The Federal Open Market Committee wrapped up its two-day meeting today, holding rates steady and indicating that will remain the case. Specifically, the Fed made no changes to its much followed statement about “exceptionally low levels of the federal funds rate for an extended period.”
The statement did reaffirm the Fed’s commitment to reel in some of the liquidity with several facilities set to expire on schedule Feb. 1 and the Term Auction Facility now slated to sunset on March 8.
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Pensacola Government Federal Credit Union continues to provide high interest savings account under their Primary Share Savings. This money in the bank deal has an interest rate of 1.55% APY which you can earn when you open an account. The credit union requires you to deposit a minimum of $25 to open an account, but you will need to have an average daily balance of $100 to earn this best savings account rate.
The earnings of this money in the bank deal is compounded daily and credited to your account every quarter. This high yield savings account allows you to make up to 6 electronic transfers each month. There will be a $3 transfer fee that will be charged to you for every transfers you make in excess to the limit.
Aside from the Primary Share Savings, the credit union also provides high yield savings account with their Special Share account, Christmas Club account, and Saving Safari account for Kids.
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New Resource Bank gets a lot of coverage on Green Bank Report, but it’s deserved. If Wells Fargo or Bank of New York was supporting green energy projects, we would write about them too.
Here’s the latest green endeavor from San Francisco’s leading green bank as described in its press release:
New Resource Bank has approved a $3 million line of credit for Adam CapitalClean Energy Asset Finance LLC. The funding will allow the solar energy finance firm to extend additional capital to small-scale solar developers throughout the United States, including home owners, small businesses, nonprofits, schools and low-income housing developments.
Adam Capital pioneered asset-based lending for rooftop-scale clean energy developers and has funded hundreds of completed projects with loans in the $500,000 to $5 million range. By provid
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A new data set for more than 80 developing countries reveals some large differences in both health status and health service use by wealth quintile.
Improving health is central to achieving the Millennium Development Goals, but national-level estimates of progress do not reveal the disparities between different groups of the population. A new data set for more than 80 developing countries shows that there are large differences in both health status and health service use by wealth quintile in many developing countries.
Understanding the differences in outcomes and service access between different population sub-groups matters.
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We have a New Issue Municipal bonds free E-mail update serves available for tax free income investors. Most clients know us for our diligent work in Global Bonds along with our Corporate Bond research, but we also help clients separately in individual State and Municipal bonds. Many people ask “how do you buy New Issue Municipal bonds? “ Here at Durig Capital we work hard to make it easy for you, first you could review the upcoming offerings in our free State by State New Issue E-mail service by signing up below or simpler yet just give our bond annalist a call.
We would like to help you, if your interested please just a few moments for our very short sign-up questions for our Free New Issue Municipal bond update service, our emails Municipal bonds new issue will be sporadic due to the nature of the New Issue Markets. We
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The economic snapshot known as the Beige Book was released Wednesday and based on its contents, we shouldn’t expect any surprises at this month’s Federal Open Market Committee meeting. The Beige Book is used to gauge the health of the economy with on the ground reports from Federal Reserve contacts — banks and businesses — throughout all 12 Federal Reserve districts. The continued economic improvement necessary for the Fed to eventually begin boosting short-term interest rates will appear in the Beige Book, and it is often looked to for clues about how the Fed will view the state of the economy when it next meets.
While the economy was improving as of the late February polling, the pace was modest and impacted by the spate of winter snowstorms around much of the country.
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Maumee Educators Federal Credit Union continues to provide a high yield savings account under their share savings. This best savings account is tiered and has the following current interest rates:
- $100 to $9,999 1.00% APY
- $10,000 to $29,999 1.05% APY
- $30,000 to $49,999 2.00% APY
- $50,000 and above 2.25% APY
You can start earning these high interest savings account when you deposit a minimum of at least $5 to open an account. You need to maintain an average daily balance of $100 or more to earn these best savings account rates. The dividends of these money in the bank deal are compounded and paid every quarter.
Under federal regulations, you are only limited up to 6 withdrawals or transfers per statement cycle by means of pre-authorized, automatic transactions, check, debit card, telephone, or draft. If you exceed t
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A significant milestone for green banking was achieved when Green Bank in Texas (link) passed the $1 billion in assets mark. Hitting the psychologically-important barrier should help assure shareholders and customers that sustainable banking at a larger scale remains possible.
From the Green Bank press release:
Green Bank, N.A. has now reached $1 billion in total assets, raising its profile in Texas and placing it in the top tier of banks nationwide. Th
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Gender equality matters for development
The education and health levels of women and girls have improved greatly over the years. But in many parts of the world, women are still dying in childbirth, or not being born at all, at alarming rates. Women continue to lack voice and decision-making ability in the household and in society; and, their economic opportunities remain very constrained. This inequality is manifestly unfair. It is also bad economics: under-investing in girls and women puts a brake on poverty reduction and limits economic and social development. Two new products from the World Bank inform, through data, the progress of over 200 countries towards gender equality and development.
eAtlas of Gender
The new World Bank eAtlas of Gender, the latest in a suite of user-friendly, interactive electronic atlases, allows users to map and graph dozens of gender indicators over time and across countries.
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