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Is Capital Bank benefiting?

April 26, 2017Bank benefiting Capital

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Is Capital Bank benefiting?

1 Answer

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This change will lower the amount of funds that we have to keep on deposit at the Federal Reserve Bank, providing more funds for lending and investment purposes. Will you adjust my analysis credit rate or change my marginal reserve requirement on analyzed business account? No. Our already competitive analysis prices will be unchanged. This change is allowing these prices to remain competitive. The marginal reserve requirement will remain because our marginal reserve requirement is unchanged. Will you increase the rate on my Interest Checking Account? No. Not immediately. But the change will allow us to continue to pay competitive rates on all of our deposit products. Our Smart Checking product allows you to maximize your interest earnings in a checking account by offering an annual percentage yield of 4.01%*. Will my fees go up? No. This change will not affect your account or fees in any way.