around $ 10, and this continues in perpetuity.

For self - employed borrowers many of our investors are coming out with alternative mortgage products, like bank - statement mortgage - loan programs that allow your monthly deposits to be used as your income.

The bank can rest easier because if you don't pay your credit card bill, they'll just take it out of the deposit.

It's a humongous world of numbers out there — numbers linked to bank accounts, passwords, permanent account number, trader account number, customer identification number, and unique numbers for insurance and mutual fund investments and bank deposits, etc — that one must keep track of and put to use.

Mortgage lenders require at least two months» worth of bank statements, Kamrooz says, pointing out that large cash deposits send up major red flags in underwriting.

If you choose to go with an online guaranteed approval bad credit loan servicer, you can fill out all of the paperwork for your loan over the Internet and have your bad credit loan proceeds deposited electronically into your bank account.

Use letters or statements spelling out what you are entitled to as well as check stubs, photocopies of your most recent checks or bank statement showing the actual deposits.

I write checks out of the other account and also have it set up with my bank to automatically withdraw $ 60 from that account each week and deposit it into my savings.

If you exceed the FDIC coverage limits at a bank assigned to hold your deposits, contact us at 800-931-9987 to discuss opting out of a bank or updating the program bank list assigned to your account.

We opened these accounts because: — Takes 5 days to withdraw (lots of re-consider time against pulling my savings)-- Can open as many as I want without Normal Bank Bitching & Flak (minimum monthly deposits of $ 25 or minimum balance of $ 300, lol I hate chase bank as much as you hate Capital one)-- Can Name them anything (goal setting)-- Love the feeling of Auto - piloting my Savings out of my primary checking bBank Bitching & Flak (minimum monthly deposits of $ 25 or minimum balance of $ 300, lol I hate chase bank as much as you hate Capital one)-- Can Name them anything (goal setting)-- Love the feeling of Auto - piloting my Savings out of my primary checking bbank as much as you hate Capital one)-- Can Name them anything (goal setting)-- Love the feeling of Auto - piloting my Savings out of my primary checking bankbank.

Features: Features: Free Online Banking & Bill Pay, including 10 free mobile deposits per statement cycle2 Round Up Savings Available3 Overdraft Protection Available4 Combined Statements Available5 ATM / VISA Debit Cards available upon request No fee charged by AFB for ATM withdrawals Rebates of fees charge by out - of - network ATM owners, up to $ 10 per statement cycle (U.S.ATMs only) 7 First Initial box of club checks at no charge8 50 % percent discount on safe deposit boxes (subject to availability) 9 Free access to AFB's 24/7 Toll Free Phone Bank