February 9, 2010
Emergency bank loans rise a bit
WASHINGTON — Banks borrowed slightly more from the Federal Reserve's emergency lending program over the past week.
The Fed said Friday that commercial banks averaged $19.9 billion in daily borrowing over the week that ended Wednesday. That's up $139 million on average from the previous week. However, it is still $73.7 billion lower than the borrowing pace set a year ago at the peak of the financial credit crisis.
Banks' use of the program has been declining for the last several months, reflecting more stability in the banking system. Banks pay just 0.50 percent interest for the emergency, overnight loans.
The identities of financial institutions who make use of the Fed's emergency loan program are not released.
Reader Reaction
We reserve the right to remove any content at any time from this Community, including without limitation if it violates the Community Rules. We ask that you report content that you in good faith believe violates the above rules by clicking the Flag link next to the offending comment. New comments are only accepted for two weeks from the date of publication.
Ads by Google
News
Calendar
Homes
Autos
Jobs
Classifieds
DEAL OF THE WEEK
- 20% DISCOUNT ON FREEWAY TIES Hilton Fuel & Supply
- 20% - 60% OFF ALL MERCHANDISE! Lawrence's Jewelers
- ASHLAND VALENTINES LAST MINUTE GET AWAY SPECIAL SAVE 60% We still have some rooms left, you save! Lithia Springs Resort
- February Discount Offer FromSNYP! SNYP (Spay/Neuter Your Pet)
- 20% to 60% OFF ALL MERCHANDISE! Lawrence's Jewelers
- 25% OFF 2 COAT INTERIOR PAINT JOB Horizon Painting of Southern Oregon
- 30% OFF ALL LONNIE LOVNESS JEWELRY Morrissey's Clothes Cottage
- A SWEETHEART SALE! 20% Off All Clothing . Morrissey's Clothes Cottage
- $10 OFF purchase of jeans over $50 My Daughter's Closet
- ASHLAND VALENTINES LAST MINUTE GET AWAY SPECIAL SAVE 60% We still have some rooms left, you save! Lithia Springs Resort
- Life Saving Offer From SNYP! SNYP (Spay/Neuter Your Pet)
- February Discount Offer From SNYP! SNYP (Spay/Neuter Your Pet)
- $10 OFF ALL HAND KNITTED SCARVES FROM SPARROW STUDIO Morrissey's Clothes Cottage
- 20% OFF of purchase of $25 or more My Daughter's Closet
- ARROS CON POLLO $7.95 La Burrita Restaurant
- 10% Off Your Next New Sign or Banner Order Signs Now
- 20% DISCOUNT ON FREEWAY TIES Hilton Fuel & Supply
- February is Prevent A Litter Month! SNYP (Spay/Neuter Your Pet)
- 25% OFF -- MILITARY PERSONNEL & SENIORS Horizon Painting of Southern Oregon
- FREE DROP-OFF WOOD WASTE RECYCLING Hilton Fuel & Supply
LOCAL REVIEW
-
First class Asian...posted on 9/29/2009
-
always helpful and even have a place to view and listen to music...posted on 11/9/2009
-
I had an excellent experience with Ryan Mallory and iOR Consulting. They really helped my business and made...posted on 1/28/2010
-
Liquid Assets offers an ever changing menu of wines by the glass, including weekly flights. Their wines are...posted on 8/17/2009
-
A nice website from the Mail Tribune. Has most of the businesses in the area listed. Fun reading the...posted on 8/21/2009
-
Family atmosphere - not a big commercial operation trying to sell everything to a customer - nice people and...posted on 12/14/2009
-
We take the kids there for there bday and special occasions they enjoy it. We all do....posted on 8/20/2009
-
Excellent Italian Fare,pasta is available, but is not the focus. Extensive menu,excellent steaks......posted on 11/3/2009
-
Always fresh - the beans are made from beans, not reconstituted. The habanero sauce is killer! The people are...posted on 8/20/2009
-
The views from this tasting room are fantastic! Excellent wine and the owner is friendly and knowledgable....posted on 10/19/2009
