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What else can I help you with?
How much is your initial deposit?
Determined by the bank.
How much does a bank make on a deposit account?
30000
How much cash can you deposit in a bank?
25000 thousand
The federal Deposit Insurance Corporation insures bank deposits up to how much per deposit?
100,000
Is a home safe as secure as a bank safe deposit box?
No. Definitely not. A Banks safe deposit box is much much safer than a safety deposit box in a home.
If certifacate of deposit is just in safe deposit box is that ok?
Yes. It should be OK. Certificate of Deposits are important documents that carry a value (as much as the money you deposited with the bank + interest). So, it is important to keep them in a safe place and a safe deposit box should be perfectly fine.
How much money can you enter into a bank?
There is no limit as to how much money you can deposit into a bank. However you should keep in mind that very large sums may be considered suspicious, thus putting your account under stricter review.
What is the loan to deposit ratio of the bank?
The loan to deposit ratio of a bank is a measure of how much money the bank has lent out compared to how much it has in deposits. It is calculated by dividing the total loans by the total deposits. A higher ratio indicates that the bank is lending out more money relative to its deposits.
Can a bank freeze a new account?
Yes. If the opening deposit is a check, they will probably not let you withdraw very much of it until the check has been accepted by the issuing bank. That could be overnight or a few days if the other bank is in the US, or several days if it is drawn on a foreign bank. If the deposit is a sight draft or other collection item, your account will not even be credited with the deposit until it has been collected. If you open the account with a cash deposit, the funds should be available immediately.
If the reserve rate is 6 and a bank receives a deposit of 14000 how much of the 14000 is the bank free to loan out?
$13,160
If the reserve rate is 7 and a bank receives a deposit of 9000 how much of the 9000 is the bank free to lend?
$8370
If the reserve rate is 4 and a bank receives a deposit of 12000 how much of the 12000 is the bank free to loan out?
If the reserve rate is 4%, the bank must hold 4% of the deposit as reserves. For a deposit of $12,000, the required reserves would be $480 (4% of $12,000). Therefore, the amount the bank is free to loan out is $11,520 ($12,000 - $480).
