Bank Deals Weekly Summary for June 27, 2009

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

June is ending with the FDIC busy with bank closures. Five banks were closed yesterday which is the most in one day since the start of this financial crisis (see post). The FDIC has also been busy in issuing cease and desist orders. It issued 23 yesterday for May, and a total of 104 for 2009. As this Calculated Risk post describes, the orders often warn the banks about their "large volume of poor quality loans." When the banks make the required changes, the orders are terminated, but only 15 have been terminated this year.

The Fed had another of its scheduled meetings this week (see post). Even though it mentioned signs that the economy is improving, they'll still saying we should expect "exceptionally low levels of the federal funds rate for an extended period." I'm afraid it doesn't look likely that deposit rates will improve any time soon.

Savings Account Rates

It has been yet another week of rate cuts. SmartyPig cut their savings account rate on Monday. It was the last savings account with a non-promo 3-percent-plus rate. The rate is now 2.75% APY (see post). EverBank is still offering 3.01% on its money market and checking account, but this is only for 3 months and it's only for new customers (see post).

I added four new accounts to my savings account list below. UFB Direct is one with its new 2% US Savings Account. It seems every year they come out with a new savings account with top rates. After 3 to 8 months, the rates plummet (see post). The other three banks just started offering internet accounts nationwide. The rates are competitive, but you shouldn't expect online features that you get from mature internet banks.

Rate Hikes:

1. None

Rate Drops:

1. SmartyPig Savings - 2.75% (was 3.05%)
2. First Trade Union Savings - 2.06% (was 2.32%)
3. Union Federal Savings - 2.00% (was 2.05%)
4. Clear Sky Savings - 1.95% (was 2.05%)
5. Discover MMA - 1.75% $25K+ (was 2.00%)
6. FNCB Savings - 1.75% (was 2.25%)
7. Grand Yield Direct Savings - 1.70% (was 1.80%)
8. Doral Bank Direct Savings - 1.60% (was 2.25%)
9. UmbrellaBank MMA - 1.55% to 1.60% (was 1.80% to 1.85%)
10. FNBO Direct Savings - 1.50% (was 1.65%)

Certificate of Deposit Rates

There were several cuts this week on short-term CD rates. It's getting difficult finding CD rates at or above 2% on maturities under one year. For a one-year term, we no longer have a nationwide CD rate over 3%. Melrose Credit Union cut its 12-month CD rate from 3.03% to 2.52% APY. Alliant Credit Union also cut its CD rates. Quantum Bank had been offering top rates nationwide on its 12-month CD, but it just started restricting CDs to Georgia residents (see post). If you want a CD with a APY of at least 3%, you now need a maturity of over 2 years. State Farm Bank continues to offer their special 28-month CD with a 3% APY. Pentagon FCU continues to offer a 4% APY 5-year CD. They typically make rate changes at the start of each month, so this may not last much longer.

Below are some of the best CD deals that are still active.

Best Nationwide CD Deals as of 6/27/09: Also listed are a few savings accounts with rate guarantee periods. The full list of nationwide CD rates is farther down.

1. 3.01% 3-mo money market/checking promo at EverBank (account review)
2. 2.75% 3-mo savings account promo at ProvidentNJ Direct (account review)
3. 2.25% 3, 6, 9 & 12-mo CDs at TotalBank (account review)
4. 2.50% 4-mo CD at Danvers Bank (account review)
5. 2.15% 9-mo No-Penalty CD at Ally Bank (account review)
6. 2.53% 12-mo CD at Broadway Federal Bank (account review)
7. 2.35% 12-mo Add-On CD at Amboy Direct (account review)
8. 2.30% 12-mo & 2.40% 18-mo Flex CD with Liquid Features at Wilshire State Bank (account review)
9. 3.00% 28-mo CD at State Farm Bank (account review)
10. 3.50% 36-mo CD & 4.00% 60-mo CD at Pentagon FCU (account review)
11. 4.00% 59-mo CD at US Bank (account review)

Best Local CD Deals as of 6/27/09: 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. 2.75% 6-mo CD ($25K max) at STC Capital Bank in Chicago (account review)
2. 2.50% 7-mo CD at Central Bank in Tampa, FL (account review)
3. 2.50% 7-mo CD & 3% 13-mo CD at Members First CU in NH/MA (account review)
4. 3.05% 12-mo CD at Self Reliance New York FCU (account review)
5. 2.84% 12-mo CD at Fort Bragg FCU in NC (account review)
6. 2.75% 12-mo CD & 2.50% 9-mo CD at American Momentum Bank in TX & FL (account review)
7. 2.75% 12-mo CD at First Asian Bank in Las Vegas (account review)
8. 3.25% 24-mo CD at Jefferson Financial CU in Louisiana (account review)
9. 3.10% 24-mo CD & 2.65% 6-mo CD at CoreFirst Bank at CO & KS (account review)
10. 3.00% 24-mo & 2.65% 12-mo CD at LOMTO FCU in NY City (account review)
11. 3.00% 24-mo CD at Sound Credit Union in WA (account review)
12. 4.00% 60-mo & 3.25% 24-mo & 2.75% 12-mo CD at Montauk CU in NY (account review)
13. 4.00% 60-mo CD with Partial Liquid Features at Altura CU in CA (account review)
14. 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 four new reward checking accounts this week with rates ranging from 3.50% to 4.01% APY (see below). Some may be asking how these banks are able to pay 4% when most internet banks are paying under 2% on their savings accounts. I did a post this week which reviewed two articles that provided some insights to reward checking accounts and the factors that help the banks keep rates high (see post).

To see all of the high yield reward checking accounts available throughout the nation, please refer to my High Yield Checking website.

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

Banking News

• Five Banks Closed Today - Two in GA, Two in CA and One in MN
• FOMC Meeting - Fed's Policy Remains Unchanged
• How Careless Customers Help the Careful Customers Save More on Checking Accounts

Savings Accounts - National

• 2.05% Money Market Account and 2.28% 12-Month CD at Seacoast Commerce Bank in CA - Nationally Available
• Competitive Rates Continue at United Cental Bank - Now Nationally Available
• 2.50% Savings Account at Beach Business Bank in CA - Nationally Available
• UFB Direct's New 2% US Savings Account - How Long Will This Last?

CD Deals - National

• 2.75% 24-Month CD at BankUnited in FL - Nationally Available
• 2.35% 12-Month Add-On CD at Amboy Direct - Nationally Available
• Melrose Credit Union CD Rates Are Down But Still Competitive - Nationally Available
• 2.53% 12-Month Online CD at Broadway Federal Bank in CA - Nationally Available
• New Flex CDs at Wilshire State Bank - Nationally Available
• 3.75% 60-Month CD at Dime Savings Bank in New York

Reward Checking Accounts

• 4.01% Reward Checking Account at Members First Credit Union in Parts of NH & MA - Local Only
• 4.01% Reward Checking Account at Mutual First Federal Credit Union in Nebraska - Local Only
• 4.01% Reward Checking Account at Benchmark Community Bank in Virginia - Local Only
• 3.50% Reward Checking Account at First Federal Savings Bank in Tennessee - Local Only

CD and Money Market Deals - Local

• 2.50% 7-Month CD and Other High CD Rates at Members First Credit Union in Parts of NH & MA - Local Only
• 2.87% 12-Month CD and Other High Rates at Massena Savings & Loan in Northern NY - Local Only
• 2.50% 10-Month CD at Greylock FCU in MA - Local Only
• 2.29% 6-Month CD at United Local Credit Union in CA - Local Only
• Competitive Long-Term CDs and Money Market Account at Altura Credit Union in CA - Local Only
• 2.75% 12-Month CD & Other High CD Rates at Montauk Credit Union in New York - Local Only
• 2.25% 7-Month CD at Republic First Bank in PA - Local Only
• 2.75% 12-Month CD & 2.30% 6-Month CD at First Asian Bank in Las Vegas - Local Only
• 2.60 12-Month CD at Builders Bank in Chicago - Local Only
• 2.12% 7-Month CD at First United Bank in Oklahoma - Local Only
• 4.99% 7-Month CD ($5K Max) at Kellogg Community FCU in Michigan - Local Only
• 2.25% 12-Month Semi-Liquid CD at E-Central Credit Union in CA - Easy Membership

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 June 27, 2009

Checking/Savings/Money Market Accounts:

• Reward Checking Accounts with Yields up to 6.01%

• EverBank - 3.01% ($5K min), 3 mo promo rate up to $50K (1.65% stnd) account review
• ProvidentNJ Direct - 2.75% (min $50), 3 mo promo, stnd: 2.25% $10K+, account review
• SmartyPig - 2.75% (min $25) withdrawal restrictions, account review
• 1st Constitution Direct - 2.50% (min $100), 3 mo promo, 2.25% $10K+ stnd, account review
• Beach Business Bank - 2.50% (min $10K) account review
• United Central Bank - 2.39% MMA (min $5K) (2.59% $75K-$300K) account review
• Tennessee Commerce Bank - 2.30% (min $250) withdrawal restrictions, account review
• Centennial Bank - 2.28% ($50K min), 2.53% ($100K min) account review
• 1st Constitution Direct - 2.25% (min $10K) stnd rate, account review
• Alliant Credit Union - 2.25% (min $100), account review
• Acacia Federal Savings Bank - 2.25% (guaranteed to 9/30/09) account review
• Wilshire State Bank - 2.25%, chk required (min $500) account review
• Bank of Internet - 2.06% (min $100) account review
• First Trade Union Bank - 2.06% ($2.5K min) account review
• ADB Bank - 2.05% account review
• TotalBank - 2.05% (min $1K) account review
• ShoreBank - 2.05%, account review
• Danversbank - 2.05% account review
• Seacoast Commerce Bank - 2.05% (min $25K) account review
• EBSB Direct - 2.02% (min $50K) account review
• Corus Bank - 2.00% MMA (min $10K) account review
• Ally/GMAC Bank - 2.00% Savings account review
• Alliant Credit Union - 2.00% Checking, May fall to 2% on Monday, account review
• Heartland Bank Direct - 2.01% ($500 min), account review
• Nationwide Bank - 2.00% MMA (min $1K) account review
• Savings Square - 2.00%, account review
• Redneck/AmericaNet/Evantage Bank - 2.00% (up to $35K, 1% over) rates starting 5/5/09 account review
• Hudson City Savings - 2.00% (min $2.5K) account review
• DollarSavingsDirect - 2.00% ($1K min) account review
• Delta Community CU - 2.00% MMA (min $25K) 2.25% $100K+, account review
• CNB Bank Direct - 2.00% account review
• American Express Bank - 2.00%, account review
• Union Federal Savings - 2.00% account review
• UFB Direct - 2.00%, account review
• Mutual Bank - 1.97% MMA (min $5K), account review
• Bank of American Fork - 1.95% (min $1K) account review
• Clear Sky Accounts - 1.95% account review
• AIG Bank - 1.91% MMA (min $10K+) account review
• iGObanking - 1.91%, account review
• Flagstar - 1.90% MMA, account review
• Zions Bank - 1.87% MMA, outside of Utah, (min $2.5K) account review
• Ally/GMAC Bank - 1.85% MMA account review
• Newtown Savings Bank - 1.80%, account review
• CapitalOne/Costco - 1.80% Savings (min $10K, Costco members only, $60 deal for exec. members)
• WTDirect - 1.76% ($10K min), account review
• Choice Financial - 1.76% (min $5K), (2.01% $25K+, 2.26% $100K) account review
• Bank Provident Online - 1.75% (min $10) account review
• Capital One - 1.75% (Savings) (min $10K) account review
• BankUnited - 1.75% (min $5K), account review
• Presidential Bank - 1.75% (min $5K, 1.25% over $35K), offers 1.5% checking, account review
• FNCB Bank - 1.75% (min $100) account review
• Intervest National Bank - 1.72% MMA (min $2.5K) account review
• Bank of Internet - 1.70% MMA (min $100) account review
• grand yield direct - 1.70% (min $2.5K) account review
• EverBank - 1.65% MMA ($1.5K min) account review
• CapitalOne/Costco - 1.60% MMA (min $1K, Costco members only, $60 deal for exec. members)
• Bank of America NEA - 1.60% MMA ($500 min) (1.65% for $50K+) account review
• Doral Bank Direct - 1.60% (min $1K) account review
• State Farm Bank - 1.55% Checking (min $2.5K) account review
• EmigrantDirect - 1.55%, account review
• HSBC Direct - 1.55% account review
• UmbrellaBank - 1.55% MMA (min $1K) 1.60% ($50K+) account review
• AmboyDirect - 1.51% (Premium Savings) post ($25 bonus)
• Amboy Direct - 1.51% (min $3K) (eSavings) account review ($50 bonus)
• OneUnited - 1.51% (min $1K), account review
• Amegy Bank - 1.50% (min $1K) account review
• UnivestDirect - 1.50%, (0.25% checking), account review
• ING Direct - 1.50%, (0.25% checking), post ($25 bonus)
• Discover Bank - 1.50% MMA (min $2.5K) (1.75% for $25K+) account review
• FNBO Direct - 1.50%, account review
• Venture Bank Direct - 1.43%, account review
• BofA/Countrywide - 1.40% (min $10K) (1.50% for $50K+) account review
• Capital One - 1.40% MMA, account review
• Salem Five Direct - 1.40% Checking (1.55% $100K+), account review
• Citibank - 1.40% (Ultimate Savings) account review
• Charles Schwab - 1.35% Savings, account review
• Bank of Internet - 1.30% Checking (min $5K) account review
• OneWest Bank/Indymac - 1.25% (min $10K) tiered rates up to 2.00% $50K+, account review
• AmTrustDirect - 1.25% ($500 min) NEW e-Money Market (2.00% $10K+) account review
• Imperial Capital - 1.17% MMA ($2.5K min) (1.79% for $100K+) account review
• iGObanking - 1.00% Checking, account review
• ETrade Bank - 0.95%, account review
• Imperial Capital - 0.92% Checking (min $1K) account review
• VirtualBank - 0.80% (min $100), (1.51% $25K+, 1.71% $50K+) post ($20 bonus)
• WaMu/Chase - 0.75% (requires checking), account review
• Charles Schwab - 0.75% Checking, account review

3-Month Certificates of Deposit:

• Danversbank - 2.50% (4 mo) (min $500) account review
• TotalBank - 2.25% (min $1K) account review
• Hudson City Savings - 2.00% (4 mo) (min $5K) account review
• Wilshire State Bank - 1.86% (min $1K) account review
• UFB Direct - 1.65% (min $8K)
• Imperial Capital - 1.60%, ($2K min), account review
• eBank - 1.35% (min $1K)
• Ally/GMAC Bank - 1.25% (min $0) account review
• UmbrellaBank - 1.20% (min $1K) account review

6-Month Certificates of Deposit:

• Christian Community CU - 2.50% (7-mo) (min $1K) not NCUA insured (ASI only) account review
• TotalBank - 2.25% (min $1K) account review
• FirstFedDirect - 2.05% (min $10K), account review
• La Jolla Bank - 2.00% (min $10K), account review
• Hudson City Savings - 2.00% (min $5K) account review
• Connexus CU - 2.00% (min $500) account review
• Consumers CU - 2.00% (7-mo) (min $250) (2.25% $100K+) account review
• Wilshire State Bank - 1.96% (min $1K) account review
• Corus Bank - 1.90% (min $10K) account review
• Ascencia Bank - 1.86% (min $500), account review
• Ally/GMAC Bank - 1.85% (min $0) account review
• Imperial Capital - 1.84% ($2K min), account review
• Excel National Bank - 1.75% (min $10K) account review
• eBank - 1.75% (min $1K)
• UmbrellaBank - 1.50% (min $1K) account review
• Zions Bank - 1.21% (min $1K) account review
• AmTrustDirect - 1.00% (min $1K) account review

9-Month Certificates of Deposit:

• TotalBank - 2.25% (min $1K) account review
• Ally/GMAC Bank - 2.15% (min $0) No-Penalty, account review
• FirstFedDirect - 2.15% (min $10K) account review
• Navy FCU - 2.00% ($10K min) restrictions to membership, account review
• eBank - 2.00% (min $1K)
• NewDominion Bank - 1.85% (min $3K) account review
• Imperial Capital - 1.80% ($2K min), account review
• Ally/GMAC Bank - 1.75% (min $0) account review
• UmbrellaBank - 1.50% (min $1K) account review
• Doral Bank Direct - 1.40% (min $1K) account review
• Bank of America - 1.00% (min $5K), risk-free, rates vary by state (account review)

12-Month Certificates of Deposit:

• Southeast Financial FCU - 2.60% (min $500) account review
• Broadway Federal Bank - 2.53% (min $1K) account review
• Melrose CU - 2.52% (min $5K) account review
• Choice Financial - 2.51% (13 mo) (min $5K) add-on feature, account review
• Delta Community CU - 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
• United Central Bank - 2.40% (min $1K) account review
• Amboy Direct - 2.35% Add-On (min $10K) account review
• Northpointe Bank - 2.35% (13-mo) (min $5K) account review
• Mutual Bank - 2.32% (min $2.5K) account review
• Ally/GMAC Bank - 2.30% (min $0) account review
• Discover Bank - 2.30% (min $2.5K) account review ($50 bonus)
• Crane FCU - 2.30% (13-mo) (min $500) account review
• Wilshire State Bank - 2.30% (min $10K), liquid features, account review
• ISN Bank - 2.28% (min $1K) account review
• Seacoast Commerce Bank - 2.28% (min $10K) account review
• State Bank of India - 2.27% (min $5K) account review
• NewDominion Bank - 2.26% (min $3K) account review
• UmbrellaBank - 2.25% (min $1K) account review
• OneWest Bank/IndyMac - 2.25% (min $5K) account review
• Hudson City Savings - 2.25% (min $5K) account review
• Acacia Federal Savings Bank - 2.25% (15 mo) (min $500) account review
• TotalBank - 2.25% (min $1K) account review
• AIG Bank - 2.21% (min $2.5K) account review
• eBank - 2.20% (min $1K)
• Corus Bank - 2.20% (min $10K) account review
• Ascencia Bank - 2.20% (min $500), account review
• Wilshire State Bank - 2.15% (min $1K) account review
• Alliant Credit Union - 2.15% (min $25K) account review
• Imperial Capital - 2.14% ($2K min), account review
• Tennessee Commerce Bank - 2.10% (min $5K) account review
• Fifth Third - 2.10% (15 mo) (min $5K) not all states, account review
• La Jolla Bank - 2.10% (min $10K), account review
• BankUnited - 2.10% (min $5K) account review
• Pacific Mercantile Bank - 2.02% (min $10K) account review
• HSBC Direct - 2.00% (min $10) account review
• KeyDirect - 1.90% (min $5K), 2.15% w/chk, Not all states, account review
• Geauga Savings Bank - 1.85% (min $1K) account review
• Northwest FCU - 1.81% (min $500) add-on, account review
• State Farm Bank - 1.80% (min $500) account review
• Citibank - 1.70% (min $500)
• UFB Direct - 1.70% (min $8K)
• Bank of America DOW - 1.65% (min $1K) account review
• Bank of America - 1.55% (min $5K) rates vary by state, account review
• ING Direct - 1.50% account review
• Earthstar Bank - 1.40% (min $500) account review

18-Month Certificates of Deposit:

• Southeast Financial FCU - 2.75% (min $500) account review
• Pacific Mercantile Bank - 2.66% IRA-only (min $7.5K) 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
• Mutual Bank - 2.46% (16 mo) (min $2.5K) account review
• OneWest Bank/Indymac - 2.40% (min $5K) account review
• Discover Bank - 2.40% (min $2.5K), account review
• Wilshire State Bank - 2.40% (min $10K), liquid features, account review
• NewDominion Bank - 2.32% (min $3K) account review
• AIG Bank - 2.31% (min $2.5K) account review
• Ally/GMAC Bank - 2.30% (min $0) account review
• eBank - 2.30% (min $1K)
• Dollar Savings Direct - 2.25% (16-mo) (min $1K) account review
• UmbrellaBank - 2.22% (min $1K), account review
• Consumers CU - 2.15% (16-mo) (min $250) (2.40% $100K+) account review
• Alliant Credit Union - 2.15% (min $25K) account review
• NorthEast Community Bank - 2.02% (min $500) account review
• VirtualBank - 1.77% (min $10K), account review
• HSBC Direct - 1.60% (min $10) account review
• Greystone Bank - 1.44% (min $50K) account review
• Advanta Bank - 1.15% (min $10K), account review

24-Month Certificates of Deposit:

• State Farm Bank - 3.00% (28-mo) (min $500) account review
• Melrose CU - 2.83% (min $5K) account review
• Southeast Financial FCU - 2.75% (min $500) account review
• BankUnited - 2.75% (min $5K) account review
• Discover Bank - 2.65% (min $2.5K) account review
• KeyDirect - 2.65% (28 mo) (min $5K), 2.90% w/chk, Not all states, account review
• Tennessee Commerce Bank - 2.65% (min $5K) account review
• State Bank of India - 2.63% (min $5K) account review
• Seacoast Commerce Bank - 2.58% (min $10K) account review
• AIG Bank - 2.46% (min $2.5K) account review
• Gateway Regional CU - 2.46% (min $1K) restrictions to membership, account review
• Ally/GMAC Bank - 2.45% (min $0) account review
• American Express Bank - 2.40% (min $0) account review
• Consumers CU - 2.40% (22-mo) (min $250) (2.65% $100K+) account review
• NewDominion Bank - 2.40% (min $3K) account review
• EverBank - 2.35% ($1.5K min) account review
• eBank - 2.35% (min $1K)
• Alliant Credit Union - 2.30% (min $25K) account review
• Fifth Third - 2.26% (min $5K) not all states, account review
• Bank of America DOW - 2.25% (min $1K) account review
• Flagstar - 2.20% (min $500), account review
• iGobanking - 2.12% (min $500), account review
• Crane FCU - 2.12% (min $500) account review
• Northwest FCU - 2.09% (min $500) add-on, account review
• WaMu/Chase - 2.00% (min $1K) account review
• UFB Direct - 1.70% (min $8K)
• MetLife Bank - 1.40% (min $50K) account review
• Advanta Bank - 1.35% (min $10K), account review

36-Month Certificate of Deposit:

• Pentagon Federal CU - 3.50% (min $1K), account review
• Acacia Federal Savings Bank - 3.15% (min $500) account review
• Intervest - 3.10% (min $2.5K), account review
• Tennessee Commerce Bank - 3.10% (min $5K) account review
• Discover Bank - 3.05% (min $2.5K) account review
• State Bank of India - 3.03% (min $5K) account review
• Melrose CU - 3.03% (min $5K) account review
• AIG Bank - 2.96% (min $2.5K) account review
• Ally/GMAC Bank - 2.95% (min $0) account review
• Agriculture FCU - 2.80% (min $1K) account review
• Gateway Regional CU - 2.79% (min $1K) restrictions to membership, account review
• American Express Bank - 2.75% (min $0) account review
• Alliant Credit Union - 2.75% (min $25K) account review
• Air Force FCU - 2.70% (min $25K) membership restrictions account review
• Nationwide Bank - 2.70% (min $500) account review
• KeyDirect - 2.65% (min $5K), 2.90% w/chk, Not all states, account review
• Northrop Grumman FCU - 2.55% (min $40K), account review
• eBank - 2.50% (min $1K)
• H&R Block Bank - 2.50% (min $250) account review
• NewDominion Bank - 2.40% (min $3K) account review
• Bank of Internet - 2.25% (min $1K) account review
• UFB Direct - 1.70% (min $8K)
• Advanta Bank - 1.50% (min $10K), account review

48-Month Certificate of Deposit:

• Pentagon Federal CU - 3.75% (min $1K), account review
• Intervest - 3.55% (min $2.5K), account review
• Melrose CU - 3.49% (min $5K) account review
• Tennessee Commerce Bank - 3.45% (min $5K) account review
• Acacia Federal Savings Bank - 3.40% (min $500) account review
• Discover Bank - 3.20% (min $2.5K) account review
• Bank of America DOW - 3.11% (min $1K) account review
• Gateway Regional CU - 3.10% (min $1K) restrictions to membership, account review
• American Express Bank - 3.00% (min $0) account review
• Ally/GMAC Bank - 3.00% (min $0) 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
• Alliant Credit Union - 3.00% (min $25K) account review
• KeyDirect - 2.90% (min $5K), 3.15% w/chk, Not all states, account review
• National Bank of KC - 2.90% (min $10K) account review
• FNBO Direct - 2.75% (min $500) account review
• Flagstar - 2.55% (min $500), account review
• Advanta Bank - 1.75% (min $10K), account review

60-Month Certificate of Deposit:

• US Bank - 4.00% (59 mo) (min $1K) account review
• Pentagon Federal CU - 4.00% (min $1K), account review
• Melrose CU - 3.91% (min $5K) account review
• Acacia Federal Savings Bank - 3.80% (min $500) account review
• Dime Savings Bank - 3.75% (min $500) account review
• Third Federal - 3.65% (min $500) account review
• State Bank of India - 3.65% (min $5K) account review
• Intervest - 3.62% (min $2.5K), account review
• Apple FCU - 3.60% (min $50K) account review
• Gateway Regional CU - 3.51% (min $1K) restrictions to membership, account review
• Ally/GMAC Bank - 3.50% (min $0) account review
• Agriculture FCU - 3.50% (min $1K), account review
• iGobanking - 3.50% (min $500), account review
• Connexus CU - 3.50% (min $1K) account review
• Discover Bank - 3.50% (min $2.5K) account review
• E-LOAN - 3.50% ($10K min) account review
• AIG Bank - 3.46% (min $2.5K) account review
• American Express Bank - 3.40% (min $0) account review
• Nationwide Bank - 3.30% (min $500) account review
• Northwest FCU - 3.29% (min $25K) account review
• Mutual Bank - 3.26% (min $2.5K) account review
• Navy FCU - 3.20% ($20K min) (3.35% for $100K+) restrictions to membership, account review
• Delta Community CU - 3.15% (min $1K) account review
• KeyDirect - 3.15% (min $5K), 3.40% w/chk, Not all states, account review
• EverBank - 3.10% ($1.5K min) account review
• Credit Union of Georgia - 3.04% (min $50K), account review
• FNBO Direct - 3.01% (min $500) account review
• WaMu/Chase - 3.00% (min $1K) account review
• Consumers CU - 3.00% (59-mo) (min $250) (3.25% $100K+) account review
• Telcom Credit Union - 3.00% (min $500) account review
• Dollar Savings Direct - 3.00% (min $1K) account review
• Mountain America CU - 3.00% (min $1K) account review
• Alliant Credit Union - 3.00% (min $25K) account review
• Firstmark CU - 2.95% (min $50K) account review
• University FCU - 2.60% (min $2.5K), account review
• Patelco CU - 2.58% ($1K min), account review
• USA FCU - 2.53% (min $1K) account review
• Western FCU - 2.31% (min $40K) account review
• 1st Source Bank - 2.20% (min $500) account review
• Advanta Bank - 2.00% (min $10K), account review
• UFB Direct - 1.70% (min $8K)

84-Month Certificate of Deposit:

• Pentagon Federal CU - 4.00% (min $1K), account review
• Third Federal - 3.75% (6-yr) (min $500) account review
• Navy FCU - 3.75% ($20K min) restrictions to membership, account review
• Discover Bank - 3.65% (min $2.5K) account review
• Intervest - 3.64% (min $2.5K), account review
• KeyDirect - 3.40% (min $5K) 3.65% w/chk, Not all states, account review
• Countrywide/BofA - 2.10% (min $10K), account review
• Capital One/Costco - 1.55% (min $5K) account review
• WaMu/Chase - 1.50% (min $1K), account review
• Capital One - 1.50% (min $5K) 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

• GE Interest Plus - 2.65% rate for $50k+
• Fidelity Money Market Fund - 0.61% 7-day yield (reviews on Fatwallet)
• Vanguard Tax-Exempt Money Market Fund - 0.37% 7-day yield
• Vanguard Prime Money Market Fund - 0.31% 7-day yield
• TIAA-CREF Money Market Fund - 0.25% 7-day yeild
• Fidelity Municipal Money Market Fund - 0.19% 7-day yield
• Paypal Money Market Fund - 0.12% 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)