Sentences with phrase «paying on certificates of deposit»

It is an average of what banks are paying on certificates of deposit.

Not exact matches

The 10 percent average return on the S&P 500 may not seem impressive at first, despite the fact that it's more than double what one can expect from a 30 - year Treasury bond and way more than what a certificate of deposit from a bank pays.

This is especially true since interest rates on completely safe, short - term instruments like money market funds and certificates of deposit are commonly paying less than 1 % per year.

Features: Free Online Banking & Bill Pay, including 10 free mobile deposits per statement cycle2 Round Up Savings Available3 Overdraft Protection Available4 Combined Statements Available5 Check images with statement6 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 $ 20 per statement cycle (U.S.ATMs only) 7 One box of club checks annually at no charge8 One free 3 × 5 safe deposit box or 50 % percent discount on all other size safe deposit boxes (subject to availability) 9 Unlimited free cashier's checks10 Premium Rates on Certificates of Deposits (excludes specials) 11 Free access to AFB's 24/7 Toll Free Phdeposits per statement cycle2 Round Up Savings Available3 Overdraft Protection Available4 Combined Statements Available5 Check images with statement6 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 $ 20 per statement cycle (U.S.ATMs only) 7 One box of club checks annually at no charge8 One free 3 × 5 safe deposit box or 50 % percent discount on all other size safe deposit boxes (subject to availability) 9 Unlimited free cashier's checks10 Premium Rates on Certificates of Deposits (excludes specials) 11 Free access to AFB's 24/7 Toll Free PhDeposits (excludes specials) 11 Free access to AFB's 24/7 Toll Free Phone Bank

The yield on these popular U.S. Savings Bonds will pay more than all but the best certificates of deposit over the next six months.

(2) If an institution offers a $ 1,000 two - year certificate of deposit on which it pays a 6 % interest rate, compounded daily, for the first year, and a 6.5 % interest rate, compounded daily, for the next year, the total interest for two years is $ 133.13, and, using the general formula above, the annual percentage yield is 6.45 %: APY = 100 -LSB-(1 + 133.13 / 1,000)(365/730)-- 1]

(2) If an institution pays $ 30.37 in interest on a $ 1,000 six - month certificate of deposit (where the six - month period used by the institution contains 182 days), using the general formula above, the annual percentage yield is 6.18 %: APY = 100 -LSB-(1 + 30.37 / 1,000)(365/182)-- 1]

Many today are considering mature dividend paying stocks to at least earn something on a portion of what they had in their money market, savings, and certificate of deposit accounts.

For example, a one year certificate of deposit is on the average paid at 0.7 % whereas banks only pay 0.42 %.

The issuer agrees to pay the amount deposited plus interest to the bearer of the receipt on the date specified on the certificate.

Third, using the authority Congress gave us to pay interest on banks» balances at the Fed, we can offer term deposits to banks — analogous to the certificates of deposit that banks offer their customers.