Online tool that helps how the insurance rules and limits apply to a depositor's specific group of deposit accounts—what's insured and what portion (if any) exceeds coverage limits at that bank.
Learn if your bank is insured, view locations, track history, and more.
The secure Internet channel for FDIC-insured institutions to conduct business and exchange information with the FDIC.
The inventory of other assets for sale -- including office furniture, fixtures, and equipment.
interpolation is a way of estimating a value based on at least two other
values. For example, a 9 month and 12 month rate can be used to approximate
an 11 month rate.
The 12 month CD is 3 months longer than the 9 month CD.
(12 - 9 = 3)
The 12 month CD yields 150 basis points more than the 9 month CD.
(350 – 200 = 150)
On average, the yield of the CD increases 50 basis points for every additional
month of maturity.
(150 / 3 = 50)
Using linear interpolation, we estimate a 10 month CD would yield 2.50% and
an 11 month CD would yield 3.00%.
(2.00% + 0.50% = 2.50%) and (2.50% + 0.50% = 3.00%)
In this example we would assume the comparable market rate for an 11 month
CD is 3.00%, and the maximum allowable rate for a bank subject to Section
337.6 is 3.75%.
Weekly National Rates and Rate Caps