Bank Deals Weekly Summary for February 13, 2010

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

I was surprised that we didn't have any bank failures yesterday. After 15 bank failures in January, I was expecting more failures in February, but so far there has only been one. However, I have a feeling the FDIC will be busy the next two Fridays.

So far this year there has been only one credit union closure. Not all credit unions are federally insured. Some only have private insurance via American Share Insurance (ASI). A Texas credit union, Velocity, was on the verge of switching to ASI. Last year its board of directors unanimously voted for the switch, and its members voted in favor of the switch in December. This week the board and management changed their minds and have decided to stay with NCUA deposit insurance.

On Wednesday the Fed provided some insights into its exit strategy when it released Bernanke's statements that were intended for the House Financial Services Committee meeting (which didn't take place due to Washington's blizzard). The Fed continues to say it expects "exceptionally low levels of the federal funds rate for an extended period." In my opinion, it's unlikely we'll see a rate hike before 2011 (see post).

With no end in sight, this record low interest rate environment is hitting savers and retirees hard. There were more news articles this week highlighting these difficulties. I reported on ones from the Boston Globe and MarketWatch on Thursday and today I reported on one from the UK which described the advocacy group Save Our Savers and how it's pushing for saver-friendly government policies.

Savings Account Rates

It wasn't as bad as the previous week, but there were still several banks that cut their savings account rates. Some of the major players that cut rates included Ally, Emigrant Bank and HSBC.

It has been a long time since ETrade Bank's Complete Savings Account has been competitive, and as I described on Monday, ETrade is wanting to shrink its banking business. This explains why ETrade notified many of its Complete Savings Account customers that it will be transferring their Complete Savings Accounts to Discover Bank's Online Savings Account. However, it appears not all Complete Savings Account customers are being moved to Discover Bank. It appears customers who have checking or brokerage accounts in addition to a Complete Savings Account are not being moved.

Those who are being moved may appreciate the change. Discover Bank's Online Savings Account is currently paying 1.35% APY for new accounts compared to ETrade's Complete Savings Account rate of only 0.50%. Some may miss ETrade's online banking system, but as I reported on Friday, Discover Bank is launching a new account center with many of the features we expect from an internet bank.

Rate Hikes:

1. None

Rate Cuts:

1. Colorado Federal Savings - 1.50% (was 1.70%)
2. Ally Bank Savings and MMA - 1.44% (was 1.49%)
3. Dollar Savings Direct Savings - 1.40% (was 1.50%)
4. Salem Five Direct Savings - 1.25% (was 1.45%)
5. United Central Bank Global MMA - 1.21% up to $75K (was 1.45%)
6. HSBC Advance Savings - 1.20% (was 1.35%)
7. State Farm Checking - 1.15% (was 1.25%)
8. Emigrant Direct Savings - 1.10% (was 1.20%)
9. E-LOAN Savings Plus - 1.10% $10K (was 1.20% $5K)

Certificate of Deposit Rates

CD rates continue to trend down. It's a challenge to find CDs with terms around 1 year that have rates of at least 2%. Most of the ones that I've found are from credit unions. One new one came up this week at Digital Credit Union which has a 14-month special with a 2.00% APY. (see review).

For mid-term CDs, Stonebridge Bank has a good deal on a special 21-month CD with a 2.30% APY (see review).

To get 3% CDs, you'll have to go with at least 3-year terms. The concern with long-term CDs is the potential of being locked into a low rate when interest rates start to surge. The only problem is that no one knows when rates will start going up. That's one reason to pay attention to the CD's early withdrawal penalty. The penalties can vary substantially. As I reported today, EverBank has a decent rate on a 5-year CD (3.36% APY). However, the early withdrawal penalty is one-fourth of the total interest which comes out to be 15 months of interest. On the other hand, Ally Bank's CDs only have a 60-day early withdrawal penalty. Ally's 5-year CD rate is only 3.15% APY, but its very mild early withdrawal penalty makes Ally's 5-year CD a better deal in my opinion (see my Ally CD review).

Another thing to note about Ally Bank is that they continue to offer a 0.50% bonus rate on CD renewals. A reader reported on Wednesday that Ally contacted him and offered him the 0.50% bonus for renewal. In addition, they allowed him to change terms and add to the CD at renewal. However, this appears to be targeted. So Ally may not be this generous for all of their CD customers. I would guess if someone had $500 in a 3-month CD, Ally may not offer a 0.50% rate bump and allow you to change it to a $100K 60-month CD.

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

Best Nationwide CD Deals as of 2/13/10: Also listed are savings account promos with rate guarantee periods. The full list of nationwide CD rates is farther down.

1. 2.25% 3-mo money market/checking promo at EverBank (account review)
2. 1.77% 10-mo CD at EBSB Direct (account review)
3. 2.10% 12-mo CD at Alliant CU (account review)
4. 2.00% 14-mo CD at Digital CU (account review)
5. 2.25% 15-mo CD at First City Bank (account review)
6. 2.00% 15-mo CD at Country Bank for Savings (account review)
7. 2.30% 21-mo CD at Stonebridge Bank (account review)
8. 2.02% 24-mo Add-On CD at Northwest FCU (account review)
9. 2.75% IRA-only 30-mo CD at Navy FCU - Limited Membership (account review)
10. 3.00% 36-mo CD at Pentagon FCU (may change in Feb) (account review)
11. 3.25% 48-mo CD at Pentagon FCU (may change in Feb) (account review)
12. 3.15% 48-mo CD at Hudson City Savings Bank (account review)
13. 3.65% 60-mo CD at Melrose CU (account review)
14. 3.60% 60-mo CD at Apple FCU (account review)
15. 3.55% 60-mo CD at iGObanking (account review)
16. 3.50% 60-mo CD at Pentagon FCU (may change in Feb) (account review)
17. 3.40% 60-mo CD at Hudson City Savings Bank (account review)
18. 3.15% 60-mo Small-Penalty CD at Ally Bank (account review)
19. 4.25% IRA-only 84-mo CD at Navy FCU - Limited Membership (account review)
20. 4.06% 84-mo CD (min $175K) at USAA Bank (account review)

Best Local CD Deals as of 2/13/10: Some of the best CD deals are from banks and credit unions that don't offer accounts nationwide. Refer to the recap section and the state index section to find all the recent local deals. Here are some of the best deals to note.

1. 2.30% Money Market Account (min $100K) at Georgia Primary Bank in Atlanta (account review)
2. 2.02% Money Market Account at South Florida FCU (account review)
3. 2.00% 6-mo CD at Vision Bank in Dallas (account review)
4. 2.00% 6-mo CD at United Financial Bank of Florida (account review)
5. 2.50% 12-mo CD at Workmen's Circle CU in Georgia (account review)
6. 2.22% 12-mo CD at Cornerstone Bank & Trust in IL (account review)
7. 2.06% 12-mo CD w/chk at Chartway FCU in VA, GA, RI, NC, TX, FL & NJ (account review)
8. 2.00% 12-mo CD at Premier American Bank, NA in Miami, FL (account review)
9. 2.01% 15-mo CD at Aspire FCU in NY, NJ, NH & VA (account review)
10. 2.20% 16-mo Jumbo CD at Teachers FCU in NY (account review)
11. 2.18% 18-mo CD w/chk at Greater Western Bank in AZ, CO, KS, NE, SD, IA & MO (account review)
12. 2.20% 18-mo CD & 3.20% 44-mo CD at Crescent Bank & Trust in Louisiana (account review)
13. 4.06% 48-mo CD & 2.52% 24-mo CD at Founders FCU in SC/NC (account review)
14. 3.35% 48-mo CD at Fidelity Bank of FL (account review)
15. 4.00% 60-mo CD at PFFCU in Philadelphia (account review)
16. 3.60% 60-mo Jumbo CD at CEFCU in CA & IL (account review)
17. 3.56% 72-mo CD at Broadway Federal Bank in Los Angeles (account review)
18. 4.25% 10-year Flex-CD at First Choice CU in Florida (account review)

Reward Checking Accounts

I reported on two new reward checking accounts last week with yields of 3.25% and 3.51%. These may seem low for reward checking, but they're more than 2% above the rates of many online savings accounts including those from ING Direct and HSBC.

To see all of the high yield reward checking accounts available throughout the nation, please refer to the reward checking section of DepositAccounts.com.

Don't Forget to Check the Notices Section

As I mentioned before, lots of my posts are now in the Notices Section. Notices are very short posts that are intended to alert you to rate changes or point you to some interesting bankings news or deals on the web. This allows me to post more often on news and deals. I'll continue the blog posts in the same format that you're used to. You can get to the Notices Section from the top menu. You can also see the recent Notices on the front page. Just select the Notices tab which is next to the Blog Posts tab. If you want to subscribe to both blog posts and Notices, just click on the RSS icon at the top of either the Blog or Notices section.

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

Banking News

• Save Our Savers Group Advocates for Change in United Kingdom
• Tax Policies to Encourage Saving and Help Even Out the Unfairness of Our Existing Government Policies?
• Velocity Credit Union in Texas Decides to Stay with NCUA Deposit Insurance
• Fed's Exit Strategy - Signs of Rate Hikes?
• ETrade Super Bowl Commercials - What Happened to ETrade Bank?

CD Deals - National

• Review of EverBank's CDs, Money Market and Checking Accounts
• Special 14-Month CD at Digital Credit Union in MA, CO & GA - Easy Membership
• Competitive 21-Month CD at Stonebridge Bank in PA - Available Nationwide

Savings/Checking Accounts - Nationwide

• Discover Bank's New Account Center with Improved Transfers
• ETrade Complete Savings Accounts to Become Discover Bank Online Savings Accounts
• Finding the Best Free Checking Accounts

Checking/Savings Bonuses

• $150 Checking Bonus and 1.50% 3-Mo Money Market Guarantee at Sovereign Bank in the Northeast
• $150 Checking Account Bonus at Associated Bank in IL, WI & MN - Local Only

Reward Checking Accounts

• High-Yield Reward Checking Account at Fibre Credit Union in Washington State - Local Only
• High-Yield Reward Checking Account at HCSB in Texas - Local Only

CD and Money Market Deals - Local

• 2.50% 12-Month CD at Workmen's Circle Credit Union in Georgia - Local Only
• Competitive 12-Month and 18-Month CD Rates at Community Trust Credit Union in California - RATE DROP
• NexBank Increases the Rate of its 24-Month CD Special - Texas Only
• Competitive Mid- and Long-Term CD Rates at Metro Phoenix Bank - Local Only
• Competitive CD Specials at United Commerce Bank in Indiana - Local Only
• Long-Term Flexible CD Special at First Choice Credit Union in SE Florida - Local Only
• 2.33% 9-Month CD at S-Bank in MA on Feb 12-13, 2010 - Local Only
• Competitive 15-Month CD Special at Stillwater National Bank in OK - Local Only
• Competitive 1-Year CD Special at Triad Bank - St. Louis Area 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 February 13, 2010

Checking/Savings/Money Market Accounts:

• Best Reward Checking Account Rates (Nationwide & by State)
• Best Savings Account Rates (Nationwide & by State)
• Best Money Market Rates (Nationwide & by State)
• Best Checking Account Rates (Nationwide & by State)

• Noteworthy Accounts Available Nationwide:

• EverBank - 2.25% ($5K min), 3 mo promo rate up to $50K (1.26% stnd) account review
• Incredible Bank - 2.02% Checking ($1K min) account review
• SmartyPig - 2.01% (min $25) withdrawal restrictions, account review
• Redneck/AmericaNet/Evantage Bank - 2.00% (up to $35K, 1% over) account review
• Alliant Credit Union - 2.00% (min $100), account review
• SFGI Direct - 1.85% ($25 min), NOT accepting new customers, account review
• Alliant Credit Union - 1.75% Checking, required direct deposit, account review
• EBSB Direct - 1.67% (min $50K) account review
• Peoples Bank - 1.60% ($10K min) account review
• Newtown Savings Bank - 1.60%, account review
• Wings Financial CU - 1.56% MMA ($5K min) Limited Membership, account review
• Clear Sky Accounts - 1.55% account review
• UFB Direct - 1.55%, account review
• Capital One/Costco - 1.50% InterestPlus Savings ($5K min) quarterly bonuses for $15K+, account review
• First Trade Union Bank - 1.50% ($2.5K min) account review
• Bank of America - 1.50% MMA ($10K min), guaranteed to 4/2010, account review
• ProvidentNJ Direct - 1.50% (min $10K) account review
• Danversbank - 1.50% account review
• Connexus CU - 1.50% MMA (min $20K) (2.00% $100K+) account review
• American Express Bank - 1.50%, account review
• CNB Bank Direct - 1.50% account review
• Bank of Internet - 1.50% (min $100) account review
• Colorado Federal Savings Bank - 1.50% ($2.5K min) account review
• Savings Square - 1.45%, account review
• Capital One - 1.45% InterestPlus Savings ($2.5K min) quarterly bonuses for $15K+, account review
• Nationwide Bank - 1.45% MMA (min $1K) account review
• Bank of Internet - 1.45% MMA (min $100) account review
• Ally Bank - 1.44% Savings account review
• Ally Bank - 1.44% MMA account review
• WTDirect - 1.41% ($10K min), account review
• FNBO Direct - 1.40%, account review
• Grand Yield Direct - 1.40% (min $2.5K) account review
• Hudson City - 1.40% (min $2.5K) account review
• Delta Community CU - 1.40% MMA (min $25K) 1.65% $100K+, account review
• ADB Bank - 1.40% account review
• Bank of Internet - 1.40% Advantage Savings (min $100) account review
• DollarSavingsDirect - 1.40% ($1K min) account review
• Discover Bank - 1.35% Savings (min $500) account review
• CapitalOne/Costco - 1.35% MMA (min $1K, Costco members only, $60 deal for exec. members)
• Bank of American Fork - 1.35% (min $1K) account review
• iGObanking - 1.31%, account review
• AIG Bank - 1.30% MMA (min $10K) account review
• Choice Financial - 1.26% (min $5K), (1.51% $25K+, 1.61% $100K) account review
• 1st Constitution Direct - 1.25% (min $100), 3 mo promo (1.25% $10K+ stnd) account review
• FNCB Bank - 1.25% (min $100) account review
• Zions Bank - 1.25% MMA, outside of Utah, (min $2.5K) account review
• UnivestDirect - 1.25%, (0.25% checking), account review
• Presidential Bank - 1.25% (min $5K, 0.75% over $35K), account review
• Bank Provident Online - 1.25% (min $10) account review
• Wilshire State Bank - 1.25%, chk required (min $500) account review
• OneWest Bank - 1.25% (min $1K) account review
• Salem Five Direct - 1.25% Savings, account review
• United Central Bank - 1.21% MMA (min $5K) (1.35% $75K-$150K) account review
• ING Direct - 1.20%, (0.25% checking), post ($25 bonus)
• HSBC Advance - 1.20% account review
• Capital One - 1.15% MMA, account review
• Union Federal Savings - 1.15% account review
• Intervest National Bank - 1.15% MMA (min $2.5K) account review
• State Farm Bank - 1.15% Checking (min $2.5K) account review
• E-LOAN - 1.10% Savings Plus (min $10K) other requirements, account review
• EmigrantDirect - 1.10%, account review
• Discover Bank - 1.00% MMA (min $2.5K) (1.40% $10K-$100K, 1.50% $100K+) account review

3-Month Certificates of Deposit:

• Best 3-Month CD Rates (Nationwide & by State)

• Noteworthy Accounts Available Nationwide:

• Danversbank - 1.75% (4 mo) (min $500) account review
• Southeast Financial FCU - 1.10% (min $500) account review
• TotalBank - 1.10% (min $1K) account review
• MetLife Bank - 1.00% (min $25K) account review
• UFB Direct - 0.75% (min $8K)

6-Month Certificates of Deposit:

• Best 6-Month CD Rates (Nationwide & by State)

• Noteworthy Accounts Available Nationwide:

• America's CU - 1.75% (7 mo) (min $500) account review
• Southeast Financial FCU - 1.60% (min $500) account review
• Country Bank for Savings - 1.60% (min $500) account review
• Connexus CU - 1.50% (min $500) account review
• Jacksonville Bank - 1.50% (min $1K) account review
• State Bank of India - 1.36% (min $5K) account review
• La Jolla Bank - 1.35% (min $10K), account review
• UFB Direct - 1.33% (min $8K)
• Excel National Bank - 1.32% (min $10K) account review
• Colorado Federal Savings Bank - 1.30% ($5K min) account review
• Century Bank Direct - 1.25% (5 mo) (min $1K) account review
• Ally Bank - 1.25% (min $0) account review
• Ascencia Bank - 1.25% (min $500), account review
• MetLife Bank - 1.10% (min $25K) account review
• ING Direct - 1.00%, account review

9-Month Certificates of Deposit:

• EBSB Direct - 1.77% (10-mo) (min $1K) account review
• Century Bank Direct - 1.50% (10 mo) (min $1K) account review
• OneWest Bank - 1.45% (min $5K) account review
• Doral Bank Direct - 1.40% (min $1K) account review
• Acacia Federal Savings Bank - 1.35% (min $500) account review
• NewDominion Bank - 1.31% (min $3K) account review
• MetLife Bank - 1.20% (min $25K) account review
• Ally Bank - 1.09% (min $0) No-Penalty, account review

12-Month Certificates of Deposit:

• Best One-Year CD Rates (Nationwide & by State)

• Noteworthy Accounts Available Nationwide:

• Apple FCU - 3.00% IRA-only (14-mo) (min $500) account review
• First City Bank - 2.25% (15-mo) (min $5K) account review
• Alliant Credit Union - 2.10% (min $25K) account review
• Melrose CU - 2.07% (min $5K) account review
• Country Bank for Savings - 2.00% (15-mo) (min $500) account review
• America's CU - 2.00% (13-mo) (min $500) account review
• Southeast Financial FCU - 2.00% (min $500) account review
• Digital CU - 2.00% (14-mo) (min $500) account review
• Golf Savings Bank - 1.90% (15-mo) (min $10K) account review
• Franklin Synergy Bank - 1.90% (min $1K) account review
• Academy Bank - 1.90% (min $500) account review
• Choice Financial - 1.85% (13 mo) (min $5K) add-on feature, account review
• Self-Help CU - 1.82% (min $500) account review
• Delta Community CU - 1.80% (min $1K) account review
• USAA Bank - 1.79% (15-mo) (min $1K) (2.10% $175K min) account review
• BankUnited - 1.75% (min $5K) account review
• Connexus CU - 1.75% (min $500) account review
• Jacksonville Bank - 1.75% (min $1K) account review
• State Bank of India - 1.71% (min $5K) account review
• UFB Direct - 1.71% (min $8K)
• Discover Bank - 1.70% (min $2.5K) account review
• Acacia Federal Savings Bank - 1.70% (min $500) account review
• Century Bank Direct - 1.70% (15-mo) (min $1K) account review
• NewDominion Bank - 1.67% (min $3K) account review
• Colorado Federal Savings Bank - 1.65% ($5K min) account review
• Ally Bank - 1.64% (min $0) account review
• Frontier Bank - 1.60% (min $500) account review
• Northwest FCU - 1.52% (min $500) add-on, account review
• ING Direct - 1.50% (min $1) account review
• Ascencia Bank - 1.50% (min $500), account review
• Geauga Savings Bank - 1.45% (min $1K) account review
• Bank of Internet - 1.40% (min $1K) account review
• Wilshire State Bank - 1.40% (min $10K), liquid features, account review
• Fifth Third - 1.35% (13-mo) (min $5K) not all states, account review
• Consumers CU - 1.25% (15-mo) (min $250) (1.50% $100K+) account review
• HSBC Advance - 1.25% (min $10) account review
• Amboy Direct - 1.10% Add-On (min $10K) account review

18-Month Certificates of Deposit:

• Best 18-Month CD Rates (Nationwide & by State)

• Noteworthy Accounts Available Nationwide:

• Citibank - 4.07% (min $200) (max $25K) requires secured credit card, account review
• Stonebridge Bank - 2.30% (21-mo) (min $500) account review
• Southeast Financial FCU - 2.11% (min $500) account review
• Alliant Credit Union - 2.10% (min $25K) account review
• Pacific Mercantile Bank - 2.07% IRA-only (min $7.5K) account review
• Academy Bank - 1.90% (min $500) account review
• Century Bank Direct - 1.90% (20 mo) (min $1K) account review
• Discover Bank - 1.80% (min $2.5K), account review
• NewDominion Bank - 1.76% (min $3K) account review
• Ally Bank - 1.73% (min $0) account review
• Colorado Federal Savings Bank - 1.70% ($5K min) account review
• Nationwide Bank - 1.70% (min $500) account review
• DollarSavingsDirect - 1.65% (16-mo) (min $1K) verified by phone on 2/13 account review

24-Month Certificates of Deposit:

• Best Two-Year CD Rates (Nationwide & by State)

• Noteworthy Accounts Available Nationwide:

• Wings Financial CU - 2.52% (min $500) Limited Membership, account review
• Melrose CU - 2.32% (min $5K) account review
• Atlantic Coast Bank - 2.30% account review
• Hudson City Bank - 2.30% (min $5K) account review
• Country Bank for Savings - 2.25% (min $500) account review
• America's CU - 2.25% (25 mo) (min $500) account review
• Gateway Regional CU - 2.25% (min $1K) restrictions to membership, account review
• Southeast Financial FCU - 2.25% (min $500) account review
• Golf Savings Bank - 2.20% (min $10K) account review
• Jacksonville Bank - 2.20% (min $1K) account review
• Discover Bank - 2.15% (min $2.5K) account review
• State Bank of India - 2.12% (min $5K) account review
• NewDominion Bank - 2.11% (min $3K) account review
• AIG Bank - 2.10% (min $2.5K) account review
• USAA Bank - 2.10% (min $1K) (2.41% $175K min) account review
• Main Street Bank - 2.10% (min $10K) account review
• Tennessee Commerce Bank - 2.10% (min $5K) account review
• ISN Bank - 2.10% (min $1K) account review
• Northrop Grumman FCU - 2.09% (min $40K), account review
• Self-Help CU - 2.07% (min $500) account review
• Northpointe Bank - 2.07% (min $5K) account review
• Ally Bank - 2.05% (min $0) Bump-Up, account review
• Broadway Federal Bank - 2.02% (min $1K) account review
• Northwest FCU - 2.02% (min $500) add-on, account review
• American Express Bank - 2.00% (min $0) account review
• Equity Bank - 1.99% (min $1K) account review

36-Month Certificate of Deposit:

• Best 3-Year CD Rates (Nationwide & by State)

• Noteworthy Accounts Available Nationwide:

• Wings Financial CU - 3.03% (min $500) Limited Membership, account review
• Pentagon Federal CU - 3.00% (min $1K), account review
• Melrose CU - 2.83% (min $5K) account review
• Hudson City Bank - 2.80% (min $5K) account review
• EBSB Direct - 2.75% (min $1K) account review
• BankUnited - 2.75% (min $5K) account review
• Atlantic Coast Bank - 2.70% account review
• Acacia Federal Savings Bank - 2.65% (min $500) account review
• iGobanking - 2.60% (min $500), account review
• Alliant Credit Union - 2.60% (min $25K) account review
• Air Force FCU - 2.55% (min $25K) membership restrictions account review
• NewDominion Bank - 2.51% (min $3K) account review
• Discover Bank - 2.50% (min $2.5K) account review
• Agriculture FCU - 2.50% (min $1K) account review
• Jacksonville Bank - 2.50% (min $1K) account review
• Northrop Grumman FCU - 2.50% (min $40K), account review
• Ally Bank - 2.49% (min $0) account review
• State Bank of India - 2.47% (min $5K) account review
• Nationwide Bank - 2.40% (min $500) account review

48-Month Certificate of Deposit:

• Best 4-Year CD Rates (Nationwide & by State)

• Noteworthy Accounts Available Nationwide:

• Pentagon Federal CU - 3.25% (min $1K), account review
• Hudson City Bank - 3.15% (min $5K) account review
• Wings Financial CU - 3.14% (min $500) Limited Membership, account review
• Alliant Credit Union - 3.10% (min $25K) account review
• Melrose CU - 3.09% (min $5K) account review
• National Bank of KC - 3.03% (min $10K) account review
• Apple FCU - 3.00% (min $500) account review
• BankUnited - 3.00% (min $5K) account review
• Acacia Federal Savings Bank - 3.00% (min $500) account review
• Gateway Regional CU - 2.80% (min $1K) restrictions to membership, account review
• USAA Bank - 2.75% (min $1K) (3.06% $175K min) account review
• Third Federal - 2.75% (min $500) account review
• Ally Bank - 2.74% (min $0) account review
• Discover Bank - 2.65% (min $2.5K) account review
• Capital One - 2.50% (min $5K) account review

60-Month Certificate of Deposit:

• Best 5-Year CD Rates (Nationwide & by State)

• Noteworthy Accounts Available Nationwide:

• Melrose CU - 3.65% (min $5K) account review
• Apple FCU - 3.60% (min $50K) account review
• iGobanking - 3.55% (min $500), account review
• Pentagon Federal CU - 3.50% (min $1K), account review
• Hudson City Bank - 3.40% (min $5K) account review
• Wings Financial CU - 3.39% (min $500) Limited Membership, account review
• EverBank - 3.36% ($1.5K min) account review
• Acacia Federal Savings Bank - 3.30% (min $500) account review
• OneWest Bank - 3.30% (min $5K) account review
• Agriculture FCU - 3.30% (min $1K), account review
• Northwest FCU - 3.30% (min $25K) account review
• Connexus CU - 3.25% (min $1K) account review
• BankUnited - 3.25% (min $5K) account review
• Dime Savings Bank - 3.25% (min $500) account review
• Discover Bank - 3.20% (min $2.5K) account review
• Mountain America CU - 3.20% (min $1K) account review
• State Bank of India - 3.19% (min $5K) account review
• Intervest - 3.15% (min $2.5K), account review
• USAA Bank - 3.15% (min $1K) (3.46% $175K min) account review
• Ally Bank - 3.15% (min $0) account review
• US Bank - 3.10% (59 mo) (min $1K) account review
• Capital One/Costco - 3.05% (min $5K) account review
• Gateway Regional CU - 3.05% (min $1K) restrictions to membership, account review
• Patelco CU - 3.04% ($1K min), account review
• Capital One - 3.00% (min $5K) account review
• Chase Bank - 3.00% (min $10K)

84-Month Certificate of Deposit:

• Navy FCU - 4.25% IRA-only ($20K min) restrictions to membership, account review
• Navy FCU - 4.00% ($20K min) restrictions to membership, account review
• USAA Bank - 3.75% (min $1K) (4.06% $175K min) account review
• Apple FCU - 3.75% (min $50K) (4.00% 10yr) account review
• Pentagon Federal CU - 3.75% (min $1K), account review
• Bank of America DOW - 3.61% (10-yr) (min $1K) account review
• Discover Bank - 3.40% (min $2.5K) (3.70% 10yr) account review
• Capital One/Costco - 3.30% (min $5K) account review
• Third Federal - 3.25% (6-yr) (min $500) account review
• Capital One - 3.25% (min $5K) account review
• Intervest - 3.24% (min $2.5K), 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

• Best Deals and CD Rates by State

Bank Account Alternatives

• GE Interest Plus - 1.90% rate for $50k+
• Vanguard Tax-Exempt Money Market Fund - 0.08% 7-day yield
• Paypal Money Market Fund - 0.05% 7-day yield (1% cashback debit MasterCard)
• Fidelity Money Market Fund - 0.01% 7-day yield (reviews on Fatwallet)
• Vanguard Prime Money Market Fund - 0.02% 7-day yield
• Fidelity Municipal Money Market Fund - 0.01% 7-day yield
• TIAA-CREF Money Market Fund - 0.00% 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)