FINWIRE®

The Federal Banking Co-op Launches TheCertificateofDepositStore.com

February 26th, 2008

In response to the Federal Reserves decision to reduce interest rates again in less then 30 days, the Federal Banking Co-op has taken this as a sign that the Federal Government, the Bush Administration and the Treasury department are looking for a quick fix to the economic crisis that the banks are facing in the U.S. without any comprehensive long term plan.

This current financial crisis, that has been brought on by the collapse of the dollar, and the crunch in the housing market has turned the US economy into a state of near panic. Without a long term national plan, the economy will continue this downtrend.

Although this crisis is and will continue to have a long term effect the global economy, it will not have the same results.

Several countries continue to prosper, others that are feeling the pinch are taking different actions to stop the down turns and some governments are even helping to sure up U.S. Banking and Investment Companies, in exchange for strong positions for long term profits.

The Federal Banking Co-op, is constantly watching and monitoring the global banking community and having realized that the vast difference in economic situations and responses has created some very unique situations in certain countries for low risk bank deposits at higher interest rates.

The Federal Banking Co-op has launched www.TheCertificateofDepositStore.com to assist self motivated individuals who want to capture this benefit.

The Federal Banking Co-op has developed specific channels for their members, to deposit funds into government backed and licensed banks within the EU or Commonwealth in Fix Term Guaranteed Deposits, held in US dollars, paying much higher interest rates then are currently available within the U.S.FBC has developed channels which help the individual depositor negotiate the complex waters of International Banking and Foreign Taxation at minimum costs to maximize the return on their deposits.

Entry Filed under: FINWIRE®