Savings scheme

The DFs of the post offices offer a better interest than the banks; Know the details

Postal Savings Plan: Fixed deposits have a different kind of relationship with the middle class and the elderly in India. For a very long time, fixed deposits have been the investment option of choice for the Indian middle class. For the average middle-class Indian citizen, investing in good schemes with attractive fixed interest rates remains […]

Savings bank

Net profit of Romanian savings bank CEC increases by 5% in 2021

BUCHAREST, Romania, February 14 (SeeNews) – Romania’s state-owned savings bank CEC said on Monday its net profit rose to 355 million lei ($81 million/72 million euros) in 2021, from 337 .7 million lei the previous year. In 2021, CEC Bank managed to attract a record number of 135,000 new customers, it said in a press […]

Savings bank

Indian Overseas Bank revises interest rates on savings bank deposits

Business oi-Vipul Das | Posted: Sunday February 6th 2022, 05:25 PM [IST] Indian Overseas Bank (IOB), a public sector lender, has revised its interest rates on savings bank deposits. The new rates come into effect on January 5, 2022, according to the bank’s official website. Following the current modification, the bank now grants an interest […]

Savings scheme

Invest in these programs to get a better return than FD; Know more

Postal Savings Plan: Investing in a good savings plan has always been a priority for the middle class in India, who mainly seek to invest in a policy with a high interest rate and guaranteed returns. While fixed deposits in banks meet this need, the interest rate and tax benefits are not as high as […]

Savings bank

Territorial savings bank profits fall 24% as sales of securities and loans fall

Mahalo for supporting Honolulu Star-Advertiser. Enjoy this free story! Net income at Caisse d’Epargne Territoriale fell 24% in the fourth quarter as revenue from securities and loan sales fell and the company released less money from its loan loss reserve than in the quarter. previous. “The fourth quarter of 2021 was very challenging,” Territorial Chairman […]

Savings bank

What are the transaction limits on the Post Office Savings Bank (POSB) account?

Classroom oi-Vipul Das | Posted: Tuesday January 18th 2022, 11:24 AM [IST] Most bond investors are familiar with post office programs, which offer higher interest rates than bank accounts. Even the initial deposit limit is minimal and customers, especially senior citizens, seek postal systems as the most attractive investment instrument. However, the transaction limits of […]

Savings scheme

PPF, NSC rates for other small savings remain unchanged: check rates here

On Friday, the finance ministry kept interest rates on small savings plans including the Public Provident Fund (PPF) and Sukanya Samriddhi Yojana (SSY), other post office plans unchanged for the fourth quarter of exercise 22 amid increasing cases of the more contagious variant of the Omicron coronavirus and high level of inflation. ” The interest […]

Savings bank

Colonial Federal Savings Bank Announces Depositors’ Approval of Reorganization Plan and Completion of Subscription Offer

QUINCY, Mass., December 29, 2021 / PRNewswire / – Colonial Federal Savings Bank (the “Bank”) announced today that the depositors of the Bank have approved the reorganization plan whereby the Bank will reorganize into a mutual holding company structure. The Bank’s depositors have also approved the formation and funding of the Colonial Federal Savings Bank […]

Savings bank

Colonial Federal Savings Bank Announces Depositors’ Approval of Reorganization Plan and Completion of Subscription Offer

QUINCY, Mass., December 29, 2021 / PRNewswire / – Colonial Federal Savings Bank (the “Bank”) announced today that the depositors of the Bank have approved the reorganization plan whereby the Bank will reorganize into a mutual holding company structure. The Bank’s depositors have also approved the formation and funding of the Colonial Federal Savings Bank […]

Savings bank

These banks offer up to 7% interest rate. Details here

The savings account is a safe place where you can set aside a portion of your income for emergencies in the near future. An added benefit of the savings account is that we receive interest on our money. It is very beneficial for people who work with regular monthly income. At any time, money can […]

Savings scheme

Turkish currency skyrockets after Erdogan unveils lira savings plan

The Turkish lira rallied in chaotic second day of trading after President Recep Tayyip Erdogan unveiled a new savings plan that analysts described as a devious interest rate hike that could erode finances public. Tuesday’s gains leave the currency up about 50% from a record low reached in the previous trading session. The intense volatility […]

Savings bank

Community Bank System, Inc.Announces Shareholder Approval Received By Elmira Savings Bank For Merger

SYRACUSE, NY – (COMMERCIAL THREAD) – Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that the shareholders of Elmira Savings Bank (“Elmira”), at its special meeting of shareholders held on December 14, 2021, have voted overwhelmingly to approve Elmira’s proposed merger with Community Bank, NA (the “Merger”). Elmira indicated that over 98% of the […]

Savings bank

Community Bank System, Inc.Announces Shareholder Approval Received By Elmira Savings Bank For Merger

SYRACUSE, NY, December 17, 2021– (BUSINESS WIRE) – Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that the shareholders of Elmira Savings Bank (“Elmira”), at its special meeting of shareholders held on December 14, 2021, voted overwhelmingly to approve Elmira’s proposed merger with Community Bank, NA (the “Merger”). Elmira said that over 98% of […]

Savings bank

success for savings bank customers – economy – UK Parents Lounge

In the dispute over insufficient interest paid on premium savings contracts, the Federal Court of Justice (BGH) once again strengthened consumers. The judges declared the interest clauses of the savings contracts of Sparkassen Zwickau and Erzgebirge invalid. Silver houses will now have to recalculate interest. Customers can therefore partly expect significant arrears. The Consumers Association […]

Savings scheme

The name bond, the green bond: how a new savings plan can make your money more sustainable | Build green habits

Earlier this year, a deloitte report found that the pandemic had boosted our ecological awareness, with 85% of people adopting at least one lifestyle change to be more sustainable last year. We are probably all familiar enough with measures like reducing plastic waste, but did you know that one of the other steps you can […]

Savings scheme

Interest rate on small savings plans higher than PPF, NSC, according to RBI

NEW DELHI: By keeping small savings rates stable for six quarters, the government pays between 47 and 178 basis points (100 basis points equals one percentage point) higher than the parking funds in the public provident fund , the national savings certificate or office term deposits, the Reserve Bank of India (RBI) announced on Monday. […]

Savings bank

Union Savings Bank about to enter Cleveland Market with Independence branch

Louis Beck, president of Union Savings Bank of Cincinnati, plans to open an office for mortgage loan officers and associated staff while seeking regulatory approval for a branch and city approval for service at flying into the building the bank just bought from Independence. “This will be our home office there,” Beck said in a […]

Savings bank

Cambridge Savings Bank introduces money management – a tool for consumers to improve their financial well-being

CAMBRIDGE, Mass .– (COMMERCIAL THREAD) –Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $ 5 billion in assets, unveiled its personal finance visualization tool, Money management, to complement the suite of digital and user-friendly resources available to CSB and Ivy bank customers. CSB presented its Money Management tool, in […]

Savings scheme

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 […]

Savings scheme

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 […]

Savings scheme

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 […]

Savings bank

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 […]