Bank Deals Weekly Summary for September 1, 2007

Quick Link for Rates

After the Fed Chairman Ben Bernanke's speech yesterday, expectations remain high that the Fed will cut the funds rate target to 5.00% at the September 18th meeting (see CNN article). The banks seem to be responding to this as bank rates continue to trend down. UmbrellaBank ended its 6% 3-month savings account promotion. It's now only 5.50% APY guaranteed for 3 months (see post). Ebank ended its 5% checking account promotion after almost 8 months. The rate is back down to the standard 3% APY (see post). Transportation Alliance Bank did a large reduction to its rate on its savings account and money market this week. The new yield is 4.86% APY, down from 5.25% APY.

There was one money market account that had a rate increase this week. Zions Bank increased the top yield on its Deseret Money Market Account from 5.36% to 5.56% APY (see post). This is only for balances over $50k. The yield for smaller balances remains competitive at 5.30% APY.

E*TRADE also raised the yield of its Max-Rate Checking account from 3.25% to 4.00% APY, but at 4% it's still nothing to get excited about (see post).

CD Rates Update

CD rates continued to trend downward this week. CD rate drops occurred at EverBank, AmTrustDirect, NetBank, GMAC Bank, E*TRADE, National Bank of Kansas City, and UFB Direct. WaMu ended the 5.50% APY on its 6-month Online CD. It's now down to 5%. However, it did raise the 60-month yield from 4.25% to 5.25% APY. If you open a WaMu CD, make sure you don't blindly let the CD roll over into a new term. You might get stuck with a very low rate.

Certificate rates at several credit unions that I follow seem to be trending down more than the banks. NASA FCU ended its 5.65% 7-month CD special. The new special is a 5.35% APY 8-month CD. Credit Union of Georgia lowered its CD rates this week, but the long-term rates remain on top of my list. Northrop Grumman FCU and Western FCU had the top CD rates on many terms earlier this year. Now most of their CD rates are far from the top. Similar trends can also be seen at Agriculture FCU and Self-Help CU.

Navy FCU and Air Force FCU continue to hold their CD rates steady, and those rates remain very competitive especially for large balances. Unfortunately, these two credit unions don't have easy membership like the others. You have to have some Navy or military connection.

Savings account and CD rates remain high at both Countrywide and Indymac Bank. Indymac introduced a 4-month internet CD special with a yield of 5.75% APY. For those unsure if Indymac will keep the Internet First Rate MMA at 5.75%, this CD would be a good alternative (see post). Indymac also has some good deals on other CDs, although the rates seem to be changing daily. The 5-month CD yield is now 5.60% APY, down from 5.70%, and the 6-month CD yield is now 5.00% APY, down from 5.70%. Countrywide Bank has held the rates steady since it raised them following the bad publicity over its credit problems. The best deal continues to be the 5.65% APY 1-year CD and the 5.50% APY savingslink savings account.

For local CD deals, I did post on a few 6% CDs. Most are short term with maturities under 12 months. Longer term 6% CDs are becoming harder to find. See my recap section below for the links to these 6% deals. For the CD deals for the last month, please refer to my local CD deal section below. High rates are not lasting long, and with September just starting, many banks may be in the process of updating their rates. If you see a rate that has changed, please leave a comment.

Recap for the Week

Banking News and Resources

• Troubled Banks and Credit Unions in the News
• More About Extending FDIC and NCUA Coverage Past $100K

Savings Accounts / Checking Accounts - National

• E*TRADE Bank Increases Rate on its Max-Rate Checking Account
• Zions Bank Increases Top Yield on Deseret Money Market Account to 5.56%
• ebank ends 5% Checking, Raises CD Rates up to 5.60%
• UmbrellaBank's Savings Account 90-Day Promo Yield Drops to 5.50% APY
• FNBO Direct Planning a Cash Back Reward Credit Card
• FNBO Direct Savings Account Update - Withdrawing Money

CD Deals - National

• Credit Union of Georgia Lowers CD Rates, But Still as High as 5.75%
• 5.75% 4-Month Indymac Bank Internet CD Special
• Indymac Bank Raises 5-Month Internet CD Yield to 5.70%

CD Deals - Local

• 5.65% 5-Month CD at a California Bank (First Private Bank & Trust)
• 7.30% 12-Month CD at a Georgia Bank - $2.5k Max (Flagstar)
• 5.85% 15-Month CD at an Arizona CU - $100k (Arizona Federal)
• 5.66% 5-Month CD at Wachovia in Houston
• 5.76% 7-Month CD at a Wachovia Branch in San Francisco
• 6.00% 11-Month CD at a California CU (Safe 1)
• 6.00% 9-Month CD at a New Jersey CU - $100K Min (South Jersey)
• 5.60% 13-Month / 5.50% 7-Month CD at a Texas Bank (Equity)
• 6.00% 6-Month CD at a Georgia CU (Savannah Federal)
• 5.65% 60-Month / 5.60% 48-Month CD at a California CU - $90K Min (LBS Financial)
• 6.00% 6-Month CD at an Indiana CU (Family Horizons)
• 6.00% 15-Month CD at a South Carolina CU Continues (MCAS Beaufort)
• 5.60% 6-Month / 5.60% 12-Month CD at an Arizona Bank (Towne Bank)
• 5.60% 12-Month CD at a Texas CU (West Texas)
• 5.62% 40-Month CD at a Virginia Bank (Bank of Hampton Roads)
• 5.90% 72-Month CD at a Missouri Bank - and 6.11% IRA (Garden City)
• 5.75% 6-Month / 5.75% 12-Month CD at a Georgia Bank (Woodlands)
• 5.50% 12-Month CD at a Kansas CU (Central Star)
• 6.00% 6-Month CD at a Vermont CU (Members 1st)

High Yield Reward Checking Accounts - Local

• 6.25% Reward Checking Account at a Tennessee Bank (Bank of Putnam County)

Checking Account Bonuses

• $75 Bonus for HSBC Interest Checking Account
• $75 Gift Card Checking Account Bonus at Wachovia in Texas
• $100 Checking Account Bonus at a New Jersey Bank (NJM 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 25th, Aug 18th, Aug 11th, Aug 4th, July 28th, July 21st, July 14th and July 7th.

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 September 1, 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
• Indymac Bank - 5.75% (min $25K), my post
• Countrywide - 5.50% (min $10K), my post
• UmbrellaBank - 5.50% (min $100), 3mo promo, my post
• BankUnited - 5.35% (min $5K), my post
• KeyDirect - 5.35% MMA (min $50), my post
• AmTrustDirect - 5.31%, 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) (5.56% $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
• Presidential Bank - 5.25% (min $5K, only first $35K receives this rate), offers 4.50% checking, 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
• 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
• 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
• Bank of America AAA/NEA - 4.88% MMA ($10K min) (5.14% for $50K+) my post
• Transportation Alliance Bank - 4.86%, ($25 min), my post
• MyBankingDirect - 4.75% MMA (min $5K), my post
• Corus Bank - 4.69% MMA (min $10K to open)
• 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)
• Tennessee Commerce Bank - 4.50% (min $10K), my post
• NetBank - 4.50% MMA ($500 min), 6-month intro rate, my post ($250 deal)
• ING Direct - 4.50%, (4% checking), my post ($25 bonus)
• MetLife Bank - 4.40% MMA (min $5K), my post ($50 bonus)
• Charles Schwab - 4.25% Checking, my post
• Imperial Capital - 4.20% MMA ($2.5K min), offers free checking, my post
• Melrose CU - 4.06% (min $25) my post
• ebank - 3.00% Checking ($2.5K min), my post

3-Month Certificates of Deposit:

• Indymac Bank - 5.75% (4 months) (min $5K), my post)
• UniBank - 5.65% (min $1K), my post
• E-LOAN - 5.55% ($10K min), my post
• Countrywide - 5.50% (min $10K), my post
• VirtualBank - 5.39% (min $10K), my post
• Imperial Capital - 5.35%, ($2K min), my post
• UmbrellaBank.com - 5.35% (min $1K)
• UFB Direct - 5.31% (min $8K)
• FirstFedDirect - 5.26% (min $10K), my post
• National Bank of KC - 5.25% (min $10K), my post
• GMAC Bank - 5.20% (min $500), my post
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• Element Financial - 5.15% (min $5K), my post
• IndyMac Bank - 5.00% (min $5K), my post
• ETrade Bank - 5.00% (min $1K), my post
• EverBank - 4.85% ($1.5K min)
• Self-Help Credit Union - 4.71% (min $500), my post
• Corus Bank - 4.69% (min $10K)

6-Month Certificates of Deposit:

• IndyMac Bank - 5.60% (5 month) (min $5K), my post
• Countrywide - 5.55% (min $10K), my post
• CU of Georgia - 5.44% (min $50K), 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)
• Ascencia Bank - 5.38% (min $500), my post
• FirstFedDirect - 5.38% (min $10K), my post
• Bank of Internet - 5.37% (min $1K) my post
• ebank - 5.35% (min $1K), 5.60% for ePremium checking customers
• UniBank - 5.35% (min $1K), my post
• Tennessee Commerce Bank - 5.30% (min $5K)
• iGobanking - 5.30% (min $500), my post
• Imperial Capital - 5.30%, ($2K min), my post
• Flagstar - 5.26% (min $500), my post
• Intervest - 5.25% (min $2.5K), my post
• KeyDirect - 5.25% (min $5K), my post
• Element Financial - 5.25% (min $5K), my post
• AmTrustDirect - 5.25% (min $1K) my post
• National Bank of KC - 5.25% (min $10K), my post
• GMAC Bank - 5.20% (min $500), my post
• E-LOAN - 5.20% ($10K min), my post
• UFB Direct - 5.20% (min $8K)
• ING Direct - 5.15%, my post
• VirtualBank - 5.13% (min $10K), my post
• EmigrantDirect - 5.10% (min $1K)
• ETrade Bank - 5.05% (min $1K), my post
• Northrop Grumman FCU - 5.03% (min $40K), my post
• Western FCU - 5.03% (min $40K), my post
• EverBank - 5.00% ($1.5K min)
• Washington Mutual - 5.00% (min $1K), my post
• Self-Help Credit Union - 4.92% (min $500), my post
• Wells Fargo - 4.90% (5 months) (min $5K), rate and min vary by state, my post

9-Month Certificates of Deposit:

• Countrywide - 5.50% (min $10K), 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
• Washington Mutual - 5.45% (8 month) ($5K min), not available in all states, my post
• World Savings - 5.41% (8 months) branch-only (min $10K), my post
• Bank of Internet - 5.41% (min $1K) my post
• iGobanking - 5.40% (8 months) (min $500), my post
• NASA FCU - 5.35% (8 months) (min $10K)
• FirstFedDirect - 5.30% (min $10K), my post
• UmbrellaBank.com - 5.25% (min $1K)
• Imperial Capital - 5.25% ($2K min), my post
• National Bank of KC - 5.25% (min $10K), my post
• Element Financial - 5.22% (min $5K), my post
• GMAC Bank - 5.20% (min $500), my post
• AmTrustDirect - 5.20% (min $1K) my post
• ING Direct - 5.15%, my post
• VirtualBank - 5.13% (min $10K), my post
• EmigrantDirect - 5.10% (min $1K)
• EverBank - 5.10% ($1.5K min)
• IndyMac Bank - 5.00% (min $5K), my post

12-Month Certificates of Deposit:

• Countrywide - 5.65% (min $10K), my post
• CU of Georgia - 5.55% (min $50K), my post
• IndyMac Bank - 5.50% (min $5K), my post
• Bank of Internet - 5.44% (min $1K) my post
• Corus Bank - 5.42% (min $10K)
• FirstFedDirect - 5.41%, (min $10K) my post
• Tennessee Commerce Bank - 5.40% (min $5K)
• NetBank - 5.40% (min $1K), my post ($100 bonus)
• GTE FCU - 5.38% (min $500) my post
• ebank - 5.35% (min $1K), 5.60% for ePremium checking customers
• UniBank - 5.35% (min $1K), my post
• Melrose CU - 5.35% (min $5K) my post
• Imperial Capital - 5.35% ($2K min), my post
• Mutual Bank - 5.35% (min $2.5K) my post
• Intervest - 5.32% (min $2.5K), 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
• La Jolla Bank - 5.30% (min $10K), my post
• ETrade Bank - 5.25% (min $1K), my post
• Flagstar - 5.25% (min $500), my post
• National Bank of KC - 5.25% (min $10K), my post
• Element Financial - 5.21% (min $5K), my post
• GMAC Bank - 5.20% (min $500), my post
• E-LOAN - 5.20% ($10K min), my post
• Navy FCU - 5.20% ($20K min) restrictions to membership, my post
• AmTrustDirect - 5.20% (min $1K) my post
• Ascencia Bank - 5.19% (min $500), my post
• Transportation Alliance Bank - 5.18% ($1K min)
• AmboyDirect - 5.15% (min $10K), my post
• ING Direct - 5.15%, my post
• EverBank - 5.13% ($1.5K min)
• Washington Mutual - 5.10% (min $1K), my post
• KeyDirect - 5.10% (min $5K), my post
• EmigrantDirect - 5.10% (min $1K)
• Self-Help Credit Union - 5.08% (min $500), my post
• UmbrellaBank.com - 5.00% (min $1K)
• Northrop Grumman FCU - 4.97% (min $40K), my post
• Western FCU - 4.97% (min $40K), my post
• UFB Direct - 4.95% (min $8K)
• VirtualBank - 4.86% (min $10K), my post

18-Month Certificates of Deposit:

• 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
• Tennessee Commerce Bank - 5.34% (min $5K)
• Discover Bank - 5.30% (min $2.5K)
• iGobanking - 5.30% (min $500), my post
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• National Bank of KC - 5.25% (min $10K), my post
• Element Financial - 5.15% (min $5K), my post
• 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)
• GMAC Bank - 5.05% (min $500)
• ETrade Bank - 5.00% (min $1K), my post
• AmTrustDirect - 5.00% (min $1K) my post
• ING Direct - 5.00%, my post
• VirtualBank - 4.86% (min $10K), my post

24-Month Certificates of Deposit:

• CU of Georgia - 5.59% (min $50K), 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)
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• Discover Bank - 5.30% (min $2.5K)
• Navy FCU - 5.30% ($20K min) restrictions to membership, my post
• Melrose CU - 5.25% (min $5K) my post
• National Bank of KC - 5.25% (min $10K), my post
• Transportation Alliance Bank - 5.18% ($1K min)
• Element Financial - 5.15% (min $5K), my post
• Presidential Bank - 5.13% (min $1K)
• VirtualBank - 5.13% (min $10K), my post
• Ascencia Bank - 5.11% (min $500), my post
• KeyDirect - 5.10% (min $5K), my post
• AmTrustDirect - 5.00% (min $1K) my post
• EverBank - 5.00% ($1.5K min)
• GMAC Bank - 4.95% (min $500)
• Northrop Grumman FCU - 4.92% (min $40K), my post
• Western FCU - 4.92% (min $40K), my post
• UFB Direct - 4.85% (min $8K)
• Self-Help Credit Union - 4.70% (min $500), my post
• Washington Mutual - 4.00% (min $1K), my post

36-Month Certificate of Deposit:

• CU of Georgia - 5.64% (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 - 5.43% (min $1K) my post
• Intervest - 5.42% (min $2.5K), my post
• E-LOAN - 5.41% ($10K min), my post
• Navy FCU - 5.35% ($20K min) restrictions to membership, my post
• First State Bank - 5.35% ($1K min), my post
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• Discover Bank - 5.30% (min $2.5K)
• Melrose CU - 5.25% (min $5K) my post
• National Bank of KC - 5.25% (min $10K), my post
• Transportation Alliance Bank - 5.18% ($1K min)
• Element Financial - 5.15% (min $5K), my post
• VirtualBank - 5.13% (min $10K), 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)
• AmTrustDirect - 5.00% (min $1K) my post
• Pentagon Federal CU - 5.00% (min $1K), my post
• Agriculture FCU - 4.95% (min $1K), my post
• GMAC Bank - 4.95% (min $500)
• UFB Direct - 4.90% (min $8K)
• EverBank - 4.89% ($1.5K min)
• Northrop Grumman FCU - 4.87% (min $40K), my post
• Western FCU - 4.87% (min $40K), my post
• ETrade Bank - 4.80% (min $1K), my post
• Self-Help Credit Union - 4.71% (min $500), my post
• Washington Mutual - 4.00% (min $1K), my post

48-Month Certificate of Deposit:

• CU of Georgia - 5.69% (min $50K), 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
• Discover Bank - 5.30% (min $2.5K)
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• Melrose CU - 5.25% (min $5K) my post
• National Bank of KC - 5.25% (min $10K), my post
• KeyDirect - 5.20% (min $5K), my post
• Transportation Alliance Bank - 5.18% ($1K min)
• Washington Mutual - 5.15% (min $1K), my post
• Element Financial - 5.15% (min $5K), my post
• VirtualBank - 5.13% (min $10K), my post
• USA FCU - 5.12% (min $1K) my post
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• EmigrantDirect - 5.10% (min $1K)
• Countrywide - 5.10% (min $10K)
• Agriculture FCU - 5.05% (min $1K), my post
• Pentagon Federal CU - 5.00% (min $1K), my post
• Northrop Grumman FCU - 4.99% (min $40K), my post
• Western FCU - 4.99% (min $40K), my post
• GMAC Bank - 4.95% (min $500)
• EverBank - 4.89% ($1.5K min)
• Self-Help Credit Union - 4.75% (min $500), my post

60-Month Certificate of Deposit:

• CU of Georgia - 5.75% (min $50K), my post
• Bank of Internet - 5.56% (min $1K) my post
• E-LOAN - 5.55% ($10K min), my post
• Intervest - 5.50% (min $2.5K), 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
• Melrose CU - 5.41% (min $5K) my post
• Discover Bank - 5.36% (min $2.5K)
• First State Bank - 5.35% ($1K min), my post
• Element Financial - 5.30% (min $5K), my post
• KeyDirect - 5.30% (min $5K), my post
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• Washington Mutual - 5.25% (min $1K), my post
• National Bank of KC - 5.25% (min $10K), my post
• USA FCU - 5.22% (min $1K) my post
• Transportation Alliance Bank - 5.18% ($1K min)
• Presidential Bank - 5.13% (min $1K)
• VirtualBank - 5.13% (min $10K), my post
• Northrop Grumman FCU - 5.11% (min $40K), my post
• Western FCU - 5.11% (min $40K), my post
• Agriculture FCU - 5.10% (min $1K), my post
• EmigrantDirect - 5.10% (min $1K)
• Countrywide - 5.10% (min $10K)
• EverBank - 5.05% ($1.5K min)
• UFB Direct - 5.05% (min $8K)
• ETrade Bank - 5.00% (min $1K), my post
• AmTrustDirect - 5.00% (min $1K) my post
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• Pentagon Federal CU - 5.00% (min $1K), my post
• GMAC Bank - 5.00% (min $500)
• Self-Help Credit Union - 4.81% (min $500), my post

84-Month Certificate of Deposit:

• Navy FCU - 5.60% ($20K min) restrictions to membership, my post
• KeyDirect - 5.60% (min $5K) (5.90% for $50k+ and 10yr), my post
• Intervest - 5.51% (min $2.5K), 5.55% for 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% 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
• 5.14% 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)
• 5.00% 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 Month

• 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

• 6.05% 60-Month CD at a Indiana CU (Horizon One)
• 6.00% 60-Month CD at a Nevada CU (WestStar)
• 6.00% 60-Month CD at a Ohio CU (Toledo Area Community)
• 5.92% 60-Month CD at a Maryland CU (Prince George's Community)
• 5.90% 72-Month CD at a Missouri Bank - and 6.11% IRA (Garden City)
• 5.76% 60-Month CD at a California CU (Bay Federal)
• 5.65% 60-Month CD at a WA State Bank Continues (Westsound)
• 5.65% 60-Month CD at a California CU - $90K Min (LBS Financial)
• 5.55% 60-Month CD at a Central Florida CU (Fairwinds)

Terms of 24 Months to Under 60 Months

• 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)
• 5.67% 27-Month CD at a Virginia Bank (Select Bank)
• 5.64% 24-Month CD at a Michigan Bank (Keystone Community)
• 5.62% 40-Month CD at a Virginia Bank (Bank of Hampton Roads)
• 5.61% 24-Month CD at a Maryland CU (Prince George's Community)
• 5.60% 48-Month CD at a California CU - $90K Min (LBS Financial)
• 5.50% 36-Month CD at a Connecticut CU (Connex)
• 5.50% 24-Month CD at a Washington DC Credit Union Continues (Signal Financial)

Terms of 12 Months to Under 24 Months

• 7.30% 12-Month CD at a Georgia Bank - $2.5k Max (Flagstar)
• 6.00% 13-Month CD at a Colorado Bank (Bank of Choice)
• 6.00% 15-Month CD at a South Carolina CU Continues (MCAS Beaufort)
• 5.85% 15-Month CD at a Arizona CU - $100k (Arizona Federal)
• 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)
• 5.75% 12-Month CD at a Georgia Bank (Woodlands)
• 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)
• 5.65% 18-Month CD at a Georgia Bank (Integrity)
• 5.64% 12-Month CD at a Texas CU (Baptist Credit Union)
• 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% 14-Month CD at a Illinois Bank (Southern Trust)
• 5.60% 12-Month CD at a Texas CU (West Texas)
• 5.60% 12-Month CD at a Arizona Bank (Towne Bank)
• 5.60% 13-Month CD at a Texas Bank (Equity)
• 5.55% 12-Month CD at a Dallas Bank (Texas Leadership)
• 5.50% 12-Month CD at a Central Florida CU (Fairwinds)
• 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% 12-Month CD at a Kansas CU (Central Star)

Terms of Under 12 Months

• 9.00% 9-Month CD at a Colorado CU - $2K Max (Elevations)
• 7.00% 7-Month CD at a Multi-State CU - $7K Max (Chartway)
• 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)
• 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 Vermont CU (Members 1st)
• 6.00% 6-Month CD at a Indiana CU (Family Horizons)
• 6.00% 6-Month CD at a Georgia CU (Savannah Federal)
• 6.00% 9-Month CD at a New Jersey CU - $100K Min (South Jersey)
• 6.00% 11-Month CD at a California CU (Safe 1)
• 5.90% 10-Month CD at a Georgia Bank (Integrity)
• 5.76% 7-Month CD at a Wachovia Branch in San Francisco
• 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% 6-Month CD at a Georgia Bank (Woodlands)
• 5.66% 5-Month CD at a Wachovia Branch in Dallas
• 5.65% 5-Month CD at a California Bank (First Private Bank & Trust)
• 5.65% 6-Month CD at a WA State Bank - Available Nationally (UniBank)
• 5.65% 3-Month CD at a WA State Bank - Available Nationally (UniBank)
• 5.64% 5-Month CD at a Connecticut CU - w/DD (First New England)
• 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)
• 5.60% 6-Month CD at a Arizona Bank (Towne Bank)
• 5.55% 5-Month CD at a Illinois Credit Union (CEFCU)
• 5.55% 6-Month CD at a Massachusetts Bank (Danvers)
• 5.55% 7-Month CD at a Illinois Bank (Southern Trust)
• 5.50% 7-Month CD at a Florida Bank (Hillcrest)
• 5.50% 7-Month CD at a Texas Bank (Equity)
• 5.47% 11-Month CD at a Virginia Bank (Select Bank)
• 5.44% 6-Month CD at a Central Florida CU (Fairwinds)

Bank Account Alternatives

• Money Magazine article on risk-free investments
• Fidelity Money Market Fund - 5.12% 7-day yield ($100 bonus and other info)
• Vanguard Prime Money Market Fund - 5.11% 7-day yield
• TIAA-CREF Money Market Fund - 5.04% 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)