Nevada Banking Rates and News

United Federal Credit Union is offering a few good CD and IRA CD deals. First, there's a share certificate special with a 43-month term. Rates are based on the deposit amount: 1.60% APY for $100K, 1.50% APY for $50K and 1.35% APY for $500. The credit union's long-term premier certificates are also good deals. The best one is a 2.00% APY 5-year CD with a $100K minimum deposit. The yield is 1.90% for a $50K minimum. The special CD rates are listed in the credit union's spring share certificate special page as of 4/17/2012. The other...

Washington Federal is offering a new checking account promotion in which customers can receive either an Amazon Kindle or Kindle Fire. The details are listed at Washington Federal's promotion page. The promotion is scheduled to end on May 31, 2012.

To qualify for the Amazon Kindle ($79 value), a Simple or Performance Checking Account must be opened. To qualify for the Kindle Fire ($199), a Stellar Checking account must be opened. As you might expect, you'll have to worry about monthly fees, especially for the Stellar Checking account. However, if you're careful, these could be good deals....

Washington Federal continues to offer a competitive 5-year CD rate. For a minimum deposit of $90K, it's 2.30% APY. The 3-year and 4-year CD rates are also competitive: 1.55% APY for 3 years and 1.80% APY for 4 years. The rates are 5 basis points lower for a $1K deposit. These rates are listed in the bank's rates page as of 12/07/2011.

I first reported on this deal in September. When I called the bank in September, I was told that the rates are typically not changed until Fridays. One downside to this 5-year...

Mountain America Credit Union has increased the bonus amount of its Facebook checking account promotion. In mid October a reader mentioned a $100 checking incentive. It's now $125. They want you to "like" their Facebook page before they will show you the flyer. If you don't have a Facebook account, here's the direct link to the checking promo flyer (PDF). The flyer provides the following instructions:

Bring this coupon to any branch. Open your new checking account, set up free direct deposit and free eStatements to get your $125 bonus.

There is no expiration date...

On Friday US Bank did something that's rare these days. It raised the rate of its competitive long-term CD. The rate of the 59-month CD special increased from 2.00% to 2.25% APY. The two other special CDs with shorter terms are not nearly as competitive. One is a 1.25% APY 37-month CD and the other is a 1.01% APY 19-month CD. Minimum deposit is $1,000, and the maximum is $249,999. These rates are listed in US Bank's CD page as of 10/31/2011. Rates could change at any time, but they typically change on Friday mornings.

Washington Federal is offering a competitive 5-year CD rate. For a minimum deposit of $90K, it's 2.30% APY. The rate is 5 basis points lower for a $1K deposit. These rates are listed in the bank's rates page as of 9/19/2011.

When I called the bank last Thursday, I was told that the rates are typically not changed until Fridays. One downside to this 5-year CD is its early withdrawal penalty of 1 year of interest which is larger than the typical 6 months of interest.

A branch visit is required to open an...

Umpqua Bank is currently offering two competitive CD rates. One is a 5-year CD with a 2.52% APY. The other is a special 8-month CD with a 1.06% APY. Minimum deposit is $1,000, and the special CD requires a checking account. The 5-year CD rate may vary by state. It's not listed on bank's website so I called on 6/22/2011, and confirmed the 5-year CD rate for California and Oregon. Rates are subject to change at anytime.

You may be able to get an additional 0.25% on the CD with the Benefit Banking Interest Checking Account. This is...

Amalgamated Bank is offering a fairly competitive CD special. It's a 1.35% APY 13-month CD. Minimum deposit is $500, and the maximum deposit is $250,000. New money is required, and it's only for personal accounts. This special is listed in the bank's promotions page as of May 4, 2011.

According to the promotions page, a branch visit is required to open the CD. Amalgamated Bank branches are located in New York; New Jersey; Washington DC; Las Vegas, Nevada and Pasadena, California.

The bank has an overall health score at DepositAccounts.com of 2 stars...

M&I Bank has a checking account promotion in which you can earn up to $150 without too much work. The required checking account does have potential monthly fees, so that's something to keep in mind. The promotion is described at mibank.com/cashback150, and it's scheduled to last until May 27, 2011. The $150 bonus requires opening a new M&I Cash Back Checking Account and completing the following within 60 days:

• $50 for five qualifying check card purchases (signature-based)
• $50 for two direct deposits (ACH)
• $50 for three online bill payments

Potential Monthly Fees

The M&I Cash Back Checking Account...

Several insurance companies like State Farm and MetLife have banks that offer deposit accounts. I just found another one that's under Shelter Insurance Companies. Its bank is called Shelter Financial Bank, and it's currently offering some very competitive long-term CD rates. The notable long-term CD rates include a 3.20% APY 7-year CD, a 2.95% APY 6-year CD, and a 2.55% APY 5-year CD. Minimum deposit is $1,000. Rates are 10 basis points higher for the Jumbo CDs with a $95K minimum deposit. These rates are listed in the bank's deposit rates page as of 12/28/2010.

US Bank, N.A. is offering two competitive long-term CD specials. The most competitive one is the 59-month CD which has a 2.50% APY. The other one is a 1.70% APY 37-month CD. There's also a 19-month CD special, but the rate is only 1.15% APY. Minimum deposit is $1,000. These rates are listed at the bank's CD specials page as of 12/28/2010.

You can get CD rates a little higher at some internet banks, but for a large brick-and-mortar bank, these US Bank rates are pretty good. As a comparison to internet banks on...

Mountain America Credit Union still has a competitive 5-year CD and IRA CD rate. It's now 2.80% APY. The rate has gone down since my last post, but it remains competitive compared to what other banks and credit unions are offering. For example, the best 5-year CD from an internet bank has a yield 2.75% APY (at Sallie Mae Bank). The credit union's CD has a minimum deposit of $500. This yield is listed in the credit union's current rates page as of 10/19/2010

The credit union used to offer some competitive shorter-term CD...