Bank Deals Weekly Summary for March 6, 2010

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

There was a bit of good news this week with the release of February's unemployment numbers. According to CNNMoney.com, "the Labor Department said the economy lost 36,000 jobs in the month, fewer than the 68,000 jobs economists were expecting". However, the unemployment rate remains very high at 9.70%. As has been shown, it's unlikely we'll see rate hikes until there are several months of declining unemployment.

Another issue affecting depositors is the bank failures. Four banks failed yesterday with two of the bank closures affecting many internet rate chasers. The bank that UFB Direct had used to hold its deposits was one of the failed banks. This was Waterfield Bank, and the FDIC wasn't able to find a buyer, so it's being completely shut down. The front page of UFB Direct's website has been replaced with the FDIC page. UFB Direct was one of 38 affinity groups that took deposits for Waterfield Bank. The AARP Financial Savings Center was one. Their site is still up, but the online application is down. I'm not sure if these affiliate groups will be forced to close along with Waterfield or if they'll be able to find other banks to take the place of Waterfield. If you have accounts at any of these groups, please keep us posted on what happens to your accounts.

The other bank closure that's affecting internet rate chasers is the closure of Cenntenial Bank which had operated the internet bank, CBDirect.com. Like Waterfield, the FDIC wasn't able to find a buyer. It's even worse than Waterfield's closure in that the FDIC isn't creating a temporary bank to allow depositors to transfer their liquid accounts. All accounts are closed, and the FDIC will be mailing the checks. CBDirect.com had been offering a reward checking account with a 3.00% APY on all balances. Hopefully, none of this blog's readers pushed this "all balance" feature too far and exceeded the FDIC limit. According to the FDIC, there were $1.8 million in potentially uninsured deposits (see my review).

Savings Account Rates

UFB Direct had been doing a good job at keeping its US Savings account competitive. The latest rate was 1.45% APY. I'm sorry to see the bank failure, and the loss of this account.

Rate cuts were widespread this week. Savings account rates over 1.50% are becoming rare. American Express Bank had held its rate at 1.50% APY for a while, but it didn't last. The rate fell this week to 1.30% APY. Other major online banks that cut rates this week include Ally, ING Direct, Discover and Dollar Savings Direct.

Rate Hikes:

1. NewDominion Bank Savigns & MMA - 1.50% (newly added)
2. Sallie Mae Savings - 1.35% (newly added)

Rate Cuts:

1. Palladian PrivateBank - 1.55% (was 1.70%)
2. Clear Sky Savings - 1.50% (was 1.55%)
3. Savings Square Savings - 1.35% (was 1.45%)
4. Delta Community CU MMA - 1.35% $25K (was 1.40%)
5. Nationwide MMA - 1.35% (was 1.40%)
6. American Express Savings - 1.30% (was 1.50%)
7. Dollar Savings Direct Savings - 1.30% (was 1.40%)
8. Ally Savings & MMA - 1.30% (was 1.39%)
9. Discover Bank MMA - 1.30% $10K (was 1.40%)
10. Hudson City Savings - 1.25% (was 1.40%)
11. Bank of American Fork Savings - 1.20% (was 1.30%)
12. AIG Bank MMA - 1.20% $10K (was 1.26%)
13. ING Direct Savings - 1.10% (was 1.15%)
14. Intervest National Bank MMA - 1.10% $2.5K (was 1.13%)
15. UFB Direct - Bank Failure (was 1.45%)

Certificate of Deposit Rates

In addition to rate cuts, banks have also been reducing availability of their CDs. The latest example is at EBSB Direct which has been offering a 1.77% APY 10-month CD. This used to be available nationwide, but according to the bank's CSR, it's now only available to residents of New England and New York State.

For 1-year CDs, it's getting tough to find rates at or above 2.00% APY. Most of the institutions at this level are credit unions which include Alliant, Southeast Financial and Melrose.

You still can get rates over 3% APY for terms of at least 3 years. It can be worrisome to lock in these low rates for several years when there's a chance of big rate hikes within the next two years. If you do choose a long-term CD, make sure it doesn't have a harsh early withdrawal penalty. The internet bank with the best early withdrawal penalty is Ally Bank. The penalty is only 60 days of interest for all terms.

There was a slight rate reduction on Ally's 5-year CD. The rate fell 5 basis points to 3.10% APY. Thanks to Ally's Ten Day Best Rate Guarantee, you'll get the 3.15% APY if you applied before this change was made. Ally's description of this policy was a little confusing, and there were questions of whether the 10-day rate guarantee may extend before you apply. I just did a chat session with a CSR, and unfortunately, the 10 day rate guarantee only covers the 10 calendar days after the application is entered and accepted.

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

Best Nationwide CD Deals as of 3/06/10: 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. 2.30% 21-mo CD at Stonebridge Bank (account review)
6. 3.00% 36-mo CD at Pentagon FCU (may change in March) account review)
7. 3.25% 48-mo CD at BankUnited (account review)
8. 3.15% 48-mo CD at Hudson City Savings Bank (account review)
9. 3.65% 60-mo CD at Melrose CU (account review)
10. 3.60% 60-mo CD at Apple FCU (account review)
11. 3.50% 60-mo CD at BankUnited (account review)
12. 3.40% 60-mo CD at Hudson City Savings Bank (account review)
13. 3.10% 60-mo Small-Penalty CD at Ally Bank (account review)
14. 4.25% 84-mo IRA CD/4.00% CD at Navy FCU - Limited Membership (account review)
15. 4.06% 84-mo CD (min $175K) at USAA Bank (account review)

Best Local CD Deals as of 3/06/10: 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. 2.29% 6-mo CD at American Pride Bank in GA (account review)
4. 2.10% 12-mo CD at Workmen's Circle CU in Georgia (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. 2.18% 18-mo CD w/chk at Greater Western Bank in AZ, CO, KS, NE, SD, IA & MO (account review)
11. 2.20% 18-mo CD & 3.20% 44-mo CD at Crescent Bank & Trust in Louisiana (account review)
12. 3.00% 26-mo/49-mo CD Combo at SunTrust Bank in Several States (account review)
13. 3.00% 30-mo & 2.10% 13-mo CD at Texas Advantage Community Bank (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. 3.56% 72-mo CD at Broadway Federal Bank in Los Angeles (account review)
17. 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 3.51% and 4.25% APY. With the loss of CBDirect.com and its 3% no-cap reward checking account and the rate reduction at City National Bank (no-cap reward checking rate is now 1.68% APY), it's getting harder to earn high rates on large balances. One new account that may help a little is a new type of savings account that is paired with the reward checking account. This savings account can be useful for those with large balances. You won't get the top reward checking rates for large balances, but you may be able to get better rates than what you can get at Alliant Credit Union. I listed some of these reward checking/savings accounts in this post on the Best Reward Checking/Savings Combo Accounts.

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 banking 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

• Bank Rating Update and Why You Should Care
• Credit Union Pays Members to Withdraw Their Money
• Four Banks and One Credit Union Fail - Includes UFB Direct and CBDirect
• Beware of Zero Balance When Withdrawing from Internet Savings Accounts
• One of the Risks of Rate Chasing - Inactivity Fees
• Proposed Legislation Includes Provision to End Tax Deferral of Savings Bonds

CD Deals - National

• CD Gift Program and Competitive CD Rates at GiftsforBanking.com
• Velocity Credit Union's 9-Month CD Special - Easy Membership
• Update on Ally Bank: CD Policies and New Commercials

Savings/Checking Accounts - Nationwide

• Review of the New Sallie Mae Internet Bank and Its Link to Upromise Rewards

Checking/Savings Bonuses

• $150 to $200 Checking Account Bonuses at KeyBank - Only Certain States
• $150 Checking Account Bonus at Crescent Credit Union in MA - Local Only
• Citizens Bank's New $100 Checking Account Bonus - Available in Several NE States

Reward Checking Accounts

• Best Reward Checking/Savings Combo Accounts
• 4.25% Reward Checking Account at MidCarolina Bank in NC - Local Only
• 3.51% Reward Checking Account at Pioneer Bank in Texas - Local Only

CD and Money Market Deals - Local

• 2.01% 13-Month CD at Prudential Savings Bank in PA - Local Only
• Competitive CD & IRA CD Rates at Visions FCU in New York State - Local Only
• 2.00% 11-Month CD Special at Bellwether Community Credit Union - EXPIRED
• Competitive CD Rates at Alaska USA Credit Union in AK, WA & CA - Local Only
• 3.00% 30-Month & 2.10% 13-Month CD Specials at Texas Advantage Community Bank - Local Only
• 3.35% 4-Year CD at The Bank of Princeton in New Jersey - Local Only
• Competitive 18-Month CD Special at Stillwater National Bank in OK - 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 March 6, 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
• Alliant Credit Union - 2.00% (min $100), account review
• Redneck/AmericaNet/Evantage Bank - 2.00% (up to $35K, 1% over) account review
• Ready Saver - 2.00% (NC state excluded) account review
• SFGI Direct - 1.75% ($25 min), NOT accepting new customers, account review
• Alliant Credit Union - 1.75% Checking, required direct deposit, account review
• Incredible Bank - 1.74% Checking ($1K min) account review
• EBSB Direct - 1.67% (New England & NY State Only) (min $50K) account review
• Newtown Savings Bank - 1.60%, account review
• Peoples Bank - 1.60% ($10K min) account review
• Palladian PrivateBank - 1.55% (min $10K) account review
• Bank of Internet - 1.50% (min $100) account review
• Danversbank - 1.50% account review
• ProvidentNJ Direct - 1.50% (min $10K) account review
• First Trade Union Bank - 1.50% ($2.5K min) account review
• Capital One/Costco - 1.50% InterestPlus Savings ($5K min) quarterly bonuses for $15K+, account review
• Clear Sky Accounts - 1.50% account review
• NewDominion Bank - 1.50% (min $1.5K)
• Bank of Internet - 1.45% MMA (min $100) account review
• Capital One - 1.45% InterestPlus Savings ($2.5K min) quarterly bonuses for $15K+, account review
• Wings Financial CU - 1.41% MMA ($5K min) Limited Membership, account review
• Bank of Internet - 1.40% Advantage Savings (min $100) account review
• ADB Bank - 1.40% account review
• Grand Yield Direct - 1.40% (min $2.5K) account review
• Colorado Federal Savings Bank - 1.40% ($2.5K min) account review
• CapitalOne/Costco - 1.35% MMA (min $1K, Costco members only, $60 deal for exec. members)
• Discover Bank - 1.35% Savings (min $500) account review
• CNB Bank Direct - 1.35% account review
• Nationwide Bank - 1.35% MMA (min $1K) account review
• Delta Community CU - 1.35% MMA (min $25K) 1.60% $100K+, account review
• Savings Square - 1.35%, account review
• Sallie Mae Bank - 1.35% (Upromise rewards) account review
• iGObanking - 1.31%, account review
• Ally Bank - 1.30% MMA account review
• Ally Bank - 1.30% Savings account review
• DollarSavingsDirect - 1.30% ($1K min) account review
• American Express Bank - 1.30%, account review
• Choice Financial - 1.26% (min $5K), (1.51% $25K+, 1.61% $100K) account review
• WTDirect - 1.26% ($10K min), account review
• Connexus CU - 1.25% MMA (min $20K) (1.75% $100K+) account review
• Salem Five Direct - 1.25% Savings, account review
• OneWest Bank - 1.25% (min $1K) account review
• Wilshire State Bank - 1.25%, chk required (min $500) account review
• Bank Provident Online - 1.25% (min $10) account review
• Presidential Bank - 1.25% (min $5K, 0.75% over $35K), account review
• FNCB Bank - 1.25% (min $100) account review
• 1st Constitution Direct - 1.25% (min $100), 3 mo promo (1.25% $10K+ stnd) account review
• FNBO Direct - 1.25%, account review
• Hudson City - 1.25% (min $2.5K) account review
• United Central Bank - 1.21% MMA (min $5K) (1.35% $75K-$150K) account review
• AIG Bank - 1.20% MMA (min $10K) account review
• Bank of American Fork - 1.20% (min $1K) account review
• Zions Bank - 1.16% MMA, outside of Utah, (min $2.5K) account review
• UnivestDirect - 1.15%, (0.25% checking), account review
• State Farm Bank - 1.15% Checking (min $2.5K) account review
• Union Federal Savings - 1.15% account review
• Capital One - 1.15% MMA, account review
• HSBC Advance - 1.10% account review
• EmigrantDirect - 1.10%, account review
• Intervest National Bank - 1.10% MMA (min $2.5K) account review
• ING Direct - 1.10%, (0.25% checking), post ($25 bonus)
• E-LOAN - 1.05% Savings Plus (min $10K) other requirements, account review
• Discover Bank - 1.00% MMA (min $2.5K) (1.30% $10K-$100K, 1.40% $100K+) 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
• TotalBank - 1.10% (min $1K) account review
• Southeast Financial FCU - 1.10% (min $500) account review
• Palladian PrivateBank - 1.00% (min $10K) account review
• MetLife Bank - 0.40% (min $25K) account review

6-Month Certificates of Deposit:

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

• Noteworthy Accounts Available Nationwide:

• Northrop Grumman FCU - 1.63% (min $40K), account review
• Southeast Financial FCU - 1.60% (min $500) account review
• Connexus CU - 1.50% (min $500) account review
• Country Bank for Savings - 1.50% (min $500) account review
• Jacksonville Bank - 1.40% (min $1K) account review
• Grand Yield Direct - 1.40% (7-mo) (min $5K) account review
• State Bank of India - 1.36% (min $5K) account review
• Excel National Bank - 1.30% (min $10K) account review
• Palladian PrivateBank - 1.30% (min $10K) account review
• Century Bank Direct - 1.25% (5 mo) (min $1K) account review
• Colorado Federal Savings Bank - 1.20% ($5K min) account review
• Ally Bank - 1.19% (min $0) account review
• Ascencia Bank - 1.11% (min $500), 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
• Century Bank Direct - 1.50% (10 mo) (min $1K) account review
• Doral Bank Direct - 1.40% (min $1K) account review
• Acacia Federal Savings Bank - 1.35% (min $500) account review
• OneWest Bank - 1.35% (min $5K) account review
• NewDominion Bank - 1.31% (min $3K) account review
• AmTrust Direct - 1.25% (min $1K) account review
• Ally Bank - 0.99% (min $0) No-Penalty, account review
• MetLife Bank - 0.65% (min $25K) 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
• First City Bank - 2.00% (min $1K) account review
• Southeast Financial FCU - 2.00% (min $500) account review
• Franklin Synergy Bank - 1.90% (min $1K) account review
• Golf Savings Bank - 1.90% (15-mo) (min $10K) account review
• Northrop Grumman FCU - 1.85% (min $40K), account review
• Country Bank for Savings - 1.85% (15-mo) (min $500) account review
• Self-Help CU - 1.82% (min $500) account review
• Stonebridge Bank - 1.80% (14-mo) (min $500) account review
• Connexus CU - 1.75% (min $500) account review
• Delta Community CU - 1.75% (min $1K) account review
• Academy Bank - 1.70% (min $500) account review
• Century Bank Direct - 1.70% (15-mo) (min $1K) account review
• Acacia Federal Savings 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
• USAA Bank - 1.65% (15-mo) (min $1K) (1.96% $175K min) account review
• Jacksonville Bank - 1.65% (min $1K) account review
• Choice Financial - 1.65% (13 mo) (min $5K) add-on feature, account review
• BankUnited - 1.60% (min $5K) account review
• Discover Bank - 1.60% (min $2.5K) account review
• Palladian PrivateBank - 1.60% (min $10K) account review
• Ally Bank - 1.58% (min $0) account review
• Colorado Federal Savings Bank - 1.55% ($5K min) 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
• Wilshire State Bank - 1.40% (min $10K), liquid features, account review
• Bank of Internet - 1.40% (min $1K) account review
• Fifth Third - 1.35% (13-mo) (min $5K) not all states, account review
• Ascencia Bank - 1.35% (min $500), account review
• Consumers CU - 1.25% (15-mo) (min $250) (1.50% $100K+) account review
• Amboy Direct - 1.10% Add-On (min $10K) account review
• ING Direct - 1.10% (min $1) 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
• 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 - 2.02% IRA-only (min $7.5K) account review
• Century Bank Direct - 1.90% (20 mo) (min $1K) account review
• Academy Bank - 1.80% (min $500) account review
• Discover Bank - 1.80% (min $2.5K), account review
• NewDominion Bank - 1.76% (min $3K) account review
• Ally Bank - 1.75% (min $0) account review
• AmTrust Direct - 1.75% (min $1K) account review
• DollarSavingsDirect - 1.65% (16-mo) (min $1K) verified by phone on 3/06 account review
• Colorado Federal Savings Bank - 1.65% ($5K min) account review
• Nationwide 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
• Southeast Financial FCU - 2.25% (min $500) account review
• Gateway Regional CU - 2.25% (min $1K) restrictions to membership, account review
• America's CU - 2.25% (29 mo) (min $500) account review
• Country Bank for Savings - 2.25% (min $500) account review
• Golf Savings Bank - 2.20% (min $10K) account review
• State Bank of India - 2.17% (min $5K) account review
• Hudson City Bank - 2.15% (min $5K) account review
• Northrop Grumman FCU - 2.12% (min $40K), account review
• NewDominion Bank - 2.11% (min $3K) account review
• Tennessee Commerce Bank - 2.10% (min $5K) account review
• Jacksonville Bank - 2.10% (min $1K) account review
• Northpointe Bank - 2.07% (min $5K) account review
• Self-Help CU - 2.07% (min $500) account review
• USAA Bank - 2.05% (min $1K) (2.36% $175K min) account review
• Discover Bank - 2.05% (min $2.5K) account review
• Ally Bank - 2.04% (min $0) Bump-Up, account review
• Broadway Federal Bank - 2.02% (min $1K) account review
• ISN Bank - 2.02% (min $1K) account review
• AIG Bank - 2.01% (min $2.5K) account review
• Main Street Bank - 2.00% (min $10K) account review
• American Express Bank - 2.00% (min $0) account review
• AmTrust Direct - 2.00% (min $1K) 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
• BankUnited - 2.75% (min $5K) account review
• EBSB Direct - 2.75% (New England & NY State Only) (min $1K) account review
• Atlantic Coast Bank - 2.70% account review
• Acacia Federal Savings Bank - 2.65% (min $500) account review
• Hudson City Bank - 2.65% (min $5K) account review
• Alliant Credit Union - 2.60% (min $25K) account review
• iGobanking - 2.60% (min $500), account review
• Air Force FCU - 2.55% (min $25K) membership restrictions account review
• Northrop Grumman FCU - 2.53% (min $40K), 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 - 2.49% (min $0) account review
• Nationwide Bank - 2.40% (min $500) account review
• Jacksonville Bank - 2.40% (min $1K) account review
• Discover Bank - 2.40% (min $2.5K) 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
• BankUnited - 3.25% (min $5K) 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
• Acacia Federal Savings Bank - 3.00% (min $500) account review
• Apple FCU - 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 - 2.75% (min $1K) (3.06% $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
• Pentagon Federal CU - 3.50% (min $1K), account review
• BankUnited - 3.50% (min $5K) account review
• Hudson City Bank - 3.40% (min $5K) account review
• Wings Financial CU - 3.39% (min $500) Limited Membership, account review
• Agriculture FCU - 3.30% (min $1K), account review
• Acacia Federal Savings Bank - 3.30% (min $500) account review
• State Bank of India - 3.29% (min $5K) account review
• EverBank - 3.29% ($1.5K min) account review
• iGobanking - 3.25% (min $500), account review
• Dime Savings Bank - 3.25% (min $500) account review
• Connexus CU - 3.25% (min $1K) account review
• US Bank - 3.25% (59 mo) (min $1K) account review
• USAA Bank - 3.15% (min $1K) (3.46% $175K min) account review
• Northwest FCU - 3.14% (min $25K) account review
• Ally Bank - 3.10% (min $0) account review
• Discover Bank - 3.10% (min $2.5K) account review
• OneWest Bank - 3.10% (min $5K) account review
• Intervest - 3.08% (min $2.5K), account review
• Gateway Regional CU - 3.05% (min $1K) restrictions to membership, account review
• Capital One/Costco - 3.05% (min $5K) account review
• Chase Bank - 3.00% (min $10K)
• Capital One - 3.00% (min $5K) account review
• Mountain America CU - 3.00% (min $1K) account review
• Patelco CU - 2.94% ($1K min), 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
• Pentagon Federal CU - 3.75% (min $1K), account review
• Apple FCU - 3.75% (min $50K) (4.00% 10yr) account review
• USAA Bank - 3.75% (min $1K) (4.06% $175K min) 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
• Capital One - 3.25% (min $5K) account review
• Third Federal - 3.25% (6-yr) (min $500) account review
• Intervest - 3.16% (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 - 0.09% 7-day yield
• Paypal Money Market Fund - 0.04% 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)