Bank Deals Weekly Summary for November 28, 2009

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

Savings account rates are low but we can be thankful that they haven't fallen as much as Treasury rates. As reported by this Monday's AP article:

Interest rates on six-month Treasurys hit their lowest level on record and three-month bills their lowest point in 11 months in Monday's auction of T-bills.

In October, I mentioned a Washington Post commentary that described the plight of savers in this low interest rate environment. This Seeking Alpha commentary continues on this same issue. Unfortunately, economists don't worry much about savers, but there are other reasons why they're expressing concerns about this ultra low interest rate policy. It could do more harm than good to the economy. This AP article describes some of these views from economists. There's also a view that the Fed will move faster once it begins to raise rates. The article closed with this economist opinion:

Leahey said it may be another six to nine months before the Fed considers hiking rates, but that once it does start, the moves may be surprisingly strong.

"The Fed has learned its lesson in the last 10 years, so when they do decide to normalize rates they will do it more quickly than they did in the 2004 to 2006 period," he said.

I'm afraid this article probably won't help CD buyers in their decisions about maturities. There are risks of choosing short-term CDs which may mature before rate hikes begin and there are risks of rates shooting up in the middle of a long-term CD. The two ways to mitigate these risks are to ladder CDs and to choose CDs with minimal early withdrawal penalties.

The FDIC and the other bank regulators took a break this holiday week and didn't shut down any banks. However, the FDIC did release its third quarter review of the banking industry. The number of problem banks increased from 416 to 552, and the Deposit Insurance Fund (DIF) balance fell below zero. With the prepayment assessment, the FDIC doesn't believe it'll need to tap the Treasury's line of credit to pay for the future bank closures.

Savings Account Rates

Unfortunately, several banks didn't take a break this holiday week from cutting rates. However, there was some good news. This week I confirmed that Alliant Credit Union will continue to pay 2% on their savings account through December (see post).

Rate Hikes:

1. None

Rate Drops:

1. Flagstar MMA - 1.70% (was 1.80%)
2. Capital One InterestPlus Savings - 1.60% (was 1.70%)
3. UFB Direct US Savings Account - 1.60% (was 1.70%)
4. Ally Bank Savings Account - 1.59% (was 1.64%)
5. AIG Bank MMA - 1.46% (was 1.50%)
6. Intervest MMA - 1.40% to 1.60% (was 1.50% to 1.65%)
7. Amegy Bank MMA - 0.55% to 0.75% (was 0.90% to 1.10%)

Certificate of Deposit Rates

Some rate leaders made cuts this week. Melrose Credit Union cut rates on all of its CDs by 15 to 25 basis points. The rates remain competitive, but this knocked Melrose out of the top spot for many of the CD terms.

ING Direct came out with a new CD special as part of its Black Friday promotion. It was originally scheduled to end on Friday, but ING Direct has extended it. The special is a 2% 12-month CD which was a little disappointing. However, as you can see in my 12-month CD rate list below, there are not many banks offering over 2% for 1-year CDs.

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

Best Nationwide CD Deals as of 11/28/09: 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. 1.50% money market with rate guaranteed to Apr 2010 at Bank of America (account review)
3. 2.00% 7-mo CD ($100K min) at Consumers CU (account review)
4. 2.63% 12-mo CD at Wings Financial CU, Limited Membership (account review)
5. 2.10% 12-mo CD at Jacksonville Bank (account review)
6. 2.19% 15-mo CD at Golf Bank (account review)
7. 2.40% 18-mo CD at Alliant CU (account review)
8. 2.60% 24-mo CD at Jacksonville Bank (account review)
9. 2.55% 24-mo CD at Alliant CU (account review)
10. 3.00% 30-mo CD at Indus American Bank (account review)
11. 3.00% 36-mo CD at Alliant CU (account review)
12. 3.65% 60-mo CD at Melrose CU (account review)
13. 3.60% 60-mo CD at Apple FCU (account review)
14. 3.55% 60-mo CD at Northwest FCU (account review)
15. 4.16% 84-mo CD (min $175K) at USAA Bank (account review)
16. 4.00% 84-mo CD at Pentagon FCU (account review)

Best Local CD Deals as of 11/28/09: 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. 1.90% Savings Account (5% for 1st $1K) at OMNIBANK in TX (account review)
2. 2.00% 6-mo No-Penalty CD ($25K Max) at STC Capital Bank in IL (account review)
3. 3.00% 7-mo CD at NIH FCU in MD & DC - Limited Membership (account review)
4. 2.25% 11-mo CD at Colonial Bank Branches of BB&T in TX, FL & NV (account review)
5. 2.63% 12-mo CD & 3.09% 30-mo CD at Wings Financial CU in MN (account review)
6. 2.50% 15-mo CD & 2.26% 9-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. 2.40% 17-mo CD at Royal Asian Bank in PA, NJ & NY (account review)
9. 2.50% 18-mo No-Penalty CD at Darby Direct in GA (account review)
10. 2.50% 23-mo CD, 3.25% 42-mo CD & 2% 12-mo CD at Regions Bank in Many States (account review)
11. 2.78% 24-mo & 2.18% 12-mo CD at First National Bank in TX (account review)
12. 2.65% 24-mo & 2.20% 12-mo CD at Signature Bank in NYC (account review)
13. 3.00% 27-mo CD & 2.25% 15-mo CD at Enterprise Bank of SC (account review)
14. 3.15% 36-mo CD at First State Bank in NJ (account review)
15. 3.00% 36-mo CD & 2.09% 18-mo CD at Entertainment CU in CA (account review)
16. 4.07% 60-mo CD at IH Mississippi Valley CU in IL & IA (account review)
17. 4.00% 60-mo CD at PFFCU in Philadelphia (account review)

Reward Checking Accounts

I reported on three new reward checking accounts this week with yields ranging from 3.50% to 5.00%. All three are local deals.

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

• FDIC Releases October Enforcement Actions
• Big Improvements Coming to Bank Deals
• FDIC's Third Quarter Report - Number of Problem Banks Increased to 552
• Fees for PIN-Based Debit Card Purchases

Savings/Checking Accounts - National

• Alliant Credit Union's Savings Account Rate to Remain 2% Through December

CD Deals - National

• 3.55% 5-Year CD & 3.03% 3-Year CD at Goldwater Bank - Available Nationwide
• ING Direct's Black Friday Specials: 2% 12-Month CD & $121 Checking Bonus
• CD Rates Fall at Melrose Credit Union But Remain Competitive - Available Nationwide
• High-Yield Low-Max CD Specials
• 3.00% 30-Month CD at Indus American Bank in NJ & NY - Available Nationwide
• 2.19% 15-Month CD at Golf Savings Bank - Available Nationwide

Checking/Savings Bonuses

• ING Direct Extends Its Black Friday Sale
• PerkStreet Financial Raises New Account Bonus to $100 - Available Nationwide

Reward Checking Accounts

• 4.07% Reward Checking Account at Bluegrass Community Bank in KY - Local Only
• 5.00% Reward Checking Account at Cedar Rapids Bank & Trust in Iowa - Local Only
• 3.50% Reward Checking Account & $150 Bonus at LGE Community Credit Union in GA - Local Only

CD and Money Market Deals - Local

• 2.00% 6-Month No-Penalty CD ($25K Max) at STC Capital Bank in IL - Local Only
• 1.90% Savings Account (5% for first $1K) at OMNIBANK in Texas - Local Only
• 3.15% 36-Month CD & Other Competitive CD Rates at First State Bank in NJ - Local Only
• 2.30% 18-Month CD at 1st Mariner Bank in Maryland - Local Only
• 2.50% 24-Month & 2.10% 12-Month Jumbo CDs at Universal Bank in CA - Local Only
• 3.51% 60-Month CD at Florida Traditions Bank in Florida - Local Only
• 2.00% Money Market Account with Rate Guaranteed for 6 Months at New Century Bank in PA - Local Only
• 2.78% 24-Month CD & 2.18% 12-Month CD at First National Bank in Texas - Local Only
• 2.65% 24-Month CD & 1.90% 6-Month CD Continues at Signature Bank in New York City - Local Only
• 2.50% 12-Month CD & 2.25% Money Market Account at Coastal Carolina National Bank in SC - Local Only
• 3.50% 60-Month CD at LGE Community Credit Union in GA - Local Only
• 2.10% 15-Month CD at Nassau Educators FCU in New York - Local Only
• 2.02% 12-Month CD & 1.88% Savings Account at American Plus Bank N.A. in California - Local Only
• 2.52% 24-Month CD at Olin Community Credit Union in MO & IL - Local Only
• 2.05% 15-Month CD at Jeanne D'Arc Credit Union in MA and NH - Local Only
• 2.25% 12-Month Jumbo CD at First Sound Bank in WA - 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 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 28, 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
• 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
• 1st Constitution Direct - 1.75% (min $100), 3 mo promo (1.75% $10K+ stnd) account review
• Bank of Internet - 1.70% (min $100) account review
• CNB Bank Direct - 1.70% account review
• American Express Bank - 1.70%, account review
• Colorado Federal Savings Bank - 1.70% ($2.5K min) account review
• Flagstar - 1.70% MMA, account review
• Bank of Internet - 1.65% MMA (min $100) account review
• First Trade Union Bank - 1.65% ($2.5K min) account review
• Capital One/Costco - 1.65% InterestPlus Savings ($5K min) quarterly bonuses for $15K+, account review
• Union Federal Savings - 1.60% account review
• Bank of Internet - 1.60% Advantage Savings (min $100) account review
• DollarSavingsDirect - 1.60% ($1K min) account review
• Newtown Savings Bank - 1.60%, account review
• UFB Direct - 1.60%, account review
• Capital One - 1.60% InterestPlus Savings ($2.5K min) quarterly bonuses for $15K+, account review
• Ally Bank - 1.59% Savings account review
• Salem Five Direct - 1.55% Savings, account review
• Savings Square - 1.55%, account review
• Ally/GMAC Bank - 1.55% MMA account review
• Heartland Bank Direct - 1.51% ($500 min), account review
• WTDirect - 1.51% ($10K min), account review
• Nationwide Bank - 1.50% MMA (min $1K) 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
• Bank of American Fork - 1.50% (min $1K) 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
• 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
• AIG Bank - 1.46% MMA (min $10K+) 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
• Grand Yield Direct - 1.40% (min $2.5K) account review
• FNBO Direct - 1.40%, account review
• CapitalOne/Costco - 1.40% MMA (min $1K, Costco members only, $60 deal for exec. members)
• Intervest National Bank - 1.40% MMA (min $2.5K) 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
• Bank of America NEA - 1.25% MMA ($500 min) (1.35% for $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
• Citibank - 1.15% (Ultimate Savings) account review
• Imperial Capital - 1.13% MMA ($2.5K min) (1.32% for $100K+) account review
• UmbrellaBank - 1.10% MMA (min $1K) 1.45% ($50K+) account review
• Bank of Internet - 1.10% Checking (min $5K) 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
• 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
• Amegy Bank - 0.55% (min $1K) 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
• Consumers CU - 1.45% (min $500) account review
• Southeast Financial FCU - 1.45% (min $500) account review
• MetLife Bank - 1.30% (min $25K) account review
• UFB Direct - 1.22% (min $8K)
• Imperial Capital - 1.20%, ($2K min), account review
• Ally Bank - 1.10% (min $0) account review
• FirstFedDirect - 1.05% (min $10K), account review
• UmbrellaBank - 1.00% (min $1K) account review
• Wilshire State Bank - 0.90% (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
• 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
• TotalBank - 1.65% (min $1K) account review
• FirstFedDirect - 1.60% (min $10K), account review
• Ascencia Bank - 1.51% (min $500), account review
• Jacksonville Bank - 1.50% (min $1K) account review
• La Jolla Bank - 1.50% (min $10K), account review
• Connexus CU - 1.50% (min $500) account review
• Colorado Federal Savings Bank - 1.50% ($5K min) account review
• Ally Bank - 1.45% (min $0) account review
• Imperial Capital - 1.42% ($2K min), account review
• Century Bank Direct - 1.40% (5 mo) (min $1K) 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
• MetLife Bank - 1.35% (min $25K) account review
• Wilshire State Bank - 1.25% (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
• TotalBank - 1.65% (min $1K) account review
• FirstFedDirect - 1.65% (min $10K) account review
• Imperial Capital - 1.59% ($2K min), account review
• Century Bank Direct - 1.55% (10 mo) (min $1K) account review
• UmbrellaBank - 1.55% (min $1K) account review
• Acacia Federal Savings Bank - 1.55% (min $500) account review
• NewDominion Bank - 1.50% (min $3K) account review
• Ally Bank - 1.49% (min $0) No-Penalty, account review
• E-LOAN - 1.45% ($10K min) account review
• Ally Bank - 1.45% (min $0) account review
• MetLife Bank - 1.45% (min $25K) account review
• Doral Bank Direct - 1.40% (min $1K) account review
• OneWest Bank - 1.25% (min $5K) (phone or branch only) account review
• NASA FCU - 1.25% (min $5K) account review
• Bank of America - 0.50% (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
• Christian Community CU - 2.25% (min $1K) not NCUA insured (ASI only) account review
• Golf Savings Bank - 2.19% (15-mo) (min $10K) account review
• Jacksonville Bank - 2.10% (min $1K) account review
• UmbrellaBank - 2.10% (min $1K) account review
• Frontier Bank - 2.10% (min $50K) account review
• Melrose CU - 2.07% (min $5K) account review
• Self-Help CU - 2.07% (min $500) account review
• Choice Financial - 2.05% (13 mo) (min $5K) add-on feature, account review
• Pacific Mercantile Bank - 2.01% (min $10K) account review
• Franklin Synergy Bank - 2.01% account review
• UFB Direct - 2.00% (min $8K)
• ING Direct - 2.00% (min $1) Will end soon, account review
• Consumers CU - 2.00% (15-mo) (min $250) (2.25% $100K+) account review
• Southeast Financial FCU - 2.00% (min $500) account review
• America's CU - 2.00% (13 mo) (min $500) account review
• Colorado Federal Savings Bank - 2.00% ($5K min) account review
• Academy Bank - 2.00% (min $500) account review
• State Bank of India - 1.96% (min $5K) account review
• NewDominion Bank - 1.92% (min $3K) account review
• Ascencia Bank - 1.91% (min $500), account review
• Century Bank Direct - 1.90% (15 mo) (min $1K) account review
• Ally Bank - 1.90% (min $0) 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
• Acacia Federal Savings Bank - 1.90% (min $500) account review
• Delta Community CU - 1.85% (min $1K) account review
• BankUnited - 1.85% (min $5K) account review
• AIG Bank - 1.85% (min $2.5K) account review
• ISN Bank - 1.82% (min $1K) account review
• La Jolla Bank - 1.80% (min $10K), account review
• Nationwide Bank - 1.80% (min $500) account review
• Amboy Direct - 1.75% Add-On (min $10K) account review
• E-LOAN - 1.75% ($10K min) account review
• ING Direct - 1.75% (min $1) account review
• Connexus CU - 1.75% (min $500) account review
• Wilshire State Bank - 1.75% (min $10K), liquid features, account review
• Imperial Capital - 1.75% ($2K min), account review
• MetLife Bank - 1.75% (min $25K) account review
• Credit Union of Georgia - 1.71% (min $50K), account review
• Northpointe Bank - 1.70% (min $5K) account review
• Equity Bank - 1.68% (min $1K) account review
• Bank of Internet - 1.65% (min $1K) account review
• OneWest Bank - 1.65% (min $5K) (phone or branch only) account review
• TotalBank - 1.65% (min $1K) account review
• Tennessee Commerce Bank - 1.60% (min $5K) account review
• Wilshire State Bank - 1.50% (min $1K) account review
• Geauga Savings Bank - 1.50% (min $1K) account review
• Fifth Third - 1.50% (13 mo) (min $5K) not all states, account review
• Northwest FCU - 1.45% (min $500) add-on, account review
• OneWest Bank/IndyMac - 1.40% (min $5K) liquid CD, account review
• HSBC Direct - 1.25% (min $10) account review
• Bank of America DOW - 1.10% (min $1K) account review
• 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
• DollarSavingsDirect - 2.25% (16-mo) (min $1K) verified by phone on 11/28 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
• Security Savings Bank - 2.20% (min $500) account review
• UmbrellaBank - 2.10% (min $1K), account review
• Century Bank Direct - 2.05% (20 mo) (min $1K) account review
• Colorado Federal Savings Bank - 2.05% ($5K min) 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
• Academy Bank - 2.00% (min $500) account review
• NewDominion Bank - 1.96% (min $3K) 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
• Equity Bank - 1.90% (min $1K) account review
• MetLife Bank - 1.75% (min $25K) account review
• OneWest Bank - 1.70% (min $5K) account review

24-Month Certificates of Deposit:

• Indus American Bank - 3.00% (30 mo) (min $2K) account review
• 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 - 2.40% (min $5K) 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) Ends Nov 30th, account review
• Northpointe Bank - 2.35% (min $5K) account review
• Self-Help CU - 2.33% (min $500) account review
• Melrose CU - 2.32% (min $5K) account review
• Northrop Grumman FCU - 2.28% (min $40K), account review
• State Bank of India - 2.27% (min $5K) account review
• Gateway Regional CU - 2.25% (min $1K) restrictions to membership, account review
• Discover Bank - 2.25% (min $2.5K) 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
• ISN Bank - 2.22% (min $1K) account review
• NewDominion Bank - 2.21% (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
• 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
• Equity Bank - 2.12% (min $1K) 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
• Academy Bank - 2.00% (min $500) account review
• Capital One - 2.00% (min $5K) account review
• iGobanking - 1.70% (min $500), account review
• Bank of America DOW - 1.60% (min $1K) 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
• Goldwater Bank - 3.03% (min $50K) account review
• Alliant Credit Union - 3.00% (min $25K) account review
• Hudson City Bank - 2.90% (min $5K) account review
• Jacksonville Bank - 2.90% (min $1K) account review
• Security Savings Bank - 2.85% (35 mo) (min $500) account review
• Flagstar - 2.85% (min $500), account review
• Melrose CU - 2.83% (min $5K) account review
• Frontier Bank - 2.80% (min $50K) account review
• Southern Community Bank & Trust - 2.75% (min $500) account review
• Dime Savings Bank - 2.75% (min $500) account review
• Gateway Regional CU - 2.65% (min $1K) restrictions to membership, account review
• iGobanking - 2.65% (min $500), account review
• Intervest - 2.65% (min $2.5K), account review
• Acacia Federal Savings Bank - 2.65% (min $500) account review
• State Bank of India - 2.63% (min $5K) account review
• Discover Bank - 2.60% (min $2.5K) account review
• NewDominion Bank - 2.56% (min $3K) 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
• Nationwide Bank - 2.40% (min $500) account review
• Agriculture FCU - 2.40% (min $1K) account review
• Equity Bank - 2.39% (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 - 1.98% (min $40K), account review

48-Month Certificate of Deposit:

• 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
• Hudson City Bank - 3.15% (min $5K) account review
• BankUnited - 3.15% (min $5K) account review
• Melrose CU - 3.09% (min $5K) account review
• Acacia Federal Savings Bank - 3.00% (min $500) account review
• Frontier Bank - 3.00% (min $50K) account review
• Capital One - 3.00% (min $5K) 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
• Golf Savings Bank - 2.70% (min $10K) account review
• Equity Bank - 2.61% (min $1K) account review
• Tennessee Commerce Bank - 2.50% (min $5K) account review
• FNBO Direct - 2.25% (min $500) account review

60-Month Certificate of Deposit:

• Melrose CU - 3.65% (min $5K) account review
• Apple FCU - 3.60% (min $50K) account review
• Northwest FCU - 3.55% (min $25K) account review
• Goldwater Bank - 3.55% (min $50K) 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
• Hudson City Bank - 3.40% (min $5K) account review
• Discover Bank - 3.35% (min $2.5K) account review
• Dime Savings Bank - 3.35% (min $500) account review
• State Bank of India - 3.34% (min $5K) account review
• Capital One/Costco - 3.30% (min $5K) 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
• Capital One - 3.25% (min $5K) account review
• OneWest Bank/IndyMac - 3.20% (min $5K) (phone or branch) 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
• University FCU - 3.12% (min $2.5K), 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
• USAA Bank - 3.01% (min $1K) (3.32% $175K min) account review
• EverBank - 3.00% ($1.5K min) account review
• iGobanking - 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 - 2.92% (min $1K) account review
• Delta Community CU - 2.85% (min $1K) account review
• Credit Union of Georgia - 2.78% (min $50K), account review
• US Bank - 2.75% (59 mo) (min $1K) account review
• USA FCU - 2.53% (min $1K) account review
• FNBO Direct - 2.51% (min $500) account review
• Citibank - 2.50% (min $500) account review
• Western FCU - 2.18% (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
• USAA Bank - 3.85% (min $1K) (4.16% $175K min) account review
• Apple FCU - 3.75% (min $50K) (4.00% 10yr) account review
• Discover Bank - 3.45% (min $2.5K) (3.70% 10yr) account review
• Intervest - 3.31% (min $2.5K), account review
• Capital One/Costco - 3.30% (min $5K) account review
• Capital One - 3.25% (min $5K) account review
• Third Federal - 3.25% (6-yr) (min $500) 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
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Bank Account Alternatives

• GE Interest Plus - 2.20% rate for $50k+
• Vanguard Tax-Exempt Money Market Fund - 0.16% 7-day yield
• Vanguard Prime Money Market Fund - 0.11% 7-day yield
• Fidelity Money Market Fund - 0.07% 7-day yield (reviews on Fatwallet)
• Paypal Money Market Fund - 0.06% 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)