Bank Deals Weekly Summary for July 11, 2009

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

There were more worries this week that the recovery from the recession will take longer than had been expected. Treasury yields continued to fall as investors look for safe havens. The Treasury held four actions this week, and demand was strong. According to this Reuters article:

Treasury's latest sale of 10-year notes offered fresh evidence of the desire for U.S. debt by both foreign and domestic investors in an uncertain economic climate.

If investors had serious concerns about inflation and the U.S. Dollar, why would there be so much demand for these? It's something to consider when you hear about all the worries of massive inflation around the corner.

Savings Accounts

The economy isn't helping deposit rates. Many banks continued to cut their savings account and CD rates this week.

There were two bright spots for savings account this week. Bank of Internet USA launched a new savings account called Advantage Savings with a very competitive 2.50% APY. It's very similar to their High Yield Savings Account (which only pays 2.06% APY). The one difference is that the Advantage Savings allows the use of Online Bill Pay. The 2.50% is clearly a teaser rate, and there's no guarantee how long it'll last. On the other hand, BofI has kept their High Yield Savings Account competitive since December, so this new account could also be competitive for several months (see post).

The other bright spot was the promo launched by WTDirect. They're offering a bonus of up to $150 for opening the savings account with a minimum balance and keeping this balance for 3 months (see post). WTDirect had similar promotions last year, and many readers reported WTDirect following through on the bonus. In addition, they offered many customers an extra temporary interest rate bump after the promo period. Another plus with WTDirect is a good ACH bank-to-bank transfer system with many of the details described in their online documentation.

Below is the list of rate changes with most of the changes being rate cuts. However, there are fewer cuts than in previous weeks.

Rate Hikes:

1. Bank of Internet Advantage Savings - 2.50% (new account)

Rate Drops:

1. Ally Bank Savings - 1.95% (was 2.00%)
2. Hudson City Savings - 1.85% (was 2.00%)
3. Bank of American Fork Savings - 1.75% (was 1.95%)
4. Ally Bank MMA - 1.70% (was 1.80%)
5. Intervest Bank MMA - 1.65% $2.5K-$25K (was 1.70%)
6. Zions Bank MMA - 1.51% (was 1.87%)
7. Mutual Bank MMA - 1.43% (was 1.97%)
8. Amegy Bank MMA - 1.40% (was 1.50%)
9. UmbrellaBank MMA - 1.15% up to $50K (was 1.55%)

Certificate of Deposit Rates

Many banks also cut CD rates this week, and the cuts were made to all maturities. There were a few good CD specials at some large regional banks including Banco Popular, Compass BBVA and RBC Bank (see below). If you're looking for a 3% APY, you'll need at least a 24-month term and even for a 2-year term, these are rare. Every now and then we'll get a 3%+ short-term CD special from a small bank, but they don't last long. I have a few of these listed below.

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

Best Nationwide CD Deals as of 7/11/09: 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. 2.70% 12-mo CD at Franklin Synergy Bank (account review)
6. 2.60% 12-mo CD & 2.75% 18-mo CD at Southeast Financial CU (account review)
7. 2.51% 13-mo Limited Add-On CD at Choice Financial (account review)
8. 2.35% 12-mo Add-On CD at Amboy Direct (account review)
9. 2.30% 12-mo & 2.40% 18-mo Flex CD with Liquid Features at Wilshire State Bank (account review)
10. 2.00% 12-mo Liquid CD at OneWest/IndyMac Bank (account review)
11. 3.05% 24-mo CD at Broadway Federal Bank (account review)
12. 4.00% 50-mo CD at NASA FCU (account review)

Best Local CD Deals as of 7/11/09: 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. 2.50% 6-mo CD ($25K max) at STC Capital Bank in Chicago (account review)
2. 2.50% 7-mo CD & 3% 13-mo CD at Members First CU in NH/MA (account review)
3. 3.00% 9-mo CD at Bartow County Bank in GA (account review)
4. 3.05% 12-mo CD at Self Reliance New York FCU (account review)
5. 3.00% 12-mo CD at First National Bank in SC (account review)
6. 2.84% 12-mo CD at Fort Bragg FCU in NC (account review)
7. 2.75% 12-mo CD & 2.50% 9-mo CD at American Momentum Bank in TX & FL (account review)
8. 2.53% 13-mo Add-On CD at Prime Pacific Bank in WA (account review)
9. 3.25% 24-mo CD at Jefferson Financial CU in Louisiana (account review)
10. 3.10% 24-mo CD & 2.50% 6-mo CD at CoreFirst Bank at CO & KS (account review)
11. 3.00% 24-mo & 2.50% 12-mo CD at Signature Bank in NY (account review)
12. 3.00% 24-mo & 2.65% 12-mo CD at LOMTO FCU in NY City (account review)
13. 4.25% 60-mo CD & 2.50% 12-mo CD at Urban Trust Bank in FL & MD (account review)
14. 4.07% 60-mo CD at United Community CU in IL & MO (account review)
15. 4.00% 60-mo & 3.25% 24-mo & 2.75% 12-mo CD at Montauk CU in NY (account review)
16. 3.90% 60-mo CD at RBC Bank in Southeast US (account review)

Reward Checking Accounts

I reported on three new reward checking accounts this week with rates ranging from 4.01% to 5.05% APY (see below). One of these, First Bank & Trust, is offering its reward checking nationwide. It's another standard reward checking with a 4.01% APY for balances up to $25K. Nevertheless, it's always nice to have another nationwide reward checking account especially as existing nationwide ones start being restricted.

Last week I mentioned about First Arkansas Bank & Trust excluding California residents. This week, Countybank stopped accepting applications from people on the West Coast. Countybank's reward checking has the second highest rate in my nationwide list with a 4.75% APY for balances up to $25K. Since Countybank and FABaT are still open to most of the nation, I plan to keep them on this list, but I'll add an asterisk by their names warning about their availability limitations. Most of these banks offering reward checking are small banks, so they can't easily handle a nationwide customer base especially with so many people looking for decent yields.

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

• 53rd Bank Failure of 2009 - A Small Wyoming Bank
• How the Big Banks and the Credit Unions Are Handling California's IOUs

Savings Accounts - National

• WTDirect's Online Savings Account Promotion - Nationally Available
• Bank of Internet's New Advantage Savings Account with a 2.50% APY - Nationally Available

CD Deals - National

• Another Rate-Cut Friday at Ally Bank
• Competitive CD Rates Continue at Southeast Financial Credit Union - Easy Membership

Checking/Savings Bonuses

• $125 Checking Account Bonus at Banco Popular - CA, FL, IL, NY & NJ
• Update on ING Direct's Electric Orange $50 Promotion
• $120 Checking Account Bonus at Comerica Bank

Reward Checking Accounts

• 4.01% Reward Checking Account at First Bank & Trust in SD - Nationally Available
• 4.50% Reward Checking Account at First United Bank and Trust Co. in Kentucky - Local Only
• 5.05% Reward Checking Account at The Community State Bank in Oklahoma - Local Only
• Reward Checking Updates - New Nationwide Account & Application Issues

CD and Money Market Deals - Local

• 2.53% 13-Month Add-On CD at Prime Pacific Bank in Washington State - Local Only
• 3.00% 12-Month CD at First National Bank of the South in SC - Local Only
• 2.50% 12-Month CD & Competitive Money Market Account at RomAsia Bank in New Jersey - Local Only
• 3.00% 30-Month CD at Gesa Credit Union in Washington State - Local Only
• 2.36% 6-Month CD at South Florida FCU - Local Only
• 2.10% 6-Month CD at St. Louis Bank - Local Only
• 3.00% 24-Month CD & Other High CD Rates at Signature Bank in New York City - Local Only
• 3.90% 60-Month CD at RBC Bank in AL, FL, GA, NC, SC & VA - Local Only
• 2.50% 24-Month CD & a Checking Account Bonus at BBV Compass in AL, AZ, CO, FL, NM & TX
• 2.70% 24-Month CD at Eastman Credit Union in TN, VA, TX, SC & AR - Local Only
• 2.65% 15-Month CD at WashingtonFirst Bank in the DC Metro Area - Local Only
• 2.50% 12-Month CD at Lowcountry National Bank in South Carolina - Local Only
• 2.52% 12-Month CD and a Competitive Money Market Account at Metro Phoenix Bank - Local Only
• 2.50% 15-Month CD at Banco Popular in NY & FL - Local Only
• 2.30% 16-Month Internet CD at Hyde Park Savings Bank in MA - Local Only
• 2.50% 12-Month & 2.30% 6-Month CD at St. Casimir's Savings Bank in Maryland - RATE DROP
• 2.52% 12-Month CD at Alpena Alcona Area Credit Union in Michigan - Local Only
• 2.17% 9-Month CD at Peoples National Bank in Parts of MO & IL - Local Only
• 2.00% 9-Month CD at Grand Bank & Trust of Florida - Local Only
• 2.00% Money Market Account Through 2009 at Fidelity Bank in Oklahoma - 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 July 11, 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 (1.85% 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
• Bank of Internet - 2.50% Advantage Savings (min $100) account review
• 1st Constitution Direct - 2.50% (min $100), 3 mo promo, 2.25% $10K+ stnd, account review
• Tennessee Commerce Bank - 2.30% (min $250) withdrawal restrictions, account review
• 1st Constitution Direct - 2.25% (min $10K) stnd rate, 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
• Centennial Bank - 2.02% ($50K min), 2.28% ($100K min) account review
• Heartland Bank Direct - 2.01% ($500 min), account review
• UFB Direct - 2.01%, account review
• Alliant Credit Union - 2.00% (min $100), account review
• Corus Bank - 2.00% MMA (min $10K) account review
• Redneck/AmericaNet/Evantage Bank - 2.00% (up to $35K, 1% over) rates starting 5/5/09 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
• Discover Bank - 2.00% Savings (min $500) account review
• United Central Bank - 1.95% MMA (min $5K) (2.15% $75K-$300K) account review
• Clear Sky Accounts - 1.95% account review
• Ally/GMAC Bank - 1.95% Savings account review
• iGObanking - 1.91%, account review
• Nationwide Bank - 1.90% MMA (min $1K) account review
• Savings Square - 1.90%, account review
• Flagstar - 1.90% MMA, account review
• AIG Bank - 1.86% MMA (min $10K+) account review
• EverBank - 1.85% MMA ($1.5K min) account review
• Hudson City Savings - 1.85% (min $2.5K) 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), (up to $150 bonus) account & bonus review
• Choice Financial - 1.76% (min $5K), (2.01% $25K+, 2.26% $100K) account review
• EBSB Direct - 1.75% (min $50K) account review
• Alliant Credit Union - 1.75% Checking, May fall to 2% on Monday, 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
• Bank of American Fork - 1.75% (min $1K) account review
• Bank of Internet - 1.70% MMA (min $100) account review
• grand yield direct - 1.70% (min $2.5K) account review
• Ally/GMAC Bank - 1.70% MMA account review
• Intervest National Bank - 1.65% MMA (min $2.5K) 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
• 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
• Zions Bank - 1.51% MMA, outside of Utah, (min $2.5K) account review
• UnivestDirect - 1.50%, (0.25% checking), account review
• 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
• Mutual Bank - 1.43% MMA (min $5K), account review
• ING Direct - 1.40%, (0.25% checking), post ($25 bonus)
• 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
• Amegy Bank - 1.40% (min $1K) 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 - 1.19% MMA ($2.5K min) (1.40% for $100K+) account review
• UmbrellaBank - 1.15% MMA (min $1K) 1.35% ($50K+) account review
• iGObanking - 1.00% Checking, account review
• ETrade Bank - 0.95%, account review
• VirtualBank - 0.80% (min $100), (1.51% $25K+, 1.71% $50K+) post ($20 bonus)
• Imperial Capital - 0.79% Checking (min $1K) account review
• 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
• Southeast Financial FCU - 2.00% (min $500) account review
• Wilshire State Bank - 1.86% (min $1K) account review
• Hudson City Savings - 1.85% (4 mo) (min $5K) account review
• FirstFedDirect - 1.55% (min $10K), account review
• UFB Direct - 1.45% (min $8K)
• Imperial Capital - 1.36%, ($2K min), account review
• eBank - 1.35% (min $1K)
• Ally/GMAC Bank - 1.10% (min $0) account review
• UmbrellaBank - 1.00% (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
• Southeast Financial FCU - 2.25% (min $500) account review
• FirstFedDirect - 2.05% (min $10K), account review
• La Jolla Bank - 2.00% (min $10K), 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
• Ascencia Bank - 1.86% (min $500), account review
• Hudson City Savings - 1.85% (min $5K) account review
• Corus Bank - 1.80% (min $10K) account review
• eBank - 1.75% (min $1K)
• Imperial Capital - 1.66% ($2K min), account review
• AmTrustDirect - 1.60% (min $1K) account review
• Ally/GMAC Bank - 1.60% (min $0) account review
• UmbrellaBank - 1.50% (min $1K) account review
• Excel National Bank - 1.50% (min $10K) account review
• Zions Bank - 1.06% (min $1K) account review

9-Month Certificates of Deposit:

• TotalBank - 2.25% (min $1K) account review
• FirstFedDirect - 2.15% (min $10K) account review
• eBank - 2.00% (min $1K)
• Ally/GMAC Bank - 2.00% (min $0) No-Penalty, account review
• Navy FCU - 1.85% ($10K min) restrictions to membership, account review
• NewDominion Bank - 1.82% (min $3K) account review
• Imperial Capital - 1.81% ($2K min), account review
• Ally/GMAC Bank - 1.60% (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:

• Franklin Synergy Bank - 2.70% account review
• Southeast Financial FCU - 2.60% (min $500) account review
• Melrose CU - 2.52% (min $5K) account review
• Choice Financial - 2.51% (13 mo) (min $5K) add-on feature, 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
• Delta Community CU - 2.35% (min $1K) account review
• Amboy Direct - 2.35% Add-On (min $10K) account review
• Crane FCU - 2.30% (13-mo) (min $500) account review
• Wilshire State Bank - 2.30% (min $10K), liquid features, account review
• Seacoast Commerce Bank - 2.28% (min $10K) account review
• NewDominion Bank - 2.26% (min $3K) account review
• OneWest Bank/IndyMac - 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
• eBank - 2.20% (min $1K)
• State Bank of India - 2.17% (min $5K) account review
• Wilshire State Bank - 2.15% (min $1K) account review
• Alliant Credit Union - 2.15% (min $25K) account review
• Corus Bank - 2.15% (min $10K) account review
• Ascencia Bank - 2.15% (min $500), account review
• Northpointe Bank - 2.15% (13-mo) (min $5K) account review
• AIG Bank - 2.11% (min $2.5K) account review
• La Jolla Bank - 2.10% (min $10K), account review
• Discover Bank - 2.10% (min $2.5K) account review ($50 bonus)
• Ally/GMAC Bank - 2.10% (min $0) account review
• Hudson City Savings - 2.10% (min $5K) account review
• OneWest Bank/IndyMac - 2.00% (min $5K) liquid CD, account review
• Tennessee Commerce Bank - 2.00% (min $5K) account review
• Fifth Third - 2.00% (15 mo) (min $5K) not all states, account review
• HSBC Direct - 2.00% (min $10) account review
• Imperial Capital - 1.96% ($2K min), account review
• Mutual Bank - 1.96% (min $2.5K) account review
• Pacific Mercantile Bank - 1.92% (min $10K) account review
• KeyDirect - 1.90% (15 mo) (min $5K), 2.15% w/chk, Not all states, account review
• BankUnited - 1.90% (min $5K) account review
• UmbrellaBank - 1.90% (min $1K) account review
• State Farm Bank - 1.80% (min $500) account review
• ISN Bank - 1.77% (min $1K) account review
• Geauga Savings Bank - 1.75% (min $1K) account review
• UFB Direct - 1.70% (min $8K)
• Northwest FCU - 1.64% (min $500) add-on, account review
• Bank of America DOW - 1.60% (min $1K) account review
• ING Direct - 1.50% account review
• Citibank - 1.50% (min $500)
• Bank of America - 1.25% (min $5K) rates vary by state, account review

18-Month Certificates of Deposit:

• Southeast Financial FCU - 2.75% (min $500) account review
• Pacific Mercantile Bank - 2.53% IRA-only (min $7.5K) account review
• Christian Community CU - 2.50% (min $1K) not NCUA insured (ASI only) account review
• Wilshire State Bank - 2.40% (min $10K), liquid features, account review
• Navy FCU - 2.35% ($10K min) restrictions to membership, account review
• NewDominion Bank - 2.32% (min $3K) account review
• eBank - 2.30% (min $1K)
• Dollar Savings Direct - 2.25% (16-mo) (min $1K) account review
• Discover Bank - 2.25% (min $2.5K), account review
• AIG Bank - 2.21% (min $2.5K) account review
• Consumers CU - 2.15% (16-mo) (min $250) (2.40% $100K+) account review
• Alliant Credit Union - 2.15% (min $25K) account review
• Ally/GMAC Bank - 2.15% (min $0) account review
• Mutual Bank - 2.15% (min $2.5K) account review
• UmbrellaBank - 2.10% (min $1K), account review
• NorthEast Community Bank - 2.02% (min $500) account review
• Greystone Bank - 1.82% (min $50K) account review
• VirtualBank - 1.77% (min $10K), account review
• HSBC Direct - 1.60% (min $10) account review
• Advanta Bank - 0.95% (min $10K), account review

24-Month Certificates of Deposit:

• Broadway Federal Bank - 3.05% (min $1K) account review
• Melrose CU - 2.83% (min $5K) account review
• State Farm Bank - 2.75% (28-mo) (min $500) account review
• Southeast Financial FCU - 2.75% (min $500) account review
• Seacoast Commerce Bank - 2.58% (min $10K) account review
• BankUnited - 2.50% (min $5K) account review
• Gateway Regional CU - 2.46% (min $1K) restrictions to membership, account review
• OneWest Bank/IndyMac - 2.45% (min $5K) account review
• Tennessee Commerce Bank - 2.45% (min $5K) account review
• State Bank of India - 2.42% (min $5K) account review
• American Express Bank - 2.40% (min $0) account review
• Consumers CU - 2.40% (22-mo) (min $250) (2.65% $100K+) account review
• Discover Bank - 2.40% (min $2.5K) account review
• Bank of America DOW - 2.36% (min $1K) account review
• AIG Bank - 2.36% (min $2.5K) account review
• eBank - 2.35% (min $1K)
• Ally/GMAC Bank - 2.35% (min $0) account review
• NewDominion Bank - 2.35% (min $3K) account review
• Alliant Credit Union - 2.30% (min $25K) account review
• Fifth Third - 2.26% (min $5K) not all states, account review
• EverBank - 2.25% ($1.5K min) account review
• WaMu/Chase - 2.25% (min $1K) account review
• Flagstar - 2.20% (min $500), account review
• KeyDirect - 2.15% (28 mo) (min $5K), 2.40% w/chk, Not all states, account review
• iGobanking - 2.12% (min $500), account review
• Crane FCU - 2.12% (min $500) account review
• Northwest FCU - 2.03% (min $500) add-on, account review
• UFB Direct - 1.70% (min $8K)
• MetLife Bank - 1.40% (min $50K) account review
• Advanta Bank - 1.10% (min $10K), account review

36-Month Certificate of Deposit:

• Acacia Federal Savings Bank - 3.10% (min $500) account review
• Intervest - 3.05% (min $2.5K), account review
• Melrose CU - 3.03% (min $5K) account review
• Discover Bank - 3.00% (min $2.5K) account review
• Tennessee Commerce Bank - 2.95% (min $5K) account review
• State Bank of India - 2.93% (min $5K) account review
• AIG Bank - 2.86% (min $2.5K) account review
• Gateway Regional CU - 2.79% (min $1K) restrictions to membership, account review
• Pentagon Federal CU - 2.78% (min $1K), 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
• Ally/GMAC Bank - 2.70% (min $0) account review
• Agriculture FCU - 2.60% (min $1K) account review
• Nationwide Bank - 2.55% (min $500) account review
• eBank - 2.50% (min $1K)
• H&R Block Bank - 2.50% (min $250) account review
• KeyDirect - 2.40% (39-mo)(min $5K), 2.65% w/chk, Not all states, account review
• NewDominion Bank - 2.40% (min $3K) account review
• Northrop Grumman FCU - 2.31% (min $40K), account review
• Bank of Internet - 2.25% (min $1K) account review
• UFB Direct - 1.70% (min $8K)
• Advanta Bank - 1.35% (min $10K), account review

48-Month Certificate of Deposit:

• NASA FCU - 4.00% (50-mo) (min $10K) account review
• Intervest - 3.50% (min $2.5K), account review
• Melrose CU - 3.49% (min $5K) account review
• Acacia Federal Savings Bank - 3.35% (min $500) account review
• Tennessee Commerce Bank - 3.35% (min $5K) account review
• Pentagon Federal CU - 3.14% (min $1K), account review
• Bank of America DOW - 3.11% (min $1K) account review
• Gateway Regional CU - 3.10% (min $1K) restrictions to membership, account review
• Discover Bank - 3.10% (min $2.5K) account review
• American Express Bank - 3.00% (min $0) account review
• Third Federal - 3.00% (min $500) account review
• Countrywide/BofA - 3.00% (min $10K), account review
• Alliant Credit Union - 3.00% (min $25K) account review
• National Bank of KC - 2.90% (min $10K) account review
• Ally/GMAC Bank - 2.90% (min $0) account review
• Nationwide Bank - 2.85% (min $500) account review
• FNBO Direct - 2.75% (min $500) account review
• KeyDirect - 2.65% (min $5K), 2.90% w/chk, Not all states, account review
• Flagstar - 2.55% (min $500), account review
• Advanta Bank - 1.60% (min $10K), account review

60-Month Certificate of Deposit:

• Melrose CU - 3.91% (min $5K) account review
• Acacia Federal Savings Bank - 3.75% (min $500) account review
• Apple FCU - 3.60% (min $50K) account review
• Intervest - 3.55% (min $2.5K), account review
• State Bank of India - 3.55% (min $5K) account review
• Pentagon Federal CU - 3.51% (min $1K), account review
• Gateway Regional CU - 3.51% (min $1K) restrictions to membership, account review
• Dime Savings Bank - 3.50% (min $500) 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
• E-LOAN - 3.50% ($10K min) account review
• Discover Bank - 3.50% (min $2.5K) account review
• OneWest Bank/IndyMac - 3.50% (min $5K) account review
• US Bank - 3.50% (59 mo) (min $1K) account review
• AIG Bank - 3.41% (min $2.5K) account review
• Third Federal - 3.40% (min $500) account review
• American Express Bank - 3.40% (min $0) account review
• Ally/GMAC Bank - 3.40% (min $0) account review
• Northwest FCU - 3.34% (min $25K) account review
• Navy FCU - 3.20% ($20K min) (3.35% for $100K+) restrictions to membership, account review
• Nationwide Bank - 3.15% (min $500) 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
• Delta Community CU - 3.00% (min $1K) 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
• Mutual Bank - 2.97% (min $2.5K) 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 - 2.36% (min $40K) account review
• 1st Source Bank - 2.20% (min $500) account review
• Advanta Bank - 1.85% (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 - 3.59% (min $2.5K), account review
• KeyDirect - 3.15% (min $5K) 3.40% w/chk, Not all states, account review
• Countrywide/BofA - 2.10% (min $10K), account review
• Capital One/Costco - 2.05% (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 - 2.30% rate for $50k+
• Fidelity Money Market Fund - 0.53% 7-day yield (reviews on Fatwallet)
• Vanguard Prime Money Market Fund - 0.25% 7-day yield
• Vanguard Tax-Exempt Money Market Fund - 0.24% 7-day yield
• TIAA-CREF Money Market Fund - 0.23% 7-day yeild
• Paypal Money Market Fund - 0.11% 7-day yield (1% cashback debit MasterCard)
• Fidelity Municipal Money Market Fund - 0.06% 7-day yield
• 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)