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Non-Cattle Specific Topics
Coffee Shop
Personal Finance Question
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<blockquote data-quote="TexasBred" data-source="post: 582527" data-attributes="member: 6897"><p>Jogee..I knew banks and S&L's use to have to turn in a report to the treasury on "cash transactions" over a certain amount....(use to be $10,000..maybe less now) never applied to a CD's being cashed in. Had more to do with deposits and trying to keep up with where the money might have come from. </p><p></p><p>For the short run I'd probalby stick with the bank CD. A small rate of return and insured and available at anytime if you're willing to pay the small penalty or if you need money put the CD up as collateral for a short term loan rather than cashingin.</p></blockquote><p></p>
[QUOTE="TexasBred, post: 582527, member: 6897"] Jogee..I knew banks and S&L's use to have to turn in a report to the treasury on "cash transactions" over a certain amount....(use to be $10,000..maybe less now) never applied to a CD's being cashed in. Had more to do with deposits and trying to keep up with where the money might have come from. For the short run I'd probalby stick with the bank CD. A small rate of return and insured and available at anytime if you're willing to pay the small penalty or if you need money put the CD up as collateral for a short term loan rather than cashingin. [/QUOTE]
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