The rate used by banks to determine the allowable credit they will provide for the use of a customer's balances on deposit with them.
Related information about earnings credit rate:
- Earnings Credit Rate (ECR) Definition | Investopedia
A daily calculation of interest paid on idle funds that reduce bank service charges . A calculated amount is then used to pay for banking fees. Therefore ...
- Earnings Credit Rate - Financial Dictionary - The Free Dictionary
Also called an ECR. The interest rate a bank pays on customer deposits. Rather than being applied to the deposit directly, ECRs are used to reduce the fees the ...
- Earnings Credit Rate (NY DDA) - Citibank
An Earnings Credit Rate (ECR) is the rate used by banks to value balances clients maintain in non-interest bearing U.S. Demand Deposit Accounts (DDA).
- EARNINGS CREDIT RATE ACCOUNT - The CFO Report - WSJ
Sep 17, 2012 ... A popular parking place for corporate cash is on the verge of becoming a lot less safe, as time runs out on an unlimited federal guarantee of ...
- CALCULATE YOUR EARNINGS CREDIT - Venture Bank
Earnings Credit Rate at 1.00% (1) ... Earnings Credit Rate: The earnings credit rate is set by Bank Management and is calculated monthly. Worksheet. Example ...
- Earnings Credit Rate - Reich & Tang
Earnings Credit Rate (ECR) on the Decline? RNT Natixis Liquid Prime Portfolio ( LQTXX) .19%. 7-Day Yield. Earnings Credit Rates (ECRs), the rates banks ...
- Novantas - Articles: The Earnings Credit Rate: Gain the Advantage
Leading banks are bringing new analytical insights to ECR, both to capture margin and to protect — or even grow — commercial DDA balances.
- What Is an Earnings Credit Rate?
Sometimes referred to as an earnings allowance rate, an earnings credit rate is a type of interest rate that is used to determine the amount of bank service ...