Browse through the stories below to view current deals for Nebraska banks or select an item from the menu bar above to view current rates in Nebraska.
Last month I reported on very competitive 3-, 4- and 5-year CD rates at MidFirst Direct, the internet division of MidFirst Bank. I learned last Saturday that MidFirst Direct is now offering 7-year CDs, and the rate is very competitive. Unfortunately, the rate has already fallen. It now has a 2.75% APY which is down from its original yield of 3.00%. Even with this lower rate, it’s still very competitive compared to other banks and credit unions. The 2.75% APY is listed in the MidFirst Direct CD page as of...Continue Reading
The latest bank to raise its 5-year CD rate to 2% is BBVA Compass. On Friday it raised its 5-year CD rate from 1.25% to 2.00% APY. This is the only CD term that is competitive. Its shorter-term CD rates continue to be low. This 5-year CD rate is listed in the bank’s CD rates page as of 9/16/2013. The rates may vary by location, but this 2% appears to be listed for all of bank’s market areas. Thanks to DA member OldGuy for mentioning this new rate in the...Continue Reading
Last year I first learned about MidFirst Direct, the internet division of MidFirst Bank. At that time last year, it was offering some very competitive CD rates. Those didn’t last long. The rates fell a few days after my post. MidFirst Direct just recently raised its long-term CD rates, and they’re very competitive. Hopefully, these rates will hold longer than they did last year. These higher CD rates include:
The above rates are listed in the MidFirst Direct CD page as of...Continue Reading
BBVA Compass has another checking account promotion. It’s similar to its January promotion, except that instead of a Kindle Fire, the bank is giving away a Samsung Galaxy Tab 3. The bank also added an extra requirement. So it’ll take more work to qualify for this gift. Here's the link to the new promotion. Below are the steps required for the bonus:
High-interest reward checking accounts are looking more appealing these days when it looks like rates may be on the rise. These offer rates higher than CD rates, and you don’t have to worry about locking into a long-term low-rate CD. There are a few downsides with reward checking. It requires work to meet the monthly requirements. Rates may fall, and there’s a balance cap which can also fall. We have seen many reward checking accounts with balance caps that fell from $25K to $10K. We have also seen many new...Continue Reading
Alabama Teachers Credit Union has a reward checking account called nHanced Checking. It has the following rates and features as of 3/26/2013:
There is a qualification cycle calendar here and a qualification checklist...Continue Reading
Regions Bank is again advertising a checking account promotion in which you can earn $125. This is another big bank that lacks free checking so you'll have to be careful to avoid monthly fees. The offer requires a new customer open a LifeGreen Checking Account online with the promo code 125, have at least $500 in total direct deposits and at least 10 Visa check card purchases in the first 60 days. Offer is scheduled to end on 4/7/2013. The offer is listed in this Region's promotion page.
There's no mention...Continue Reading
Just two weeks ago I posted on a BB&T $100 checking account bonus. Now it's offering a $125 bonus with the same requirements. The nice aspect of this bonus is that you can qualify for it without direct deposit. The downside is that 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 set-up and receive 2 direct deposits of...Continue Reading
BBVA Compass has changed its checking account promotion for the new year. Instead of a cash bonus, this new one offers a free Kindle Fire HD. Unlike the previous one, this new one requires direct deposit (and they specifically exclude bank-to-bank transfers). Here's the link to the new promotion. Below are the steps required for the bonus:
BB&T is again offering a $100 bonus for opening a checking account and performing some additional activities. Just like most large banks, 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 $100 bonus, customers must open a BB&T checking account and set-up and receive 2 direct deposits of at least $100 OR make 3 online bill payments of at least $25. The offer is scheduled to end on 3/1/2013....Continue Reading
Pen Air Federal Credit Union had the top spot for the highest 5-year CD rate that's nationally available. Yesterday, Pen Air FCU reduced its CD rates. Its standard 5-year share certificate APY fell from 2.00% to 1.85%. Jumbo certificates used to have rates 20 basis points higher than the published standard rates. That has also gone down. According to a Pen Air FCU representative, the premium is now 10 basis points. So the new Jumbo 5-year share certificate APY is now 1.95%. Minimum deposits for the Jumbo certificates is $100,000....Continue Reading
BrandBank has started a checking account promotion which is guaranteeing a 1.07% APY through June 30, 2013. A minimum balance of $50,000 is required. The rates are much lower for smaller balances (0.25% for $10K to $50K and 0.10% for under $10K). There's also another requirement. One of the following criteria must be met within 60 days of account opening: 1) sign up for recurring Direct Deposit on this account; 2) enroll in Brand Bill Pay; or 3) open a CD with at least $25,000 in new money not currently...Continue Reading