You would have a menu of sound investment choices-mutual funds, government bonds, bank certificates of deposit-but you could not speculate in Siberian diamond mines.
Some tax-policy specialists contend the provision artificially favors income in insurance policies over things like interest on bank certificates of deposit.
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Those averse to stock market risks, for instance, could have their money go into U.S. government bonds or government-insured bank certificates of deposit.
The boyfriend, Louis Jochim, said in an interview that Ms. Schuber knew he was pleased with his annuity and wanted one as an alternative to a bank certificate of deposit.
The Social Security and pension fund annual increases based on the CPI made sense four decades ago when inflation was 12 percent and you could earn 12 percent in a plain vanilla bank certificate of deposit.
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With the acquisition of ING Direct, Capital One has become the fifth largest consumer bank by deposit behind Bank of America, JPMorgan Chase, Citigroup and Wells Fargo.
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Two banks went bust in 1965, leading to calls for depositors to be made good by the government (which would then recover what it could from the liquidation of bank assets), for the introduction of deposit insurance and the creation of a government-backed industrial bank.
This wealth consisted of four properties, his bank accounts, certificates of deposit, and some vehicles.
But the tipping of that recession into depression was a result of the cascading series of bank failures in the absence of deposit insurance: that led to the calamitous shrinking of credit and the money supply.
Dodd continues to champion an idea of creating a super regulator for bank safety and soundness, combining the supervisory roles of the two existing national bank and thrift regulators with the bank regulation duties of the Federal Deposit Insurance Corp. and the Federal Reserve.
You could be required to give your bank the source of every deposit.
For instance, requiring encryption software and hardware makers to hold a decoding key in "key escrow" is the equivalent of asking a bank to hold an extra set of safe-deposit-box keys.
Participants also had to own investments other than a bank savings account or certificate of deposit.
The first is financial: the euro zone needs a region-wide system of bank supervision, recapitalisation, deposit insurance and regulation.
The idea of a quarter or more of a big bank's deposit base being wiped out is politically unthinkable.
The new administrator of the failing bank, Federal Deposit Insurance Corp.
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Bank of America began offering mobile check deposit in August.
Some of it, such as further strengthening bank supervision and scrapping unlimited deposit protection, is in the package of reforms that will make the debt public, and thus is hostage to it.
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We glorify people standing in line to shop, but how often have you ever seen a story where there are depositors lined up outside of their community bank trying to deposit their paychecks so that they can make sure that their kids have money for college.
Nonprofit, membership-based credit unions, which often offer lower fees and better rates on bank products, have their own version of deposit insurance as well.
F. may or may not use the bank deposit levy as a means of raising monies in future bailout schemes, but that is not the core issue.
The Bank of England and America's Federal Deposit Insurance Corporation have issued a joint paper which is in essence an action plan for making the biggest banks - such as the UK's Royal Bank of Scotland and Barclays, and Citigroup and JP Morgan in the US - safer.
When it comes to individual bank decisions on mortgage rates - and deposit rates for savers - the Bank is much less of a factor today than in more normal times, precisely because the official base rate has been so low, for so long.
Bank of America was in a position to buy Merrill Lynch in part because the Federal Deposit Insurance Corporation, which guarantees deposits, insulates a large share of the bank's funding from crises of confidence.
But in China, where most savings are in the form of bank deposits and where earnings on savings are a significant portion of total household earnings, lowering deposit rates tends to increase the savings rate.
Another possible response to a bank run would be the introduction of euro-wide deposit insurance.
Bank deposit rates are lower than the pace of inflation, meaning savers effectively pay banks for the privilege of handling their money.
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They are, in effect, paying for them with newly created bank reserves and perhaps a small amount of newly created deposit money.
Those whose current or deposit accounts are being transferred to Bank of Cyprus UK are being told to contact their new bank with any questions.
The problem was that the bank never considered the idea that documents like certificates of deposit could be generated on a LaserJet printer without their knowledge.
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