Dedicated to Deposits: Deals, Data, and Discussion

Finding The Best Bank Rates and Deals #8


This post is intended to be a place where readers can share info on the best bank deals or other useful banking news. Your help is much appreciated. Also, I'm including websites that list the best CD and money market rates. This is intended to be a place where you can start your search for the best bank deals.

This is the eighth finding-the-best-deals post. The last one was getting too long.

In your comment, please include the link to the deal. If the deal is not on the bank's website, please include the source of the deal (i.e. a New York Times newspaper ad, a sign at a local bank, etc.)

I'll try my best to post on the deals, and I'll be sure to give you credit. If you want to remain anonymous, simply comment as an anonymous user or email me at bankdeals at gmail dot com.

One tip to see if the deal has already been posted is to use the search box at the top of this page or do a search of my archive page or the monthly archives which are located on the right sidebar.

Bank Deals at this Blog and Elsewhere

With new deals from banks and credit unions constantly popping up, no site has a complete list of all the best deals. Some think Bankrate.com has a complete list, but it fails to list many high rate CDs especially those with odd terms like an 11-month term. Also, it does a poor job at credit union certificates.

Below are lists of the best resources for different categories. I've included mine on top of each category (noted by Bank Deals:). If you find another good source of bank deals, please let me know.

Best Certificate of Deposit Rates

Best Money Market / Savings / Checking Account Rates

Bank Bonuses

Banking and Credit Union Resources

Related Posts

Comments
256 comments.
Comment #1 by Anonymous posted on
Anonymous
Digital FCU has a 5.20% 5mo cd

1
Comment #2 by Anonymous posted on
Anonymous
Wamu 'Savings for Success' is now 6.5% in IL & TX. Limit one account per customer.

1
Comment #3 by Anonymous posted on
Anonymous
Re: other websites with good CD deals, ChicagoCDRates.com does a pretty good job of keeping up on local CD rates -- I've seen a few there that you don't have.

1
Comment #4 by Anonymous posted on
Anonymous
bankrate only lists a fraction of the banks that bankcd.com and money-rates.com list - i am not sure why they don't keep up

1
Comment #5 by Anonymous posted on
Anonymous
iGObanking.com has lowered their savings account rate from 5.00% to 4.90%.

I am disappointed... I had opened their account thinking it was quite comparable to UFB Direct, but now it is 40 basis points lower :(.

1
Comment #6 by Anonymous posted on
Anonymous
https://www.growfinancial.org/index.cfm?fuseaction=rates.dividends

Grow financial credit union - 5% 48 month CD. Anyone can join, check web site for details - requires a $5 contribution to a non profit org.

1
Comment #7 by Anonymous posted on
Anonymous
AAA is ending their agreement with Bank of America and the interest rate on their Money Market account is likely to change

1
Comment #8 by Anonymous posted on
Anonymous
AAA's Bank of America relationship is expiring 12/31/07 - AAA will not release their new banking relationship until January 2008. So, existing AAA Bank of America MMF may see different interest rates in the new year.

1
Comment #9 by Anonymous posted on
Anonymous
INGdirect.com deposit $250 by 11/30/07 and get a $50 bonus. it was a flyer that came with my New York Times. I've seen flyers in Kiplingers for $25. I signed up online, it wouldn't accept my reference code, but when I called them, (2x) they where very helpful and accepted the code. call 1 800 464 3473 reference code NYT232 / M5RMUQNZ

1
Comment #10 by Anonymous posted on
Anonymous
with all due respect I don't think that bestbankrates.com should be on the list I just checked 2 of their CD rates which looked good and they were both wrong and one was from six months ago..yikes

1
Comment #11 by Anonymous posted on
Anonymous
KeyDirect dropped to 4.95%.

1
Comment #12 by Bozo (anonymous) posted on
Bozo
Re: Keydirect

However, they are still offering their 10 year CD at 5.75% APY for CDs over $50,000. I haven't found anything even close. I'm hoping that rate will still be available in early January. If you have a 10 year ladder, it's very attractive in this rate environment.

Yours,

Bozo

PS: CSR named "Matt" is very helpful. Ask for him if you can.

1
Comment #13 by Anonymous posted on
Anonymous
Heartland Bank Direct has dropped to 4.80%

1
Comment #14 by Anonymous posted on
Anonymous
Bank of America is offering a 5.20% 4 month CD in NJ.

This offer is good from 11/29/2007 through 12/3/2007

1
Comment #15 by tuphat (anonymous) posted on
tuphat
Not exactly a tip, but -- Huron River Area Credit Union has been liquidated, and is now being operated as a division of Detroit Edison Credit Union. Members with deposits in excess of the NCUA-insured amount need to file a claim with NCUA.
http://www.huronriverfinancial.org/files/detedison/316/file/HomePage.MBR.LTR.pdf

1
Comment #16 by tuphat (anonymous) posted on
tuphat
Full link for Huron River Area CU letter --
http://www.huronriverfinancial.org/files/
detedison/316/
file/HomePage.MBR.LTR.pdf

1
Comment #17 by Duck (anonymous) posted on
Duck
Hi Banking guy I just got letter in mail yesterday from Patriot bank I know you just posted on them for a 3m at 5.5%. In letter they are offering anyone that has one of those 6m 6% cd coming due they have set up a "earlybird cd renewal convenience" as they state it in short you need to call are stop in branch before January14,08 or at anytime before cd renewal ends they will offer you 5.5% for either 5 or 8 month term I dont know if I can add to this I will call in a few days and talk to them Thanks again for for all you do here Duck

1
Comment #18 by Ryan (anonymous) posted on
Ryan
I just found out that WaMu opened up its High Yield Savings accounts to people who already have an existing regular (not online) checking account. When the Online savings account opened, you had to open an online checking account as well, but that restriction was dropped. If you already have a WaMu checking account and use online tools, signing up for the high yield savings account takes less than 5 minutes and you can transfer funds immediately.

1
Comment #19 by Anonymous posted on
Anonymous
Ufb Direct declined to 5.22%. Still not bad.

1
Comment #20 by Anonymous posted on
Anonymous
I found in local newspaper Brentwood Press (California, Contra Costa County)(www.thepress.net) that Travis Credit Union offers the following from Dec 1-Dec8 2007:
5.75 % APY 5 month CD (minimum 10000)
$100 gift card with new checking account and direct deposit
This offer in 4 locations:
Brentwood Branch 3111-N Balbout Rd
Antioch Branch 5819 Lone Tree Way
Concord Branch 1257 Willow Pass Rd
Clayton Valley Branch 5442 Ygnacio Valley Rd

Member service Center 800-877-8328

Thank you

1
Comment #21 by Anonymous posted on
Anonymous
BankUnited dropped to 5.15%

1
Comment #22 by Andrew (anonymous) posted on
Andrew
AmTrust Direct www.amtrustdirect.com has a new checking account deal in whic h up a $50 bonus can be earned.

1
Comment #23 by Anonymous posted on
Anonymous
Flagstar dropped to 5.0% (from 5.10%)

1
Comment #24 by ShraZZy (anonymous) posted on
ShraZZy
WAMU 5.10% 6M online CD, up from 5%.

1
Comment #25 by Anonymous posted on
Anonymous
Amboy Direct Premium Savings down to 4.75% on all balances. What...? They couldn't wait until Tuesday?

1
Comment #26 by scott (anonymous) posted on
scott
Saw in todays Boston Globe that Countrywide is offering 3 month 5.50% CD here in MA, Looks like it must be opened at one of their financial centers

1
Comment #27 by Anonymous posted on
Anonymous
Everbank – more bizarre application steps

Two weeks after sending in my application I got rather strange email from somebody (Mike Meyer) clamming to be Assistant Vice President and essentially asking me to *send* my net worth details over *unencrypted email*.

Banking guy could you make a poll if anybody else had same experience.

1
Comment #28 by Banking Guy (anonymous) posted on
Banking Guy
Hope EverBank isn't following FNBO Direct's example of intrusive email requests. I'll have to look into this. I recommend calling EverBank to confirm this request.

1
Comment #29 by Anonymous posted on
Anonymous
ING dropped their savings account to 4.1% APY (down from 4.2% before). Also all the Electric Orange tiers are down.

1
Comment #30 by mrthnman (anonymous) posted on
mrthnman
countrywide is back up to 5.50% for 3 & 6 month cd's

1
Comment #31 by Anonymous posted on
Anonymous
AmTrusts new one is down to 5.11% APY.

1
Comment #32 by Kate (anonymous) posted on
Kate
Has anyone had experiences with fisn.com? The best deal currently seems to be a CD with an 8% rate, noncallable for 1 year, possible term of 15 years
http://www.fisn.com/rates.htm
This appears to be a CD brokerage network, and the FAQ page at
http://www.fisn.com/faq-cd.htm
says FISN only places CDs with banks that are FDIC insured.

1
Comment #33 by ommie (anonymous) posted on
ommie
LA Financial 5.75% APY* 13-Mo CD w/direct dep & new ckg acct or 13 Mo CD 5.25%APY for $1,000 deposit. CD Michelle 1800 894 1200 Sandra ext 8214 for IRA CD for deposit by mail

*APY= Annual Percentage Yield, APR= Annual Percentage Rate
**$25 minimum deposit to open a Checking Account. $1,000 minimum deposit to the 13-Month Certificates, 50% of deposit must be "new money" not already on deposit with the credit union. The CD will auto renew into a 12-Month CD at the then-current rate for that balance tier. Rates subject to change without notice. Penalty for early withdrawal.

LA Financial Credit Union located at 224 North Fair Oaks Avenue, Pasadena, CA 91103

1
Comment #34 by Anonymous posted on
Anonymous
To Kate:
I think you should re read that FISN webpage. I believe that 8% CD is CALLABLE.

1
Comment #35 by Anonymous posted on
Anonymous
I wanted to know what you thought of 8% rate at FISN website. Have you ever dealt with FISN before? Are they legit?

8.00% Interest is paid monthly for
every day the 30Yr Treasury Constant Maturity Swap Rate is greater than the 10Yr Treasury Constant Maturity Swap Rate (Positive Yield Curve). If the 10Yr is greater than the 30Yr on any day (Negative Yield Curve) no interest is accrued for that day. Full 8.00% rate guaranteed for 1st. year.

Please do share your thoughts. Thanks.

1
Comment #36 by Stewman (anonymous) posted on
Stewman
Does anyone know if Penfed will run another end of the year or beginning of the year Cd deal like the last 3 years?

1
Comment #37 by Banking Guy (anonymous) posted on
Banking Guy
I've been told that PenFed's board of directors meets Tuesday and will vote on most of the rates for January. Hopefully, we'll be able to get an idea of January rates late Tuesday or Wednesday. I doubt they'll be 6%+ this time, but let's hope for rates well over 5%.

1
Comment #38 by Anonymous posted on
Anonymous
GuarantyBank has a $100 bonus until 12/31. Open a Free & Easy Checking account with direct deposit and preferred billpay. Reading the fine-print, it's actually 2 $50 bonuses. Happy Holidays!

1
Comment #39 by mrthnman (anonymous) posted on
mrthnman
GE interest plus just cut their interest rate .25% , the rate for 50k+ is now 4.91%

1
Comment #40 by Kate (anonymous) posted on
Kate
About FISN: Yes, it's callable up to 15 years, but non-callable for a year. 8% for a year is quite good nonetheless. I've never dealt with FISN and also want to make sure it's legit before investing given the $25,000 minimum opening balance! Anyone out there with more info/experiences?

1
Comment #41 by ShraZZy (anonymous) posted on
ShraZZy
emigrantdirect now 4.65%

1
Comment #42 by Duck (anonymous) posted on
Duck
Update to 5:42 AM, December 04, 2007 Duck said... I finally called Patriot Bank yesterday at 1(888)400-7175 and talked to a CSR I was informed anyone that took one of those 6m 6% cd from them back in June is eligble for either the 5m or 8m at 5.5% and is able to add to the cd(up to 100k total) at time of renewal. Sorry took so long with Christmas too much to do Thanks Banking Guy

1
Comment #43 by Anonymous posted on
Anonymous
I hope the Penfed give us new the 2 and 3 years CD rates. Does anyone have any comment about the LA financial CU 13 months CD rates? Thanks.

1
Comment #44 by ShraZZy (anonymous) posted on
ShraZZy
Grand Yield Direct 4.90% from 5%

1
Comment #45 by Anonymous posted on
Anonymous
Salem Five Direct eOne checking account rates dropped today:

0-9,999: 4.10%
10,000-24,999: 4.20%
25,000-99,999: 4.30%
100,000-999,999: 4.60%
>1,000,000: 0.50%

1
Comment #46 by PiZtoL (anonymous) posted on
PiZtoL
HSBC is now 4.25% APY

Countrywide's SavingsLink and CDs are looking more attractive every coming day.

1
Comment #47 by Anonymous posted on
Anonymous
Free iPod Shuffle for opening a Chase Free Checking Account. Looks like Illinois and a couple Indiana counties only.

1
Comment #48 by Anonymous posted on
Anonymous
Member Choice CU still offers 6.01% reward checking.

I closed SBoT to open at MCCU.

1
Comment #49 by Andrew01234 (anonymous) posted on
Andrew01234
ING cafes are giving away a free beverage of your choice at their cafes in most major cities. Download the coupon from the ING Direct site. Click on the cafes link.

1
Comment #50 by Goldie (anonymous) posted on
Goldie
Merry X-mas everyone

1
Comment #51 by Banking Guy (anonymous) posted on
Banking Guy
Thanks everyone for your comments. Merry Christmas and Happy Holidays.

1
Comment #52 by mrthnman (anonymous) posted on
mrthnman
5 month 5% online CD at Lasallebank.com

1
Comment #53 by Anonymous posted on
Anonymous
penfed now has 5.25 for their 7 year, and 5% on 5 years. Looks like the grinch stole christmas this year, they must have made too got too much money in october.

1
Comment #54 by Anonymous posted on
Anonymous
Brick and morter banks may offer competitive rates (even if unadvertised online.) Bank of America advertises online CD; a 4-month High Yield CD @ 5.10%apy (vary by state & $5k min).

1
Comment #55 by Anonymous posted on
Anonymous
M/A-COM just dropped the cap on their rewards checking to $25K effective 1/1/2008.

At least you continue to get 6% APY on balances up to $25.

I think this is a better than what SBT did. At 5.01% APY, it just isn't worth all the activity requirements.

1
Comment #56 by Anonymous posted on
Anonymous
InvesTex Credit Union is offering a 5 year 5.48% APY (min $50,000) share certificate. Rates for other terms and minimum balances are also competitive. Membership is limited to those who live and work near Houston, TX.

1
Comment #57 by Anonymous posted on
Anonymous
Corus has dropped .01% to 5.11%

1
Comment #58 by Anonymous posted on
Anonymous
5.5% Rewards Checking at Heartland CU, Madison WI

https://www.heartlandcu.org/rewards/index.asp

1
Comment #59 by Anonymous posted on
Anonymous
6.01% rewards checking burlington wisconsin

http://www.firstbankingcenterrewards.com/

1
Comment #60 by glxpass (anonymous) posted on
glxpass
Not a deal, but a thank-you for all your great posts. I've reported a number of them over on FatWallet Finance, crediting your blog, of course.

Thanks for the great service you perform here, and best wishes for a Happy New Year.

- glxpass

1
Comment #61 by Sree (anonymous) posted on
Sree
Provident Credit Union reduced their Super Rewards checking A/c rate from 6.01% to 5.51%

1
Comment #62 by mrthnman (anonymous) posted on
mrthnman
apple bank www.applebank.com , has 12/24/60 month cd's for 5.02%

1
Comment #63 by Anonymous posted on
Anonymous
Patelco is nowing showing on the NCUA Find a Credit Union search under NCUA # 68579.

1
Comment #64 by grobe (anonymous) posted on
grobe
Countrywide is down to 5.25%

1
Comment #65 by Anonymous posted on
Anonymous
All these banks offering this 6.01 are all being supported by a company named BancVue. Thats why all the offerings are simular and very templatized..

1
Comment #66 by Anonymous posted on
Anonymous
Amboy Direct Premium Savings down to 4.55% (from 4.75%). With only one external-linked account allowed and no external pulls permitted, this account has lost all of its charm.

1
Comment #67 by Kate (anonymous) posted on
Kate
Countrywide's 3 and 6 month CD rates are down to 5.45% :-(

1
Comment #68 by Anonymous posted on
Anonymous
Alpha bank & trust Has 9 months special @ 5.25 %tri

1
Comment #69 by Anonymous posted on
Anonymous
Just opened FNBO direct CD 9 month. Was surprised by this statement.

"We may accelerate the maturity or call this account at our option on any maturity upon 30 days written notice"

1
Comment #70 by Banking Guy (anonymous) posted on
Banking Guy
Thanks for the info. I have more on these FNBO Direct CDs and their call feature at this post.

1
Comment #71 by Anonymous posted on
Anonymous
Key Bank is offering

7 Month CD (25K min) 5.25%
30 Month CD (25K min) 5.50%

1
Comment #72 by Jay S. (anonymous) posted on
Jay S.
Heritage Community Bank in Randolph NJ continues to offer 6.01% on their "rewards Checking" There are stipulations, and it appears that you need to go into the bank to open - but i'm not sure about that. Stipulations include 10 debit card transactions/month, 1 direct deposit, and more - also cap is at $25K.

1
Comment #73 by Anonymous posted on
Anonymous
Washington Mutual is offering a 6.50% savings plan in certain areas. http://www.marketplacelocal.com/portalWeb/portal.aspx?groupid=58&pagename=itemdetails&channelid=9&itemid=55448854&previousPage=browse

1
Comment #74 by Yury (anonymous) posted on
Yury
indymacbank
5.50% APY, 4-month internet only special

yury

1
Comment #75 by Tu (anonymous) posted on
Tu
Interesting article in today's WSJ re: banks' narrowing interest margins.

Link -> http://online.wsj.com/article/SB119975513647973481-email.html

Snip ->

Even though the Federal Reserve has been cutting interest rates, many banks are still offering attractive rates for deposits. A quarterly survey released last week by Citigroup Inc. found that "the competition to raise new deposits" via certificates of deposit and money-market funds "remains intense."

1
Comment #76 by Anonymous posted on
Anonymous
I deposit my check on 12/28/07 in my Bank of America my expression banking ACC and received only one day interest in December; Bank o A said because it earns interest only on collected balance. I asked other small banks about this matter; I was told that I should get interest on ledger balance. Even though, APY is same at both banks, I got only one day interest instead of 3 days of interest. I feel very strange. Interest rate on rate sheet or advertisement does not have any standard for these balance indication?

1
Comment #77 by mrthnman (anonymous) posted on
mrthnman
5.25% 6 or 9 month cd , 5% savings account at Doral Bank.

http://www.doralbankdirect.com/

1
Comment #78 by Cyclone (anonymous) posted on
Cyclone
Wachovia Way-2-Save 5% savings account. Similar to BoA's keep the change, but does full $1 moves, includes online bill pay and auto debits, and has 5% bonus at anniversary.

More info available at
http://www.fatwallet.com/t/52/799201/

1
Comment #79 by Anonymous posted on
Anonymous
Comerica Bank is offering a $200 bonus for opening a business checking account and signing up for an additional service (billpay, credit card, &c). There are rumors of a similar bonus for consumer checking.

1
Comment #80 by Anonymous posted on
Anonymous
Ufb direct Reduces rates again. The advertisement still says 5.22, but you click on the rates it says 5.12, and if you have an account there, it actually shows 5.10%.
I actually noticed that last time when they said it was 5.22% the actual accounts were showing 5.21%. I guess they must use 2 calculators for calcing the apr from the flat interest rate.

1
Comment #81 by Anonymous posted on
Anonymous
traditionbank.com advertised its Gold Star checking in the Houston Chronicle recently.

1
Comment #82 by Anonymous posted on
Anonymous
B of A Defenders of Wildlife MMA is down from around 4.74% last week to 4.41% on balances of $50k or more.

1
Comment #83 by Anonymous posted on
Anonymous
Banking Guy, any word on Pen Fed posting higher rates. History shows they always do first Quarter of the year.

1
Comment #84 by Anonymous posted on
Anonymous
First Entertainment Credit Union has 5.05% for 6,7,8 or 9 month term certificates. It's not great, but I got certificates from them last year when they had 6% and 5.6% (sigh) and they were easy to deal with and pleasant. And their mailings (oriented towards entertainment professionals in Hollywood) are very cheerful!

1
Comment #85 by Anonymous posted on
Anonymous
Emigrant Direct drops rate to 5.55%apy.

1
Comment #86 by Anonymous posted on
Anonymous
Sorry Emigrant drops rate to 4.55%.

1
Comment #87 by Scott (anonymous) posted on
Scott
Emigrant and its offspring, Banco Fortuna, dropped their rates to 4.55%. Looks like ING Direct also cut the rates on their CDs as well. A very sad time...

1
Comment #88 by Al (anonymous) posted on
Al
ING is running another contest. Enroll for automatic deposits of at least $100/mo now through July and you will be entered in a monthly drawing. Five monthly prizes of $1000 and one grand prize of $30,000. If you don't care for ING's interest rate, I see nothing in the contest rules that says you can't transfer that money right back out again . . .

1
Comment #89 by Anonymous posted on
Anonymous
In a Wachovia ad (1/10/08 Houston Chronicle A13), the '5.05% 5m CD with checking' now has the following fineprint: "Former World Savings customers are excluded from checking requirement".

1
Comment #90 by Bozo (anonymous) posted on
Bozo
To: Banking Guy and All
Re: Heads up on KeyDirect

I just got off the phone with "Adam", a CSR at KeyDirect. He said the response to the 10 year - 5.75% APY offer has been very good, and that the group that sets rates will be meeting very soon to adjust rates accordingly (read: look out below).

KeyDirect has a "postmark" rule for deposits, so if you mail a check, the rate and term in effect at the date of the postmark is the rate and term you will receive. This also applies to overnight or express mail (FedEx/UPS/USPS).

If you are funding a trustee-to-trustee transfer of an IRA, their New York IRA center will NOT accept an incoming wire transfer, so use overnight mail. I don't know about ACH, but be advised.

Yours,

Bozo

1
Comment #91 by Anonymous posted on
Anonymous
B of A Defenders of Wildlife MMA rate on balances of $50k or more, which was 4.41% just 2 days ago (1/9/08), has fallen again to 4.21% as of today (1/11/08). Time to go elsewhere.

1
Comment #92 by Laurie (anonymous) posted on
Laurie
Hi Banking Guy!
Patriots Federal Credit Union in Southern California that you reported on December 19 is still offering the "Pot of Gold" new member special certificates. My husband and I opened one each yesterday in the Aliso Viejo office. Fast and easy sign-up. There are three offers...you can choose only one

7 month/$10,000/5.75%

9 month/$7500/6.81%

15 month/$2500/7.88%

Must deposit $25 into savings and $75 into checking. $10 membership fee is waived. You can still bump your rate up .50% with direct deposit.

Thanks again for all your great leads! Laurie:)

1
Comment #93 by Banking Guy (anonymous) posted on
Banking Guy
Thanks everyone for your comments.

Laurie, Thanks for the update. Glad to see that promo is still available. I've updated that post and added your comments.

1
Comment #94 by Anonymous posted on
Anonymous
Countrywide rates for 3 and 6 months are down to 5.25, and Indymac 4 month special is back to 5.4 APY.

1
Comment #95 by Anonymous posted on
Anonymous
Flagstar's rate dropped to 4.80% APY

1
Comment #96 by Rattling The Kettle (anonymous) posted on
Rattling The Kettle
Just got a letter in the mail from WaMu offering a $75 bonus for opening a Free Checking account by 2/16/08. Looks like $1 minimum deposit, no DD requirement, and you need to keep the account open for 12 weeks to get the bonus.

1
Comment #97 by Anonymous posted on
Anonymous
GMAC Bank might be getting ready to lower their rates because their homepage has a blank APY.

1
Comment #98 by Anonymous posted on
Anonymous
National City Bank just began offering today a 25-29 mo. CD with an APY of 5.0%. This is an unadvertised special and not sure of the min, but the quote was for $30k.

1
Comment #99 by Mitch (anonymous) posted on
Mitch
As of this evening (01/14/08), Doral Direct appears to be the only bank offering an APR of over 5% on a one-year CD; the bank's web site indicates the current rate as 5.02%.

1
Comment #100 by Anonymous posted on
Anonymous
Banking Guy.....Logging on to my FNOB savings account today, I noticed an offer for a 9 month CD at 5.25 apr with a minimum of $500. No max. It doesnt show up on the website, only when you log on to your account. I signed up for 3 separate CD's. No problems. Not bad in these times. rod

1
Comment #101 by Scott (anonymous) posted on
Scott
ING Direct is at it again, slashing their CD rates to 4.5% (60 month). Very depressing...

1
Comment #102 by Anonymous posted on
Anonymous
Just read on FatWallet about Alliant Credit Union offering 5.40% on amounts over 25K. Are you familiar with them. Sounds like a good deal. 24 months may be the way to go at this time.

1
Comment #103 by Banking Guy (anonymous) posted on
Banking Guy
Thanks. I've posted on this Alliant CU deal on Jan 5th. Here's the link to the Alliant CD deal.

24 months is a reasonable time frame. I doubt we'll see rates higher than they are now before then.

1
Comment #104 by Anonymous posted on
Anonymous
ufbdirect drops again to 5% :(

1
Comment #105 by mthnman (anonymous) posted on
mthnman
wamu is offering a 7 month cd with an add on feature at 5.10% , valid in AZ,CO,CT,FL,GA,ID,NV,NY,NJ,TX,UT.

CALL 1-866-808-1396 FOR MORE INFO.

1
Comment #106 by Anonymous posted on
Anonymous
Although this probably happened at the New Year, I just saw this. ING has cleared all referrals, so that even if you reached the maximum 25 before, you can now refer again. My account says that you can refer up to 50 people ($500), although that may be 25 people for the Savings Account and 25 for the Electric Orange Account (since I have both).

I know that will make some people mad here (since they've slashed CD rates) but I thought it was worth noticing. Bank Deals Guy, I know yours were maxed out before so this might be good for you!

1
Comment #107 by Anonymous posted on
Anonymous
Los Angeles Federal Credit Union offering 5.30%APY on 6-11 month CD with deposit of 100K.

1
Comment #108 by Anonymous posted on
Anonymous
telecom credit union (michigan), offering 61 month 5.25 apy, anyone can join.

1
Comment #109 by Anonymous posted on
Anonymous
countrywide down to 5% APY

1
Comment #110 by Anonymous posted on
Anonymous
Bank Guy,
what about current members of alliant credit union that opened accounts using my points? Will they close our current accounts?
or what?

1
Comment #111 by Anonymous posted on
Anonymous
etrade CDs took a huge hit; only their 6-month term is over 4% now! More rate cuts at etrade to follow?

1
Comment #112 by Anonymous posted on
Anonymous
FNBO

9-month CD was 5.25%APY

now...
9-month ?4.26%APY

1
Comment #113 by Anonymous posted on
Anonymous
Down-Down-Down

B of A Defenders of Wildlife MMA rate on balances of $50k or more has fallen for the third time in the past two weeks -- now from 4.21% to 3.81% as of today
(1/18/08).

1
Comment #114 by Bozo (anonymous) posted on
Bozo
Lest I be accused of being a "****" for KeyDirect, I assure you I am not. However, I might note that it's hard to find any rates for a "longish" CD ladder above 5%, much less 5.5%. For those of you who are seeking to replace or fill years 7 - 10 (as I recently did), you might check out KeyDirect. Their rates for smallish CDs at shorter terms aren't that great (whose are, these days?), but for a few more bucks at longer terms, hey, it's worth looking at.

Just my $.02.

Yours,

Bozo

My motto: anything over 5% is a gift.

1
Comment #115 by Anonymous posted on
Anonymous
doral direct cds are down to 4.75 apy

1
Comment #116 by Anonymous posted on
Anonymous
OneUnited - 5.30% (min $1K), account review anything more current?

1
Comment #117 by Anonymous posted on
Anonymous
Looks like this bank used to be called "Evergreen Community Bank". The rates are good. But why is the FDIC insurance only up to 50k? What is the CDARS program?

http://www.evergreenprivatebank.com/rates.cfm

1
Comment #118 by Anonymous posted on
Anonymous
sorry. I read it wrong. It looks like the FDIC insurance is up to 50,000,000.

1
Comment #119 by Anonymous posted on
Anonymous
countrywide local rates are higher than internet, strangely. 3/6 months is 5 apy now.

1
Comment #120 by scott (anonymous) posted on
scott
Indymac 4 month down to 4.10%, They have brought the 7 month up to 5.15%

1
Comment #121 by Anonymous posted on
Anonymous
Alliant Credit Union will be automatically enrolling all members under mypoints to the national PTA and paying the first year membership fee for us.

1
Comment #122 by Anonymous posted on
Anonymous
What exactly is "my points" in reference to Alliant Credit Union. I don't understand. I would like to join this CU. Thanks anyone for a response.

1
Comment #123 by Banking Guy (anonymous) posted on
Banking Guy
Please refer to this Alliant Credit Union post for more info on this MyPoints issue.

1
Comment #124 by Growingdividend (anonymous) posted on
Growingdividend
Sharebuilder has a $50 account opening bonus:

http://content.sharebuilder.com/mgdcon/jump/Web/welcome/trading/index.htm

I did a review on this bonus at my blog:
http://dividendgrowth.blogspot.com/2008/01/50-sharebuilder-account-opening-bonus.html

1
Comment #125 by Bozo (anonymous) posted on
Bozo
To: Banking Guy and All
Re: KeyDirect rates

It appears that KeyDirect's website indicates a 20 basis point rate reduction in their 10 year CD, while the drop-down menu does not. I strongly advise you call KeyDirect to confirm their rate before sending that money, and also confirm the "postmark" rule regarding terms and rates.

All in all, given the Fed's action this morning, a 20 basis point reduction would seem a hiccup.

Just my speculation, but KEY (the stock ticker for KeyCorp, KeyBank and KeyDirect's parent), shot up today on speculation of a Bank of America takeover. That might explain why KeyDirect and KeyBank were so boistrous of late in offering such high yields on CDs (ala Countrywide). It does tend to increase the cash on hand in a takeover.

If the speculation pans out, you can expect KeyDirect and KeyBank to slash rates, as Countrywide has. No more need to raise cash and pump up the assets, as it were.

Just my $.02.

Yours,

Bozo

1
Comment #126 by Anonymous posted on
Anonymous
FNBO has removed their CD's from their website. No link anymore.

1
Comment #127 by Ben (anonymous) posted on
Ben
I'm sure you're going to get a slew of these, but ING Direct has dropped their OSA's rate to 3.65% and E*Trade Bank has dropped their Complete Savings rate to 4.4%. Thought I'd let you know. Thanks.

1
Comment #128 by Anonymous posted on
Anonymous
ING Direct has dropped their minimum Electric Orange rate to 2.5%.

1
Comment #129 by Anonymous posted on
Anonymous
SalemFive Direct also dropped their rates. The tiers are 3.65%, 3.75%, 3.85% and 4.10%.

Sad.

1
Comment #130 by Anonymous posted on
Anonymous
LA Federal Credit Union still listing 5.30 APY (as of today) on deposits of $100K 6 - 11 mo.

1
Comment #131 by Sree (anonymous) posted on
Sree
Not a good news :

US rates 'heading for 2.5% by the spring'

http://business.scotsman.com/business/US-rates-39heading-for-2537.3699634.jp

Just parked huge balance @5% for 16 months.. cant expect better as days goes on

1
Comment #132 by Anonymous posted on
Anonymous
iGoBanking has also dropped their rates. Current APY is 4.5%

1
Comment #133 by Anonymous posted on
Anonymous
I called CSR at Superior savings. They've been advertising 5.25%APY 7mongh cd all the time. I think, the best deal is: They also have 13 month cd for 5.25%APY. Lock the rate based on post mark date and within 14 days of postmarkdate you can fund the cd.
-Ram

1
Comment #134 by Anonymous posted on
Anonymous
Interesting site for helping to research credit unions.

credituniondirectory.net

1
Comment #135 by Anonymous posted on
Anonymous
First Arkansas rewards checking will be bringing down rates(no surprise, after all) from 1st. Wonder how much down.

1
Comment #136 by Anonymous posted on
Anonymous
eBank dropped all their CD rates to 4.0% APY

1
Comment #137 by Anonymous posted on
Anonymous
ufbdirect down to 4.5%

1
Comment #138 by Anonymous posted on
Anonymous
Banking Guy,
Just got off the phone with CSR at Alliant CU. Their board met (today?), and it looks like their rates will be changing on the 5.4% 12-24 mo jumbo cds.

FWIW, I tried to purchase jumbo cd online this am, but their "transfer from another institution" (for verified linked external accounts)is not working. IT is working on it. The CSR said the best bet would be to wire the funds (takes 3-5 hours bc it goes thru "corporate" account first? What a pain.

1
Comment #139 by Anonymous posted on
Anonymous
Salem Five just dropped its rate. tiers are now:
0-$9,999 3.65%
$10,000-$24,999 3.75%
$25,000-$99,999 3.85%
$100,000-$999,999 4.10%
$1,000,000 or more 0.50%



http://salemfivedirect.com/

1
Comment #140 by B Wrensch (anonymous) posted on
B Wrensch
Advantis Credit Union in Oregon is still offering their reward type checking account for 6.25% for balances up to $30,000. They haven't changed their rate since I signed up back in October and their website still shows that rate.

1
Comment #141 by Goldie (anonymous) posted on
Goldie
not sure if this is already listed on this site. Bank of America has a promo code AOU260108, for a checking account with a $75 bonus. Offer expires on March 31, 2008.

http://www.bankofamerica.com/promos/jump/uspsmovers/

1
Comment #142 by Bozo (anonymous) posted on
Bozo
To: Banking Guy and All
Re: KeyDirect rate plunge

Yup, KeyDirect's rates just took a nose-dive. The ten year is down to 5%. And my wife wondered why I was so frantic to get 5.75% locked in.

Yours,

Bozo

1
Comment #143 by Anonymous posted on
Anonymous
GMAC going down to 4.25% when they reset tomorrow according to bankrate. Not as bad as some others although I suspect another drop after the next FED cut next week.

1
Comment #144 by Anonymous posted on
Anonymous
Actually I am thinking a lot of the banks are going to wait until after the next Fed meeting before changing their savings account rates since it is such a short time.

1
Comment #145 by Anonymous posted on
Anonymous
It is good idea to re-iterate on 9 month 5.25% APY at Moneyone federal credit union listed at "Local" deals. Though any one can become member by donating $20 and min. $5k (no max mentioned) with one more chance to add later.

1
Comment #146 by Anonymous posted on
Anonymous
I finally could open alliant membership but has to wirein to open the cd but closed today. If the alliant rate will be alive tomorrow, I will wirein to open. Otherwise, I will fund the CD at superior.

1
Comment #147 by Anonymous posted on
Anonymous
Too bad, Alliant jumbo down to 4.9 APY - see under rates. Their home page still shows though. CSR did not budge to give me the cd.

1
Comment #148 by Bozo (anonymous) posted on
Bozo
Alliant's deal is toast. Good luck and happy laddering.

Yours,

Bozo

1
Comment #149 by Anonymous posted on
Anonymous
Can you guys share wisdom - I got exception from alliant for 5/34 12m cd, if i wire in the funds. I am debating, is it worth considering wire charges 30-50 of my bank, if I consider $100,000 to deposit? Either I can do this or do with superior 5.25% that I lock in.
TIA

1
Comment #150 by Banking Guy (anonymous) posted on
Banking Guy
A rough calculation shows that Alliant's 5.40% apy would net you about $150 over Superior Savings' 5.25% apy CD for one year ($100,000 x 0.0015 = $150).

1
Comment #151 by Anonymous posted on
Anonymous
fnbodirect savings down from 5 to 4.3% APY. Very steep.
-Ram

1
Comment #152 by Anonymous posted on
Anonymous
fnbodirect savings down from 5 to 4.3% APY. Very steep.
-Ram

1
Comment #153 by Anonymous posted on
Anonymous
banking guy,
Just letting you know that the 5.25 cd you reported on at FedCom credit union in Michigan on 1/9 seem to have been ended today. I was headed there Monday. :o(

1
Comment #154 by Anonymous posted on
Anonymous
First Bank in select CA (SoCal) cities is offering a free Apple iPod Shuffle when opening any checking account by Mar 1, 2008. (Free Checking account appears to qualify) No min. deposit to open an account. Must establish direct deposit (DD) within 90 days of account opening. Must not have an exisitng personal checking account with First Bank. IPod snail mailed 4-6 weeks after DD verification. Limit one iPod per household/address.

No information if offer is available outside Orange County, CA. Could not find promo at homepage.

Ad from Irvine World News (Jan 24, 2008), but ad can be found in other local newspapers with same date.

1
Comment #155 by Anonymous posted on
Anonymous
Umbrella Bank Pot o Gold Money Market on their home page was updated today, Saturday, and has gone down to 4.02%

1
Comment #156 by djc314 (anonymous) posted on
djc314
countrywide savings link still offering 5% apy in missouri at least

1
Comment #157 by Anonymous posted on
Anonymous
https://www.sccfcu.org/asp/services/service_6.asp

1
Comment #158 by yieldgirl (anonymous) posted on
yieldgirl
There was an ad from PNC in the Washington Post's business section yesterday (January 27th), offering a 4.50% APY 7-month CD with $1000 minimum and a "PNC Performance Checking Account". The bottom of the ad says "visit any branch - Phone 1-877-CALL-PNC". I checked the PNC website this morning and didn't see this mentioned, so I am not sure whether it is still valid.

1
Comment #159 by Anonymous posted on
Anonymous
Emigrant and BancoFortuna down to 4.30% APY today

1
Comment #160 by Anonymous posted on
Anonymous
I am so far impressed with alliant ending with happy story. The lead ok'ed 5.4% apy, though the customer rep refused at first. Wired in funds($22 charge) and rep called me today to open the cd. I opened 4 cds each for $25k between 13-18 months. Thank you, Banking guy and others for helping me clinch the deal. I also opened wamu 7m for $10k. -Ram

1
Comment #161 by Anonymous posted on
Anonymous
WAMU Online Savings now 4.25%.

1
Comment #162 by Roger (anonymous) posted on
Roger
For those in Colorado, Bellco Credit Union still has some nice CD rates. Top rate on regular CDs is 5.05% (see rates). These haven't changed for quite awhile, but may be changing at the beginning of Feb.

1
Comment #163 by Roger (anonymous) posted on
Roger
Also, I meant to mention that Bellco has a "Smart Move" CD that you can add or subtract money, or raise the rate during the term. You can do each of these once during the term. Top rate on this CD is currently 4.70%.

1
Comment #164 by Anonymous posted on
Anonymous
http://www.provident-direct.com/ is still offering 4.5% APY. The rate is effective 11/12/07, though, so it's apparent that they haven't responded to recent rate cuts yet.

1
Comment #165 by Anonymous posted on
Anonymous
City County Credit Union (citycountycu.org) now offers unlimited add-on on all their certificates. This feature makes them very attractive in today's rate environment.

The website quotes only their 'basic' CD rates and does not highlight the add-on feature.

You can actually get considerably higher rates as a 'select' or 'premium' member.

For example, 30 months add-on is 4.4378% APY for select and 4.5940 APY for premium.

Top APY is 4.6982% for 60 months add-on at premium level.

Minimum (without City County credit card) is $10K for select and $30K for premium. Also requires savings and checking accounts, but no service fees or minimums while your CD is open.

1
Comment #166 by Anonymous posted on
Anonymous
Southern Community Bank and Trust(North Carolina) Recently started a REward Checking Account called ME Paying %6.00 Same usual requirements 10 debit, e-statment, one direct deposit or ach debit ..

Don't know if its open to all.

1
Comment #167 by Adam (anonymous) posted on
Adam
revolution money exchange has a $25 sign up bonus https://www.revolutionmoneyexchange.com/Registration/RegStep1.aspx

1
Comment #168 by Anonymous posted on
Anonymous
New round of Rate cuts have started.
iGoBanking is down to 4.20% APY from 4.50%.

1
Comment #169 by Anonymous posted on
Anonymous
ccRemember Presidential Bank?
Rate down to 3.5%, was 4.5%

1
Comment #170 by larkin (anonymous) posted on
larkin
GMAC Money Market Savings going down to 4% even (should post in the AM).

1
Comment #171 by Anonymous posted on
Anonymous
First Arkansas is bringing down rates from 6 to 4.3 APY effective 2/7/08, according to the bank.

1
Comment #172 by Anonymous posted on
Anonymous
UFB Direct down to 4.00%

1
Comment #173 by Anonymous posted on
Anonymous
ING Direct Savings Account is down to 3.40% from 3.65%.

The Electric Orange is also down - 2.25%

1
Comment #174 by grobe (anonymous) posted on
grobe
Countrywide is down to 4.75% over $10,000--and 3% below that.

I find that to be good news as I expected a much greater drop.

1
Comment #175 by Anonymous posted on
Anonymous
Countrywide just raised their 3 & 6 month CD to 4.9%

1
Comment #176 by Anonymous posted on
Anonymous
I tried to open the e-savings account at oneunited, but let me warn you guys that their account opening process literally crawls and it has been over a week and still they are not able to open my account, inspite of me verifying the trial deposits rightaway. Their CSR is atrocious - they have no professionalism, doesn't give any reason why it is taking such a long time, no apology, nothing.

1
Comment #177 by Anonymous posted on
Anonymous
Wescom Credit Union is offering a 7 month 10% APY (min $500 max $1000) at the new Redlands Branch until tomorrow (Sunday).

1
Comment #178 by Anonymous posted on
Anonymous
• 5.00% APY 9-month Church Builder Certificate
• As low as 5.75% APR Auto Loans
• 5.50% APY 7-Month Certificate on $1,000
• 5.00% APY Money Market Account

at Christian Community Credit Union
www.mycccu.com

1
Comment #179 by Anonymous posted on
Anonymous
New 6.01% APY High Yield Checking account at Eastern Financial Florida Credit Union ($25K cap).

Usual reward checking account activity requirements.

Here's a link to the details:
http://www.effcu.org/default.aspx?id=1832

Another option in south Florida is the 6.01% APY Cash Back Checking account from Power Financial Credit Union. The link for this one:
https://www.powerfi.org/site/checking_cashback.html

1
Comment #180 by SSF (anonymous) posted on
SSF
Hadn't seen this anywhere:

First Credit Union Rewards Checking
http://www.firstcu.coop/accounts/rewcheck.htm
Membership open to Arizona residents and their immediate family. Can open account online.
* 6.01% APY, balance from $0.01 to $25,000 if requirements are met
* ATM fee refunds up to $25 per qualifying cycle (can use any ATM nationwide)
* $5 minimum balance in a savings account required for membership
* Standard reward checking requirements (eStatement, 12 uses of debit card, log in to website, have direct deposit/withdrawal).

1
Comment #181 by Anonymous posted on
Anonymous
Get More BANG For Your Buck!
4.75% APY
7 Month Liquid Certificate
with as little as $500!

http://www.southlandcu.org/rates/deposit.html

1
Comment #182 by PNS2CLT (anonymous) posted on
PNS2CLT
Monroe Bank & Trust has a 6.01% APY reward checking account that also refunds ATM fees from other banks. You may be able to qualify even if you don't live within their footprint (lower SE Mich).

1
Comment #183 by PNS2CLT (anonymous) posted on
PNS2CLT
I forgot to include the link...

http://www.mbandt.com/MBTWeb/Personal+Banking/Checking/MBT+Performance+Checking.htm

1
Comment #184 by Anonymous posted on
Anonymous
Blue Ridge has a special for 1 yr 5.05 APY

http://www.blueridgesavings.com/site/rates.html

1
Comment #185 by Anonymous posted on
Anonymous
Wachovia Way2Save is being advertised now here in south Florida.

My take ... it's Way2Hard to bother with.

1
Comment #186 by Anonymous posted on
Anonymous
Savingssquare.com still has their online savings account at 4.2%

1
Comment #187 by Anonymous posted on
Anonymous
One United down to 5.15% APY

1
Comment #188 by Curtis (anonymous) posted on
Curtis
I just got an e-mail from AmTrust Direct about a $25 bonus for setting up an automated $100 per-month transfer for 3 months using their "Save Up" plan. Odd thing is, the fine print in the e-mail refers to both a $25 and a $50 bonus:

"1Conditions for $25 cash bonus: Minimum automatic deposit totaling $100 each month for three (3) consecutive months using the Amtrust Bank Smart Save-up plan. The $50 cash bonus will be credited to your AmTrust Direct e-Savings or e-MoneyMarket account within 30 days after the closing date for the statement cycle in which you make your third $100 deposit. All requirements for the automated deposit transactions must be completed by May 31, 2008. Certain offers may not be combined. Limit one $50 cash bonus per household."

Looks like you can also sign up for a new account and do the Save Up plan to get the extra $25 (or $50...) bonus. I'm doing this deal either way, since I already transfer at least $100 to my AmTrust account each month anyway.

1
Comment #189 by Anonymous posted on
Anonymous
Hi bankingGuy got a ? what is up with Mint.com have you tried it does it keep cd's up to date as well as keeping track of savings and Ccard It pops up on this page when I go to see if anyone has posted anything useful. I did go and looked at it but little weary of giving something/someone my info to all my diffrent accounts or if they get hacked somehow they get it all not just one or the other Thanks

1
Comment #190 by Anonymous posted on
Anonymous
Banking Guy ...

Thanks so much for your excellent service. I've been sending you deals from here in south Florida.

I think readers better grab CD's ASAP. It's a good idea for readers to look for add-on certificates.

The ISM services number that came out this morning was pretty bad. Here's the market reaction:

Traders see a 92 percent chance the Fed will cut its benchmark rate by 50 basis points to 2.50 percent by its March 18 meeting, futures on the Chicago Board of Trade show. The likelihood increased from 68 percent yesterday. The remaining bets are for a 25 basis-point reduction.

1
Comment #191 by Anonymous posted on
Anonymous
*HSBC Direct

1
Comment #192 by Anonymous posted on
Anonymous
hsbc did another painful rate cut.

3.55% APY

1
Comment #193 by larkin (anonymous) posted on
larkin
American Partners Bank in the DC area is offering a money market for 4.71%. It requires a $1000 minimum balance. You can open on-line. First round of checks are free and they reimburse ATM fees. No mention of ACH capabilities.

1
Comment #194 by Anonymous posted on
Anonymous
WTDirect is offering 4.90% on a high yield savings account. Here is a special link I got through Motley Fool site: http://www.wtdirect.com/savings-media245/index.html?promo=WTF3IB&utm_source=IB&utm_campaign=text_Q108&utm_medium=text&utm_extra=dim1/motleyfool

1
Comment #195 by Banking Guy (anonymous) posted on
Banking Guy
larkin, thanks for the info. I just called American Partners Bank to find out more info, and I was informed that this is being cut to 4.00% APY today. Nevertheless, it's still a competitive money market account. I'll do a post on this account this week.

About WTDirect, I believe that links to an old page. The latest WTDirect yield appears to be 4.15% APY. Note the small print on that page states "APY is variable and is effective as of 11/17/2007 and may change at any time."

1
Comment #196 by Anonymous posted on
Anonymous
Chase has a $200 bonus for opening a business checking account with a $500 deposit. Since anyone can get a tax ID number for free from the IRS, anyone can have a business and qualify for this account.

http://www.chase.com/ccp/index.jsp?pg_name=ccpmapp/smallbusiness/shared/page/business_checking_offer2

It does appear that this offer requires a branch visit.

1
Comment #197 by grobe (anonymous) posted on
grobe
GE Interest Plus has dropped its 50K rate to 4.05% (with a 4.13% APY). The 15K to 50K rate is 3.90% (3.97%APY) and the less than 15K rate is 3.75% (3.82% APY)

1
Comment #198 by Anonymous posted on
Anonymous
How about checking on the 5.15% APY MMA at Luther Burbank Savings Bank for us as mentioned here:
http://www.fatwallet.com/t/52/807041/

1
Comment #199 by Anonymous posted on
Anonymous
FNBO now down to 3.85%. Just got the email.

1
Comment #200 by larkin (anonymous) posted on
larkin
GMAC going down to 3.5%.

1
Comment #201 by Mike (anonymous) posted on
Mike
Lake Michigan Credit Union is still doing their Max Checking at 5%.

http://www.lmcu.org/max-checking/max.html

1
Comment #202 by Anonymous posted on
Anonymous
I have good feedback so far on Superiorsavings. I sent applications for CDs 14 days ago. I did ACH to pull from my local bank to fnbo and fnbo to superior. It took 6 days to complete b today. I called them today and she gladly opened the cd for 13 months.

1
Comment #203 by Anonymous posted on
Anonymous
Forgot to mention that it was 5.25 apy 13 month at superior savings.

1
Comment #204 by Anonymous posted on
Anonymous
Amboy Direct has New Jersey new client special - 5.50% for 3 months.

1
Comment #205 by Anonymous posted on
Anonymous
New Frontier Bank (NFB) of Longmont Colorado is offering a 12 month CD at 5.30% APY. Their web address is: www.newfrontierbank.com
2/8/08

1
Comment #206 by Anonymous posted on
Anonymous
Hawaii Schools FCU (http://www.hawaiischoolsfcu.org) has a 12-month CD special for members with an active checking account. 7.00% APY with 1K maximum deposit.

1
Comment #207 by Dan The Man (anonymous) posted on
Dan The Man
Has anyone had any experience with Excel National Bank (www.bankexcel.com).They offer a 1 year CD at 4.00%,minumum $10,000. Not many 1 yr. CD's at 4% or above these days

1
Comment #208 by Bozo (anonymous) posted on
Bozo
To: All

Re: New Frontier's awesome deal

Folks, this CD has really slipped under the radar. Thanks to the poster who mentioned this. 5.3% APY for a year? Not much better out there, trust me.

Yours,

Bozo

1
Comment #209 by SVG (anonymous) posted on
SVG
 

Banking Guy,

Provident CU is offering 5% APY for 60 month IRA certificate, provided if certain conditions are met.

See link ===>

http://providentcu.org/
index.asp?i=news&url=Whats
HotFrames/NewsFrames
/February08
/60moIRAbonus.asp

- SVG

 

1
Comment #210 by Anonymous posted on
Anonymous
I was alerted to this credit union (Michigan Schools and Government Credit Union) and these superb rates in the sunday Detroit Free Press: 4.40% APY 6 month CD and 4.45% APY 1 year CD. More good deals on their website.
http://www.msgcu.org/products/invest_cd.aspx

Bruce Davidson

1
Comment #211 by Anonymous posted on
Anonymous
Frontier Bank in Longmont Colorado requires Instate Money Only according to their website.

1
Comment #212 by Anonymous posted on
Anonymous
eBank web site hacked! If you go to www.ebank.com - you will see their homepage and then be randomly forwarded to other web sites. Scary...

1
Comment #213 by Anonymous posted on
Anonymous
Christian Community Credit Union (MYCCCU.COM) has some rates in the 5s

• 5.00% APY 9-month Church Builder Certificate
• 5.50% APY 7-Month Certificate on $1,000
• 5.00% APY Money Market Account
• $50 Bonus on Interest Checking Account

-- easy membership

1
Comment #214 by larkin (anonymous) posted on
larkin
Bankrate listing E*Trade Savings at 4.10%. Probably goes into effect tomorrow.

1
Comment #215 by Bill (anonymous) posted on
Bill
Zopa https://us.zopa.com/az/about_rates.aspx

4.25% on cds, min $500, seems its insured through some credit unions. Very interesting concept, simular to prosper, but from what i see, 0 Risk.

1
Comment #216 by Daysha (anonymous) posted on
Daysha
Local Only: in Iowa
University of Iowa Community Credit Union (www.uiccu.org) if offering 6.01% reward checking. Membership limited to those living or working in the surrounding counties.

Free first box of checks. Same requirements as most: online statements only, 12 "credit" atm card transactions, 1 ACH credit.

Up to $50,000. Must open a share shavings account ($5 minimum) and must contribute $1 to the CU.

1
Comment #217 by Anonymous posted on
Anonymous
Wachovia E-mail...

We’ll Even Pay You To Do It—Up To $300. Here’s How It Works:

Sign up for Way2Save!
(and any Wachovia Free Checking account) and start saving. We’ll transfer $1 from your checking account into your Way2Save account when you:
• Use your Wachovia Check Card to make purchases
• Pay a bill online, including through Online Banking with BillPay2
• Set up automatic debits

Get paid to save.
Receive up to $300 the first year with a:
• 5.00% Annual Percentage Yield (APY)3
• 5.00% first year bonus

Save even more.
Set up automatic, recurring transfers up to $100 to the account every month for even more savings and added interest.

Sound like a good idea?



Learn more by reading the Way2Save Agreement.




1 Customers enrolled in the program earn a 5 percent annual bonus in year one, up to $300, and a 2 percent annual bonus in years two and three, up to $300. Bonuses are calculated on an annual basis for the first three years on eligible balances. The eligible balance is equal to the savings contributions for the current year (i.e., the sum of the $1 transfers and up to $1,200 of the recurring transfers) or the Way2Save account balance, whichever is less.

2 Excludes online payments that post to your account as paper checks.

3 The Way2Save account is a variable rate account and the rate is subject to change after account opening. Fees may reduce earnings.

Way2Save is a service mark of Wachovia Corporation. Patent pending. Account subject to approval.

© 2008 Wachovia Corporation. Wachovia Bank, N.A. and Wachovia Bank of Delaware, N.A. are Members FDIC.

1
Comment #218 by Anonymous posted on
Anonymous
Mentioned in the FatWallet Finance Forum thread "Rewards Checking Accounts" Southern Community Bank & Trust 6.0% rewards checking account. BankRate gives them 3 stars and a safe-and-sound rating of 3. Anyone know any more about them? I couldn't find a list of rates for other accounts on their web site.

1
Comment #220 by Anonymous posted on
Anonymous
Sun Cities Financial Group (Advertised yesterday in the local Arizona Republic newspaper) has a 4.95 APY 6 month CD.

I read the information on your site about brokerage CDs and they don't sound too bad. I still haven't been able to find out if they do a hard credit pull (and may not be able to).

1
Comment #221 by Anonymous posted on
Anonymous
Advantis (an 11 county NW Oregon Credit Union) continues to have Great CD's and reward type checking accounts. Their 22 month bump Cd is tiered with rates up to 5.1% and the 13 mth bump CD is tiered up to 4.9%, The reward checking just keeps holding at 6.25% They are rated 5 stars on Bauer Financial and 4 stars at Bankrate.

https://www.advantiscu.org/pages/rates.html#savings

1
Comment #222 by larkin (anonymous) posted on
larkin
WT Direct now 4.01%.

1
Comment #223 by Anonymous posted on
Anonymous
iGObanking.com just dropped to 4.05% (down from 4.20%).

1
Comment #224 by Anonymous posted on
Anonymous
$100 bonus for opening free checking account:
http://www.soundcu.com/checking/

membership: WA State

need to either do a DD or active transcations.

I called and asked, 'active transcations' mean I should USE the account, like bill pay or dep/withdrawal each month

1
Comment #225 by Anonymous posted on
Anonymous
Just a reminder:
Air Academy FCU's 5% APY 12mo CD ends tomorrow. Min $500. Funding required by 2/22/08.

FWIW: The CU states new money but they will allow funding from the 6% Max Checking reward account.

1
Comment #226 by grobe (anonymous) posted on
grobe
Countrywide is down to 4.50%

1
Comment #227 by Anonymous posted on
Anonymous
Wamu online savings down to 4% (from 4.25%)

1
Comment #228 by Anonymous posted on
Anonymous
Bank of sierra has 3 month 5.13% CD

It is called their Whitmore CD...


http://www.bankofthesierra.com/

1
Comment #229 by Anonymous posted on
Anonymous
California Pacific Federal Credit Union offers 3 months certificate with 5.55% APY.
http://www.calpacfcu.org/asp/products/product_2_2.asp

California Pacific FCU has a Share Certificate offer that you won't be able to refuse. If you haven't noticed rates are falling, so you better hurry, because a rate this good is almost too good to be true and certainly won't last forever.

Minimum Deposit: $1,000.00

Term: 3 months

1
Comment #230 by Anonymous posted on
Anonymous
This might not be that useful, but iGObanking.com customers should get a $50 gift certificate to 1-800-flowers.com. There seems to be no strings attached. Mine was in my spam filter, so if you're a customer and haven't received the notice yet, check there.

Definitely a nice surprise!

1
Comment #231 by Anonymous posted on
Anonymous
Found this on fatwallet:

Added another nationally available 6.01%, 25K cap Reward Checking account to the Quick Summary. One nice thing is that balances above 25K (assuming you meet the requirements) earn 3.0% APY.

First New England Federal Credit Union - Rewards Checking
- 6.01% APY on balances up to $25,000.
- 3.00% APY on balances beyond the first $25,000.
- ATM REFUNDS: Yes, we mean it. Use any ATM, anywhere on the planet, and we’ll refund the fee (if you meet the below requirements).
- 12 Cleared debit card transactions per statement cycle. (Excludes ATM transactions.)
- 1 Direct Deposit or an automatic debit per statement cycle.
- Enroll in eServices. eServices includes eStatements, eNEWS, and Homebanking with valid email address. Home banking is free.
- If requirements not met, APY falls to 0.10%, and no ATM rebates for statement cycle.
- No minimum balance required.
You are eligible to join the FNEFCU if you join the Friends of Lucy Welles Robbins Library, $12/year for a single membership. You can join this organization as part of the application process for FNEFCU. You must also open a savings account with a $10 minimum balance.

1
Comment #232 by Banking Guy (anonymous) posted on
Banking Guy
Thanks for the info on First New England FCU. I actually did a post on this reward checking account in January (see post).

It's a small credit union so I was a little hestitant to say it's available nationwide. But they do have an online application with easy membership. I've just sent an email to make sure they don't require you to come into a branch.

1
Comment #233 by djc314 (anonymous) posted on
djc314
EXPIRED WEEKS AGO...PER BANK TODAY

Bank of sierra has 3 month 5.13% CD
It is called their Whitmore CD...
http://www.bankofthesierra.com/
10:13 AM, February 18, 2008

1
Comment #234 by Anonymous posted on
Anonymous
The Bank of Greene County (not a credit union) has eSavings and eChecking for a 5% APY. First checks are free. There is a cap of 1,000. each acct so you can keep your pocket money there at a good rate. Hudson Valley in NY, quite a few branches. Also a free DVD player with some reward acct.

1
Comment #235 by Anonymous posted on
Anonymous
iGObanking.com down to 3.90%.

1
Comment #236 by bellesalladay (anonymous) posted on
bellesalladay
Indymac Bank has a 4 month CD starting today @ 4.45%.

1
Comment #237 by Anonymous posted on
Anonymous
The field of membership is limited, but eligible Hawaiians should find this useful:

The KalaRewards Checking account from Aloha Pacific Federal Credit Union pays members 5.00% annual percentage yield (apy) on balances up to $50,000 when they have a Home Equity Line of Credit or 4.00% without a credit line. Monthly activities are required to earn the yield.

(from eMoneyCentral)

1
Comment #238 by Anonymous posted on
Anonymous
Does anybody have any input on these Premium CD's which earn from 6-8.25% APY?? http://www.mlnbank.com/EN/services/premcds.htm
Seems like a good deal, but what are the risks?

1
Comment #239 by Anonymous posted on
Anonymous
Carver State Bank
Savannah , GA is offering a CD for
5.490% APY Min $500 for 60 mos.
www.carverstatebank.com
(912) 233-9971

I believe they only accept local funds.

1
Comment #240 by Anonymous posted on
Anonymous
My roommate received an invitation from WaMu, offering $75 gift check for opening a Free Checking account.

I'm not sure if this is for everyone, but for $75, it's worth a try.

url: free.wamu.com
promo code: 0648-ACJK-0028

Expired: March 29, 2008

1
Comment #241 by Dan The Man (anonymous) posted on
Dan The Man
www.triboro-fcu.org has some new Share Certicates (CD's). I reported on this FCU last July and August '07
Mths. Rate
7 - 4.30%
11 - 4.00%
17 - 4.50%
21 - 4.60%
Min. Deposit $2500. They have been in business since 1935. I bought two CD's last year when rates were
5.50 and 5.60%

1
Comment #242 by Anonymous posted on
Anonymous
Banking Guy:

I just received a notice from Cap One. Apparently, they have bought/merged with Superior Bank of New England. Effective 3/10/2008, your SSNE account will be auto-transfered to CapOne.

Too bad. SSNE used to have very nice rates. CapOne, not so much.

1
Comment #243 by Anonymous posted on
Anonymous
Third Federal S&L offering a 55-month CD at 4.5%, apparently with no special conditions. Offer appeared in the Palm Beach Post on 2/26/08.

1
Comment #244 by Tu (anonymous) posted on
Tu
From WSJ "Real Time Economics" --

FDIC Classifies ‘Problem’ Banks

The FDIC classified 76 banks as “problem” institutions for the fourth quarter of 2007, up from 65 in the third quarter, showing that a growing number of financial institutions are under strain.

“Problem” institutions are those under closer regulatory scrutiny, as the banks are more likely to have weak capital cushions to prevent against failure. The FDIC never identifies which institutions are on the list, as it could lead customers to rapidly withdraw funds from the bank.

The 76 “problem” institutions had combined assets of $22.2 billion, the FDIC said. Federal bank regulators have said they expect to see more bank failures in the future. –Damian Paletta

http://blogs.wsj.com/economics/2008/02/26/fdic-classifies-problem-banks/


Related article: FDIC Readies for Bank Failures

http://online.wsj.com/article/SB120398607404892133.html

1
Comment #245 by Anonymous posted on
Anonymous
Pinnacle FCU offering a 5.01% APY Rate Rewards checking account. Up to $25 ATM surcharge refunds when requirements are met. There are 4 requirements:

1. A minimum of 1 ACH Debit or 1 Direct Deposit Per Month
2. A minimum of 10 (ten) Point-of-Sale Debit Card transactions per month (PIN or Signature based).
3. Receive online statement
4. At least 1 time log in to the online account per cycle.

It's advertised in their website but doesn't mention the rate. It is NJ based. Find their locations at www.thinkpinnaclefirst.com

1
Comment #246 by Duck (anonymous) posted on
Duck
Lone Star CU has some attractive cd rates at this time they are located in Texas there is .25% bump for having a moneymarket or Heritage checking account 1yr is 4.37apy 10k min 3yr 4.78apy $500m(Best deal)with the bump call to see if eligble 1800LUVMYCU painless for me to join 5min $25min savings and $25min Heritage got the three year one down side is they compound quarterly but only works out 2 a few bucks Thanks Banking Guy

1
Comment #247 by Anonymous posted on
Anonymous
I'm giving an A+ for outstanding customer service to Air Academy Fed. Credit Union. Opening an account on line couldn't possibly be easier. They pay over 6% APY for up to $50k on their MAX checking, and even allow you to fund your new account with your credit card, which is posted as a 'purchase', not a 'cash advance'. So if you pay off your credit card in full monthly, this is a great way to effortlessly fund your account and earn maximum interest. Fantasic customer service from the people I dealt with. p.s.: watch out for WAMU. They totally ripped me off on my interest earned. They did not pay interest on my first 5 days of deposit (a cashier's check I presented them). Their customer service is horrible-took them 3 weeks to answer a question, and the answer was vague and irrelevant to my question.

1
Comment #248 by Anonymous posted on
Anonymous
Bank of Internet USA (San Diego, CA) is offering Freedom Checking accounts with minimum balance $1k to avoid fees with Rate 3.34%/apy3.40%. I"m suprised you only had one blog review about this, and it wasnt on your weekly or monthly rate review.

1
Comment #249 by Anonymous posted on
Anonymous
their money market savings is also had very competitive rate 3.89% (Bank of Internet)

1
Comment #250 by larkin (anonymous) posted on
larkin
GMAC dropping to 3.00% tomorrow. It seems a bit harsh.

I wonder why now?

1
Comment #251 by Megan (anonymous) posted on
Megan
With the Fed lowering rates every chance they get, should we be looking at other investment opportunities? I read this article which made me think about it.
Lending Club

1
Comment #252 by Anonymous posted on
Anonymous
North Middlesex Savings Bank

6.25% between $10 & 100K \0.25% over \ATM $5 per cycle for other's ATMs \12 Debit \no mthly fees\ Direct Deposit\Must live in Mass.\ Visit to open\ etc.

https://www.nmsb.com/home/home

1
Comment #253 by Anonymous posted on
Anonymous
As of 2/29/08, Certified FCU still has a 3 year CD for 5.18% APY.

It has recently advertised itself on the radio in the Los Angeles area, but without mentioning its CD rates.

Membership is very restricted, per the website, so I don't understand why it is using radio.

Bankrate and Bauer have very different opinions of the credit quality of Certified FCU.

1
Comment #254 by Anonymous posted on
Anonymous
New Frontier Bank has a 5.00% APY special for 12 months, limited to $95,000 max, and limited to Colorado residents. This was still on its website on 3/1.

1
Comment #255 by Anonymous posted on
Anonymous
SunTrust 4.00% APY (3.92% APR) 5mo CD

requires existing or new checking account; free checking available

http://www.suntrust.com, Personal Finance, Find a Product, CDs

1
Comment #256 by Banking Guy (anonymous) posted on
Banking Guy
Thanks everyone for the comments. After 255 comments, this post was getting a little long. So I created a new finding-the-best-rates post. Please post all comments to:

Finding the Best Bank Rates and Deals #9

.

1