Articles by tag - ncua

Wholesale Credit Union System Revamped, Three Wholesale CUs Seized
Regulators just announced a revamping of the nation’s wholesale credit union system. Although customers won’t see an immediate change at their local credit union, some analysts speculate the change could spur higher interest rates on loans and lower interest rates on deposits in the future.
Posted on September 26, 2010 by
Nevada Federal Credit Union Paying Savers to Withdraw Money
Nevada Federal Credit Union is taking a different approach, paying its members to withdraw funds from their savings accounts. Why? The bank has too much cash sitting on its balance sheet and is losing money on it.
Posted on March 07, 2010 by
FDIC $250,000 Insurance Limit Extended to 2013
Last week, President Obama signed a law that includes provisions that extend the $250,000 FDIC & NCUA deposit insurance limit to December 31, 2013.
Posted on June 07, 2009 by
The Difference Between Banks and Credit Unions
On the surface, banks and credit unions look very similar. They both take customer deposits in the form of savings accounts, certificates of deposit, and checking accounts. They both also lend money in the form of mortgages, home equity loans, auto loans, and credit cards. They both have branches, electronic banking, and many of the services that facilitate the savings, transfer, and lending of money. But a deeper examination reveals profound differences that impact the rates that you receive as well as the customer service provided to you.
Posted by
Cypress Could Happen in the US; Actually It Happens All the Time
Today's news from the EU is that Brussels determined that the Bank of Cypress should be reorganized in a manner leaving its depositors with losses of up to 30% of their deposits over insured amounts, and that the Laiki Bank should be "resolved" in a manner leaving its depositors with losses of up to 70% of deposits over insured amounts. Cypriot law had insured depositors to a Euro 100,000 level so the burden is falling largely on those depositors more wealthy than the average Cypriot, including wealthy and near-wealthy Russians who by many accounts now provide more than half of the deposits to Cypriot banks.
Posted on March 25, 2013 by

Financial Video

Understanding the Time Value of Money
Posted on April 10,2013

CD and Online Savings Rate Trends



View more rate graphs

Financial Resources

see all articles

Financial products of all nature bear inherent risks and this website is not a financial advisory service. BestCashCow.com provides information related to rates on US-based savings accounts, CD (certificates of deposit) rates, money market accounts, money market funds, government bonds, other bonds and income producing securities, commodities, equity securities, mortgage rates, home equity rates and auto loans rates, free of charge to internet users for their independent use. The accuracy of information on the website is not guaranteed, and no financial product of any sort is endorsed. On certain web pages, BestCashCow.com may contain discussion and analysis of the risks and rewards associated with certain financial instruments, including equity instruments, or may link to other pages with such discussions. The information should not be construed to provide investment advice. In fact, users are specifically warned against following any advice related to specific instruments, including advice that may be on other web pages linked from BestCashCow.com. Please seek personalized advice on the risks and applicability to your own circumstances of any financial product from a qualified professional. © BestCashCow.com, LLC, 2013.

This page was created in 0.1622 seconds.