Banks – Page 14 – itho's internet resources

Branch Banking: Definition, Advantages, vs. Unit Banking

By Itho November 7, 2008

[ad_1] What Is Branch Banking? Branch banking is the operation of storefront locations away from the institution's home office for the convenience of customers. Since the 1980s, branch banking…

Bank Capital: Meaning and Classifications

By Itho November 5, 2008

[ad_1] What Is Bank Capital? Bank capital is the difference between a bank's assets and its liabilities. It is the bank's net worth. The asset portion of a bank's capital…

Average Outstanding Balance on Credit Cards: Calculation, FAQs

By Itho November 1, 2008

[ad_1] What Is Average Outstanding Balance? An average outstanding balance is the unpaid, interest-bearing balance of a loan or loan portfolio averaged over a period of time, usually one month.…

Canceled Check Definition and How To Get a Copy

By Itho October 31, 2008

[ad_1] What Is a Canceled Check? A canceled check is a check that has been paid or cleared by the bank it was drawn on after it has been deposited…

Electronic Bill Payment & Presentment (EBPP): Definition, Types

By Itho October 28, 2008

[ad_1] What Is Electronic Bill Payment and Presentment? Electronic bill payment and presentment (EBPP) is a process that companies use to collect payments electronically through systems like the Internet, direct-dial…

Board of Trustees: What It Is, Who’s Included, and Responsibilities

By Itho October 28, 2008

[ad_1] What Is a Board of Trustees? A board of trustees is an appointed or elected group of individuals that has overall responsibility for the management of an organization.…