The Savings account interest rate at Citizens Bank has just changed from 0.6% APY to 0.65% APY with a minimum of $10,000 required. See the full details and rate info at Citizens Bank Money Market/Savings $1000 rate. Performance MMA Promo
Over the past few months I have been writing on a series of articles that aims to deliver an account overview of the various student accounts banks have to offer.
In the past, I have covered the TD Canada Trust Student Account, the RBC Student Account and most recently the CIBC Advantage for Students Account.
Today I plan on covering the Scotiabank Student Banking Advantage Plan, which offers a few features that no other banks have.
To start things off, I have compiled what Scotiabank has to offer students in the table below:
|
Bank of Nova Scotia (Scotiabank) |
AccountStudent Banking Advantage
Plan Monthly Fees$1.25/ month
(fees waived if you keep a $2,000 minimum daily balance) Transactions*
Unlimited Sending INTERAC e-Transfer$1.00 per transaction Non-(bank) ABM withdrawals-$1.50 each within Canada
-$3.00 each inside the U.S. Full article…
Star Credit Union provides attractive interest rates for their money market account account. The credit union will require you to deposit a minimum of $2,500 to open an account. You must also maintain an average daily balance of $2,500 or more to earn their best money market rates. These money market deal has the following current interest rates:
- $2,500 to $25,000 0.75% APY
- $25,001 and above 1.01% APY
As per federal regulations, you are limited to make up to 6 transfers or withdrawals by means of automatic transaction, check, pre-authorized transaciton, or telephone every statement cycle. In case you exceed the limit, you will need to pay a very minimal fee whenever you make a transaction.
This best money market account allows you to monitor you account through online banking. Pay your bills anytime without having the hassle to go to the bank. You can even check your monthly statement by simply subscribing to electronic bank statement. Please
Full article…
Vittorio Hernandez – AHN News
Paris, France (AHN) – France registered an inflation rate of 2.4 percent in August, up from 2.1 percent in July.
It is the fastest rate of increase in almost three years following the jump in prices of manufactured goods and cost of energy. The 2.4 percent consumer price index rate was higher than economists’ expectation of 2.2 percent.
The rate was calculated on a harmonized European Union method.
Manufacturing goods prices rose 1.6 percent and energy prices went up 0.4 percent. However, food prices went down 0.2 percent due to a seasonal drop in fresh produce prices.
The European Central Bank raised key lending rates two times in 2011, but last week said the risk of recession is greater than the threat from inflation.
First Bank of Nigeria plc (FirstBank) has reported its unaudited financial results for the first nine months of 2011, including gross earnings of N211.2bn.
This is a 19% rise on the corresponding period in 2011 when the firm made N177.1bn in gross earnings.
Net interest income was up by 33%, year-on-year, to N118.9bn, with operating income up 38% to N179.7bn.
Pre-tax profits were up by 20% from N40.7bn to N49bn, and up from N35.7bn in the first six months of 2011.
Profits after tax were up by 32% from N32.6bn to N42.2bn, exceeding the 23% rise in biannual net profits the firm recorded in the first six months of the year (N31.3bn).
The bank also recorded a Tier 1 capital ratio of 15.4%, flat with the same period last year, and a total capital adequacy ratio of 17.5%, 0.5% higher than the same time last year.
Group Managing Director Bisi Onasanya described the results as very satisfying, adding that they were indicative of the bank’s robust and resilient business model.
The Savings account interest rate at SunTrust Bank has just changed from 0.6% APY to 0.55% APY with a minimum of $10,000 required. See the full details and rate info at SunTrust Bank Money Market/Savings $1000 rate. SunTrust Advantage Money Market Acct (Intro) New money required. Rate guaranteed for 3 months. Must have a checking account.
I came across an article on Yahoo, revealing interesting information regarding JP Morgan Chase and the Bank of Canada. James Dimon, the CEO of JP Morgan Chase, launched a tirade against the Bank of Canada Governor Mark Carney in a closed door meeting in front of more than 2 dozen bankers and finance officials.
A tirade is a prolonged outburst of bitter, outspoken denunciation.
Full article…
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