A security deposit on a secured credit card is cash provided upfront by the cardholder. These funds protect the lender in case the borrower doesn’t make their payments. Many or all of the products ...
Banks are reminded that child tax credit payments made by direct deposit are exempt from creditor process. In particular, the Virginia law (Code §34-28.3) provides an exemption for any “emergency ...
Credit unions are suddenly flush with deposits but they may have limited options in how to deploy these funds. Last year, some credit unions found themselves in a liquidity crunch, leading some ...
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What Is ACH Direct Deposit?

Gone are the days of rushing to your bank to make sure you can deposit or cash your paper check. Now, it can all be ...
Driven by the festive season and GST rationalization, credit grew 11.31% while deposits grew 9.74% year-on-year.
Some wrongly believe stablecoins are bank deposits in disguise. Yes, they’re deposits — but not bank deposits. And that makes all the difference. Some have argued — wrongly — that stablecoins are just ...
LANSING, Mich. (WLNS) – Thousands of Lansing Board of Water and Light customers will see a surprise on their bills beginning June 17. A new policy adopted by the utility will refund millions of ...
On the deposit side, the weighted average domestic term deposit rate on fresh deposits has declined by 105 bps, while that on ...
HOUSTON COUNTY, Ga. — Nearly 5,000 Houston County water customers are set to receive refunds totaling almost $200,000 in old water deposit credits, county officials announced Tuesday. The county ...