Earnings Credit Rate

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Earnings Credit Rate

Also called an ECR. The interest rate a bank pays on customer deposits. Rather than being applied to the deposit directly, ECRs are used to reduce the fees the customers pay for other banking services. For example, if a bank is paying a 0.05% ECR on a $10,000 deposit, the depositor earns a $5 reduction in his/her other fees. An ECR is usually connected to a Treasury bill rate.
References in periodicals archive ?
ECR will earn an initial 50% of the rights over that portion of the Kapunda deposit minerals which can be extracted via in-situ recovery through the expenditure of AUD 2m on field test work, metallurgical studies, and other environmental and feasibility processes.
In January 2017, ECR appointed lawyers to begin the process of enforcing its rights to Danglay 'either in court or through arbitration.
ECR generally said that hard liquor ("spiritus drinks") and beer ("malt drinks") are harmful.
Country: Hong Kong, ThailandSector: Metals/MiningTarget: Gold Crest Holdings Ltd , ACS Asia (1996) Company Ltd Buyer: Steve IlievVendor: ECR Minerals plc Deal size in USD: 604,000Type: DivestmentStatus: Agreed
Instead of restricting the pension to ECR categories, the authorities should consider including other sections in the ECNR (Emigration Check Not Required) as well for the successful implementation of the scheme," he said.
ECR limited Taft to only one field goal made in the fourth quarter turning up its defensive pressure and then made free throws on the other end.
To sustain international businesses, MCI's Global ECR is a multilingual solution supporting British English, French, German and Dutch menu prompts and message announcements.
The subject of retail resets has entered into recent discussions of ECR and category management.
Many executives credit ECR with changing the whole tenure of the grocery industry, by helping put an end to the days of acrimonious debate and suspicion among trading partners.
This is the conclusion of a new report on ECR from FT Retail and Consumer Publishing, written in co-operation with management consultants Coopers & Lybrand.
In response to reports of poor performance of ECR, most notably the bridges in the Florida Keys, the Federal Highway Administration (FHWA) recommended that states evaluate the performance of ECR inexisting bridge decks.
We are wringing costs out of the food distribution system and improving efficiencies with ECR.