Bank Deals Weekly Summary for May 2, 2009

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

Based on the FOMC meeting last Wednesday, I'm afraid deposit rates will likely stay low for a while. The Treasury gave more bad news for savers by issuing the second lowest I Bond fixed rate in the I Bond history even when the inflation component was -5.56% (see post).

Savings Account Rates

Another new internet savings account appears to have been overwhelmed by depositors. Darby Direct has restricted new accounts to only Georgia residents. They had been offering this account nationwide. This is another example of banks restricting their internet accounts. Doral Bank Direct and Clear Sky Accounts had similar issues earlier this year when they launched promos. Both are now accepting new nationwide applications, but their hot deals are over.

I reported on a new hot savings account deal this week. It's the new internet bank ProvidentNJ Direct which is offering a savings account with a 3.25% APY for 3 months (see post). Hopefully, this will last for a while.

Wilshire State Bank continues to offer high rates on its Rainbow Installment Savings account. The rates range from 4.60% APY for a 12-month term to 5.12% APY for a 3-year term (see post).

Below is the list of savings account rate changes for this week. OnBank continues to disappoint with yet another rate cut (0.75% to 0.50%). It's hard to believe they were one of the rate leaders last year. On the positive side, Bank of Internet increased its online savings account rate from 2.00% to 2.06% APY.

Rate Hikes:

1. ProvidentNJ Direct - 3.25% 3mo promo (new)
2. Bank of Internet - 2.06% (was 2.00%)

Rate Drops:

1. Grand Yield Direct - 1.90% (was 2.05%)
2. Darby Direct Savings - now restricted to GA residents
3. UmbrellaBank MMA - 2.00% (was 2.05%)
4. Salem Five Direct Chk - 1.40% to 1.55% (was 1.50% to 1.65%)
5. Flagstar MMA - 2.20% (was 2.30%)
6. Alliant CU Savings - 2.50% (was 2.75%)
7. Alliant CU Checking - 2.25% (was 2.50%)
8. Centennial Bank Savings - 1.77% to 2.79% (was 2.28% to 3.30%)
9. OnBank Savings - 0.50% (was 0.75%)
10. 1st Constitution Savings - 2.50% 3mo promo, 2.05% stnd (was 2.75%/2.50%)
11. M&T Bank savings - 0.50% (was 0.75%)
12. WaMu Savings - 0.75% (was 0.85%)
13. DollarSavingsDirect - 2.00% (was 2.05%)
14. Schwab Bank Investor Checking - 0.75% (was 1.00%)
15. Schwab Bank Investors Savings - 1.75% (was 2.00%)
16. Clear Sky Accounts - 2.05%, Now accepting new applications
17. Broadway Anniv Savings - no longer available
18. Union Federal Savings - 2.10% (was 2.25%)
19. Nationwide Bank MMA - 2.15% (was 2.24%)

Certificate of Deposit Rates

Several credit unions lowered their CD rates for May including Alliant CU, Consumers CU and Delta Community CU. On the plus side, Pentagon FCU and Melrose CU kept their CD rates the same, and they remain competitive. Unfortunately, credit unions are starting to catch up to banks with lower rates. On the positive side, GMAC Bank increased their 12-month CD rate from 2.75% to 2.80% APY. A few other banks also increased some of their longer term rates. Perhaps we're nearing a bottom for rates.

Some of the CD deals I reported on in previous weeks continue. Below are some of the best new and old ones that are still active.

Best Nationwide CD Deals as of 5/02/09: The full list of nationwide CD rates is farther down.

1. 3.25% 3-mo savings account promo at ProvidentNJ Direct (account review)
2. 2.50% 4-mo CD at Danvers Bank (account review)
3. 2.53% 6-mo CD at Wilshire State Bank (account review)
4. 2.50% 9-mo CD at Doral Bank Direct (account review)
5. 3.04% 12-mo CD at Melrose CU (account review)
6. 2.80% 12mo CD at GMAC Bank (account review)
7. 4.00% 60-mo CD at Pentagon FCU (account review)

Best Local CD Deals as of 5/02/09: Some of the best CD deals are from banks and credit unions that don't offer accounts nationwide. Refer to the recap section and the state index section to find all the recent local deals. Here are some of the best deals to note.

1. 3.29% 6-mo CD & 3.87% 15-mo CD at Progressive CU in NY, NY (account review)
2. 2.85% 6-mo Liquid CD at Saehan Bank in CA (account review)
3. 2.75% 6-mo CD ($25K max) at STC Capital Bank in Chicago (account review)
4. 3.00% 9-mo CD at Pacific Transportation FCU in CA (account review)
5. 3.00% 12-mo CD at First Priority CU in MA (account review)
6. 3.10% 10-mo CD at Pacific Crest Savings Bank in WA (account review)
7. 3.30% 12-mo CD at Self Reliance New York FCU (account review)
8. 2.85% 12-mo Add-On CD at Nara Bank in CA, NY & NJ (account review
9. 3.04% 15-mo CD at Athol-Clinton Co-operative Bank in MA (account review)
10. 3.25% 17-mo CD at Royal Asian Bank & Royal Bank America in PA, NY & NJ (account review)
11. 3.00% 25-mo CD & 2.70% 13-mo CD at Broadway Bank in Chicago (account review)
12. 4.50% 60-mo CD & 2.75% 12-mo CD at Urban Trust Bank in FL & MD (account review)

Reward Checking Accounts

I reported on 5 new reward checking accounts this week with rates ranging from 4.00% to 4.15% APY (see below). Two of the accounts are available nationwide, and one of these has a cap of $50K. Like savings account rates, rates are falling on many of these reward checking accounts. There were many rate drops on May 1st. I'm in the process of updating my High Yield Checking website and also my nationwide table.

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

Banking News

• Three Banks Fail Today - 30th, 31st & 32nd Failures for 2009
• New I Bond Rates - Government Gives No Incentives to Buy
• Popularity of Shorter Term CDs
• FOMC Meeting - Still No Inflation Worries
• Uninsured Deposits from a Failed Bank

Savings/Checking Accounts - National

• 3.25% 90-Day Online Savings Account Promo at ProvidentNJ Direct - Nationtally Available
• Review of Intervest National Bank's Money Market Account - Nationally Available

CD Deals - National

• GMAC Bank Raises the 12-Month CD Rate
• 2.71% 18-Month CD at State Farm Bank - Nationally Available

Checking/Savings Account Bonuses

• $100 Checking Account / Direct Deposit Bonus at Bank of the West in Several States
• $100 Checking Account/Direct Deposit Bonus at Investors Savings Bank in New Jersey
• $75 Checking Account Bonus at PNC & National City

Reward Checking Accounts

• 4.00% Reward Checking Account at FirstDay Federal Credit Union in Ohio
• 4.01% Reward Checking Account at Peoples Bank of Kankakee County - Nationally Available
• 4.01% Reward Checking Account at Liberty Savings Bank - Nationally Available
• 4.15% Reward Checking Account at Devon Bank in Chicago
• 4.01% Reward Checking Account at Treasure State Bank in Montana

CD and Money Market Deals - Local

• 2.50% Checking Account at Old Southern Bank in Central Florida
• 2.90% 15-Month CD & 3.25% 28-Month CD at Capon Valley Bank in WV & VA
• 2.55% 15-Month CD & Other Competitive CD Rates at a Bay Cities Bank in Florida
• 2.85% 12-Month Add-On CD and 2.53% Checking at Nara Bank - CA, NY & NJ Only
• 2.65% 13-Month CD and Other Competitive CD Rates at First Florida CU - North, Central and South FL
• 2.50% Savings Account at Community First Bank Chicago - Local Only

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 at this page. 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 May 2, 2009

Checking/Savings/Money Market Accounts:

• Reward Checking Accounts with Yields up to 6.01%

• ProvidentNJ Direct - 3.25% (min $50), 3 mo promo, stnd: 2.25% $10K+, account review
• SmartyPig - 3.05% (min $25) account review
• Wilshire State Bank - 2.75%, chk required (min $500) account review
• EverBank - 2.54% ($1.5K min), 3 mo promo rate of 2.51%, account review
• Centennial Bank - 2.53% ($50K min), 2.79% ($100K min) account review
• 1st Constitution Direct - 2.50% (min $100), 3 mo promo, account review
• Alliant Credit Union - 2.50% (min $100) account review
• ShoreBank - 2.45%, account review
• First Trade Union Bank - 2.32% ($2.5K min) account review
• Heartland Bank Direct - 2.30% ($500 min), account review
• Doral Bank Direct - 2.25% (min $1K) account review
• FNCB Bank - 2.25% (min $100) account review
• ADB Bank - 2.25% account review
• Acacia Federal Savings Bank - 2.25% (guaranteed to 9/30/09) account review
• GMAC Bank - 2.25% Savings account review
• Presidential Bank - 2.25% (min $5K, 1.50% over $35K), offers 2% checking, account review
• OneWest Bank/Indymac - 2.25% (min $1K) account review
• Alliant Credit Union - 2.25% Checking account review
• Mutual Bank - 2.21% MMA 3mo promo, (min $5K), account review
• CNB Bank Direct - 2.20% account review
• Flagstar - 2.20% MMA, account review
• Corus Bank - 2.19% MMA (min $10K) account review
• Nationwide Bank - 2.15% MMA (min $1K) account review
• iGObanking - 2.12%, account review
• Zions Bank - 2.10% MMA, outside of Utah, (min $2.5K) account review
• Savings Square - 2.10%, account review
• Union Federal Savings - 2.10% account review
• Bank of Internet - 2.06% (min $100) account review
• CapitalOne/Costco - 2.06% Savings (min $10K, Costco members only, $60 deal for exec. members)
• Clear Sky Accounts - 2.05% account review
• Danversbank - 2.05% account review
• 1st Constitution Direct - 2.05% (min $10K), stnd rate, account review
• Intervest National Bank - 2.05% MMA (min $2.5K) account review
• Capital One - 2.01% (Savings) (min $10K) account review
• Redneck/AmericaNet/Evantage Bank - 2.00% (up to $35K, 1% over) rates starting 5/5/09 account review
• Amegy Bank - 2.00% (min $10K) account review
• Bank Provident Online - 2.00% (min $10) account review
• OneUnited - 2.00% (min $1K), account review
• Hudson City Savings - 2.00% (min $2.5K) account review
• DollarSavingsDirect - 2.00% ($1K min) account review
• UmbrellaBank - 2.00% MMA (min $1K) 2.25% ($25K+) account review
• GMAC Bank - 1.90% MMA account review
• FNBO Direct - 1.90%, account review
• grand yield direct - 1.90% (min $2.5K) account review
• Century Bank Direct - 1.79% Savings (min $100) account review
• WTDirect - 1.76% ($10K min), account review
• Bank of America NEA - 1.75% MMA ($500 min) (1.80% for $50K+) account review
• H&R Block Bank - 1.75% ($50K min) account review
• BankUnited - 1.75% (min $5K), account review
• Discover Bank - 1.75% MMA (min $2.5K) (2.00% for $25K+) account review
• Charles Schwab - 1.75% Savings, account review
• Bank of Internet - 1.70% MMA (min $100) account review
• CapitalOne/Costco - 1.70% MMA (min $1K, Costco members only, $60 deal for exec. members)
• Century Bank Direct - 1.69% MMA (min $1K) account review
• Citibank - 1.65% (Ultimate Savings) account review
• Countrywide - 1.65% (min $10K) (1.75% for $50K+) account review
• EmigrantDirect - 1.65%, account review
• HSBC Direct - 1.65% account review
• EverBank - 1.65% MMA ($1.5K min) account review
• AmboyDirect - 1.51% (Premium Savings) post ($25 bonus)
• Amboy Direct - 1.51% (min $3K) (eSavings) account review ($50 bonus)
• UnivestDirect - 1.50%, (0.25% checking), account review
• ING Direct - 1.50%, (0.25% checking), post ($25 bonus)
• Capital One - 1.50% MMA, account review
• Century Bank Direct - 1.45% Checking (min $100) account review
• Venture Bank Direct - 1.43%, account review
• Salem Five Direct - 1.40% Checking (1.55% $100K+), account review
• Imperial Capital - 1.35% MMA ($2.5K min) (2.05% for $100K+) account review
• Bank of Internet - 1.30% Checking (min $5K) account review
• E-LOAN - 1.26% Savings Plus ($10K min) (1.36% for $50K+) account review
• AmTrustDirect - 1.25% ($500 min) NEW e-Money Market (2.25% $10K+) account review
• Provident Direct - 1.25% account review
• Imperial Capital - 1.20% Checking (min $1K) account review
• Transportation Alliance Bank - 1.20%, ($25 min), account review
• GCF Bank - 1.20% (min $100), 3-mo promo, account review
• ETrade Bank - 1.20%, account review
• AARP Financial Savings Center - 1.05%, AARP membership req, account review
• UFB Direct - 1.05% Absolute Savings (min $15K)
• VirtualBank - 1.01% (min $100), (1.87% $25K+, 2.02% $50K+) post ($20 bonus)
• iGObanking - 1.00% Checking, account review
• E-LOAN - 0.81% ($5K min), account review
• UFB Direct - 0.75%, Travelers Savings (min $10K) account review
• Rainier Pacific - 0.75% MMA, account review
• WaMu/Chase - 0.75% (requires checking), account review
• Charles Schwab - 0.75% Checking, account review
• ETrade Bank - 0.50% Checking (min $5K) account review
• M&T Bank - 0.50%, account review
• OnBank - 0.50%, account review

3-Month Certificates of Deposit:

• Danversbank - 2.50% (4 mo) (min $500) account review
• Wilshire State Bank - 2.27% (min $1K) account review
• Hudson City Savings - 2.00% (4 mo) (min $5K) account review
• Imperial Capital - 1.85%, ($2K min), account review
• eBank - 1.80% (min $1K)
• UFB Direct - 1.75% (min $8K)
• GMAC Bank - 1.75% (min $500), account review
• UmbrellaBank - 1.70% (min $1K) account review
• EverBank - 1.35% ($1.5K min) account review
• VirtualBank - 1.31% (min $10K), account review
• Nationwide Bank - 1.20% (min $500) account review
• H&R Block Bank - 0.75% (min $250) account review
• E-LOAN - 0.70% ($10K min), account review
• ETrade Bank - 0.60% (min $1K), account review

6-Month Certificates of Deposit:

• Wilshire State Bank - 2.53% (min $1K) account review
• Christian Community CU - 2.50% (7-mo) (min $1K) not NCUA insured (ASI only) account review
• Corus Bank - 2.32% (min $10K) account review
• eBank - 2.30% (min $1K)
• UmbrellaBank - 2.15% (min $1K) account review
• FirstFedDirect - 2.15% (min $10K), account review
• La Jolla Bank - 2.15% (min $10K), account review
• Ascencia Bank - 2.15% (min $500), account review
• GMAC Bank - 2.15% (min $500), account review
• Imperial Capital - 2.10% ($2K min), account review
• Excel National Bank - 2.00% (min $10K) account review
• Hudson City Savings - 2.00% (min $5K) account review
• AmTrustDirect - 2.00% (min $10K) account review
• Connexus CU - 2.00% (min $500) account review
• VirtualBank - 1.92% (min $10K), account review
• Air Force FCU - 1.90% (min $25K) membership restrictions account review
• Tennessee Commerce Bank - 1.90% (min $5K)
• UFB Direct - 1.80% (min $8K)
• Firstmark CU - 1.75% (min $50K) account review
• HSBC Direct - 1.75% (min $10) account review
• EverBank - 1.75% ($1.5K min) account review
• Bank of America DOW - 1.65% (min $1K) account review
• Nationwide Bank - 1.60% (min $500) account review
• Flagstar - 1.60% (min $500), account review
• Zions Bank - 1.51% (min $1K) account review
• Citibank - 1.50% (7-mo) (min $500) account review
• Northrop Grumman FCU - 1.43% (min $40K), account review
• ISN Bank - 1.41% (min $1K) account review
• Century Bank Direct - 1.41% (5 mo) (min $1K) account review
• OneWest Bank/IndyMac - 1.35% (min $5K) account review
• Earthstar Bank - 1.30% (min $500) account review
• State Bank of India - 1.26% (min $5K) account review
• Greystone Bank - 1.25% (min $50K) account review
• ING Direct - 1.25%, account review
• FNBO Direct - 1.25% (min $500) account review
• H&R Block Bank - 1.00% (min $250) account review
• E-LOAN - 0.75% ($10K min), account review
• ETrade Bank - 0.75% (min $1K), account review
• Capital One - 0.25% (min $5K) account review

9-Month Certificates of Deposit:

• Doral Bank Direct - 2.50% (min $1K) account review
• eBank - 2.35% (min $1K)
• NewDominion Bank - 2.31% (min $3K) account review
• GMAC Bank - 2.30% (min $500), account review
• FirstFedDirect - 2.15% (min $10K) account review
• Imperial Capital - 2.15% ($2K min), account review
• Consumers CU - 2.10% (min $250) (2.35% $100K+) account review
• UmbrellaBank - 2.05% (min $1K) account review
• Navy FCU - 2.00% ($10K min) restrictions to membership, account review
• VirtualBank - 1.92% (min $10K), account review
• MetLife Bank - 1.90% (min $50K) account review
• Salem Five Bank - 1.75% (min $10K), account review
• EverBank - 1.75% ($1.5K min) account review
• KeyDirect - 1.65% (8 mo) (min $5K), 1.90% w/chk, Not all states, account review
• Century Bank Direct - 1.51% (10 mo) (min $1K) account review
• 1st Mariner Bank - 1.50% (10 mo) (min $100/max $50K) requires chk, account review
• Bank of America - 1.40% (min $5K), risk-free, rates vary by state (account review)
• OneWest Bank/Indymac - 1.40% (min $5K) account review
• WaMu/Chase - 1.35% (8 mo) (min $1K), account review
• Academy Bank - 1.30% (min $500), account review
• ING Direct - 1.25% account review
• iGobanking - 1.25% (min $1K) account review
• Bank of Internet - 1.10% (min $1K) account review
• E-LOAN - 0.95% ($10K min), account review
• AmTrustDirect - 0.85% (min $10K) account review

12-Month Certificates of Deposit:

• Melrose CU - 3.03% (min $5K) account review
• GMAC Bank - 2.80% (min $500), account review
• Corus Bank - 2.76% (min $10K) account review
• UFB Direct - 2.65% (min $8K)
• Delta Community CU - 2.65% (min $1K) account review
• Alliant Credit Union - 2.65% (min $25K) account review
• UmbrellaBank - 2.60% (min $1K) account review
• Southeast Financial FCU - 2.60% (min $500) account review
• Tennessee Commerce Bank - 2.55% (min $5K)
• OneWest Bank/IndyMac - 2.55% (min $5K) account review
• Acacia Federal Savings Bank - 2.55% (15 mo) (min $500) account review
• BankUnited - 2.55% (min $5K) account review
• State Farm Bank - 2.54% (min $500) account review
• Wilshire State Bank - 2.53% (min $1K) account review
• Doral Bank Direct - 2.50% (min $1K) account review
• Christian Community CU - 2.50% (min $1K) not NCUA insured (ASI only) account review
• Connexus CU - 2.50% (min $500) account review
• Imperial Capital - 2.48% ($2K min), account review
• Crane FCU - 2.48% (min $500) account review
• Ascencia Bank - 2.48% (min $500), account review
• Mutual Bank - 2.47% (min $2.5K) account review
• eBank - 2.40% (min $1K)
• NewDominion Bank - 2.40% (min $3K) account review
• FirstFedDirect - 2.40%, (min $10K) account review
• Intervest - 2.40% (min $2.5K), account review
• Pacific Mercantile Bank - 2.38% (min $10K) account review
• Discover Bank - 2.35% (min $2.5K) account review ($50 bonus)
• Navy FCU - 2.30% ($20K min) restrictions to membership, account review
• HSBC Direct - 2.30% (min $10) account review
• Advanta Bank - 2.30% (min $10K), account review
• Citibank - 2.25% (min $500)
• La Jolla Bank - 2.25% (min $10K), account review
• Hudson City Savings - 2.25% (min $5K) account review
• Gateway Regional CU - 2.25% (min $1K) restrictions to membership, account review
• Credit Union of Georgia - 2.17% (min $50K), account review
• Air Force FCU - 2.15% (min $25K) membership restrictions account review
• Fifth Third - 2.10% (11 mo) (min $5K), Not all states, account review
• EverBank - 2.10% ($1.5K min) account review
• Amboy Direct - 2.10% Add-On (min $10K) account review
• Geauga Savings Bank - 2.00% (min $1K) account review
• Flagstar - 2.00% (min $500), account review
• H&R Block Bank - 2.00% (min $250) account review
• Bank of America - 1.90% (min $5K) rates vary by state, account review
• Nationwide Bank - 1.90% (min $500) account review
• National Bank of KC - 1.85% (min $10K) account review
• Northwest FCU - 1.85% (min $500) add-on, account review
• State Bank of India - 1.76% (min $5K) account review
• KeyDirect - 1.75% (min $5K), 2.00% w/chk, Not all states, account review
• Mountain America CU - 1.75% (min $1K) account review
• iGobanking - 1.67% (min $500), account review
• Northrop Grumman FCU - 1.63% (min $40K), account review
• Century Bank Direct - 1.61% (15 mo) (min $1K) account review
• Earthstar Bank - 1.60% (min $500) account review
• Bank of Internet - 1.50% (min $1K) account review
• ING Direct - 1.50% account review
• Academy Bank - 1.50% (min $500), account review
• FNBO Direct - 1.50% (min $500) account review
• E-LOAN - 1.30% ($10K min), account review

18-Month Certificates of Deposit:

• Tennessee Commerce Bank - 2.75% (min $5K)
• Southeast Financial FCU - 2.75% (min $500) account review
• NewDominion Bank - 2.72% (min $3K) account review
• State Farm Bank - 2.71% (min $500) account review
• GMAC Bank - 2.70% (min $500) account review
• UmbrellaBank - 2.65% (min $1K), account review
• Alliant Credit Union - 2.65% (min $25K) account review
• Mutual Bank - 2.62% (16 mo) (min $2.5K) account review
• Intervest - 2.60% (min $2.5K), account review
• Discover Bank - 2.50% (min $2.5K), account review
• Doral Bank Direct - 2.50% (min $1K) account review
• eBank - 2.50% (min $1K)
• Dollar Savings Direct - 2.50% (16-mo) (min $1K) account review
• Christian Community CU - 2.50% (min $1K) not NCUA insured (ASI only) account review
• Navy FCU - 2.50% ($10K min) restrictions to membership, account review
• Advanta Bank - 2.40% (min $10K), account review
• HSBC Direct - 2.35% (min $10) account review
• Consumers CU - 2.35% (16-mo) (min $250) (2.60% $100K+) account review
• Gateway Regional CU - 2.30% (min $1K) restrictions to membership, account review
• VirtualBank - 2.28% (min $10K), account review
• EverBank - 2.10% ($1.5K min) account review
• Greystone Bank - 2.07% (min $50K) account review
• NorthEast Community Bank - 2.02% (min $500) account review
• Wachovia - 2.00% (16 mo) chk req, varies by state (min $5K) account review
• H&R Block Bank - 2.00% (min $250) account review
• USA FCU - 1.95% (min $1K) account review
• E-LOAN - 1.75% ($10K min) account review
• Century Bank Direct - 1.71% (20 mo) (min $1K) account review
• Capital One - 1.50% (min $5K) account review
• ING Direct - 1.50%, account review
• OnBank - 1.25% (min $500), account review
• First Trade Union Bank - 1.00% (min $500) account review

24-Month Certificates of Deposit:

• Melrose CU - 3.19% (min $5K) account review
• GMAC Bank - 2.90% (min $500) account review
• Tennessee Commerce Bank - 2.85% (min $5K)
• UFB Direct - 2.80% (min $8K)
• Alliant Credit Union - 2.80% (min $25K) account review
• State Bank of India - 2.78% (min $5K) account review
• NewDominion Bank - 2.76% (min $3K) account review
• Intervest - 2.75% (min $2.5K), account review
• Discover Bank - 2.75% (min $2.5K) account review
• Southeast Financial FCU - 2.75% (min $500) account review
• eBank - 2.60% (min $1K)
• Advanta Bank - 2.60% (min $10K), account review
• Consumers CU - 2.60% (22-mo) (min $250) (2.85% $100K+) account review
• Credit Union of Georgia - 2.53% (min $50K), account review
• Crane FCU - 2.53% (min $500) account review
• Doral Bank Direct - 2.50% (min $1K) account review
• KeyDirect - 2.50% (28 mo) (min $5K), 2.75% w/chk, Not all states, account review
• Fifth Third - 2.50% (min $5K) not all states, account review
• Air Force FCU - 2.50% (min $25K) membership restrictions account review
• Gateway Regional CU - 2.36% (min $1K) restrictions to membership, account review
• Firstmark CU - 2.34% (min $50K) account review
• Northwest FCU - 2.32% (min $500) add-on, account review
• Nationwide Bank - 2.25% (min $500) account review
• H&R Block Bank - 2.25% (min $250) account review
• FNBO Direct - 2.25% (min $500) account review
• MetLife Bank - 2.20% (min $50K) account review
• E-LOAN - 2.20% ($10K min) account review
• iGobanking - 2.12% (min $500), account review
• Capital One - 2.00% (min $5K) account review
• KeyDirect - 2.00% (min $5K), 2.25% w/chk, Not all states, account review
• 1st Source Bank - 1.90% (min $5K) account review
• Mountain America CU - 1.90% (min $1K) account review

36-Month Certificate of Deposit:

• Pentagon Federal CU - 3.50% (min $1K), account review
• Melrose CU - 3.34% (min $5K) account review
• Acacia Federal Savings Bank - 3.25% (min $500) account review
• Tennessee Commerce Bank - 3.25% (min $5K)
• Alliant Credit Union - 3.25% (min $25K) account review
• State Bank of India - 3.24% (min $5K) account review
• GMAC Bank - 3.20% (min $500) account review
• Intervest - 3.10% (min $2.5K), account review
• Discover Bank - 3.10% (min $2.5K) account review
• UFB Direct - 3.05% (min $8K)
• eBank - 3.00% (min $1K)
• Advanta Bank - 2.80% (min $10K), account review
• Gateway Regional CU - 2.79% (min $1K) restrictions to membership, account review
• NewDominion Bank - 2.75% (min $3K) account review
• FNBO Direct - 2.75% (min $500) account review
• Air Force FCU - 2.70% (min $25K) membership restrictions account review
• Nationwide Bank - 2.70% (min $500) account review
• Agriculture FCU - 2.65% (min $1K) account review
• Northwest FCU - 2.64% (min $25K) account review
• Doral Bank Direct - 2.50% (min $1K) account review
• KeyDirect - 2.50% (min $5K), 2.75% w/chk, Not all states, account review
• H&R Block Bank - 2.50% (min $250) account review
• E-LOAN - 2.45% ($10K min) account review
• Northrop Grumman FCU - 2.36% (min $40K), account review
• Bank of Internet - 2.25% (min $1K) account review
• Flagstar - 2.20% (min $500), account review
• Mountain America CU - 2.10% (min $1K) account review
• Capital One - 2.00% (min $5K) account review
• 1st Source Bank - 2.00% (min $500) account review
• Western FCU - 1.62% (min $40K), account review

48-Month Certificate of Deposit:

• Pentagon Federal CU - 3.75% (min $1K), account review
• Intervest - 3.55% (min $2.5K), account review
• Acacia Federal Savings Bank - 3.50% (min $500) account review
• Alliant Credit Union - 3.50% (min $25K) account review
• Melrose CU - 3.49% (min $5K) account review
• Gateway Regional CU - 3.36% (min $1K) restrictions to membership, account review
• Discover Bank - 3.30% (min $2.5K) account review
• National Bank of KC - 3.25% (min $10K) account review
• Tennessee Commerce Bank - 3.25% (min $5K)
• GMAC Bank - 3.25% (min $500) account review
• FNBO Direct - 3.25% (min $500) account review
• Bank of America DOW - 3.11% (min $1K) account review
• Doral Bank Direct - 3.00% (min $1K) account review
• Third Federal - 3.00% (min $500) account review
• Nationwide Bank - 3.00% (min $500) account review
• Countrywide/BofA - 3.00% (min $10K), account review
• Advanta Bank - 3.00% (min $10K), account review
• Flagstar - 2.75% (min $500), account review
• KeyDirect - 2.75% (min $5K), 3.00% w/chk, Not all states, account review
• Northwest FCU - 2.74% (min $25K) account review
• E-LOAN - 2.65% ($10K min) account review
• 1st Source Bank - 2.60% (min $500) account review
• USA FCU - 2.50% (min $1K) account review
• Capital One - 2.50% (min $5K) account review
• H&R Block Bank - 2.50% (min $250) account review
• Mountain America CU - 2.50% (min $1K) account review
• Patelco CU - 2.48% ($1K min), account review
• Western FCU - 2.01% (min $40K), account review

60-Month Certificate of Deposit:

• Pentagon Federal CU - 4.00% (min $1K), account review
• Melrose CU - 3.91% (min $5K) account review
• Acacia Federal Savings Bank - 3.90% (min $500) account review
• US Bank - 3.75% (59 mo) (min $1K) account review
• Intervest - 3.66% (min $2.5K), account review
• UFB Direct - 3.65% (min $8K)
• iGobanking - 3.61% (min $500), account review
• Discover Bank - 3.60% (min $2.5K) account review
• State Bank of India - 3.55% (min $5K) account review
• Gateway Regional CU - 3.51% (min $1K) restrictions to membership, account review
• FNBO Direct - 3.51% (min $500) account review
• GMAC Bank - 3.50% (min $500) account review
• Alliant Credit Union - 3.50% (min $25K) account review
• Connexus CU - 3.50% (min $1K) account review
• Agriculture FCU - 3.40% (min $1K), account review
• Apple FCU - 3.40% (min $50K) account review
• Navy FCU - 3.35% ($20K min) (3.50% for $100K+) restrictions to membership, account review
• Mutual Bank - 3.34% (min $2.5K) account review
• Northwest FCU - 3.31% (min $25K) account review
• Nationwide Bank - 3.30% (min $500) account review
• Advanta Bank - 3.30% (min $10K), account review
• Telcom Credit Union - 3.25% (min $500) account review
• EverBank - 3.25% ($1.5K min) account review
• Third Federal - 3.25% (min $500) account review
• E-LOAN - 3.25% ($10K min) account review
• Firstmark CU - 3.25% (min $50K) account review
• Delta Community CU - 3.25% (min $1K) account review
• Consumers CU - 3.10% (59-mo) (min $250) (3.35% $100K+) account review
• Credit Union of Georgia - 3.04% (min $50K), account review
• Doral Bank Direct - 3.00% (min $1K) account review
• Dollar Savings Direct - 3.00% (min $1K) account review
• KeyDirect - 3.00% (min $5K), 3.25% w/chk, Not all states, account review
• Salem Five Bank - 3.00% (min $10K), account review
• Mountain America CU - 3.00% (min $1K) account review
• Air Force FCU - 2.90% (min $25K) membership restrictions account review
• USA FCU - 2.89% (min $1K) account review
• Flagstar - 2.75% (min $500), account review
• 1st Source Bank - 2.70% (min $500) account review
• University FCU - 2.60% (min $2.5K), account review
• Patelco CU - 2.58% ($1K min), account review
• WaMu/Chase - 2.50% (min $1K) account review
• Capital One - 2.50% (min $5K) account review
• H&R Block Bank - 2.50% (min $250) account review
• Western FCU - 2.22% (min $40K) account review

84-Month Certificate of Deposit:

• Navy FCU - 4.00% ($20K min) restrictions to membership, account review
• Pentagon Federal CU - 4.00% (min $1K), account review
• Third Federal - 3.75% (6-yr) (min $500) account review
• Discover Bank - 3.70% (min $2.5K) account review
• Intervest - 3.67% (min $2.5K), account review
• KeyDirect - 3.25% (min $5K) 3.50% w/chk, Not all states, account review
• Capital One/Costco - 2.55% (min $5K) account review
• Capital One - 2.50% (min $5K) account review
• Countrywide/BofA - 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
• 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
• GE Interest Plus - 3.00% rate for $50k+
• Fidelity Money Market Fund - 0.84% 7-day yield (reviews on Fatwallet)
• Vanguard Tax-Exempt Money Market Fund - 0.66% 7-day yield
• Vanguard Prime Money Market Fund - 0.52% 7-day yield
• TIAA-CREF Money Market Fund - 0.43% 7-day yeild
• Fidelity Municipal Money Market Fund - 0.34% 7-day yield
• Paypal Money Market Fund - 0.20% 7-day yield (1% cashback debit MasterCard)
• FW Thread on Treasury Bills
• I Bonds for 2009, I Bond Article, I Bonds as CD Alternatives

Historical Rates from the Federal Reserve (Federal funds, Treasury bills, CD's)