Latest research shows that $29 billion, or 15%, of maturing CDs balances were used to pay down credit cards and other revolving debt in the first half of 2010. - September 23, 2010
Deposit premiums known as Specials are the marketing tools banks use to attract new deposit money, especially when deposit rates are at a record low. - June 05, 2010
Estimated 10 Percent of the Balances of CDs Over 3 Years with Less Than $100K Will Disappear with Every 1 Percent Increase in the Fed Rate - April 22, 2010
Latest FDIC figures show that deposits of up to one year, which are yielding net negative returns, dropped $502 billion or 18.4 percent in 2009. - March 03, 2010
Latest Study Indicates 12-month CD Opened in January 2009 Has Return of -1.13% When Adjusted for Inflation - February 20, 2010
Latest study shows that for every $1 in new deposits, $4.78 is being shifted to savings and money market accounts that allow quick and easy access to funds. - February 03, 2010
Latest Study Shows 70 Percent Probability That All Banks Will Increase Deposit Rates Within One Week of Any Rate Increase by the “Big Banks.” - January 27, 2010
The newly-mandated FDIC rate cap, the high unemployment rate, and low Fed rate will suppress deposit interest rates; inflation is the wild card - December 17, 2009
Banks are keeping regular interest rates low and unchanged, and attract new depositors with special offers at higher interest rates - December 03, 2009
On January 1st, 2010, the FDIC final rule becomes mandatory restricting some banks to a maximum of 75 basis points (rate cap) above the national rate published by the FDIC - November 19, 2009
Total Bank Deposits Are Up $520 Billion from June 2008 to June 2009, Even Though the Average Interest Rate on Deposits Has Dropped 37%. - October 23, 2009
Banks and credit unions are offering short-term CD and Money Market Specials at twice the average regular rate to cater to the short-term deposits market. - October 16, 2009
Analysis Shows for Every $4.8 Billion Reduction in the FDIC Deposit Insurance Fund, Rates for CDs and Money Markets Drop by 10 bps. - October 03, 2009
National Average Rate for CDs and Money Markets Shows Loss of 27% through August Compared to 26% in Full Year 2008, and Without Cyclical Lift in Q3. - September 09, 2009
Shift from Long-Term CDs an Indication that Depositors are “Temporarily Parking” Their Money Until Confidence in Economic Recovery Returns. - September 05, 2009
Nearly 90% of bank deposits are made through local branches by people in the region, and each regional branch adds an average of $116 million. - August 15, 2009
National Average APY for CDs and Money Markets Has Dropped 10 bps Since June 30 Enactment of FDIC Special Assessment. - August 07, 2009
The national average rate for CDs and Money Market dropped 71 basis points, from 2.41 to 1.70 during the first six month of 2009 - July 16, 2009
Research Shows Nation’s Top 19 Banks That Received TARP Relief Offer CDs an Average of 42 bps Lower and Money Markets at 25 bps Lower than Smaller Institutions - June 26, 2009
Weekly Updates on Leading Financial Indicators and New Product Innovations Offered to Help Financial Institutions Compete in Tough Economy - June 23, 2009
Frequent Re-pricing of Special 12-month CD, and its relatively high interest rate indicate that depositors are opting for a one-year of “wait and see” before deciding on other investment avenues. - April 24, 2009
MRI celebrates its 24th anniversary by offering free 24-hour access to its advanced pricing system. - February 28, 2009
Latest MRI rate research shows that nearly 30 percent of all Jumbo Business CDs are now offered in one, three and 12-month terms. - February 21, 2009
New Advertising Tracking Service Gives Banks and CUs Snapshot of Competitive Product Promotion Now Available as Standalone Service. - February 14, 2009
Banking Research Firm Names New Sales Exec for Web Research Portal. - August 20, 2008
