Tag Archives: Deposits

The Cash Ratio Deposits (Value Bands and Ratios) Order 2018

On 24 May 2018, there was published on the legislation.gov.uk website The Cash Ratio Deposits (Value Bands and Ratios) Order 2018. The Order amends the ratio used for calculating the percentage of eligible liabilities that eligible financial institutions are required … Continue reading

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That was the week that was – deposits, provision of prescribed information, and Fergus Wilson

There is a backlog of significant cases to be written up, I know. I have been a bit busy… But here are some snippets of interest that have come my way over the last week. Fees for Tenancy Deposit Protection. … Continue reading

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Residential Security Deposits in Florida: A Landlord’s Guide for Retention of Deposits & Payment of Interest

Security deposits are obviously one of the most important tools for landlords to protect their property when leasing it to a tenant.  However, when accepting a security deposit, residential landlords must comply with Florida law governing how security deposit must … Continue reading

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Royal Savings Bank Acquires Insured Deposits of Washington Federal Bank

Washington Federal Bank for Savings, Chicago, Illinois, was closed today by the Office of the Comptroller of the Currency, which then appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase … Continue reading

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Deposits safe at failing banks covered by FDIC, but not CD rates

Deposits safe at failing banks covered by FDIC, but not CD rates MILWAUKEE — True, no one has ever lost a penny on bank deposits insured by the Federal Deposit Insurance Corp. (FDIC). But Tom and Carol Spidell learned the … Continue reading

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