Bank Deal Summary for December 16, 2006

As anticipated the Fed held steady on the rates this week. There remains the general consensus that the Fed will start cutting rates around the middle of next year, and bond investors continue to anticipate a slowdown in the economy (see post). The result of all this is that savings account rates are remaining pretty much unchanged while CD rates (especially long term CD rates) continue to fall.

There were just a few rate changes on savings accounts this week. GMAC Bank lowered the rate of its Money Market Savings Account from 5.25% to 5.20% APY. Corus Bank's money market account rate fell from 4.98% to 4.91% APY. Countrywide had a rate increase on its Savingslink account. The new rate is only for balances of $50K+. The rate is now 5.40% APY, up from 5.30% (see post).

While many of the online banks were quick to drop their CD rates, many credit unions have been slow to drop their rates. Unfortunately, the credit unions are starting to catch up. There were several CD rate drops on the credit unions in my main list (which have easy membership). GTE FCU dropped its 1-year CD rate from 5.64% to 4.96% APY. Fort Belvoir FCU dropped their long-term CD rates by about 15 basis points, and Members Credit Union dropped its 60-month CD from 5.59% to 5.34% APY.

Navy FCU is one of the few credit unions that has not dropped its high yield long-term CD rates. It still has a 6% APY 7-year CD and a 5.70% APY 5-year CD for a $20K+ deposit. Based on the rate trends, don't expect this to last much longer. Unfortunately, Navy FCU doesn't have easy membership. You have to have some connection to the Navy (see post).

For those who think 7 years is a little long, NASA FCU is still offering a 5.80% APY 7-month CD (see post). Patelco Credit Union is still offering its 5.75% APY 8-month CD. This also has the nice feature of allowing additional deposits during the term. A reader just mentioned that Patelco is waiving the membership fee ($20) for December. Note, Patelco is privately insured by ASI and is not federally insured by NCUA (see post).

For local deals, Chartway FCU still has its 777 promotion (7% APY 7-month CD with a cap of $7K). The cap can be increased to $21K with referrals (see post).

There's another good local deal at MCT Federal Credit Union which is offering very high yields on long-term CDs. The best is a 6.37% APY 60-month CD with a deposit of $50K or more. A reader just noted a way that this can be increased by 0.50% (see post).

For a complete list of these recent local CD deals, refer to my local CD list below. Remember that many of these deals don't last long. Please check if the rate is still active at the bank or credit union's website. If you see that a deal has ended, a comment is much appreciated.

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 around $10K or less. Previous weekly summaries are available for Dec 9th, Dec 2nd, Nov 25th, Nov 18th, Nov 11th and Nov 4th.

As of December 16, 2006

Savings Accounts/Money Market Accounts:

• Superior Savings - 5.50% MMA ($10K min), my post
• E-LOAN - 5.38% ($5K min), my post
• BankUnited - 5.35% (min $5K), my post
• UFB Direct - 5.32%, my post
• iGobanking - 5.30%, my post
• Zions Bank - 5.30% MMA (min $1K) (5.34% $50K+), my post
• AmTrustDirect - 5.30% ($1K min), my post
• Apple Bank - 5.27%, my post ($25 bonus)
• WTDirect - 5.26% ($10K min), my post
• AmboyDirect - 5.25% (5.35% for $20K+), my post ($25 bonus)
• OneUnited - 5.25% (min $10), my post
• Presidential - 5.25% (min $5K, only first $35K receives this rate), offers 4.50% checking, my post
• Countrywide - 5.25% (min $10K), (5.40% $50K+) my post
• GMAC Bank - 5.20% MMA (min $500), my post
• FirstFedDirect - 5.16% (min $1K) (closed to CA residents), my post
• 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
• ETrade Bank - 5.05%, my post ($50 bonus)
• Discover Bank - 5.05% MMA (min $10K)
• CapitalOne/Costco - 5.01% MMA (min $5K, Costco members only, $25 deal for exec. members)
• Citibank - 5.00%, requires checking account, my post
• Washington Mutual - 5.00% (requires checking), my post
• Corus Bank - 4.91% MMA (min $10K to open)
• Tennessee Commerce Bank - 4.98% (min $10K), my post
• CapitalOne - 4.80% (MMA has same rate, but with checks and ATM. $100 min.), my post
• Self-Help Credit Union - 4.71% MMA (min $500), my post
• VirtualBank - 4.60% (min $100), (4.86% $50K+/ 5.13% $100K+) offers checking, my post ($20 bonus)
• ING Direct - 4.50%, my post ($25 bonus), (rate history)
• GE Money - 4.50% (min $4K), (5.05% for $15K+), my post ($25 bonus)
• EverBank - 4.41% ($1.5K min), 6.01% 3-mo promo, my post
• MetLife Bank - 4.40% MMA (min $5K), my post ($50 bonus)
• 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 - 3.66% MMA ($500 min), requires checking, my post ($250 deal)

3-Month Certificates of Deposit:

• EverBank - 6.01% ($1.5K min), checking account promo, see post
• IndyMac Bank - 5.45% (min $5K), my post
• World Savings - 5.45% (4 months) (min $10K), my post
• VirtualBank - 5.44% (min $10K), my post
• Countrywide - 5.40% (min $10K), my post
• Imperial Capital - 5.35%, ($2K min), my post
• UFB Direct - 5.30% (min $8K)
• FirstFedDirect - 5.26% (min $10K), my post
• GMAC Bank - 5.15% (min $500), my post
• UmbrellaBank.com - 5.10% (min $1K)
• Charles Schwab - 5.09% (min $1K), my post
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• ETrade Bank - 5.00% (min $1K), my post
• Self-Help Credit Union - 4.98% (min $500), my post
• Corus Bank - 4.91% (min $10K)

6-Month Certificates of Deposit:

• NASA FCU - 5.80% (7 months) (min $15K), my post
• Superior Savings - 5.60% (min $500)
• AmTrustDirect - 5.46% (min $1K) my post
• FirstFedDirect - 5.46% (min $10K), my post
• BankUnited - 5.45% ($1K min)
• Tennessee Commerce Bank - 5.45% (min $5K)
• IndyMac Bank - 5.45% (min $5K), my post
• Corus Bank - 5.40% (min $10K)
• VirtualBank - 5.39% (min $10K), my post
• Imperial Capital - 5.35%, ($2K min), my post
• World Savings - 5.35% (7 months) (min $10K), branch-only, my post
• Countrywide - 5.30% (min $10K), my post
• ETrade Bank - 5.30% (min $1K), my post
• UFB Direct - 5.30% (min $8K)
• Self-Help Credit Union - 5.25% (min $500), my post
• EmigrantDirect - 5.20% (min $1K)
• UmbrellaBank.com - 5.20% (min $1K)
• NetBank - 5.19% (min $1K)
• GMAC Bank - 5.15% (min $500), my post
• EverBank - 5.15% ($1.5K min)
• E-LOAN - 5.15% ($10K min), my post
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• ING Direct - 5.00%, my post
• Wells Fargo - 4.90% (5 months) (min $5K), rate and min vary by state, my post

9-Month Certificates of Deposit:

• Patelco Credit Union - 5.75% ($1K min) (8 months), not NCUA insured, my post
• AmTrustDirect - 5.51% (min $1K) my post
• FirstFedDirect - 5.41% (min $10K), my post
• UmbrellaBank.com - 5.35% (min $1K)
• Imperial Capital - 5.32% ($2K min), my post
• VirtualBank - 5.28% (min $10K), my post
• IndyMac Bank - 5.20% (min $5K), my post
• EmigrantDirect - 5.20% (min $1K)
• Countrywide - 5.20% (min $10K), my post
• GMAC Bank - 5.15% (min $500), my post
• EverBank - 5.15% ($1.5K min)
• ING Direct - 5.05%, my post
• Washington Mutual - 5.00% (min $1K)

12-Month Certificates of Deposit:

• Tennessee Commerce Bank - 5.50% (min $5K)
• AmboyDirect - 5.50% (min $10K), my post
• Digital CU - 5.50% (13 month) (min $500), my post
• AmTrustDirect - 5.41% (min $1K) my post
• Corus Bank - 5.40% (min $10K)
• La Jolla Bank - 5.40% (min $10K), my post
• UmbrellaBank.com - 5.40% (min $1K)
• FirstFedDirect - 5.35%, (min $10K) my post
• Imperial Capital - 5.30% ($2K min), my post
• Transportation Alliance Bank - 5.27% ($1K min)
• IndyMac Bank - 5.25% (min $5K), my post
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• GMAC Bank - 5.20% (min $500), my post
• NetBank - 5.20% (min $1K), my post ($100 bonus)
• EmigrantDirect - 5.20% (min $1K)
• Self-Help Credit Union - 5.16% (min $500), my post
• EverBank - 5.15% ($1.5K min)
• UFB Direct - 5.15% (min $8K)
• VirtualBank - 5.15% (min $10K), my post
• E-LOAN - 5.15% ($10K min), my post
• ING Direct - 5.10%, my post
• Washington Mutual - 5.10% (min $1K), rates vary by state
• ETrade Bank - 5.10% (min $1K), my post
• Countrywide - 5.10% (min $10K)
• Melrose CU - 5.09% (min $5K) my post
• GTE FCU - 4.96% (min $500) (add-on feature) my post
• Mutual Bank - 4.80% (min $2.5K) my post

18-Month Certificates of Deposit:

• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• UmbrellaBank.com - 5.25% (min $1K)
• AmTrustDirect - 5.15% (min $1K) my post
• Imperial Capital - 5.15% ($2K min), my post
• CapitalOne/Costco - 5.14% (min $5K, Costco members only)
• GMAC Bank - 5.10% (min $500)
• E-LOAN - 5.05% ($10K min), my post
• ETrade Bank - 5.00% (min $1K), my post
• Countrywide - 5.00% (min $10K)
• Mutual Bank - 4.85% (min $5K) my post

36-Month Certificate of Deposit:

• First State Bank - 5.50% ($1K min), my post
• Pentagon Federal CU - 5.31% (min $1K), my post
• Transportation Alliance Bank - 5.27% ($1K min)
• Agriculture FCU - 5.25% (min $1K), my post
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• Melrose CU - 5.20% (min $5K) my post
• Fort Belvoir FCU - 5.18% (min $1K), my post
• UmbrellaBank.com - 5.15% (min $1K)
• Mutual Bank - 5.10% (min $5K) my post
• AmTrustDirect - 5.00% (min $1K) my post
• GMAC Bank - 5.00% (min $500)
• Imperial Capital - 5.00% ($2K min), my post
• E-LOAN - 5.00% ($10K min), my post
• Washington Mutual - 4.95% (min $1K), rates vary by state
• ETrade Bank - 4.80% (min $1K), my post
• Countrywide - 4.80% (min $10K)
• Self-Help Credit Union - 4.85% (min $500), my post

48-Month Certificate of Deposit:

• First State Bank - 5.50% ($1K min), my post
• USA FCU - 5.33% (min $1K) my post
• Pentagon Federal CU - 5.32% (min $1K), my post
• Fort Belvoir FCU - 5.29% (min $1K), my post
• Transportation Alliance Bank - 5.27% ($1K min)
• Agriculture FCU - 5.25% (min $1K), my post
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• Melrose CU - 5.25% (min $5K) my post
• UmbrellaBank.com - 5.15% (min $1K)
• GMAC Bank - 5.00% (min $500)
• E-LOAN - 5.00% ($10K min), my post
• Self-Help Credit Union - 4.84% (min $500), my post
• Countrywide - 4.80% (min $10K)

60-Month Certificate of Deposit:

• Navy FCU - 5.70% ($20K min) restrictions to membership, my post
• Agriculture FCU - 5.50% (min $1K), my post
• First State Bank - 5.50% ($1K min), my post
• Fort Belvoir FCU - 5.44% (min $1K), my post
• USA FCU - 5.38% (min $1K) my post
• Presidential Bank - 5.35% (min $1K)
• Members Credit Union - 5.34% (min $2K), my post
• Pentagon Federal CU - 5.32% (min $1K), my post
• Melrose CU - 5.30% (min $5K) my post
• Transportation Alliance Bank - 5.27% ($1K min)
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• UmbrellaBank.com - 5.15% (min $1K)
• VirtualBank - 5.15% (min $10K), my post
• AmTrustDirect - 5.10% (min $1K) my post
• Washington Mutual - 5.10% (min $1K), rates vary by state
• GMAC Bank - 5.00% (min $500)
• E-LOAN - 5.00% ($10K min), my post
• Imperial Capital - 4.95% ($2K min), my post
• Self-Help Credit Union - 4.84% (min $500), my post
• ETrade Bank - 4.80% (min $1K), my post
• Countrywide - 4.80% (min $10K)

84-Month Certificate of Deposit:

• Navy FCU - 6.00% ($20K min) restrictions to membership, my post
• Pentagon Federal CU - 5.32% (min $1K), my post
• EmigrantDirect - 5.20% (min $1K)
• CapitalOne/Costco - 5.14% (min $5K, Costco members only)
• Countrywide - 4.80% (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% 3-month intro rate on Money Market account
• 5.61% Savings Account with $25K+ balance
• 5.50% Money Market Account with $250K initial deposit
• 5.55% Money Market Account with $100K balance / 5.25% Business MMA
• 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

• $250 Checking Account Bonus at South Carolina Federal
• 6.00% Checking Account up to $25k (Arkansas)
• 6.00% Money Market Account Intro Rate in New Jersey
• 5.61% Checking Account up to $25K (AL/TN/MS)
• 5.50% Money Market Account for 3 months (New York)
• 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)
• 5.01% Checking Account (Wisconsin/Illinois)
• 5.00% Checking Account at an Oklahoma Bank (Legacy)
• 4.75% Checking Account (Texas)

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

Terms of 60 Months and Over

• 6.37% 60-Month CD at a Maryland CU (MCT)
• 6.33% 60-Month CD at a North Carolina CU (Team and Wheel)
• 6.22% 60-Month CD at a California CU (TFCU)
• 6.18% 60-Month CD at a DC Credit Union (GSA)
• 6.17% 60-Month CD at a Washington State CU (Spokane City)
• 6.05% 60-Month CD at a Ohio CU (TopMark)
• 6.00% 72-Month CD at a Ohio CU (ProMedica)
• 6.00% 60-Month CD at a Utah CU (Family First)
• 6.00% 60-Month CD at a New Jersey CU (Paragon)
• 6.00% 60-Month CD at a Ohio/Kentucky CU (Cinfed)
• 6.00% 60-Month CD at a Texas CU - IRA (Texas FCU)
• 5.98% 60-Month CD at a Texas CU (Coastal Community and Teachers)
• 5.92% 60-Month CD at a South Carolina CU - $50K+ (SAFE FCU)
• 5.91% 60-Month CD at a Texas CU - $50K (Star of Texas)
• 5.90% 60-Month CD at a Nevada CU - $75K (Clark County)
• 5.90% 60-Month CD at a Michigan CU (Schools and Government)
• 5.90% 72-Month CD at a Missouri Bank (Garden City)
• 5.88% 60-Month CD at a Virginia Bank (Farmers)
• 5.88% 60-Month CD at a Wyoming CU (First Education)
• 5.86% 60-Month CD at a Virginia CU (Richmod Postal)
• 5.83% 60-Month CD at a Arizona CU (Honeywell Aerospace)
• 5.82% 60-Month CD at a Texas CU (Austin Telco)
• 5.80% 60-Month CD at a Arizona CU - IRA (Credit Union West)
• 5.80% 60-Month CD at a MI/AL/MO CU (Service 1)
• 5.75% 60-Month CD at a California Bank (Spectrum)
• 5.75% 60-Month CD at a Wisconsin Bank (Cashton)
• 5.75% 60-Month CD at a Florida CU (Bay Gulf)
• 5.75% 120-Month CD at a Pennsylvania CU (Diamond)
• 5.75% 60-Month CD at a Pennsylvania CU (Diamond)
• 5.75% 60-Month CD at a Georgia Bank (Piedmont)
• 5.65% 60-Month CD at a Georgia Bank (Alpha)
• 5.65% 60-Month CD at a Colorado CU (Gateway)
• 5.60% 60-Month CD at a Florida CU (Suncoast Schools)
• 5.57% 60-Month CD at a California CU (Open to All)

Terms of 24 Months to Under 60 Months

• 6.98% 36-Month CD at a California Bank - Variable IRA (Alliance Bank)
• 6.66% 36-Month CD at a Virginia CU (Loudoun)
• 6.43% 36-Month CD at a Alabama CU (Energon)
• 6.25% 36-Month CD at a Illinois CU - Coverdell (First Northern)
• 6.18% 36-Month CD at a Arizona CU - $50K (Arizona Holsum)
• 6.17% 48-Month CD at a Maryland CU (MCT)
• 6.17% 36-Month CD at a Maryland Bank - $100K Min (CommerceFirst)
• 6.17% 48-Month CD at a DC Credit Union (GSA)
• 6.11% 30-Month CD at a California CU (TFCU)
• 6.00% 24-Month CD at a New York CU - $50K Min (Palisades)
• 6.00% 30-Month CD at a Florida CU - $100K (Tropical Financial)
• 6.00% 50-Month CD at a Nevada CU (Greater Nevada)
• 6.00% 24-Month CD at a North Dakota CU (Burlington Northern)
• 5.88% 48-Month CD at a California CU (Butte)
• 5.85% 40-Month CD at a Michigan CU (Schools and Government)
• 5.80% 24-Month CD at a New York CU (Countryside Community)
• 5.80% 35-Month CD at a Nevada CU (Greater Nevada)
• 5.75% 30-Month CD at a Ohio CU (CINCO)
• 5.75% 24-Month CD at a Texas CU (Texas Champions)
• 5.75% 36-Month CD at a North Dakota CU (Dakota Plains)
• 5.75% 48-Month CD at a New York CU (Countryside Community)
• 5.75% 36-Month CD at a Oregon CU (NW Preferred)
• 5.75% 50-Month CD at a Ohio CU (AP FCU)
• 5.70% 30-Month CD at a Maryland Bank (Howard)
• 5.63% 36-Month CD at a California CU (Open to All)

Terms of 12 Months to Under 24 Months

• 10.00% 12-Month CD at a Florida Bank - $1K Max (Atlantic Coast)
• 10.00% 12-Month CD at a New York CU - $2K Max (Palisades)
• 6.35% 15-Month CD at a California CU (Alisos)
• 6.07% 13-Month CD at a LA Credit Union (Financial Partners)
• 6.00% 14-Month CD at a New Mexico CU - $100K (Kirtland)
• 6.00% 13-Month CD at a Texas CU (Air Force)
• 6.00% 12-Month CD at a New Jersey CU (Rutgers)
• 6.00% 12-Month CD at a Texas CU (Dallas)
• 6.00% 12-Month CD at a Montana CU (Lincoln County)
• 6.00% 12-Month CD at a Dallas Bank - $125k min (ViewPoint)
• 6.00% 15-Month CD at a TX/CO Credit Union (Security Service)
• 6.00% 12-Month CD at a California CU (Ventura County)
• 5.95% 12-Month CD at a Georgia Bank (Patriot Bank)
• 5.90% 23-Month CD at a Minnesota CU (Honeywell)
• 5.88% 18-Month CD at a Multi-State CU (Chartway FCU)
• 5.80% 12-Month CD at a Florida Bank (Freedom Bank)
• 5.75% 13-Month CD at a Michigan CU (Hometown Community)
• 5.75% 20-Month CD at a Illinois CU - Open To All (Consumers)
• 5.75% 15-Month CD at a Georgia Bank (First Georgia Community)
• 5.75% 13-Month CD at a California CU - $90K (LBS Financial)
• 5.75% 18-Month CD at a Miami CU (MPS)
• 5.75% 18-Month CD at a New York Bank (Park Avenue)
• 5.75% 12-Month CD at a California Credit Union (LA Times FCU)
• 5.75% 21-Month CD at a Indiana CU (Afena)
• 5.75% 12-Month CD at a Houston CU (Right Choice)
• 5.75% 12-Month CD at a North Dakota CU (Northern Tier)
• 5.75% 12-Month CD at a Georgia Bank (Piedmont)
• 5.75% 12-Month CD at a California Bank (Temecula Valley)
• 5.70% 23-Month CD at a California Bank - IRA (Mid-State)
• 5.70% 12-Month CD at a California Bank - IRA (Mid-State)
• 5.70% 12-Month CD at a New York CU (Countryside Community)
• 5.65% 12-Month CD at a California Bank (Western Financial)
• 5.60% 12-Month CD at a Florida CU (Suncoast Schools)

Terms of Under 12 Months

• 10.00% 10-Month CD at a New Jersey CU - $1K Max (Credit Union of New Jersey)
• 10.00% 6-Month CD at a Indiana/Michigan/Georgia Bank - $2.5K Max (Flagstar)
• 10.00% 10-Month CD at a Philadelphia CU - $1K Max (American Heritage)
• 10.00% 10-Month CD at a Texas CU - $2.5K Max (Alamo FCU)
• 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)
• 7.55% 3-Month CD at a California CU - $50K Max (Health Associates)
• 7.00% 7-Month CD at a Multi-State CU (Chartway FCU)
• 6.70% 4-Month CD at a California CU - IRA (Los Angeles Firemen's)
• 6.30% 11-Month CD at a Maryland/DC/Philly CU (FedChoice)
• 6.14% 6-Month CD at a Multi-State CU (USPS FCU)
• 6.14% 6-Month CD at a Ohio CU (Maumee Valley)
• 6.03% 6-Month CD at a Oregon CU (Clackamas Community)
• 6.00% 4-Month CD at a Michigan CU (Huron River Area)
• 6.00% 6-Month CD at a Missouri CU (American Eagle)
• 6.00% 9-Month CD at a Florida CU (Florida Telco)
• 6.00% 6-Month CD at a Georgia Bank (Alpha)
• 6.00% 7-Month CD at a Colorado CU (Gateway)
• 6.00% 6-Month CD at a Georgia Bank (Midtown)
• 6.00% 7-Month CD at a Connecticut CU (Dutch Point)
• 6.00% 7-Month CD at a North Dakota CU (North Star)
• 6.00% 6-Month CD at a Ohio CU (Toledo Area)
• 6.00% 6-Month CD at a New Jersey CU (Atlantic Health)
• 6.00% 3-Month CD at a New York CU (Advantage)
• 6.00% 6-Month CD at a Michigan CU (Huron River Area)
• 6.00% 5-Month CD at a Arizona Bank (Arizona Bank and Trust)
• 6.00% 6-Month CD at a Illinois/New Jersey/Indiana CU (Selfreliance)
• 6.00% 3-Month CD at a California CU (Meriwest)
• 6.00% 6-Month CD at a Ohio CU (Sharefax)
• 6.00% 6-Month CD at a Nevada CU (Moapa Valley)
• 6.00% 6-Month CD at a Georgia CU and $55 Checking Bonus (LGE FCU)
• 5.88% 11-Month CD at a Illinois CU (Jeff-Co Schools)
• 5.83% 7-Month CD at a Washington DC CU (Interior FCU)
• 5.75% 3-Month CD at a FL/TX/NY Bank (Commercebank)
• 5.75% 11-Month CD at a TX/AZ CU (TruWest)
• 5.75% 7-Month CD at a TX/AZ CU (TruWest)
• 5.75% 7-Month CD at a Florida CU (Eastern Financial)
• 5.75% 6-Month CD at a California CU (Metro 1)
• 5.75% 9-Month CD at a Rhode Island CU (Wave)
• 5.75% 7-Month CD at a Oregon CU (SELCO)
• 5.75% 6-Month CD at a New York Bank (Park Avenue)
• 5.75% 6-Month CD at a New York Bank (Trustco)
• 5.75% 5-Month CD at a California/North Caralina CU (Alliance)
• 5.75% 6-Month CD at a California Bank (Temecula Valley)
• 5.75% 7-Month CD at a South Carolina CU (Palmetto Citizens)
• 5.75% 6-Month CD at a Illinois Bank (Town Center Bank)
• 5.70% 11-Month CD at a Oregon CU and $100 Checking Bonus (Advantis)
• 5.65% 7-Month CD at a California Bank (First Private)
• 5.60% 7-Month CD at a Illinois Bank (Prairie Bank and Trust Co.)
• 5.60% 7-Month CD at a Texas Bank (Equity)
• 5.57% 9-Month CD at a Arizona CU (Altier)

Savings Account/CD Alternatives

• Money Magazine article on risk-free investments
• Fidelity Money Market Fund - 5.00% 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 Nov 2006, I Bond Article, I Bonds as CD Alternatives
• SmartMoney Brokerage Survey