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By Michelle A. Samaad |
August 25, 2011
Consumer uncertainty may have helped bank deposits grow to nearly $10 trillion.
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By David Morrison |
August 19, 2011
Dan Geller at Market Rates Insight predicts retail banks will start charging interest on deposits.
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By Michelle Samaad |
May 12, 2011
While some credit unions and banks in more than a dozen states are experiencing an increase in their average deposit rates, they may need to make some adjustments.
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By Michelle A. Samaad |
April 13, 2011
For credit unions and banks, having $6 trillion parked in some of their accounts should be a good thing, right? Not necessarily.
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By Michelle A. Samaad |
March 22, 2011
Credit unions may have noticed that the yield differentiation between short- and mid-term certificates of deposit at banks shrank over the past year.
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By Michelle A. Samaad |
January 20, 2011
The 60-month CD held its interest rate better than any other deposit product at banks, according to research firm Market Rates Insight.
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By Michelle A. Samaad |
January 13, 2011
Credit unions and banks located in cities such as New York, Philadelphia, Chicago, Los Angeles and San Francisco may have an advantage when it comes to deposit balances.
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By Michelle A. Samaad |
January 5, 2011
With deposit rates for products such as money market accounts expected to remain low this year, consumers may continue to react based on the economy's uncertainty.
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December 8, 2010
Consumers reportedly have added $1 trillion to their savings at banks and credit unions since the start of the last recession in October 2007.
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By Michelle A. Samaad |
December 7, 2010
At the end of the 1990-1991 recessions, the national average deposit rate bounced back by 54%, which was higher than the 33% rate after the country's most recent recession.
