| Wednesday, January 7, 2009 | Calendar | About Us | Contact Us | Map & Directions | FAQ |
The Federal Reserve Open Market Committee today voted to reduce its target rate for overnight funds to an historic low ranging between 0.00 percent and 0.25 percent, and its Discount rate to 0.50 percent, also an all-time low...
The FDIC is requiring that financial institutions post language whether they are participating or not in the FDIC's Transaction Account Guarantee Program.
These disclosures must be provided in simple, readily understandable text.
The OBA is providing the texts in downloadable .pdf format for both those institutions participating and those who are not.
• If your bank is participating in the program, click here to download the text.
• If your bank is NOT participating in the program, click here to download the text.
Re-default rates on mortgages grow in the Third Quarter.
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