Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

North Carolina Banking Rates and News

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

$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,...

Continue Reading
BB&T $125 Checking Account Bonus That Doesn’t Require Direct Deposit
BB&T

BB&T has brought back its $125 checking account promotion. Like the one last year, you can qualify for the bonus without direct deposit. That’s rare these days. The one downside remains the same. All of BB&T's checking accounts have potential monthly service fees. So if you open the checking account for the bonus, you have to make sure to avoid the fees.

To qualify for the $125 bonus, customers must open a BB&T checking account and either 1) use online bill pay for 3 bill payments with a minimum payment of...

Continue Reading
PenFed CD Rates Going Down for New CDs in February
Pentagon Federal Credit Union

PenFed will be lowering most of its CD rates in February. This isn’t official since these rates are not yet posted on PenFed’s website. I learned of these rates from a PenFed customer service representative in a phone call this morning. Near the end of the month PenFed’s board of directors approves the CD rates for the next month. Once they’re approved, the CSRs are typically notified of these new rates by an internal email. Thanks to DA reader Lou for first reporting on this news in the forum.

One important...

Continue Reading
Checking and Money Market Promotions at Fifth Third Bank
Fifth Third Bank (OH)

Fifth Third Bank has a new checking account promotion. They’ll give $150 to Stand Up To Cancer and $150 to you when you open a new checking account with direct deposit and make three online bill payments. The account must be opened by March 31, 2014. The direct deposit and the three online bill payments must be completed within 90 days of account opening to qualify for the bonus. Bonus will be deposited into the new checking account within 6 weeks of completing requirements. The full details of this offer...

Continue Reading
Update on Early Withdrawals from PenFed IRA CDs
Pentagon Federal Credit Union

PenFed IRA certificates have some nice features, but a reader has recently found out that they’re not as nice as you might think. We have long known that PenFed allows penalty-free partial withdrawals of IRA CDs when the owner has reached 59 ½ . However, there are limitations on the partial withdrawals. First, here’s what is stated in PenFed’s IRA Application Booklet:

Not only are partial withdrawals allowed, but there is no penalty "if the owner has reached age 59½ and takes a partial withdrawal." That is one of four early...

Continue Reading
Fifth Third Bank’s New CD Rate Specials in Several States
Fifth Third Bank (OH)

Fifth Third Bank has come out with some new CD specials. There are two changes from Fifth Third’s CD promotions from last fall. For most of Fifth Third’s market area, the bank is offering a 1.75% APY 5-year CD. For the Florida market, this long-term CD promotion is a 2.00% APY 6-year CD. The other CD promotions are the same as last fall with a 1.50% APY 4-year CD, a 1.25% APY 38-month CD and a 1.00% APY 28-month CD. Minimum deposit is $5,000, and a new or existing checking...

Continue Reading
Four Important Points about PenFed’s CDs and IRA CDs
Pentagon Federal Credit Union

I’m glad to see PenFed is still offering the very high CD rates. When I first reported on these on December 1st, I was concerned that they may not last through December. As I mentioned, PenFed no longer guarantees the CD rates will last for the entire month. However, I can’t remember a time when PenFed lowered CD rates before the end of the month. In addition, I see PenFed has a rotating banner on its home page advertising the 3.04% 5-year CD, and that banner says "your gift for...

Continue Reading
PenFed Comes Through With New Top CD Rates
Pentagon Federal Credit Union

Those 3% rumors turned out to be true. PenFed is now officially offering a 5-year and a 7-year CD with a 3.04% APY. The rates are listed at PenFed’s certificates overview page as of 12/01/2013. Thanks to the readers who reported on these early. There’s also good news for those who prefer shorter terms. PenFed’s 4-year CD rate increased to 2.22% APY, and the 2-year CD rate increased to 1.41% APY. PenFed’s 3-year CD still has a very competitive 2.02% APY. Below is a summary of the new December rates...

Continue Reading
PenFed Raises 3-Year and 4-Year CD Rates
Pentagon Federal Credit Union

Pentagon Federal Credit Union (PenFed) CD rates are getting better each month. Last month PenFed raised its 5-year and 7-year CD yields to 2.02%. Today PenFed raised its 3-year and 4-year CD rates to this same 2.02% APY. This is the first nationally available 3-year CD with a yield above 2% that we’ve seen in a long time. Thanks to DA member Shorebreak who posted on this news in the forum. Below is a list of these new CD and IRA CD rates in effect as of November 1, 2013:

  • 2.02%...
Continue Reading
PenFed Announces a Large CD Rate Increase for October
Pentagon Federal Credit Union

After several months of subpar CD rates, Pentagon Federal Credit Union (PenFed) will be making a pleasant change in October. On Sunday, PenFed advertised in the LA Times about its October CD rates. Thanks to DA member saverguy99 who posted on this news in the forum. Below is a list of these new CD and IRA CD rates that should be official by October 1st:

  • 2.02% APY 7-year CD (was 1.76%)
  • 2.02% APY 5-year CD (was 1.56%)
  • 1.76% APY 4-year CD (was 1.41%)
  • 1.51% APY 3-year CD (was 1.26%)
  • 1.26% APY 2-year CD (was 1.00%)
  • 0.75%...
Continue Reading
Fifth Third Bank’s 4-Year CD Rate Special in Several States - 1.5%
Fifth Third Bank (OH)

We’re now seeing some large banks raising their long-term CD rates. The latest is Fifth Third Bank which is offering a special 4-year CD with a 1.50% APY. You can get a higher 4-year CD rate at a few internet banks and credit unions, but this 1.50% APY is competitive especially for large banks. There are also shorter-term CD specials: a 1.25% APY 38-month CD and a 1.00% APY 28-month CD. Minimum deposit is $5,000, and a new or existing checking account is required. These rates are listed in Fifth...

Continue Reading
Top Promotional Certificate Rates at First Flight Federal Credit Union
First Flight Credit Union

First Flight Federal Credit Union is offering several promotional certificate rates. Some of these are very good deals. The two best deals are a 15-month CD with a 1.25% APY and a 23-month CD with a 1.50% APY. Minimum deposit is $10,000. These promotional CDs are listed in the credit union’s certificates page as of 9/4/2013. Thanks to the DA reader who mentioned this special in the comments.

First Flight makes it easy to join. In the certificates page, you can click on the “open account” button. This takes you to...

Continue Reading
View Archive