Bank Deals Weekly Summary for August 4, 2007

Quick Link for Rates

The Fed will be meeting once again next week. The Fed is widely expected to hold the rates steady again. However, with the recent stock market declines and the concerns about consumer debt, it's getting to look more likely that we may see the Fed cutting rates at the end of the year or early next year. As this CNN article explains, there's a question about how serious the problems are in the mortgage market and how much inflation pressures exist. If the housing market problems become more severe than what was anticipated, it could hurt consumer spending and lead to a recession. That would lead the Fed to cut rates sooner. However, if inflation persists, the Fed may have to continue to hold rates steady or even start raising rates.

The worries of a possible economic slowdown seems to be having an effect on long term CD rates. Like last week, several banks lowered CD rates, especially on the longer terms. The yield curve is once again becoming more inverted. CD rates dropped at UFB Dirct, GMAC, Countrywide, Transportation Alliance, ETrade, Indymac, Netbank and Element Financial.

Savings and Checking Account Updates

Savings accounts and money market rates continue to hold steady overall. There was a little surprise this week at Capital One. They raised the rates on their online money market accounts to what they were in April. The CapitalOne/Costco MMA yield increased from 5.00% to 5.20% APY and the High Yield Money Market yield increased from 4.75% to 5.00% APY (see post).

WaMu has started a new type of savings account that pays 7% APY. As you might suspect, there's a catch. It's intended to be an account to help people save. You're only allowed a maximum deposit of $500 per month for 12 months. At the end of the year, the money is moved out to a sweeps account. It reminds me of Bank of America's Keep the Change program. For those trying to slowly build savings, it could be useful. It's currently available in only some states, but it will be rolled out to others starting in September (see post).

Salem Five Direct ended its 6.10% introductory promo on its new eOne checking account. It had offered 6.10% APY for the first 2 months for deposits over $100K. Now, you'll just earn the standard 5.30% APY for balances over $100K.

Banks continue to get more competition from brokerages. Early this year Charles Schwab introduced a free checking account with a 4.25% APY that's FDIC insured. Now Fidelity Investments has just recently introduced a free checking account called mySmart Cash Account. It pays only 3.50% APY, but it has many features that make this a competitive checking account such as free checks, ATM fee refunds and online bill pay. There's no minimum balance requirements or monthly fees. For those who already have a Fidelity brokerage account for investments, an account like this can make having a checking account at a bank unnecessary (see post).

This online competition from banks and brokerages should give small banks and credit unions more reason to offer high yield reward checking accounts. I posted on more local 6.01% reward checking accounts this week. Coulee Bank in Wisconsin (see post) and Eastwood Bank in Minnesota (see post) are both offering 6.01% APY for balances up to $25K when the typical reward checking requirements are met. Eastwood Bank has an online application for its reward checking that is available to those Wisconsin and Iowa in addition to Minnesota.

CD Deals

I was worried that with the new month some of these CD deals would end. But many nationally available ones have continued. NASA FCU continued to offer its 5.65% APY 7-month CD, and Navy FCU still has its 6.00% APY 10-month CD. VirtualBank still has a 5.55% APY on its 12-month CD.

I've added a new credit union to my nationwide CDs. It's the Credit Union of Georgia. Anyone can join via membership in an association. It currently has very competitive CD rates for minimum balances of $50K. The yields range from 5.55% APY on a 6-month term to 5.86% APY on a 60-month term (see post).

Local 6% CD Deals

There are still several local 6% CD deals. Cal State 9 Credit Union of Calfornia still has its 6% APY 7-month CD special. But it has made changes to it. The maximum deposit is now $50K, and it's only available to new members (see post). Horizon One FCU of Indiana is offering a 6.05% APY 60-month CD (see post) and a New Jersey branch of Valley National Bank is offering a 6% 5-month CD (see post).

Local 7% CD Deals

The best local deal continues to be at Clackamas Community FCU in Oregon. They're offering a 7.79% APY 5-month CD with no deposit cap (see post). Another 7% deal is still available at Chartway FCU, but this one has a $7K deposit cap unless you can refer new members (see post).

For more local CD deals, refer to my local CD deal section below.

Checking Account Bonuses

This week I posted on a new $100 Chase checking account bonus that's available online (see post) and a new $75 ETrade checking acocunt bonus (see post). As always, "your miles may vary" with these bonuses. To see all the latest bonuses, please refer to my bank bonus page

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 July 28th, July 21st, July 14th, July 7th, Jun 30th, Jun 23rd, Jun 16th and Jun 9th.

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 4, 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
• AmTrustDirect - 5.36%, my post
• BankUnited - 5.35% (min $5K), my post
• UFB Direct - 5.31%, my post
• Flagstar - 5.30% MMA, my post
• GMAC Bank - 5.30% MMA (min $500), my post
• iGobanking - 5.30%, my post
• Zions Bank - 5.30% MMA, outside of Utah, (min $1K) (5.36% $50K+), my post
• OneUnited - 5.30% (min $1K), my post
• grand yield direct - 5.27% (min $2.5K) my post
• WTDirect - 5.26% ($10K min), my post
• E-LOAN - 5.25% ($5K min), my post
• Transportation Alliance Bank - 5.25% (5.15% for MMA), ($25 min), my post
• Presidential Bank - 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
• CapitalOne/Costco - 5.20% MMA (min $5K, Costco members only, $50 deal for exec. members)
• Discover Bank - 5.20% MMA (min $10K)(5.35% for $50K+)
• Direct Huntington - 5.20% ($1K min), my post
• FirstFedDirect - 5.16% (min $1K) (closed to CA residents), my post
• Bank of America AAA/NEA - 5.11% MMA ($10K min) (5.37% for $50K+) my post
• Mutual Bank - 5.10% MMA (min $5K), my post
• Savings Square - 5.10%, my post
• EmigrantDirect - 5.05%, my post
• HSBC Direct - 5.05% ($50 related bonus) my post
• ETrade Bank - 5.05%, my post ($25 bonus)
• AmboyDirect - 5.05% (5.10% for $20K+), my post ($25 bonus)
• UnivestDirect - 5.05%, (4% checking), my post
• Heartland Bank Direct - 5.05%, ($500 min), my post ($50 bonus)
• EverBank - 5.01% ($1.5K min), 6.01% 3-mo promo, my post
• Capital One - 5.00% MMA, my post
• Washington Mutual - 5.00% (requires checking), my post
• Salem Five Direct - 5.00% Checking (5.20% $25K+), my post
• ebank - 5.00% Checking ($2.5K min), my post
• Indymac Bank - 5.00% ($10K min)
• PFF Bank and Trust - 5.00% (min $1K), my post
• Citibank - 5.00%, requires checking account and bill pay usage, my post ($100 bonus)
• UmbrellaBank.com - 4.95% MMA (min $1K), my post
• Corus Bank - 4.93% MMA (min $10K to open)
• Tennessee Commerce Bank - 4.91% (min $10K), 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)
• NetBank - 4.50% MMA ($500 min), 6-month intro rate, my post ($250 deal)
• ING Direct - 4.50%, (4% checking), my post ($25 bonus)
• GE Money - 4.50% (min $4K), (5.05% for $15K+), my post ($25 bonus)
• 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:

• IndyMac Bank - 5.46% (min $5K), my post
• Countrywide - 5.35% (min $10K), my post
• VirtualBank - 5.34% (min $10K), my post
• UFB Direct - 5.31% (min $8K)
• Imperial Capital - 5.30%, ($2K min), my post
• FirstFedDirect - 5.26% (min $10K), my post
• National Bank of KC - 5.25% (min $10K), my post
• UmbrellaBank.com - 5.25% (min $1K)
• GMAC Bank - 5.15% (min $500), my post
• Element Financial - 5.15% (min $5K), my post
• EverBank - 5.00% ($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 - 4.98% (min $500), my post
• Corus Bank - 4.93% (min $10K)

6-Month Certificates of Deposit:

• NASA FCU - 5.65% (7 months) (min $5K), my post
• CU of Georgia - 5.55% (min $50K), my post
• Imperial Capital - 5.45%, ($2K min), my post
• IndyMac Bank - 5.45% (min $5K), my post
• VirtualBank - 5.44% (min $10K), my post
• UmbrellaBank.com - 5.42% (min $1K)
• World Savings - 5.41% (5 months) (min $10K), my post
• Northrop Grumman FCU - 5.41% (min $40K), my post
• Western FCU - 5.41% (min $40K), my post
• Tennessee Commerce Bank - 5.40% (min $5K)
• Corus Bank - 5.40% (min $10K)
• FirstFedDirect - 5.38% (min $10K), my post
• AmTrustDirect - 5.36% (min $1K) my post
• Washington Mutual - 5.35% (min $1K), my post
• Ascencia Bank - 5.33% (min $500), my post
• E-LOAN - 5.30% ($10K min), my post
• iGobanking - 5.30% (min $500), my post
• Countrywide - 5.30% (min $10K), my post
• National Bank of KC - 5.25% (min $10K), my post
• UFB Direct - 5.25% (min $8K)
• NetBank - 5.25% (min $1K)
• Element Financial - 5.25% (min $5K), my post
• Flagstar - 5.20% (min $500), my post
• Self-Help Credit Union - 5.20% (min $500), my post
• ING Direct - 5.15%, my post
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• ETrade Bank - 5.15% (min $1K), my post
• GMAC Bank - 5.15% (min $500), my post
• EverBank - 5.10% ($1.5K min)
• EmigrantDirect - 5.10% (min $1K)
• 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
• Patelco CU - 5.50% ($1K min), not NCUA insured, 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
• UmbrellaBank.com - 5.41% (min $1K)
• iGobanking - 5.40% (8 months) (min $500), my post
• AmTrustDirect - 5.36% (min $1K) my post
• IndyMac Bank - 5.35% (min $5K), my post
• VirtualBank - 5.34% (min $10K), my post
• FirstFedDirect - 5.30% (min $10K), my post
• National Bank of KC - 5.25% (min $10K), my post
• Imperial Capital - 5.25% ($2K min), my post
• ING Direct - 5.25%, my post
• Countrywide - 5.25% (min $10K), my post
• Element Financial - 5.22% (min $5K), my post
• GMAC Bank - 5.15% (min $500), my post
• EmigrantDirect - 5.10% (min $1K)
• EverBank - 5.10% ($1.5K min)
• Bank of Internet - 4.90% (min $1K) my post

12-Month Certificates of Deposit:

• CU of Georgia - 5.67% (min $50K), my post
• VirtualBank - 5.55% (min $10K), my post
• Tennessee Commerce Bank - 5.45% (min $5K)
• Corus Bank - 5.42% (min $10K)
• Ascencia Bank - 5.41% (min $500), my post
• AmTrustDirect - 5.41% (min $1K) my post
• Flagstar - 5.40% (min $500), my post
• UmbrellaBank.com - 5.40% (min $1K)
• La Jolla Bank - 5.40% (min $10K), my post
• Northrop Grumman FCU - 5.39% (min $40K), my post
• Western FCU - 5.39% (min $40K), my post
• Transportation Alliance Bank - 5.39% ($1K min)
• E-LOAN - 5.36% ($10K min), my post
• Imperial Capital - 5.35% ($2K min), my post
• Mutual Bank - 5.35% (min $2.5K) my post
• ING Direct - 5.35%, my post
• Washington Mutual - 5.35% (min $1K), my post
• FirstFedDirect - 5.31%, (min $10K) my post
• Discover Bank - 5.30% (min $2.5K)
• iGobanking - 5.30% (min $500), my post
• Air Force FCU - 5.30% (min $12.5K) restrictions to membership, my post
• UFB Direct - 5.30% (min $8K)
• Element Financial - 5.26% (min $5K), my post
• National Bank of KC - 5.25% (min $10K), my post
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• Countrywide - 5.25% (min $10K)
• NetBank - 5.25% (min $1K), my post ($100 bonus)
• IndyMac Bank - 5.25% (min $5K), my post
• Navy FCU - 5.20% ($20K min) restrictions to membership, my post
• Melrose CU - 5.20% (min $5K) my post
• GMAC Bank - 5.20% (min $500), my post
• AmboyDirect - 5.15% (min $10K), my post
• ETrade Bank - 5.15% (min $1K), my post
• EverBank - 5.13% ($1.5K min)
• GTE FCU - 5.12% (min $500) my post
• Self-Help Credit Union - 5.11% (min $500), my post
• KeyDirect - 5.10% (min $5K), my post
• Bank of Internet - 5.10% (min $1K) my post
• EmigrantDirect - 5.10% (min $1K)

18-Month Certificates of Deposit:

• Bank of Internet - 5.46% (min $1K) my post
• Tennessee Commerce Bank - 5.45% (min $5K)
• VirtualBank - 5.39% (min $10K), my post
• E-LOAN - 5.36% ($10K min), my post
• AmTrustDirect - 5.35% (min $1K) my post
• Discover Bank - 5.30% (min $2.5K)
• iGobanking - 5.30% (min $500), my post
• National Bank of KC - 5.25% (min $10K), my post
• ING Direct - 5.25%, my post
• Element Financial - 5.25% (min $5K), my post
• GMAC Bank - 5.20% (min $500)
• NetBank - 5.20% (min $1K), my post ($100 bonus)
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• EverBank - 5.13% ($1.5K min)
• EmigrantDirect - 5.10% (min $1K)
• Countrywide - 5.10% (min $10K)
• ETrade Bank - 5.00% (min $1K), my post

24-Month Certificates of Deposit:

• CU of Georgia - 5.71% (min $50K), my post
• Ascencia Bank - 5.50% (min $500), my post
• Mutual Bank - 5.47% (min $5K) my post
• Bank of Internet - 5.46% (min $1K) my post
• Tennessee Commerce Bank - 5.46% (min $5K)
• Transportation Alliance Bank - 5.46% ($1K min)
• Air Force FCU - 5.40% (min $12.5K) restrictions to membership, my post
• VirtualBank - 5.39% (min $10K), my post
• Northrop Grumman FCU - 5.35% (min $40K), my post
• Western FCU - 5.35% (min $40K), my post
• E-LOAN - 5.35% ($10K min), my post
• Washington Mutual - 5.35% (min $1K), my post
• AmTrustDirect - 5.35% (min $1K) my post
• Discover Bank - 5.30% (min $2.5K)
• Navy FCU - 5.30% ($20K min) restrictions to membership, my post
• National Bank of KC - 5.25% (min $10K), my post
• UFB Direct - 5.25% (min $8K)
• Element Financial - 5.25% (min $5K), my post
• GMAC Bank - 5.20% (min $500)
• Melrose CU - 5.20% (min $5K) my post
• NetBank - 5.20% (min $1K), my post ($100 bonus)
• EverBank - 5.13% ($1.5K min)
• Presidential Bank - 5.13% (min $1K)
• KeyDirect - 5.10% (min $5K), my post
• Self-Help Credit Union - 4.98% (min $500), my post

36-Month Certificate of Deposit:

• CU of Georgia - 5.76% (min $50K), 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 - 5.46% (min $1K) my post
• Transportation Alliance Bank - 5.46% ($1K min)
• VirtualBank - 5.39% (min $10K), my post
• Northrop Grumman FCU - 5.36% (min $40K), my post
• Western FCU - 5.36% (min $40K), my post
• E-LOAN - 5.35% ($10K min), my post
• Washington Mutual - 5.35% (min $1K), my post
• Navy FCU - 5.35% ($20K min) restrictions to membership, my post
• First State Bank - 5.35% ($1K min), my post
• Discover Bank - 5.30% (min $2.5K)
• AmTrustDirect - 5.30% (min $1K) my post
• National Bank of KC - 5.25% (min $10K), my post
• UFB Direct - 5.25% (min $8K)
• Element Financial - 5.25% (min $5K), my post
• GMAC Bank - 5.20% (min $500)
• Agriculture FCU - 5.20% (min $1K), my post
• Melrose CU - 5.20% (min $5K) my post
• NetBank - 5.20% (min $1K), my post ($100 bonus)
• KeyDirect - 5.10% (min $5K), my post
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• EmigrantDirect - 5.10% (min $1K)
• Countrywide - 5.10% (min $10K)
• Self-Help Credit Union - 5.01% (min $500), my post
• Pentagon Federal CU - 5.00% (min $1K), my post
• ETrade Bank - 5.00% (min $1K), my post
• EverBank - 4.93% ($1.5K min)

48-Month Certificate of Deposit:

• CU of Georgia - 5.81% (min $50K), my post
• Bank of Internet - 5.46% (min $1K) my post
• Transportation Alliance Bank - 5.46% ($1K min)
• Northrop Grumman FCU - 5.44% (min $40K), my post
• Western FCU - 5.44% (min $40K), my post
• Navy FCU - 5.40% ($20K min) restrictions to membership, my post
• VirtualBank - 5.39% (min $10K), my post
• E-LOAN - 5.35% ($10K min), my post
• Washington Mutual - 5.35% (min $1K), my post
• First State Bank - 5.35% ($1K min), my post
• Discover Bank - 5.30% (min $2.5K)
• Agriculture FCU - 5.30% (min $1K), my post
• National Bank of KC - 5.25% (min $10K), my post
• NetBank - 5.25% (min $1K), my post ($100 bonus)
• Element Financial - 5.25% (min $5K), my post
• Melrose CU - 5.20% (min $5K) my post
• GMAC Bank - 5.20% (min $500)
• USA FCU - 5.12% (min $1K) my post
• KeyDirect - 5.10% (min $5K), my post
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• EmigrantDirect - 5.10% (min $1K)
• Countrywide - 5.10% (min $10K)
• Self-Help Credit Union - 5.07% (min $500), my post
• Pentagon Federal CU - 5.00% (min $1K), my post
• EverBank - 5.00% ($1.5K min)

60-Month Certificate of Deposit:

• CU of Georgia - 5.86% (min $50K), my post
• Northrop Grumman FCU - 5.53% (min $40K), my post
• Western FCU - 5.53% (min $40K), my post
• Bank of Internet - 5.51% (min $1K) my post
• E-LOAN - 5.50% ($10K min), my post
• Navy FCU - 5.50% ($20K min) restrictions to membership, my post
• Air Force FCU - 5.50% (min $12.5K) restrictions to membership, my post
• Transportation Alliance Bank - 5.50% ($1K min)
• Element Financial - 5.40% (min $5K), my post
• VirtualBank - 5.39% (min $10K), my post
• Agriculture FCU - 5.35% (min $1K), my post
• First State Bank - 5.35% ($1K min), my post
• Washington Mutual - 5.35% (min $1K), my post
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• Discover Bank - 5.30% (min $2.5K)
• AmTrustDirect - 5.30% (min $1K) my post
• UFB Direct - 5.30% (min $8K)
• USA FCU - 5.27% (min $1K) my post
• KeyDirect - 5.25% (min $5K), my post
• National Bank of KC - 5.25% (min $10K), my post
• Melrose CU - 5.25% (min $5K) my post
• GMAC Bank - 5.20% (min $500)
• ETrade Bank - 5.20% (min $1K), my post
• EverBank - 5.15% ($1.5K min)
• Self-Help Credit Union - 5.14% (min $500), my post
• Presidential Bank - 5.13% (min $1K)
• EmigrantDirect - 5.10% (min $1K)
• Countrywide - 5.10% (min $10K)
• ebank - 5.00% (min $1K), 5.35% for ePremium checking customers
• Pentagon Federal CU - 5.00% (min $1K), my post

84-Month Certificate of Deposit:

• Navy FCU - 5.60% ($20K min) restrictions to membership, my post
• KeyDirect - 5.50% (min $5K) (5.80% for $50k+ and 10yr), my post
• EmigrantDirect - 5.10% (min $1K)
• Countrywide - 5.10% (min $10K)
• 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% Everbank 3-month intro rate on checking account
• 5.60% Reward Checking Account at First National Bank
• 5.56% 5-Year / 5.51% 1-Year CD at Statebank of India ($95K+)
• 5.43% Money Market Account with $250K initial deposit
• 5.40% Personal and Business Money Market Account with $100K balance
• 5.35% Money Market Account at Bank of America with $50K+

Checking and Saving Accounts at Local Banks/Credit Unions

• Local High Yield Reward Checking Accounts
• 6.00% Savings Account for 118 Days at AmTrust (Arizona)
• 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
• 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
• Missouri deals and CD rates
• Montana 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
• Oklahoma 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

• 6.04% 60-Month CD at a Multi-State CU (Bayer Heritage)
• 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 California CU (The Golden 1)
• 6.00% 60-Month CD at a Ohio Credit Union (CES)
• 5.92% 60-Month CD at a Texas CU (Greater Texas FCU)
• 5.65% 60-Month CD at a Central Florida CU (Fairwinds)
• 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)
• 6.00% 24-Month CD at a Minnesota CU (SMW)
• 5.92% 30-Month CD at a New York/Pennsylvania CU (Visions)
• 5.90% 48-Month CD at a Multi-State CU (Bayer Heritage)
• 5.75% 36-Month CD at a Arizona CU (Arizona Central)
• 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)
• 5.60% 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% 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

• 7.00% 12-Month CD at a New Jersey CU - $3K Max (North Jersey)
• 5.90% 12-Month CD at a Florida CU (Tropical Financial) - and 5.07% Savings Account
• 5.82% 22-Month CD at a Texas Bank (First Community Bank San Antonio)
• 5.81% 12-Month CD at a New York/Pennsylvania CU (Visions)
• 5.80% 17-Month CD at a California CU (The Golden 1)
• 5.80% 12-Month CD at a California CU (The Golden 1)
• 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% 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% 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 Texas CU (Greater Texas FCU)
• 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)
• 5.51% 12-Month CD at Nevada State Bank
• 5.50% 12-Month CD at a Central Florida CU (Fairwinds)
• 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)
• 5.51% 12-Month CD at Nevada State Bank
• 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)
• 7.79% 5-Month CD at a Oregon CU (Clackamas Community)
• 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)
• 6.17% 10-Month CD at a Ohio CU (Riverview)
• 6.14% 9-Month CD at a Virginia CU (Bronco)
• 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% 6-Month CD at a Florida Bank (Old Cypress Community)
• 6.00% 6-Month CD at a Chicago Bank (American Eagle)
• 6.00% 7-Month CD at a Minnesota Bank (First National Bank)
• 5.90% 6-Month CD at a Florida CU (Tropical Financial) - and 5.07% Savings Account
• 5.75% 8-Month CD at a South Florida CU (BrightStar)
• 5.65% 9-Month CD at a Washington State CU (Great NorthWest)
• 5.61% 6-Month CD at a Wisconsin Bank (Town Bank)
• 5.59% 9-Month CD at a Kansas/Missouri Bank (SolutionsBank)
• 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% 9-Month CD at a California CU (The Golden 1)
• 5.50% 9-Month CD at a Montana CU (Valley)
• 5.50% 10-Month CD at a California CU - $90K (San Diego County)
• 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 - 5.12% 7-day yield
• TIAA-CREF Money Market Fund - 5.09% 7-day yeild
• Paypal Money Market Fund - 5.03% 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)