Bank Deals Weekly Summary for November 24, 2007
Nov 25, 2007 - 5:15 PM by Ken Tumin
Quick Link for Rates, Recap of this week's posts
For this holiday week there weren't as many rate cuts on online savings accounts compared to the previous weeks. AmTrustDirect lowered the rate on its e-Money Market account from 4.93% to 4.80% APY. The 3-month promo rate for its e-Savings Account remains at 5.26% APY. Discover Bank lowered the rate on all tiers of its money market account. The yield for the 10K tier fell from 4.55% to 4.49% APY.
I didn't expect to see any new product launches this holiday week, but FNBO Direct surprised me with its launch of a new online checking account and CDs. The new checking account is called BillPay Account since online bill pay is suppose to replace paper check writing. The current yield is 3.50% APY which is comparable to ING Direct's Electric Orange account. For the online CDs, only the 9-month CD looked appealing with a 5.25% APY. The fact that these are callable CDs, made these even less appealing (see post).
I finally did an account review on Corus Bank this week. The yield for their money market account is 5.12% APY, and it has been around this rate since they discontinued indexing the rates to T-Bills in September. This is the highest non-promo rate for a money market checking account (without very large balances).
CD rates continued to fall this week. There were some short term CD rates that actually went up, but these were up from rates that had already been drastically lowered in the previous weeks. The banks which did raise their short term rates a little, lowered their long term CD rates. These banks included UFB Direct, E-LOAN, and GMAC. Banks which just cut CD rates without any increases included Countrywide, Indymac, ING Direct, UmbrellaBank and KeyDirect. Even the credit unions which have held steady for the last couple of months had CD rate cuts. These included Melrose Credit Union, Navy FCU and Airforce FCU.
Apple Bank for Savings came out with a competitive CD rate of 5.26% APY for terms of 12, 24 and 60 months. This is the same bank that offers the online Grand Yield Direct (GYD) savings account. You can open these CDs by mail and fund it with either a check or if you have an GYD savings acocunt, with a transfer. The GYD savings account continues to have a competitive rate of 5% APY on all balances (see post).
Another good option for a decent long term CD rate is at Mutual Bank which is offering a 5.30% APY 36-month CD and a 5.20% APY 24-month CD (see post).
Patelco Credit Union has one of the best short term CD rates that's nationally available. They're still offering a special 5.50% APY for a 9-month term. They've been long offering this special but recently dropped the checking and direct deposit requirement. The only issue with Patelco is that they're not federally insured by the NCUA (privately insured by ASI). But this may soon change (see post).
For local CD deals, First National Bank of Southwest is still offering its 5.75% APY 6-month CD special that's available for those in the Dallas area (see post). For a full list of local CD rates, please refer to the local deal section below. With rates falling so fast, a few will likely be out-of-date. If you see a rate that is no longer available, please leave a comment.
I posted on several checking account bonuses this week with bonuses up to $180. Please see the recap section below for the list of these banks.
Recap for the Week
Banking News
Savings Accounts - National
CD Deals - National
Checking Account Bonuses
Credit Card Deals
Reward Checking Accounts - Local
CD and Money Market Deals - Local
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 Nov 17th, Nov 10th, Nov 3rd, Oct 27th, Oct 20th, Oct 13th, Oct 6th, Sep 29th and Sep 22nd.
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 November 24, 2007
Checking/Savings/Money Market Accounts:
3-Month Certificates of Deposit:
6-Month Certificates of Deposit:
9-Month Certificates of Deposit:
12-Month Certificates of Deposit:
18-Month Certificates of Deposit:
24-Month Certificates of Deposit:
36-Month Certificate of Deposit:
48-Month Certificate of Deposit:
60-Month Certificate of Deposit:
84-Month Certificate of Deposit:
High Yield Checking Accounts with Conditions - Open to All
Checking and Saving Accounts at Local Banks/Credit Unions
CD Specials at Local Credit Unions/Banks Over the Last Two Months
Terms of 60 Months and Over
Terms of 24 Months to Under 60 Months
Terms of 12 Months to Under 24 Months
Terms of Under 12 Months
Bank Account Alternatives
Historical Rates from the Federal Reserve (Federal funds, Treasury bills, CD's)
For this holiday week there weren't as many rate cuts on online savings accounts compared to the previous weeks. AmTrustDirect lowered the rate on its e-Money Market account from 4.93% to 4.80% APY. The 3-month promo rate for its e-Savings Account remains at 5.26% APY. Discover Bank lowered the rate on all tiers of its money market account. The yield for the 10K tier fell from 4.55% to 4.49% APY.
I didn't expect to see any new product launches this holiday week, but FNBO Direct surprised me with its launch of a new online checking account and CDs. The new checking account is called BillPay Account since online bill pay is suppose to replace paper check writing. The current yield is 3.50% APY which is comparable to ING Direct's Electric Orange account. For the online CDs, only the 9-month CD looked appealing with a 5.25% APY. The fact that these are callable CDs, made these even less appealing (see post).
I finally did an account review on Corus Bank this week. The yield for their money market account is 5.12% APY, and it has been around this rate since they discontinued indexing the rates to T-Bills in September. This is the highest non-promo rate for a money market checking account (without very large balances).
CD rates continued to fall this week. There were some short term CD rates that actually went up, but these were up from rates that had already been drastically lowered in the previous weeks. The banks which did raise their short term rates a little, lowered their long term CD rates. These banks included UFB Direct, E-LOAN, and GMAC. Banks which just cut CD rates without any increases included Countrywide, Indymac, ING Direct, UmbrellaBank and KeyDirect. Even the credit unions which have held steady for the last couple of months had CD rate cuts. These included Melrose Credit Union, Navy FCU and Airforce FCU.
Apple Bank for Savings came out with a competitive CD rate of 5.26% APY for terms of 12, 24 and 60 months. This is the same bank that offers the online Grand Yield Direct (GYD) savings account. You can open these CDs by mail and fund it with either a check or if you have an GYD savings acocunt, with a transfer. The GYD savings account continues to have a competitive rate of 5% APY on all balances (see post).
Another good option for a decent long term CD rate is at Mutual Bank which is offering a 5.30% APY 36-month CD and a 5.20% APY 24-month CD (see post).
Patelco Credit Union has one of the best short term CD rates that's nationally available. They're still offering a special 5.50% APY for a 9-month term. They've been long offering this special but recently dropped the checking and direct deposit requirement. The only issue with Patelco is that they're not federally insured by the NCUA (privately insured by ASI). But this may soon change (see post).
For local CD deals, First National Bank of Southwest is still offering its 5.75% APY 6-month CD special that's available for those in the Dallas area (see post). For a full list of local CD rates, please refer to the local deal section below. With rates falling so fast, a few will likely be out-of-date. If you see a rate that is no longer available, please leave a comment.
I posted on several checking account bonuses this week with bonuses up to $180. Please see the recap section below for the list of these banks.
Recap for the Week
Banking News
Savings Accounts - National
CD Deals - National
- 5.25% 7-Month CD at Superior Savings of New England - Nationally Available
- 5.15% 6-Month CD at Merrill Lynch Bank
- 5.26% 12, 24 and 60-Month CDs at Apple Bank for Savings
- FNBO Direct's New CDs and Checking Account
- 5.50% 9-Month CD at Patelco Credit Union (Available to All)
- 5.30% 36-Month / 5.20% 24-Month CD at Mutual Bank - Nationally Available
Checking Account Bonuses
- $100 Chase Checking Account Bonus
- $180 Checking Account Bonus at a PA/WV/OH Bank (WesBanco)
- $150 Checking Account Bonus at a California Bank Continues (Provident)
- TCF Bank's Checking/Savings Account Bonus
- $125 Checking Account Bonus at Banco Popular Continues
Credit Card Deals
Reward Checking Accounts - Local
CD and Money Market Deals - Local
- 5.50% 60-Month / 5.40% 48-Month CD at a Kentucky CU (Beacon Community)
- 5.44% 60-Month / 5.25% 13-Month CD at a Virginia CU (Bronco)
- Update on First National Bank Southwest's 5.75% 6-Month CD
- 5.59% 60-Month / 5.38% 48-Month CD at a Michigan CU (Family Financial)
- 5.30% 12-Month / 5.30% 17-Month CD at an Alaska/Washington CU (Alaska USA)
- 5.50% 18-Month / 5.35% 6-Month CD at a Louisiana CU (University of Louisiana)
- 5.30% 12-Month CD at a Maryland Bank (Suburban Federal Savings)
- 5.30% 12-Month CD at a MA Credit Union - Easy Membership (RTN)
- 6.00% 60-Day Savings Account Promotion at a Florida Bank (Liberty)
- 5.50% 6-Month CD at Countrywide Bank in Some States
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 Nov 17th, Nov 10th, Nov 3rd, Oct 27th, Oct 20th, Oct 13th, Oct 6th, Sep 29th and Sep 22nd.
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 November 24, 2007
Checking/Savings/Money Market Accounts:
- Checking/Savings Account Bonuses
- The Best Checking Accounts - Including Reward Checking
- Latest CD and Savings Account Deals with No Major Deposit Limitiations
- EverBank - 5.51% ($1.5K min), 3mo promo, account review
- UmbrellaBank - 5.50% (min $100), 3mo promo, account review
- UFB Direct - 5.31%, account review
- BankUnited - 5.31% (min $5K), account review
- Countrywide - 5.30% (min $10K), account review
- OneUnited - 5.30% (min $1K), account review
- AmTrustDirect - 5.26% 3mo promo, (e-Savings) account review
- Corus Bank - 5.12% MMA (min $10K) account review
- KeyDirect - 5.10% MMA (min $50), Not all states, account review
- Flagstar - 5.10% MMA, account review
- Savings Square - 5.10%, account review
- Zions Bank - 5.08% MMA, outside of Utah, (min $1K) (5.23% $50K+), account review
- BancoFortuna.com - 5.05%, account review
- FNBO Direct - 5.05%, account review
- Heartland Bank Direct - 5.05%, ($500 min), post ($50 bonus)
- FirstFedDirect - 5.05% (min $1K) (closed to CA residents), account review
- iGobanking - 5.00%, account review
- UmbrellaBank.com - 5.00% MMA (min $1K), account review
- grand yield direct - 5.00% (min $2.5K) account review
- ShoreBank - 5.00%, account review
- WTDirect - 4.90% ($10K min), account review
- Indymac Bank - 4.90% MMA (min $25K), account review
- AmboyDirect - 4.80% (4.85% for $20K+), post ($25 bonus)
- AmTrustDirect - 4.80% (e-Money Market) account review
- M&T Bank - 4.75%, account review
- Washington Mutual - 4.75% (requires checking), account review
- PFF Bank and Trust - 4.75% (min $1K), account review
- EmigrantDirect - 4.75%, account review
- E-LOAN - 4.75% ($5K min), account review
- ETrade Bank - 4.70%, post ($25 bonus)
- Salem Five Direct - 4.70% Checking (4.90% $25K+), account review
- CapitalOne/Costco - 4.60% MMA (min $5K, Costco members only, $50 deal for exec. members)
- Direct Huntington - 4.60% ($1K min), account review
- Mutual Bank - 4.60% MMA (min $5K), account review
- Presidential Bank - 4.60% (min $5K, only first $35K receives this rate), offers 3.75% checking, account review
- Bank of America AAA/NEA - 4.57% MMA ($10K min) (4.83% for $50K+) account review
- EverBank - 4.51% ($1.5K min) account review
- UnivestDirect - 4.50%, (3.55% checking), account review
- Citibank - 4.50%, requires checking account and bill pay usage, account review
- HSBC Direct - 4.50%, account review
- MyBankingDirect - 4.50% MMA (min $5K), account review
- GMAC Bank - 4.50% MMA (min $500), account review
- Discover Bank - 4.49% MMA (min $10K)(4.65% for $50K+)
- Capital One - 4.40% MMA, account review
- Bank of America DoW - 4.36% MMA (min $10K) (4.50% for $50K+), account review
- VirtualBank - 4.34% (min $100), (4.60% $50K+/ 4.86% $100K+) offers checking, post ($20 bonus)
- Imperial Capital - 4.20% MMA ($2.5K min), offers free checking, account review
- ING Direct - 4.20%, (3.25% checking), post ($25 bonus)
- MetLife Bank - 4.15% MMA (min $5K), post ($50 bonus)
- Transportation Alliance Bank - 4.08%, ($25 min), account review
- Melrose CU - 4.06% (min $25) account review
- Charles Schwab - 4.00% Checking, account review
- Self-Help Credit Union - 3.78% MMA (min $500), account review
- NewBank - 3.50% Checking, post ($50 bonus)
- Tennessee Commerce Bank - 3.39% (min $10K), account review
- ebank - 2.50% MMA ($10K min), account review
3-Month Certificates of Deposit:
- IndyMac Bank - 5.35% (4 month) (min $5K), account review
- Countrywide - 5.25% (min $10K), account review
- UmbrellaBank.com - 5.05% (min $1K)
- VirtualBank - 5.02% (min $10K), account review
- FirstFedDirect - 5.01% (min $10K), account review
- Imperial Capital - 5.00%, ($2K min), account review
- ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
- E-LOAN - 5.00% ($10K min), account review
- UFB Direct - 4.95% (min $8K)
- GMAC Bank - 4.80% (min $500), account review
- Element Financial - 4.80% (min $10K), account review
- EverBank - 4.75% ($1.5K min)
- ETrade Bank - 4.60% (min $1K), account review
- National Bank of KC - 4.50% (min $10K), account review
- Self-Help Credit Union - 4.20% (min $500), account review
6-Month Certificates of Deposit:
- Countrywide - 5.30% (min $10K), account review
- Superior Savings - 5.25% (7 mo) (min $500) account review
- Ascencia Bank - 5.21% (min $500), account review
- Northrop Grumman FCU - 5.18% (min $40K), account review
- NASA FCU - 5.15% (5 mo) (min $5K) account review
- UmbrellaBank.com - 5.15% (min $1K)
- Flagstar - 5.11% (min $500), account review
- VirtualBank - 5.07% (min $10K), account review
- CU of Georgia - 5.07% (min $50K), account review
- E-LOAN - 5.06% ($10K min), account review
- Corus Bank - 5.05% (min $10K) account review
- IndyMac Bank - 5.05% (min $5K), account review
- FirstFedDirect - 5.05% (min $10K), account review
- ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
- Washington Mutual - 5.00% (min $1K), account review
- Capital One - 5.00% (min $5K)
- Imperial Capital - 4.95%, ($2K min), account review
- EverBank - 4.95% ($1.5K min)
- Bank of Internet - 4.92% (min $1K) account review
- Lehman Brothers Bank - 4.92% (min $1K)
- Tennessee Commerce Bank - 4.90% (min $5K)
- La Jolla Bank - 4.90% (min $10K), account review
- UFB Direct - 4.85% (min $8K)
- Element Financial - 4.85% (min $10K), account review
- Western FCU - 4.83% (min $40K), account review
- KeyDirect - 4.80% (min $5K), Not all states, account review
- ETrade Bank - 4.75% (min $1K), account review
- AmTrustDirect - 4.75% (min $1K) account review
- Intervest - 4.75% (min $2.5K), account review
- ING Direct - 4.70%, account review
- GMAC Bank - 4.65% (min $500), account review
- EmigrantDirect - 4.55% (min $1K)
- iGobanking - 4.50% (min $500), account review
- National Bank of KC - 4.50% (min $10K), account review
- Self-Help Credit Union - 4.40% (min $500), account review
- Wells Fargo - 4.35% (5 months) (min $5K), rate and min vary by state, account review
9-Month Certificates of Deposit:
- Patelco CU - 5.50% (min $1K), not NCUA insured, account review
- NASA FCU - 5.25% (10 months) (min $5K) account review
- FNBO Direct - 5.25% (min $500) account review
- Academy Bank - 5.15% (min $500), account review
- VirtualBank - 5.13% (min $10K), account review
- Countrywide - 5.10% (min $10K), account review
- FirstFedDirect - 5.05% (min $10K), account review
- UmbrellaBank.com - 5.01% (min $1K)
- AmboyDirect - 5.00% (min $10K), account review
- EverBank - 4.95% ($1.5K min)
- Bank of Internet - 4.92% (min $1K) account review
- Element Financial - 4.85% (min $10K), account review
- Imperial Capital - 4.80% ($2K min), account review
- IndyMac Bank - 4.75% (min $5K), account review
- ING Direct - 4.70% (new money), account review
- AmTrustDirect - 4.60% (min $1K) account review
- EmigrantDirect - 4.55% (min $1K)
- GMAC Bank - 4.50% (min $500), account review
- iGobanking - 4.50% (min $500), account review
- National Bank of KC - 4.50% (min $10K), account review
12-Month Certificates of Deposit:
- NuVision FCU - 5.35% (13 mo) (min $10K) account review
- Apple Bank - 5.26% (min $500) account review
- Principal Bank - 5.25% (14 mo) (min $5K), account review
- CU of Georgia - 5.23% (min $50K), account review
- Northrop Grumman FCU - 5.16% (min $40K), account review
- FirstFedDirect - 5.15%, (min $10K) account review
- Ascencia Bank - 5.12% (min $500), account review
- Air Force FCU - 5.10% (min $25K) restrictions to membership, account review
- Corus Bank - 5.05% (min $10K) account review
- Academy Bank - 5.05% (min $500), account review
- Countrywide - 5.05% (min $10K), account review
- UmbrellaBank.com - 5.02% (min $1K)
- E-LOAN - 5.01% ($10K min), account review
- Flagstar - 5.00% (min $500), account review
- Element Financial - 5.00% (min $10K), account review
- ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
- Mutual Bank - 5.00% (min $2.5K) account review
- Delta Community CU - 5.00% (min $1K) account review
- NewBank - 5.00% (min $5K), account review
- La Jolla Bank - 5.00% (min $10K), account review
- First State Bank - 5.00% ($1K min), account review
- H&R Block Bank - 5.00% (min $250) account review
- Capital One - 5.00% (min $5K)
- Melrose CU - 4.99% (min $5K) account review
- Tennessee Commerce Bank - 4.95% (min $5K)
- Bank of Internet - 4.92% (min $1K) account review
- EverBank - 4.90% ($1.5K min)
- Western FCU - 4.90% (min $40K), account review
- Intervest - 4.87% (min $2.5K), account review
- VirtualBank - 4.86% (min $10K), account review
- Navy FCU - 4.84% ($20K min) restrictions to membership, account review
- Discover Bank - 4.81% (min $2.5K)
- Lehman Brothers Bank - 4.81% (min $1K)
- Washington Mutual - 4.80% (min $1K), account review
- Imperial Capital - 4.75% ($2K min), account review
- FNBO Direct - 4.75% (min $500) account review
- Transportation Alliance Bank - 4.70% ($1K min)
- ING Direct - 4.70% (new money), account review
- GTE FCU - 4.70% (min $500) account review
- AmTrustDirect - 4.60% (min $1K) account review
- IndyMac Bank - 4.60% (min $5K), account review
- ETrade Bank - 4.55% (min $1K), account review
- EmigrantDirect - 4.55% (min $1K)
- GMAC Bank - 4.50% (min $500), account review
- iGobanking - 4.50% (min $500), account review
- National Bank of KC - 4.50% (min $10K), account review
- KeyDirect - 4.45% (min $5K), Not all states, account review
- UFB Direct - 4.40% (min $8K)
- Self-Help Credit Union - 4.35% (min $500), account review
18-Month Certificates of Deposit:
- Telcom Credit Union - 5.25% (min $2.5K) account review
- Provident CU - 5.01% (16 mo) (min $1K), account review
- Flagstar - 5.00% (min $500), account review
- Academy Bank - 5.00% (min $500) (5.10% 15-mo), account review
- ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
- NewBank - 5.00% (min $5K), account review
- First State Bank - 5.00% ($1K min), account review
- H&R Block Bank - 5.00% (min $250) account review
- Capital One - 5.00% (min $5K)
- EverBank - 4.90% ($1.5K min)
- Tennessee Commerce Bank - 4.90% (min $5K)
- Intervest - 4.90% (min $2.5K), account review
- Bank of Internet - 4.86% (min $1K) account review
- VirtualBank - 4.86% (min $10K), account review
- Discover Bank - 4.81% (min $2.5K)
- Element Financial - 4.80% (min $10K), account review
- Lehman Brothers Bank - 4.76% (min $1K)
- Countrywide - 4.75% (min $10K)
- ING Direct - 4.65%, account review
- EmigrantDirect - 4.55% (min $1K)
- iGobanking - 4.50% (min $500), account review
- AmTrustDirect - 4.50% (min $1K) account review
- National Bank of KC - 4.50% (min $10K), account review
- FNBO Direct - 4.50% (min $500) account review
- ETrade Bank - 4.35% (min $1K), account review
- IndyMac Bank - 4.35% (min $5K), account review
- GMAC Bank - 4.25% (min $500)
24-Month Certificates of Deposit:
- CU of Georgia - 5.27% (min $50K), account review
- Apple Bank - 5.26% (min $500) account review
- Mutual Bank - 5.20% (min $5K) account review
- Air Force FCU - 5.10% (min $25K) restrictions to membership, account review
- Flagstar - 5.00% (min $500), account review
- Delta Community CU - 5.00% (min $1K) account review
- H&R Block Bank - 5.00% (min $250) account review
- Capital One - 5.00% (min $5K)
- Northrop Grumman FCU - 4.98% (min $40K), account review
- Melrose CU - 4.94% (min $5K) account review
- Intervest - 4.93% (min $2.5K), account review
- Tennessee Commerce Bank - 4.90% (min $5K)
- Western FCU - 4.90% (min $40K), account review
- Navy FCU - 4.90% ($20K min) restrictions to membership, account review
- E-LOAN - 4.87% ($10K min), account review
- VirtualBank - 4.86% (min $10K), account review
- Bank of Internet - 4.81% (min $1K) account review
- Discover Bank - 4.81% (min $2.5K)
- Element Financial - 4.80% (min $10K), account review
- Lehman Brothers Bank - 4.76% (min $1K)
- Countrywide - 4.75% (min $10K)
- NewBank - 4.75% (min $5K), account review
- Transportation Alliance Bank - 4.70% ($1K min)
- ING Direct - 4.65%, account review
- EverBank - 4.60% ($1.5K min)
- Ascencia Bank - 4.58% (min $500), account review
- AmTrustDirect - 4.50% (min $1K) account review
- National Bank of KC - 4.50% (min $10K), account review
- FNBO Direct - 4.50% (min $500) account review
- Presidential Bank - 4.35% (min $1K)
- IndyMac Bank - 4.35% (min $5K), account review
- UFB Direct - 4.20% (min $8K)
- KeyDirect - 4.20% (min $5K),Not all states, account review
- GMAC Bank - 4.10% (min $500)
- Self-Help Credit Union - 4.01% (min $500), account review
36-Month Certificate of Deposit:
- CU of Georgia - 5.33% (min $50K), account review
- Mutual Bank - 5.30% (min $5K) account review
- Air Force FCU - 5.20% (min $25K) restrictions to membership, account review
- Delta Community CU - 5.15% (min $1K) account review
- Principal Bank - 5.10% (33 mo) (min $5K), account review
- Patelco CU - 5.00% ($1K min), not NCUA insured, account review
- Flagstar - 5.00% (min $500), account review
- H&R Block Bank - 5.00% (min $250) account review
- Capital One - 5.00% (min $5K)
- E-LOAN - 4.96% ($10K min), account review
- Intervest - 4.95% (min $2.5K), account review
- Melrose CU - 4.94% (min $5K) account review
- Navy FCU - 4.94% ($20K min) restrictions to membership, account review
- First State Bank - 4.90% ($1K min), account review
- VirtualBank - 4.86% (min $10K), account review
- Tennessee Commerce Bank - 4.85% (min $5K)
- Western FCU - 4.85% (min $40K), account review
- Bank of Internet - 4.81% (min $1K) account review
- Discover Bank - 4.81% (min $2.5K)
- Element Financial - 4.80% (min $10K), account review
- Agriculture FCU - 4.80% (min $1K), account review
- Lehman Brothers Bank - 4.76% (min $1K)
- Northrop Grumman FCU - 4.76% (min $40K), account review
- Countrywide - 4.75% (min $10K)
- NewBank - 4.75% (min $5K), account review
- ebank - 4.75% (min $1K), 5.00% for ePremium checking customers
- Pentagon Federal CU - 4.75% (min $1K), account review
- Transportation Alliance Bank - 4.70% ($1K min)
- ING Direct - 4.65%, account review
- EmigrantDirect - 4.55% (min $1K)
- EverBank - 4.50% ($1.5K min)
- AmTrustDirect - 4.50% (min $1K) account review
- National Bank of KC - 4.50% (min $10K), account review
- ETrade Bank - 4.40% (min $1K), account review
- IndyMac Bank - 4.35% (min $5K), account review
- UFB Direct - 4.25% (min $8K)
- KeyDirect - 4.25% (min $5K),Not all states, account review
- GMAC Bank - 4.20% (min $500)
- Self-Help Credit Union - 4.07% (min $500), account review
48-Month Certificate of Deposit:
- CU of Georgia - 5.38% (min $50K), account review
- Patelco CU - 5.00% ($1K min), not NCUA insured, account review
- Flagstar - 5.00% (min $500), account review
- H&R Block Bank - 5.00% (min $250) account review
- Capital One - 5.00% (min $5K)
- Intervest - 5.00% (min $2.5K), account review
- Northrop Grumman FCU - 5.00% (min $40K), account review
- Navy FCU - 4.99% ($20K min) restrictions to membership, account review
- Western FCU - 4.96% (min $40K), account review
- USA FCU - 4.96% (min $1K) account review
- E-LOAN - 4.96% ($10K min), account review
- Element Financial - 4.95% (min $10K), account review
- Melrose CU - 4.94% (min $5K) account review
- Agriculture FCU - 4.90% (min $1K), account review
- First State Bank - 4.90% ($1K min), account review
- Discover Bank - 4.86% (min $2.5K)
- VirtualBank - 4.86% (min $10K), account review
- Tennessee Commerce Bank - 4.85% (min $5K)
- Bank of Internet - 4.81% (min $1K) account review
- Lehman Brothers Bank - 4.81% (min $1K)
- Countrywide - 4.75% (min $10K)
- ebank - 4.75% (min $1K), 5.00% for ePremium checking customers
- Pentagon Federal CU - 4.75% (min $1K), account review
- Washington Mutual - 4.75% (min $1K), account review
- KeyDirect - 4.75% (min $5K),Not all states, account review
- Transportation Alliance Bank - 4.70% ($1K min)
- ING Direct - 4.65%, account review
- EmigrantDirect - 4.55% (min $1K)
- EverBank - 4.50% ($1.5K min)
- National Bank of KC - 4.50% (min $10K), account review
- IndyMac Bank - 4.35% (min $5K), account review
- GMAC Bank - 4.30% (min $500)
- Self-Help Credit Union - 4.21% (min $500), account review
60-Month Certificate of Deposit:
- CU of Georgia - 5.43% (min $50K), account review
- Apple Bank - 5.26% (min $500) account review
- Telcom Credit Union - 5.25% (61 mo) (min $5K) account review
- H&R Block Bank - 5.25% (min $250) account review
- Delta Community CU - 5.25% (min $1K) account review
- Northrop Grumman FCU - 5.14% (min $40K), account review
- Air Force FCU - 5.10% (min $25K) restrictions to membership, account review
- USA FCU - 5.06% (min $1K) account review
- Western FCU - 5.05% (min $40K) account review
- Intervest - 5.05% (min $2.5K), account review
- Navy FCU - 5.04% ($20K min) restrictions to membership, account review
- Melrose CU - 5.04% (min $5K) account review
- E-LOAN - 5.01% ($10K min), account review
- Capital One - 5.00% (min $5K)
- Agriculture FCU - 5.00% (min $1K), account review
- Flagstar - 5.00% (min $500), account review
- Patelco CU - 5.00% ($1K min), not NCUA insured, account review
- Discover Bank - 4.96% (min $2.5K)
- Pentagon Federal CU - 4.95% (min $1K), account review
- Element Financial - 4.95% (min $10K), account review
- Lehman Brothers Bank - 4.92% (min $1K)
- First State Bank - 4.90% ($1K min), account review
- ING Direct - 4.90%, account review
- KeyDirect - 4.90% (min $5K), Not all states, account review
- VirtualBank - 4.86% (min $10K), account review
- Tennessee Commerce Bank - 4.85% (min $5K)
- Bank of Internet - 4.81% (min $1K) account review
- Countrywide - 4.75% (min $10K)
- EverBank - 4.75% ($1.5K min)
- Washington Mutual - 4.75% (min $1K), account review
- ebank - 4.75% (min $1K), 5.00% for ePremium checking customers
- Transportation Alliance Bank - 4.70% ($1K min)
- ETrade Bank - 4.70% (min $1K), account review
- EmigrantDirect - 4.55% (min $1K)
- AmTrustDirect - 4.50% (min $1K) account review
- UFB Direct - 4.50% (min $8K)
- National Bank of KC - 4.50% (min $10K), account review
- GMAC Bank - 4.45% (min $500)
- Presidential Bank - 4.40% (min $1K)
- Self-Help Credit Union - 4.35% (min $500), account review
- IndyMac Bank - 4.35% (min $5K), account review
84-Month Certificate of Deposit:
- KeyDirect - 5.30% (min $5K) (5.75% 10yr, $50K+), Not all states, account review
- Navy FCU - 5.14% ($20K min) restrictions to membership, account review
- Intervest - 5.07% (min $2.5K), 5.15% for 10yr, account review
- Capital One - 5.00% (min $5K)
- Pentagon Federal CU - 4.95% (min $1K), account review
- Countrywide - 4.75% (min $10K)
- EmigrantDirect - 4.55% (min $1K)
High Yield Checking Accounts with Conditions - Open to All
- 6.01% Reward Checking Account at State Bank of Toledo
- 6.01% Reward Checking Account at Charter Bank
- 6.01% Reward Checking Account at Provident Credit Union
- 6.01% Reward Checking Account at Consumers Credit Union
- 5.51% EverBank 3-month intro rate on checking account and money market
- 5.25% Reward Checking Account at First National Bank
Checking and Saving Accounts at Local Banks/Credit Unions
- Local High Yield Reward Checking Accounts
- 5.50% 3-Month Money Market Promo at Amboy (New Jersey)
- 4.85% No-Minimum Online Savings Account (New York)
- 4.65% Checking Account (Florida)
- 4.50% Low-Minimum Online Savings Account (California)
- 4.45% Money Market Account (Utah)
- 4.00% Free Checking at Capital One (Central Texas)
- Savings Account Tied to Prime Rate (Ohio)
CD Specials at Local Credit Unions/Banks Over the Last Two Months
- Alabama deals and CD rates
- Alaska deals and CD rates
- Arizona deals and CD rates
- Arkansas deals and CD rates
- California deals and CD rates
- Colorado deals and CD rates
- Connecticut deals and CD rates
- Delaware deals and CD rates
- District of Columbia deals and CD rates
- Florida deals and CD rates
- Georgia deals and CD rates
- Hawaii deals and CD rates
- Idaho deals and CD rates
- Illinois deals and CD rates
- Indiana deals and CD rates
- Iowa deals and CD rates
- Kansas deals and CD rates
- Kentucky deals and CD rates
- Louisiana deals and CD rates
- Maine deals and CD rates
- Maryland deals and CD rates
- Massachusetts deals and CD rates
- Michigan deals and CD rates
- Minnesota deals and CD rates
- Mississippi deals and CD rates
- Missouri deals and CD rates
- Montana deals and CD rates
- Nebraska 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
- North Dakota 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
- South Dakota deals and CD rates
- Tennessee deals and CD rates
- Texas deals and CD rates
- Utah deals and CD rates
- Vermont deals and CD rates
- Virginia deals and CD rates
- Washington State deals and CD rates
- West Virginia deals and CD rates
- Wisconsin deals and CD rates
- Wyoming deals and CD rates
Terms of 60 Months and Over
- 5.75% 60-Month CD at a Ohio Credit Union (CES)
- 5.65% 60-Month CD at a Utah CU (Cyprus)
- 5.60% 60-Month CD at a DC Credit Union (Library of Congress)
- 5.60% 60-Month CD at a Texas CU (West Texas)
- 5.59% 60-Month CD at a Michigan CU (Family Financial)
- 5.51% 60-Month CD at a Arizona CU (First)
- 5.50% 60-Month CD at a Kentucky CU (Beacon Community)
- 5.50% 60-Month CD at a Chicago Bank (Washington Federal)
- 5.50% 60-Month CD at a Pennsylvania CU (Lebanon)
- 5.44% 60-Month CD at a Virginia CU (Bronco)
- 5.36% 60-Month CD at a Texas CU (Austin Telco)
- 5.25% 61-Month CD at a Michigan CU - Easy Membership (Telcom)
- 5.25% 60-Month CD at a Michigan CU (Consumers)
Terms of 24 Months to Under 60 Months
- 5.56% 48-Month CD at a Alabama CU (Shoreline)
- 5.55% 30-Month CD at a New York/Pennsylvania CU (Visions)
- 5.55% 36-Month CD at a Illinois CU (First Northern)
- 5.51% 25-Month CD at a Montana CU (Summit)
- 5.50% 48-Month CD at a South Carolina Bank Continues (Arthur State)
- 5.50% 54-Month CD at a Ohio/Pennsylvania CU (Sun Federal)
- 5.50% 24-Month CD at a Utah CU (Freedom)
- 5.50% 29-Month CD at a Indiana CU (NorthPark Community)
- 5.50% 36-Month CD at a Utah CU (Cyprus)
- 5.50% 33-Month CD at a Vermont CU (Vermont State Employees)
- 5.40% 30-Month CD at a Illinois CU - and a 5.38% Money Market Account (MECU)
- 5.40% 48-Month CD at a Kentucky CU (Beacon Community)
- 5.39% 24-Month CD at a DC Credit Union - and $101 Checking Bonus (Signal Financial)
- 5.39% 24-Month CD at a DC Credit Union Continues (Signal Financial)
- 5.38% 48-Month CD at a Michigan CU (Family Financial)
- 5.35% 48-Month CD at a Northern California CU (Lassen County)
- 5.35% 36-Month CD at a Arizona CU (First)
- 5.25% 36-Month CD at a Florida Bank (TransCapital Bank)
- 5.25% 24/36-Month CD at a Michigan CU (Consumers)
Terms of 12 Months to Under 24 Months
- 6.00% 18-Month CD at a Virginia CU (Northwest)
- 6.00% 12-Month CD at a New York Bank (LibertyPointe)
- 5.88% 23-Month CD at a Indiana CU (Afena)
- 5.61% 13-Month CD at a Indiana CU (Afena)
- 5.60% 12-Month CD at a Texas CU (West Texas)
- 5.56% 16-Month CD at a Colorado CU (Space Age)
- 5.55% 18-Month CD at a Colorado Bank (New Frontier)
- 5.53% 12-Month CD at a Chicago Bank (Beverly Bank & Trust)
- 5.50% 12-Month CD at a Illinois Bank (Poplar Creek Community)
- 5.50% 13-Month CD at a Illinois Bank (Second Federal Savings)
- 5.50% 14-Month CD at a California CU (Universal City Studios)
- 5.50% 21-Month CD at a Nevada CU (Greater Nevada)
- 5.50% 18-Month CD at a New York Bank (LibertyPointe)
- 5.50% 18-Month CD at a Louisiana CU (University of Louisiana)
- 5.50% 18-Month CD at a New Jersey CU - $100K Min (South Jersey)
- 5.50% 12-Month CD at a California CU (San Mateo)
- 5.50% 12-Month CD at a Pennsylvania CU Continues (PA HealthCare)
- 5.50% 18-Month CD at a Florida Bank (Prosperity)
- 5.50% 15-Month CD at a Kentucky CU (Commonwealth)
- 5.50% 12-Month CD at a Texas Bank (T Bank)
- 5.50% 13-Month CD at a Missouri Bank (Champion)
- 5.50% 13-Month CD at a Texas Bank - $100K Min (First National Bank)
- 5.50% 18-Month CD at a Missouri Bank (B & L)
- 5.45% 12-Month CD at a Las Vegas Bank (Fifth Street)
- 5.45% 12-Month CD at a Colorado Bank (New Frontier)
- 5.45% 19-Month CD at a Indiana CU (NorthPark Community)
- 5.45% 15-Month CD at a South Carolina Bank (Enterprise)
- 5.43% 13-Month CD at a Montana CU (Summit)
- 5.43% 15-Month CD at a Carolina CU (Carolina Telco)
- 5.42% 16-Month CD at a Maryland CU (MCT)
- 5.40% 12-Month CD at a Illinois CU - and a 5.38% Money Market Account (MECU)
- 5.40% 12-Month CD at a California CU - Open To All (Kinecta)
- 5.35% 15-Month CD at a Minnesota CU - plus $50 Savings Account Bonus (Endura Financial)
- 5.35% 13-Month CD at a California CU - easy membership (NuVision)
- 5.35% 12-Month CD at a Florida CU - and $150 Checking/DD bonus (First Florida)
- 5.35% 12-Month CD at a Utah CU (Freedom)
- 5.30% 16-Month CD at a California CU - easy membership (Provident)
- 5.30% 12-Month CD at a MA Credit Union - Easy Membership (RTN)
- 5.30% 12-Month CD at a Maryland Bank (Suburban Federal Savings)
- 5.30% 17-Month CD at a Alaska/Washington CU (Alaska USA)
- 5.30% 12-Month CD at a Alaska/Washington CU (Alaska USA)
- 5.28% 12-Month CD at a DC Credit Union - and $101 Checking Bonus (Signal Financial)
- 5.28% 12-Month CD at a DC Credit Union Continues (Signal Financial)
- 5.25% 13-Month CD at a New York CU - and $100 Checking Bonus (Mid-Hudson Valley)
- 5.25% 18-Month CD at a Michigan CU - Easy Membership (Telcom)
- 5.25% 13-Month CD at a Virginia CU (Bronco)
- 5.25% 12-Month CD at a Michigan CU (Consumers)
- 5.23% 12-Month CD at a Texas CU (Austin Telco)
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)
- 6.00% 6-Month CD at a Florida CU - and a $77 Checking Bonus (MidFlorida)
- 6.00% 5-Month CD at a Connecticut CU - $16K Max/Variable (CorePlus)
- 6.00% 4-Month CD at a South Carolina CU (Georgetown Kraft)
- 5.75% 6-Month CD at a Texas Bank (First National Bank Southwest)
- 5.75% 5-Month CD at a California CU (San Mateo)
- 5.75% 9-Month CD at a Georgia CU (Georgia's Own)
- 5.75% 8-Month CD at a Wisconsin CU (First Service)
- 5.64% 7-Month CD at a Colorado CU (Premier Members)
- 5.58% 6-Month CD at a Colorado/Kansas Bank (Colorado East Bank & Trust)
- 5.55% 8-Month CD at a California CU (San Francisco)
- 5.55% 5-Month CD at a Washington State CU - up to 6.16% possible (Columbia)
- 5.55% 5-Month CD at a Illinois Bank (Millennium)
- 5.55% 7-Month CD at a Florida CU (Community First)
- 5.51% 11-Month CD at a Florida Bank (TransCapital Bank)
- 5.50% 5-Month CD at a New York CU - yield up to 5.85% (Hudson Valley)
- 5.50% 11-Month CD at a California CU - 5.70% IRA (KeyPoint)
- 5.50% 6-Month CD at a New York Bank (LibertyPointe)
- 5.50% 5-Month CD at a California Bank Continues (PFF Bank and Trust)
- 5.50% 8-Month CD at a California CU (Fresno County)
- 5.50% 9-Month CD at a New Jersey CU - $100K Min (South Jersey)
- 5.50% 7-Month CD at a California CU (Cal State 9)
- 5.50% 6-Month CD at a Florida Bank (Prosperity)
- 5.50% 3-Month CD at a Michigan CU (Omni Community)
- 5.50% 9-Month CD at a Florida CU (Fairwinds)
- 5.50% 4-Month CD at a New Jersey CU (United Teletech Financial)
- 5.50% 7-Month CD at a Mississippi Bank (Citizens National)
- 5.50% 11-Month CD at a Massachusetts CU (Hanscom)
- 5.50% 7-Month CD at a Missouri Bank (Champion)
- 5.50% 7-Month CD at a California CU - and $100 Checking Account Bonus (CommonWealth Central)
- 5.50% 6-Month CD at a Nebraska CU (Columbus United)
- 5.45% 7-Month CD at a New Mexico CU (State Employees)
- 5.40% 4-Month CD at a California CU - yield up to 5.75% (OCTFCU)
- 5.40% 9-Month CD at a Florida Bank (First Florida)
- 5.40% 7-Month CD at a Florida Bank (First Florida)
- 5.35% 6-Month CD at a CA Bank - with liquid feature (Fremont Investment and Loan)
- 5.35% 6-Month CD at a Louisiana CU (University of Louisiana)
- 5.35% 7-Month CD at a Florida CU Continues (Space Coast)
- 5.30% 5-Month CD at a Texas Credit Union (Amplify)
- 5.25% 6-Month CD at a Michigan CU - and all terms in between (Consumers)
Bank Account Alternatives
- Money Magazine article on risk-free investments
- GE Interest Plus - 5.05% rate for $50k+
- TIAA-CREF Money Market Fund - 4.81% 7-day yeild
- Fidelity Money Market Fund - 4.79% 7-day yield ($100 bonus and other info)
- Vanguard Prime Money Market Fund - 4.75% 7-day yield
- Paypal Money Market Fund - 4.73% 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)
Featured Accounts
Related Posts
Useful Resources
Nationwide Savings Accounts
SVG (anonymous) - #1, Saturday, November 24, 2007 - 9:52 PM
Banking Guy,
Provident CU's promotion of 5.30% APY Certificate ended week-before-last. Please update the summary.
- SVG
SVG (anonymous) - #2, Saturday, November 24, 2007 - 9:59 PM
Readers,
In the past Pentagon Federal CU has come up with a promotional rate for their Certificates towards end of December.
Has anyone heard of any such promotion this year ?
- SVG
Samir Deshpande (anonymous) - #3, Sunday, November 25, 2007 - 2:38 PM
BoA is offering 5% on 3 months CD with 5K min.
Banking Guy (anonymous) - #4, Sunday, November 25, 2007 - 5:22 PM
SVG, thanks for the Provident correction. Looks like I had a dead link to the page that mentioned the 5.30% yield. I see this 16-mo special rate has been lowered to 5.01% APY. I've updated the post and changed the link to their home page.
Banking Guy (anonymous) - #5, Sunday, November 25, 2007 - 6:02 PM
Samir, Thanks for the info on BoA. Is that 5% their 4-month online high yield CDs? These CD rates do vary a little by state. In Texas the yield is 4.85% APY.
Samir Deshpande (anonymous) - #6, Monday, November 26, 2007 - 7:50 AM
Hi Banking Guy,
yes it the 4 month online promotional CD from BoA here in Maryland. Yes, the rate varies by state.
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