Bank Deals Weekly Summary for August 25, 2007

Quick Link for Rates

The financial markets seemed calmer this week, but according to this Financial Times article, raising short-term financing remains difficult for many companies. With growing concerns about this effect on the economy, the chance of a cut in the Fed funds rate next month is becoming more likely. We're already seeing large drops in Treasury yields. Investors are continuing to be concerned that the collateral for the commercial paper might be contaminated by bad subprime mortgage bonds. So the flight to the safety of T-bills has continued which is pushing their yields way down.

The recent drops in short-term T-Bill yields are showing up in money market accounts that are indexed to T-Bills. For example, Corus Bank's money market account is indexed to the 3-month T-Bill. This week, its yield fell from 4.72% to 2.88% APY. Tennessee Commerce Bank's money market accounts are indexed to the 6-month T-Bill. Its yield fell from 4.79% to 3.97% APY. Indexing to T-Bills use to make these money market accounts fairly attractive. Earlier in the year, the Corus money market account had yields over 5%. But now it's a different story.

With the signs pointing to lower interest rates later in the year, many banks seem to be responding with lower savings account and CD rates. AmTrustDirect lowered the yield on its e-Money Market account from 5.36% to 5.31% APY this week. Their 5.36% APY yield had been rock solid for most of this year. CD rates at several banks continued to fall this week. CD rate drops occurred this week at AmTrustDirect, UFB Direct, GMAC, UmbrellaBank, ETrade, and Ascencia.

Banks that are part of major mortgage lenders continue to offer some competitive rates. Countrywide did another small rate increase on its 6-month CD yesterday. It's now at 5.55% APY. Countrywide's savingslink account still has 5.50% APY on balances over $10K and Indymac Bank's Internet First Rate Money Market is still at 5.75% APY for balances over $25K. WaMu started advertising a new 5.45% APY 8-month Add-On CD in certain states. They're still offering 5.50% APY 6-month online CDs.

KeyDirect raised the yield on their money market account this week from 5.25% to 5.35% APY. They also raised yields a little on its long term CDs. E-LOAN introduced a new 3-month term CD with a yield of 5.55% APY which currently matches its 5-year CD yield. E-LOAN dropped rates on its 6 and 12 month terms. Likewise, Bank of Internet both lower and raised rates on its CDs. Its 5-year yield is now the leader for banks at 5.56% APY.

Recap for the Week

I thought it may be useful to create a recap section as a categorized list of last week's posts so you can quickly find current deals and topics of interest. I'll continue to organize into lists the national savings accounts and CD rates and the local CD rates. CD rates have been changing fast so be sure to check with the bank or credit union. If you see that a rate has changed, please leave a comment.

Banking News and Resources

• Mortgage Lenders Raising Yields on Savings Accounts and CDs
• Exceeding the $100K FDIC/NCUA Limits with POD's - Use Caution
• Large Drops in Short-Term Treasury Bill Yields
• Countrywide Tries to Soothe Fears with National Ads and High Rates

Savings Accounts - National

• AmTrustDirect e-Money Market Yield Falls to 5.31%
• KeyDirect Raises Money Market Account Yield to 5.35%

CD Deals - National

• E-LOAN Offers 3-Month CD with 5.55% Yield
• Countrywide Bank Raises Rates Again on CDs and Savings Account
• 5.45% 8-Month Add-On CD at WaMu
• 5.64% 12-Month CD at GTE Federal Credit Union - Easy Membership
• 5.45% 7-Month CD at Chase Bank

Credit Card Bonuses - National

• $75 Bank of America MasterCard Bonus

CD Deals - Local

• 5.64% 24-Month CD at a Michigan Bank (Keystone Community)
• 5.64% 5-Month CD at a Connecticut CU - w/DD (First New England)
• 5.50% 24-Month CD at a Washington DC Credit Union Continues (Signal Financial)
• 5.66% 5-Month CD at a Wachovia Branch in Dallas
• 10% 12-Month CD at a California CU - $1K Max (Meriwest) - Expired
• 6.00% 60-Month CD at an Ohio CU (Toledo Area Community)
• 5.60% 14-Month / 5.55% 7-Month CD at an Illinois Bank (Southern Trust)
• 5.80% 48-Month / 5.70% 30-Month CD at a Texas/Arizona CU (Southwest Airlines FCU)
• 5.50% 18-Month / 5.65% 60-Month CD at a WA State Bank Continues (Westsound)
• 5.60% 45-Month / 5.50% 9-Month CD at a California CU (The Golden 1)

High Yield Reward Checking Accounts - Local

• 6.01% Reward Checking Account at a Louisiana Bank (Ouachita Independent)
• 6.01% Reward Checking Account at a Michigan Bank (Monroe Bank & Trust)
• 6.01% Reward Checking Account at a Colorado Bank (Home State)
• 6.00% Reward Checking Account at a Florida Panhandle CU (Tyndall)

Checking Account Bonuses - Local

• $101 Checking Account Bonus at Sterling Savings Bank
• $100 Checking Account Bonus at First Tennessee Bank (No Direct Deposit Needed)
• $100 Checking/Savings Account Bonus at Guaranty Bank

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 Aug 18th, Aug 11th, Aug 4th, July 28th, July 21st, July 14th, July 7th and Jun 30th.

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 August 25, 2007

Checking/Savings/Money Market Accounts:

• Checking/Savings Account Bonuses
• The Best Checking Accounts - Including Reward Checking

• FNBO Direct - 6.00% (until 9/28) my post
• UmbrellaBank - 6.00% (min $100), 3mo promo, my post
• Indymac Bank - 5.75% (min $25K), my post
• Countrywide - 5.50% (min $10K), my post
• KeyDirect - 5.35% MMA (min $50), my post
• BankUnited - 5.35% (min $5K), my post
• UFB Direct - 5.31%, my post
• AmTrustDirect - 5.31%, 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
• Flagstar - 5.30% MMA, my post
• grand yield direct - 5.27% (min $2.5K) my post
• WTDirect - 5.26% ($10K min), 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
• Discover Bank - 5.20% MMA (min $10K)(5.35% for $50K+)
• CapitalOne/Costco - 5.20% MMA (min $5K, Costco members only, $50 deal for exec. members)
• FirstFedDirect - 5.16% (min $1K) (closed to CA residents), my post
• Savings Square - 5.10%, my post
• Mutual Bank - 5.10% MMA (min $5K), 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
• ebank - 5.00% Checking ($2.5K min), my post
• Salem Five Direct - 5.00% Checking (5.20% $25K+), my post
• Washington Mutual - 5.00% (requires checking), my post
• Capital One - 5.00% MMA, my post
• UmbrellaBank.com - 4.95% MMA (min $1K), my post
• Bank of America AAA/NEA - 4.90% MMA ($10K min) (5.16% for $50K+) my post
• MyBankingDirect - 4.75% MMA (min $5K), my post
• Self-Help Credit Union - 4.69% 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%, (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
• Tennessee Commerce Bank - 3.97% (min $10K), my post
• Corus Bank - 2.88% MMA (min $10K to open)

3-Month Certificates of Deposit:

• UniBank - 5.65% (min $1K), my post
• E-LOAN - 5.55% ($10K min), my post
• National Bank of KC - 5.50% (min $10K), my post
• Countrywide - 5.50% (min $10K), my post
• UmbrellaBank.com - 5.35% (min $1K)
• Imperial Capital - 5.35%, ($2K min), my post
• UFB Direct - 5.31% (min $8K)
• FirstFedDirect - 5.26% (min $10K), my post
• Element Financial - 5.15% (min $5K), my post
• GMAC Bank - 5.15% (min $500), my post
• VirtualBank - 5.13% (min $10K), my post
• ETrade Bank - 5.00% (min $1K), my post
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• EverBank - 5.00% ($1.5K min)
• IndyMac Bank - 5.00% (min $5K), my post
• Self-Help Credit Union - 4.58% (min $500), my post
• Corus Bank - 2.88% (min $10K)

6-Month Certificates of Deposit:

• NASA FCU - 5.65% (7 months) (min $5K), my post
• Countrywide - 5.55% (min $10K), my post
• IndyMac Bank - 5.55% (5 month) (min $5K), my post
• CU of Georgia - 5.55% (min $50K), my post
• National Bank of KC - 5.50% (min $10K), my post
• Washington Mutual - 5.50% (min $1K), my post
• UmbrellaBank.com - 5.42% (min $1K)
• World Savings - 5.41% (5 months) (min $10K), my post
• Corus Bank - 5.40% (min $10K)
• NetBank - 5.40% (min $1K)
• FirstFedDirect - 5.38% (min $10K), my post
• Ascencia Bank - 5.38% (min $500), my post
• Bank of Internet - 5.37% (min $1K) my post
• AmTrustDirect - 5.36% (min $1K) my post
• UniBank - 5.35% (min $1K), my post
• Imperial Capital - 5.30%, ($2K min), my post
• iGobanking - 5.30% (min $500), my post
• Tennessee Commerce Bank - 5.30% (min $5K)
• Flagstar - 5.26% (min $500), my post
• Element Financial - 5.25% (min $5K), my post
• KeyDirect - 5.25% (min $5K), my post
• Intervest - 5.25% (min $2.5K), my post
• Western FCU - 5.25% (min $40K), my post
• Northrop Grumman FCU - 5.25% (min $40K), my post
• UFB Direct - 5.20% (min $8K)
• E-LOAN - 5.20% ($10K min), my post
• GMAC Bank - 5.15% (min $500), my post
• ETrade Bank - 5.15% (min $1K), my post
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• ING Direct - 5.15%, my post
• VirtualBank - 5.13% (min $10K), my post
• EmigrantDirect - 5.10% (min $1K)
• EverBank - 5.10% ($1.5K min)
• Wells Fargo - 4.90% (5 months) (min $5K), rate and min vary by state, my post
• Self-Help Credit Union - 4.79% (min $500), my post

9-Month Certificates of Deposit:

• National Bank of KC - 5.50% (min $10K), my post
• Air Force FCU - 5.50% (min $1K) restrictions to membership, my post
• Patelco CU - 5.50% ($1K min), not NCUA insured, my post
• Countrywide - 5.50% (min $10K), my post
• Washington Mutual - 5.45% (8 month) ($5K min), not available in all states, my post
• Bank of Internet - 5.41% (min $1K) my post
• World Savings - 5.41% (8 months) branch-only (min $10K), my post
• iGobanking - 5.40% (8 months) (min $500), my post
• AmTrustDirect - 5.31% (min $1K) my post
• FirstFedDirect - 5.30% (min $10K), my post
• Imperial Capital - 5.25% ($2K min), my post
• UmbrellaBank.com - 5.25% (min $1K)
• Element Financial - 5.22% (min $5K), my post
• ING Direct - 5.15%, my post
• GMAC Bank - 5.15% (min $500), my post
• VirtualBank - 5.13% (min $10K), my post
• EverBank - 5.10% ($1.5K min)
• EmigrantDirect - 5.10% (min $1K)
• IndyMac Bank - 5.00% (min $5K), my post

12-Month Certificates of Deposit:

• CU of Georgia - 5.67% (min $50K), my post
• Countrywide - 5.65% (min $10K), my post
• IndyMac Bank - 5.51% (min $5K), my post
• National Bank of KC - 5.50% (min $10K), my post
• Bank of Internet - 5.44% (min $1K) my post
• Corus Bank - 5.42% (min $10K)
• FirstFedDirect - 5.41%, (min $10K) my post
• NetBank - 5.40% (min $1K), my post ($100 bonus)
• Tennessee Commerce Bank - 5.40% (min $5K)
• GTE FCU - 5.38% (min $500) my post
• Mutual Bank - 5.35% (min $2.5K) my post
• Imperial Capital - 5.35% ($2K min), my post
• Melrose CU - 5.35% (min $5K) my post
• UniBank - 5.35% (min $1K), my post
• Intervest - 5.32% (min $2.5K), my post
• AmTrustDirect - 5.31% (min $1K) my post
• La Jolla Bank - 5.30% (min $10K), my post
• Air Force FCU - 5.30% (min $12.5K) restrictions to membership, my post
• iGobanking - 5.30% (min $500), my post
• Discover Bank - 5.30% (min $2.5K)
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• Flagstar - 5.25% (min $500), my post
• Element Financial - 5.21% (min $5K), my post
• Navy FCU - 5.20% ($20K min) restrictions to membership, my post
• E-LOAN - 5.20% ($10K min), my post
• Ascencia Bank - 5.19% (min $500), my post
• Transportation Alliance Bank - 5.18% ($1K min)
• ING Direct - 5.15%, my post
• AmboyDirect - 5.15% (min $10K), my post
• GMAC Bank - 5.15% (min $500), my post
• Western FCU - 5.14% (min $40K), my post
• Northrop Grumman FCU - 5.14% (min $40K), my post
• EverBank - 5.13% ($1.5K min)
• Self-Help Credit Union - 5.10% (min $500), my post
• EmigrantDirect - 5.10% (min $1K)
• KeyDirect - 5.10% (min $5K), my post
• Washington Mutual - 5.10% (min $1K), my post
• ETrade Bank - 5.05% (min $1K), my post
• UmbrellaBank.com - 5.00% (min $1K)
• UFB Direct - 4.95% (min $8K)
• VirtualBank - 4.86% (min $10K), my post

18-Month Certificates of Deposit:

• National Bank of KC - 5.50% (min $10K), my post
• Bank of Internet - 5.37% (min $1K) my post
• E-LOAN - 5.36% ($10K min), my post
• Intervest - 5.35% (min $2.5K), my post
• NetBank - 5.35% (min $1K), my post ($100 bonus)
• Tennessee Commerce Bank - 5.34% (min $5K)
• iGobanking - 5.30% (min $500), my post
• Discover Bank - 5.30% (min $2.5K)
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• Element Financial - 5.15% (min $5K), my post
• EverBank - 5.13% ($1.5K min)
• GMAC Bank - 5.10% (min $500)
• Countrywide - 5.10% (min $10K)
• EmigrantDirect - 5.10% (min $1K)
• ING Direct - 5.00%, my post
• AmTrustDirect - 5.00% (min $1K) my post
• ETrade Bank - 4.90% (min $1K), my post
• VirtualBank - 4.86% (min $10K), my post

24-Month Certificates of Deposit:

• CU of Georgia - 5.71% (min $50K), my post
• National Bank of KC - 5.50% (min $10K), my post
• Mutual Bank - 5.47% (min $5K) my post
• Bank of Internet - 5.42% (min $1K) my post
• E-LOAN - 5.41% ($10K min), my post
• Air Force FCU - 5.40% (min $12.5K) restrictions to membership, my post
• Intervest - 5.38% (min $2.5K), my post
• Tennessee Commerce Bank - 5.37% (min $5K)
• Navy FCU - 5.30% ($20K min) restrictions to membership, my post
• Discover Bank - 5.30% (min $2.5K)
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• Melrose CU - 5.25% (min $5K) my post
• Transportation Alliance Bank - 5.18% ($1K min)
• Element Financial - 5.15% (min $5K), my post
• VirtualBank - 5.13% (min $10K), my post
• Presidential Bank - 5.13% (min $1K)
• Ascencia Bank - 5.11% (min $500), my post
• KeyDirect - 5.10% (min $5K), my post
• GMAC Bank - 5.05% (min $500)
• EverBank - 5.00% ($1.5K min)
• AmTrustDirect - 5.00% (min $1K) my post
• Western FCU - 4.92% (min $40K), my post
• Northrop Grumman FCU - 4.92% (min $40K), my post
• UFB Direct - 4.90% (min $8K)
• Self-Help Credit Union - 4.85% (min $500), my post
• Washington Mutual - 3.70% (min $1K), my post

36-Month Certificate of Deposit:

• CU of Georgia - 5.76% (min $50K), my post
• National Bank of KC - 5.50% (min $10K), my post
• Air Force FCU - 5.50% (min $12.5K) restrictions to membership, my post
• Mutual Bank - 5.47% (min $5K) my post
• Bank of Internet - 5.43% (min $1K) my post
• Intervest - 5.42% (min $2.5K), my post
• E-LOAN - 5.41% ($10K min), my post
• First State Bank - 5.35% ($1K min), my post
• Navy FCU - 5.35% ($20K min) restrictions to membership, my post
• Discover Bank - 5.30% (min $2.5K)
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• Melrose CU - 5.25% (min $5K) my post
• Transportation Alliance Bank - 5.18% ($1K min)
• Element Financial - 5.15% (min $5K), my post
• VirtualBank - 5.13% (min $10K), my post
• Countrywide - 5.10% (min $10K)
• EmigrantDirect - 5.10% (min $1K)
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• KeyDirect - 5.10% (min $5K), my post
• Washington Mutual - 5.10% (min $1K), my post
• GMAC Bank - 5.05% (min $500)
• Pentagon Federal CU - 5.00% (min $1K), my post
• EverBank - 5.00% ($1.5K min)
• AmTrustDirect - 5.00% (min $1K) my post
• Western FCU - 4.98% (min $40K), my post
• Northrop Grumman FCU - 4.98% (min $40K), my post
• UFB Direct - 4.95% (min $8K)
• Agriculture FCU - 4.95% (min $1K), my post
• Self-Help Credit Union - 4.87% (min $500), my post
• ETrade Bank - 4.80% (min $1K), my post

48-Month Certificate of Deposit:

• CU of Georgia - 5.81% (min $50K), my post
• National Bank of KC - 5.50% (min $10K), my post
• Bank of Internet - 5.46% (min $1K) my post
• Intervest - 5.45% (min $2.5K), my post
• E-LOAN - 5.41% ($10K min), my post
• Navy FCU - 5.40% ($20K min) restrictions to membership, my post
• First State Bank - 5.35% ($1K min), my post
• NetBank - 5.35% (min $1K), my post ($100 bonus)
• Discover Bank - 5.30% (min $2.5K)
• Melrose CU - 5.25% (min $5K) my post
• KeyDirect - 5.20% (min $5K), my post
• Transportation Alliance Bank - 5.18% ($1K min)
• Element Financial - 5.15% (min $5K), my post
• Washington Mutual - 5.15% (min $1K), my post
• VirtualBank - 5.13% (min $10K), my post
• USA FCU - 5.12% (min $1K) my post
• Countrywide - 5.10% (min $10K)
• EmigrantDirect - 5.10% (min $1K)
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• GMAC Bank - 5.10% (min $500)
• Western FCU - 5.08% (min $40K), my post
• Northrop Grumman FCU - 5.08% (min $40K), my post
• Agriculture FCU - 5.05% (min $1K), my post
• Pentagon Federal CU - 5.00% (min $1K), my post
• EverBank - 5.00% ($1.5K min)
• Self-Help Credit Union - 4.92% (min $500), my post

60-Month Certificate of Deposit:

• CU of Georgia - 5.86% (min $50K), my post
• Bank of Internet - 5.56% (min $1K) my post
• E-LOAN - 5.55% ($10K min), my post
• National Bank of KC - 5.50% (min $10K), my post
• Air Force FCU - 5.50% (min $12.5K) restrictions to membership, my post
• Navy FCU - 5.50% ($20K min) restrictions to membership, my post
• Intervest - 5.50% (min $2.5K), my post
• Melrose CU - 5.41% (min $5K) my post
• Discover Bank - 5.36% (min $2.5K)
• First State Bank - 5.35% ($1K min), my post
• NetBank - 5.35% (min $1K), my post ($100 bonus)
• KeyDirect - 5.30% (min $5K), my post
• Element Financial - 5.30% (min $5K), my post
• USA FCU - 5.27% (min $1K) my post
• Western FCU - 5.19% (min $40K), my post
• Northrop Grumman FCU - 5.19% (min $40K), my post
• Transportation Alliance Bank - 5.18% ($1K min)
• GMAC Bank - 5.15% (min $500)
• VirtualBank - 5.13% (min $10K), my post
• Presidential Bank - 5.13% (min $1K)
• Countrywide - 5.10% (min $10K)
• EmigrantDirect - 5.10% (min $1K)
• Agriculture FCU - 5.10% (min $1K), my post
• UFB Direct - 5.05% (min $8K)
• EverBank - 5.05% ($1.5K min)
• Pentagon Federal CU - 5.00% (min $1K), my post
• ebank - 5.00% (min $1K), 5.35% for ePremium checking customers
• AmTrustDirect - 5.00% (min $1K) my post
• ETrade Bank - 5.00% (min $1K), my post
• Self-Help Credit Union - 4.98% (min $500), my post
• Washington Mutual - 4.25% (min $1K), my post

84-Month Certificate of Deposit:

• KeyDirect - 5.60% (min $5K) (5.90% for $50k+ and 10yr), my post
• Navy FCU - 5.60% ($20K min) restrictions to membership, my post
• Intervest - 5.51% (min $2.5K), 5.55% for 10yr, my post
• Countrywide - 5.10% (min $10K)
• EmigrantDirect - 5.10% (min $1K)
• Pentagon Federal CU - 5.00% (min $1K), my post

High Rates with Conditions or Large Balances - Open to All

• Latest CD and Savings Account Deals with No Major Deposit Limitiations
• 6.01% Reward Checking Account at State Bank of Toledo
• 6.01% Reward Checking Account at Provident Credit Union
• 6.01% Reward Checking Account at Consumers Credit Union
• 6.01% Everbank 3-month intro rate on checking account
• 5.60% Reward Checking Account at First National Bank
• 5.39% Money Market Account at Bank of America with $50K+
• 5.30% Personal and Business Money Market Account with $100K balance

Checking and Saving Accounts at Local Banks/Credit Unions

• Local High Yield Reward Checking Accounts
• 6.00% 6-Month Money Market Promo at a American Bank of New Jersey Branch
• 6.00% 3-Month Money Market Promo at Amboy (New Jersey)
• 5.50% No-Minimum Online Savings Account (New York)
• 5.39% Savings Account tied to Prime Rate (Ohio)
• 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
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• Michigan deals and CD rates
• Missouri deals and CD rates
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• Nevada deals and CD rates
• New Hampshire deals and CD rates
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• North Carolina deals and CD rates
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• 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

• 6.05% 60-Month CD at a Indiana CU (Horizon One)
• 6.04% 60-Month CD at a Multi-State CU (Bayer Heritage)
• 6.00% 60-Month CD at a Nevada CU (WestStar)
• 6.00% 60-Month CD at a Ohio CU (Toledo Area Community)
• 6.00% 61-Month CD at a Michigan CU (Telcom)
• 6.00% 60-Month CD at a Indiana CU (Indiana Members)
• 6.00% 60-Month CD at a Ohio Credit Union (CES)
• 5.92% 60-Month CD at a Maryland CU (Prince George's Community)
• 5.76% 60-Month CD at a California CU (Bay Federal)
• 5.65% 60-Month CD at a Central Florida CU (Fairwinds)
• 5.65% 60-Month CD at a WA State Bank Continues (Westsound)
• 5.65% 60-Month CD at a Pennsylvania CU (Diamond)
• 5.59% 60-Month CD at a Florida CU (CFE)
• 5.50% 60-Month CD at a Texas Bank (Main Street)

Terms of 24 Months to Under 60 Months

• 6.17% 50-Month CD at a New York CU (CFCU Community)
• 5.90% 48-Month CD at a Multi-State CU (Bayer Heritage)
• 5.80% 48-Month CD at a Texas/Arizona CU (Southwest Airlines FCU)
• 5.75% 36-Month CD at a Connecticut CU - $16K Max/Variable (CorePlus)
• 5.70% 30-Month CD at a Texas/Arizona CU (Southwest Airlines FCU)
• 5.70% 30-Month CD at a Illinois Bank (Belvidere)
• 5.69% 25-Month CD at a Pennsylvania CU (Galaxy)
• 5.67% 27-Month CD at a Virginia Bank (Select Bank)
• 5.66% 24-Month CD at a Texas CU (River City)
• 5.65% 30-Month CD at a TN/AR/MS Credit Union (American Savings)
• 5.64% 24-Month CD at a Michigan Bank (Keystone Community)
• 5.61% 24-Month CD at a Maryland CU (Prince George's Community)
• 5.60% 45-Month CD at a California CU (The Golden 1)
• 5.60% 24-Month CD at a New York Bank (LibertyPointe)
• 5.54% 36-Month CD at a Florida CU (CFE)
• 5.51% 24-Month CD at a New Jersey Bank (SussexBank)
• 5.50% 36-Month CD at a Connecticut CU (Connex)
• 5.50% 24-Month CD at a Washington DC Credit Union Continues (Signal Financial)
• 5.50% 48-Month CD at a Pennsylvania CU (Diamond)
• 5.50% 48-Month CD at a Alabama CU (America's First)

Terms of 12 Months to Under 24 Months

• 6.00% 13-Month CD at a Colorado Bank (Bank of Choice)
• 6.00% 12-Month CD at a Oregon CU (OnPoint Community)
• 5.80% 13-Month CD at a Northern California CU (Lassen County)
• 5.75% 15-Month CD at a Minnesota CU (Greater Minnesota)
• 5.75% 12-Month CD at a Georgia Bank Continues (Alpha)
• 5.70% 18-Month CD at a Colorado Bank (New Frontier)
• 5.70% 13-Month CD at a Florida Bank (Hillcrest)
• 5.68% 13-Month CD at a Chicago Bank (American Metro)
• 5.67% 15-Month CD at a Texas Bank (First Community Bank San Antonio)
• 5.66% 12-Month CD at a Texas CU (River City)
• 5.65% 18-Month CD at a Georgia Bank (Integrity)
• 5.65% 15-Month CD at a Arizona CU (Arizona Federal)
• 5.64% 12-Month CD at a Texas CU (Baptist Credit Union)
• 5.64% 20-Month CD at a New York CU (CFCU Community)
• 5.60% 12-Month CD at a Missouri Bank (St. Louis Bank)
• 5.60% 12-Month CD at a Colorado Bank (New Frontier)
• 5.60% 21-Month CD at a Pennsylvania CU (Tri Boro)
• 5.60% 12-Month CD at a Central Florida CU (Fairwinds)
• 5.60% 14-Month CD at a Illinois Bank (Southern Trust)
• 5.60% 18-Month CD at a Texas Bank (First National Bank Southwest)
• 5.60% 18-Month CD at a TN/AR/MS Credit Union (American Savings)
• 5.59% 12-Month CD at a Kansas/Missouri Bank (SolutionsBank)
• 5.55% 12-Month CD at a Dallas Bank (Texas Leadership)
• 5.55% 12-Month CD at a DC Bank (Washington First)
• 5.55% 18-Month CD at a Delaware Bank (Community Bank Delaware)
• 5.55% 12-Month CD at a Tennessee/Virginia CU (Appalachian Community)
• 5.54% 12-Month CD at a Texas Credit Union (Gulf Coast)
• 5.50% 12-Month CD at a California CU (Bay Federal)
• 5.50% 17-Month CD at a Pennsylvania CU (Tri Boro)
• 5.50% 18-Month CD at a WA State Bank Continues (Westsound)
• 5.50% 18-Month CD at a Texas Bank (Main Street)
• 5.50% 15-Month CD at a Florida Bank (Old Cypress Community)
• 5.50% 13-Month CD at a Pennsylvania CU (Tri Boro)
• 5.50% 12-Month CD at a Florida Bank (Bay Cities)
• 5.50% 12-Month CD at a New York Bank (LibertyPointe)
• 5.50% 12-Month CD at a Dallas Bank (First National)
• 5.50% 21-Month CD at a Florida CU (Suncoast Schools)
• 5.50% 21-Month CD at a Indiana CU (Forum)
• 5.50% 17-Month CD at a Indiana CU (Forum)
• 5.40% 12-Month CD at a Texas Bank (First National Bank Southwest)

Terms of Under 12 Months

• 10.00% 10-Month CD at a Illinois CU - $1K Max (Earthmover)
• 9.00% 9-Month CD at a Colorado CU - $2K Max (Elevations)
• 7.00% 7-Month CD at a Texas CU - $2.5K Max (Beacon)
• 7.00% 6-Month CD at a CA Credit Union - $5K Max (Pacific Service)
• 7.00% 7-Month CD at a Multi-State CU - $7K Max (Chartway)
• 7.00% 6-Month CD at a West Virginia CU - $5K Max/Youth (Star USA)
• 6.14% 6-Month CD at a Virginia Credit Union (AB & W)
• 6.00% 7-Month CD at a California CU - Updated Promo (Cal State 9)
• 6.00% 5-Month CD at a New Jersey Bank (Valley National)
• 6.00% 7-Month CD at a New Jersey/New York CU (McGraw-Hill Employees)
• 6.00% 6-Month CD at a Pennsylvania CU (Hershey)
• 6.00% 5-Month CD at a Connecticut CU - $16K Max/Variable (CorePlus)
• 6.00% 6-Month CD at a Georgia Bank Continues (Alpha)
• 6.00% 5-Month CD at a Illinois Bank (Advantage National)
• 6.00% 6-Month CD at a California Credit Union (Tech CU)
• 6.00% 6-Month CD at a Florida Bank (Old Cypress Community)
• 6.00% 7-Month CD at a Minnesota Bank (First National Bank)
• 5.90% 10-Month CD at a Georgia Bank (Integrity)
• 5.90% 6-Month CD at a Florida CU (Tropical Financial) - and 5.07% Savings Account
• 5.75% 9-Month CD at a DC Metro Area Bank (Fidelity & Trust)
• 5.75% 7-Month CD at a Oregon CU (Rivermark)
• 5.75% 8-Month CD at a South Florida CU (BrightStar)
• 5.66% 5-Month CD at a Wachovia Branch in Dallas
• 5.65% 3-Month CD at a WA State Bank - Available Nationally (UniBank)
• 5.65% 9-Month CD at a Washington State CU (Great NorthWest)
• 5.64% 5-Month CD at a Connecticut CU - w/DD (First New England)
• 5.61% 6-Month CD at a Wisconsin Bank (Town Bank)
• 5.60% 6-Month CD at a Missouri Bank (St. Louis Bank)
• 5.60% 7-Month CD at a Los Angeles/New York CU (First Entertainment)
• 5.60% 7-Month CD at a Florida Credit Union Continues (Duval)
• 5.59% 9-Month CD at a Kansas/Missouri Bank (SolutionsBank)
• 5.55% 5-Month CD at a Illinois Credit Union (CEFCU)
• 5.55% 6-Month CD at a Central Florida CU (Fairwinds)
• 5.55% 6-Month CD at a Massachusetts Bank (Danvers)
• 5.55% 7-Month CD at a Illinois Bank (Southern Trust)
• 5.55% 5-Month CD at a Illinois Bank Plus iPod nano or $200 Checking Account Bonus (Evergreen Private Bank)
• 5.55% 7-Month CD at a Florida Bank (Encore)
• 5.55% 11-Month CD at a South Florida Bank (Legacy Bank)
• 5.50% 7-Month CD at a Florida Bank (Hillcrest)
• 5.50% 9-Month CD at a California CU (The Golden 1)
• 5.50% 9-Month CD at a Montana CU (Valley)
• 5.50% 9-Month CD at a Maine Credit Union (cPort)
• 5.50% 5-Month CD at a Tennessee Credit Union (UT FCU)
• 5.50% 7-Month CD at a California Bank (Community 1st)
• 5.50% 6-Month CD at a South Florida CU (Peoples)
• 5.47% 11-Month CD at a Virginia Bank (Select Bank)
• 5.46% 6-Month CD at a Wachovia in Southern California
• 5.45% 9-Month CD at a DC Bank (Washington First)

Bank Account Alternatives

• Money Magazine article on risk-free investments
• Vanguard Prime Money Market Fund - 5.09% 7-day yield
• Fidelity Money Market Fund - 5.05% 7-day yield ($100 bonus and other info)
• TIAA-CREF Money Market Fund - 5.05% 7-day yeild
• Paypal Money Market Fund - 5.04% 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

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