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Total Shares

The total shares of a credit union, which is also called 'Share Capital', refers to the total amount of shares deposited in a credit union. When people deposit their money in a credit union in the form of savings they are actually buying shares which make them part owner (member) of the credit union. These savings then [...]

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Tier 1 Capital

A bank's Tier 1 Capital is judged by regulators to represent the bank’s core capital. The FDIC states that: "Tier 1 Capital includes: Common stock, undivided profits, paid-in-surplus; Non-cumulative perpetual preferred stock; Minority interests in consolidated subsidiaries; Minus All intangible assets (with limited exceptions); Identified losses; Deferred tax assets in excess of the limit set [...]

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Certificates of Deposit

Certificates of Deposit (CD) are among the class of fixed income investments that are offered at your bank. Certificate of deposits as well as treasury and corporate bonds usually have a fixed interest rate and length of time (3 months, 6 months, 1 year, 3 years) but they are less risky than corporate bonds because [...]

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Tangible Common Equity

Tangible Common Equity (TCE) is Total Equity Capital minus items that are either intangible or not controlled by common shareholders. To calculate the tangible common equity for banks: intangible assets, preferred equity, and minority interest are subtracted from the total amount of shareholders equity (Total Equity Capital). The resulting TCE value gives a conservative estimation of [...]

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Total Deposits

Total Deposits is a term included in the balance sheet of a bank. To a common person, the word deposit most often implies the act of placing your money in the safety of a bank. When calculating the Total Deposits from a bank’s perspective, various kinds of deposits are taken into consideration. These are added [...]

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Pre-Approved Mortgages vs. Pre-Qualified Mortgages

Before you start shopping around for a home, it's a good idea to receive a pre-approved mortgage from a lender. This lets you know how much money you can borrow when you decide to purchase a home. However, as you prepare to borrow to buy, you need to make sure you aren't confusing pre-qualification and [...]

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Perpetual Preferred Stock

Perpetual Preferred Stock is issued with no set maturity date for when the shareholder shall receive a return of their invested principal.  The dividends on Perpetual Preferred Stock are paid indefinitely, while the issuers are able to redeem the stock at any instant in time from the shareholder.

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Total Deposits for Credit Unions

Total Deposits for credit unions are the sum of Total Shares of the credit union and non-member deposits. Each member owns a part of the credit union against the deposits made by them. Hence the credit union member's deposits are defined as shares. The profits and savings against the total deposits are shared among the [...]

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FDIC Office Deposit Types

US Office Deposits US bank deposits that are collected in domestic branches and operations (US Based). These deposits are insured by the FDIC. US banks that only have domestic operations file their call reports under FFIEC 041. Foreign Office Deposits Deposits that are collected in foreign branches of US banks or their operations outside of [...]

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Student Loans: Federal vs. Private

Because the cost of a higher education continues to rise, chances are that you will need student loans to help you cover the cost of going to school. Even if you have saved up with a 529 plan, and have some sort of partial scholarship, you might still need student loans to help pay for [...]

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