TITLE

More for your money

AUTHOR(S)
Moore, L.J.; Findlay, S.
PUB. DATE
January 1992
SOURCE
U.S. News & World Report;1/13/92, Vol. 112 Issue 1, p63
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
States that the distress to savers caused by slipping interest rates should be eased a little by the new banking law signed by President George Bush in December. Banks that pay interest on only 88 percent of a NOW account, as many do, will have to stop holding out. The new law doesn't go into effect for about 15 months; Depositors may want to be sure their bank is already playing by the new rules.
ACCESSION #
9201130889

 

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