HomeStreet Bank has a few good CD and IRA deals. The most competitive is the 24-month CD with a 2.95% APY. Their featured CD is a little less competitive: a 2.55% APY 12-month CD. Also competitive is the 18-month CD with a 2.65% APY. Minimum deposit is $25,000. Lower rates are available for lower minimums. These rates are listed at the bank's rate table as of 6/04/09. Note, you have to enter your zip code to see the rates. I used a Seattle and Portland zip code. For Hawaii zip codes, the rates are lower: 2.13% APY 12-month CD and a 2.45% APY 24-month CD.
The bank continues to offer a checking account promotion in which you can earn up to $215 (see post). This is scheduled to end in June.
It appears a branch visit is required for this promotion. Branches are located in Washington State, Oregon and Hawaii.
HomeStreet Bank's ratings for safety and soundness are fair: 3 stars (performing) at Bankrate.com and 3.5 stars (good) at BauerFinancial. Both ratings are based on 12/31/08 data. The bank has been FDIC insured since 1986 (FDIC Certificate # 32489).
Finding the Best Certificate of Deposit Rates
For top CD rates nationally available, refer to my weekly rate summary. Many of the best CD deals are only locally available. To find the best deals in your state, refer to the index of state CD and bank deals.