MORRIS PLAN BANK
A non-traditional bank that lends money to individual who cannot obtain loans spurned by mainstream banks. Established in 1910, Fidelity Savings & Trust Co. was the first Morris Plan bank with $20,000 in capital. There were 109 Morris Plan banks in 1931. However, the number sank after the economy recouped from the Great Depression and commercial banks started offering small loans. Today, there are more than 100 Morris plan banks all over the United States with an average loss on loans at less than 0.1%.
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Currency of four French overseas collectives including French Polynesia, Futuna, New Caledonia, and Wallis. The Institut d'émission d ...
IRS Publication 575
A document that outlines the tax treatment of distributions from pensions and annuities, as well as the process of reporting income from these dist ...
Homeowners Association Fee - HOA Fee
A fee that has to be paid by owners of a residential property to an organization that helps with maintaining and improving that property.
Deep-Discount Bond
A bond that sells at a significant discount from par value. A bond that is selling at a discount from par value and has a coupon rate significantly ...
Non-Spouse Beneficiary Rollover
A retirement plan asset rollover performed in the event of the death of the account holder, where the recipient is not the spouse of the deceased. ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
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| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
