Bank Deals Weekly Summary for July 26, 2009

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

I'm afraid it has been yet another week of falling deposit rates. This CNN article does a good job describing this interest rate environment. In addition to Bernanke's remarks on Tuesday which he indicated that the Fed intends to keep interest rates low for an extended period, there are other issues that are putting downward pressure on rates. As the CNN article describes, more people are putting their money into banks, and banks have been reluctant to make a lot of new loans as the recession drags on. Without new loans, there's less of a need to attract deposits.

Savings Account Rates

One thing that is helping to prevent rates from falling too much is competition. Banks continue to launch new internet accounts, and they often launch with very competitive rates. I just posted on SFGI Direct yesterday. It's offering a 2.25% APY no-minimum online savings account. Capital One came out with a new account for Costco customers called InterestPlus Online Savings. It's offering a 1.85% APY for balances over $5K along with a 10% quarterly bonus on interest earned when you maintain a minimum average balance of $15,000 (see post). With new internet banks and new internet savings accounts, the question that many are asking is if it's worthwhile to open yet another savings account. Such rate chasing can be costly, and it may not mean much in the long run. However, if we give up any rate chasing, it'll make it easier on the banks to continue to cut rates.

Most would prefer to find that one perfect bank or credit union that'll keep their rates competitive for the long run. It's not perfect, but Alliant Credit Union does have a history of offering very competitive rates on its savings account. They change rates at the start of each month, and for most of this year, we've seen rate cuts for each new month. It appears this trend may be over. A FW members has reported being told that Alliant will be maintaining their 2.00% APY into August (see account review).

Below is the list of rate changes this week. There weren't any rate hikes, but there were a few new savings accounts.

New Accounts:

1. SFGI Direct Savings - 2.25% (new)
2. Connexus CU MMA - 2.25% (new)
3. Peoples Bank Savings - 2.02% (new)
4. Capital One/Costco Interest Plus Savings - 1.85% (new)

Rate Drops:

1. American Express Savings - 1.85% (was 2.00%)
2. Corus Bank MMA - 1.85% (was 1.90%)
3. iGObanking Savings - 1.81% (was 1.91%)
4. Flagstar MMA - 1.80% (was 1.90%)
5. AmTrustDirect e-MM - 1.75% $10K+ (was 2.00%)
6. Danvers Bank Savings - 1.65% (was 2.05%)
7. EBSB Direct Savings - 1.55% (was 1.75%)
8. Capital One/Costco MMA - 1.50% (was 1.60%)
9. Zions Bank MMA - 1.46% (was 1.51%)
10. Mutual Bank MMA - 1.37% (was 1.43%)
11. Discover Bank MMA - 1.30% $2.5K+ (was 1.50%)
12. Capital One MMA - 1.30% (was 1.40%)
13. Choice Financial Savings - 1.26% to 1.76% (was 1.76% to 2.26%)
14. UnivestDirect Savings - 1.25% (was 1.50%)
15. OneUnited Savings - 1.01% to 1.35% (was 1.51%)

Certificate of Deposit Rates

Like savings accounts, it was a bad week for CDs. CD rates fell across all maturities. Next week is the last week of July, and many credit unions may lower their CD rates in August. NASA FCU has a July special with a very competitive 50-month 4.00% CD (see post). Connexus Credit Union has a competitive 12-month CD with a 2.50% APY (see post). Both of these credit unions allow people from any state to join and open accounts.

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

Best Nationwide CD Deals as of 7/26/09: 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. 2.50% 3-mo savings account promo at 1st Constitution Direct (account review)
3. 2.50% 3-mo savings account promo at ProvidentNJ Direct (account review)
4. 2.50% 12-mo CD at Connexus CU (account review)
5. 2.30% 12-mo & 2.40% 18-mo Flex CD with Liquid Features at Wilshire State Bank (account review)
6. 2.75% 24-mo CD at Southeast Financial FCU (account review)
7. 4.00% 50-mo CD at NASA FCU (account review)
8. 3.91% 60-mo CD at Melrose CU (account review)
9. 3.50% 60-mo CD at iGObanking (account review)

Best Local CD Deals as of 7/26/09: 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. 5.00% 6-mo CD ($25K max) at Tyndall CU in Panhandle FL (account review)
2. 2.50% 6-mo CD ($25K max) at STC Capital Bank in Chicago (account review)
3. 2.50% 7-mo CD & 3% 13-mo CD at Members First CU in NH/MA (account review)
4. 3.00% 9-mo CD at Bartow County Bank in GA (account review)
5. 2.25% 8-mo CD at Northfield Bank in NY & NJ (account review)
6. 3.05% 12-mo CD at Self Reliance New York FCU (account review)
7. 2.84% 12-mo CD at Fort Bragg FCU in NC (account review)
8. 2.75% 12-mo CD & 2.50% 9-mo CD at American Momentum Bank in TX & FL (account review)
9. 2.50% 13-mo CD at Umpqua Bank in WA, OR & N. CA (account review)
10. 3.25% 24-mo CD at Jefferson Financial CU in Louisiana (account review)
11. 3.10% 24-mo CD & 2.50% 6-mo CD at CoreFirst Bank at CO & KS (account review)
12. 2.75% 24-mo CD & 3.50% 48-mo & 2.75% 12-mo CD at Montauk CU in NY (account review)
13. 4.07% 60-mo CD at United Community CU in IL & MO (account review)
14. 4.00% 60-mo CD at Fidelity Bank of Florida (account review)
15. 3.90% 60-mo CD at RBC Bank in Southeast US (account review)

Reward Checking Accounts

With many savings accounts with rates falling below 2%, at least we have reward checking accounts with most still offering rates above 3%. They are more of a hassle than savings accounts, but at least they give savers some choices. I reported on four new reward checking accounts this week with rates ranging from 3.25% to 4.01% APY (see below). One of these is being offered nationwide at Peoples Bank in North Carolina. The rate is currently 3.35% APY for balances up to $50K.

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

• One New York Bank and Six Georgia Banks Are Closed by Regulators
• Credit Card Interchange Fees and Reward Checking Accounts
• Bernanke's Testimony - No Signs of Higher Interest Rates
• Sneaky Bank Fees - 10 Examples from MarketWatch and a Few from Bank Deals Readers

Savings Accounts - National

• Internet Banks and Rate Chasing - Is It Worth It?
• Competitive Online Savings Account at SFGI Direct
• 3.00% Savings Account at Solera National Bank in Colorado - Available Nationwide
• Capital One's New InterestPlus Online Savings Account for Costco Members

CD Deals - National

• Competitive Money Market Account and CDs at Connexus Credit Union - Available Nationwide
• 2.45% 24-Month Bump-Up CD at Beacon Federal Bank - Available Nationwide

Reward Checking Accounts

• 4.01% Reward Checking Account at Salisbury Bank in CT, MA & NY - Local Only
• 3.25% Reward Checking Account at Cattaraugus County Bank in Western New York - Local Only
• 3.35% Reward Checking Account and 2.02% e.Savings Account at Peoples Bank in NC - Available Nationwide
• 4.00% Reward Checking Account for up to $100K at SouthPoint Bank in AL - Local Only

CD and Money Market Deals - Local

• 2.50% 13-Month CD & 2% Money Market at Umpqua Bank in WA, OR & Northern CA - Local Only
• 5.00% 6-Month CD ($25K Max) at Tyndall Online Credit Union in FL Panhandle - Local Only
• 2.25% 7-Month CD at Eastern Financial Florida/Space Coast CU - Local Only
• 2.57% 24-Month CD and Other Competitive CD Rates at Austin Telco FCU in Texas - Local Only
• 4.00% 60-Month CD Continues at Fidelity Bank of Florida - Local Only
• 2.25% 12-Month CD & 2.50% 12-Month IRA CD at Sun West Bank in Nevada - Local Only
• 2.55% 18-Month CD and Other High CD Rates at Access Credit Union in IL - Local Only
• Up to 3.02% 24-Month CD at Raytown-Lee's Summit Credit Union in MO - Local Only
• 2.22% 12-Month CD at LibertyPointe Bank in New York - NY, NJ & CT Residents Only
• Competitive CDs and Checking Account at Virginia Commerce Bank - Local Only
• 12% 12-Month CD ($1,200 Max) at Premier America Credit Union in CA & TX - Local Only
• 3.25% 12-Month CD & 3.00% 6-Month CD at 1st Commonwealth Bank of Virginia - Local Only
• 4.00% 59-Month CD at US Bank Branches in California - EXPIRED
• 2.75% 15-Month CD & 3.00% 23-Month CD at Barnes Banking Co. in Utah - RATE DROP
• 2.50% 12-Month CD at USAmeriBank in Florida - Local Only
• 2.40% 13-Month CD at Hyperion Bank in Philadelphia - Local Only
• 2.00% 10-Month CD and $75 Checking Account Bonus at Harleysville National Bank in PA - Local Only
• 2.18% 8-Month CD and 1.98% Savings until November at United Commercial Bank in Several States

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 26, 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
• SmartyPig - 2.75% (min $25) withdrawal restrictions, account review
• ProvidentNJ Direct - 2.50% (min $50), 3 mo promo (2.00% $10K+ stnd) 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
• Acacia Federal Savings Bank - 2.25% (guaranteed to 9/30/09) account review
• Wilshire State Bank - 2.25%, chk required (min $500) account review
• SFGI Direct - 2.25% ($25 min) account review
• Connexus CU - 2.25% MMA ($1K min) 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
• ShoreBank - 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
• Peoples Bank - 2.02% ($500 min) account review
• UFB Direct - 2.01%, account review
• Alliant Credit Union - 2.00% (min $100), account review
• Redneck/AmericaNet/Evantage Bank - 2.00% (up to $35K, 1% over) rates starting 5/5/09 account review
• Delta Community CU - 2.00% MMA (min $25K) 2.25% $100K+, account review
• CNB Bank Direct - 2.00% account review
• Union Federal Savings - 2.00% account review
• Discover Bank - 2.00% Savings (min $500) account review
• Solera National Bank - 2.00% Checking ($20K min) (2.50% $100K+, 3% $250K+) Also has a savings account, account review
• United Central Bank - 1.95% MMA (min $5K) (2.15% $75K-$300K) account review
• Clear Sky Accounts - 1.95% account review
• Nationwide Bank - 1.90% MMA (min $1K) account review
• Savings Square - 1.90%, account review
• AIG Bank - 1.86% MMA (min $10K+) account review
• Ally/GMAC Bank - 1.85% Savings account review
• Corus Bank - 1.85% MMA (min $10K) account review
• American Express Bank - 1.85%, account review
• Capital One/Costco - 1.85% InterestPlus Savings ($5K min) quarterly bonuses for $15K+, account review
• iGObanking - 1.81%, account review
• Newtown Savings Bank - 1.80%, account review
• CapitalOne/Costco - 1.80% Savings (min $10K, Costco members only, $60 deal for exec. members)
• Flagstar - 1.80% MMA, account review
• Heartland Bank Direct - 1.76% ($500 min), account review
• WTDirect - 1.76% ($10K min), (up to $150 bonus) account & bonus review
• Hudson City Savings - 1.75% (min $2.5K) account review
• Alliant Credit Union - 1.75% Checking, required direct deposit, 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), account review
• FNCB Bank - 1.75% (min $100) account review
• Bank of American Fork - 1.75% (min $1K) account review
• DollarSavingsDirect - 1.70% ($1K min) 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
• Danversbank - 1.65% account review
• TotalBank - 1.55% (min $1K) account review
• State Farm Bank - 1.55% Checking (min $2.5K) account review
• HSBC Direct - 1.55% account review
• Salem Five Direct - 1.55% Savings, account review
• EBSB Direct - 1.55% (min $50K) account review
• AmboyDirect - 1.51% (Premium Savings) post ($25 bonus)
• Amboy Direct - 1.51% (min $3K) (eSavings) account review ($50 bonus)
• Presidential Bank - 1.50% Checking (min $1K, 1% over $25K), requires direct deposit, account review
• FNBO Direct - 1.50%, account review
• CapitalOne/Costco - 1.50% MMA (min $1K, Costco members only, $60 deal for exec. members)
• Bank of America NEA - 1.50% MMA ($500 min) (1.55% for $50K+) account review
• Zions Bank - 1.46% MMA, outside of Utah, (min $2.5K) account review
• Venture Bank Direct - 1.43%, account review
• EmigrantDirect - 1.40%, account review
• ING Direct - 1.40%, (0.25% checking), post ($25 bonus)
• BofA/Countrywide - 1.40% (min $10K) (1.50% for $50K+) account review
• Mutual Bank - 1.37% MMA (min $5K), account review
• Amegy Bank - 1.35% (min $1K) account review
• Charles Schwab - 1.35% Savings, account review
• UmbrellaBank - 1.35% MMA (min $1K) 1.50% ($50K+) account review
• Citibank - 1.30% (Ultimate Savings) account review
• Bank of Internet - 1.30% Checking (min $5K) account review
• Capital One - 1.30% MMA, account review
• Discover Bank - 1.30% MMA (min $2.5K) (1.60% $25K-$50K, 1.70% $50K-$100K) account review
• Choice Financial - 1.26% (min $5K), (1.51% $25K+, 1.76% $100K) account review
• OneWest Bank/Indymac - 1.25% (min $10K) tiered rates up to 2.00% $50K+, account review
• UnivestDirect - 1.25%, (0.25% checking), account review
• Imperial Capital - 1.18% MMA ($2.5K min) (1.38% for $100K+) account review
• OneUnited - 1.01% (min $1K), account review
• Doral Bank Direct - 1.00% (min $1K) account review
• iGObanking - 1.00% Checking, account review
• AmTrustDirect - 1.00% ($500 min) NEW e-Money Market (1.75% $10K+) 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
• Salem Five Direct - 0.75% Checking (0.85% $100K+), account review
• Charles Schwab - 0.75% Checking, account review

3-Month Certificates of Deposit:

• Danversbank - 2.00% (4 mo) (min $500) account review
• Wilshire State Bank - 1.86% (min $1K) account review
• TotalBank - 1.85% (min $1K) account review
• Southeast Financial FCU - 1.75% (min $500) account review
• Consumers CU - 1.55% (min $500) account review
• FirstFedDirect - 1.45% (min $10K), account review
• Imperial Capital - 1.35%, ($2K min), account review
• eBank - 1.35% (min $1K)
• UFB Direct - 1.30% (min $8K)
• Hudson City Savings - 1.25% (min $5K) account review
• 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
• Southeast Financial FCU - 2.00% (min $500) 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
• La Jolla Bank - 1.90% (min $10K), account review
• TotalBank - 1.85% (min $1K) account review
• FirstFedDirect - 1.85% (min $10K), account review
• Ascencia Bank - 1.76% (min $500), account review
• eBank - 1.75% (min $1K)
• Corus Bank - 1.65% (min $10K) account review
• Imperial Capital - 1.62% ($2K min), 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
• Hudson City Savings - 1.50% (min $5K) account review
• AmTrustDirect - 1.15% (min $1K) account review
• Zions Bank - 0.90% (min $1K) account review

9-Month Certificates of Deposit:

• eBank - 2.00% (min $1K)
• Acacia Federal Savings Bank - 2.00% (10-mo) (min $500) account review
• Ally/GMAC Bank - 1.90% (min $0) No-Penalty, account review
• TotalBank - 1.85% (min $1K) account review
• Navy FCU - 1.85% ($10K min) restrictions to membership, account review
• FirstFedDirect - 1.85% (min $10K) account review
• Imperial Capital - 1.76% ($2K min), account review
• NewDominion Bank - 1.67% (min $3K) account review
• UmbrellaBank - 1.60% (min $1K) account review
• Ally/GMAC Bank - 1.55% (min $0) 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:

• Christian Community CU - 2.50% (min $1K) not NCUA insured (ASI only) account review
• Connexus CU - 2.50% (min $500) account review
• Delta Community CU - 2.35% (min $1K) account review
• Southeast Financial FCU - 2.30% (min $500) account review
• Wilshire State Bank - 2.30% (min $10K), liquid features, account review
• Melrose CU - 2.27% (min $5K) account review
• United Central Bank - 2.25% (min $1K) account review
• Choice Financial - 2.21% (13 mo) (min $5K) add-on feature, account review
• eBank - 2.20% (min $1K)
• Acacia Federal Savings Bank - 2.15% (min $500) account review
• Wilshire State Bank - 2.15% (min $1K) account review
• Alliant Credit Union - 2.15% (min $25K) account review
• NewDominion Bank - 2.15% (min $3K) account review
• Northpointe Bank - 2.10% (13-mo) (min $5K) account review
• Seacoast Commerce Bank - 2.08% (min $10K) account review
• State Bank of India - 2.07% (min $5K) account review
• Franklin Synergy Bank - 2.05% account review
• Crane FCU - 2.02% (min $500) account review
• UmbrellaBank - 2.01% (min $1K) account review
• OneWest Bank/IndyMac - 2.00% (min $5K) account review
• Corus Bank - 2.00% (min $10K) account review
• La Jolla Bank - 2.00% (min $10K), account review
• HSBC Direct - 2.00% (min $10) account review
• Ally/GMAC Bank - 2.00% (min $0) account review
• Discover Bank - 2.00% (min $2.5K) account review
• Ascencia Bank - 2.00% (min $500), account review
• Amboy Direct - 2.00% Add-On (min $10K) account review
• AIG Bank - 1.96% (min $2.5K) account review
• Pacific Mercantile Bank - 1.92% (min $10K) account review
• Imperial Capital - 1.92% ($2K min), account review
• Mutual Bank - 1.92% (min $2.5K) account review
• Tennessee Commerce Bank - 1.90% (min $5K) account review
• BankUnited - 1.90% (min $5K) account review
• TotalBank - 1.85% (min $1K) account review
• Hudson City Savings - 1.85% (min $5K) account review
• Fifth Third - 1.85% (15 mo) (min $5K) not all states, account review
• Geauga Savings Bank - 1.80% (min $1K) account review
• ISN Bank - 1.77% (min $1K) account review
• UFB Direct - 1.70% (min $8K)
• KeyDirect - 1.65% (15 mo) (min $5K), 1.90% w/chk, Not all states, account review
• Northwest FCU - 1.63% (min $500) add-on, account review
• Bank of America DOW - 1.60% (min $1K) account review
• OneWest Bank/IndyMac - 1.55% (min $5K) liquid CD, account review
• State Farm Bank - 1.54% (min $500) 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:

• Pacific Mercantile Bank - 2.53% IRA-only (min $7.5K) account review
• Southeast Financial FCU - 2.50% (min $500) 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
• eBank - 2.30% (min $1K)
• NewDominion Bank - 2.26% (min $3K) account review
• Dollar Savings Direct - 2.25% (16-mo) (min $1K) account review
• Beacon Federal - 2.25% (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
• Mutual Bank - 2.12% (min $2.5K) account review
• Discover Bank - 2.10% (min $2.5K), account review
• Ally/GMAC Bank - 2.05% (min $0) account review
• UmbrellaBank - 2.05% (min $1K), account review
• NorthEast Community Bank - 2.02% (min $500) account review
• AIG Bank - 2.01% (min $2.5K) 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:

• Crane FCU - 2.78% (25 mo) (min $500) account review
• Southeast Financial FCU - 2.75% (min $500) account review
• Broadway Federal Bank - 2.53% (min $1K) account review
• Melrose CU - 2.52% (min $5K) account review
• BankUnited - 2.50% (min $5K) account review
• TriState Capital Direct - 2.50% (min $95K) account review
• State Farm Bank - 2.50% (28-mo) (min $500) account review
• E-LOAN - 2.47% ($10K min) account review
• Beacon Federal - 2.45% (min $2.5K) account review
• State Bank of India - 2.42% (min $5K) account review
• Gateway Regional CU - 2.40% (min $1K) restrictions to membership, account review
• Consumers CU - 2.40% (22-mo) (min $250) (2.65% $100K+) account review
• Seacoast Commerce Bank - 2.38% (min $10K) account review
• Bank of America DOW - 2.36% (min $1K) account review
• EverBank - 2.35% ($1.5K min) account review
• eBank - 2.35% (min $1K)
• 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
• American Express Bank - 2.25% (min $0) account review
• Discover Bank - 2.25% (min $2.5K) account review
• Ally/GMAC Bank - 2.25% (min $0) account review
• AIG Bank - 2.21% (min $2.5K) account review
• Tennessee Commerce Bank - 2.20% (min $5K) account review
• OneWest Bank/IndyMac - 2.15% (min $5K) account review
• iGobanking - 2.12% (min $500), account review
• Northwest FCU - 2.11% (min $500) add-on, account review
• KeyDirect - 1.90% (27 mo) (min $5K), 2.15% w/chk, Not all states, account review
• UFB Direct - 1.70% (min $8K)
• MetLife Bank - 1.40% (min $50K) account review
• Flagstar - 1.25% (min $500), account review
• Advanta Bank - 1.10% (min $10K), account review

36-Month Certificate of Deposit:

• Melrose CU - 3.03% (min $5K) account review
• NewDominion Bank - 3.01% (min $3K) account review
• Acacia Federal Savings Bank - 3.00% (min $500) account review
• State Bank of India - 2.93% (min $5K) account review
• Intervest - 2.90% (min $2.5K), account review
• Pentagon Federal CU - 2.78% (min $1K), account review
• Discover Bank - 2.75% (min $2.5K) account review
• Gateway Regional CU - 2.75% (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
• Ally/GMAC Bank - 2.70% (min $0) account review
• AIG Bank - 2.66% (min $2.5K) 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
• Tennessee Commerce Bank - 2.45% (min $5K) account review
• Bank of Internet - 2.25% (min $1K) account review
• Northrop Grumman FCU - 2.24% (min $40K), account review
• KeyDirect - 2.15% (39-mo)(min $5K), 2.40% w/chk, Not all states, 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
• Melrose CU - 3.39% (min $5K) account review
• Acacia Federal Savings Bank - 3.25% (min $500) account review
• Intervest - 3.20% (min $2.5K), account review
• Pentagon Federal CU - 3.14% (min $1K), account review
• Bank of America DOW - 3.11% (min $1K) account review
• Gateway Regional CU - 3.00% (min $1K) restrictions to membership, account review
• Discover Bank - 3.00% (min $2.5K) 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
• American Express Bank - 2.90% (min $0) account review
• Ally/GMAC Bank - 2.85% (min $0) account review
• Nationwide Bank - 2.85% (min $500) account review
• Tennessee Commerce Bank - 2.70% (min $5K) account review
• KeyDirect - 2.40% (min $5K), 2.65% w/chk, Not all states, account review
• Flagstar - 2.30% (min $500), account review
• FNBO Direct - 2.25% (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
• Apple FCU - 3.70% (min $50K) account review
• Acacia Federal Savings Bank - 3.65% (min $500) account review
• Northwest FCU - 3.56% (min $25K) account review
• Pentagon Federal CU - 3.51% (min $1K), 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
• Gateway Regional CU - 3.45% (min $1K) restrictions to membership, account review
• State Bank of India - 3.44% (min $5K) account review
• Intervest - 3.35% (min $2.5K), account review
• Dime Savings Bank - 3.30% (min $500) account review
• Discover Bank - 3.25% (min $2.5K) account review
• American Express Bank - 3.25% (min $0) account review
• Ally/GMAC Bank - 3.25% (min $0) account review
• Third Federal - 3.25% (min $500) account review
• US Bank - 3.25% (59 mo) (min $1K) account review
• Navy FCU - 3.20% ($20K min) (3.35% for $100K+) restrictions to membership, account review
• AIG Bank - 3.16% (min $2.5K) account review
• Nationwide Bank - 3.15% (min $500) account review
• Credit Union of Georgia - 3.04% (min $50K), account review
• EverBank - 3.03% ($1.5K min) account review
• OneWest Bank/IndyMac - 3.00% (min $5K) account review
• Delta Community CU - 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
• FNBO Direct - 2.51% (min $500) account review
• KeyDirect - 2.40% (min $5K), 2.65% w/chk, Not all states, account review
• Western FCU - 2.28% (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
• Navy FCU - 3.75% ($20K min) restrictions to membership, account review
• Discover Bank - 3.50% (min $2.5K) account review
• Third Federal - 3.50% (6-yr) (min $500) account review
• Intervest - 3.38% (min $2.5K), account review
• KeyDirect - 2.15% (min $5K) 2.40% 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
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• 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 - 0.43% 7-day yield (reviews on Fatwallet)
• Vanguard Tax-Exempt Money Market Fund - 0.29% 7-day yield
• Vanguard Prime Money Market Fund - 0.23% 7-day yield
• TIAA-CREF Money Market Fund - 0.20% 7-day yeild
• Paypal Money Market Fund - 0.07% 7-day yield (1% cashback debit MasterCard)
• Fidelity Municipal Money Market Fund - 0.07% 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)