Banking deposits made by customers in the bank's general market area. A bank considers its core deposits to be a reliable source of funding, since customers in its general market area tend to be loyal and consistent. For example, a business owner who deposits checks at a local bank is less likely to alter his or her depositing habits based on general economic changes, such as interest rate fluctuations. also called primary deposits.
Related information about core deposits:
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The deposits made in a bank's natural demographic market. Banks count on core deposits as a stable source of funds for their lending base. Core deposits offer ...
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Definition of core deposits: Banking deposits made by customers in the bank's general market area. A bank considers its core deposits to be a reliable source of ...
- Core Deposits: Definition from Answers.com
Core Deposits Deposits acquired in a bank's natural market area, counted as a stable source of funds for lending.
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