MoneyRates Blog
Where are the Banks Offering Inflation-Linked Deposits?
By Clark Schultz | Money-Rates Columnist
If you do a search for banks offering rates which are indexed to the S&P 500, Dow Jones Industrial Average, or yields on U.S. Treasuries you can find various money market and CD products. Missing from the list of variable-rate offerings is anything tied to inflation. There are inflation-linked securities available, but surprisingly there are [...]
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The Future of the Big Banks
By Clark Schultz | Money-Rates Columnist
The day of the big bank may be over if the American public has their way. The banks grabbing headlines for losses, mismanagement, and greed, have almost exclusively been the nation’s largest banks as ranked by deposits or assets. Local banks, credit unions, and internet banks have faced problems and losses arising from bad mortgage [...]
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The FDIC Explains New Insurance Coverage Laws
By MoneyRates team | Money-Rates Columnist
The new deposit insurance laws have benefited consumers with higher insurance limits, but the increased deposit limits are only temporary until December 2009. The FDIC has issued their new issue of their Consumer News which details tips, rules, and information regarding deposit insurance. Listed below is the latest clarifications from the FDIC:Basic FDIC Insurance Coverage [...]
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