SolutionsBank is also offering a competitive money market account called SolutionsBank Liquid Money Market Account. It offers a 3.10% APY for balances of $50K and above, 2.25% APY for balances of $25K to $50K and 2.20% APY for balances of $10K to $25K. The rate is guaranteed until April 15, 2009 (I wished I had noticed this earlier). Minimum deposit is $50K.
For smaller balances, SolutionsBank has a reward checking account that currently pays 4.13% APY on balances up to $50K (see post).
It appears a branch visit is required to open an account. Branches are located in the Kansas City metro area and in Plano, Texas.
SolutionsBank has fair ratings for safety and soundness: 3 stars (adequate) at BauerFinancial (based on 12/31/08 data) and 3 stars (performing) at Bankrate.com) (based on 9/30/08 data). The bank has been FDIC insured since 1934 (FDIC Certificate # 4731).
Other High Certificate of Deposit Rates
For top CD rates nationally available, refer to my weekly rate summary. Many of the best CD deals are only locally available. To find the best deals in your state, refer to the index of state CD and bank deals.