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January 29, 2026 

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FEDERAL SURPLUS: The difference between federal government spending and taxes when taxes are greater than spending.

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AUTOMATIC TRANSFER SERVICE ACCOUNTS

Deposit accounts offered by commercial banks, credit unions, savings and loan associations, and mutual savings banks that automatically transfer funds from interest-paying savings account to checking accounts when needed to process checks or to maintain minimum balances. Automatic transfer service (ATS) accounts effectively function as interest-paying checking accounts and are considered as one type of checkable deposits. Other checkable deposits are demand deposits (standard checking accounts), negotiable order of withdrawal (NOW) accounts, and share draft accounts.

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WHITE GULLIBON
[What's This?]

Today, you are likely to spend a great deal of time browsing through a long list of dot com websites looking to buy either a T-shirt commemorating next Thursday or a birthday gift for your uncle. Be on the lookout for door-to-door salesmen.
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This isn't me! What am I?

The average length of a "business lunch" is about 36 minutes.
"The difference between the impossible and the possible lies in a person's determination. "

-- Tommy Lasorda

IAB
Inter-American Bank
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