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"We will continue to build a larger deposit base to broaden our funding sources".
He has considered giving us a lump sum towards a larger deposit.
Having a larger deposit could mean they qualify for a lower interest rate on their mortgage.
The tightening in mortgage lending conditions, typically requiring a larger deposit, has forced many would-be first-time buyers to continue to rent.
Besides the benefits of a larger deposit base, Chase expects to benefit by offering Seamen's customers various other services like credit cards and personal loans.
For borrowers with a larger deposit, there was good news in the form of a five-year fix at 3.99 per cent from Yorkshire Building Society (pictured).
Similar(35)
As a full-fledged bank, American Express would gain greater access to the Treasury Department's bailout plan for banks, a move that might allow it to lend more freely and perhaps acquire a larger deposit-taking institution.
Souped-up versions require larger deposits.
Higher yields may be offered for larger deposits.
In the new world of credit, larger deposits are going to be needed in many markets.
Bauxite is found in most countries, but the larger deposits occur in the tropics.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com