Gross analyzed earnings credit rates (ECR), account balances, FDIC insurance charges, and indices
Informa Research Services' researchers are experts in all financial products and services including Earnings Credit Rate (ECR) and Analyzed Checking Fees.
Bank deposits are attractive because companies are uncertain about future changes in money market fund regulation, many banks allow corporate customers to defray service fees through Earnings Credits on cash holdings, and the Earnings Credit Rates
(ECR's) on those holdings are slightly higher than prevailing interest rates on similar short term investments.
Banks had been offering corporate customers attractive earnings credit rates
to encourage deposits, but those earnings credits have come down or disappeared altogether, leaving prime funds among the few remaining ways to capture additional return.
Service charges on deposit accounts were flat, with higher account analysis fees related to lower earnings credit rates
offset by lower overdraft fees on lower deposit balances.