Bank Deal Summary for October 28, 2006

With the Fed continuing to pause this week, many online banks remain in a holding pattern on rates. E-LOAN continues to be the leader of the online savings accounts with a rate of 5.50% APY. Corus Bank's T-Bill indexed money market account had a rate increase from 5.05% to 5.11% APY. This rate had been as low as 4.88% APY in late September. So there has been some upward pressure on rates. However, long term rates haven't seen quite as much upward pressure, and the yield curve remains inverted for many banks with the highest yields being in the 3-month CDs. A good example of this is at VirtualBank which just increased its 3-month CD rate from 5.15% to 5.56% APY (see post). Imperial Capital Bank also increased its 3-month CD rate this week from 5.40% to 5.50% APY. Both of these banks now have very inverted yield curves with 5-year rates at around 5%.

There were a few rate drops this week. The rate of World Savings' 4-month internet CD special decreased from 5.61% to 5.56% APY. The last unadvertised branch-only CD special officially ended on October 21st. Hopefully, World will come out with a new secret CD special soon (assuming Wachovia hasn't ended these). For past specials there has been 1 to 3 weeks of time between the end of one special to the start of a new one. It can be difficult learning about these specials since World seems to keep very quiet about them. So if you receive a mailer with a new promo, a comment or an email describing the special is much appreciated.

Finding 6-percent-plus CDs continues to be difficult. If a CD is much below 6%, it's hard for it to compete with E-LOAN's 5.50% savings account or 5.75% CDs (see post). For those looking for 6-percent long term CDs, Navy FCU came out with a 6% APY 7-year CD. If you have any connection to the Navy, you may be eligible. It's the nation's largest credit union with branches all over the US (see post).

There are still a few 6% choices available nationwide. Everbank still has its 6.01% 3-month promo (see post). Digital Credit Union is still offering its 6% APY 16-month CD (see post). Kaiser Federal Bank is still offering a 6% APY 1-year CD with a $50K minimum. It had been offering a 6% savings account for balances of over $75K, but this has just ended for new accounts. (see post).

The best deal on the local side continues to be at MemberSource Credit Union in Houston, Texas. They're having a special 7% APY 7-month CD. There is a fairly low cap of $7K, but you can extend the cap with referrals (see post).

Thanks to all who have helped by leaving comments or sending emails on rate updates. Sorry I can't post on all of your suggestions.

The rates listed below are based on Annual Percentage Yield (APY). No minimum balances are required unless noted. MMA next to the rates indicate a money market account. Most MMAs have check writing and ATM cards. Online savings accounts usually lack both of these. The top lists include banks and credit unions with broad availability and with minimums of $10K or less. Previous weekly summaries are available for Oct 21th, Oct 14th, Oct 7th, Sept 30th, Sept 23rd and Sept 16th.

As of October 28, 2006

Savings Accounts/Money Market Accounts:

• E-LOAN - 5.50% ($5K min), my post
• BankUnited - 5.35% (min $5K), my post
• AmTrustDirect - 5.30% ($1K min), my post
• UFB Direct - 5.28%, my post
• AmboyDirect - 5.25%, my post ($25 bonus)
• Apple Bank - 5.25%, my post
• OneUnited - 5.25% (min $10), my post
• Security Savings Bank - 5.25% (min $100), very small bank with no online banking, see post
• GMAC Bank - 5.25% MMA (min $500), my post
• Presidential - 5.25% (min $5K, only first $35K receives this rate), offers 4.50% checking, my post
• FirstFedDirect - 5.25% (min $1K) (closed to CA residents), my post
• Countrywide - 5.25% (min $10K), (5.30% $50K+) my post
• Zions Bank - 5.24% (min $1K) (5.28% $50K+), offers 3.05% free checking, my post
• CapitalOne/Costco - 5.14% MMA (min $5K, Costco members only, $25 deal for exec. members)
• Corus Bank - 5.11% MMA (min $10K to open)
• UmbrellaBank.com - 5.10% MMA (min $1K) (5.15% $5K+), offers checking, my post
• MyBankingDirect - 5.10% MMA (min $5K), my post
• Mutual Bank - 5.10% MMA (min $5K), my post
• EmigrantDirect - 5.05%, my post, (rate history)
• HSBC Direct - 5.05%, offers checking (see $25 bonus post), my post
• Heritage Bank Online - 5.05% (min $1K), my post
• Tennessee Commerce Bank - 5.03% (min $10K), my post
• Citibank - 5.00%, requires checking account, my post
• Washington Mutual - 5.00% (requires checking), my post
• CapitalOne - 4.80% (MMA has same rate, but with checks and ATM. $100 min.), my post
• Self-Help Credit Union - 4.68% MMA (min $500), my post
• VirtualBank - 4.60% (min $100), (4.86% $50K+/ 5.13% $100K+) offers checking, my post ($20 bonus)
• GE Money - 4.50% (min $4K), (5.05% for $15K+), my post ($25 bonus)
• MetLife Bank - 4.50% MMA (min $5K), my post ($50 bonus)
• EverBank - 4.41% ($1.5K min), 6.01% 3-mo promo, my post
• ING Direct - 4.40%, my post ($25 bonus), (rate history)
• Imperial Capital - 4.20% MMA ($2.5K min), offers free checking, my post
• ebank - 4.00% MMA ($1K min, rate for $10K-25K balance), offers checking
• NetBank - 3.52% MMA ($500 min), requires checking, my post ($250 deal)
• ETrade Bank - 3.25% (min $1K to avoid fees/$5K for APY), my post ($50 bonus)

3-Month Certificates of Deposit:

• EverBank - 6.01% ($1.5K min), checking account promo, see post
• VirtualBank - 5.56% (min $10K), my post
• World Savings - 5.56% (4 months) (min $10K), my post
• Imperial Capital - 5.50%, ($2K min), my post
• IndyMac Bank - 5.40% (min $5K), my post
• Countrywide - 5.30% (min $10K), my post
• FirstFedDirect - 5.26% (min $10K), my post
• Western Financial Bank - 5.25% ($100 min)
• GMAC Bank - 5.25% (min $500), my post
• UFB Direct - 5.25% (min $8K)
• Charles Schwab - 5.19% (min $1K), my post
• Corus Bank - 5.11% (min $10K)
• UmbrellaBank.com - 5.10% (min $1K)
• EverBank - 5.10% ($1.5K min)
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• ETrade Bank - 5.00% (min $1K), my post
• Self-Help Credit Union - 4.74% (min $500), my post

6-Month Certificates of Deposit:

• AmTrustDirect - 5.61% (min $1K) my post
• Superior Savings - 5.60% (min $500)
• E-LOAN - 5.60% ($10K min), my post
• Corus Bank - 5.60% (min $10K)
• World Savings - 5.56% (5 months) (min $10K), branch-only, my post
• Imperial Capital - 5.55%, ($2K min), my post
• FirstFedDirect - 5.51% (min $10K), my post
• IndyMac Bank - 5.50% (5 mo special offer) (min $5K), my post
• Western Financial Bank - 5.50% ($100 min)
• Countrywide - 5.35% (min $10K), my post
• GMAC Bank - 5.35% (min $500), my post
• ETrade Bank - 5.30% (min $1K), my post
• UFB Direct - 5.30% (min $8K)
• World Savings - 5.26% (5 months) (min $10K), new funds only, my post
• Citibank - 5.25% (min $500), my post
• EverBank - 5.25% ($1.5K min)
• EmigrantDirect - 5.20% (min $1K)
• UmbrellaBank.com - 5.20% (min $1K)
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• NetBank - 5.05% (min $1K)
• ING Direct - 5.00%, my post
• MetLife Bank - 5.00% ($1K min)
• Wells Fargo - 5.00% (5 months) (min $5K), rate and min vary by state, my post
• VirtualBank - 4.86% (min $10K), my post
• Self-Help Credit Union - 4.78% (min $500), my post

9-Month Certificates of Deposit:

• Patelco Credit Union - 5.75% ($1K min) (8 months), not NCUA insured, my post
• Western Financial Bank - 5.60% ($100 min)
• AmTrustDirect - 5.60% (min $1K) my post
• FirstFedDirect - 5.55% (min $10K), my post
• Imperial Capital - 5.40% ($2K min), my post
• Countrywide - 5.40% (min $10K), my post
• VirtualBank - 5.39% (min $10K), my post
• UmbrellaBank.com - 5.35% (min $1K)
• GMAC Bank - 5.35% (min $500), my post
• EverBank - 5.25% ($1.5K min)
• IndyMac Bank - 5.25% (min $5K), my post
• EmigrantDirect - 5.20% (min $1K)
• ING Direct - 5.05%, my post

12-Month Certificates of Deposit:

• AmTrustDirect - 5.71% (min $1K) my post
• E-LOAN - 5.70% ($10K min), my post
• Corus Bank - 5.66% (min $10K)
• Western Financial Bank - 5.65% ($100 min)
• GTE FCU - 5.64% (min $500) (add-on feature) my post
• FirstFedDirect - 5.64%, (min $10K) my post
• Melrose CU - 5.61% (min $5K) my post
• La Jolla Bank - 5.60% (min $10K), my post
• Digital CU - 5.50% (11 month) (min $1K), my post
• GMAC Bank - 5.40% (min $500), my post
• UmbrellaBank.com - 5.40% (min $1K)
• Imperial Capital - 5.40% ($2K min), my post
• Countrywide - 5.40% (min $10K)
• Mutual Bank - 5.35% (min $2.5K) my post
• ETrade Bank - 5.30% (min $1K), my post
• IndyMac Bank - 5.30% (min $5K), my post
• EverBank - 5.30% ($1.5K min)
• Transportation Alliance Bank - 5.28% ($1K min)
• NetBank - 5.25% (min $1K), my post ($100 bonus)
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• UFB Direct - 5.25% (min $8K)
• MetLife Bank - 5.25% ($1K min)
• EmigrantDirect - 5.20% (min $1K)
• ING Direct - 5.10%, my post
• Self-Help Credit Union - 5.03% (min $500), my post
• VirtualBank - 4.60% (min $10K), my post

16-Month Certificates of Deposit:

• Digital CU - 6.00% 16-mo (min $500), my post

18-Month Certificates of Deposit:

• E-LOAN - 5.75% ($10K min), my post
• AmTrustDirect - 5.55% (min $1K) my post
• Mutual Bank - 5.40% (min $5K) my post
• GMAC Bank - 5.30% (min $500)
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• CapitalOne/Costco - 5.21% (min $5K, Costco members only)
• ETrade Bank - 5.15% (min $1K), my post
• Imperial Capital - 5.10% ($2K min), my post
• Countrywide - 5.10% (min $10K)

36-Month Certificate of Deposit:

• E-LOAN - 5.75% ($10K min), my post
• Melrose CU - 5.72% (min $5K) my post
• Mutual Bank - 5.60% (min $5K) my post
• First State Bank - 5.50% ($1K min), my post
• Fort Belvoir FCU - 5.48% (min $1K), my post
• AmTrustDirect - 5.43% (min $1K) my post
• Pentagon Federal CU - 5.41% (min $1K), my post
• GMAC Bank - 5.30% (min $500)
• Transportation Alliance Bank - 5.28% ($1K min)
• Agriculture FCU - 5.25% (min $1K), my post
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• Self-Help Credit Union - 5.01% (min $500), my post
• ETrade Bank - 5.00% (min $1K), my post
• Imperial Capital - 5.00% ($2K min), my post
• Countrywide - 5.00% (min $10K)
• Washington Mutual - 4.75% (min $1K)

48-Month Certificate of Deposit:

• Melrose CU - 5.77% (min $5K) my post
• E-LOAN - 5.75% ($10K min), my post
• Fort Belvoir FCU - 5.59% (min $1K), my post
• First State Bank - 5.50% ($1K min), my post
• Pentagon Federal CU - 5.42% (min $1K), my post
• USA FCU - 5.33% (min $1K) my post
• GMAC Bank - 5.30% (min $500)
• Transportation Alliance Bank - 5.28% ($1K min)
• Agriculture FCU - 5.25% (min $1K), my post
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• Self-Help Credit Union - 5.01% (min $500), my post
• Countrywide - 5.00% (min $10K)
• Washington Mutual - 4.75% (min $1K)

60-Month Certificate of Deposit:

• Melrose CU - 5.82% (min $5K) my post
• Fort Belvoir FCU - 5.75% (min $1K), my post
• Members Credit Union - 5.75% (min $2K), my post
• E-LOAN - 5.75% ($10K min), my post
• Agriculture FCU - 5.65% (min $1K), my post
• First State Bank - 5.50% ($1K min), my post
• AmTrustDirect - 5.46% (min $1K) my post
• Pentagon Federal CU - 5.42% (min $1K), my post
• GMAC Bank - 5.35% (min $500)
• Transportation Alliance Bank - 5.28% ($1K min)
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• VirtualBank - 5.15% (min $10K), my post
• Self-Help Credit Union - 5.02% (min $500), my post
• Imperial Capital - 5.00% ($2K min), my post
• ETrade Bank - 5.00% (min $1K), my post
• Countrywide - 5.00% (min $10K)

84-Month Certificate of Deposit:

• Pentagon Federal CU - 5.42% (min $1K), my post
• CapitalOne/Costco - 5.26% (min $5K, Costco members only)
• EmigrantDirect - 5.20% (min $1K)
• Countrywide - 5.00% (min $10K)

High Rates with Conditions - Open to All

• 10% Savings Account for kids ($500 max)
• 6.01% 3-month intro rate on checking account
• 6.00% 12-Month CD with $50K min
• 6.00% 3-month intro rate on Money Market account
• 5.62% Money Market Account with $250K initial deposit
• 5.40% Money Market Account with $25K min
• 5.36% Money Market Account at Bank of America with $50K+
• 5.25% Money Market Account with $25K min

Checking and Saving Accounts at Local Banks/Credit Unions

• 6.00% Checking Account up to $25k (Arkansas)
• 5.50% Money Market Account for 3 months (New York)
• 5.50% Money Market Account for 3 months at Banco Popular (CA)
• 5.25% Checking Account (Florida)
• 5.25% Money Market Account (Utah)
• 5.25% no-min online savings account and $50 Bonus (New York)
• 5.25% low-minimum online savings account (California)
• 5.15% Savings Account (Massachusetts)
• 5.11% Money Market Account (Wisconsin)
• 5.00% Money Market Account (Washington State)
• 5.10% savings account (Pennsylvania)
• 5.01% Checking Account (Wisconsin/Illinois)
• 4.75% Checking Account (Texas)

CD Specials at Local Credit Unions/Banks Over the Last Two Months

Terms of 60 Months and Over

• 6.67% 60-Month CD at a Ohio CU - $100K+ (Dayton Firefighters FCU)
• 6.53% 60-Month CD at a Ohio CU (Ohio HealthCare)
• 6.50% 60-Month CD at a Michigan CU (Metro)
• 6.27% 60-Month CD at a New Jersey CU - IRA (Hamilton Horizons)
• 6.25% 73-Month CD at a Minnesota CU (Minnesota Valley)
• 6.25% 61-Month CD at a Michigan CU - Open To All (Telcom)
• 6.25% 60-Month CD at a Utah CU (Pacific Rails)
• 6.22% 60-Month CD at a California CU (Tucoemas)
• 6.20% 60-Month CD at a Massachusetts CU (Central One FCU)
• 6.17% 60-Month CD at a Washington State CU (Spokane City)
• 6.16% 60-Month CD at a South Carolina CU - IRA $50K+ (SAFE FCU)
• 6.14% 60-Month CD at a Ohio CU (Emery)
• 6.14% 60-Month CD at a Ohio CU (Cintel)
• 6.14% 120-Month CD at a Puerto Rico CU (VAPR)
• 6.01% 60-Month CD at a Texas CU (Texhillco)
• 6.00% 60-Month CD at a Pennsylvania CU (Patriot)
• 6.00% 60-Month CD at a New Jersey CU (Paragon)
• 6.00% 84-Month CD at a Multi-State CU (Navy Federal)
• 5.85% 60-Month CD at a New York Bank (First Central Savings)
• 5.75% 60-Month CD at a North Carolina CU (open to all)

Terms of 24 Months to Under 60 Months

• 6.66% 36-Month CD at a Virginia CU (Loudoun)
• 6.48% 24-Month CD at a California CU - IRA Variable (CAHP)
• 6.43% 36-Month CD at a Alabama CU (Energon)
• 6.25% 24-Month CD at a North Carolina CU (United Services)
• 6.25% 36-Month CD at a South Dakota CU (Watertown)
• 6.25% 33-Month CD at a Michigan CU (Metro)
• 6.11% 24-Month CD at a California CU
• 6.11% 30-Month CD at a California CU (Tucoemas)
• 6.01% 30-Month CD at a Florida CU (SCORE FCU)
• 6.00% 36-Month CD at a Illinois CU (USA One National)
• 6.00% 36-Month CD at a Florida and Iowa Bank - Prime Based
• 6.00% 24-Month CD at a Florida CU (FSU)
• 6.00% 36-Month CD at a Massachusetts CU (Central One FCU)
• 6.00% 40-Month CD at a Ohio CU (Glass City FCU)
• 5.98% 30-Month CD at a Virginia Bank (Farmers)
• 5.82% 36-Month CD at a Ohio CU (Cintel)
• 5.80% 24-Month CD at a Texas CU (Resource One)

Terms of 12 Months to Under 24 Months

• 10.00% 12-Month CD at a Philadelphia Bank Continues ($1K Max)
• 10.00% 12-Month CD at a Maryland CU - $1K Max (First Financial)
• 10.00% 12-Month CD at a New York CU - $2K Max (Palisades)
• 10.00% 12-Month CD at a South Carolina CU - $1K Max (Carolina Trust)
• 6.17% 19-Month CD at a Indiana CU (Steel Parts)
• 6.16% 14-Month CD at a Alabama CU (Energon)
• 6.14% 18-Month CD at a Wichita, Kansas CU (Campus Credit Union)
• 6.10% 18-Month CD at a Colorado CU (College CU)
• 6.05% 19-Month CD at a Minnesota CU - $100K Min (Star Choice)
• 6.01% 12-Month CD at a Chicago Bank and 5.01% Checking (Standard Bank and Trust)
• 6.00% 14-Month CD at a Chicago Bank (Lincoln Park)
• 6.00% 12-Month CD at a Michigan CU (Peoples Trust)
• 6.00% 14-Month CD at a Arizona CU (Desert Schools)
• 6.00% 18-Month CD at a California CU (Valley First)
• 6.00% 13-Month CD at a Oregon CU (Unitus)
• 6.00% 12-Month CD at a Minnesota CU (TFCU)
• 6.00% 18-Month CD at a North Carolina CU (Riegelwood)
• 6.00% 13-Month CD at a Maryland CU - $25K Max (Mid-Atlantic)
• 6.00% 20-Month CD at a Georgia CU - No Penalty (CGRCU)
• 6.00% 12-Month CD at a Colorado CU (College CU)
• 6.00% 12-Month CD at a Arizona CU (Canyon State)
• 6.00% 12-Month CD at a Missouri Bank (WestBridge)
• 6.00% 15-Month CD at a South Carolina CU (MCAS Beaufort)
• 6.00% 12-Month CD at a Dallas Bank - $125k min (ViewPoint)
• 6.00% 12-Month CD at a California/Nevada CU (1st United Services)
• 6.00% 13-Month CD at a Colorado CU (Ent)
• 6.00% 15-Month CD at a Illinois CU (Northwest Community)
• 6.00% 13-Month CD at a Pennsylvania CU (Clearview)
• 5.97% 21-Month CD at a Massachusetts CU (NMTW)
• 5.92% 12-Month CD at a California CU (Kerns Schools)
• 5.92% 13-Month CD at a Tampa Florida CU
• 5.90% 12-Month CD at a Texas CU - $95K Min (Tarrant County)
• 5.88% 12-Month CD at a South Florida Bank (Sun American)
• 5.75% 13-Month CD at a Ohio CU, plus $75 Checking Bonus (Telhio)
• 5.75% 14-Month CD at a Michigan CU (Priority Community)

Terms of Under 12 Months

• 10.00% 10-Month CD at a Washington State CU - $1K Max* (Verity)
• 10.00% 7-Month CD at a North Carolina Bank - $2K Max (Oak Ridge)
• 10.00% 10-Month CD at a Philadelphia CU - $1K Max (American Heritage)
• 9.00% 9-Month CD at a Colorado CU - $2K Max (Elevations)
• 8.30% 8-Month CD at a Arizona CU - $8K Max (Arizona Holsum)
• 7.25% 7-Month CD at a New York / Pennsylvania CU (Visions)
• 7.00% 7-Month CD at a California CU - $2.5K Max (USE)
• 7.00% 7-Month CD at a Louisiana CU - $7K Max
• 7.00% 7-Month CD at a Houston CU - $7K Max (MemberSource)
• 6.35% 6-Month CD at a Virginia CU (Beach Municpal)
• 6.25% 9-Month CD at a California CU ($5K max)
• 6.24% 6-Month CD at a Ohio CU (Fremont)
• 6.17% 6-Month CD at a Virginia CU (Martinsville DuPont)
• 6.15% 6-Month CD at a San Antonio, Texas CU
• 6.11% 8-Month CD at a Florida CU (Kennedy Space Center)
• 6.00% 6-Month CD at a Texas Credit Union (Lone Star)
• 6.00% 10-Month CD at a Kansas CU (Central Star)
• 6.00% 9-Month CD at a California CU (Valley First)
• 6.00% 6-Month CD at a Florida Bank (United Heritage)
• 6.00% 10-Month CD at a Colorado CU (BCS)
• 6.00% 6-Month CD at a Florida Bank (United Heritage)
• 6.00% 3-Month CD at a Virginia CU (Apple FCU)
• 6.00% 6-Month CD at a California CU (SESLOC)
• 6.00% 3-Month CD at a Connecticut CU (American Eagle)
• 6.00% 6-Month CD at a Connecticut CU (American Eagle)
• 6.00% 7-Month CD at a California CU (Cal State 9)
• 6.00% 7-Month CD at a Oregon/Washington CU (First Tech)
• 6.00% 6-Month CD at a Missouri Bank (WestBridge)
• 6.00% 6-Month CD at a Hawaii CU (West Oahu Community)
• 6.00% 11-Month CD at a Massachusetts CU (MIT FCU)
• 6.00% 7-Month CD at a New Jersey/North Carolina CU (Proponent)
• 6.00% 6-Month CD at a Wisconsin CU (Fond du Lac)
• 6.00% 9-Month CD at a Baltimore Maryland CU (John Hopkins)
• 6.00% 4-Month CD at a Washington DC CU (HEW)
• 6.00% 10-Month CD at a Washington DC CU (HEW)
• 6.00% 7-Month CD at a New York/Pennsylvania CU (First Heritage)
• 5.90% 11-Month CD at a California CU (American River HealthPro)
• 5.90% 5-Month CD at a Alabama CU (Legacy FCU)
• 5.90% 6-Month CD at a New York CU (Cornerstone)
• 5.90% 9-Month CD at a Georgia CU (Georgia Power)
• 5.85% 7-Month CD at a Illinois Bank (First Suburban)
• 5.85% 6-Month CD at a Tennessee CU (Eastman)
• 5.85% 6-Month CD at a California/Nevada CU (1st United Services)
• 5.85% 9-Month CD at a North Dakota CU - (First Community)
• 5.80% 10-Month CD at a California CU (Tech CU)
• 5.80% 6-Month CD at a Phoenix Bank (Copper Star)
• 5.80% 9-Month CD at a Georgia Bank (Seasons)
• 5.80% 8-Month CD at a California CU (San Francisco FCU)
• 5.80% 11-Month CD at a Colorado CU (Bellco)
• 5.78% 8-Month CD at a California CU (CommonWealth Central)
• 5.77% 7-Month CD at a North Dakota/Arizona Bank (First International Bank and Trust)
• 5.75% 8-Month CD at a California CU (OCTFCU)
• 5.75% 9-Month CD at a Missouri Bank (St. Louis)
• 5.75% 3-Month CD at a Missouri Bank (St. Louis)
• 5.75% 8-Month CD at a Florida Bank (FBC)
• 5.75% 7-Month CD at a Oregon CU (Rivermark)
• 5.75% 7-Month CD at a Alabama CU (First Educators)
• 5.75% 11-Month CD at a New York CU (Capital Communications)
• 5.71% 8-Month CD at a Florida Bank (First Commercial)
• 5.70% 7-Month CD at a California CU (Water and Power)
• 5.60% 6-Month CD at a Texas CU (Resource One)

Savings Account/CD Alternatives

• Money Magazine article on risk-free investments
• Fidelity Money Market Fund - 5.01% 7-day yield ($100 bonus and other info)
• Paypal Money Market Fund - 5.03% 7-day yield (1% cashback debit MasterCard)
• FW Thread on Treasury Bills
• I Bond Rate Starting May 2006, I Bond Article, I Bonds as CD Alternatives
• SmartMoney Brokerage Survey