Bank Deposit Products

What is the current federal funds rate?

wondering what the current federal funds rate is and also the definition

The federal funds rate is the primary tool that the Federal Open Market Committee uses to influence interest rates and the economy. Changes in the federal funds rate have far-reaching effects by influencing the borrowing cost of banks in the overnight lending market, and subsequently the returns offered on bank deposit products such as certificates of deposit, savings accounts and money market accounts. Changes in the federal funds rate and the discount rate also dictate changes in The Wall Street Journal prime rate, which is of interest to borrowers. The prime rate is the underlying index for most credit cards, home equity loans and lines of credit, auto loans, and personal loans. Many small business loans are also indexed to the Prime rate. The 11th District Cost of Funds is often used as an index for adjustable-rate mortgages.

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Fed Funds Rate 0.25 0.25 0.25

Auditing Bank Deposit Products


Two Nadex Bank Deposit Cash and Coin Pouches, 2 Money Bags with Framed Card Window, Black and Blue


Two Nadex Bank Deposit Cash and Coin Pouches, 2 Money Bags with Framed Card Window, Black and Blue


$9.49


The Nadex Coin Pouch is perfect to carry coins and bank deposits. Water resistant, made of finished vinyl seams and a durable stitched nylon zipper. Useful for all utilities including carrying money, banking and financial documents, school supplies, maps, receipts, security purse at work and jewelry….

Vingtank Coin Bank for Kids, Creative Electronic Password Money Saving Box Cash Coin Can ATM Bank Safe Box Automatic Deposit Banknote with Smart Voice Prompt (Pink)


Vingtank Coin Bank for Kids, Creative Electronic Password Money Saving Box Cash Coin Can ATM Bank Safe Box Automatic Deposit Banknote with Smart Voice Prompt (Pink)


$26.99


How to Use Enter the four-digit passwords (default 0000), the green lights on, then rotate the knob clockwise to open the door. If you enter the wrong passwords, the red light will be illuminated. How to Change Password Enter the default password 0000, open the box and hold * key input for the password you want to change by # end (in 15s). If you forget your password, you can take off the battery,…

Children's Mini ATM Machine Safe Deposit Box Savings Bank - Automatic U.S. Coin Counter with Bill Slot - Savings Goal Tracker, Calculator, Passcode Protected Banking Device for Kids


Children’s Mini ATM Machine Safe Deposit Box Savings Bank – Automatic U.S. Coin Counter with Bill Slot – Savings Goal Tracker, Calculator, Passcode Protected Banking Device for Kids


$19.99


Digital Coin Bank…







Greartisan Fireproof Money Flatbag Document Bag Silicone Coated File Pouch Fire and Water Resistant Cash & Envelope Holder Zipper & Velcro Closure For Maximum Protection 15x11


Greartisan Fireproof Money Flatbag Document Bag Silicone Coated File Pouch Fire and Water Resistant Cash & Envelope Holder Zipper & Velcro Closure For Maximum Protection 15×11


$15.99


Specifications: Withstand temperature: 1000℉ (about 540℃) Material: Silicone Coated Fiberglass Losure: Zipper & Velcro Color: Black Package Size: 15×11 Inches (38*28cm) Net Weight: 9.9oz (280g) Application: Perfect to hold quite a bit of documents, including passports, birth certificates, Cash, legal contracts, photos, real estate deeds, currency, battery, tablet and other valuables, even la…

Fire Resistant Cash Box Document Bag 9 x 6 x 1.5 Heavy Duty Fiberglass - Retardant Thread - Fireproof Bag / Bank File / Important Document Holder - Retardant Envelope Heat Protection


Fire Resistant Cash Box Document Bag 9 x 6 x 1.5 Heavy Duty Fiberglass – Retardant Thread – Fireproof Bag / Bank File / Important Document Holder – Retardant Envelope Heat Protection


$17.53


A Fire-Resistant Document Pouch You Can Trust Here’s what sets this fireproof storage bag apart: ✓ Can easily withstand high temperatures. ✓ Perfectly sized to hold all kinds of documents. ✓ Prevents fire breakout when charging or storing lithium packs. ✓ Easy to use by simply folding over the flap Superior Protection Looking for the perfect solution for safely storing all those valuables …

Tube-It Bank Deposit Check Wallet Zipper Bag/Pen & Pencil Case, Leatherette, 48 Piece (BLK-48)


Tube-It Bank Deposit Check Wallet Zipper Bag/Pen & Pencil Case, Leatherette, 48 Piece (BLK-48)


$119.99


Looking for an extreme value for office, home or school? Tube-It’s leatherette zipper deposit bags are durable and flexible in their use. Providing quality construction they are perfect for transporting checks, documents, cash and more. Perfect for your small business, store, office or personal use. The soft-feel vinyl makes these reusable and perfect replacements for standard business envelopes….

Briefcase Style Locking Document Bag (Royal Blue)


Briefcase Style Locking Document Bag (Royal Blue)


$55.99


Briefcase Style Locking Document Bag designed for maximum strength and durability for the security industry, the heavy laminated nylon document bag is constructed of durable tear resistant material. The locking system is utilitarian with heavy construction and two keys. The key is not required to remain in the lock to secure the bag. Meets HIPAA Privacy Rules for storage and transportation of medi…

Master Lock Water Resistant Bag, Locking Storage Bag, Blue, 7120D


Master Lock Water Resistant Bag, Locking Storage Bag, Blue, 7120D


$19.99


Master Lock 7120D locking storage bag will safely carry cash, jewelry and confidential documents. It is made of water resistant nylon with a built in security lock….

Square A-SKU-0485 Contactless and Chip Reader


Square A-SKU-0485 Contactless and Chip Reader


$39.01


Accept every way your customers want to pay with the new Square Reader for contactless and chip—EMV chip cards, Apple Pay, Android Pay, other NFC payments, and magstripe cards. The reader connects wirelessly to iOS or Android devices with Bluetooth LE or with USB if you sell with the optional Square Stand. It works exclusively with the free Square Point of Sale app to take care of payments, tipp…