Bank Deals Weekly Summary for February 7, 2009

Hot Deals, Quick Link for Rates, Recap of this week's posts

There were three more bank failures yesterday which was the second Friday in a row with three bank closures. The good news for depositors of these failed banks is that all deposits, even those above FDIC limits, were transferred to the assuming banks. The bad news is that the assuming banks have the option to reduce rates on the CDs from those closed banks. Losing the rate lock of a long-term CD is the main risk when your bank fails.

Savings Account Rates

This is yet another week with falling rates. Several of the rate leaders had substantial rate cuts this week including Dollar Savings Direct, Bank of Internet and Clear Sky Accounts. Most of the non-promo rate leaders now have rates in the range of low three percent. There are a few former rate leaders that now have pathetic rates. These include savings accounts from OnBank (1.30%), UFB Direct (1.10%) and AARP Financial Savings Center (1.25%).

The only good news for savers is that inflation is low (at least as measured by the CPI-U). So many of these savings account rates are still above the inflation rate.

Broadway Federal Bank continues to offer a 4.08% APY online savings account. In my account review post a reader commented about his experience with this bank. Besides the high rate, it has many downsides. Since the rate can plummet at any time, it's questionable if it's worthwhile to open this account.

That's one advantage of promos like what EverBank offers which guarantees an intro rate for 3 months. Three banks have 3-month intro rates for their accounts of around 3.50%. EverBank lowered their 3-month intro rate to 3.51%. 1st Constitution Direct's 3-mo promo rate remains at 3.50%, and this is the second week of Doral Bank Direct's 3.50% 3-mo promo.

Here's the long list of this week's rate cuts:

Rate Hikes:

1. None

Rate Drops:

1. UFB Direct - 1.10% (was 2.00%)
2. AARP Financial Sav Cntr - 1.25% (was 1.50%)
3. Zions MMA - 2.66% (was 2.79%)
4. Amegy MMA - 2.60% (was 2.75%)
5. Imperial Capital MMA - 2.40% to 3.10% (was 2.50% to 3.25%)
6. E-LOAN Savings Plus - 2.20% $10K (was 2.30%)
7. iGObanking Savings - 2.81% (was 3.08%)
8. GMAC Savings - 2.75% (was 3.00%)
9. GMAC MMA - 2.25% (was 2.50%)
10. BankUnited Savings - 2.05% (was 3.00%)
11. Zions MMA - 2.66% (was 2.79%)
12. Savings Square - 2.90% (was 3.30%)
13. WTDirect - 2.51% (was 2.81%)
14. AmboyDirect Premium Savings - 2.27% (was 2.53%)
15. AmboyDirect eSavings - 2.02% (was 2.53%)
16. Dollar Savings Direct - 3.20% (was 3.50%)
17. Venture Bank Direct Savings - 2.48% (was 3.30%)
18. Bank of Internet Savings - 3.10% (was 3.51%)
19. Bank of Internet Chk - 1.60% (was 2.60%)
20. Bank of Internet MMA - 2.00% (was 2.90%)
21. UmbrellaBank MMA - 1.60% to 1.95% (was 2% to 2.27%)
22. ING Direct Savings - 2.20% (was 2.40%)
23. ETrade Savings - 2.50% (was 3.01%)
24. EverBank 3mo intro rate - 3.51% (was 3.76%)
25. EverBank MMA standard APY - 2.46% (was 2.96%)
26. FNBO Direct Savings - 2.60% (was 2.80%)
27. Alliant CU Savings - 3.00% (was 3.25%)
28. Clear Sky Savings - 3.15% (was 3.75%)

Certificate of Deposit Rates

In addition to the savings account promotion, Doral Bank Direct continues its CD promotion with a 3.50% APY 11-month CD. This continues to be the highest CD rate from a bank on my list for terms around 12 months. H&R Block Bank continues to offer high yields on many of its terms.

Several credit unions came out with new lower CD rates for February, but many continue to be more competitive than CDs from banks. I added a new easy-membership credit union to my list with several competitive CD rates. This is Northwest FCU, and it's offering a 3.75% APY 2-year add-on CD and standard CDs with rates as high as 4.73% APY for 5 years (see post).

Refer to the list below for a few of the best nationwide CD deals. The full list of nationwide CD rates is farther down.

1. 3.50% 6-mo CD at Navy FCU (account review)
2. 3.75% 10-mo Hybrid CD ($50K Max) at 1st Mariner Bank (account review)
3. 3.50% 11-mo CD at Doral Bank Direct (account review
4. 3.75% 24-mo Add-On CD at Northwest FCU (account review)
5. 3.50% 24-mo & 4% 36-mo CD at H&R Block Bank (account review)
6. 4.25% 48-mo CD at Alliant CU (account review)
7. 4.15% 48-mo, 4.39% 60-mo CD at Pentagon FCU (account review)

I also posted on some good CD deals from banks and credit unions that don't offer accounts nationwide. Refer to the recap below for the full list. Please note that rates are falling fast, so check with the banks' websites for the latest rates. Here are some of the best deals to note:

1. 3.56% 3 to 12-mo Internet CDs at Hanmi Bank in CA (account review)
2. 4.17% 17-mo CD ($70K max) at South Jersey FCU (account review)
3. 4.00% 13-mo CD at Business Bank in Washington State (account review)
4. 4.75% 60-mo CD at Community One FCU in Las Vegas (account review)

Reward Checking Accounts

I posted on four new reward checking accounts this week with two of these four offering 5.01% APY. Overall, reward checking rates are going down like all the other bank accounts, but most reward checking accounts continue to offer higher rates than online savings accounts. One internet bank that offers both a reward checking account and an online savings account is Venture Bank Direct. Since December, their online savings account rate has fallen from 3.60% to 2.48% APY. However, their reward checking account rate has held at 3.50% APY for up to $25K. As I described in my post on the math behind reward checking, debit card usage requirements help boost reward checking rates. It'll be interesting to see if Venture Bank Direct's reward checking will maintain its rate lead.

For my full list of reward checking accounts around the nation, please refer to my High Yield Checking website. For reward checking accounts available nationally, please refer to my nationwide table.

Recap for the Week - Links to This Week's Posts

Banking News

• 9th Bank Failure of 2009: County Bank in California
• 8th Bank Failure of 2009: Alliance Bank in California
• 7th Bank Failure of 2009: FirstBank Financial Services in Georgia

Savings/Checking Accounts - National

• H&R Block Bank Money Market and Checking Accounts - Nationally Available
• 3.50% 11-Month CD & 3.50% Savings Account For 3 Months at Doral Bank Direct

CD Deals - National

• 4.00% 4-Year CD at Capital One Direct - Nationally Available
• 3.75% 2-Year Add-On CD at Northwest FCU in Virginia - Easy Membership
• 3.75% 10-Month Online Hybrid CD at 1st Mariner Bank - $50K Max
• Pentagon Federal Credit Union's February CD Rates
• 4.50% 5-Year CD and Other High CD Rates at Mountain America Credit Union - Easy Membership
• 3.50% 18-Month CD at NASA Federal Credit Union - Easy Membership

Checking/Savings Account Bonuses

• $125 Checking Account & Direct Deposit Bonus at Tower FCU in Maryland
• Free Apple 8 GB iPod Touch Checking Account Promotion at The Bryn Mawr Trust Company in PA
• $123 Checking Account Bonus at Provident Bank
• $100 Bonus, 2.75% APY Checking Account and 3% 9-mo CD at Sun National Bank in New Jersey

Reward Checking Accounts

• 5.01% Reward Checking Account at First National Bank of Berlin, Wisconsin
• 4.32% Reward Checking Account at Florida Bank of Commerce
• High-Yield Reward Checking News - Growing Popularity
• 4.25% Reward Checking Account at Texans Credit Union
• 5.01% Reward Checking Account at Peoples Bank in Georgia

CD and Money Market Deals - Local

• 3.50% 16-Month CD at Peoples Trust Credit Union in Michigan
• 3.60% 15-Month CD & Other High CD Rates at STCU in Washington State
• 4.00% 13-Month CD and Other High CD Rates at Business Bank in Washington State
• 3.25% 12-Month CD at First Entertainment Credit Union in Los Angeles
• 3.75% 19-Month CD at Teachers Credit Union in Indiana
• 4.00% 18-Month CD at Pinnacle Federal Credit Union in NJ - Easy Membership
• 4.17% 17-Month CD and Other High Yield CDs at South Jersey FCU
• 3.44% 18-Month CD at Velocity Credit Union in Texas - Easy Membership
• 3.51% 12-Month CD at Peoples Bank in Georgia
• 5.00% 5-Year CD & 4.00% 18-month CD Continue at Community One FCU in Las Vegas
• 3.25% 6-Month Jumbo CD at Teachers Federal Credit Union in New York
• 3.50% 13-Month CD & 3.15% 7-Month CD at Sunshine Savings Bank in Florida
• 3.25% 10-Month CD and Other High CD Rates at Tri-Co FCU in New Jersey
• 3.50% 12-Month CD and Other High CD Rates at Montauk Credit Union in New York City

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 Feb 1st, Jan 24th, Jan 10th, Jan 3rd, Dec 27th, Dec 20th, Dec 13th, Dec 6th, Nov 29th, Nov 22nd and Nov 15th.

Quick Links: Refer to the following links for the savings accounts and CDs that interest you: Liquid Account Rates: Savings Accounts, Reward Checking, 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 February 7, 2009

Checking/Savings/Money Market Accounts:

• Reward Checking Accounts with Yields up to 6.01%

• Broadway Federal Bank - 4.08% ($1K min) account review
• EverBank - 3.57% ($1.5K min), 3 mo promo rate of 3.51%, account review
• 1st Constitution Direct - 3.50% (min $100), 3 mo promo, account review
• Doral Bank Direct - 3.50% 3mo promo, new money (min $1K) account review
• CNB Bank Direct - 3.40% account review
• SmartyPig - 3.25% (min $25) access restrictions, account review
• H&R Block Bank - 3.25% ($50K min) account review
• DollarSavingsDirect - 3.20% ($1K min) account review
• ShoreBank - 3.15%, account review
• Clear Sky Accounts - 3.15% account review
• Bank of Internet - 3.10% (min $100) account review
• Union Federal Savings - 3.05% account review
• Century Bank Direct - 3.04% Savings (min $100) account review
• Flagstar - 3.00% MMA, account review
• OneUnited - 3.00% (min $1K), account review
• Alliant Credit Union - 3.00% (min $100) account review
• Savings Square - 2.90%, account review
• Imperial Capital - 2.85% Checking (min $1K) account review
• Provident Direct - 2.82%, account review
• Century Bank Direct - 2.82% MMA (min $1K) account review
• iGObanking - 2.81%, account review
• Provident Bank Online - 2.80% (min $10) account review
• Nationwide Bank - 2.79% MMA (min $1K) account review
• Mutual Bank - 2.75% MMA 3mo promo, (min $5K), account review
• Corus Bank - 2.75% MMA (min $10K) account review
• grand yield direct - 2.75% (min $2.5K) account review
• Rainier Pacific - 2.75% MMA, account review
• GMAC Bank - 2.75% Savings (min $500) account review
• CapitalOne/Costco - 2.70% Savings (min $10K, Costco members only, $60 deal for exec. members)
• Zions Bank - 2.66% MMA, outside of Utah, (min $2.5K) account review
• Capital One - 2.64% (Savings) (min $10K) account review
• Amegy Bank - 2.60% (min $10K) account review
• FNBO Direct - 2.60%, account review
• Century Bank Direct - 2.59% Checking (min $100) account review
• Heartland Bank Direct - 2.55% ($500 min), account review
• WTDirect - 2.51% ($10K min), account review
• ETrade Bank - 2.50%, post ($25 bonus)
• Venture Bank Direct - 2.48%, account review
• EverBank - 2.46% MMA ($1.5K min) account review
• HSBC Direct - 2.45% account review
• Citibank - 2.40% (Ultimate Savings) account review
• EmigrantDirect - 2.40%, account review
• Imperial Capital - 2.40% MMA ($2.5K min) (3.10% for $100K+) account review
• AmboyDirect - 2.27% (Premium Savings) post ($25 bonus)
• Indymac Federal Bank - 2.25% (min $1K) account review
• GMAC Bank - 2.25% MMA (min $500) account review
• CapitalOne/Costco - 2.20% MMA (min $1K, Costco members only, $60 deal for exec. members)
• E-LOAN - 2.20% Savings Plus ($10K min) (2.40% for $50K+) account review
• ING Direct - 2.20%, (0.50% checking), post ($25 bonus)
• Discover Bank - 2.05% MMA (min $2.5K) (2.40% for $50K+) account review
• BankUnited - 2.05% (min $5K), account review
• Amboy Direct - 2.02% (min $3K) (eSavings) account review ($50 bonus)
• Capital One - 2.00% MMA, account review
• Salem Five Direct - 2.00% Checking (2.50% $100K+), account review
• UnivestDirect - 2.00%, (0.75% checking), account review
• Transportation Alliance Bank - 2.00%, ($25 min), account review
• GCF Bank - 2.00% (min $100), 3-mo promo, account review
• Bank of Internet - 2.00% MMA (min $100) account review
• E-LOAN - 1.81% ($5K min), account review
• AmTrustDirect - 1.75% ($500 min) NEW e-Money Market (2.50% $10K+) account review
• Countrywide - 1.65% (min $10K) (1.75% for $50K+) account review
• UmbrellaBank - 1.60% MMA (min $10K), account review
• Bank of Internet - 1.60% Checking (min $5K) account review
• iGObanking - 1.50%, Checking, account review
• Bank of America NEA - 1.35% MMA ($500 min) (1.40% for $50K+) account review
• OnBank - 1.30%, account review
• AARP Financial Savings Center - 1.25%, AARP membership req, account review
• UFB Direct - 1.10%, Travelers Savings (min $500) account review
• UFB Direct - 1.10% MMA (min $15K)
• VirtualBank - 1.01% (min $100), (2.02% $25K+, 2.28% $50K+) post ($20 bonus)
• M&T Bank - 1.01%, account review
• Charles Schwab - 1.00% Checking, account review
• WaMu/Chase - 1.00% (requires checking), account review
• ETrade Bank - 0.75% Checking (min $5K) account review

3-Month Certificates of Deposit:

• H&R Block Bank - 2.50% (min $250) account review
• ebank - 2.50% (min $1K)
• UmbrellaBank - 2.20% (min $1K) account review
• Imperial Capital - 2.10%, ($2K min), account review
• GMAC Bank - 2.10% (min $500), account review
• EverBank - 2.00% ($1.5K min) account review
• VirtualBank - 1.66% (min $10K), account review
• Nationwide Bank - 1.50% (min $500) account review
• E-LOAN - 1.25% ($10K min), account review
• UFB Direct - 1.10% (min $8K)
• ETrade Bank - 0.60% (min $1K), account review

6-Month Certificates of Deposit:

• Christian Community CU - 4.00% (7-mo) (min $1K) not NCUA insured (ASI only) account review
• Navy FCU - 3.50% ($10K min) restrictions to membership, account review
• Northrop Grumman FCU - 3.03% (min $40K), account review
• America's CU - 3.00% (min $500), Add-On Feature, account review
• Firstmark CU - 3.00% (min $50K) account review
• Clear Sky Accounts - 2.89% (7-mo) (min $5K) account review
• Flagstar - 2.86% (min $500), account review
• H&R Block Bank - 2.85% (min $250) account review
• Corus Bank - 2.65% (min $10K) account review
• Ascencia Bank - 2.60% (min $500), account review
• GMAC Bank - 2.60% (min $500), account review
• Air Force FCU - 2.60% (min $25K) membership restrictions account review
• ebank - 2.55% (min $1K)
• Century Bank Direct - 2.51% (5 mo) (min $1K) account review
• Imperial Capital - 2.50% ($2K min), account review
• FirstFedDirect - 2.50% (min $10K), account review
• UmbrellaBank - 2.50% (min $1K) account review
• La Jolla Bank - 2.45% (min $10K), account review
• Tennessee Commerce Bank - 2.40% (min $5K)
• EverBank - 2.40% ($1.5K min) account review
• State Bank of India - 2.37% (min $5K) account review
• HSBC Direct - 2.25% (min $10) account review
• Citibank - 2.25% (7-mo) (min $500) account review
• Excel National Bank - 2.24% (min $10K) account review
• VirtualBank - 2.22% (min $10K), account review
• Nationwide Bank - 2.15% (min $500) account review
• FNBO Direct - 2.00% (min $500) account review
• Earthstar Bank - 2.00% (min $500) account review
• Greystone Bank - 1.85% (min $50K) account review
• Doral Bank Direct - 1.75% (min $1K) account review
• E-LOAN - 1.75% ($10K min), account review
• Zions Bank - 1.66% (min $1K) account review
• ING Direct - 1.50%, account review
• IndyMac Federal Bank - 1.35% (min $5K) account review
• Capital One - 1.05% (min $5K) account review
• ISN Bank - 1.01% (min $1K) account review
• AmTrustDirect - 1.00% (min $1K) account review
• ETrade Bank - 0.90% (min $1K), account review

9-Month Certificates of Deposit:

• Christian Community CU - 4.00% (min $1K) not NCUA insured (ASI only) account review
• 1st Mariner Bank - 3.75% (10 mo) (min $100/max $50K) requires chk, account review
• Western FCU - 3.00% (10 mo) (min $1K) account review
• GMAC Bank - 2.75% (min $500), account review
• Consumers CU - 2.75% (min $250) (3.00% $100K+) account review
• Century Bank Direct - 2.61% (10 mo) (min $1K) account review
• ebank - 2.60% (min $1K) account review
• UmbrellaBank - 2.60% (min $1K) account review
• Doral Bank Direct - 2.50% (min $1K) account review
• FirstFedDirect - 2.50% (min $10K) account review
• EverBank - 2.40% ($1.5K min) account review
• MetLife Bank - 2.40% (min $50K) account review
• Imperial Capital - 2.30% ($2K min), account review
• VirtualBank - 2.28% (min $10K), account review
• AmTrustDirect - 2.25% (min $1K) account review
• Academy Bank - 2.10% (min $500), account review
• Indymac Federal Bank - 2.00% (10 mo) (min $5K) account review
• iGobanking - 2.00% (min $1K) account review
• Fifth Third - 2.00% (min $5K), Not all states, account review
• E-LOAN - 1.95% ($10K min), account review
• ING Direct - 1.50% account review
• WaMu/Chase - 1.50% (8 mo) (min $1K), account review
• Bank of Internet - 1.30% (min $1K) account review

12-Month Certificates of Deposit:

• Christian Community CU - 4.00% (min $1K) not NCUA insured (ASI only) account review
• Melrose CU - 3.65% (min $5K) account review
• Doral Bank Direct - 3.50% (11 mo) (min $1K) account review
• Alliant Credit Union - 3.40% (min $25K) account review
• Clear Sky Accounts - 3.30% (13-mo) (min $5K) account review
• Northwest FCU - 3.25% (min $500) add-on, account review
• Flagstar - 3.25% (min $500), account review
• H&R Block Bank - 3.25% (min $250) account review
• Credit Union of Georgia - 3.25% (min $50K), account review
• Northrop Grumman FCU - 3.24% (min $40K), account review
• Southeast Financial FCU - 3.10% (min $500) account review
• Corus Bank - 3.00% (min $10K) account review
• ebank - 3.00% (min $1K)
• GMAC Bank - 3.00% (min $500), account review
• Crane FCU - 3.00% (13 mo) (min $500) account review
• Mountain America CU - 3.00% (min $1K) account review
• FirstFedDirect - 2.90%, (min $10K) account review
• Tennessee Commerce Bank - 2.85% (min $5K)
• UmbrellaBank - 2.85% (min $1K) account review
• Ascencia Bank - 2.85% (min $500), account review
• Navy FCU - 2.85% ($20K min) restrictions to membership, account review
• Air Force FCU - 2.85% (min $25K) membership restrictions account review
• State Bank of India - 2.83% (min $5K) account review
• Pacific Mercantile Bank - 2.79% (min $10K) account review
• iGobanking - 2.75% (15 mo) (min $500), account review
• Discover Bank - 2.75% (min $2.5K) account review
• Century Bank Direct - 2.71% (15 mo) (min $1K) account review
• Mutual Bank - 2.70% (min $2.5K) account review
• Imperial Capital - 2.65% ($2K min), account review
• EverBank - 2.65% ($1.5K min) account review
• La Jolla Bank - 2.65% (min $10K), account review
• Nationwide Bank - 2.60% (min $500) account review
• Advanta Bank - 2.60% (min $10K), account review
• Geauga Savings Bank - 2.55% (min $1K) account review
• Fifth Third - 2.50% (13 mo) (min $5K), Not all states, account review
• Citibank - 2.40% (min $500)
• National Bank of KC - 2.40% (min $10K) account review
• E-LOAN - 2.35% ($10K min), account review
• Academy Bank - 2.30% (min $500), account review
• Indymac Federal Bank - 2.25% (min $5K) account review
• KeyDirect - 2.25% (11 mo) (min $5K), 2.50% w/chk, Not all states, account review
• Earthstar Bank - 2.20% (min $500) account review
• Bank of America - 2.01% (min $5K) account review
• ING Direct - 2.00% account review
• FNBO Direct - 2.00% (min $500) account review
• Bank of Internet - 1.70% (min $1K) account review

18-Month Certificates of Deposit:

• Christian Community CU - 4.00% (min $1K) not NCUA insured (ASI only) account review
• NASA FCU - 3.50% (min $2K) req chk w/dd, account review
• Alliant Credit Union - 3.40% (min $25K) account review
• Clear Sky Accounts - 3.40% (19 mo) (min $5K) account review
• Southeast Financial FCU - 3.25% (min $500) account review
• Consumers CU - 3.00% (16-mo) (min $250) (3.25% $100K+) account review
• Dollar Savings Direct - 3.00% (16-mo) (min $1K) account review
• Intervest - 2.95% (min $2.5K), account review
• Tennessee Commerce Bank - 2.85% (min $5K)
• UmbrellaBank - 2.85% (min $1K), account review
• Century Bank Direct - 2.81% (20 mo) (min $1K) account review
• USA FCU - 2.80% (min $1K) account review
• VirtualBank - 2.79% (min $10K), account review
• Mutual Bank - 2.75% (16 mo) (min $2.5K) account review
• Discover Bank - 2.75% (min $2.5K), account review
• H&R Block Bank - 2.75% (min $250) account review
• GMAC Bank - 2.75% (min $500) account review
• Advanta Bank - 2.70% (min $10K), account review
• EverBank - 2.65% ($1.5K min) account review
• Doral Bank Direct - 2.50% (min $1K) account review
• E-LOAN - 2.50% ($10K min) account review
• Flagstar - 2.45% (min $500), account review
• Greystone Bank - 2.40% (min $50K) account review
• ING Direct - 2.00%, account review
• Capital One - 2.00% (min $5K) account review
• Wachovia - 1.85% (17 mo) varies by state (min $5K) account review
• OnBank - 1.25% (min $500), account review

24-Month Certificates of Deposit:

• Melrose CU - 3.80% (min $5K) account review
• Northwest FCU - 3.75% (min $500) add-on, account review
• Firstmark CU - 3.60% (min $50K) account review
• Alliant Credit Union - 3.55% (min $25K) account review
• H&R Block Bank - 3.50% (min $250) account review
• Credit Union of Georgia - 3.45% (min $50K), account review
• Southeast Financial FCU - 3.25% (min $500) account review
• MetLife Bank - 3.25% (min $25K) account review
• Consumers CU - 3.25% (22-mo) (min $250) (3.50% $100K+) account review
• Mountain America CU - 3.25% (min $1K) account review
• Crane FCU - 3.25% (25 mo) (min $500) account review
• Air Force FCU - 3.25% (min $25K) membership restrictions account review
• FNBO Direct - 3.01% (min $500) account review
• Intervest - 3.00% (min $2.5K), account review
• Capital One - 3.00% (min $5K) (3.10% $100K+) account review
• Discover Bank - 3.00% (min $2.5K) account review
• State Bank of India - 2.93% (min $5K) account review
• Tennessee Commerce Bank - 2.90% (min $5K)
• Advanta Bank - 2.85% (min $10K), account review
• GMAC Bank - 2.85% (min $500) account review
• Nationwide Bank - 2.80% (min $500) account review
• E-LOAN - 2.80% ($10K min) account review
• KeyDirect - 2.75% (29 mo) (min $5K), 3.00% w/chk, Not all states, account review
• Fifth Third - 2.75% (min $5K) not all states, account review
• 1st Source Bank - 2.50% (min $5K) account review
• iGobanking - 2.50% (min $500), account review
• KeyDirect - 2.25% (min $5K), 2.50% w/chk, Not all states, account review

36-Month Certificate of Deposit:

• Christian Community CU - 5.00% (min $1K) not NCUA insured (ASI only) account review
• Navy FCU - 4.60% (30mo IRA-only) ($15K min) restrictions to membership, account review
• Alliant Credit Union - 4.00% (min $25K) account review
• H&R Block Bank - 4.00% (min $250) account review
• Northwest FCU - 3.98% (min $25K) account review
• Melrose CU - 3.96% (min $5K) account review
• Pentagon Federal CU - 3.89% (min $1K), account review
• Western FCU - 3.68% (min $40K), account review
• Northrop Grumman FCU - 3.56% (min $40K), account review
• Mountain America CU - 3.51% (min $1K) account review
• Flagstar - 3.40% (min $500), account review
• Air Force FCU - 3.40% (min $25K) membership restrictions account review
• Discover Bank - 3.25% (min $2.5K) account review
• Capital One - 3.25% (min $5K) (3.40% $100K+) account review
• Acacia Federal Savings Bank - 3.25% (min $500)
• Intervest - 3.15% (min $2.5K), account review
• Agriculture FCU - 3.10% (min $1K) account review
• Advanta Bank - 3.05% (min $10K), account review
• Nationwide Bank - 3.05% (min $500) account review
• State Bank of India - 3.03% (min $5K) account review
• E-LOAN - 3.00% ($10K min) account review
• NewDominion Bank - 3.00% (min $3K) account review
• GMAC Bank - 3.00% (min $500) account review
• KeyDirect - 3.00% (min $5K), 3.25% w/chk, Not all states, account review
• Tennessee Commerce Bank - 2.95% (min $5K)
• Fifth Third - 2.85% (37 mo) (min $5K) Not all states account review
• Bank of Internet - 2.70% (min $1K) account review
• 1st Source Bank - 2.65% (min $500) account review

48-Month Certificate of Deposit:

• Christian Community CU - 5.00% (min $1K) not NCUA insured (ASI only) account review
• Alliant Credit Union - 4.25% (min $25K) account review
• Pentagon Federal CU - 4.15% (min $1K), account review
• Melrose CU - 4.11% (min $5K) account review
• Flagstar - 4.01% (min $500), account review
• Capital One - 4.00% (min $5K) account review
• Mountain America CU - 4.00% (min $1K) account review
• Northwest FCU - 3.98% (min $25K) account review
• Western FCU - 3.89% (min $40K), account review
• H&R Block Bank - 3.50% (min $250) account review
• Acacia Federal Savings Bank - 3.50% (min $500)
• Intervest - 3.45% (min $2.5K), account review
• Discover Bank - 3.45% (min $2.5K) account review
• Advanta Bank - 3.25% (min $10K), account review
• KeyDirect - 3.25% (min $5K), 3.50% w/chk, Not all states, account review
• E-LOAN - 3.25% ($10K min) account review
• Patelco CU - 3.25% ($1K min), account review
• USA FCU - 3.25% (min $1K) account review
• Third Federal - 3.25% (min $500) account review
• Nationwide Bank - 3.20% (min $500) account review
• GMAC Bank - 3.20% (min $500) account review
• 1st Source Bank - 3.10% (min $500) account review
• Tennessee Commerce Bank - 3.00% (min $5K)
• Countrywide - 3.00% (min $10K), account review
• National Bank of KC - 3.00% (min $10K) account review

60-Month Certificate of Deposit:

• Christian Community CU - 5.00% (min $1K) not NCUA insured (ASI only) account review
• Northwest FCU - 4.63% (min $25K) account review
• Mountain America CU - 4.50% (min $1K) account review
• Melrose CU - 4.42% (min $5K) account review
• Pentagon Federal CU - 4.39% (min $1K), account review
• Apple FCU - 4.35% (min $50K) account review
• Alliant Credit Union - 4.25% (min $25K) account review
• Telcom Credit Union - 4.25% (min $500) account review
• H&R Block Bank - 4.25% (min $250) account review
• Firstmark CU - 4.11% (min $50K) account review
• Navy FCU - 4.10% ($20K min) (4.25% for $100K+) restrictions to membership, account review
• Western FCU - 4.09% (min $40K) account review
• USA FCU - 3.95% (min $1K) (4.07% $100K+) account review
• Credit Union of Georgia - 3.92% (min $50K), account review
• Flagstar - 3.90% (min $500), account review
• Acacia Federal Savings Bank - 3.90% (min $500) account review
• Agriculture FCU - 3.85% (min $1K), account review
• Discover Bank - 3.80% (min $2.5K) account review
• Consumers CU - 3.79% (59-mo) (min $250) (4.04% $100K+) account review
• Salem Five Bank - 3.75% (min $10K), account review
• Delta Community CU - 3.75% (min $1K) account review
• University FCU - 3.70% (min $2.5K), account review
• Patelco CU - 3.66% ($1K min), account review
• Intervest - 3.66% (min $2.5K), account review
• 1st Source Bank - 3.50% (min $500) account review
• Nationwide Bank - 3.50% (min $500) account review
• KeyDirect - 3.50% (min $5K), 3.75% w/chk, Not all states, account review
• GMAC Bank - 3.50% (min $500) account review
• E-LOAN - 3.50% ($10K min) account review
• Third Federal - 3.50% (min $500) account review
• Mutual Bank - 3.50% (min $2.5K) account review
• Advanta Bank - 3.45% (min $10K), account review
• Air Force FCU - 3.45% (min $25K) membership restrictions account review
• State Bank of India - 3.44% (min $5K) account review
• EverBank - 3.30% ($1.5K min) account review
• Capital One - 3.25% (min $5K) (3.40% $100K+) account review
• WaMu/Chase - 2.50% (min $1K) account review

84-Month Certificate of Deposit:

• Navy FCU - 4.50% ($20K min) restrictions to membership, account review
• Pentagon Federal CU - 4.39% (min $1K), account review
• Capital One/Costco - 4.05% (min $5K) account review
• Discover Bank - 4.00% (min $2.5K) account review
• Capital One - 4.00% (min $5K) (4.25% 10yr) account review
• Intervest - 3.67% (min $2.5K), account review
• KeyDirect - 3.50% (min $5K) 3.75% w/chk, Not all states, account review
• Countrywide - 2.10% (min $10K), account review
• WaMu/Chase - 1.50% (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

• Reward Checking Accounts Available Nationwide

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
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• 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
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• 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
• GE Interest Plus - 3.00% rate for $50k+
• Vanguard Prime Money Market Fund - 1.49% 7-day yield
• Fidelity Money Market Fund - 1.29% 7-day yield (reviews on Fatwallet)
• TIAA-CREF Money Market Fund - 1.12% 7-day yeild
• Paypal Money Market Fund - 0.59% 7-day yield (1% cashback debit MasterCard)
• Vanguard Tax-Exempt Money Market Fund - 0.72% 7-day yield
• Fidelity Municipal Money Market Fund - 0.27% 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)