Bank Deals Weekly Summary for June 30, 2007

Quick Link for Rates

At the meeting this week the Fed held interest rates steady again, and it's looking more likely that the Fed may hold steady for the rest of the year. With no signs that rates will fall any time soon, high yield savings accounts continue to look like a better deal than many CDs. You can stay liquid in a 6% savings account promo at FNBO Direct or Everbank or the checking account promo at Salem Five Direct.

Savings Accounts Update - New Online Bank with $50 Bonus

I reported on a new online bank called Heartland Bank Direct on Monday (see post). It's only offering a 5.05% APY savings account, but it does have a new-account bonus in which you can earn up to $50. To receive the full $50, you'll need to deposit at least $10K for 6 months.

You'll also need at least $10K if you want to earn the high rates now at UFB Direct. They've closed their no-minimum High Yield Money Market Savings Account to new customers, and those who already have it will now only earn 4.50% APY. UFB Direct has replaced this account with the Absolute Savings account which continues the 5.31% APY but only for balances of at least $10K. Although it's not as good a deal as the old account, it's still not bad. Balances under $5K still earn 5.11% APY and balances between $5K and $10K earn 5.21% APY (see post).

Checking Accounts Update - 6.01% Available Nationally

For those wanting a high yield liquid account, the reward checking is another alternative. These have been offered only by local banks and credit unions and most require a branch visit. However, a few banks have started these without a branch visit requirement. I reported on one this week at First National Bank in Kansas City which offers 5.60% APY on balances up to $25K. There's an online account application and I was told by the CSR that it's available to people in any state (see post).

The State Bank of Toledo in Iowa is another small bank that's offering a reward checking with an online application open to people from any state. This one offers a yield of 6.01% APY with no balance limits for the 6.01% (see post). It's much smaller than First National Bank and they've reported being overwhelmed by requests, so it's hard to say how long it'll last. The debit card usage requirements, ACH/Direct Deposit requirements and the online features are suppose to make these accounts profitable for the banks. If that's true, perhaps the high yields may last.

New local reward checking accounts that I reported on this week include 6.15% in Arkansas and 6.17% in Tennessee. To see all of my latest posts on reward checking accounts, see this page, and see this link for a summary of the best checking accounts.

CD Rates Update - New 6% CD Deals

The steady rise of long-term CD rates started to slow this week. Rate changes were mixed. National Bank of Kansas City ended its 5.50% APY CDs. The yields now are 5.30% APY on all terms. Countrywide Bank ended its 5.50% APY 18-month CD. It's now only 5.15% APY. GMAC Bank and KeyDirect lowered rates slightly on its long-term CDs. For easy membership credit unions, Northrop Grumman FCU and Western FCU both lowered their CD rates, but the long-term rates continue to be very competitive ranging from 5.38% APY for a 1 year term to 5.84% APY for a 5 year term.

On the plus side, AmTrust Direct increased its long-term CD rate on terms of 18 months and over. E-LOAN increased its 2 and 5 year CD rates to 5.50% and 5.55% APY. And ING Direct's CD rates are getting close to being competitive. Their 12-month CD yield was raised to 5.35% APY.

Also on the plus side, in the last couple of weeks I've been seeing more 6% CD specials. I just reported on Navy FCU's new 6% APY 10-month CD special that is starting on Monday (see post). Navy FCU usually runs these promos for at least 2 months, so as FNBO Direct's 6% promo nears the end, this will provide for a good way to extend the 6% for another 10 months. The only problem with Navy FCU, however, is that you must be connected with the Navy to qualify for membership (see post).

If you can't qualify for Navy FCU membership, you may want to look into these other local 6% CD deals that I reported on this week in Southeast Florida, Kentucky, Virginia, New Mexico, Florida Panhandle, Southern Utah, Indiana and in Texas. For more local CD deals, refer to my local CD deal section below.

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 Jun 23rd, Jun 16th, Jun 9th, Jun 2nd, May 26th, May 19th, May 12th and May 5th.

Quick Links: Refer to the following links for the savings accounts and CDs that interest you: Liquid Account Rates: Savings Accounts, Special rates, Local checking/savings, Bank alternatives CD Rates: 3 Mo CDs, 6 Mo CDs, 9 Mo CDs, 12 Mo CDs, 18 Mo CDs, 24 Mo CDs, 36 Mo CDs, 48 Mo CDs, 60 Mo CDs, 84 Mo CDs, CDs by state Comments: read and discuss

As of June 30, 2007

Checking/Savings/Money Market Accounts:

• Checking/Savings Account Bonuses
• The Best Checking Accounts

• FNBO Direct - 6.00% (until 9/28) my post
• AmTrustDirect - 5.36% ($1K min), my post
• BankUnited - 5.35% (min $5K), my post
• UFB Direct - 5.31% (min $10K), my post
• OneUnited - 5.30% (min $1K), my post
• Zions Bank - 5.30% MMA, outside of Utah, (min $1K) (5.36% $50K+), my post
• iGobanking - 5.30%, my post
• GMAC Bank - 5.30% MMA (min $500), my post
• grand yield direct - 5.27% (min $2.5K) my post
• WTDirect - 5.26% ($10K min), my post
• Countrywide - 5.25% (min $10K), (5.40% $50K+) my post
• Presidential Bank - 5.25% (min $5K, only first $35K receives this rate), offers 4.50% checking, my post
• Transportation Alliance Bank - 5.25% (5.15% for MMA), ($25 min), my post
• E-LOAN - 5.25% ($5K min), my post
• Direct Huntington - 5.20% ($1K min), my post
• FirstFedDirect - 5.16% (min $1K) (closed to CA residents), my post
• Discover Bank - 5.14% MMA (min $10K)(5.25% for $25K+)
• Savings Square - 5.10%, my post
• Mutual Bank - 5.10% MMA (min $5K), my post
• Bank of America AAA/NEA - 5.08% MMA ($10K min) (5.35% for $50K+) my post
• Heartland Bank Direct - 5.05%, ($500 min), my post ($50 bonus)
• UnivestDirect - 5.05%, (4% checking), my post
• AmboyDirect - 5.05% (5.10% for $20K+), my post ($25 bonus)
• ETrade Bank - 5.05%, my post ($25 bonus)
• HSBC Direct - 5.05% ($50 related bonus) my post
• EmigrantDirect - 5.05%, my post
• EverBank - 5.01% ($1.5K min), 6.01% 3-mo promo, my post
• Citibank - 5.00%, requires checking account and bill pay usage, my post ($100 bonus)
• PFF Bank and Trust - 5.00% (min $1K), my post
• Indymac Bank - 5.00% ($10K min)
• ebank - 5.00% Checking ($2.5K min), my post
• Salem Five Direct - 5.00% Checking (5.20% $25K+), 6.10% 2-mo promo and $25 bonus, my post
• Washington Mutual - 5.00% (requires checking), my post
• CapitalOne/Costco - 5.00% MMA (min $5K, Costco members only, $50 deal for exec. members)
• UmbrellaBank.com - 4.95% MMA (min $1K), my post
• Tennessee Commerce Bank - 4.92% (min $10K), my post
• Corus Bank - 4.79% MMA (min $10K to open)
• Capital One - 4.75% (MMA has same rate, but with checks and ATM. $100 min.), my post
• MyBankingDirect - 4.75% MMA (min $5K), 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)
• ING Direct - 4.50%, (4% checking), my post ($25 bonus)
• NetBank - 4.50% MMA ($500 min), 6-month intro rate, my post ($250 deal)
• MetLife Bank - 4.40% MMA (min $5K), my post ($50 bonus)
• Imperial Capital - 4.20% MMA ($2.5K min), offers free checking, my post
• Melrose CU - 4.06% (min $25) my post

3-Month Certificates of Deposit:

• Element Financial - 5.35% (min $5K), my post
• IndyMac Bank - 5.35% (min $5K), my post
• VirtualBank - 5.34% (min $10K), my post
• UFB Direct - 5.31% (min $8K)
• Imperial Capital - 5.30%, ($2K min), my post
• Countrywide - 5.30% (min $10K), my post
• National Bank of KC - 5.30% (min $10K), my post
• FirstFedDirect - 5.26% (min $10K), my post
• UmbrellaBank.com - 5.25% (min $1K)
• ETrade Bank - 5.20% (min $1K), my post
• GMAC Bank - 5.15% (min $500), my post
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• EverBank - 5.00% ($1.5K min)
• Self-Help Credit Union - 4.98% (min $500), my post
• Corus Bank - 4.79% (min $10K)

6-Month Certificates of Deposit:

• IndyMac Bank - 5.46% (min $5K), my post
• Imperial Capital - 5.45%, ($2K min), my post
• Element Financial - 5.44% (min $5K), my post
• UmbrellaBank.com - 5.42% (min $1K)
• World Savings - 5.41% (5 months) (min $10K), my post
• NetBank - 5.40% (min $1K)
• Corus Bank - 5.40% (min $10K)
• Tennessee Commerce Bank - 5.40% (min $5K)
• Ascencia Bank - 5.40% (min $500)
• Countrywide - 5.40% (min $10K), my post
• E-LOAN - 5.39% ($10K min), my post
• VirtualBank - 5.39% (min $10K), my post
• FirstFedDirect - 5.38% (min $10K), my post
• AmTrustDirect - 5.36% (min $1K) my post
• Western FCU - 5.32% (min $40K), my post
• Northrop Grumman FCU - 5.32% (min $40K), my post
• GMAC Bank - 5.30% (min $500), my post
• iGobanking - 5.30% (min $500), my post
• National Bank of KC - 5.30% (min $10K), my post
• Self-Help Credit Union - 5.26% (min $500), my post
• UFB Direct - 5.25% (min $8K)
• ETrade Bank - 5.20% (min $1K), my post
• EverBank - 5.15% ($1.5K min)
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• Washington Mutual - 5.15% (min $1K), rates vary by state
• EmigrantDirect - 5.10% (min $1K)
• ING Direct - 5.00%, my post
• Wells Fargo - 4.90% (5 months) (min $5K), rate and min vary by state, my post
• Bank of Internet - 4.80% (min $1K) my post

9-Month Certificates of Deposit:

• Navy FCU - 6.00% (10 months) ($10K min) restrictions to membership, my post
• Air Force FCU - 5.50% (min $1K) restrictions to membership, my post
• World Savings - 5.46% (8 months) branch-only (min $10K), my post
• Element Financial - 5.42% (min $5K), my post
• UmbrellaBank.com - 5.41% (min $1K)
• iGobanking - 5.40% (8 months) (min $500), my post
• Countrywide - 5.40% (min $10K), my post
• AmTrustDirect - 5.36% (min $1K) my post
• GMAC Bank - 5.35% (min $500), my post
• VirtualBank - 5.34% (min $10K), my post
• FirstFedDirect - 5.30% (min $10K), my post
• National Bank of KC - 5.30% (min $10K), my post
• EverBank - 5.25% ($1.5K min)
• ING Direct - 5.25%, my post
• Imperial Capital - 5.25% ($2K min), my post
• EmigrantDirect - 5.10% (min $1K)
• IndyMac Bank - 5.10% (min $5K), my post
• Bank of Internet - 4.90% (min $1K) my post

12-Month Certificates of Deposit:

• Ascencia Bank - 5.50% (min $500)
• IndyMac Bank - 5.45% (min $5K), my post
• Element Financial - 5.42% (min $5K), my post
• E-LOAN - 5.41% ($10K min), my post
• AmTrustDirect - 5.41% (min $1K) my post
• Corus Bank - 5.40% (min $10K)
• NetBank - 5.40% (min $1K), my post ($100 bonus)
• La Jolla Bank - 5.40% (min $10K), my post
• Tennessee Commerce Bank - 5.40% (min $5K)
• UmbrellaBank.com - 5.40% (min $1K)
• GMAC Bank - 5.40% (min $500), my post
• VirtualBank - 5.39% (min $10K), my post
• Transportation Alliance Bank - 5.39% ($1K min)
• Western FCU - 5.38% (min $40K), my post
• Northrop Grumman FCU - 5.38% (min $40K), my post
• ING Direct - 5.35%, my post
• Mutual Bank - 5.35% (min $2.5K) my post
• UFB Direct - 5.35% (min $8K)
• Imperial Capital - 5.35% ($2K min), my post
• FirstFedDirect - 5.31%, (min $10K) my post
• Air Force FCU - 5.30% (min $12.5K) restrictions to membership, my post
• iGobanking - 5.30% (min $500), my post
• Countrywide - 5.30% (min $10K)
• National Bank of KC - 5.30% (min $10K), my post
• Self-Help Credit Union - 5.28% (min $500), my post
• ETrade Bank - 5.25% (min $1K), my post
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• AmboyDirect - 5.25% (min $10K), my post
• KeyDirect - 5.25% (min $5K), my post
• EverBank - 5.20% ($1.5K min)
• Discover Bank - 5.20% (min $2.5K)
• Melrose CU - 5.20% (min $5K) my post
• Navy FCU - 5.20% ($20K min) restrictions to membership, my post
• GTE FCU - 5.12% (min $500) my post
• EmigrantDirect - 5.10% (min $1K)
• Bank of Internet - 5.10% (min $1K) my post
• Washington Mutual - 5.05% (min $1K), my post

18-Month Certificates of Deposit:

• Bank of Internet - 5.46% (min $1K) my post
• NetBank - 5.45% (min $1K), my post ($100 bonus)
• Element Financial - 5.41% (min $5K), my post
• E-LOAN - 5.41% ($10K min), my post
• VirtualBank - 5.39% (min $10K), my post
• AmTrustDirect - 5.35% (min $1K) my post
• GMAC Bank - 5.35% (min $500)
• iGobanking - 5.30% (min $500), my post
• National Bank of KC - 5.30% (min $10K), my post
• ING Direct - 5.25%, my post
• Discover Bank - 5.20% (min $2.5K)
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• Countrywide - 5.15% (min $10K)
• EmigrantDirect - 5.10% (min $1K)
• ETrade Bank - 5.00% (min $1K), my post

24-Month Certificates of Deposit:

• E-LOAN - 5.50% ($10K min), my post
• Ascencia Bank - 5.50% (min $500)
• Transportation Alliance Bank - 5.48% ($1K min)
• Mutual Bank - 5.47% (min $5K) my post
• Bank of Internet - 5.46% (min $1K) my post
• Western FCU - 5.44% (min $40K), my post
• Northrop Grumman FCU - 5.44% (min $40K), my post
• Element Financial - 5.41% (min $5K), my post
• NetBank - 5.40% (min $1K), my post ($100 bonus)
• Air Force FCU - 5.40% (min $12.5K) restrictions to membership, my post
• GMAC Bank - 5.40% (min $500)
• VirtualBank - 5.39% (min $10K), my post
• UFB Direct - 5.35% (min $8K)
• AmTrustDirect - 5.35% (min $1K) my post
• Self-Help Credit Union - 5.32% (min $500), my post
• Navy FCU - 5.30% ($20K min) restrictions to membership, my post
• National Bank of KC - 5.30% (min $10K), my post
• KeyDirect - 5.25% (min $5K), my post
• Discover Bank - 5.20% (min $2.5K)
• Melrose CU - 5.20% (min $5K) my post
• Presidential Bank - 5.13% (min $1K)

36-Month Certificate of Deposit:

• Western FCU - 5.59% (min $40K), my post
• Northrop Grumman FCU - 5.59% (min $40K), my post
• Transportation Alliance Bank - 5.50% ($1K min)
• Air Force FCU - 5.50% (min $12.5K) restrictions to membership, my post
• Mutual Bank - 5.47% (min $5K) my post
• Bank of Internet - 5.46% (min $1K) my post
• Element Financial - 5.41% (min $5K), my post
• E-LOAN - 5.41% ($10K min), my post
• UFB Direct - 5.40% (min $8K)
• GMAC Bank - 5.40% (min $500)
• VirtualBank - 5.39% (min $10K), my post
• NetBank - 5.38% (min $1K), my post ($100 bonus)
• First State Bank - 5.35% ($1K min), my post
• Navy FCU - 5.35% ($20K min) restrictions to membership, my post
• KeyDirect - 5.35% (min $5K), my post
• Self-Help Credit Union - 5.35% (min $500), my post
• AmTrustDirect - 5.30% (min $1K) my post
• National Bank of KC - 5.30% (min $10K), my post
• Discover Bank - 5.20% (min $2.5K)
• Melrose CU - 5.20% (min $5K) my post
• Agriculture FCU - 5.20% (min $1K), my post
• Countrywide - 5.15% (min $10K)
• EmigrantDirect - 5.10% (min $1K)
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• Pentagon Federal CU - 5.00% (min $1K), my post
• ETrade Bank - 5.00% (min $1K), my post

48-Month Certificate of Deposit:

• Western FCU - 5.71% (min $40K), my post
• Northrop Grumman FCU - 5.71% (min $40K), my post
• Transportation Alliance Bank - 5.50% ($1K min)
• Bank of Internet - 5.46% (min $1K) my post
• GMAC Bank - 5.45% (min $500)
• Element Financial - 5.43% (min $5K), my post
• E-LOAN - 5.41% ($10K min), my post
• Navy FCU - 5.40% ($20K min) restrictions to membership, my post
• KeyDirect - 5.40% (min $5K), my post
• Self-Help Credit Union - 5.40% (min $500), my post
• VirtualBank - 5.39% (min $10K), my post
• NetBank - 5.35% (min $1K), my post ($100 bonus)
• First State Bank - 5.35% ($1K min), my post
• National Bank of KC - 5.30% (min $10K), my post
• USA FCU - 5.22% (min $1K) my post
• Discover Bank - 5.20% (min $2.5K)
• Melrose CU - 5.20% (min $5K) my post
• Agriculture FCU - 5.20% (min $1K), my post
• Countrywide - 5.15% (min $10K)
• EmigrantDirect - 5.10% (min $1K)
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• Pentagon Federal CU - 5.00% (min $1K), my post

60-Month Certificate of Deposit:

• Western FCU - 5.84% (min $40K), my post
• Northrop Grumman FCU - 5.84% (min $40K), my post
• E-LOAN - 5.55% ($10K min), my post
• KeyDirect - 5.55% (min $5K), my post
• Bank of Internet - 5.51% (min $1K) my post
• Transportation Alliance Bank - 5.50% ($1K min)
• Air Force FCU - 5.50% (min $12.5K) restrictions to membership, my post
• Navy FCU - 5.50% ($20K min) restrictions to membership, my post
• ETrade Bank - 5.47% (min $1K), my post
• Element Financial - 5.45% (min $5K), my post
• GMAC Bank - 5.45% (min $500)
• Self-Help Credit Union - 5.45% (min $500), my post
• UFB Direct - 5.40% (min $8K)
• VirtualBank - 5.39% (min $10K), my post
• First State Bank - 5.35% ($1K min), my post
• Agriculture FCU - 5.35% (min $1K), my post
• AmTrustDirect - 5.30% (min $1K) my post
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• National Bank of KC - 5.30% (min $10K), my post
• USA FCU - 5.27% (min $1K) my post
• Melrose CU - 5.25% (min $5K) my post
• Discover Bank - 5.20% (min $2.5K)
• Countrywide - 5.15% (min $10K)
• Presidential Bank - 5.13% (min $1K)
• EmigrantDirect - 5.10% (min $1K)
• Washington Mutual - 5.10% (min $1K), rates vary by state
• Pentagon Federal CU - 5.00% (min $1K), my post
• ebank - 5.00% (min $1K), 5.35% for ePremium checking customers

84-Month Certificate of Deposit:

• KeyDirect - 5.70% (min $5K) (5.85% for $50k+ and 10yr), my post
• Navy FCU - 5.60% ($20K min) restrictions to membership, my post
• Countrywide - 5.15% (min $10K)
• EmigrantDirect - 5.10% (min $1K)
• Pentagon Federal CU - 5.00% (min $1K), my post

High Rates with Conditions / Large Balances - Open to All

• 10% Affinity Savings Account for kids ($500 max)
• 6.01% Everbank 3-month intro rate on checking account
• 5.40% Personal and Business Money Market Account with $100K balance
• 5.35% Money Market Account at Bank of America with $50K+
• 5.44% Money Market Account with $250K initial deposit

Checking and Saving Accounts at Local Banks/Credit Unions

• Local High Yield Reward Checking Accounts
• 6.00% Savings Account for 118 Days at AmTrust (Ohio)
• 6.00% 3-Month Money Market Promo at Amboy (New Jersey)
• 5.50% No-Minimum Online Savings Account (New York)
• 5.25% Money Market Account for 3 months (New York)
• 5.25% Checking Account (Florida)
• 5.05% Low-Minimum Online Savings Account (California)
• 5.00% Free Checking at Capital One (Central Texas)
• 5.00% Money Market Account (Utah)

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

• Alabama deals and CD rates
• Arizona deals and CD rates
• California deals and CD rates
• Colorado deals and CD rates
• Connecticut deals and CD rates
• District of Columbia deals and CD rates
• Florida deals and CD rates
• Georgia deals and CD rates
• Idaho deals and CD rates
• Illinois deals and CD rates
• Indiana deals and CD rates
• Kansas deals and CD rates
• Kentucky deals and CD rates
• Maryland deals and CD rates
• Massachusetts deals and CD rates
• Maine deals and CD rates
• Michigan deals and CD rates
• Nevada deals and CD rates
• New Hampshire deals and CD rates
• New Jersey deals and CD rates
• New Mexico deals and CD rates
• New York deals and CD rates
• North Carolina deals and CD rates
• Ohio deals and CD rates
• Oregon deals and CD rates
• Pennsylvania deals and CD rates
• Rhode Island deals and CD rates
• South Carolina deals and CD rates
• Tennessee deals and CD rates
• Texas deals and CD rates
• Washington State deals and CD rates
• West Virginia deals and CD rates
• Wisconsin deals and CD rates

Terms of 60 Months and Over

• 6.15% 60-Month CD at a Utah CU (Pacific Rails)
• 6.02% 60-Month CD at a California CU (Bay Federal)
• 6.02% 60-Month CD at a South Carolina CU - $100K+ (SAFE FCU)
• 6.00% 72-Month CD at a DC Credit Union (Bank-Fund Staff)
• 5.90% 72-Month CD at a Missouri Bank - and 6.11% IRA (Garden City)
• 5.69% 60-Month CD at a California CU (Coast Central)
• 5.65% 60-Month CD at a Washington State Bank (Westsound)
• 5.60% 60-Month CD at a Ohio CU - and all terms in between (Glass City)

Terms of 24 Months to Under 60 Months

• 6.06% 41-Month CD at a New Jersey CU (Tri-Co)
• 5.82% 36-Month CD at a New York CU (Telco)
• 5.75% 48-Month CD at a Colorado CU (Western Rockies)
• 5.65% 41-Month CD at a New York/Pennsylvania CU (Visions)
• 5.65% 36-Month CD at a Oklahoma CU (Central Oklahoma)
• 5.65% 30-Month CD at a Carolina Bank (Blue Ridge Savings)
• 5.64% 24-Month CD at a California CU (Coast Central)
• 5.59% 36-Month CD at a Kansas Bank (Town & Country)
• 5.50% 24-Month CD at a Washington DC Credit Union (Signal Financial)
• 5.50% 24-Month CD at a Colorado CU (Western Rockies)
• 5.50% 36-Month CD at a New York Bank (LibertyPointe)
• 5.50% 24-Month CD at a New York Bank (LibertyPointe)
• 5.50% 34-Month CD at a Virginia CU (NMA)

Terms of 12 Months to Under 24 Months

• 12.00% 12-Month CD at a Texas / California CU - $1.2K Max (Premier America)
• 6.17% 18-Month CD at a New Mexico CU (First Financial)
• 6.05% 12-Month CD at a Virginia CU (NMA)
• 6.00% 17-Month CD at a Kansas Credit Union (BWCU)
• 6.00% 12-Month CD at a Indiana CU (Notre Dame)
• 6.00% 15-Month CD at a South Carolina CU Continues (MCAS Beaufort)
• 5.85% 12-Month CD at a Utah CU (Pacific Rails)
• 5.76% 12-Month CD at a California CU (Bay Federal)
• 5.75% 12-Month CD at a Georgia Bank (Alpha)
• 5.75% 15-Month CD at a Utah CU Continues (Tooele)
• 5.75% 13-Month CD at a Missouri Bank Continues (Champion)
• 5.75% 19-Month CD at a Indiana CU (Afena)
• 5.70% 12-Month CD at a Georgia Bank (American Southern)
• 5.67% 18-Month CD at a New York CU (Telco)
• 5.65% 17-Month CD at a Kentucky CU (Fort Knox)
• 5.65% 12-Month CD at a Georgia Bank (Alpha)
• 5.65% 13-Month CD at a Washington State CU Continues (WSE)
• 5.64% 12-Month CD at a Florida CU (City County)
• 5.61% 12-Month CD at a Texas CU (El Paso Employees)
• 5.60% 14-Month CD at a Nebraska Bank (First National Bank Omaha)
• 5.56% 12-Month CD at a California CU (Redwood)
• 5.55% 20-Month CD at a Illinois CU - Open To All (Consumers)
• 5.55% 14-Month CD at a Alabama CU (Guardian)
• 5.55% 13-Month CD at a Florida CU (Sunshine State)
• 5.54% 12-Month CD at a Kansas Bank (Town & Country)
• 5.50% 13-Month CD at a Florida CU (Jax Federal)
• 5.50% 17-Month CD at a Missouri Bank (WestBridge)
• 5.50% 12-Month CD at a Missouri Bank (WestBridge)
• 5.50% 23-Month CD at a California Bank (Pacific State)
• 5.50% 18-Month CD at a California Bank (Pacific State)
• 5.50% 14-Month CD at a Indiana/Michigan/Georgia Bank (Flagstar)
• 5.50% 12-Month CD at a North Carolina and Virginia Bank (Gateway)
• 5.50% 13-Month CD at a Carolina Bank (Blue Ridge Savings)
• 5.50% 12-Month CD at a New York CU (Countryside Community)
• 5.50% 18-Month CD at a Washington State Bank (Westsound)
• 5.50% 12-Month CD at a Texas Bank (First National Bank Southwest)
• 5.50% 12-Month CD at a FL/NY/MA/VT Bank (Trustco)
• 5.50% 12-Month CD at a Nevada Bank (Silver State)
• 5.50% 12-Month CD at a California CU (San Mateo)
• 5.50% 12-Month CD at a Pennsylvania CU (PA HealthCare)
• 5.50% 15-Month CD at a North Carolina CU Continues (Coastal) - Easy Membership
• 5.50% 18-Month CD at a Maryland Bank (Fidelity & Trust)
• 5.50% 12-Month CD at a Texas CU (West Texas)
• 5.50% 12-Month CD at a California Bank - with withdrawal feature (Vineyard)
• 5.49% 12-Month CD at a Alabama CU (APCO Employees)
• 5.45% 12-Month CD at a Tennessee CU - 5.55% Jumbo (Eastman)
• 5.45% 12-Month CD at a Chicago Bank (Builders)
• 5.45% 12-Month CD at a Arizona Bank (Choice Bank)
• 5.43% 12-Month CD at a Florida Bank (First Commercial)

Terms of Under 12 Months

• 9.00% 9-Month CD at a Colorado CU - $2K Max (Elevations)
• 7.15% 5-Month CD at a Georgia Bank - $25K Max (First Citizens Bank of Georgia)
• 7.00% 7-Month CD at a Maryland CU - $7K Max (NIH)
• 7.00% 7-Month CD at a California / Texas CU - $7K Max (Premier America)
• 6.06% 8-Month CD at a Pennsylvania CU (Pittsburgh Teachers)
• 6.00% 5-Month CD at a New Jersey Bank (Valley National)
• 6.00% 6-Month CD at a Georgia Bank (Alpha)
• 6.00% 6-Month CD at a Texas Bank (Patriot)
• 6.00% 6-Month CD at a Utah Bank (Sunfirst)
• 6.00% 10-Month CD at a Florida CU (Pen Air)
• 6.00% 7-Month CD at a Kentucky CU (Fort Knox)
• 6.00% 6-Month CD at a Florida CU - $25K Max (City County)
• 5.96% 10-Month CD at a New Jersey CU (Tri-Co)
• 5.75% 7-Month CD at a Missouri Bank Continues (Champion)
• 5.70% 5-Month CD at a FL/NY/TX Bank (Commercebank)
• 5.70% 6-Month CD at a Georgia Bank (American Southern)
• 5.70% 8-Month CD at a California CU (The Golden 1) - with Worry-Free Feature
• 5.65% 6-Month CD at a New York/Pennsylvania CU (Visions)
• 5.65% 5-Month CD at a Florida CU (SunState)
• 5.65% 7-Month CD at a Kentucky CU (Fort Knox)
• 5.65% 6-Month CD at a Georgia Bank (Alpha)
• 5.64% 6-Month CD at a Virginia Bank (Sonabank)
• 5.64% 9-Month CD at a Massachusetts CU (Harvard University Employees)
• 5.60% 10-Month CD at a Tennessee Bank (Reliant)
• 5.60% 7-Month CD at a Florida Bank (Duval)
• 5.60% 3-Month CD at a Ohio CU - and all terms in between (Glass City)
• 5.60% 6-Month CD at a Los Angeles Bank (California Business)
• 5.55% 11-Month CD at a Florida Bank (TransCapital)
• 5.55% 4-Month CD at a Florida Bank (TransCapital)
• 5.55% 9-Month CD at a Utah CU Continues (Tooele)
• 5.55% 11-Month CD at a California CU Continues (Pacific Service)
• 5.55% 9-Month CD at a Dallas Bank (One World)
• 5.55% 6-Month CD at a Alabama CU (APCO Employees)
• 5.54% 9-Month CD at a Arizona CU (Pinal County)
• 5.53% 9-Month CD at a Washington State CU (Harborstone)
• 5.52% 7-Month CD at a Florida Bank (First Commercial)
• 5.51% 9-Month CD at a Texas Bank (First Community Bank)
• 5.50% 7-Month CD at a Massachusetts Bank (Ipswich Co-operative)
• 5.50% 7-Month CD at a Florida CU (Jax Federal)
• 5.50% 9-Month CD at a Washington State CU (Sound)
• 5.50% 8-Month CD at a Florida Bank (Third Federal)
• 5.50% 4-Month CD at a New Jersey CU (United Teletech Financial)
• 5.50% 3-Month CD at a North Carolina and Virginia Bank (Gateway)
• 5.50% 7-Month CD at a Massachusetts Bank (Institution for Savings)
• 5.50% 10-Month CD at a Florida Bank (Community Bank of Englewood)
• 5.50% 5-Month CD at a California Bank (Los Padres)
• 5.50% 5-Month CD at a Michigan Bank (Bank of Auburn Hills)
• 5.50% 9-Month CD at a Michigan Bank (Bank of Auburn Hills)
• 5.50% 11-Month CD at a Oregon CU (OnPoint Community)
• 5.50% 6-Month CD at a Nevada Bank (Silver State)
• 5.50% 4-Month CD at a DC Bank (Bank of Georgetown)
• 5.50% 9-Month CD at a Colorado CU (Power)
• 5.50% 6-Month CD at a California CU (Dow) - and 6.03% IRA
• 5.50% 9-Month CD at a Maine CU (PeoplesChoice)
• 5.40% 9-Month CD at a New York Bank (Astoria Federal Savings)

Bank Account Alternatives

• Money Magazine article on risk-free investments
• Vanguard Prime Money Market Fund - 5.14% 7-day yield
• TIAA-CREF Money Market Fund - 5.13% 7-day yeild
• Paypal Money Market Fund - 5.04% 7-day yield (1% cashback debit MasterCard)
• Fidelity Money Market Fund - 5.02% 7-day yield ($100 bonus and other info)
• FW Thread on Treasury Bills
• I Bond Rate Starting Nov 2006, I Bond Article, I Bonds as CD Alternatives

Historical Rates from the Federal Reserve (Federal funds, Treasury bills, CD's)