Sentences with phrase «running bank deposits»

Responsible for opening and closing the store, running bank deposits, making deliveries, training, meeting monthly sales goals.

Not exact matches

While deposits in checking and savings accounts can be volatile, as people might draw their money out all at once (run on the bank), CDs provide much needed funding stability, so banks are willing to pay a little more.

«The intention of all stakeholders,» he adds, «is to offer an environment where depositors can place their money without any risk or concern,» even if events beyond the bank's control lead to a run on its deposits.

One rabble - rouser, Arianna Huffington, has concocted a remarkable stunt, which she calls the Move Your Money Project, to rally consumers to transfer their deposits from big banks to small community banks across the U.S. Alas, there's no run yet on Citigroup

For example, if a customer runs into an issue while depositing a check online, he or she might pick up the phone to talk to a person at the bank.

While these companies have some liquidity risk, severe problems will not lead to bankruptcy or a «bank run» through hemorrhaging deposits; instead investors will provide less capital and fewer loans will be originated.

Former Fed Vice Chairman Donald Kohn said, «Unlike previous financial crises, the 1987 stock market decline was not associated with a deposit run or any other problem in the banking sector» (Kohn 2006).

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.

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

Harwood's article, «The Probable Consequences to Our Credit Structure of Continued Gold Export,» ran in March 1928, and noted that gold export would necessitate either a large reduction in bank reserves or — if the accepted 75 percent reserve requirement were maintained — a giant reduction in bank loans, because $ 1 billion of reserves supported «some $ 15.2 billion of deposits in member banks.»

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.

He maintained many of the deposits secured are still in the bank - despite a run by savers when news of the crisis first broke.

On the stand, Howe admitted to a long history of financial fraud: Embezzling more than a million dollars from his firm, stiffing contractors that did work on his house, running up debt on a friend's credit card, and once defrauding a bank of $ 45,000 that he said he'd deposited in what was actually an empty envelope.

OTOH, you can not either go without ensuring at least partially the deposits, because that way any rumour (with base or without it) risks causing a bank run.

Included in the PowerPoint: a) Scarcity, Choice and Opportunity Cost - The Fundamental Economic Problem - The Meaning of Scarcity and the inevitability of choices at all levels (individual, firms, govt)- The basic questions of what will be produced ow and for whom - The Meaning of the term «Ceteris Paribus» - The Margin and Decision Making at the Margin - Sort run, long run, very long run b) Positive and Normative Statements - the distinction between fact and value judgements c) Factors of Production - the rewards to the factors of production: land, labour, capital and enterprise - Specialization and division of labour d) Resource Allocation in Different Economic Systems and Issues of Transition - decision making in market, planned and mixed economies - the role of the factor enterprise in a modern economy e) Production Possibility Curves - shape and shifts of the curve - constant and increasing opportunity costs f) Money - functions and characteristics in a modern economy - barter, cash and bank deposits, cheques, near money, liquidity g) Classification of Goods and Services - free goods, private goods (economic goods) and public goods - merit goods and demerit goods as the outcome of imperfect information by consumers PowerPoint Also Includes: - Key Terms for each Chapter - Activities - Multiple Choice and Essay questions from past exam papers.

Funds for the Future: Jacob (left) adds up banking deposits while Ray enters the amounts into the computer at the student - run CP Federal Credit Union in the Jackson, Michigan, YMCA.

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.

Since the late 2000s financial crisis resulting in near bank runs causing dislocation in overnight borrowing rates (i.e., the effective achievable deposit rates for spare cash), the Futures Commission Merchants have moved away from LIBOR as their preferred reference rate.

Unless you enjoy after - hours check deposit runs, sitting in traffic, heading to the bank in the rain, missing dessert...

The state run banks like SBI have already revised their deposit rates for various tenors.

This insurance helps protect the individual making the deposit, and that protection helps protect the bank from «runs» by its depositors when questions of the institution's health arise.

Your bank accounts may have run low while job searching, and in the absence of a student loan deposit, it may be a stretch to make it to your first paycheck.

Nine) Though deposit insurance avoids runs on the bank, the repo market allowed for new sort of run on bank.

Why do some people continue to invest in money market funds, bank deposits, savings accounts, when inflation is running at 2 % + / year?

«Instead of having to run to the bank, hope I make it before they close and stand in line,» Peters says, «I used my bank's mobile app to deposit the check, saving me over an hour.»

Because they have a low cost structure (by avoiding the costs of owning and running branches), online banks have good profit margins and thus benefit from attracting as many deposits as possible.

It automatically deposits your paycheck or Social Security check into your account, so you'll avoid running to the bank or an ATM to deposit your checks and eliminate the need to worry about whether or not you have the funds to cover a check.

This helps you avoid running back and forth between homes, banks, deposit boxes, computers and other data stores to find the paperwork you need.

If you want to run a speculative investment bank, that should be done entirely separate from «boring» old - fashioned deposit - based banking.

Their capital can run at will, unlike banks that have deposit stickiness, savings accounts, CDs, ability to borrow from the FHLBs, etc..

Using expensive alternatives to banks such as local check - cashing services, leaving yourself open to fraud through careless security procedures, or failing to make sure your deposits are fully insured could run those costs from the hundreds to the thousands.

Former Fed Vice Chairman Donald Kohn said, «Unlike previous financial crises, the 1987 stock market decline was not associated with a deposit run or any other problem in the banking sector» (Kohn 2006).

I have already closed my bank account and reopened a new one to prevent the crooks that ran off with my $ 900.00 from dipping into my bank account since, of course, I had to give them my account information so they could «make their deposit.»

He finally collected what he needed to meet payroll and ran to the bank where begged them to process the deposit and payroll on the same day and luckily he was able to pay his employees.

Because there was no deposit insurance at that time, there were bank runs.

There can be no «run on the bank» against which deposit insurance is necessary.

Considering some of the bank's other stop / start initiatives, the more likely reality was that the bank was slow to get their business and personnel up and running — so funds were placed on inter-bank deposit by default.

Tired of banking the traditional way, having to run to a local branch to deposit a check, or dealing with too many fees and minimum requirements?

All of these banks offer mobile apps that let you deposit checks by taking a photo, so you don't have to worry about running out to a local branch.

Also, banks need deposits on which they have to pay interest to keep running.

If it grows fast enough and builds a solid reputation, it could pose a serious challenge to the high street banks» low - cost capital, targeting money that's currently running at extremely low interest in deposit accounts.

It is much like your mutual funds SIP s or Recurring deposits in banks will continue to run even if the parent dies and the returns will be made available at the stipulated age.

Proceeds of the sale will be deposited with state - run State Bank of India in an escrow account, RCom said.

Teller — PNC Bank, Mount Pleasant, MI — April 2010 — April 2012 • Delivered quality customer service and a timely transaction for every customer who came to the counter • Ran drive - through access as necessary to relieve rush traffic • Calculated and recorded the night deposits each morning at opening • Provided referrals to loan officers and other bank officials as necesBank, Mount Pleasant, MI — April 2010 — April 2012 • Delivered quality customer service and a timely transaction for every customer who came to the counter • Ran drive - through access as necessary to relieve rush traffic • Calculated and recorded the night deposits each morning at opening • Provided referrals to loan officers and other bank officials as necesbank officials as necessary

My two years» extensive experience as a file clerk helped me develop advanced skills in filing, photocopying, bank runs and deposits, mail handling and cash management.

Responsibilities Prepared cash flow analysis, financial reports and maintained budget files including preparing bank deposits and balance sheets Performed general office duties such as filing reports, typing and running computer programs Efficiently maintained students records and business reports with accuracy and in a timely fashion Negotiated with vendors on the cost of goods received and managed inventory levels Implemented computer system to help keep records updated faster and easier

A successful accounting assistant should be familiar with all accounting procedures and have a flair for numbers.Ultimately, a successful Accounting Clerk will ensure that the company's daily accounting functions run accurately and effectively.ResponsibilitiesProvide accounting and clerical support to the accounting departmentType accurately, prepare and maintain accounting documents and recordsPrepare bank deposits, general ledger postings and statementsReconcile accounts in a timely mannerDaily enter key data of financial transactions in databaseProvide assistance and support to company personnelResearch, track and restore accounting or documentation problems and discrepanciesInform management and compile reports / summaries on activity areasFunction in accordance with established standards, procedures and applicable lawsConstantly update job knowledgeRequirementsProven accounting experience, preferably as an Accounts receivable clerk or Accounts payable clerkFamiliarity with bookkeeping and basic accounting proceduresCompetency in MS Office, databases and accounting software including QuickbooksHands - on experience with spreadsheets and financial reportsAccuracy and attention to detailAptitude for numbersAbility to perform filing and record keeping tasksData entry and word processing skillsWell organizedHigh school degreeAssociate's degree or relevant certification is a plusBENEFITSWe offer: 401KPaid TrainingHealth Benefits (Medical, Dental, and Vision) Personalized GrowthPaid time off

SKILLS AND COMPETENCIES • Proven ability to run bank's credit approval department smoothly • Skilled in prospective loan analysis and establishing borrower's worthiness • Knowledge of credit modeling, deposits and credit products • Ability to come up with result oriented financial business solutions • Adept at constant economic and market status monitoring

Filed, opened daily mail, processed accounts payable and accounts receivable, balanced checkbooks, answered phones, updated notes for wine making, processed bank deposits, ran miscellaneous errands, filed Pesticide Use Reports electronically.

Responsibilities included running unsupervised shifts, managing cash registers and completing bank deposits.