Veridian Bank: Difference between revisions
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If you miss a payment, a 5% late fee will be assessed on any unpaid portion of the monthly payment required. | If you miss a payment, a 5% late fee will be assessed on any unpaid portion of the monthly payment required. | ||
Three (3) late payments will put the loan into default. Loans that default will seek out assets and flag them for repossession until the outstanding balance is satisfied. | Three (3) late payments will put the loan into default. Loans that default will seek out assets and flag them for [[repossession]] until the outstanding balance is satisfied. | ||
=== Early Payment === | |||
There is a pre-payment penalty of 1% for any principal paid over the minimum due. | |||
== Promotions == | == Promotions == | ||
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== External Links == | == External Links == | ||
* [https://www.veridianbank.com | * [https://www.veridianbank.com Veridian Bank of Deois Website] | ||
[[Category:Economics]] | [[Category:Economics]] | ||
[[Category:Deois]] | |||
Latest revision as of 17:09, 8 October 2025
Veridian Bank is proud to serve the Yonmaran System.
We maintain no-service-fee ATMs in the Industrial District of Deois, and at the ports of TAC and CPOC.
We offer competitive loans and excellent savings plans through our downtown Deois main office.
Loans
Loans are available at your nearest Veridian Bank branch! Please visit our website for current loan rates!
Late Payment
If you miss a payment, a 5% late fee will be assessed on any unpaid portion of the monthly payment required.
Three (3) late payments will put the loan into default. Loans that default will seek out assets and flag them for repossession until the outstanding balance is satisfied.
Early Payment
There is a pre-payment penalty of 1% for any principal paid over the minimum due.
Promotions
Visit any of our branch locations and receive 50 CR for opening a savings account today!
Savings Accounts
Interest is earned based on a tiered system. The interest is compounded daily and represents an annual percentage yield (APY)...
| Tier Range (CR) | Rate |
| 0 - 4 | 0.00% |
| 5 - 499 | 1.00% |
| 500 - 9,999 | 2.91% |
| 10,000 - 24,999 | 3.06% |
| 25,000 - 49,999 | 3.20% |
| 50,000 - 99,999 | 3.35% |
| 100,000 > | 3.59% |
Required Reserve Ratio
The current reserve requirement is 10%.