Certificate of deposit

BMO Named One of the Best Banks of 2024 in the U.S. by GOBankingRates

Retrieved on:

Monday, January 22, 2024

Compact disc, Savings account, ATM, Digital, Investment, BMO, TransUnion, Recognition, Certificate of deposit, Certification, Bank

Highlighted are BMO's "dependable products" in the "Best Checking Accounts" and "Best High Yield Savings Accounts" and "Best CD Accounts" categories.

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Highlighted are BMO's "dependable products" in the "Best Checking Accounts" and "Best High Yield Savings Accounts" and "Best CD Accounts" categories.
CHICAGO, Jan. 22, 2024 /PRNewswire/ - BMO today announced it has been named one of the " Best Banks of 2024 " by GOBankingRates, which analyzes the top financial institutions in the United States each year to help Americans find banks that will help them reach their financial goals.
BMO Smart Money ™: A low fee checking account with no overdraft fees that was awarded Bank On certification .
"At BMO, we meet customers where they are with leading digital experiences that drive real financial progress," said Mathew Mehrotra, Chief Digital Officer at BMO.

Hyperion Bank Launches Limited-time Certificate of Deposit Promotion

Retrieved on:

Wednesday, December 13, 2023

Online, Recurring deposit, Equal housing lender, Small Business Administration, Small business, Trust, FDIC, SBA, Certificate of deposit, Condition, APY, Bank, Music, Hyperion

PHILADELPHIA, Dec. 13, 2023 /PRNewswire/ -- Hyperion Bank – which has banking offices in Atlanta and in Philadelphia – has launched a limited-time certificate of deposit (CD) promotion, as it continues to grow deposits.

Key Points:

PHILADELPHIA, Dec. 13, 2023 /PRNewswire/ -- Hyperion Bank – which has banking offices in Atlanta and in Philadelphia – has launched a limited-time certificate of deposit (CD) promotion, as it continues to grow deposits.
These promotional Certificates of Deposit (CD) rates are available for new money only and/or funds deposited within the previous 30 days at Hyperion Bank.
Certificate of Deposit must be funded prior to promotion end date to obtain advertised promotional rate.
Hyperion is a full-service community bank, connecting with customers via technology and highly accessible, experienced, enthusiastic bankers who have local decision-making authority.

Corporate and Municipal CUSIP Volumes Rise in March

Retrieved on:

Thursday, April 13, 2023

Certificate of deposit, CGS, CUSIP, Cryptocurrency, Security (finance)

The increase in corporate CUSIP request volume was driven largely by increases in corporate equity volume, which rose 20.9% over February totals.

Key Points:

The increase in corporate CUSIP request volume was driven largely by increases in corporate equity volume, which rose 20.9% over February totals.
“We’re definitely seeing some noteworthy pre-market activity in both corporate and municipal asset classes,” said Gerard Faulkner, Director of Operations for CGS.
“Corporate CUSIP requests have logged their third straight monthly increase in volume and municipal volumes have reversed a three-month downward trend with a 32.2% monthly increase.
On an annualized basis, international equity CUSIP requests are down 12.4% and international debt CUSIP requests are down 40.5%.

ProfitScraper Introduces AI Arbitrage

Retrieved on:

Thursday, March 30, 2023

Battle Dex, Certificate of deposit, Trust, CeX (company), Investment, Cryptocurrency

The platform's efficient arbitrage tool identifies price discrepancies across multiple centralized exchanges (CEXs) and decentralized exchanges (DEXs) and instantly trades to ensure profitability for investors.

Key Points:

The platform's efficient arbitrage tool identifies price discrepancies across multiple centralized exchanges (CEXs) and decentralized exchanges (DEXs) and instantly trades to ensure profitability for investors.
With ProfitScraper, investors enjoy automatic arbitrage, advanced risk management, and increased profitability, with rewards of upto 5.10% for every user, calculated from the time of deposit.
To incentivize users to make more referrals, ProfitScraper has introduced a weekly referral competition called the PrizePool.
In sum, ProfitScraper is a comprehensive investment platform offering investors several ways to enhance earnings.

Corporate Bond Issuers Drive Continued Surge in New CUSIP Issuance

Retrieved on:

Tuesday, March 14, 2023

Compact disc, CUSIP, CGS, Certificate of deposit, Cryptocurrency, Security (finance)

The increase in corporate CUSIP request volume was driven largely by a significant surge in domestic corporate debt issuance, which rose 14.0% over strong January totals, driving year-over-year volumes up 42.4%.

Key Points:

The increase in corporate CUSIP request volume was driven largely by a significant surge in domestic corporate debt issuance, which rose 14.0% over strong January totals, driving year-over-year volumes up 42.4%.
This was the second straight month of significantly increased volume in corporate debt CUSIP request volume.
“We’re seeing the second straight month of strong request volume among corporate issuers and—less surprisingly—we’re seeing a sustained level of high volume in CDs, which are driving year-over-year gains in corporate CUSIP volumes.
On an annualized basis, international equity CUSIP requests are down 8.8% and international debt CUSIP requests are down 42.5%.

First Federal Bank of Kansas City expands product line with Credit Builder Loan

Retrieved on:

Wednesday, March 15, 2023

America's First Federal Credit Union, FICO, Certificate of deposit, Bank, Real estate

LEAWOOD, Kan., March 15, 2023 /PRNewswire/ -- First Federal Bank of Kansas City recently added the Credit Builder Loan to its retail banking and lending product line serving Kansas and Missouri. The Credit Builder Loan is designed for customers wishing to establish payment history on their credit report while developing a savings foundation.

Key Points:

LEAWOOD, Kan., March 15, 2023 /PRNewswire/ -- First Federal Bank of Kansas City recently added the Credit Builder Loan to its retail banking and lending product line serving Kansas and Missouri.
The Credit Builder Loan is designed for customers wishing to establish payment history on their credit report while developing a savings foundation.
"Our Credit Builder Loan assists customers without existing credit or low credit by giving them an achievable path toward building credit history and reinforcing the principle of saving," said Nate Boylan, First Federal's chief banking officer.
The Credit Builder Loan is a short-term, fixed-rate installment loan with a lower interest rate than most credit cards, and does not require an opening deposit.

Forbright Bank Announces 12 Month Certificate of Deposit at 5.25% APY

Retrieved on:

Thursday, March 2, 2023

Environment, Finance, Asset Management, Socially Responsible Investing, Environmental Policy, Banking, Professional Services, Green Technology, Certificate of deposit, APY, News, U.N, FDIC, CD, Carbon, Bank, Renewable energy

Forbright Bank, a nationwide bank focused on decarbonization, today announced the launch of a new high-yield Certificate of Deposit (CD) to help Americans earn more and accelerate the transition to a clean energy economy.

Key Points:

Forbright Bank, a nationwide bank focused on decarbonization, today announced the launch of a new high-yield Certificate of Deposit (CD) to help Americans earn more and accelerate the transition to a clean energy economy.
It was the seventh U.S. bank to become a signatory to the U.N. Principles for Responsible Banking.
And Forbright Inc’s Green Bond resulted in nearly 12,000 metric tons of estimated annual carbon equivalent emissions avoided last year.
The APY on all certificates assumes that principal and interest will remain on deposit until maturity.

myCDbank.com Announces Entry to Online CD Market

Retrieved on:

Wednesday, January 25, 2023

APY, Beal Bank, Certificate, Compact disc, FDIC, Certificate of deposit, Beal, Bank

PLANO, Texas, Jan. 25, 2023 /PRNewswire/ -- myCDbank.com (mycdbank.com), a division of Beal Bank USA (Member FDIC), is pleased to introduce itself to savings depositors and investors across the nation. The myCDbank.com brand specializes in offering online-only certificates of deposit (CDs) with competitive rates.

Key Points:

myCDbank.com is currently featuring a very competitive 12-month CD at 4.65% APY* with a $1,000 minimum deposit.
Beal enterprise Chief Operating Officer Brent Lundberg said, "CDs have long been attractive for investors seeking secure, stable returns.
Our current offering and online system make it easy for all investors to open a CD account at a great rate and manage the account online."
myCDbank.com customer service professionals can help customers open an account online and answer questions from investors who are new to the CD-buying experience.

UmbrellaBank.com Announces Entry to Online CD Market

Retrieved on:

Wednesday, January 25, 2023

APY, Beal Bank, Certificate, Compact disc, Certificate of deposit, FDIC, Beal, Bank, Online shopping

PLANO, Texas, Jan. 25, 2023 /PRNewswire/ -- UmbrellaBank.com (umbrellabank.com), a division of Beal Bank (Member FDIC), is pleased to introduce itself to savings depositors and investors across the nation. The UmbrellaBank.com brand specializes in offering online-only certificates of deposit (CDs) with competitive rates, currently featuring a 12-month CD at 4.65% APY* with a $1,000 minimum deposit.

Key Points:

The UmbrellaBank.com brand specializes in offering online-only certificates of deposit (CDs) with competitive rates, currently featuring a 12-month CD at 4.65% APY* with a $1,000 minimum deposit.
UmbrellaBank.com has a newly-upgraded online banking experience that is straightforward and easy to navigate, allowing anyone to open CDs and manage their accounts with ease.
* The annual percentage yield (APY) advertised for the Certificate of Deposit herein is accurate as of the date of this publication and is available online only through umbrellabank.com .
The advertised APY may be discontinued at any time; contact UmbrellaBank.com for current CD rates.

Arbor Bank Partners with The CorePoint to Build CD Deposit Strategy

Retrieved on:

Tuesday, August 16, 2022

Arbor Bank, the oldest state bank in Nebraska, has partnered with The CorePoint, a provider of innovative deposit pricing software, to revitalize their long-term deposit strategy and build personalized savings programs for its customers.

Key Points:

Arbor Bank, the oldest state bank in Nebraska, has partnered with The CorePoint, a provider of innovative deposit pricing software, to revitalize their long-term deposit strategy and build personalized savings programs for its customers.
The bank implemented The CorePoints CoreCD platform to automate Certificate of Deposit (CD) pricing and worked with the companys consulting group to build a strategy that would enhance the customer experience and drive value.
Melissa Turner, vice president of Deposit Services for Arbor Bank, said that the bank decided to work with The CorePoint because of the consultative approach they bring to training staff and building deposit products that enhance the customer experience.
We work with banks like Arbor Bank to advise their customers on the best products that fit their financial needs.