Average Collected Balance

The balance in a bank account over a period of time. One calculates the average collecting balance by adding the balance at the beginning of an accounting period to the balance at the end and dividing by two.

References in periodicals archive

Over the years, financial institutions implemented account analysis to provide earnings credits based upon the average collected balance for commercial checking accounts.

Goodbye Reg Q, hello interest

* Minimum to avoid fee: $5,000 average collected balance.

Many happy returns: you can obtain some useful indicators about return on investment (ROI) by focusing on the more easily measured channels such as direct mail. Your reckoning might not be perfect, but it will provide supplemental evidence to justify your marketing expenditures

Assuming a $100 per month fee and three percent interest rate, it would take an average collected balance of $40,000 to break-even.

Understanding banking in the '90s

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