ECR

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ECR

(engineering)
References in periodicals archive ?
Earnings credit rate (ECR) products give corporates implied interest on deposits that they can use to offset cash management fees.
With short-term interest rates so low, the earnings credit rate has looked attractive to companies, he said, and treasurers are comfortable with their counterparty credit risk with their banks.
Informa Research Services' researchers are experts in all financial products and services including Earnings Credit Rate (ECR) and Analyzed Checking Fees.
Some of those better returns came from leveraging the banks' enhanced earnings credit rate (ECR), especially for dollar deposits, because Google had identified European banks with large dollar funding needs.
The increase in interest rates was also responsible for a $38,000 decrease in revenues from service charges on deposit accounts, due primarily to increases in the earnings credit rate used to offset these service charges.
Accordingly, business clients of the bank are now able to choose between an interest-bearing checking account or an account that offers a market-leading earnings credit rate (ECR), depending on which best serves their needs.
He says many banks are considering a hybrid product that, for example, offers an Earnings Credit Rate on balances until service fees are paid, then offers explicit interest on "excess" balances.
Graves also expects that many treasuries will want to continue to get the earnings credit rate to cover their banking fees, which means they will keep funds in accounts that do not pay interest.
Lee Epstein, CEO of Decision Analytics in San Francisco, suggests keeping money in uninsured accounts when the earnings credit rate (ECR) is worth more than the yields on most cash investments is not so risky.

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