Certificate of deposit

OnPoint Community Credit Union Celebrates Anniversary of Its Largest Branch Expansion with Special Member Promotions

Retrieved on: 
Thursday, June 2, 2022
Visa, Goal, Time, Program, Certificate, Wheeler, National Alliance on Mental Illness, Lincoln, Volksgemeinschaft, Skamania, Education, Special relationship (international relations), Organization, APY, Multimedia, S&P Global, Environment & Energy Publishing, Linn, Fred Meyer, Mark (given name), Condition, Credit union, National Alliance, Certificate of deposit, Sherman, APR, Wealth, Small business, Climate change, ATM, Color, View, NCRC, Bank, Renewable energy, Credit

PORTLAND, Ore., June 2, 2022 /PRNewswire/ -- OnPoint Community Credit Union is celebrating the one-year anniversary of opening 20 new branches inside Fred Meyer stores; the largest branch expansion of any credit union in the country last year, according to S&P Global Market Intelligence. Today, OnPoint operates 55 branches in Oregon and Southwest Washington and serves more than 480,000 members with $9.4 billion in assets. In honor of hitting this historic branch growth milestone, OnPoint will donate $1,000 to 20 different non-profits that serve the communities of OnPoint's new branches. Donations will go to organizations such as the African American Alliance for Homeownership, Marion Polk Food Share and the National Alliance on Mental Illness Southwest Washington. OnPoint is also hosting celebratory events at all Fred Meyer branches with member promotions and community giveaways, today through July 30, 2022.

Key Points: 
  • PORTLAND, Ore., June 2, 2022 /PRNewswire/ -- OnPoint Community Credit Union is celebrating the one-year anniversary of opening 20 new branches inside Fred Meyer stores; the largest branch expansion of any credit union in the country last year, according to S&P Global Market Intelligence .
  • Specific promotions include:
    In addition to the special promotions, each in-store branch will host weekly giveaways for $100 OnPoint Visa gift cards.
  • 4: OnPoint Community Credit Union will waive up to $175 off closing costs on any new EquityFlex Line of Credit product.
  • OnPoint Community Credit Union will add 0.25% to Certificate of Deposit (CD) rates.

Partners Value Investments to Issue CDN$150 Million of Notes

Retrieved on: 
Tuesday, August 3, 2021
Finance, Money, Economy, Investment, Canadian Imperial Bank of Commerce, S&P/TSX 60, Certificate of deposit, Private placement

TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Partners Value Investments LP (the “Partnership”, TSXV: PVF.UN and PVF.PR.U) and its subsidiary, Partners Value Investments Inc. (the “Issuer” and together with the Partnership, the “Companies”, TSXV: PVF.WT), announced today that the Issuer has agreed to issue CDN$150 million of senior unsecured notes due 2028 (the “Notes”). The Notes will bear interest at a rate of 4.00% per annum, payable semi-annually and will mature on November 15, 2028. The net proceeds from the sale of the Notes will be used for general corporate purposes. The offering is expected to close on or about August 10, 2021, subject to customary closing conditions.

Key Points: 
  • NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S.WIRE SERVICES
    TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Partners Value Investments LP (the Partnership, TSXV: PVF.UN and PVF.PR.U) and its subsidiary, Partners Value Investments Inc. (the Issuer and together with the Partnership, the Companies, TSXV: PVF.WT), announced today that the Issuer has agreed to issue CDN$150 million of senior unsecured notes due 2028 (the Notes).
  • The Notes will bear interest at a rate of 4.00% per annum, payable semi-annually and will mature on November 15, 2028.
  • The net proceeds from the sale of the Notes will be used for general corporate purposes.
  • The Notes will be sold on a private placement basis to accredited investors in Canada, with CIBC Capital Markets acting as agent.

Partners Value Investments to Issue CDN$150 Million of Notes

Retrieved on: 
Tuesday, August 3, 2021
Finance, Money, Economy, Investment, Canadian Imperial Bank of Commerce, S&P/TSX 60, Certificate of deposit, Private placement

TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Partners Value Investments LP (the “Partnership”, TSXV: PVF.UN and PVF.PR.U) and its subsidiary, Partners Value Investments Inc. (the “Issuer” and together with the Partnership, the “Companies”, TSXV: PVF.WT), announced today that the Issuer has agreed to issue CDN$150 million of senior unsecured notes due 2028 (the “Notes”). The Notes will bear interest at a rate of 4.00% per annum, payable semi-annually and will mature on November 15, 2028. The net proceeds from the sale of the Notes will be used for general corporate purposes. The offering is expected to close on or about August 10, 2021, subject to customary closing conditions.

Key Points: 
  • NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
    TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Partners Value Investments LP (the Partnership, TSXV: PVF.UN and PVF.PR.U) and its subsidiary, Partners Value Investments Inc. (the Issuer and together with the Partnership, the Companies, TSXV: PVF.WT), announced today that the Issuer has agreed to issue CDN$150 million of senior unsecured notes due 2028 (the Notes).
  • The Notes will bear interest at a rate of 4.00% per annum, payable semi-annually and will mature on November 15, 2028.
  • The net proceeds from the sale of the Notes will be used for general corporate purposes.
  • The Notes will be sold on a private placement basis to accredited investors in Canada, with CIBC Capital Markets acting as agent.

Fifth Third Boosts Investment in Detroit Minority Depository Institution

Retrieved on: 
Monday, June 14, 2021
Professional services, Consumer, Other Professional Services, African American, Finance, Banking, Finance, Financial services, Money, Financial services in the United States, Ethical banking, Community development financial institution, Federal Deposit Insurance Corporation, Certificate of deposit, Depository institution, Urban Partnership Bank, Community development bank

The move makes Fifth Third the largest investor at a total of $5.5 million in the minority depository institution and community development financial institution (CDFI).

Key Points: 
  • The move makes Fifth Third the largest investor at a total of $5.5 million in the minority depository institution and community development financial institution (CDFI).
  • We are proud to strengthen our partnership with Fifth Third Bank through this additional investment.
  • As defined by the FDIC, a minority depository institution may be a federal insured depository institution in which at least 51% of the voting stock is owned by minority individuals; or a majority of the board of directors is minority and the community that the institution serves is predominantly minority.
  • When well-established financial businesses like Fifth Third invest in minority depository institutions, jobs are preserved in minority communities, which helps to sustain the economy.

College Savings Bank, a Division of NexBank,Tops Ranks for Fifth Consecutive Year in FDIC-insured 529 Plan Study

Retrieved on: 
Thursday, June 10, 2021
Finance, Money, Economy, 529 plan, Federal Deposit Insurance Corporation, Certificate of deposit, Savings account, Bank, DreamAhead College Investment Plan, Maryland 529

The study, which was conducted by SavingForCollege.com, a leading independent college savings resource and authority on 529 plans, compares yields of federally-insured investment options offered by thirty-one 529 plans in the nation.

Key Points: 
  • The study, which was conducted by SavingForCollege.com, a leading independent college savings resource and authority on 529 plans, compares yields of federally-insured investment options offered by thirty-one 529 plans in the nation.
  • CSB is the program manager for Arizona's Bank Plan and Indiana's CollegeChoice CD 529 Savings Plan, both available nationwide.
  • College Savings Bank, a Division of NexBank (CSB) is the program manager for Arizona's Bank Plan and Indiana's CollegeChoice CD 529 Savings Plan, both offered nationwide.
  • Focused on college savings since 1987, CSB provides FDIC-insured CD investment options and a high-yield savings account without charging any fees.

Bank of America Announces Redemption of CAD500,000,000 Floating Rate Senior Notes due April 2022

Retrieved on: 
Tuesday, March 23, 2021
Banking, Professional services, Finance, Finance, Financial markets, Money, Bond valuation, Fixed income analysis, Financial regulation, International Securities Identification Number, CUSIP, Redemption, Certificate of deposit

Bank of America Corporation announced today that it will redeem on April 24, 2021 all CAD500,000,000 principal amount outstanding of its Floating Rate Senior Notes, due April 2022 (CUSIP No.

Key Points: 
  • Bank of America Corporation announced today that it will redeem on April 24, 2021 all CAD500,000,000 principal amount outstanding of its Floating Rate Senior Notes, due April 2022 (CUSIP No.
  • 060505FH2, ISIN: CA060505FH28) (the Notes), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of April 24, 2021.
  • Interest on the Notes will cease to accrue on the redemption date.
  • Payment of the redemption price for the Notes will be made in accordance with the applicable procedures of CDS Clearing and Depository Services Inc.

Year-long MyBankTracker Survey Finds Consumers Care More About Customer Service than Fees

Retrieved on: 
Wednesday, February 17, 2021
Finance, Money, Economy, Financial services, Bank deposits, Banks, Economic history of Italy, Deposit account, Certificate of deposit

"Preference for customer service -- over fees -- may not come as a surprise during times when consumers had difficulty contacting their bank when branches were closed."

Key Points: 
  • "Preference for customer service -- over fees -- may not come as a surprise during times when consumers had difficulty contacting their bank when branches were closed."
  • "In 2020, consumers had a closer relationship with their money and we see it through their savings preferences."
  • MyBankTracker conducted an ongoing survey regarding savings account and certificate of deposit (CD) preferences during the calendar year of 2020.
  • Using a combination of technology and money management expertise, MyBankTracker provides personal finance comparison tools and educates consumers to optimize their relationships with banks and lenders.

Bank Customers Continue to Suffer Rate Plunge: MoneyRates.com Quarterly Study

Retrieved on: 
Wednesday, January 27, 2021
Finance, Money, Economy, Bank account, Savings account, Certificate of deposit, Interest rate, Saving, Bank

"American consumer bank accounts have been among COVID-19's financial victims," explains MoneyRates' spokesperson and financial analyst Richard Barrington.

Key Points: 
  • "American consumer bank accounts have been among COVID-19's financial victims," explains MoneyRates' spokesperson and financial analyst Richard Barrington.
  • MoneyRates advises savers to fight the falling rate trend by shopping for online banks that meet the America's Best Rates standard for rate consistency.
  • Rate consistency is the most effective way to find the best savings accounts and higher CD rates with emerging rate gaps.
  • MoneyRates finds the average savings account paid an interest rate of just 0.136% during the fourth quarter of 2020.

CDS Chain's STO application approved by the U.S. SEC

Retrieved on: 
Tuesday, September 1, 2020
Computing, Economy, Finance, Corporate crime, Distributed data storage, InterPlanetary File System, World Wide Web, U.S. Securities and Exchange Commission, Certificate of deposit, CDS, Storage, Compact disc

SINGAPORE, Sept 1, 2020 - (ACN Newswire) - Commercial Data Storage [CDS] application for token offering [STO] has been approved by the U.S. Securities and Exchange Commission [SEC], with the filing available online at SEC's public database, EDGAR.

Key Points: 
  • SINGAPORE, Sept 1, 2020 - (ACN Newswire) - Commercial Data Storage [CDS] application for token offering [STO] has been approved by the U.S. Securities and Exchange Commission [SEC], with the filing available online at SEC's public database, EDGAR.
  • CDS is a smart agreement based on POTS (Proof of Traffic-measured Storage) consensus technology and focusing on distributed data commercial storage.
  • CDS' consensus design combines the IPFS distributed technology concept and the needs of financial data flow with POTS-based flow storage consensus technology.
  • The approval and publication of the CDS registry and filing, and CDS' compliance with SEC regulation in the future, will lead to a more balanced STO in which investors will be more secure.

Partners Value Investments to Issue Cdn$150 Million of Notes

Retrieved on: 
Friday, August 14, 2020
Finance, Money, Financial services, Canadian Imperial Bank of Commerce, S&P/TSX 60 Index, Certificate of deposit

TORONTO, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Partners Value Investments LP (the Partnership, TSXV: PVF.UN and PVF.PR.U) and its subsidiary, Partners Value Investments Inc. (the Issuer and together with the Partnership, the Companies, TSXV: PVF.WT), announced today that the Issuer has agreed to issue CDN$150 million of senior unsecured notes due 2027 (the Notes).

Key Points: 
  • TORONTO, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Partners Value Investments LP (the Partnership, TSXV: PVF.UN and PVF.PR.U) and its subsidiary, Partners Value Investments Inc. (the Issuer and together with the Partnership, the Companies, TSXV: PVF.WT), announced today that the Issuer has agreed to issue CDN$150 million of senior unsecured notes due 2027 (the Notes).
  • The Notes will bear interest at a rate of 4.375% per annum, payable semi-annually and will mature on November 15, 2027.
  • The net proceeds from the sale of the Notes will be used for general corporate purposes.
  • The Notes will be sold on a private placement basis to accredited investors in Canada, with CIBC Capital Markets acting as agent.