DUBUQUE, Iowa and MADISON, Wisconsin – (BUSINESS WIRE) – Sep 30, 2021– Dupaco Community Credit Union (“Dupaco”) and Home Bancorp Wisconsin, Inc. (“Home Bancorp”) (OTCPK: HWIS), the holding company of Home Savings Bank, today announced that they have signed an agreement to purchase and sell definitive assumption whereby Dupaco, headquartered in Dubuque, Iowa, will acquire […]
Month: September 2021
PPF interest rate, other small savings unchanged for the 6th consecutive quarter
Updated Sep 30, 2021 | 21:54 IST This means that for the October-December quarter of the current fiscal year, investors will continue to get the same interest rates they got for the July-September quarter. Representation image New Delhi: The government on Thursday kept interest rates on the popular Public Provident Fund (PPF) and other small […]
PPF, the other small savings rates remain unchanged. Check the rates here
The finance ministry on Thursday kept interest rates on small savings plans including the Public Provident Fund (PPF) and Sukanya Samriddhi Yojana (SSY), other post regimes unchanged for the sixth consecutive quarter for the quarter October-December. This means that the interest rates earned in the July through September quarter of fiscal 22 will be the […]
Dupaco Community Credit Union and Home Savings Bank sign agreement for strategic acquisition
DUBUQUE, Iowa & MADISON, Wisconsin – (COMMERCIAL THREAD) – Dupaco Community Credit Union (“Dupaco”) and Home Bancorp Wisconsin, Inc. (“Home Bancorp”) (OTCPK: HWIS), the holding company of Home Savings Bank, today announced that it has signed an agreement to definitive purchase and assumption agreement whereby Dupaco, headquartered in Dubuque, Iowa, will acquire the assets and […]
PPF, NSC, Postal savings rate unchanged. Check details
Written by Shankhyaneel Sarkar | Edited by Poulomi Ghosh, Hindustan Times, New Delhi The Union’s finance ministry said on Thursday it was maintaining interest rates on small savings schemes such as the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY) and other postal schemes. This is the sixth consecutive quarter (October-December) that interest rates have […]
Central Savings Bank’s first executive receives award from Alley Pond Environmental Center – QNS.com
Michael Serao (center left) was joined by her husband, Dr Fidel Abreu, his uncle Dominick and Linda Arbore. Sign up for our PoliticsNY newsletter for the latest coverage and to stay informed about the 2021 election in your district and across New York First Central Savings Bank connects the business world to the natural world. […]
Oma Savings Bank Plc – Acquisition of own shares on 29
OMA SAVING BANK PLC, PUBLIC RELEASE SEPTEMBER 29, 2021 AT 7:35 PM ET, CHANGES IN THE COMPANY’S OWN SHARES Oma Ssavings bank plc – To acquiredisposal of own shares on 29 September 2021 At Nasdaq Helsinki Ltd (XHEL): Date: 29.9.2021Exchange transaction: BuyShare Trading Code: Oma Savings Bank Plc (OMASP)Amount, shares: 2,909Total cost, EUR: 47,767.60Average price […]
What is a 529 education savings account and how do I open one?
Anyone can open a 529 College Savings Account, but most people don’t. Surveys have consistently shown that a large portion of Americans are unaware of the accounts and their purpose. Here’s what you need to know: What is a 529 account? This is a college savings account similar to what 401 (k) accounts are for […]
What are the tax implications and exemptions for a savings account?
It is prudent money management practice to deposit your funds in a savings account. Your money is safe in the bank and you are less likely to spend it than cash! A savings account also offers great liquidity, as you can withdraw your funds at any time. If you want to grow your money more, […]
Thai Government Savings Bank Provides Emergency Loans to Flood Victims
GSB has stated that its home loans have a low interest rate of MMR-1.25% per annum and that customers can offer their house, apartment, land or farm as collateral, provided they are not not encumbered. The Thai Government Savings Bank (GSB) is providing emergency loans to people severely affected by the flooding caused by Storm […]
Holders of a La Poste savings account ALERT! ATM card transaction rules will change as of October 1
Customers, who have a savings account at a post office, will now have to pay new fees for financial or non-financial transactions they make in a month. The new rule will take effect from Oct. 1, the post office said in a circular. The annual maintenance fee for post office ATM / debit cards from […]
You can now earn 2% interest on a fixed savings account. But is it worth putting the money under lock and key?
Image source: Getty Images Share this page: If you have any savings, now you have to work harder than ever to get a decent return on your money. This is because your easy-to-access savings account is likely to pay pitiful interest rates. One option to increase your interest is to open a term savings account, […]
Savings account with an interest rate of 7% List of banks
Having a savings account has many advantages. You can withdraw money from banks for savings ranging from bank loans to medical bills. Savings accounts also receive income with these benefits. Due to the large number of banks, people are not sure which banks offer the highest interest rates. So let us know 5 banks that […]
Punjab & Sind Bank Revises Interest Rates on Savings Account and FD: Latest Rates Here
Bank of Punjab and Sindh savings account interest rate Deposits to PSB savings accounts are eligible for individuals (single names or spouses) and certain organizations / agencies such as HUF, non-social organizations, clubs, trusts, corporations, associations, schools, executor (s) / administrator ( s), government Organizations, semi-government services, recognized FP accounts, etc. The account must have […]
Revised CPE credit card rates from October 1st: here are the new rates
The Postal Department, via a circular dated September 15, 2021, announced that it has introduced various fees on ATM cards which will come into effect from October 1, 2021. In addition, according to the circular, the Department has put a cap on the number of financial and non-financial transactions that can be made at ATMs […]
The joys of a health savings account and 5 ways to use it in retirement
A Health Savings Account (HSA) allows you to save money in a tax-efficient account and then withdraw money tax-free to pay for eligible medical expenses. Often the money is used while you are working. But you can also use your HSA in retirement to reduce your medical costs. It could also help you stretch your […]
OTTAWA SAVINGS BANK ANNOUNCES COMPLETION OF CONVERSION TO ILLINOIS CHARTERED COMMERCIAL BANK AND NAME CHANGE TO OSB COMMUNITY BANK
Ottawa, Ill., Sept. 27, 2021 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company of Ottawa Savings Bank, FSB (the “Bank ”), today announced that the Bank has changed from a federally chartered savings bank to an Illinois chartered commercial bank. As part of the charter conversion, the Bank changed its […]
Woman urged to reconsider marriage after husband steals savings account
Woman asked to take a close look at her marriage after confronting her husband for stealing his savings and giving them to his own brother – he claims he did nothing wrong The woman’s husband went straight to her parents who ganged up against her ( Image: Getty) Money can be a touchy subject, even […]
Business Perspective: The Misunderstood Health Savings Account | News from local businesses
The best news is that the account’s profits grow tax-free and distributions are tax-exempt, if used for qualifying medical expenses as defined by the IRS, which is a generous list expanded by law. CARES, including Medicare and long term care insurance premiums. . With tax-deductible contributions, tax-exempt growth, and tax-exempt qualifying distributions, this triple tax-exempt […]
What Equity Linked Savings Scheme (ELSS) Mutual Funds Explained
Amid the quest to achieve various crucial life goals through wealth creation and also reduce their income tax through tax saving instruments, many people often have to compromise on one of these two aspects when planning financial. While some financial instruments are sufficient on the wealth creation front but do not offer enough or no […]
Want to earn high interest on your savings account? Discover the offers of these 5 banks
New Delhi | Jagran Business Office: Since banks have reduced the interest rate offered on Fixed Deposits (FDs), people have started to keep their money in a savings account as they get a higher interest rate from them compared to FD. There are many advantages to having a savings account. These include cash, high interest, […]
PayPal High Yield Savings Account Coming Soon
BigTunaOnline / Shutterstock.com Savers hungry for higher returns will soon have the option of putting their money into a high-yield PayPal savings account. The company – PayPal Savings – will be part of the new PayPal app. Synchrony Bank will offer the savings account, which is expected to start with an Annual Percentage Return (APY) […]
Get Rs 16 Lakh Return By Investing Rs 10,000 Per Month
When thinking of investing money in a safe and reliable way, the first thing that often comes to mind is the use of term deposit accounts or savings accounts with your banks. However, there is an equally effective alternative. You should consider investing your money through the Post’s Savings Plan, or more specifically, the Post’s […]
PayPal Launches High Yield Savings Account with 0.40% APY
Many of the businesses featured on Money advertise with us. The opinions are ours, but the compensation and extensive research determines where and how companies can appear. Learn more about how we make money. PayPal is the latest company to try to attract savers who aren’t happy with the current low interest rates of traditional […]
Only a third of low-income people have a savings account, data shows
Having money in a savings account is important. Without cash reserves in the bank, you could easily get into debt when an unforeseen expense arises. Or you could risk losing your home or vehicle if you lose your job, can’t pay your bills, and have no money to lean on. But a new report from […]
PayPal announces new savings account as part of app redesign
PayPal Holdings Inc. continues to expand its ambitions beyond payments with the planned launch of a new savings account. As part of a redesign of the application, PayPal PYPL, -1.72% will roll out an in-app savings account with no monthly fees or minimum balance requirements, the company said on Tuesday. The account, provided in partnership […]
BNB announces the winners of the “Al Watani savings plan” for August 2021
Manama, Bahrain: The National Bank of Bahrain (NBB) has announced the five lucky winners of its Al Watani Savings Program for the month of August 2021. The draw took place at the Bank’s headquarters on September 15andand brought together representatives of the Ministry of Industry, Trade and Tourism and external auditors. A total of four […]
The BNB reveals the winners of the “Al Watani savings plan” for August 2021
Manama, Bahrain: The National Bank of Bahrain (NBB) unveiled the five lucky winners of its Al Watani savings plan for August 2021. The draw took place at the Bank’s headquarters on September 15e, in the presence of representatives of the Ministry of Industry, Trade and Tourism and external auditors. A total of four winners; Farah […]
How to open a UAE savings account from abroad
Your work can take you anywhere in the world. When you move to a new country, you need a few essentials to survive. One of them being a savings account. Whether you are settling permanently in the United Arab Emirates or moving there for a few months, you will need a savings account to manage […]
The Day – Friends & Neighbors: New CEO appointed at Essex Savings Bank
The Essex Savings Bank Board of Directors has announced the appointment of Diane Arnold, formerly Senior Vice President and Chief Loan Officer of Essex Savings Bank, as Chief Executive Officer. The appointment took effect on August 1. Arnold began her banking career in 1983 and worked in various departments at two different banks before joining […]
Thinking of opening a zero balance savings account? Here is a list of banks with the best interest rates.
Since maintaining a minimum balance in a savings bank account is a difficult task, many people prefer a zero balance savings account where they are not required to maintain a minimum balance. Most banks require their customers to maintain a minimum balance in their savings accounts and this has become difficult due to the ongoing […]
PTPTN launches a new national education savings scheme
The National Higher Education Fund Corporation (PTPTN) is committed to continuing to transform the mindset of parents to save early for their children’s future educational needs and reduce reliance on student loans. To this end, PTPTN has launched a new product: Simpan SSPN (National Education Savings Plan) Plus. Simpan SSPN Plus is a continuation of […]
Chip launches first easy-to-access 0.7% savings account
Savings and investment Users can deposit up to £ 30,000 into the new account, which offers 0.70% interest and is FSCS protected. Image source: Simon Rabin (second from left) / Chip. While many banks have cut interest rates to next to nothing – some even flirting with the idea of negative interest rates – fintech […]
Is a joint savings account a good idea?
If you and your partner are saving for a goal such as a security deposit, you might consider opening a joint savings account. If you have shared expenses such as household bills, a joint checking account can be helpful. But what about a joint savings account? In this article we explain: What is a Joint […]
Launch of the first MFS-based digital savings program in Bangladesh: IDLC
FE ONLINE OFFICE | Published: 02 September 2021 18:18:05 | Update: 04 September 2021 16:38:38 A “digital savings system” has been launched to allow people, including those who previously lived outside financial inclusion, to benefit from IDLC Finance’s term deposit services using their bKash accounts. Leading non-banking financial institution IDLC Finance showcased the program at […]
Thomaston Savings Bank filings to open a second branch in Farmington
Thomaston Savings Bank plans to open a second Farmington branch in a former bank building at 2 South Main St. Thomaston Savings filed August 23 with the State Banking Department to establish the branch, its 15th overall. Stephen Lewis, President and CEO of Thomaston Savings Bank, said in an email that the ongoing interior and […]
Ag Lending attracts Wayne Savings Bank to Columbiana County Business Journal Daily
WASHINGTONVILLE, Ohio — It wasn’t the booming real estate market that initially drew the area’s newest bank to Columbiana County. Instead, it’s the fertile soil and farming community that area farmers depend on that attracted the Wayne Savings Community Bank, said board executive chairman Mark Witmer. “Wooster, where our headquarters is, is a small town […]
Bangladesh’s first MFS-based digital savings program launched: IDLC
FE ONLINE OFFICE | Posted: September 02, 2021 6:18:05 PM | Update: 04 September 2021 16:38:38 A “digital savings plan” was launched to enable people, including those who previously lived outside of financial inclusion, to take advantage of IDLC Finance’s term deposit services using their bKash accounts. Leading non-bank financial institution IDLC Finance presented the […]