Bank Deals Weekly Summary for October 4, 2008
Oct 4, 2008 - 1:12 PM by Ken Tumin
Quick Link for Rates, Recap of this week's posts
The passage of the massive bailout bill yesterday resulted in some good news for savers. The federal deposit insurance limit for both FDIC and NCUA was increased from $100K to $250K. This new $250K limit is in effect now and is scheduled to end on 12/31/2009 (see post). It's hard to believe how fast this happened. Last week there was no mention that this could even be a possibility.
Future Interest Rates?
The bailout bill may not be enough to prevent a recession. As reported by Bloomberg, unemployment numbers were way up yesterday and some economists are predicting a very significant recession. This is giving rise to expectations of further rate cuts by the Fed. An economist quoted in the article expects the federal funds rate to drop to 1%.
Wells Fargo, Wachovia and Citigroup
Another major news story this week was Wachovia merger news. Early Monday the FDIC announced that it was assisting Citibank to acquire the banking operation of Wachovia. Then on Friday, Wells Fargo announced it would buy all of Wachovia. Citigroup claimed the Wells-Wachovia deal breaches an agreement it had with Wachovia. As this article suggests, it appears that Citi won't be able to stop the Wells-Wachovia merger. This merger isn't good news for savers. Wells Fargo rarely offers any decent CD rates so those high Wachovia CD rates may soon become a thing of the past.
High Tax-Free MMF Yields Continue
The yields on tax-free money market funds remain over 5%. Vanguard's Tax-Free MMF 7-day yield actually went up to 5.51% (see below). I found this Consumer Reports blog post which provides some insights into this very unusual occurrence. According to the post "This isn't due to a decline in the quality of the short-term municipal bonds these funds hold. It's a result of the mass redemptions in money market funds that took place when worries arose about their safety." One expert quoted in the article expects these high rates to subside after a month or so. It's also pointed out that the Treasury Guaranty Program won't cover any new money placed into MMFs. There's still the assumption that investors should be safe if they stick with major fund companies like Vanguard and Fidelity, but as one commenter in that post mentioned, the auction rate security market was also assumed to be very safe.
High Savings Account Yields at Bank of America and Citibank
It's important not to confuse money market funds which are not FDIC-insured to money market accounts which, like savings accounts, are FDIC-insured. There were quite a few rate changes this week in online savings accounts. Some major rate hikes occurred at OneUnited, Bank of America, Citibank and UFB Direct.
OnBank raised its savings account this week from 3.50% to 3.75% APY, but OnBank partially reversed this on Friday by lowering the yield to 3.60% APY. This erratic rate change is a little disconcerting, but OnBank's savings account remains one of the best.
An online savings account that I think most would agree is not one of the best is the one at OneUnited Bank. Its savings account yield went up this week from 3.26% to 3.75% APY. OneUnited has a history of high rates, but several readers who have opened an account have reported various issues (see post).
The second big rate hike this week occurred at Bank of America. The yield on its MyExpressions Money Market Savings Account went up from 2.93% to 3.51% APY for balances over $5K. Not all MyExpressions MMS's have this yield. Defenders of Wildlife (DoW) is one that does. Refer to this post for details about this account and how to find the rates at Bank of America's website. This account doesn't have a history of consistent high rates. It did have a period of very competitive rates this time last year, but for most of this year, its yields have remained under 3%.
The other big rate hike was at Citibank. Its Ultimate Savings Account (USA) yield went up by over 100 basis points to 3.50% APY. Citibank has made things confusing by having 3 different online savings accounts. This USA is the best of the three since it doesn't require a checking account or certain account activity to maintain the high yield and to avoid fees. However, like BofA's account it doesn't have a history of high rates, and I doubt it will remain competitive in a few months (see post).
UFB Direct has just come out with a 3.80% APY yield on its Traveler Savings Account. This requires a $500 minimum, but it has no monthly fees. It's called Traveler Savings since you can earn mileage awards. UFB Direct has been very disappointing this year. Its Absolute Savings Account used to have a competitive yield last year, but now its yield is just 2.50% APY. Consequently, I wouldn't expect this Traveler Savings Account to be this competitive for the long term. Also note, deposits held at UFB Direct are actually Huntington National Bank deposits.
Below is the list of savings account rate changes for this week:
Rate Hikes:
WaMu continues to offer 5.00% APY on its Online 12- and 13-month Online CDs. WaMu also continues to offer 4% APY on its Online Savings Account. I'm surprised these high rates continue now that WaMu is part of JPMorgan Chase. A reader had reported being told by a WaMu CSR that the 5% CD was going to end yesterday, but as of noon today, WaMu's website still shows 5%. However, WaMu did lower its long-term Traditional CDs yield (48+ months) from 5% to 3% APY. So I wouldn't expect this Online 5% CD to last much longer. This is a rare opportunity in which you can receive a top rate with the security of JP Morgan Chase.
For short-term CDs, HSBC Direct and Citibank both came out with a 4.00% APY 6-month Online CD. The rate is good but not great. Nevertheless, for those who want a short-term online CD at a large bank, these are decent deals. The best 6-month CD yield at a bank without checking requirements continues to be 4.35% APY at AmTrustDirect.
Century Bank Direct increased the yield on its 10-month online CD this week from 4.06% to 4.45% APY. This is the top yield from a bank for a term around 9 months.
For longer term CDs, Pentagon Federal Credit Union finally came out with some competitive rates. For October, it's offering 5.00% APY on terms of 3, 4, 5 and 7 years. These yields are much lower than the 6.25% APY that PenFed offered in 2007, but at least they're near the rate leaders for these terms.
Reward Checking Accounts
October didn't start well for reward checking account holders. Several bank and credit unions cut rates including MidWest America FCU which had been offering 7.01% APY on its reward checking account for most of this year. The yield is now 6.31% APY. It was a big drop, but the 6.31% APY remains the highest rate in the nation for a reward checking account. As I mentioned in this post, reward checking yields of 6%+ are slowly disappearing. Nevertheless, the average yields continue to be substantially higher than online savings account yields.
For my full list of reward checking accounts around the nation, please refer to my High Yield Checking website.
Recap for the Week - Links to This Week's Posts
Banking News
Savings and Money Market Deals - National
CD Deals - National
Checking/Savings Account Bonuses
Reward Checking Accounts
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 Sep 27th, Sep 20th, Sep 13th, Sep 6th, Aug 30th, Aug 23rd, Aug 16th, Aug 9th and Aug 2nd.
Quick Links: Refer to the following links for the savings accounts and CDs that interest you: Liquid Account Rates: Savings Accounts, Reward Checking, 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 October 4, 2008
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:
Various Deposit Account Deals
High Yield Reward Checking Accounts - Open to All
Checking and Saving Accounts at Local Banks/Credit Unions
Recent CD Specials at Local Credit Unions and Banks
Bank Account Alternatives
Historical Rates from the Federal Reserve (Federal funds, Treasury bills, CD's)
The passage of the massive bailout bill yesterday resulted in some good news for savers. The federal deposit insurance limit for both FDIC and NCUA was increased from $100K to $250K. This new $250K limit is in effect now and is scheduled to end on 12/31/2009 (see post). It's hard to believe how fast this happened. Last week there was no mention that this could even be a possibility.
Future Interest Rates?
The bailout bill may not be enough to prevent a recession. As reported by Bloomberg, unemployment numbers were way up yesterday and some economists are predicting a very significant recession. This is giving rise to expectations of further rate cuts by the Fed. An economist quoted in the article expects the federal funds rate to drop to 1%.
Wells Fargo, Wachovia and Citigroup
Another major news story this week was Wachovia merger news. Early Monday the FDIC announced that it was assisting Citibank to acquire the banking operation of Wachovia. Then on Friday, Wells Fargo announced it would buy all of Wachovia. Citigroup claimed the Wells-Wachovia deal breaches an agreement it had with Wachovia. As this article suggests, it appears that Citi won't be able to stop the Wells-Wachovia merger. This merger isn't good news for savers. Wells Fargo rarely offers any decent CD rates so those high Wachovia CD rates may soon become a thing of the past.
High Tax-Free MMF Yields Continue
The yields on tax-free money market funds remain over 5%. Vanguard's Tax-Free MMF 7-day yield actually went up to 5.51% (see below). I found this Consumer Reports blog post which provides some insights into this very unusual occurrence. According to the post "This isn't due to a decline in the quality of the short-term municipal bonds these funds hold. It's a result of the mass redemptions in money market funds that took place when worries arose about their safety." One expert quoted in the article expects these high rates to subside after a month or so. It's also pointed out that the Treasury Guaranty Program won't cover any new money placed into MMFs. There's still the assumption that investors should be safe if they stick with major fund companies like Vanguard and Fidelity, but as one commenter in that post mentioned, the auction rate security market was also assumed to be very safe.
High Savings Account Yields at Bank of America and Citibank
It's important not to confuse money market funds which are not FDIC-insured to money market accounts which, like savings accounts, are FDIC-insured. There were quite a few rate changes this week in online savings accounts. Some major rate hikes occurred at OneUnited, Bank of America, Citibank and UFB Direct.
OnBank raised its savings account this week from 3.50% to 3.75% APY, but OnBank partially reversed this on Friday by lowering the yield to 3.60% APY. This erratic rate change is a little disconcerting, but OnBank's savings account remains one of the best.
An online savings account that I think most would agree is not one of the best is the one at OneUnited Bank. Its savings account yield went up this week from 3.26% to 3.75% APY. OneUnited has a history of high rates, but several readers who have opened an account have reported various issues (see post).
The second big rate hike this week occurred at Bank of America. The yield on its MyExpressions Money Market Savings Account went up from 2.93% to 3.51% APY for balances over $5K. Not all MyExpressions MMS's have this yield. Defenders of Wildlife (DoW) is one that does. Refer to this post for details about this account and how to find the rates at Bank of America's website. This account doesn't have a history of consistent high rates. It did have a period of very competitive rates this time last year, but for most of this year, its yields have remained under 3%.
The other big rate hike was at Citibank. Its Ultimate Savings Account (USA) yield went up by over 100 basis points to 3.50% APY. Citibank has made things confusing by having 3 different online savings accounts. This USA is the best of the three since it doesn't require a checking account or certain account activity to maintain the high yield and to avoid fees. However, like BofA's account it doesn't have a history of high rates, and I doubt it will remain competitive in a few months (see post).
UFB Direct has just come out with a 3.80% APY yield on its Traveler Savings Account. This requires a $500 minimum, but it has no monthly fees. It's called Traveler Savings since you can earn mileage awards. UFB Direct has been very disappointing this year. Its Absolute Savings Account used to have a competitive yield last year, but now its yield is just 2.50% APY. Consequently, I wouldn't expect this Traveler Savings Account to be this competitive for the long term. Also note, deposits held at UFB Direct are actually Huntington National Bank deposits.
Below is the list of savings account rate changes for this week:
Rate Hikes:
- UFB Direct's Traveler Savings - 3.80% APY (was ?)
- Venture Bank Direct - 3.80% APY (was 3.75%)
- OneUnited - 3.75% APY (was 3.26%)
- OnBank - 3.60% APY (was 3.50%)
- Bank of America DoW MMS - 3.51% (was 2.93%)
- Citibank's USA - 3.50% APY (was under 2.50%)
- Goldwater - 3.00% APY (was 3.50%)
WaMu continues to offer 5.00% APY on its Online 12- and 13-month Online CDs. WaMu also continues to offer 4% APY on its Online Savings Account. I'm surprised these high rates continue now that WaMu is part of JPMorgan Chase. A reader had reported being told by a WaMu CSR that the 5% CD was going to end yesterday, but as of noon today, WaMu's website still shows 5%. However, WaMu did lower its long-term Traditional CDs yield (48+ months) from 5% to 3% APY. So I wouldn't expect this Online 5% CD to last much longer. This is a rare opportunity in which you can receive a top rate with the security of JP Morgan Chase.
For short-term CDs, HSBC Direct and Citibank both came out with a 4.00% APY 6-month Online CD. The rate is good but not great. Nevertheless, for those who want a short-term online CD at a large bank, these are decent deals. The best 6-month CD yield at a bank without checking requirements continues to be 4.35% APY at AmTrustDirect.
Century Bank Direct increased the yield on its 10-month online CD this week from 4.06% to 4.45% APY. This is the top yield from a bank for a term around 9 months.
For longer term CDs, Pentagon Federal Credit Union finally came out with some competitive rates. For October, it's offering 5.00% APY on terms of 3, 4, 5 and 7 years. These yields are much lower than the 6.25% APY that PenFed offered in 2007, but at least they're near the rate leaders for these terms.
Reward Checking Accounts
October didn't start well for reward checking account holders. Several bank and credit unions cut rates including MidWest America FCU which had been offering 7.01% APY on its reward checking account for most of this year. The yield is now 6.31% APY. It was a big drop, but the 6.31% APY remains the highest rate in the nation for a reward checking account. As I mentioned in this post, reward checking yields of 6%+ are slowly disappearing. Nevertheless, the average yields continue to be substantially higher than online savings account yields.
For my full list of reward checking accounts around the nation, please refer to my High Yield Checking website.
Recap for the Week - Links to This Week's Posts
Banking News
- Bailout Bill Signed into Law - Effects to Deposit Insurance?
- Wachovia to Merge with Wells Fargo Instead of Citigroup
- Proposed FDIC Coverage Increase May Only Be Temporary
- Higher FDIC Insurance Limits Being Proposed by Presidential Candidates
- Citigroup to Acquire Wachovia's Banking Operations with Help from the Feds
Savings and Money Market Deals - National
- Citibank Raises Yields: 3.50% Savings Account, 4.00% 6-Month CD
- OnBank Increases Savings Account Yield to 3.75% (then lowers it to 3.60%)
CD Deals - National
- 4.00% 6-Month Online CD at HSBC Direct
- Update on WaMu's 5% 12-Month CDs
- E-LOAN Raises CD Rates, Update on Savings Account
- 5% CDs at Pentagon Federal Credit Union - Nationally Available
- ING Direct Raises 12-Month CD Yield and Lowers 18-Month CD Yield to 4.25%
- 5.25% 60-Month / 4.50% 18-Month CD at Advanta Bank Corp. - Nationally Available
Checking/Savings Account Bonuses
Reward Checking Accounts
- Reward Checking Account Rates Fall
- 6.01% Reward Checking Guaranteed Until 2010 at United FCU
- 4.01% Reward Checking account at Falcon International Bank in Texas
CD and Money Market Deals - Local
- 5.00% 30-Month CD at Regions Bank
- 5.10% 12-Month / 4.80% 6-Month CD at Park Avenue Bank in New York City
- 4.55% 9-Month CD at a Alpha Bank & Trust in Georgia
- 5.05% 29-Month / 4.90% 18-Month CD at Fort Financial CU in IN, NC, MS, IL and WI
- Update on the 5.00% 7-Month CD at Guaranty Bank in California
- 4.00% Savings Account Promotion Guaranteed into Jan 2009 at Imperial Capital Bank
- 4.25% 8-Month CD at Suffolk FCU in New York (and iPod Checking Account Bonus)
- 4.30% 18-Month CD with Early Withdrawal Feature at Consumers Credit Union in Michigan
- 4.50% CD with Terms of 4 to 12 Months at CenTrust Bank in Illinois
- 5.00% 7-Month CD ($25K Max) at Chartway FCU in Rhode Island
- 4.20% 8-Month CD at Premier America Credit Union in Houston
- 4.25% 6-Month CD at STC Capital Bank in Illinois
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 Sep 27th, Sep 20th, Sep 13th, Sep 6th, Aug 30th, Aug 23rd, Aug 16th, Aug 9th and Aug 2nd.
Quick Links: Refer to the following links for the savings accounts and CDs that interest you: Liquid Account Rates: Savings Accounts, Reward Checking, 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 October 4, 2008
Checking/Savings/Money Market Accounts:
- EverBank - 4.76% ($1.5K min), 3mo promo, account review
- AmTrustDirect - 4.00%, 3-mo intro, (e-Savings) account review
- 1st Constitution Direct - 4.00% (min $100), 3 mo promo, account review
- National City - 4.00% (min $5K), 6 mo promo, Not all states, account review
- WaMu/Chase - 4.00% (requires checking), account review
- CNB Bank Direct - 4.00%, 6-mo promo account review
- SmartyPig - 3.90% (min $25) access restrictions, account review
- Corus Bank - 3.85% MMA (min $10K) account review
- UFB Direct - 3.80%, Travelers Savings (min $500)
- Venture Bank Direct - 3.80%, account review
- GCF Bank - 3.80% (min $100), 3-mo promo, account review
- OneUnited - 3.75% (min $1K), account review
- Provident Direct - 3.75%, account review
- DollarSavingsDirect - 3.75% ($1K min) account review
- CapitalOne/Costco - 3.75% Savings (min $10K, Costco members only, $60 deal for exec. members)
- Alliant Credit Union - 3.75% (min $100) account review
- Union Federal Savings - 3.75% account review
- BankUnited - 3.75% (min $5K), account review
- Flagstar - 3.65% MMA, account review
- OnBank - 3.60%, account review
- Amegy Bank - 3.58% (min $10K) account review
- Century Bank Direct - 3.57% MMA (min $1K) account review
- Zions Bank - 3.56% MMA, outside of Utah, (min $2.5K) account review
- Capital One - 3.55% (Savings) (min $10K) account review
- Doral Bank Direct - 3.55% (min $1K) account review
- Heartland Bank Direct - 3.55%, ($500 min), account review
- GMAC Bank - 3.55% Savings (min $500), account review
- Nationwide Bank - 3.52% MMA (min $1K) account review + $25 bonus
- Bank of America DoW - 3.51% MMA (min $5K), account review
- EverBank - 3.51% MMA ($1.5K min) account review
- Citibank - 3.50% (Ultimate Savings) account review
- FNBO Direct - 3.50%, account review
- ShoreBank - 3.50%, account review
- Bank of Internet - 3.46% MMA (min $100) account review
- Century Bank Direct - 3.41% (min $100) account review
- UmbrellaBank - 3.40% MMA (min $1K), account review
- Bank of Internet - 3.40% Checking (min $5K) account review
- Countrywide - 3.40% (min $10K) (3.50% for $50K+) account review
- Century Bank Direct - 3.35% Checking (min $100) account review
- E-LOAN - 3.35% Savings Plus ($10K min) (3.75% for $50K+) account review
- WTDirect - 3.31% ($10K min), account review
- Provident Bank Online - 3.30% (min $10) (rate good thru 2008) account review
- ETrade Bank - 3.30%, post ($25 bonus)
- iGObanking - 3.28%, account review
- M&T Bank - 3.25%, account review
- Amboy Direct - 3.25% (min $3K) (eSavings) account review ($50 bonus)
- HSBC Direct - 3.25% account review
- CapitalOne/Costco - 3.20% MMA (min $1K, Costco members only, $60 deal for exec. members)
- Discover Bank - 3.14% MMA (min $2.5K) (3.25% for $50K+) account review
- Indymac Federal Bank - 3.10% (min $1K) (3.75% for $50K+) account review
- Beverly National Bank - 3.10% (min $5K) account review
- Savings Square - 3.05%, account review
- AmboyDirect - 3.05% (Premium Savings) post ($25 bonus)
- Imperial Capital - 3.05% Checking (min $1K) account review
- E-LOAN - 3.01% ($5K min), account review
- Charles Schwab - 3.00% Checking, account review
- KeyDirect - 3.00% MMA (min $50), Not all states, account review
- Capital One - 3.00% MMA, account review
- Imperial Capital - 3.00% MMA ($2.5K min) (3.75% for $100K+) account review
- Salem Five Direct - 3.00% Checking (3.50% $100K+), account review
- GMAC Bank - 3.00% MMA (min $500), account review
- Transportation Alliance Bank - 3.00%, ($25 min), account review
- ING Direct - 3.00%, (1.75% checking), post ($25 bonus)
- UnivestDirect - 3.00%, (1.75% checking), account review
- Rainier Pacific - 3.00%, MMA account review
- EmigrantDirect - 3.00%, account review
- AARP Financial Savings Center - 3.00%, AARP membership req, account review
- Goldwater Bank - 3.00% (min $1.5K) account review
- ETrade Bank - 2.90% Checking (min $5K) account review
- Melrose CU - 2.78% (min $25) account review
- Mutual Bank - 2.75% MMA (min $5K), account review
- grand yield direct - 2.75% (min $2.5K) account review
- MetLife Bank - 2.75% MMA (min $10K), post ($50 bonus)
- Direct Huntington - 2.70% ($10K min) (3.50% $20K+), account review
- Bank of America NEA - 2.62% MMA ($500 min) (2.83% for $50K+) account review
- Presidential Bank - 2.60% (min $5K, only first $35K receives this rate), offers 2.00% checking, account review
- VirtualBank - 2.53% (min $100), (3.56% $25K+, 3.72% $50K+) post ($20 bonus)
- Self-Help Credit Union - 2.50% MMA (min $500), account review
- UFB Direct - 2.50%, account review
- MyBankingDirect - 2.50% MMA (min $5K), account review
- AmTrustDirect - 2.50%, ongoing, (e-Savings) account review
- ebank - 1.75% MMA ($10K min) (3.56% for $100K+), account review
- Tennessee Commerce Bank - 1.53% (min $10K), account review
- AmTrustDirect - 1.50% (e-Money Market) (1.75% $25K+, 2.00% $50K+) account review
3-Month Certificates of Deposit:
- Third Federal - 4.00% (4-mo) (min $500) account review
- Crestmark Bank - 3.95% (min $25K) account review
- E-LOAN - 3.51% ($10K min), account review
- EverBank - 3.51% ($1.5K min) account review
- Nationwide Bank - 3.50% (min $500) account review
- VirtualBank - 3.46% (min $10K), account review
- Imperial Capital - 3.40%, ($2K min), account review
- ETrade Bank - 3.25% (min $1K), account review
- Metropolitan Bank - 3.25% ($2.5K min), account review
- ebank - 3.25% (min $1K)
- UmbrellaBank - 3.25% (min $1K) account review
- GMAC Bank - 3.25% (min $500), account review
- Element Financial - 3.16% (min $10K), account review
- ISN Bank - 3.10% (min $10K) account review
- Self-Help Credit Union - 3.05% (min $500), account review
- FirstFedDirect - 3.01% (min $10K), account review
- Countrywide - 3.00% (min $10K), account review
- UFB Direct - 2.81% (min $8K)
- National Bank of KC - 2.60% (min $10K), account review
6-Month Certificates of Deposit:
- Dime Savings - 5.00% (min $500), requires chk and DD, account review
- Christian Community CU - 4.50% (7-mo) (min $500) not NCUA insured (ASI only) account review
- AmTrustDirect - 4.35% (min $1K) account review
- Crestmark Bank - 4.30% (min $25K) account review
- Corus Bank - 4.25% (min $10K) account review
- E-LOAN - 4.15% ($10K min), account review
- H&R Block Bank - 4.15% (min $5K) account review
- Imperial Capital - 4.10% ($2K min), account review
- VirtualBank - 4.08% (min $10K), account review
- Ascencia Bank - 4.07% (min $500), account review
- Century Bank Direct - 4.01% (5 mo) (min $1K) account review
- HSBC Direct - 4.00% (min $10) account review
- Citibank - 4.00% (min $500) account review
- GMAC Bank - 4.00% (min $500), account review
- Countrywide Bank - 3.90% (7-mo) (min $10K) account review
- ebank - 3.90% (min $1K)
- Zions Bank - 3.82% (min $1K) account review
- Tennessee Commerce Bank - 3.80% (min $5K)
- IndyMac Federal Bank - 3.80% (7-mo)(min $5K) account review
- Metropolitan Bank - 3.78% ($2.5K min), account review
- KeyDirect - 3.75% (min $5K), 4.00% w/chk, Not all states, account review
- Northrop Grumman FCU - 3.75% (min $40K), account review
- Nationwide Bank - 3.75% (7mo) (min $500) account review
- ING Direct - 3.75%, account review
- Flagstar - 3.75% (min $500), account review
- La Jolla Bank - 3.75% (min $10K), account review
- Wachovia - 3.60% (7-mo) (min $5K) account review
- EverBank - 3.51% ($1.5K min) account review
- Element Financial - 3.50% (min $10K), account review
- Doral Bank Direct - 3.50% (min $1K) account review
- UmbrellaBank - 3.50% (min $1K) account review
- Excel National Bank - 3.50% (min $10K), account review
- ETrade Bank - 3.45% (min $1K), account review
- CU of Georgia - 3.40% (min $50K), account review
- University FCU - 3.40% (min $2.5K), account review
- Advanta Bank - 3.40% (min $10K), account review
- Bank of Internet - 3.35% (min $1K) account review
- Mountain America CU - 3.35% (min $1K) account review
- Greystone Bank - 3.35% (min $50K) account review
- Countrywide - 3.30% (min $10K), account review
- Intervest - 3.30% (min $2.5K), account review
- Self-Help Credit Union - 3.30% (min $500), account review
- FirstFedDirect - 3.25% (min $10K), account review
- Principal Bank - 3.25% (7 mo) (min $5K), account review
- ISN Bank - 3.10% (min $1K) account review
- Capital One - 3.10% (min $5K) account review
- Western FCU - 3.02% (min $40K), account review
- UFB Direct - 3.01% (min $8K)
- Wells Fargo - 3.00% (7 months) (min $5K), rate and min vary by state, account review
- Air Academy FCU - 2.95% (min $10K) restrictions to membership, account review
- Bank of America - 2.90% (7-mo) (min $5K) account review
- National Bank of KC - 2.85% (min $10K), account review
- iGObanking - 2.75% (min $500), account review
- Lehman Brothers Bank - 2.07% (min $1K)
- WaMu/Chase - 2.00% (min $1K), account review
9-Month Certificates of Deposit:
- Christian Community CU - 4.50% (min $500) not NCUA insured (ASI only) account review
- Century Bank Direct - 4.45% (10 mo) (min $1K) account review
- FirstFedDirect - 4.30% (min $10K) account review
- Crestmark Bank - 4.30% (min $25K) account review
- WaMu/Chase - 4.25% (8 mo) (min $1K), account review
- E-LOAN - 4.20% ($10K min), account review
- La Jolla Bank - 4.20% (10mo) (min $10K), account review
- Imperial Capital - 4.15% ($2K min), account review
- AmTrustDirect - 4.15% (min $1K) account review
- VirtualBank - 4.13% (min $10K), account review
- ebank - 4.06% (min $1K) account review
- Stonebridge Bank - 4.00% (min $500) account review
- Fifth Third - 4.00% (min $5K), Not all states, account review
- Mountain America CU - 4.00% (min $1K) account review
- GMAC Bank - 3.90% (min $500), account review
- Academy Bank - 3.80% (min $500), account review
- UmbrellaBank - 3.80% (min $1K) account review
- ING Direct - 3.75% account review
- Indymac Federal Bank - 3.75% (min $5K) account review
- EverBank - 3.51% ($1.5K min) account review
- Element Financial - 3.50% (min $10K), account review
- Doral Bank Direct - 3.50% (min $1K) account review
- Bank of Internet - 3.35% (min $1K) account review
- Citibank - 3.25% (min $500)
- Countrywide - 3.00% (min $10K), account review
- National Bank of KC - 2.85% (min $10K), account review
- iGObanking - 2.75% (min $500), account review
12-Month Certificates of Deposit:
- WaMu/Chase - 5.00% (min $1K), account review
- Corus Bank - 4.65% (min $10K) account review
- Geauga Savings Bank - 4.65% (min $60K) account review
- Flagstar - 4.50% (min $500), account review
- Christian Community CU - 4.50% (min $500) not NCUA insured (ASI only) account review
- VirtualBank - 4.45% (min $10K), account review
- E-LOAN - 4.40% ($10K min), account review
- BankUnited - 4.40% (min $5K) account review
- Pacific Mercantile Bank - 4.39% (min $10K) account review
- Fifth Third - 4.35% (13 mo) (min $5K), Not all states, account review
- GMAC Bank - 4.35% (min $500), account review
- State Bank of India - 4.32% (min $5K) account review
- Melrose CU - 4.32% (min $5K) account review
- Ascencia Bank - 4.31% (min $500), account review
- Tennessee Commerce Bank - 4.31% (min $5K)
- ebank - 4.30% (14 mo) (min $1K)
- AmTrustDirect - 4.30% (min $1K) account review
- Crestmark Bank - 4.30% (min $25K) account review
- Mountain America CU - 4.25% (15mo) (min $1K) account review
- Advanta Bank - 4.25% (min $10K), account review
- ING Direct - 4.25% account review
- NASA FCU - 4.25% (11 mo) ($5K min) account review
- National City Bank - 4.25% (13-mo) (min $10K), req chk, account review
- Imperial Capital - 4.25% ($2K min), account review
- ebank - 4.25% (min $1K)
- La Jolla Bank - 4.25% (min $10K), account review
- Century Bank Direct - 4.16% (15 mo) (min $1K) account review
- Academy Bank - 4.10% (min $500), account review
- UmbrellaBank - 4.10% (min $1K) account review
- Wachovia - 4.10% (min $5K) account review
- EverBank - 4.05% ($1.5K min) account review
- Discover Bank - 4.04% (min $2.5K) account review
- Northrop Grumman FCU - 4.02% (min $40K), account review
- iGobanking - 4.00% (13mo) (min $500), account review
- Capital One - 4.00% (min $5K) account review
- NewDominion Bank - 4.00% (min $3K) account review
- Digital Credit Union - 4.00% (15 mo) (min $500) account review
- Navy FCU - 4.00% (15 mo) ($15K min) restrictions to membership, account review
- Indymac Federal Bank - 4.00% (min $5K) account review
- Greystone Bank - 4.00% (min $50K) account review
- KeyDirect - 4.00% (13mo) (min $5K), 4.25% w/chk, Not all states, account review
- Alliant Credit Union - 3.90% (min $25K) account review
- Countrywide - 3.90% (min $10K), account review
- Heritage Bank - 3.90% (min $5K) account review
- CU of Georgia - 3.87% (min $50K), account review
- Element Financial - 3.85% (min $10K), account review
- Bank of Internet - 3.82% (min $1K) account review
- Zopa - 3.75% (min $500) account review
- Intervest - 3.66% (min $2.5K), account review
- M&T Bank - 3.59% (min $5K) account review
- ETrade Bank - 3.55% (min $1K), account review
- Western FCU - 3.55% (min $40K), account review
- Principal Bank - 3.51% (14 mo) (min $5K), account review
- Delta Community CU - 3.50% (min $1K) account review
- University FCU - 3.50% (min $2.5K), account review
- Doral Bank Direct - 3.50% (min $1K) account review
- ISN Bank - 3.50% (min $1K) account review
- Air Force FCU - 3.45% (min $25K) restrictions to membership, account review
- FirstFedDirect - 3.40%, (min $10K) account review
- National Bank of KC - 3.40% (min $10K), account review
- Self-Help Credit Union - 3.35% (min $500), account review
- Mutual Bank - 3.32% (min $2.5K) account review
- H&R Block Bank - 3.25% (min $250) account review
- Air Academy FCU - 3.15% (min $10K) membership restrictions, account review
- GTE FCU - 3.09% (min $500) account review
- UFB Direct - 3.01% (min $8K)
- Transportation Alliance Bank - 2.50% ($1K min)
- Lehman Brothers Bank - 2.12% (min $1K)
18-Month Certificates of Deposit:
- National City Bank - 5.00% (19-mo) (min $10K), req chk, account review
- BankUnited - 4.60% (min $5K) account review
- Capital One - 4.51% (min $5K) account review
- Geauga Savings Bank - 4.51% (min $60K) account review
- Advanta Bank - 4.50% (min $10K), account review
- Digital Credit Union - 4.50% (20 mo) (min $500) account review
- Christian Community CU - 4.50% (min $500) not NCUA insured (ASI only) account review
- E-LOAN - 4.45% ($10K min) account review
- VirtualBank - 4.45% (min $10K), account review
- Discover Bank - 4.39% (min $2.5K), account review
- AmTrustDirect - 4.38% (min $1K) account review
- Tennessee Commerce Bank - 4.31% (min $5K)
- iGObanking - 4.30% (min $500) account review
- Greystone Bank - 4.30% (min $50K) account review
- ebank - 4.25% (min $1K)
- GMAC Bank - 4.25% (min $500) account review
- ING Direct - 4.25%, account review
- Century Bank Direct - 4.21% (20 mo) (min $1K) account review
- OnBank - 4.20% (min $500), account review
- NewDominion Bank - 4.15% (min $3K) account review
- Intervest - 4.10% (min $2.5K), account review
- State Farm Bank - 4.10% (min $500) account review
- Flagstar - 4.05% (min $500), account review
- EverBank - 4.01% ($1.5K min) account review
- Doral Bank Direct - 4.00% (min $1K) account review
- KeyDirect - 4.00% (min $5K), 4.25% w/chk, Not all states, account review
- Heritage Bank - 4.00% (min $5K) account review
- M&T Bank - 3.91% (min $5K) account review
- Alliant Credit Union - 3.90% (min $25K) account review
- Bank of Internet - 3.82% (min $1K) account review
- Mountain America CU - 3.60% (min $1K) account review
- Academy Bank - 3.60% (min $500) account review
- Element Financial - 3.50% (min $10K), account review
- National Bank of KC - 3.40% (min $10K), account review
- ETrade Bank - 3.00% (min $1K), account review
- Countrywide - 3.00% (min $10K), account review
- H&R Block Bank - 2.75% (min $250) account review
- Lehman Brothers Bank - 2.17% (min $1K)
24-Month Certificates of Deposit:
- Fifth Third - 4.75% (min $5K) not all states, account review
- KeyDirect - 4.75% (23 mo) (min $5K), 5.00% w/chk, Not all states, account review
- Geauga Savings Bank - 4.53% (min $1K) account review
- E-LOAN - 4.51% ($10K min) account review
- ING Direct - 4.50% account review
- Wachovia - 4.50% (min $5K) account review
- Discover Bank - 4.50% (min $2.5K) account review
- VirtualBank - 4.50% (min $10K), account review
- Melrose CU - 4.47% (min $5K) account review
- 1st Source Bank - 4.45% (min $5K) account review
- State Bank of India - 4.42% (min $5K) account review
- Advanta Bank - 4.40% (min $10K), account review
- Greystone Bank - 4.40% (min $50K) account review
- Tennessee Commerce Bank - 4.37% (min $5K)
- Intervest - 4.35% (min $2.5K), account review
- AmTrustDirect - 4.35% (min $1K) account review
- GMAC Bank - 4.35% (min $500) account review
- OnBank - 4.30% (min $500), account review
- NewDominion Bank - 4.25% (min $3K) account review
- Provident Direct - 4.25% (min $1K) bank review
- M&T Bank - 4.18% (min $5K) account review
- Capital One - 4.15% (min $5K) (4.30% $100K+) account review
- Heritage Bank - 4.10% (min $5K) account review
- Flagstar - 4.10% (min $500), account review
- Northrop Grumman FCU - 4.08% (min $40K), account review
- Ascencia Bank - 4.06% (min $500), account review
- Alliant Credit Union - 4.05% (min $25K) account review
- Bank of Internet - 4.03% (min $1K) account review
- iGObanking - 4.00% (min $500) account review
- CU of Georgia - 3.97% (min $50K), account review
- National Bank of KC - 3.85% (min $10K), account review
- Air Force FCU - 3.85% (min $25K) restrictions to membership, account review
- University FCU - 3.72% (min $2.5K), account review
- Mountain America CU - 3.65% (min $1K) account review
- Delta Community CU - 3.65% (min $1K) account review
- Presidential Bank - 3.65% (min $1K)
- Self-Help Credit Union - 3.61% (min $500), account review
- EverBank - 3.61% ($1.5K min) account review
- Element Financial - 3.60% (min $10K), account review
- Navy FCU - 3.60% ($20K min) (3.75% for $100K+) restrictions to membership, account review
- Western FCU - 3.55% (min $40K), account review
- Mutual Bank - 3.53% (min $1K) account review
- Countrywide - 3.50% (min $10K), account review
- H&R Block Bank - 3.50% (min $250) account review
- ebank - 3.40% (min $1K)
- Air Academy FCU - 3.35% (min $10K) membership restrictions, account review
- Doral Bank Direct - 3.25% (min $1K) account review
- UFB Direct - 3.01% (min $8K)
- Apple Bank - 3.00% (min $500) account review
- Transportation Alliance Bank - 2.60% ($1K min)
- Lehman Brothers Bank - 2.28% (min $1K)
36-Month Certificate of Deposit:
- National City Bank - 5.25% (min $10K), req chk, account review
- Fifth Third - 5.05% (37 mo) (min $5K) Not all states account review
- Pentagon Federal CU - 5.00% (min $1K), account review
- Huntington - 5.00% (min $1K) account review
- 1st Source Bank - 4.80% (min $500) account review
- Geauga Savings Bank - 4.78% (min $25K) account review
- Intervest - 4.75% (min $2.5K), account review
- Discover Bank - 4.75% (min $2.5K) account review
- E-LOAN - 4.71% ($10K min) account review
- State Bank of India - 4.58% (min $5K) account review
- Melrose CU - 4.58% (min $5K) account review
- Advanta Bank - 4.55% (min $10K), account review
- NewDominion Bank - 4.50% (min $3K) account review
- GMAC Bank - 4.50% (min $500) account review
- KeyDirect - 4.50% (min $5K), 4.75% w/chk, Not all states, account review
- M&T Bank - 4.50% (min $5K) account review
- VirtualBank - 4.50% (min $10K), account review
- Greystone Bank - 4.45% (min $50K) account review
- OnBank - 4.45% (min $500), account review
- Tennessee Commerce Bank - 4.39% (min $5K)
- Western FCU - 4.38% (min $40K), account review
- AmTrustDirect - 4.35% (min $1K) account review
- Heritage Bank - 4.30% (min $5K) account review
- ING Direct - 4.25%, account review
- Third Federal - 4.25% (min $500) account review
- Ascencia Bank - 4.25% (min $500), account review
- Flagstar - 4.20% (min $500), account review
- Capital One - 4.15% (min $5K) (4.30% $100K+) account review
- Bank of Internet - 4.08% (min $1K) account review
- CU of Georgia - 4.07% (min $50K), account review
- Northrop Grumman FCU - 4.05% (min $40K), account review
- National Bank of KC - 4.00% (min $10K), account review
- H&R Block Bank - 4.00% (min $250) account review
- EverBank - 3.96% ($1.5K min) account review
- Air Force FCU - 3.90% (min $25K) restrictions to membership, account review
- Mutual Bank - 3.89% (min $1K) account review
- Delta Community CU - 3.85% (min $1K) account review
- University FCU - 3.80% (min $2.5K), account review
- Agriculture FCU - 3.75% (min $1K), account review
- Mountain America CU - 3.75% (min $1K) account review
- Navy FCU - 3.70% ($20K min) restrictions to membership, account review
- Countrywide - 3.70% (min $10K), account review
- Element Financial - 3.70% (min $10K), account review
- Principal Bank - 3.70% (33 mo) (min $5K), account review
- Patelco CU - 3.61% ($1K min), account review
- Self-Help Credit Union - 3.61% (min $500), account review
- Air Academy FCU - 3.55% (min $10K) membership restrictions, account review
- Doral Bank Direct - 3.50% (min $1K) account review
- ebank - 3.40% (min $1K)
- ETrade Bank - 3.25% (min $1K), account review
- UFB Direct - 3.01% (min $8K)
- Transportation Alliance Bank - 2.70% ($1K min)
- Lehman Brothers Bank - 2.38% (min $1K)
48-Month Certificate of Deposit:
- National City Bank - 5.25% (min $10K), req chk, account review
- Flagstar - 5.10% (min $500), account review
- Intervest - 5.05% (min $2.5K), account review
- Pentagon Federal CU - 5.00% (min $1K), account review
- M&T Bank - 4.97% (min $5K) account review
- Discover Bank - 4.96% (min $2.5K) account review
- E-LOAN - 4.91% ($10K min) account review
- Melrose CU - 4.84% (min $5K) account review
- 1st Source Bank - 4.80% (min $500) account review
- Advanta Bank - 4.75% (min $10K), account review
- GMAC Bank - 4.75% (min $500) account review
- Third Federal - 4.75% (min $500) account review
- OnBank - 4.65% (min $500), account review
- Western FCU - 4.55% (min $40K), account review
- KeyDirect - 4.50% (min $5K), 4.75% w/chk, Not all states, account review
- NewDominion Bank - 4.50% (min $3K) account review
- Greystone Bank - 4.50% (min $50K) account review
- VirtualBank - 4.50% (min $10K), account review
- Tennessee Commerce Bank - 4.45% (min $5K)
- USA FCU - 4.44% (min $1K) account review
- Heritage Bank - 4.40% (min $5K) account review
- Patelco CU - 4.28% ($1K min), account review
- ING Direct - 4.25%, account review
- Capital One - 4.25% (min $5K) (4.50% $100K+) account review
- CU of Georgia - 4.18% (min $50K), account review
- EverBank - 4.16% ($1.5K min) account review
- Northrop Grumman FCU - 4.12% (min $40K), account review
- National Bank of KC - 4.10% (min $10K), account review
- Mountain America CU - 4.00% (min $1K) account review
- University FCU - 3.97% (min $2.5K), account review
- Countrywide - 3.95% (min $10K), account review
- Navy FCU - 3.90% ($20K min) restrictions to membership, account review
- Bank of Internet - 3.89% (min $1K) account review
- Self-Help Credit Union - 3.87% (min $500), account review
- Agriculture FCU - 3.85% (min $1K), account review
- Citibank - 3.80% (min $500)
- Element Financial - 3.80% (min $10K), account review
- Air Academy FCU - 3.65% (min $10K) membership restrictions, account review
- Doral Bank Direct - 3.50% (min $1K) account review
- H&R Block Bank - 3.50% (min $250) account review
- ebank - 3.40% (min $1K)
- WaMu/Chase - 3.00% (min $1K), account review
- Transportation Alliance Bank - 2.85% ($1K min)
- Lehman Brothers Bank - 2.43% (min $1K)
60-Month Certificate of Deposit:
- Advanta Bank - 5.25% (min $10K), account review
- E-LOAN - 5.25% ($10K min) (5.15% $100K+) account review
- Intervest - 5.25% (min $2.5K), account review
- Melrose CU - 5.25% (min $5K) account review
- Discover Bank - 5.21% (min $2.5K) account review
- State Bank of India - 5.15% (min $5K) account review
- Wachovia - 5.15% (min $5K) account review
- Capital One - 5.05% (min $5K) (5.10% $100K+) account review
- Pentagon Federal CU - 5.00% (min $1K), account review
- KeyDirect - 5.00% (min $5K), 5.25% w/chk, Not all states, account review
- GMAC Bank - 5.00% (min $500) account review
- M&T Bank - 5.00% (min $5K) account review
- US Bank - 5.00% (59 mo) (min $1K), Not all states, account review
- Provident Direct - 5.00% (min $1K) bank review
- OnBank - 4.90% (min $500), account review
- 1st Source Bank - 4.80% (min $500) account review
- Western FCU - 4.75% (min $40K) account review
- Third Federal - 4.75% (min $500) account review
- Tennessee Commerce Bank - 4.65% (min $5K)
- Mountain America CU - 4.60% (min $1K) account review
- VirtualBank - 4.60% (min $10K), account review
- Flagstar - 4.56% (min $500), account review
- Greystone Bank - 4.55% (min $50K) account review
- ING Direct - 4.50%, account review
- NewDominion Bank - 4.50% (min $3K) account review
- Heritage Bank - 4.50% (min $5K) account review
- Salem Five Bank - 4.50% (min $10K), account review
- ebank - 4.50% (min $1K) account review
- Mutual Bank - 4.45% (min $1K) account review
- Patelco CU - 4.39% ($1K min), account review
- AmTrustDirect - 4.35% (min $1K) account review
- Northrop Grumman FCU - 4.35% (min $40K), account review
- CU of Georgia - 4.33% (min $50K), account review
- EverBank - 4.31% ($1.5K min) account review
- Agriculture FCU - 4.30% (min $1K), account review
- Bank of Internet - 4.29% (min $1K) account review
- Telcom Credit Union - 4.25% (min $500) account review
- Delta Community CU - 4.25% (min $1K) account review
- Navy FCU - 4.25% ($20K min) (4.40% for $100K+) restrictions to membership, account review
- Ascencia Bank - 4.25% (min $500), account review
- H&R Block Bank - 4.25% (min $250) account review
- USA FCU - 4.23% (min $1K) account review
- University FCU - 4.22% (min $2.5K), account review
- National Bank of KC - 4.20% (min $10K), account review
- Self-Help Credit Union - 4.13% (min $500), account review
- Citibank - 4.00% (min $500)
- iGobanking - 4.00% (min $500), account review
- Element Financial - 4.00% (min $10K), account review
- Countrywide - 3.95% (min $10K), account review
- Air Force FCU - 3.95% (min $25K) restrictions to membership, account review
- ETrade Bank - 3.75% (min $1K), account review
- Air Academy FCU - 3.75% (min $10K) membership restrictions, account review
- Presidential Bank - 3.75% (min $1K)
- Doral Bank Direct - 3.50% (min $1K) account review
- UFB Direct - 3.01% (min $8K)
- Transportation Alliance Bank - 3.00% ($1K min)
- Apple Bank - 3.00% (min $500) account review
- WaMu/Chase - 3.00% (min $1K), account review
- Lehman Brothers Bank - 2.48% (min $1K)
84-Month Certificate of Deposit:
- CapitalOne/Costco - 5.45% (min $5K) account review
- Discover Bank - 5.40% (min $2.5K) account review
- Capital One - 5.40% (min $5K) account review
- Intervest - 5.27% (min $2.5K), account review
- Pentagon Federal CU - 5.00% (min $1K), account review
- KeyDirect - 5.00% (min $5K) (5.50% 10yr), 5.25% w/chk, Not all states, account review
- Navy FCU - 4.75% ($20K min) restrictions to membership, account review
- Countrywide - 3.00% (min $10K), account review
- WaMu/Chase - 3.00% (min $1K), account review
Various Deposit Account Deals
- Checking/Savings Account Bonuses
- Latest CD and Savings Account Deals with No Major Deposit Limitiations
High Yield Reward Checking Accounts - Open to All
Checking and Saving Accounts at Local Banks/Credit Unions
- Local High Yield Reward Checking Accounts Ordered by States
- Local High Yield Reward Checking Accounts
- 4.25% 3-Month Money Market Promo at Amboy (New Jersey)
- 3.05% Checking Account (Florida)
- 3.05% Money Market Account (Utah)
- 2.80% No-Minimum Online Savings Account (New York)
- 2.75% Low-Minimum Online Savings Account (California)
Recent CD Specials at Local Credit Unions and Banks
- 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
Bank Account Alternatives
- Money Magazine article on risk-free investments
- Vanguard Tax-Exempt Money Market Fund - 5.51% 7-day yield
- Fidelity Municipal Money Market Fund - 5.23% 7-day yield
- GE Interest Plus - 3.45% rate for $50k+
- Fidelity Money Market Fund - 2.69% 7-day yield (reviews on Fatwallet)
- TIAA-CREF Money Market Fund - 2.42% 7-day yeild
- Paypal Money Market Fund - 2.36% 7-day yield (1% cashback debit MasterCard)
- Vanguard Prime Money Market Fund - 2.28% 7-day yield
- FW Thread on Treasury Bills
- I Bonds for 2008, 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
Anonymous - #1, Saturday, October 4, 2008 - 1:29 PM
I have all my TD AMeritrade stock brokerage account cash now being swept into a New York State muni money market account paying over 5% interest. I can switch back to a regular money market at any time and also buy stocks at a whim. Anyone NOT think these muni funds currently paying high rates are still a pretty safe bet?
Jim (anonymous) - #2, Saturday, October 4, 2008 - 2:20 PM
Well, I've heard of some Cali budget problems, but nothing about New York (not that they don't have problems, but if they do, I haven't heard about it... not that I've been looking).
Also, regarding Fed rate predictions, 1% is indeed the new popular choice.
http://www.clevelandfed.org/research/data/fedfunds/index.cfm
Anonymous - #3, Sunday, October 5, 2008 - 4:54 AM
Ensure our elected representatives know we want the FDIC and NCUA deposit insurance increase made permanent.
Anonymous - #4, Tuesday, October 7, 2008 - 2:31 PM
CNN and others are reporting that Bernanke is "hinting" that the Fed will cut rates: http://money.cnn.com/2008/10/07/news/economy/bernanke_speech/?postversion=2008100714
Add Your Comment
Post a Comment