Bank Deals Weekly Summary for March 13, 2010

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

The Fed will be having its second regularly scheduled meeting of 2010 on Tuesday March 16. According to this MarketWatch article, there's growing debate in the FOMC over near-zero interest rates. The inflation hawk, Thomas Hoenig, who's now a voting member in the FOMC this year has hinted that he is likely to dissent on holding policy steady at the meeting. He was the lone dissenter in the last meeting concerning the language of "exceptionally low levels of the federal funds rate for an extended period." However, according to the article, he's not getting much support by the other members at the FOMC. We'll see what happens on Tuesday.

Four banks failed this week. The brings the total number of bank failures for 2010 to 30 (see review). No credit unions failed. The last credit union liquidation was on March 5th which was the fourth closure of 2010 (see review).

The bank failures this week were typical with the FDIC finding buyers who agreed to assume all deposits even those above the FDIC limit. The FDIC wasn't able to find buyers of two of the four banks that failed on March 5th. Centennial Bank of Ogden, Utah was one of these two banks. Hopefully, depositors should have received their checks from the FDIC by now. A few of this blog readers had accounts at this bank through its internet division, CBDirect.com, which had offered a no-cap reward checking account. If you are one of those depositors, please leave a comment if you have or haven't received your check.

The other bank that failed on March 5th without a buyer was Waterfield Bank. Unlike Centennial Bank, the FDIC is temporarily operating Waterfield to give depositors time to transfer their liquid accounts to other banks. The complicating issue with Waterfield is that it held deposits at several affinity groups. Two popular affinity groups included UFB Direct and AARP Financial Savings Center. As I reported on Monday, both UFB Direct and AARP Financial Savings Centers appear to be shutting down.

To stay on top of the latest banking news, be sure to keep an eye on our Notices Section. Notices are very short posts that are intended to alert you to rate changes or point you to some interesting banking news or deals on the web. I'll continue to write full blog posts on the most relevant news and the best deals. Please refer to my Notices section overview to learn more about these and how you can subscribe.

Savings Account Rates

I'm afraid this was another week of widespread rate cuts. Some notable ones occurred at Capital One Direct, iGObanking and Apple Bank for Savings' Grand Yield Direct.

I still have 5 institutions on my savings account list with rates of at least 2% APY. One of these five is actually three separate banks that are all owned by the same family, and each has its own internet division. The most famous one is RedneckBank. These banks offer the Mega Money Market account that has been paying 2.00% APY since April 2009. However, the rate applies only to the first $35K. The APY for the portion of balances above this is 1.00% APY. I did another review of this Mega Money Market account and these banks on Thursday.

Rate Hikes:

1. None

Rate Cuts:

1. Colorado Federal Savings Bank - 1.35% (was 1.40%)
2. Capital One/Costco InterestPlus - 1.30% (was 1.50%)
3. Ally Bank Savings & MMA - 1.29% (was 1.30%)
4. Capital One InterestPlus - 1.25% (was 1.45%)
5. Grand Yield Direct Savings - 1.25% (was 1.40%)
6. Capital One/Costco MMA - 1.25% (was 1.35%)
7. Sallie Mae Bank Savings - 1.25% (was 1.35%)
8. iGObanking Savings - 1.21% (was 1.31%)
9. WTDirect Savings - 1.16% (was 1.26%)
10. Bank Provident Online Savings - 1.10% (was 1.25%)
11. UnivestDirect Savings - 1.05% (was 1.15%)
12. Capital One MMA - 1.05% (was 1.15%)
13. Intervest National Bank MMA - 1.05% $2.5K (was 1.10%)
14. ProvidentNJ Direct Savings - 1.00% $10K (was 1.50%)
15. E-LOAN Savings Plus - 1.00% $10K (was 1.05%)

Certificate of Deposit Rates

One bit of good news is that CD rates are holding up. There were some rate cuts this week, but they were not nearly as bad as the savings account rate cuts. The best deals continue to be at credit unions for almost all terms. The only exception is BankUnited's 4-year 3.25% APY CD which ties Pentagon FCU's 4-year CD rate.

One new CD that I came across today is at Geauga Savings Bank which is offering a liquid 2-year CD with a 2.00% APY. It's called a Freedom CD, and it allows additional deposits and penalty-free early withdrawals. Details are described in the bank's disclosure. It does have one significant downside: a minimum initial deposit of $50K. The liquid features give it an edge over Ally Bank's 2-year Raise Your Rate CD, but the nice thing about Ally is that its CDs don't have minimum deposit requirements. I reviewed Ally Bank's Raise Your Rate CD and Ally's low-penalty CD features in this Tuesday post.

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

Best Nationwide CD Deals as of 3/13/10: 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. 1.76% 9-mo CD at Velocity Credit Union (account review)
3. 2.10% 12-mo CD at Alliant CU (account review)
4. 2.07% 12-mo CD at Melrose Credit Union (account review)
5. 2.50% 15-mo IRA-only CD at Dime Savings Bank (account review)
6. 2.30% 24-mo CD at Atlantic Coast Bank (account review)
7. 3.00% 36-mo CD at Pentagon FCU (may change in March) account review)
8. 3.00% 26/49-mo CD Package at SunTrust Bank (account review)
9. 3.25% 48-mo CD at BankUnited (account review)
10. 3.15% 48-mo CD at Hudson City Savings Bank (account review)
11. 3.65% 60-mo CD at Melrose CU (account review)
12. 3.60% 60-mo CD at Apple FCU (account review)
13. 3.50% 60-mo CD at BankUnited (account review)
14. 3.40% 60-mo CD at Hudson City Savings Bank (account review)
15. 3.09% 60-mo Small-Penalty CD at Ally Bank (account review)
16. 4.25% 84-mo IRA CD/4.00% CD at Navy FCU - Limited Membership (account review)
17. 4.06% 84-mo CD (min $175K) at USAA Bank (account review)

Best Local CD Deals as of 3/13/10: 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. 2.02% 11-mo CD at Service CU in NM & MA (account review)
4. 2.00% 11-mo CD at Quorum FCU in NY (account review)
5. 2.06% 12-mo CD w/chk at Chartway FCU in VA, GA, RI, NC, TX, FL & NJ (account review)
6. 2.00% 12-mo CD at Vision Bank in Dallas (account review)
7. 2.00% 12-mo CD at Premier American Bank, NA in Miami, FL (account review)
8. 2.01% 13-mo CD at Prudential Savings Bank in PA (account review)
9. 2.01% 15-mo CD at Aspire FCU in NY, NJ, NH & VA (account review)
10. 2.15% 18-mo CD at First Citizens Bank in NC (account review)
11. 2.30% 20-mo CD at Chevron FCU in CA (account review)
12. 3.20% 44-mo CD at Crescent Bank & Trust in Louisiana (account review)
13. 3.35% 48-mo CD at Fidelity Bank of FL (account review)
14. 4.00% 60-mo CD at PFFCU in Philadelphia (account review)
15. 3.56% 72-mo CD at Broadway Federal Bank in Los Angeles (account review)
16. 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 this week with yields of 3.50% and 4.11% APY. I also revisited two reward checking accounts that I first reported on in the past. One is the Texas bank HCSB which is offering a 3.51% APY for balances up to $25K. It was a local deal when I first reported on it in February. It's now nationally available, and you can open it online (see review). The other reward checking account is offered by BancorpSouth. I think this might be the largest bank that's offering a reward checking account. The account is not a nationwide deal, but the bank has 289 branches throughout the Southeast (see review).

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

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

Banking News

• Credit Card Information Possibly Compromised at Internet Retailer Monoprice - How to Protect Yourself Against Fraud
• Four Banks Failures This Week - Total for Year Reaches 30
• UFB Direct and AARP Financial Savings Center Appear to be Shutting Down after Waterfield's Closure

CD Deals - National

• 3.00% 26/49-Month CD Package and $150 Checking Bonus at SunTrust - Available Nationwide
• 2.50% 15-Month IRA CD at Dime Savings Bank - Available Nationwide
• Ally Bank's 5-Year CD and 2-Year Raise Your Rate CD - Which is Better?
• Survey of CD Early Withdrawal Penalties from Internet Banks

Savings/Checking Accounts - Nationwide

• Savings Accounts Remain Competitive at Redneck Bank and its Two Sister Banks

Checking/Savings Bonuses

• New $150 Checking Account Promotion at BBVA Compass in Several States - Local Only
• Update on Bank of the West Checking Account Bonus, Free ATMs and Online Savings Account
• Wells Fargo $50 Checking Account Bonus in a Few States
• First Citizens Bank FreeMoney Debit Card Reward Program in Several States

Reward Checking Accounts

• High-Yield Reward Checking Account at PriorityOne Bank in MS - Local Only
• Reward Checking and a High-Yield Savings Account at BancorpSouth in Several Southern States
• High-Yield Reward Checking Account Now Available Nationwide at HCSB in Texas
• High-Yield Reward Checking Account at Center National Bank in MN - Local Only
• How to Avoid the Gotchas of High-Yield Reward Checking Accounts

CD and Money Market Deals - Local

• 2.02% 11-Month CD Special at Service Credit Union - Limited Membership
• 2.30% 20-Month CD Special at Chevron FCU in California - Limited Membership
• 1.75% 11-Month CD at First Entertainment Credit Union in CA - Local Only
• March Madness 12-Month CD with Rates up to 2.70% at Countryside FCU in New York - Local Only
• 2.05% 18-Month CD & 3.00% 48-Month CD at Island FCU in New York - Local Only
• Competitive CD Rates at First Jackson Bank in AL & TN
• 2.00% 11-Month CD at Quorum FCU in New York - Easy Membership
• 2.15% 18-Month CD at First Citizens Bank in NC - Local Only
• Competitive Online CDs at Clinton Savings Bank - MA 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 March 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
• SmartyPig - 2.01% (min $25) withdrawal restrictions, account review
• Ready Saver - 2.00% (NC state excluded) account review
• Redneck/AmericaNet/Evantage Bank - 2.00% (up to $35K, 1% over) account review
• Alliant Credit Union - 2.00% (min $100), account review
• Alliant Credit Union - 1.75% Checking, required direct deposit, account review
• SFGI Direct - 1.75% ($25 min), NOT accepting new customers, account review
• Incredible Bank - 1.74% Checking ($1K min) account review
• EBSB Direct - 1.67% (New England & NY State Only) (min $50K) account review
• Peoples Bank - 1.60% ($10K min) account review
• Newtown Savings Bank - 1.60%, account review
• Palladian PrivateBank - 1.55% (min $10K) account review
• NewDominion Bank - 1.50% (min $1.5K)
• Clear Sky Accounts - 1.50% account review
• First Trade Union Bank - 1.50% ($2.5K min) account review
• Danversbank - 1.50% account review
• Bank of Internet - 1.50% (min $100) account review
• Bank of Internet - 1.45% MMA (min $100) account review
• Wings Financial CU - 1.41% MMA ($5K min) Limited Membership, account review
• ADB Bank - 1.40% account review
• Bank of Internet - 1.40% Advantage Savings (min $100) account review
• Savings Square - 1.35%, account review
• Delta Community CU - 1.35% MMA (min $25K) 1.60% $100K+, account review
• Nationwide Bank - 1.35% MMA (min $1K) account review
• CNB Bank Direct - 1.35% account review
• Discover Bank - 1.35% Savings (min $500) account review
• Colorado Federal Savings Bank - 1.35% ($2.5K min) account review
• American Express Bank - 1.30%, account review
• DollarSavingsDirect - 1.30% ($1K min) account review
• Capital One/Costco - 1.30% InterestPlus Savings ($5K min) quarterly bonuses for $15K+, account review
• Ally Bank - 1.29% Savings account review
• Ally Bank - 1.29% MMA account review
• Choice Financial - 1.26% (min $5K), (1.51% $25K+, 1.61% $100K) account review
• Hudson City - 1.25% (min $2.5K) account review
• FNBO Direct - 1.25%, 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
• Presidential Bank - 1.25% (min $5K, 0.75% over $35K), 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
• Connexus CU - 1.25% MMA (min $20K) (1.75% $100K+) account review
• Sallie Mae Bank - 1.25% (Upromise rewards) account review
• CapitalOne/Costco - 1.25% MMA (min $1K, Costco members only, $60 deal for exec. members)
• Grand Yield Direct - 1.25% (min $2.5K) account review
• Capital One - 1.25% InterestPlus Savings ($2.5K min) quarterly bonuses for $15K+, account review
• United Central Bank - 1.21% MMA (min $5K) (1.35% $75K-$150K) account review
• iGObanking - 1.21%, account review
• Bank of American Fork - 1.20% (min $1K) account review
• AIG Bank - 1.20% MMA (min $10K) account review
• Zions Bank - 1.16% MMA, outside of Utah, (min $2.5K) account review
• WTDirect - 1.16% ($10K min), account review
• Union Federal Savings - 1.15% account review
• State Farm Bank - 1.15% Checking (min $2.5K) account review
• ING Direct - 1.10%, (0.25% checking), post ($25 bonus)
• EmigrantDirect - 1.10%, account review
• HSBC Advance - 1.10% account review
• Bank Provident Online - 1.10% (min $10) account review
• Intervest National Bank - 1.05% MMA (min $2.5K) account review
• Capital One - 1.05% MMA, account review
• UnivestDirect - 1.05%, (0.25% checking), account review
• Discover Bank - 1.00% MMA (min $2.5K) (1.30% $10K-$100K, 1.40% $100K+) account review
• E-LOAN - 1.00% Savings Plus (min $10K) other requirements, account review
• ProvidentNJ Direct - 1.00% (min $10K) account review

3-Month Certificates of Deposit:

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

• Noteworthy Accounts Available Nationwide:

• Danversbank - 1.25% (4 mo) (min $500) account review
• Excel National Bank - 1.11% (min $10K) account review
• BankDirect - 1.11% (min $10K)
• Southeast Financial FCU - 1.10% (min $500) account review
• TotalBank - 1.10% (min $1K) account review
• NewDominion Bank - 1.01% (min $3K) account review

6-Month Certificates of Deposit:

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

• Noteworthy Accounts Available Nationwide:

• Northrop Grumman FCU - 1.64% (min $40K), account review
• Southeast Financial FCU - 1.60% (min $500) account review
• Country Bank for Savings - 1.50% (min $500) account review
• Connexus CU - 1.50% (min $500) account review
• Grand Yield Direct - 1.40% (7-mo) (min $5K) account review
• Jacksonville Bank - 1.40% (min $1K) account review
• State Bank of India - 1.36% (min $5K) account review
• Palladian PrivateBank - 1.30% (min $10K) account review
• Excel National Bank - 1.30% (min $10K) account review
• Ally Bank - 1.19% (min $0) account review
• Colorado Federal Savings Bank - 1.15% ($5K min) account review
• Ascencia Bank - 1.11% (min $500), account review
• Century Bank Direct - 1.10% (5 mo) (min $1K) account review
• ING Direct - 0.90%, account review
• MetLife Bank - 0.55% (min $25K) account review

9-Month Certificates of Deposit:

• EBSB Direct - 1.77% (New England & NY State Only) (10-mo) (min $1K) account review
• Velocity CU - 1.76% (min $5K) account review
• Doral Bank Direct - 1.40% (min $1K) account review
• Century Bank Direct - 1.35% (10 mo) (min $1K) account review
• NewDominion Bank - 1.31% (min $3K) account review
• Acacia Federal Savings Bank - 1.30% (min $500) account review
• AmTrust Direct - 1.25% (min $1K) account review
• OneWest Bank - 1.25% (min $5K) account review
• Ally Bank - 0.99% (min $0) No-Penalty, account review

12-Month Certificates of Deposit:

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

• Noteworthy Accounts Available Nationwide:

• Alliant Credit Union - 2.10% (min $25K) account review
• Melrose CU - 2.07% (min $5K) account review
• Southeast Financial FCU - 2.00% (min $500) account review
• First City Bank - 2.00% (min $1K) account review
• Golf Savings Bank - 1.90% (15-mo) (min $10K) account review
• Franklin Synergy Bank - 1.90% (min $1K) account review
• Northrop Grumman FCU - 1.89% (min $40K), account review
• Self-Help CU - 1.82% (min $500) account review
• Delta Community CU - 1.75% (min $1K) account review
• Connexus CU - 1.75% (min $500) account review
• Country Bank for Savings - 1.75% (15-mo) (min $500) account review
• Academy Bank - 1.70% (min $500) account review
• NewDominion Bank - 1.67% (min $3K) account review
• State Bank of India - 1.66% (min $5K) account review
• Choice Financial - 1.65% (13 mo) (min $5K) add-on feature, account review
• Jacksonville Bank - 1.65% (min $1K) account review
• Acacia Federal Savings Bank - 1.65% (min $500) account review
• Palladian PrivateBank - 1.60% (min $10K) account review
• Discover Bank - 1.60% (min $2.5K) account review
• BankUnited - 1.60% (min $5K) account review
• USAA Bank - 1.60% (15-mo) (min $1K) (1.91% $175K min) account review
• Ally Bank - 1.57% (min $0) account review
• Colorado Federal Savings Bank - 1.55% ($5K min) account review
• Century Bank Direct - 1.55% (15-mo) (min $1K) account review
• Northwest FCU - 1.51% (min $500) add-on, account review
• AmTrust Direct - 1.50% (min $1K) 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
• Ascencia Bank - 1.35% (min $500), 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
• ING Direct - 1.10% (min $1) account review
• Amboy Direct - 1.10% Add-On (min $10K) account review
• HSBC Advance - 1.01% (min $10) 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 $5K) requires secured credit card, account review
• Southeast Financial FCU - 2.11% (min $500) account review
• Alliant Credit Union - 2.10% (min $25K) account review
• Pacific Mercantile Bank - 1.92% IRA-only (min $7.5K) account review
• Discover Bank - 1.80% (min $2.5K), account review
• Academy Bank - 1.80% (min $500) account review
• NewDominion Bank - 1.76% (min $3K) account review
• AmTrust Direct - 1.75% (min $1K) account review
• Ally Bank - 1.75% (min $0) account review
• Century Bank Direct - 1.75% (20 mo) (min $1K) account review
• Colorado Federal Savings Bank - 1.65% ($5K min) account review
• DollarSavingsDirect - 1.65% (16-mo) (min $1K) verified by phone on 3/13 account review
• Nationwide Bank - 1.60% (min $500) account review
• Stonebridge Bank - 1.60% (min $500) 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
• Country Bank for Savings - 2.25% (min $500) account review
• America's CU - 2.25% (29 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
• Northrop Grumman FCU - 2.17% (min $40K), account review
• State Bank of India - 2.17% (min $5K) account review
• Hudson City Bank - 2.15% (min $5K) account review
• NewDominion Bank - 2.11% (min $3K) account review
• Jacksonville Bank - 2.10% (min $1K) account review
• Tennessee Commerce Bank - 2.10% (min $5K) account review
• Self-Help CU - 2.07% (min $500) account review
• Discover Bank - 2.05% (min $2.5K) account review
• Northpointe Bank - 2.05% (min $5K) account review
• ISN Bank - 2.02% (min $1K) account review
• Broadway Federal Bank - 2.02% (min $1K) account review
• Ally Bank - 2.02% (min $0) Bump-Up, account review
• AIG Bank - 2.01% (min $2.5K) account review
• AmTrust Direct - 2.00% (min $1K) account review
• American Express Bank - 2.00% (min $0) account review
• Main Street Bank - 2.00% (min $10K) account review
• USAA Bank - 2.00% (min $1K) (2.30% $175K min) account review
• Geauga Savings Bank - 2.00% (min $50K) (add-on/no-penalty features) account review
• Equity Bank - 1.98% (min $1K) account review
• Northwest FCU - 1.91% (min $500) add-on, 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
• EBSB Direct - 2.75% (New England & NY State Only) (min $1K) account review
• BankUnited - 2.75% (min $5K) account review
• Hudson City Bank - 2.65% (min $5K) account review
• Acacia Federal Savings Bank - 2.65% (min $500) account review
• Atlantic Coast Bank - 2.65% account review
• Alliant Credit Union - 2.60% (min $25K) account review
• Northrop Grumman FCU - 2.55% (min $40K), account review
• Air Force FCU - 2.55% (min $25K) membership restrictions account review
• State Bank of India - 2.52% (min $5K) account review
• NewDominion Bank - 2.51% (min $3K) account review
• Agriculture FCU - 2.50% (min $1K) account review
• Ally Bank - 2.44% (min $0) account review
• Discover Bank - 2.40% (min $2.5K) account review
• Jacksonville Bank - 2.40% (min $1K) account review
• Nationwide Bank - 2.40% (min $500) account review
• iGobanking - 2.10% (min $500), account review

48-Month Certificate of Deposit:

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

• Noteworthy Accounts Available Nationwide:

• BankUnited - 3.25% (min $5K) account review
• 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
• Apple FCU - 3.00% (min $500) account review
• Acacia Federal Savings Bank - 3.00% (min $500) account review
• National Bank of KC - 2.98% (min $10K) account review
• Gateway Regional CU - 2.80% (min $1K) restrictions to membership, account review
• Third Federal - 2.75% (min $500) account review
• USAA Bank - 2.70% (min $1K) (3.01% $175K min) account review
• Ally Bank - 2.69% (min $0) account review
• Discover Bank - 2.55% (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
• BankUnited - 3.50% (min $5K) 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
• Agriculture FCU - 3.30% (min $1K), account review
• US Bank - 3.25% (59 mo) (min $1K) account review
• Connexus CU - 3.25% (min $1K) account review
• Dime Savings Bank - 3.25% (min $500) account review
• State Bank of India - 3.24% (min $5K) account review
• Northwest FCU - 3.14% (min $25K) account review
• OneWest Bank - 3.10% (min $5K) account review
• Discover Bank - 3.10% (min $2.5K) account review
• USAA Bank - 3.10% (min $1K) (3.41% $175K min) account review
• Ally Bank - 3.09% (min $0) account review
• Capital One/Costco - 3.05% (min $5K) account review
• Gateway Regional CU - 3.05% (min $1K) restrictions to membership, account review
• iGobanking - 3.05% (min $500), account review
• Mountain America CU - 3.00% (min $1K) account review
• Chase Bank - 3.00% (min $10K)
• Intervest - 3.00% (min $2.5K), account review
• Patelco CU - 2.94% ($1K min), account review
• Capital One - 2.75% (min $5K) account review

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
• Third Federal - 3.25% (6-yr) (min $500) account review
• Intervest - 3.16% (min $2.5K), account review
• Capital One/Costco - 3.05% (min $5K) account review
• Capital One - 3.00% (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

• Best Deals and CD Rates by State

Bank Account Alternatives

• GE Interest Plus - 1.80% rate for $50k+
• Vanguard Tax-Exempt Money Market Fund - 0.09% 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 - 0.01% 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)