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The percentage, required by Truth in Savings regulations, to be disclosed on interest-bearing deposit accounts that reflects the total interest to be earned based on an institution?s compounding method, assuming funds remain in the account for a 365-day year.
Percentage a lender or depositor earns for permitting someone else to use their money, usually expressed as an annual percentage.
The minimum that must be deposited to open the account, and earn the stated rate of interest.
Earning interest on previous interest earnings.
SAFE AND SOUND RATING
Bankrate's proprietary rating on a 1 (low) to 5 (high) scale reflecting the financial health of the institution relative to its peers based upon information filed with regulators
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