Core deposits

• These are the small deposits (under $100,000) that are explicitly covered by deposit insurance. Because of the availability of deposits insurance, the depositors would not be too concerned about the profitability of the bank. It is expected that core deposits remain with the bank in good times and bad times.

 Embedded terms in definition
 Related Terms
 Core competency
Demand deposits
Eurodollar deposits

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

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