Getting The Most Out of Our Rate Tables
I try to do a few posts on the best rates from banks and credit unions, but it's getting harder to find noteworthy deals. If there's not a hot deal near where you live, you can at least use our rate tables to find a decent rate. Use the menu on top to view the rate table for the deposit product of interest.
If you have been following this blog, you will know that the best deals are often at local banks and credit unions. However, if you live in an area where banks don't need deposits, you may have to go with a nationally available bank or credit union to get the best rate.
Our rate tables allow you to search for both local and nationwide rates. You can modify your search by using the "Filters Accounts" button on top of the rate table. Here's a snapshot of what this looks like.
It's important to note that the banks and credit unions listed for a state aren't necessarily available to everyone in the state. Many small banks will require a branch visit or will require new customers to reside in their market area. Credit unions have fields of membership which typically include residents of a few counties.
There are two ways you can determine if you will be eligible to open an account at the listed bank or credit unions. If you click on the plus sign to the left of the bank or credit union name, the row expands to provide several account details. The snapshot below has an example of this.
One of the details for credit unions is a brief description of the credit union's field of membership. Other account details listed in this expanded row include the rate tiers and a table and graph of the rate history.
If you want more details of the bank or credit union, you can click on the name of the institution. This will take you to our hub for that institution. On this hub page, you can view the financial information for the institution, view the product rates and read reviews. We also have links to the blog and forum posts, and just recently we have added a new page with a map showing the location of all the branches. The link to the map is located on top of the hub page below the institution's name. An example is shown below.
If we have an incorrect rate, the best way to notify us is to select the "Report an Issue" link on the top right of the "product & rates" tab on the institution's hub. Here's a snapshot showing where this link is located:
So if you don't see a lot of blog posts with hot deals, please check our rate tables. The number of noteworthy deals should go up as we enter into a more normal interest rate environment (Hopefully, we won't have to wait too long!).