Furthermore, Bair said, any participating depository institution will be able to provide full deposit insurance coverage for non-interest-bearing
deposit transaction accounts, regardless of dollar amount.
Why then do so many choose the non-interest-bearing
Note: the accounts receivable in the TAM were non-interest-bearing
It is hoped that the IRS will consider allowing the establishment of a non-interest-bearing
account receivable tied to filing the return on which the taxpayer-initiated adjustment is reflected.
Under the Transaction Account Guarantee Program, accounts covered 100 percent include all non-interest-bearing
checking accounts, all Interest on Lawyers Accounts (IOLAs); and Negotiable Order of Withdrawal (NOW) checking accounts, provided that the interest rate on such NOW checking accounts does not exceed 0.
The maturity date of the new debentures will be June 1, 2003, the same maturity date as the existing non-interest-bearing
TNCI retained a 20 percent interest in Concerts, for $125,000, which is subject to reduction upon payment in full by Concerts of a non-interest-bearing
, non-recourse promissory note in the approximate principal amount of $572,000.
In connection with the acquisition, a $10,000,000 non-interest-bearing
seven-year Promissory Note was issued.
TORONTO -- Urbana Corporation ("Urbana") (TSX VENTURE:URB) is pleased to announce that it has received a non-interest-bearing
loan of $1,494,936 from Caldwell Financial Ltd.
Bank Organizes Non-Profit 'South Florida Alliance For Humanity' Initiates $1 Million Fund-Raising Campaign And Contributes $250,000 In Non-Interest-Bearing
Loans For Low-Cost, No-Profit New-Home Construction
Of the approximately $91 million in acquired deposits, 53% are in NOW, savings and money market accounts, 17% are non-interest-bearing
deposits and 30% are time certificates.
3 million, depending upon future earnings performance of the acquired business which amount will be satisfied by way of the issuance of non-interest-bearing
promissory notes re-payable in equal monthly installments over a two year period commencing in early 2004.