Best Bank Account Interest Rates - Summary for July 29, 2014
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Survey of the Best CD Rates for July 28, 2014Major Regional Banks: Their Latest Losses and CD Deals
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POSTED ON BY Ken Tumin
As this NY Times article describes, four large regional banks reported their third quarter results today. As you might expect, they continue to have problems. Here's a summary of their results:
There are some good deals on longer and shorter term CDs, but the above CDs are just a sample of the most competitive rates. Please note that these specials are not available in all states. Also note that the rates listed in the CD reviews may be out-of-date. Please check the banks' websites for the latest rates. The links to the banks' rate tables are in the reviews.
- National City - fifth quarterly loss, announced a 14% work force reduction
- Fifth Third - second quarterly loss
- KeyCorp - second quarterly loss
- US Bancorp - reported a quarterly profit, but it fell 47% which was more than expected
There are some good deals on longer and shorter term CDs, but the above CDs are just a sample of the most competitive rates. Please note that these specials are not available in all states. Also note that the rates listed in the CD reviews may be out-of-date. Please check the banks' websites for the latest rates. The links to the banks' rate tables are in the reviews.
