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Browse through the stories below to view current deals for California banks or select an item from the menu bar above to view current rates in California.

First Republic Bank Raises Long-Term CD Rates in Several States
First Republic Bank

First Republic Bank has recently increased its 5-year and 6-year CD rates, and they’re now competitive. You can get higher rates on the internet, but for those who prefer to open CDs at a branch, these might be appealing. The 6-year CD has a 2.25% APY, and the 5-year CD has a 2.00% APY. Minimum deposit is $5,000. These rates are listed at the bank's rates page as of 4/1/2014. Rates may vary by location. You have to select your region to see the CD rates. I have selected a...

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$150 Checking Account Bonus in Several States at First Citizens Bank
First Citizens Bank (NC)

Unlike most checking account promotions, this one at First Citizens Bank doesn’t require direct deposit. There are other ways to qualify for the bonus without direct deposit. On the downside, it’s similar to most checking account promotions in that the qualifying checking accounts have potential monthly service fees. If you’re careful, this promotion can be a good deal. Here’s the link to the bank’s promotion page.

To receive the $150 bonus, you’ll need to open either a new Premier or Prestige checking account with a new debit card by April 30,...

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Competitive CD Rate Specials at BBVA Compass
BBVA Compass

Last September I reported on a special 5-year CD at BBVA Compass. That special continues, and there’s also a new 29-month CD special that is also competitive. In addition, a few things have changed at Compass. The 5-year CD special still has a 2.00% APY. The new 29-month CD special has a 1.25% APY. Minimum deposit is $500, and the maximum deposit is $2,500,000 ($250,000 maximum deposit for CD accounts opened online). These rates are listed in the bank’s CD promotion page as of 3/24/2014.

One thing that has changed for...

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Top Checking Account Rate at Simplicity Bank - 1.25%
Simplicity Bank

Simplicity Bank just increased the rates on all tiers of its Relationship Checking account. The top-tier interest rate is now 1.25% APY. This requires a minimum balance of $75K. The rate drops to 1.05% APY for balances of $50K to under $75K. This is a large increase to the previous rates when the top-tier interest rate was only 0.30%. I confirmed with the bank that these are the correct rates. The bank CSR didn’t know if this was a temporary promotion or a change that will last for awhile....

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Higher 1-Year CD Rate at CapitalSource Bank
CapitalSource Bank

CapitalSource Bank has increased the rates of some of its promotional CDs. Its 11-month CD rate and its 12-month online-only CD rate increased from 1.01% to 1.05% APY. The bank still has a good deal on its promotional online-only 6-month CD with a 0.90% rate. Minimum deposit is $10,000. These CDs are listed in the bank’s rates page as of 2/19/2014.

Above the bank’s rate tables, there’s now an "Open-Now" link. Clicking on this link takes you to the online application. The first page of this application describes who is...

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$175 Checking Bonus Replaces Reward Checking Rates at Southland Credit Union in SoCal

Southland Credit Union in Southern California is advertising that you can earn up to $175 with its Cash Rewards Checking. What’s interesting about this checking account bonus is that the qualifications look a lot like high-yield reward checking qualifications. Southland used to offer a high-yield reward checking account called Super Checking. Back in 2007 it had a 5.25% APY on all balances if monthly requirements were met. That account is no longer available. Existing customers who still have this account earn a qualifying rate of only 0.05%. This new Cash...

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Higher 4- and 5-Year CD Rates at San Diego County Credit Union - Easy Membership
San Diego County Credit Union

San Diego County Credit Union has just made large rate increases on its 4-year and 5-year CDs and IRA CDs. Its Jumbo 5-year CD rate increased from 1.60% to 2.05% APY, and its Jumbo 4-year CD rate increased from 1.20% to 1.80% APY. The Jumbo CDs require a $90,000 minimum deposit. The rates are 5 basis points less for a $10,000 minimum and 10 basis points less for a $2,000 minimum. These rates are listed in the credit union's rates sheet as of 2/3/2014.

Free Checking Account

SDCCU offers a nice...

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Special CD and IRA CD Rates at Xceed Financial Credit Union - Easy Membership
Xceed Financial Credit Union

Xceed Financial Credit Union just came out with a new CD special. It has a 1.50% APY and a 17-month term. Minimum deposit is $500. This special isn’t available in an IRA, but there is a special 14-month IRA CD with a 1.40% APY. Xceed is still offering a special 7-month CD and IRA CD with a 1.00% APY and a special 19-month CD and IRA CD with a 1.25% APY. These special CD rates are listed on the credit union's rates page and in the credit union's news &...

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Kindle Fire HD Checking Account Bonus at BBVA Compass
BBVA Compass

BBVA Compass is again offering a free Kindle Fire HD for opening a checking account and for performing a few activities. It’s a 7" 8GB Kindle Fire HD which is currently selling on Amazon for $139. It is not the Kindle Fire HDX which is much more expensive. Here's the link to the new promotion. Below are the steps required for the bonus:

  • Open any ClearChoice consumer checking accounts by March 31, 2014
  • Within 90 days of account opening, at least one electronic direct deposit of $300 or more from an unrelated...
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10-Month CD and Money Market Specials at Seacoast Commerce Bank - Available Nationwide
Seacoast Commerce Bank

Update 1/5/2014: These specials have ended.

Seacoast Commerce Bank is again offering a CD and money market promotion. They are part of a celebration of the bank’s new branch, but I was told these promotions are available nationwide. Both require a substantial minimum deposit. The CD has a 10-month term and a 1.10% APY. Minimum deposit is $50,000. The second deal is a money market account with a 1.00% APY for balances over $50,000. According to the account disclosure, this 1.00% APY is guaranteed to last until September 30, 2014. The...

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Money Market and 12-Month CD Promotion at BBCN Bank
Money Market and 12-Month CD Promotion at BBCN Bank

BBCN Bank has two good deposit deals. The first is a money market account special for consumers only. The bank is guaranteeing a 1.00% APY until 12/31/2014 for balances of $50,000 to under $1 million. The second special is a CD promotion for consumer and business customers. It’s a 12-month CD with a 1.10% APY. Minimum deposit is $50,000, and the maximum is $250,000 per customer. Both offers require new money to the bank. The promotion is scheduled to end when the bank’s deposit goal amount is met or on...

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Special 7-Month CD Rate at Xceed Financial Credit Union - Easy Membership
Xceed Financial Credit Union

In today's interest rate environment, most all short-term CDs have rates under 1%. I found one exception at Xceed Financial Credit Union which has a special 7-month share certificate with a 1.00% APY. It’s also available in an IRA. Minimum deposit is $500. This special CD rate is listed on the credit union's rates page and in the credit union's news & events page as of 11/01/2013.

Xceed has a history of CD specials. I reviewed the last one in 2012.

The credit union has two features that make it convenient for...

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