Bank Deals Weekly Summary for November 14, 2009

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

This year has been rough on savers with declining interest rates week after week, and the interest rate environment could get worse. Not only do we have the Fed committed to exceptionally low interest rates for an extended period of time, we also have other conditions putting downward pressure on deposit rates. On Thursday, the FDIC released the final rule on prepaid assessments that will be required from the banks in the fourth quarter. Also on Thursday, the Federal Reserve issued new rules on overdrafts for checking accounts. Although it should be helpful for some who often overdraw their accounts, banks may have to raise fees and lower deposit rates to make up for the reduced overdraft fees. In January the FDIC rate caps go into effect which cap the rates that less than well capitalized banks can pay. I fear in the future we may reminisce about the good old days when banks used to pay interest.

Savings Account Rates

There was a small bright spot this week. Ally Bank raised its online savings account rate by a little bit.

Another small bright spot was at Capital One which started a new savings account called InterestPlus which offers a competitive rate along with a quarterly rate bonus if certain conditions are met. Capital One first rolled out this InterestPlus account a couple of months ago on its Costco affiliated site. Unfortunately, Capital One lowered the rate on its regular online savings account. So if you are an existing Capital One customer and want the highest liquid rate, you'll have to open another account.

I added two banks to my nationwide savings account list. The first is Colorado Federal Savings Bank which is a new internet bank that's offering a 1.70% APY savings account (see review).

The other addition is an internet bank called the Incredible Bank. It's offering an internet checking account (non-reward) that currently pays 2.02% APY on balances up to $250K (see review).

For those who prefer to stick with a well-known bank, Bank of America has a decent money market promotion with a 1.50% APY guaranteed to next April (see review).

I'm afraid there were several rate cuts this week. The most noticeable was at SFGI Direct which cut its savings account rate below 2%. Another rate leader, 1st Constitution Direct, also cut its savings account rate.

Rate Hikes:

1. Ally Bank Savings - 1.64% (was 1.55%)

Rate Drops:

1. SFGI Direct Savings - 1.85% (was 2.25%)
2. 1st Constitution Direct Savings - 1.75% (was 1.85%)
3. Hudson City Bank Savings - 1.50% (was 1.60%)
4. Capital One Savings - 1.50% (was 1.60%)
5. Intervest MMA - 1.50% $2.5K+ (was 1.55%)
6. Virtual Bank eMM - 1.41% $25K-$50K (was 1.51%)
7. OneWest e-MM - 1.25% (was 1.40%)
8. Citibank Ultimate Savings - 1.15% (was 1.20%)
9. Seacoast Commerce MMA - 1.00% (was 1.50%)

Certificate of Deposit Rates

I added Colorado Federal Savings Bank's CDs to the lists below. The rates are not the best, but they are competitive.

I also added the credit union Wings Financial to the lists below. Wings is offering several top CD rates. Wings is similar to Navy Federal Credit Union in that people from any state can open accounts, but membership is restricted to a certain group. For the case of Wings, it's limited to those connected to the airline industry. Wings recently expanded its field of membership to include anyone who lives or works in the Minneapolis/St. Paul metro area. I hope we see the FOM continue to expand.

For those who don't mind long-term CDs, USAA Bank has a good deal on its 7-year Jumbo CD. It increased the rate this week to 4.16% APY for a minimum deposit of $175K. Note, the 7-year CD has a 1-year early withdrawal penalty. USAA Bank is a financially strong bank with a history of good customer service (see review).

For shorter term CDs, the two best deals continue to be at Century Bank Direct and at Alliant Credit Union. Century Bank Direct has 4 good deals with the best one being the 2.09% APY 10-month CD. Alliant Credit Union continues to offer very competitive CDs for terms of 12 to 36 months with a minimum deposit of $25,000. This includes the 2.30% APY 12-month CD.

For those in Georgia, Darby Direct is offering a great CD deal. It's a 2.50% APY 18-month No-Penalty CD that allows a penalty-free early withdrawal after 90 days from the issue date. I did a quick update to a previous Darby Direct post on this deal here. I'll have a new post on this soon.

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

Best Nationwide CD Deals as of 11/14/09: Also listed are savings account promos with rate guarantee periods. The full list of nationwide CD rates is farther down.

1. 2.51% 3-mo money market/checking promo at EverBank (account review)
2. 2.09% 10-mo CD at Century Bank Direct (account review)
3. 2.63% 12-mo CD at Wings Financial CU, Limited Membership (account review)
4. 2.50% 12-mo IRA CD at Dime Savings Bank (account review)
5. 2.30% 12-mo CD at Alliant CU (account review)
6. 2.25% 12-mo CD at Academy Bank (account review)
7. 2.25% 12-mo CD at Jacksonville Bank (account review)
8. 2.25% 15-mo CD at Century Bank Direct (account review)
9. 2.25% 16-mo CD at DollarSavingsDirect (account review)
10. 2.40% 18-mo CD at Alliant CU (account review)
11. 2.35% 20-mo CD at Century Bank Direct (account review)
12. 2.60% 24-mo CD at Jacksonville Bank (account review)
13. 2.55% 24-mo CD at Alliant CU (account review)
14. 2.50% 24-mo CD at Hudson City Savings (account review)
15. 3.00% 36-mo CD at Hudson City Savings (account review)
16. 3.00% 36-mo CD at Alliant CU (account review)
17. 3.25% 48-mo CD at Hudson City Savings (account review)
18. 3.80% 60-mo CD at Melrose CU (account review)
19. 3.70% 60-mo CD at Apple FCU (account review)
20. 3.50% 60-mo CD at Hudson City Savings (account review)
21. 4.16% 84-mo CD (min $175K) at USAA Bank (account review)
22. 4.00% 84-mo CD at Pentagon FCU (account review)

Best Local CD Deals as of 11/14/09: Some of the best CD deals are from banks and credit unions that don't offer accounts nationwide. Refer to the recap section and the state index section to find all the recent local deals. Here are some of the best deals to note.

1. 3.00% 7-mo CD at NIH FCU in MD & DC - Limited Membership (account review)
2. 2.25% 6-mo CD ($25K max) at STC Capital Bank in Chicago (account review)
3. 2.35% 8-mo CD at Bartow County Bank in GA (account review)
4. 2.63% 12-mo CD & 3.09% 30-mo CD at Wings Financial CU in MN (account review)
5. 2.58% 12-mo CD at Fort Bragg FCU in NC (account review)
6. 2.50% 13-mo CD & 2.26% 7-mo CD at The Farmers Bank in TN (account review)
7. 2.40% 16-mo Jumbo CD at Teachers FCU in NY (account review)
8. 2.38% 16-mo Jumbo CD & 2.15% 6-mo Jumbo CD at Mega Bank in CA (account review)
9. 2.17% 17-mo CD at Royal Asian Bank in PA, NJ & NY (account review)
10. 2.50% 18-mo No-Penalty CD at Darby Direct in GA (account review)
11. 2.78% 25-mo CD at Crane FCU in IN (account review)
12. 2.50% 23-mo CD, 3.25% 42-mo CD & 2% 12-mo CD at Regions Bank in Many States (account review)
13. 3.00% 27-mo CD & 2.25% 15-mo CD at Enterprise Bank of SC (account review)
14. 3.00% 36-mo CD at Mutual of Omaha Bank in CA, NV, AZ, CO, NE & TX (account review)
15. 4.07% 60-mo CD at IH Mississippi Valley CU in IL & IA (account review)
16. 4.00% 60-mo CD at PFFCU in Philadelphia (account review)
17. 4.00% 72-mo CD at
    1st Commonwealth Bank of Virginia (account review)

Reward Checking Accounts

There was another big disappointment this week. Malvern Federal Savings slashed its reward checking rate down to 2.00% APY. The rate had been 5.01% APY for much of last year and the first half of this year. It was available nationwide for some of that time. It remained available to residents of many states on the east coast so it did attract many customers (see review).

I reported on four new reward checking accounts this week with yields ranging from 4.00% to 5.02%. All four are local deals. It'll be interesting to see how long those 5% rates last. As you can see in my reward checking stats section, the average rate of reward checking accounts that started in 2007 is about 75 basis points lower than the average of those which started this year. However, even the old reward checking accounts are offering rates on average significantly higher than the best online savings account rates. If we see more rate cuts like what we saw at Malvern and Charter, this may not last.

To see all of the high yield reward checking accounts available throughout the nation, please refer to my High Yield Checking website. Note, I'm in the process of updating rates.

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

Banking News

• Two Florida Banks and One California Bank Closed by Regulators
• Another Fed Action That May Cost Savers - New Rules on Overdrafts

Savings/Checking Accounts - National

• Ally Bank Increases Rates - FDIC Restrictions Having an Effect?
• New Internet Bank with Competitive Rates: Colorado Federal Savings Bank - Available Nationwide
• Bank of America's Special Rate Money Market Savings Account
• New High-Yield Internet Checking Account at Incredible Bank - Available Nationwide
• Capital One's New InterestPlus Online Savings Account - Available Nationwide

CD Deals - National

• 2.02% 12-Month CD at Bank of Internet USA - Available Nationwide
• 2.50% 12-Month IRA CD at Dime Savings Bank - Available Nationwide

Checking/Savings Bonuses

• BBVA Compass Checking Account Promotion - Free iPod touch (available in AL, AZ, CO, FL, NM & TX)
• Flagstar's Online Money Market Promotion - Available Nationwide
• $150 Checking Account Bonus at Harris Bank

Reward Checking Accounts

• 5.02% Reward Checking Account at Goldwater Bank in Arizona - Local Only
• 4.19% Reward Checking Account and 3.19% Savings Account at D.L. Evans Bank in ID - Local Only
• 5.00% Reward Checking Account at Carolina Premier Bank in NC - Local Only
• 4.00% Reward Checking Account at The First State Bank in Texas - Local Only

CD and Money Market Deals - Local

• 3.00% 36-Month CD at Mutual of Omaha Bank in CA, NV, AZ, CO, NE & TX - Local Only
• 2.36% 18-Month CD at Shore Bank in VA & MD - Local Only
• 2.25% 12-Month CD & 2.50% 24-Month CD at Appalachain Community FCU in TN & VA - Local Only
• 2.50% Savings Account Promotion at California Business Bank - Local Only
• TD Bank's Elite Savings Account Promotion
• Update on Hanmi Bank in California - Deposit Deals and Financial Condition
• 2.55% 24-Month CD at Columbus First Bank in Ohio - Local Only
• 2.50% 24-Month CD at MidFirst Bank in Arizona - Local Only
• 2.00% 6-Month CD at Verity Credit Union in Washington State - EXPIRED
• 2.70% 27-Month World Series CD Special at The Berkshire Bank in NYC - EXPIRED?
• 3.00% 7-Month CD at NIH Federal Credit Union in MD & DC - Limited Membership
• 2.35% 11-Month CD at Streator Onized Credit Union in Illinois - Local Only
• High-Yield CD Specials with Max Deposits up to $30K at South Central Bank in Chicago - Local Only
• 3.15% 39-Month CD at Capital Communications FCU in New York - Local Only
• 2.15% 15-Month CD at O Bee Credit Union in Washington State - Local Only
• 2.33% Checking Account with Rate Guaranteed to March 2010 at Austin Bank of Chicago - EXPIRED

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 under $100,000. 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 November 14, 2009

Checking/Savings/Money Market Accounts:

• Reward Checking Accounts with Yields up to 6.01%

• EverBank - 2.51% ($5K min), 3 mo promo rate up to $50K (1.51% stnd) account review
• Incredible Bank - 2.02% Checking ($1K min) account review
• SmartyPig - 2.01% (min $25) withdrawal restrictions, 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
• ShoreBank - 1.95%, account review
• SFGI Direct - 1.85% ($25 min), NOT accepting new customers, account review
• Peoples Bank - 1.81% ($500 min) account review
• Wings Financial CU - 1.81% MMA ($5K min) Limited Membership, account review
• Flagstar - 1.80% MMA, account review
• Southern Community Bank & Trust - 1.80% ($25K min) req chk, guaranteed to 1/31/10, account review
• EBSB Direct - 1.77% (min $50K) account review
• Discover Bank - 1.75% Savings (min $500) account review
• Clear Sky Accounts - 1.75% account review
• Alliant Credit Union - 1.75% Checking, required direct deposit, account review
• FNCB Bank - 1.75% (min $100) account review
• Bank of Internet - 1.75% (min $100) account review
• Capital One/Costco - 1.75% InterestPlus Savings ($5K min) quarterly bonuses for $15K+, account review
• 1st Constitution Direct - 1.75% (min $100), 3 mo promo (1.75% $10K+ stnd) account review
• UFB Direct - 1.70%, account review
• CNB Bank Direct - 1.70% account review
• Bank of Internet - 1.70% MMA (min $100) account review
• American Express Bank - 1.70%, account review
• Colorado Federal Savings Bank - 1.70% ($2.5K min) account review
• Capital One - 1.70% InterestPlus Savings ($2.5K min) quarterly bonuses for $15K+, account review
• First Trade Union Bank - 1.65% ($2.5K min) account review
• Union Federal Savings - 1.65% account review
• Heartland Bank Direct - 1.65% ($500 min), account review
• Bank of Internet - 1.65% Advantage Savings (min $100) account review
• Ally Bank - 1.64% Savings account review
• Nationwide Bank - 1.60% MMA (min $1K) account review
• DollarSavingsDirect - 1.60% ($1K min) account review
• Newtown Savings Bank - 1.60%, account review
• Salem Five Direct - 1.55% Savings, account review
• Savings Square - 1.55%, account review
• Ally/GMAC Bank - 1.55% MMA account review
• WTDirect - 1.51% ($10K min), account review
• Connexus CU - 1.50% MMA (min $20K) (2.00% $100K+) account review
• Delta Community CU - 1.50% MMA (min $25K) 1.75% $100K+, account review
• AIG Bank - 1.50% MMA (min $10K+) account review
• Grand Yield Direct - 1.50% (min $2.5K) account review
• Bank of American Fork - 1.50% (min $1K) account review
• FNBO Direct - 1.50%, account review
• Danversbank - 1.50% account review
• ADB Bank - 1.50% account review
• Wilshire State Bank - 1.50%, chk required (min $500) account review
• ProvidentNJ Direct - 1.50% (min $10K) account review
• Intervest National Bank - 1.50% MMA (min $2.5K) account review
• Capital One - 1.50% (Savings) (min $10K) account review
• Hudson City Savings - 1.50% (min $2.5K) account review
• Bank of America - 1.50% MMA ($10K min), guaranteed to 4/2010, account review
• E-LOAN - 1.45% Savings Plus (min $5K) other requirements, account review
• United Central Bank - 1.45% MMA (min $5K) (1.65% $75K-$300K) account review
• iGObanking - 1.41%, account review
• CapitalOne/Costco - 1.40% MMA (min $1K, Costco members only, $60 deal for exec. members)
• Bank of America NEA - 1.40% MMA ($500 min) (1.50% for $50K+) account review
• HSBC Direct - 1.35% account review
• Bank Provident Online - 1.35% (min $10) account review
• Zions Bank - 1.35% MMA, outside of Utah, (min $2.5K) account review
• State Farm Bank - 1.35% Checking (min $2.5K) account review
• Amboy Direct - 1.31% (min $3K) (eSavings) account review ($50 bonus)
• EmigrantDirect - 1.30%, account review
• ING Direct - 1.30%, (0.25% checking), post ($25 bonus)
• Choice Financial - 1.26% (min $5K), (1.51% $25K+, 1.76% $100K) account review
• UmbrellaBank - 1.25% MMA (min $1K) 1.60% ($50K+) account review
• Presidential Bank - 1.25% (min $5K, 0.75% over $35K), account review
• UnivestDirect - 1.25%, (0.25% checking), account review
• OneWest Bank - 1.25% (min $1K) account review
• Capital One - 1.20% MMA, account review
• Bank of Internet - 1.15% Checking (min $5K) account review
• Citibank - 1.15% (Ultimate Savings) account review
• Imperial Capital - 1.14% MMA ($2.5K min) (1.34% for $100K+) account review
• Discover Bank - 1.10% MMA (min $2.5K) (1.50% $10K-$100K) account review
• Charles Schwab - 1.05% Savings, account review
• OneUnited - 1.01% (min $1K), account review
• Grand Yield Direct - 1.01% Checking (min $2.5K), must have the grand yield direct savings account for 30 days
• Presidential Bank - 1.00% Checking (min $1K, 0.50% over $25K), requires direct deposit, account review
• TotalBank - 1.00% (min $1K) account review
• Seacoast Commerce Bank - 1.00% (min $25K) account review
• Amegy Bank - 0.90% (min $1K) account review
• Imperial Capital - 0.88% Checking (min $1K) account review
• VirtualBank - 0.80% (min $100), (1.41% $25K+, 1.51% $50K+) post ($20 bonus)
• Salem Five Direct - 0.75% Checking (0.85% $100K+), account review
• Charles Schwab - 0.75% Checking, account review
• ETrade Bank - 0.50%, account review
• iGObanking - 0.50% Checking, account review

3-Month Certificates of Deposit:

• Wings Financial CU - 1.96% (min $500) Limited Membership, account review
• Danversbank - 1.75% (4 mo) (min $500) account review
• TotalBank - 1.65% (min $1K) account review
• MetLife Bank - 1.50% (min $25K) account review
• Consumers CU - 1.45% (min $500) account review
• Southeast Financial FCU - 1.45% (min $500) account review
• Wilshire State Bank - 1.26% (min $1K) account review
• FirstFedDirect - 1.25% (min $10K), account review
• UFB Direct - 1.22% (min $8K)
• Imperial Capital - 1.22%, ($2K min), account review
• Ally Bank - 1.10% (min $0) account review
• UmbrellaBank - 1.00% (min $1K) account review
• H&R Block Bank - 0.75% (min $5K) account review

6-Month Certificates of Deposit:

• Wings Financial CU - 2.22% (min $500) Limited Membership, account review
• Jacksonville Bank - 1.75% (min $1K) account review
• Consumers CU - 1.75% (7-mo) (min $250) (2.00% $100K+) account review
• Southeast Financial FCU - 1.75% (min $500) account review
• America's CU - 1.75% (7 mo) (min $500) account review
• Century Bank Direct - 1.70% (5 mo) (min $1K) account review
• MetLife Bank - 1.65% (min $50K) account review
• TotalBank - 1.65% (min $1K) account review
• Ascencia Bank - 1.63% (min $500), account review
• FirstFedDirect - 1.60% (min $10K), account review
• La Jolla Bank - 1.55% (min $10K), account review
• Wilshire State Bank - 1.51% (min $1K) account review
• Connexus CU - 1.50% (min $500) account review
• Colorado Federal Savings Bank - 1.50% ($5K min) account review
• Imperial Capital - 1.46% ($2K min), account review
• Ally Bank - 1.45% (min $0) account review
• E-LOAN - 1.40% ($10K min) account review
• Excel National Bank - 1.40% (min $10K) account review
• UmbrellaBank - 1.40% (min $1K) account review
• ING Direct - 1.25% account review

9-Month Certificates of Deposit:

• Christian Community CU - 2.25% (min $1K) not NCUA insured (ASI only) account review
• Century Bank Direct - 2.09% (10 mo) (min $1K) account review
• MetLife Bank - 1.75% (min $50K) account review
• TotalBank - 1.65% (min $1K) account review
• FirstFedDirect - 1.65% (min $10K) account review
• Acacia Federal Savings Bank - 1.65% (min $500) account review
• Imperial Capital - 1.61% ($2K min), account review
• UmbrellaBank - 1.55% (min $1K) account review
• NewDominion Bank - 1.53% (min $3K) account review
• Ally Bank - 1.49% (min $0) No-Penalty, account review
• OneWest Bank - 1.45% (min $5K) (phone or branch only) account review
• E-LOAN - 1.45% ($10K min) account review
• Ally Bank - 1.45% (min $0) account review
• Doral Bank Direct - 1.40% (min $1K) account review
• NASA FCU - 1.25% (min $5K) account review
• Bank of America - 0.60% (min $5K), risk-free, rates vary by state (account review)

12-Month Certificates of Deposit:

• Wings Financial CU - 2.63% (min $500) Limited Membership, account review
• Alliant Credit Union - 2.30% (min $25K) account review
• Jacksonville Bank - 2.25% (min $1K) account review
• Century Bank Direct - 2.25% (15 mo) (min $1K) account review
• Academy Bank - 2.25% (min $500) account review
• Christian Community CU - 2.25% (min $1K) not NCUA insured (ASI only) account review
• Melrose CU - 2.22% (min $5K) account review
• UmbrellaBank - 2.10% (min $1K) account review
• Frontier Bank - 2.10% (min $50K) account review
• Amboy Direct - 2.10% Add-On (min $10K) account review
• Choice Financial - 2.05% (13 mo) (min $5K) add-on feature, account review
• Bank of Internet - 2.02% (min $1K) account review
• ISN Bank - 2.02% (min $1K) account review
• Pacific Mercantile Bank - 2.01% (min $10K) account review
• Franklin Synergy Bank - 2.01% account review
• MetLife Bank - 2.00% (min $25K) account review
• Consumers CU - 2.00% (15-mo) (min $250) (2.25% $100K+) account review
• NewDominion Bank - 2.00% (min $3K) account review
• Ascencia Bank - 2.00% (min $500), account review
• Southeast Financial FCU - 2.00% (min $500) account review
• America's CU - 2.00% (13 mo) (min $500) account review
• Acacia Federal Savings Bank - 2.00% (min $500) account review
• Colorado Federal Savings Bank - 2.00% ($5K min) account review
• Ally Bank - 1.99% (min $0) account review
• Credit Union of Georgia - 1.97% (min $50K), account review
• State Bank of India - 1.96% (min $5K) account review
• Golf Savings Bank - 1.95% (min $10K) account review
• Discover Bank - 1.90% (min $2.5K) account review
• USAA Bank - 1.90% (15 mo) (min $1K) (2.20% $175K min) account review
• AIG Bank - 1.90% (min $2.5K) account review
• Delta Community CU - 1.85% (min $1K) account review
• La Jolla Bank - 1.85% (min $10K), account review
• BankUnited - 1.85% (min $5K) account review
• Nationwide Bank - 1.85% (min $500) account review
• Imperial Capital - 1.77% ($2K min), account review
• E-LOAN - 1.75% ($10K min) account review
• ING Direct - 1.75% (min $1) account review
• Wilshire State Bank - 1.75% (min $1K) account review
• Connexus CU - 1.75% (min $500) account review
• Wilshire State Bank - 1.75% (min $10K), liquid features, account review
• Equity Bank - 1.75% (min $1K) account review
• Northpointe Bank - 1.75% (min $5K) account review
• OneWest Bank - 1.70% (min $5K) (phone or branch only) account review
• TotalBank - 1.65% (min $1K) account review
• Tennessee Commerce Bank - 1.60% (min $5K) account review
• Geauga Savings Bank - 1.55% (min $1K) account review
• Fifth Third - 1.50% (13 mo) (min $5K) not all states, account review
• HSBC Direct - 1.50% (min $10) account review
• Northwest FCU - 1.50% (min $500) add-on, account review
• OneWest Bank/IndyMac - 1.45% (min $5K) liquid CD, account review
• Bank of America DOW - 1.30% (min $1K) account review
• UFB Direct - 1.25% (min $8K)
• iGobanking - 1.00% (min $500), account review
• Seacoast Commerce Bank - 1.00% (min $10K) account review

18-Month Certificates of Deposit:

• Citibank - 4.07% (min $200) (max $25K) requires secured credit card, account review
• Pacific Mercantile Bank - 2.53% IRA-only (min $7.5K) account review
• Alliant Credit Union - 2.40% (min $25K) account review
• Century Bank Direct - 2.35% (20 mo) (min $1K) account review
• Academy Bank - 2.25% (min $500) account review
• Security Savings Bank - 2.25% (min $500) account review
• DollarSavingsDirect - 2.25% (16-mo) (min $1K) verified by phone on 11/14 account review
• Christian Community CU - 2.25% (min $1K) not NCUA insured (ASI only) account review
• Southeast Financial FCU - 2.25% (min $500) account review
• Flagstar - 2.25% (min $500), account review
• MetLife Bank - 2.15% (min $25K) account review
• UmbrellaBank - 2.10% (min $1K), account review
• Colorado Federal Savings Bank - 2.05% ($5K min) account review
• NewDominion Bank - 2.03% (min $3K) account review
• Nationwide Bank - 2.02% (min $500) account review
• NASA FCU - 2.00% (min $5K) account review
• Navy FCU - 2.00% ($10K min) restrictions to membership, account review
• Equity Bank - 1.98% (min $1K) account review
• Discover Bank - 1.95% (min $2.5K), account review
• AIG Bank - 1.95% (min $2.5K) account review
• Northpointe Bank - 1.95% (min $5K) account review
• Ally Bank - 1.94% (min $0) account review
• OneWest Bank - 1.70% (min $5K) account review

24-Month Certificates of Deposit:

• Wings Financial CU - 2.98% (min $500) Limited Membership, account review
• Jacksonville Bank - 2.60% (min $1K) account review
• Frontier Bank - 2.55% (min $50K) account review
• Alliant Credit Union - 2.55% (min $25K) account review
• Security Savings Bank - 2.50% (23 mo) (min $500) account review
• Hudson City Bank - 2.50% (min $5K) account review
• Northpointe Bank - 2.50% (min $5K) account review
• ISN Bank - 2.48% (min $1K) account review
• Melrose CU - 2.47% (min $5K) account review
• Northrop Grumman FCU - 2.43% (min $40K), account review
• American Express Bank - 2.35% (min $0) account review
• Southeast Financial FCU - 2.35% (min $500) account review
• MetLife Bank - 2.35% (min $25K) account review
• Gateway Regional CU - 2.30% (min $1K) restrictions to membership, account review
• State Bank of India - 2.27% (min $5K) account review
• Discover Bank - 2.25% (min $2.5K) account review
• Academy Bank - 2.25% (min $500) account review
• TriState Capital Direct - 2.25% (min $95K) account review
• America's CU - 2.25% (25 mo) (min $500) account review
• Colorado Federal Savings Bank - 2.25% ($5K min) account review
• NewDominion Bank - 2.24% (min $3K) account review
• USAA Bank - 2.20% (min $1K) (2.51% $175K min) account review
• Ally Bank - 2.20% (min $0) account review
• AIG Bank - 2.20% (min $2.5K) account review
• Capital One - 2.20% (min $5K) account review
• Equity Bank - 2.20% (min $1K) account review
• Northwest FCU - 2.19% (min $500) add-on, account review
• E-LOAN - 2.16% ($10K min) account review
• Fifth Third - 2.15% (min $5K) not all states, account review
• EverBank - 2.10% ($1.5K min) account review
• Tennessee Commerce Bank - 2.05% (min $5K) account review
• Broadway Federal Bank - 2.02% (min $1K) account review
• OneWest Bank/IndyMac - 2.00% (min $5K) account review
• Consumers CU - 2.00% (min $250) (2.25% $100K+) account review
• Bank of America DOW - 1.86% (min $1K) account review
• iGobanking - 1.70% (min $500), account review
• Seacoast Commerce Bank - 1.25% (min $10K) account review

36-Month Certificate of Deposit:

• Wings Financial CU - 3.14% (min $500) Limited Membership, account review
• Hudson City Bank - 3.00% (min $5K) account review
• Flagstar - 3.00% (min $500), account review
• Alliant Credit Union - 3.00% (min $25K) account review
• Southern Community Bank & Trust - 3.00% (min $500) account review
• Melrose CU - 2.98% (min $5K) account review
• Jacksonville Bank - 2.90% (min $1K) account review
• Security Savings Bank - 2.90% (35 mo) (min $500) account review
• Frontier Bank - 2.80% (min $50K) account review
• Dime Savings Bank - 2.75% (min $500) account review
• Acacia Federal Savings Bank - 2.75% (min $500) account review
• Intervest - 2.68% (min $2.5K), account review
• Gateway Regional CU - 2.65% (min $1K) restrictions to membership, account review
• iGobanking - 2.65% (min $500), account review
• State Bank of India - 2.63% (min $5K) account review
• NewDominion Bank - 2.61% (min $3K) account review
• Discover Bank - 2.60% (min $2.5K) account review
• Ally Bank - 2.55% (min $0) account review
• Air Force FCU - 2.55% (min $25K) membership restrictions account review
• American Express Bank - 2.50% (min $0) account review
• H&R Block Bank - 2.50% (min $250) account review
• Pentagon Federal CU - 2.50% (min $1K), account review
• AIG Bank - 2.50% (min $2.5K) account review
• Colorado Federal Savings Bank - 2.50% ($5K min) account review
• Equity Bank - 2.48% (min $1K) account review
• Nationwide Bank - 2.40% (min $500) account review
• Agriculture FCU - 2.40% (min $1K) account review
• Tennessee Commerce Bank - 2.30% (min $5K) account review
• Bank of Internet - 2.25% (min $1K) account review
• Northrop Grumman FCU - 2.16% (min $40K), account review

48-Month Certificate of Deposit:

• Melrose CU - 3.34% (min $5K) account review
• Hudson City Bank - 3.25% (min $5K) account review
• Flagstar - 3.25% (min $500), account review
• Alliant Credit Union - 3.25% (min $25K) account review
• Wings Financial CU - 3.24% (min $500) Limited Membership, account review
• BankUnited - 3.15% (min $5K) account review
• Acacia Federal Savings Bank - 3.00% (min $500) account review
• Frontier Bank - 3.00% (min $50K) account review
• Intervest - 2.95% (min $2.5K), account review
• Gateway Regional CU - 2.90% (min $1K) restrictions to membership, account review
• National Bank of KC - 2.90% (min $10K) account review
• Nationwide Bank - 2.85% (min $500) account review
• iGobanking - 2.80% (min $500), account review
• Discover Bank - 2.75% (min $2.5K) account review
• American Express Bank - 2.75% (min $0) account review
• Ally Bank - 2.75% (min $0) account review
• Third Federal - 2.75% (min $500) account review
• Pentagon Federal CU - 2.75% (min $1K), account review
• USAA Bank - 2.75% (min $1K) (3.06% $175K min) account review
• Equity Bank - 2.71% (min $1K) account review
• Tennessee Commerce Bank - 2.50% (min $5K) account review
• Golf Savings Bank - 2.50% (min $10K) account review
• FNBO Direct - 2.25% (min $500) account review

60-Month Certificate of Deposit:

• Melrose CU - 3.80% (min $5K) account review
• Apple FCU - 3.70% (min $50K) account review
• Northwest FCU - 3.56% (min $25K) account review
• Hudson City Bank - 3.50% (min $5K) account review
• Flagstar - 3.50% (min $500), account review
• Acacia Federal Savings Bank - 3.50% (min $500) account review
• Wings Financial CU - 3.49% (min $500) Limited Membership, account review
• State Bank of India - 3.39% (min $5K) account review
• Discover Bank - 3.35% (min $2.5K) account review
• Dime Savings Bank - 3.35% (min $500) account review
• OneWest Bank/IndyMac - 3.30% (min $5K) (phone or branch) account review
• Intervest - 3.27% (min $2.5K), account review
• Mountain America CU - 3.25% (min $1K) account review
• BankUnited - 3.25% (min $5K) account review
• American Express Bank - 3.25% (min $0) account review
• Connexus CU - 3.25% (min $1K) account review
• Frontier Bank - 3.25% (min $50K) account review
• Alliant Credit Union - 3.25% (min $25K) account review
• E-LOAN - 3.20% ($10K min) account review
• Gateway Regional CU - 3.20% (min $1K) restrictions to membership, account review
• NASA FCU - 3.15% (55 mo) (min $5K) account review
• Nationwide Bank - 3.15% (min $500) account review
• Agriculture FCU - 3.15% (min $1K), account review
• USAA Bank - 3.11% (min $1K) (3.42% $175K min) account review
• Ally Bank - 3.10% (min $0) account review
• Navy FCU - 3.10% ($20K min) (3.25% for $100K+) restrictions to membership, account review
• AIG Bank - 3.05% (min $2.5K) account review
• Patelco CU - 3.04% ($1K min), account review
• EverBank - 3.00% ($1.5K min) account review
• iGobanking - 3.00% (min $500), account review
• US Bank - 3.00% (59 mo) (min $1K) account review
• Citibank - 3.00% (min $500) account review
• Consumers CU - 3.00% (59-mo) (min $250) (3.25% $100K+) account review
• Third Federal - 3.00% (min $500) account review
• Pentagon Federal CU - 3.00% (min $1K), account review
• Colorado Federal Savings Bank - 3.00% ($5K min) account review
• Equity Bank - 2.97% (min $1K) account review
• Credit Union of Georgia - 2.94% (min $50K), account review
• University FCU - 2.90% (min $2.5K), account review
• Delta Community CU - 2.85% (min $1K) account review
• USA FCU - 2.53% (min $1K) account review
• FNBO Direct - 2.51% (min $500) account review
• Western FCU - 2.21% (min $40K) account review
• 1st Source Bank - 1.50% (min $500) account review

84-Month Certificate of Deposit:

• Navy FCU - 4.00% ($20K min) restrictions to membership, account review
• Pentagon Federal CU - 4.00% (min $1K), account review
• Apple FCU - 4.00% (min $50K) (4.20% 10yr) account review
• USAA Bank - 3.85% (min $1K) (4.16% $175K min) account review
• Discover Bank - 3.45% (min $2.5K) (3.70% 10yr) account review
• Intervest - 3.31% (min $2.5K), account review
• Third Federal - 3.25% (6-yr) (min $500) account review
• Capital One/Costco - 2.45% (min $5K) account review
• Capital One - 2.40% (min $5K) account review

Various Deposit Account Deals

• Checking/Savings Account Bonuses
• Best IRA CD rates, local and nationwide deals
• 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
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• Indiana deals and CD rates
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• Maine deals and CD rates
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• Montana deals and CD rates
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• New Hampshire deals and CD rates
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Bank Account Alternatives

• GE Interest Plus - 2.30% rate for $50k+
• Vanguard Prime Money Market Fund - 0.13% 7-day yield
• Vanguard Tax-Exempt Money Market Fund - 0.13% 7-day yield
• Fidelity Money Market Fund - 0.07% 7-day yield (reviews on Fatwallet)
• Paypal Money Market Fund - 0.07% 7-day yield (1% cashback debit MasterCard)
• Fidelity Municipal Money Market Fund - 0.01% 7-day yield
• TIAA-CREF Money Market Fund - 0.01% 7-day yeild
• 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)