Savings scheme

Small Post Office Savings Plan: From PPF, Sukanya Samriddhi to NPS, Check Minimum Balance Required in 9 A / C Savings | Personal finance news

New Delhi: The Post Office Savings Plan has emerged as one of the safest options for traditional investors who don’t want to take a lot of market risk and are dependent on a fixed interest rate. The Small Postal Savings Plans are of 9 types: 1. Postal savings account (CS)2. National Recurring Deposit (RD) Savings […]

Savings bank

Cambridge Savings Bank opens new branch in Assembly Row in Somerville

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-focused approach and over $5 billion in assets, announced the opening of its new branch in Somerville, MA. Located at 475 Foley Street in Assembly Row, CSB has opened the doors to its 18and physical location on Tuesday, August 17and. CSB’s focus on […]

Savings scheme

LIC Pradhan Mantri Vaya Vandana Yojana vs. Seniors Savings Plan: COMPARISON – Know the Interest Rate, Benefits, Tenure and More

Most of the time, seniors place their retirement savings in risk-free areas. They don’t want to risk their savings in uncharted territory. For a safe bet, they deposit their money in the mail, government-related programs, or opt for term deposit programs to earn regular income after retirement. LIC Pradhan Mantri Vaya Vandana Yojana (PMVVY) and […]

Savings bank

Alabama Credit Union agrees to buy Security Savings Bank

Source: Shutterstock The $1.2 billion Alabama Credit Union in Tuscaloosa announced Wednesday that it has entered into a buy-and-hold agreement to buy Security Federal Savings Bank of Jasper for $38.9 million. Financial terms of the cash deal were not disclosed. The transaction will expand ACU’s presence in northern Alabama and bring its total assets to […]

Savings scheme

Seniors Savings Plan | Five investment plans for seniors with regular income

Five investment plans for seniors with regular income | Photo credit: BCCL New Delhi: Due to the onslaught of the Covid-19 pandemic, central banks around the world have been pushing to cut interest rates to avoid liquidity pressures. While lower interest rates can be a tonic for a struggling economy, they can negatively impact seniors […]