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Finding the Best Bank Rates and Deals


This post is intended to be a place where readers can let me know of bank and credit union deals they find. Many readers have left me comments or sent me emails about deals they’ve found. This is much appreciated! This help will be needed even more for the new year as it will be a busy year for me. I’m open to any bank deal although deals on deposit accounts are the easiest for me. The deal may be an exceptional CD or money market rate, or it may be a cash bonus for opening an account. I’ll include a link on the top right of this website that will always point to this post.

Just include the link to the deal in the comments of this post. If it’s a good deal that's new, I'll make a new post on it and give you credit. If you include a link to your website, I’ll include that link in the post. If you want to remain anonymous, simply comment as an anonymous user and/or email me at bankdeals at gmail dot com.

Please make sure to provide a link to the specific page of the deal at the bank’s website. If the deal is at a credit union, it would be useful to also include a link to the field-of-membership page. If the deal is not on the bank’s website, please include the source of the deal (i.e., a New York Times newspaper ad, a sign at a local bank, etc.)

Don’t worry about being absolutely sure that a deal is new and worthwhile. It’s often hard to find all the small print or to find if the deal has already been posted. One tip is to use the blogger search box at the top of the page and search this blog for the bank’s name. Another tip is that banks that offer specials often repeat similar specials in the future. So one way to find deals is to check out banks and credit unions that I mentioned in old posts.

You may find Googling for bank deals can be fun and challenging. If you’re looking for a 12-month 5% CD, you have to figure out ways to search that will exclude pages listing 5% loans or 5% 5-year CDs. Many people Google for fun at googlewhack.com. This site challenges people to find a googlewhack which is defined as a Google search for two dictionary words that result in one and only one search result. Searching for bank deals can be just as challenging, but a lot more useful.

In addition to Google, there are many websites that can be used to find the best bank deposit rates. However, none are complete. The biggest and best known is Bankrate.com. I have some problems with Bankrate.com. First, there are too many pop-ups. Second, they only include links to banks’ websites if the banks pay them, and third, they exclude credit unions and many banks. Below are a couple of links that I’ve found useful.
Anonymous   |     |   Comment #1
Members First FCU
29 month CD - 5.00% APY $500 min, link
Banking Guy
Banking Guy (anonymous)   |     |   Comment #2
Thanks! I made a post here.
Anonymous   |     |   Comment #3
UFB increased their basic rate to 4% (from 3.8%)
Banking Guy
Banking Guy (anonymous)   |     |   Comment #4
Thanks! I posted on it here.
Justine Kaley
Justine Kaley (anonymous)   |     |   Comment #5
Territorial Savings Bank it is a bank only in Hawaii so for those of you reading if you live in hawaii it is a good bank to go to the interest on savings passbooks (as they put it) is 1.60% compared to 0.40% & 0.50% for other banks here in Hawaii. They also have a lot of branches all over the state.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #6
Thanks for the info about that Hawaiian bank. I found their website here. Another nice thing I've found is that they have a free checking account with only a $25 initial deposit. Since savings rate is so low, the best option is to link checking with an online bank assuming there are not restrictions for linking outside the continental USA.
Anonymous   |     |   Comment #7

6% 1 yr no FDIC..
Banking Guy
Banking Guy (anonymous)   |     |   Comment #8
Thanks for the info about Millennium Bank. I have more info about this bank at this post. As you mentioned, it's not FDIC insured. Also, there are questions about the bank's financial practices. If anyone has additional info or experiences about this bank, please leave a comment here.
Anonymous   |     |   Comment #9
Please check out the
" Pacific Mercantile Banks " of California
5 Year C.D with an 5.10 % Interest
and 5.23 APY.

They claim to be FDIC insured
Banking Guy
Banking Guy (anonymous)   |     |   Comment #10
Thanks for the info on Pacific Mercantile Bank. I posted on it here.
Anonymous   |     |   Comment #11
4% APY - 3 month CD
$5,000 min. deposit
Royal Bank America
Locations in PA/NJ
Rate also good at Royal Asian Bank locations in PA/NJ (including Ft. Lee, NJ)
Member FDIC
Banking Guy
Banking Guy (anonymous)   |     |   Comment #12
Thanks for the Royal Bank America CD info! It's a pretty good rate for a B&M bank. I posted about it here.
Anonymous   |     |   Comment #13
TechCU 5% for 15 months (95k+) or 4.95% 15 months for 1K+

Banking Guy
Banking Guy (anonymous)   |     |   Comment #14
Thanks, that TechCU 5% CD is a good deal, but I think it's 18 months? I had posted on the 5% 18-month CD special last month. Looks like the special is still valid.
Anonymous   |     |   Comment #15
Advertised in the front-page section, page 12 of the Chicago Tribune are 9 month and 15 month going for 4.90% APY and 5.00% APY. Minimum 10K.

"First Bank" 26 Chicago locations..
20 N Wacker Dr 312-236-3400
Anonymous   |     |   Comment #16
Advertised in the front-page section, page 12 of the Sunday Chicago Tribune are 9 month and 15 month going for 4.90% APY and 5.00% APY. Minimum 10K.

Never heard of this bank, looks like B&M only, could not find a website.
"First Bank" 26

Chicago locations..
20 N Wacker Dr 312-236-3400
Banking Guy
Banking Guy (anonymous)   |     |   Comment #17
Thanks for posting on the First Bank CD special and thanks for providing all of the ad details!

I was able to find First Bank's website: www.firstbank.com. I posted on it here.

jeremiah (anonymous)   |     |   Comment #18
Not a bank deal but a credit card deal. Citicards are giving away a $100 gift card (or the reward points [10,000] instantly redeemable for said gift card) for signups.
The catch is you have to make one purchase. No min purchase price. My wife and I both did this before Christmas and went out to eat for $15 each time. Not a bad return.
Also, you can cancel after that.
Anyway for the details....

This was in the paper last sunday (coupon section)
Limited-time offer: reply by March 15, 2006

Enter promo code: F3A1

or you can call 1-800-514-8589

You must make the purchase within three months of account opening.

If you just sign up for the card (Diamond Preferred) without the promo code you will get enough points for a $50 gift card.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #19
Thanks for posting the credit card deal. I made a post here.
Anonymous   |     |   Comment #20
emigrant direct site now shows apy rate of 4.25% -kc
Banking Guy
Banking Guy (anonymous)   |     |   Comment #21
Thanks about the Emigrant-Direct update. I've posted on it here.
scott (anonymous)   |     |   Comment #22
Saw this offer in the paper today from a local CU. Like Self-Help anyone can join by becoming a member of Wakefield Repertory Theater, which costs $15 a year and the CU will even pay your 1st years dues, You don't even have to continue after you pay that first year. You must also open a savings account with a min of $25. They give a bunch of wiring instructions so opening looks fairly easy if you cannot get to a branch

14 months 5.10% APY*
30 months 5.35% APY*

Established in 1921 Unified FCU is not-for-profit and member owned! Our members enjoy many benefits including excellent rates and terms, a full complement of products and programs, and the friendly service that has become our Halmark.

Unified FCU serves employees of our corporate sponsors, those working within a ten-mile radius of downtown Amesbury, MA (including southern New Hampshire) as well as members' families.

However, virtually anyone can now join Unified FCU through our relationship with the Wakefield Repertory Theater (WRT). Membership in this non-profit theater group qualifies anyone for membership at our credit union. To make matters easy, Unified will pay for the first year's annual dues of $15 to WRT and do all the necessary processing. Once you are a member of Unified, there is no obligation to continue membership at WRT (though WRT may continue to be of interest to local theater enthusiasts). Remember new members are always welcome at Unified FCU! http://www.unifiedfcu.org/CD_specials.htm
Banking Guy
Banking Guy (anonymous)   |     |   Comment #23
Thanks Scott. That's a great CD special, especially with a Credit Union that has an easy eligibility requirement. I made a post here.
scott (anonymous)   |     |   Comment #24
6 month 5% CD $500 min
Saw this good offer on FW and open to everyone. Looks very easy to open online and they are a nice size bank at over 3 Billion in assets and Bankrates Safe&Sound them 4*.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #25
Thanks Scott! That's a great deal. I posted on it here. Seems it could be available only to people who received the mailings? Hopefully, that's not the case.
Anonymous   |     |   Comment #26
HSBC jumps to 4.80

Banking Guy
Banking Guy (anonymous)   |     |   Comment #27
Thanks for letting me know about the new HSBC rate! I've posted on it here.
Anonymous   |     |   Comment #28
I opened a Citibank checking account and got a $200 bonus. All you have to have is direct deposit. The promo comes and goes. They also have a rebate credit card that gives 1% cash back on all purchases and 5% back on all gas, grocery store, and pharmacy purchases. Note that it does not matter what you buy at the gas, grocery, or pharmacy store. There is a $300 limit per year. Also, you can link the credit card to your checking account and make instant payments. No more late fees. I use it like an ATM card.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #29
That is a great checking account deal at Citibank. Thanks for posting! It seems similar to what I posted on here, however, in that deal you had to pay a Citi credit card bill through the checking account to get the second $100.
Anonymous   |     |   Comment #30
Founders Federal Credit Union
60 month CD - 6.4%APY
Banking Guy
Banking Guy (anonymous)   |     |   Comment #31
Thanks for posting on the 6.40% CD. I posted on it here.
Anonymous   |     |   Comment #32
Money Market Checking - 4.00% APY*
91 Day CD - 4.10% APY*
6 Month CD - 4.50% APY*
2 Year - IRA only - 5.00% APY*

* Annual Percentage Yield
Anonymous   |     |   Comment #33
While searching for high-yield CD's, I found a 5.61% IRA CD for 48 months at St Joseph's Parish Credit Union.

Anonymous   |     |   Comment #34
I thought I'd help up date your 6 & 12 month CD rates.6 month World Savings 4.86% APY & 12 month Mutual Bank 5.05%, M&T Bank 5.01%, American United Bank 5.00%, and Ascencia 4.99%.Thanks for the tip on World Savings I,ve bought two of the 6 month CDs now one in January and one in Febuary.
Anonymous   |     |   Comment #35
UFB Direct raised the rate on its Jumbo Money Market ($50K min) account to 4.60% (from 4.35%, APY). Not sure when, but it's certainly happened within the last couple of weeks, and is current.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #36
Thanks everyone for the updates.
Virginia (anonymous)   |     |   Comment #37
Netbank is offering a $50 Visa cash card for opening a CD with a minimum of $2k for at least 1 yr. The current rate is 4.8% APY, not outstanding, but not terrible either. Funds must not be currently on deposit with NetBank. This offer seems to only be available to current NetBank customers, but maybe could be paired with the other $175 NetBank offers? I opened my account about a month ago and the promotion is running until March 31 '06.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #38
Thanks for the Netbank info. I just did a post on this here.
Rammesh (anonymous)   |     |   Comment #39
Is there a link that you can share where NetBank $50 bonus for new 1 year CD? I did not find any. Thanks, Rammesh
tuphat (anonymous)   |     |   Comment #40
First, thanks for the blog.

Second, there's a $25 account opening bonus at HTH Worldwide Bank. You can open either checking or savings with $50 minimum, no fees. You can also fund it with a credit card (no cash adv fee) to generate additional points. See details at: www.hthworldwidebank.com
Anonymous   |     |   Comment #41
UmbrellaBank just went up to 4.60 on their Money Market
Banking Guy
Banking Guy (anonymous)   |     |   Comment #42
rammesh, here's the info on that $50 Netbank CD bonus. Don't know if there's a link.

tuphat, thanks for the feedback and for the HTH bonus info. Refer to my previous post for more info.

And thanks anonymous for the UmbrellaBank rate update. I posted on this here.
Anonymous   |     |   Comment #43
Integrity Bank in Georgia is offering a 1 year CD at 5% interest. http://www.myintegritybank.com/rates.html
Banking Guy
Banking Guy (anonymous)   |     |   Comment #44
Thanks for posting on the 5% CD at Integrity. I posted it on it here.
Anonymous   |     |   Comment #45
Dear Bankdeals Guy,

I read your web site on daily bases.
Thanks for the news, shortcuts, info and current bank deals.
However, concerning Virtual bank, I have a bad news to report to you.
First, Las week I did an ACH from outside bank directly into Virtual eMoneymarket account.
Waited 5 days for the money to show up in my account and nothing happen.
Second, I called customer service today to inquire about the incoming ACH and why the funds are not credited yet.
Their explanation: It was a bank holiday on Monday and there is delay in posting.
Third, I called the originating bank to find out when actually the money went into Virtual Bank ACH
credit department. Answer: "On Friday the 17th 2006".
I called Virtual Bank again with the new info and this is their explanation:
"Your ACH came in as a credit to money market or saving account and therefor, we can not credit your account with this ACH and are sending it back to the originating bank"....bla...bla... and at the end
the Virtual bank rep. said: O by the way, all eMoney market accounts at Virtual bank are CHECKING
ACCOUNTS and you must send your ACH to Virtual Bank as an ACH to credit of the checking account
It was a substantial amount of money in that ACH and I'm out of interest for 7-10 days, since Virtual Bank
kept the money in the general float (account) without even notifying me about.
According to Virtual bank rep. believe, the money might be back to the original bank by next Monday or Tuesday ......I'll believe that when I see it.....

Your fateful site reader.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #46
Sorry to read about your problems with VirtualBank. It looks like VB doesn't let you use an ACH system at another bank to push funds into the eMoney Market account? Is this correct?
Anonymous   |     |   Comment #47
No it is not correct. You can push in unlimited number of ACH into Virtual Bank as long as the ACH
is structured to go into a CHECKING account, i.e. eMoney Market is classified as regular checking
account and not a saving or money market as per Virtual Bank employee and or supervisor I spoke with.

Thanks for the valuable info on your web site.
Anonymous   |     |   Comment #48
I'd like to know if send a check from external bank (for example Gmac Bank 4.3%) to VirtualBank eMoney market account, how many days interest lost?

Banking Guy
Banking Guy (anonymous)   |     |   Comment #49
Thanks for the info on Virtual Bank. That's good for people to know. VB and banks in general need to do a better job at providing the important points.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #50
About interest lost when sending a check, scott1961 from FW has some good info in this thread. Here's an excerpt:

Sending a check can be the best way to minimize days of lost interest. ... I open new accounts by just mailing a check and continue getting interest till it is taken out and on some occasions even get a day or two of overlapping interest from both banks. Have learned ACH transfers are not good and is not really the banks fault.
Anonymous   |     |   Comment #51
Corus Bank 1 yr CD is 5.09%, you still list it as 5.00%.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #52
Thanks, I've just updated the Corus Bank rates for this week's summary.
Finance Junkie
Finance Junkie (anonymous)   |     |   Comment #53
Founders Federal Credit Union 60 month variable CD has been bumped up to 6.66% for the intro rate. Unable to identify when variable rate resets.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #54
Thanks for the info on Founders FCU. The last time I had reported on them on Feb 5, that CD was at 6.40% APY.
Steve (anonymous)   |     |   Comment #55
GMAC Bank just upped their Money Market Rate to 4.6% with a $500 minimum.
Steve (anonymous)   |     |   Comment #56
nevermind, it appears that you already posted on it.
Heads Up Guy
Heads Up Guy (anonymous)   |     |   Comment #57
Royal Bank America
213 Main Street
Fort Lee, NJ (North Jersey/NY Metro)
"grand opening special" (not on website, ad in paper and big sign in window at branch). Can call 201.944.1712.

5.00% (APY) 12 month CD
$1,000 min. - no maximum
must also open a checking account (Free checking account options are available, as is NJ Consumer Checking)
FDIC insured

...also have a 3.55% (APY) interest checking account w/$10k min.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #58
Thanks for the info on Royal Bank America. I posted the info here.
Anonymous   |     |   Comment #59
OnPoint Community Credit Union (Formerly Portland Teachers Credit Union) has promotional 6mo and 1yr CDs at 6.0% APY.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #60
Thanks for posting the excellent CD deal from OnPoint. I posted on it here.
Anonymous   |     |   Comment #61

It seems HSBC has added bank to bank transfer.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #62
Thanks for the HSBC link. It provides many of the details about their transfer system. However, it does leave out the 2 to 4 day delays in which you don't earn interest. I've been using the bank-to-bank transfers since December. It works well except for the delays. I also like how I can connect it with other savings accounts or brokerage accounts and not just checking accounts. Refer to this post for more info.
Anonymous   |     |   Comment #63
The Ventura County(California) Star advertised a 5.12% IRA rate for 12-23 months at Mid-State Bank and Trust. Phone (800)473-7788. There are many branches located along the Central California coast.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #64
Thanks for the news on the 5.12% IRA CDs. I've posted on it here.
Anonymous   |     |   Comment #65
Corus 1 yr CD 5.15% now!
Banking Guy
Banking Guy (anonymous)   |     |   Comment #66
Thanks for the info on Corus. I have several other good national deals on 1-year CDs in this yesterday's post. We're seeing a lot more 5%-plus CDs now.
jeremiah (anonymous)   |     |   Comment #67
Another Citi Credit Card deal worth a $100 gift card after one purchase (no min).

Citi Simplicty Rewards Card
- Apply http://apply.citisimplicity.com (Enter Offer Code F2B5)
- or you can call 1-800-375-8078
** This one expires 04/15/2006

You can cash your points in for that or save them for something else. They are offered through the Thank You Network [http://www.thankyounetwork.com]. You can see what they have to offer there.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #68
Thanks jeremiah for the Citi deal. I posted about it here.
jeremiah (anonymous)   |     |   Comment #69
And yet one more $100 gift card deal. This time the bank is Chase.

Cash Plus Rewards Mastercard.
* $100 cash back check after your first purchase
* Earn 5% cash back on qualified grocery store, gast station, drig store purchases and 1% on all other qualified purchases
* Redeem your cash back points for gift certificates at your favorite merchants or a cash back check
* Enjoy a 0% into APR for up to 12 months
* The time period for the into APR and the balances to which it will apply will be based on our review of your application and credit history.
* No annual fee

- Looks like this one is phone only.
Phone: 1-888-787-0329
Offer Code: 93Y

Expires: April 30, 2006

** Please allow 6 to 8 weeks after your first purchase for bonus points to post to you account. Bonus points are contingent on account opening and first purchase. You will receive 10,000 bonus points, which can be redeemed for 1% cash back or a $100 gift certificate.
Anonymous   |     |   Comment #71
American Airlines Credit Union has a special 70th anniversary share certificate. 7 month CD-7.19%APY $1000 min,& max. Offer good thru 5-31-06 limit one person.Site is at www.aacreditunion.org/default.asp
Banking Guy
Banking Guy (anonymous)   |     |   Comment #72
Thanks again jeremiah for posting on the Chase credit card deal. I posted on it here.

Anonymous, thanks for posting the AA CU 7.19% CD deal. Due to its $1K limit, I'm not sure if it would be worthwhile for people to join this CU just for this deal. Over 7 months, it would be about $13 over what a 5% CD would earn.
Virginia Lacefield
Virginia Lacefield (anonymous)   |     |   Comment #73
Just FYI - I just spoke to a UFB Direct rep on the phone. She said that the word they'd been given by the board was that the rate drop was only temporary. She said they weren't told why the rates had gone down, but that they would be rebounding in a couple of weeks. She didn't say whether to previous levels or higher/lower.
Anonymous   |     |   Comment #74

La Jolla Bank
Located in San Diego, CA
6 Months CD
interest rate 4.60% APY 4.70%
Banking Guy
Banking Guy (anonymous)   |     |   Comment #75
Thanks for posting the La Jolla Bank deal. 4.70% is a decent APY for 6 months.
Steve (anonymous)   |     |   Comment #76
Hey, just wanted to let you know that a link to your site is in April's edition of Money Magazine (pg 121). Nice work, keep it up! I lobr the site.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #77
Steve, thanks for letting me know about the Money Magazine link.
Anonymous   |     |   Comment #78
Today's L.A. Times advertises a 4 month @4.85%($1,000 min) and a 9month@5.20%($1,000 min)-limited to California residents, available at Vineyard Bank-(8000)442-4996/www.vineyardbank.com. There are several branches in S. California.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #79
Thanks for posting on the Vineyard Bank CD special. I posted on it here.
Anonymous   |     |   Comment #80
Hyde Park Savings Bank, MA - 5.00% APY 18-month Bump Up Rate CD. $500 min. link
Steve (anonymous)   |     |   Comment #81
This is not necessarily a deal, but Emigrant Direct is upping ther cash rebate card from 1.25% to 1.4%. Unfortunetly still less than the 1.5% Fidelity Investment Rewards Card!
Anonymous   |     |   Comment #82
The Southern Chautauqua Federal CREDIT UNION, NY
60 month CD 5.64% APY $5,000 min
link FOM
Banking Guy
Banking Guy (anonymous)   |     |   Comment #83
Thanks everyone for the deals. I've just posted on the Emigrant's new credit card cash back rate here and the 5.64% CD here.
Anonymous   |     |   Comment #84
Dear Banking Guy,

Thank to you, I am warming up to the Bank Deals search, and I already left a couple of them here, including the 5.64% 60-month CD. Here is another interesting IMO deal at West Suburban Bank, IL:

Gradual Withrawal CDs

With West Suburban Bank’s 5-year, 5.5% CD, you can withdraw up to 20% of your original investment every year. We also have a 2 1/2 -year, 5.0% CD with a withdraw option every 6 months. All you need to open a WSB high-interest CD is a WSB checking account and $5,000 minimum deposit.
The Bank has 4 stars from Bauer Financial.

Victor R..
Anonymous   |     |   Comment #85

The Middlesex Bank deal posted on 3/15 applies only to Mass. residents. That is noted on their website and their 800 number has a recording to that effect.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #86
Thanks about the note on Middlesex. I did have a comment in this post about this change, but that wasn't clear so I made an edit to the post with this change.
Anonymous   |     |   Comment #87

Dear Banking Guy,

Here is another deal at a small bank called RAVENSWOOD BANK, IL.It's not advertised at their site, but from several search engines, and from an e-mail exchange with them, I've got the same rate of 4.88% for their INVESTOR MONEY MARKET ACCOUNT requiring $50K min. They told me that they accept applications from other states. The rate = 13week Treas. + 0.25. The bank has 4 stars from BAUER FINANCIAL.

Banking Guy
Banking Guy (anonymous)   |     |   Comment #88
Thanks Victor for the MMA deal. Do you know if there are any fees if the balance falls below $50K? Do you still earn any interest?

Thanks, Ken
Anonymous   |     |   Comment #89
http://www.bankatlantic.com has a $77 gift card with the switch of a an account to a new account at BankAtlantic.
Anonymous   |     |   Comment #90
Dear Ken,

I think the text below contains the info you're looking for. This is a 'cut and paste' version of some parts of the RAVENSWOOD's reply to my query.


· $2,500.00 minimum daily balance requirement or a $25.00 monthly fee is assessed.
· Balances below $50,000.00 will earn at the rate of the Individual Statement Savings Account.

TRANSACTION LIMITATION – One withdrawal per calendar month are allowed at no charge. There is a charge of $25.00 per withdrawal for each withdrawal in excess.
There is a $50.00 fee assessed on the account for the first 90 days closure. Balances over $500,000.00 will be paid at the rate of the Individual Statement Savings Account.


Banking Guy
Banking Guy (anonymous)   |     |   Comment #91
Victor, Thanks for the info on Ravenswood! I posted about it here.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #92
Thanks anonymous for the BankAtlantic bonus. I posted on it here.
Anonymous   |     |   Comment #93

Hello Ken,
How are you doing? Crestmark Bank in Troy, MI is offerning 5.20%APR CDs for terms of 1-year to 5-year.They also have several CDs with less than a year maturity. Here is a part of their CD table in which minimum deposits for all the types is $25K.
90 days 4.90%
180 days 5.05%
270 days 5.15%
The bank has a Bauer Financial Rating of 3 stars.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #94
Victor, Thanks for the Crestmark info. They're very good CD rates. From the website, it seems like it's a business bank "the business and bankers resource". Any business requirements for opening these CDs?
Anonymous   |     |   Comment #95
There are no business requirements at CRESTMARK bank, and the individuals can buy their CDs from them. At least, that's what their CD administrator wrote to me in his e-mail.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #96
Victor, Thanks for the info. I'll post on Crestmark's CDs tomorrow. Thanks, -Ken
Anonymous   |     |   Comment #97

Found the Citi add this morning...
Banking Guy
Banking Guy (anonymous)   |     |   Comment #98
Victor, I posted on Crestmark here. Thanks!

Anonymous, thanks for the note on Citibank. I've posted on it here.
Anonymous   |     |   Comment #99

SC State Credit Union is offering two interesting CDs,
one, 4-year, 5.41%APY - and another 5-year 5.51%APY.. The SC SCU has a charter number 60919 to look up their info at NCUA database.

Anonymous   |     |   Comment #100
Great Rates , As Usual!
13-Month CD 5.30% APY*
10-Month CD 5.10% APY*
6-Month CD 4.90% APY*

No teaser rates ... they're the real deal!
For balances of
$1 million or more
4.50% APY*
For balances of
4.25% APY*
For balances of
3.51% APY*
To take advantage of these great rates, you just need to open the account with funds from another financial institution and have or open a VCB checking account. Count on Virginia Commerce Bank for top-tier rates and truly exceptional service.

Community Banking at its Best!

* Annual Percentage Yield (APY) accurate as of March 28, 2006 and subject to change. CD minimum opening deposit is $15,000 for all terms and a penalty may be imposed for early withdrawal. These CDs and our MEGA Money Market Account are available for both businesses and consumers. IRA CD’s are for consumers only. The MEGA Money Market interest rate earned is variable and based on the following balance tiers: $1,000,000 and higher earns 4.50% APY; $100,000 to $999,999 earns 4.25% APY; $25,000 to $99,999 earns 3.51% APY; less than $25,000 earns 1.00% APY. Maintain a $2,500 minimum balance to avoid a $10.00 monthly maintenance fee. Transaction limits apply. Fees could reduce earnings. To qualify for these promotional offers, new VCB checking account opening deposit must be at least $1,000. Ask for details. Member FDIC.
ipoopedmyself (anonymous)   |     |   Comment #101
Here's a 10% cd from tenet credit union. Details at:

TenetCU is offering a limited-time 10% Annual Percentage Yield (APY) Share Certificate* to all Tenet employees and their family members. All you need to do is open a new TenetCU Checking account with a minimum $500 payroll deposit per pay period and a minimum opening Share Certificate deposit of $500**.

*Limit one 10% APY Share Certificate per checking account holder. Offer valid 2/1/06 and is subject to change without notice. New TenetCU checking account is subject to ChexSystem verification.

**One year, non-renewable term (penalty for early withdrawal). Additional deposits can be made in $100.00 increments throughout the term (dividends accrue from date of deposit) to a maximum deposit of $2,500. Must be opened within 30 days of opening your TenetCU Checking Account.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #102
Thanks Victor, anonymous and ipoopedmyself. Those are 3 good CD deals. I will post on these tomorrow.

The 10% CD is maxed at $2.5K for a 1-year CD. But this nets you an extra $125 (over a 5% 1-year CD) which is a decent deal.
Anonymous   |     |   Comment #103
Everbank Freenet Checking account is 5.51% as of April 1st, rate guaranteed for 3 months. One account per household, 100K max.
Anonymous   |     |   Comment #104

SRP Fed CU, SC is offering
5-YR,5.64%APY,$500-min CD. FOM is limited to several SC counties.
Anonymous   |     |   Comment #105
I called today on the Dime Savings 6% Rewards Money Market Account and was told that this offer is for the Valley Stream Branch only.
Sree (anonymous)   |     |   Comment #106
National1st Credit Union got new 5.39%APY CD(24months)

Details http://www.national1st.org/WebFederal.asp?Cabinet=Home&Drawer=Main&Folder=About+Us&SubFolder=News#promo

Min./Max. Deposit
Maximum Amount Earned

$5,000 to $100,000
Up to $11,070
Carol from California
Carol from California (anonymous)   |     |   Comment #107
Today's Ventura(CA) Star has an ad from IndyMac Bank for a 5% Prime Indexed money market with $1,000 min. and a checking acct.There is a Value checking acct with a $100. min and no fees available. This is available to both new and existing customers,but valid at only Camarillo and Ventura branches. This offer is good until 5/31/06 and makes no mention of phone or online opening. Phone:(805)465-1053 &(805)677-2300.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #108
Thanks everyone for the posting the deals! I'll post on these tomorrow.

Interesting to see National1st Credit Union has another nice CD promo. It's not as nice as the 7.25% promo, but it's a very competitive rate.

About Dime Bank, I've added a comment about this limitation with the post. Thanks!
John (anonymous)   |     |   Comment #109
A local credit union here is offering 8% on a 12 month cd. Of course you have to meet certain terms...
Anonymous   |     |   Comment #110

World savings is offering a 5-month 5.01%APY, new money only,CD now. Looks like one can apply on-line. At least they have the "Apply Now" button there.
Anonymous   |     |   Comment #111
World Savings, 6Mo CD, 5.26%APY. I opened acct with 100K on 4/4/06. Read about this earlier but didn't have the funds. I told my sister about it and she opened the CD's last week in Fresno, CA. It wasn't that easy for me at my hometown bank, because WS couldn't get the computer to accept the rate. WS refused at first until I told manager that my sister just opened the CD's in Fresno CA. She called some folks and ended up finding the unadvertised brochure, and she even made copies for me. She was very helpful after finding the rate to be true. Perseverance pays off.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #112
Thanks for the World Savings updates and info! I like it much better when they list the CD specials on the website so there's no confusion about the promotion.

John, thanks for the Paragon FCU CD note. Another important note about the 8% is that the max deposit is $2K. Compared to a 5% CD for one year, that's only about $60 extra. But that's not too bad.

I'll be posting on these tomorrow. Thanks!
Anonymous   |     |   Comment #113

Hello Ken,
An old friend Medows CU is offering now a 5.12% 6-month, new money only, $1K min CD.
Best Regards,
Anonymous   |     |   Comment #114

Bank of Internet is now offering what they call The perfect CD ladder, with CDs maturing from 12 to 60 months, and 5.16%APY, $1K min. each.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #115
Victor, thanks for the info. The Meadow's CD is an excellent deal. That was actually my weekly summary highlight last weekend. Here's the post.
Anonymous   |     |   Comment #116
Nittany Bank

2 Variable Rate CDs.

scottj61 (anonymous)   |     |   Comment #117
The First National Bank of Ipswich had an offer in the Boston Globe on 4/9/2006 for a 10 month 5.25% CD with only a $1,000 min. Offer will be good from 4/12-4/16 only. Not sure if you must go in but they have branches in Boston and north of Boston
Anonymous   |     |   Comment #118
Here's one you may be interested in: http://www.mycccu.com/common/new/108.html

Earn 6.00% APY* with our Special 7-Month Certificate1 on $2,500.
This offer is limited to your first Certificate Account.
One account per member with new money only †.

Earn 5.00% APY* with our Special Money Market Account2
for 6 months up to $2,500.
This offer is limited to your first Money Market Account.
One account per member with new money only †.
($1,000 minimum to open)

Not yet a member?
> Apply now for CCCU Membership to take advantage of special offers!

Already a member?
> Download the form to open your account.

*APY = Annual Percentage Yield assumes that dividends remain in the account until maturity.
†New money is money that is not already on deposit at CCCU. Funds on deposit can not be withdrawn and re-deposited in order to obtain the Certificate and Money Market Account. CCCU reserves the right to make the sole judgment as to whether or not the deposited funds are considered new money.
1. A $2,500 balance is required for the Special 7-Month Certificate which will earn 6.00% APY. A penalty will be imposed on early withdrawals from certificates.
2. Minimum deposit to open is $1,000. Special Money Market Account earns 5.00% APY for six months on balances between $1,000 to $2,500. Balances that fall below $1,000 or balances over $2,500 and after the six-month introductory period will earn the current variable Money Market Account APY. Unlimited withdrawals from the account, if made by mail or in person and payable directly to you. Withdrawals or transfers made by mail or in person and payable to a third party are limited to six per calendar month (3 can be by check). There is an $8 monthly fee on Money Market Accounts when the daily balance falls below $1,000 any time during the month.

Account rates and terms effective 04/09/06 and are subject to change without notice.
Anonymous   |     |   Comment #119
Here's another one that you may be interested in: http://www.telcomcu.com/ASP/rates.asp

61 month 6.00 % APY CD -- $2500 minimum to open.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #120
scottj61, Thanks for the 5.25% CD comment! I posted on it here.

anonymous, Thanks for the 6% CD posts. The 6% CD at Telcom is particularly good since it doesn't have a maximum deposit limit and that CU has an easy FOM. I've posted on it here.
Anonymous   |     |   Comment #121
Suntrust Bank is offering a 13 month cd at 5.25% apr. 2k min deposit, add seen in the Richmond-Times Dispatch dated 4/9/06
Carol in California
Carol in California (anonymous)   |     |   Comment #122
Vineyard Bank(CA)advertises in today's L.A.Times,5.45% on a 9 mo. CD(min-$25,000) provided it is opened with either a checking or Super Now acct.(min balance $5,000)--- Without related accounts-5.20%. Offer good to California residents and new money only. www.vineyardbank.com
Leif Wickland
Leif Wickland (anonymous)   |     |   Comment #123
NetBank has a new promotion to receive a $25 gift card when opening a $5K 1-year CD with funds from another institution. I can be viewed under the "Special Offers" section.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #124
Leif, Thanks for the Netbank info. Is this "special offers" section listed when you are logged in? I assume this is for current Netbank customers?
Anonymous   |     |   Comment #125
Wauwatosa Savings Bank wsbonline.com has a CD special 9-22 months (choose a term) with 5.00% APY
Anonymous   |     |   Comment #126
Ad in 4/12/06 Philadelphia Inquirer. First Priority Bank is offering a 4.65% APY Money Market Account on $25,000.
Anonymous   |     |   Comment #127
Corus 1 yr is 5.23%! PY
Banking Guy
Banking Guy (anonymous)   |     |   Comment #128
Thanks for the info on the First Priority Bank in Philadelphia. Here's the link to their rates page. It's a pretty good deal. The 4.65% yield does require a $25K balance. They also have a decent 1-year CD at 5.05% APY.

Thanks for the Corus Bank update. Their 1-year 5.23% is just behind UmbrellaBank's 5.25%.
Anonymous   |     |   Comment #129
Another good rate on a 36 month CD that may be of interest to you --
36-Month Cerificate Min. Dep. $1,000 5.346% 5.454% APY
Min. Dep. $50,000 5.360% 5.469% APY

Banking Guy
Banking Guy (anonymous)   |     |   Comment #130
Thanks for the info on Pacific Resource CU. I posted on it here.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #132
Thanks Victor! I first noted Sharonview in January. I thought it was worthwhile to mention them again here. The new rates in July should make this even a better deal. Too bad they have a restrictive FOM.
Anonymous   |     |   Comment #133
13 month CD. $1000 minimum deposit. 5.25% APY FCCY, 1st Constitution Bank: 609-750-0200
Banking Guy
Banking Guy (anonymous)   |     |   Comment #134
Thanks for the info on FCCY. Is this 5.25% CD still active? The bank's home page states that the offer expires 4/15.
Anonymous   |     |   Comment #135
GMAC MM 4.75% now!
Banking Guy
Banking Guy (anonymous)   |     |   Comment #136
Thanks for the info on GMAC. I posted it here before I reviewed the comments.

Yesterday I had notice new GMAC rates were being posted at Bankrate before GMAC's website was changed. I had thought we would see these changes officially today.
Anonymous   |     |   Comment #137
OneUnited Bank, wich describes itself as "The First Black-Owned INternet Bank," is offering a 4.50% APY online savings account, $10 min. balance. Interest compounds/credits quarterly, no interest earned if withdrawn before end of quarter.

Link to offer: https://www.oneunited.com/OnlineBanking/OpenAccount.asp

Link to TIS disclosure: https://www.oneunited.com/disclosures/Online%20Truth%20In%20Savings%20Disclosure.pdf
Banking Guy
Banking Guy (anonymous)   |     |   Comment #138
Thanks for the info on OneUnited. I had missed your comment before I did my post. Sorry about that. I added your input into the comment. I also found some fees that are not too good from the disclosure.
Carol In Calif.
Carol In Calif. (anonymous)   |     |   Comment #139
Today's L.A. Times has a 24 mo. Advantage CD ad for Telesis Credit Union. The rate is 6% for the first 6 months, may change to the current Federal funds rate to maturity. Minimum opening is $2,500 to maximum $500,000, new funds only. This Southern California credit union has offices in Ventura County, Santa Clarita, and the San Fernando Valley. Field of membership applies to above residency, plus various employers across the country. NCUA insured.
Anonymous   |     |   Comment #140
Macdill Federal Credit Union is offereing a 27 month CD with an APY of 5.75% if opened before 29 April 06. $500 min.

Banking Guy
Banking Guy (anonymous)   |     |   Comment #141
Thanks for the Telesis CD deal and the MacDill CD deal. The Telesis CD deal is posted here and the MacDill CD deal is posted here.
Anonymous   |     |   Comment #142
Corus Bank 1 yr CD is now 5.30%
procol (anonymous)   |     |   Comment #143
Found this one on foot in New York City, which is not know for the best banking deals.

Rate Not listed online.


5.5 apy 1 year.

This is a Korean based bank, but is FDIC insured. Not sure if you have to go to a branch , but they have 2 in NYC and some in Queens.

Good luck.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #144
Thanks for the Corus update!

And thanks, procol, for the 5.50% CD info. I emailed the bank for additional info, and they were quick to reply. I posted on it here.
Anonymous   |     |   Comment #145
Pentagon Federal Credit Union now
has APY of 6% on 3, 4 and 5 year
Here is the link.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #146
Thanks for the comment on Penfed's new CDs. Very nice surprise to see these new rates. I've made a post here.
scottjm (anonymous)   |     |   Comment #147
International Bank of Chicago is offering a 5.61% on 2 year term. Checked them out on Bankrate and found they are small at only $141 million but Bankrate safe&sound rates them at 5 stars. Looks easy to open by mail by printing an online application which includes the option of listing beneficiaries
Banking Guy
Banking Guy (anonymous)   |     |   Comment #148
Thanks scottjm for the info on that Chicago bank. I added this info to the post. I guess there are no restrictions against out-of-state deposits?
Anonymous   |     |   Comment #149
We are writing to let you know that beginning May 1, 2006, your HSBCdirect Online Savings Account rate will change to 4.50% APY**. This is one of America's leading rates and still 8x the national average*, so you can continue to watch your money grow.
Jen (anonymous)   |     |   Comment #150
I can confirm the previous comment:

We are writing to let you know that beginning May 1, 2006, your HSBCdirect Online Savings Account rate will change to 4.50% APY**. This is one of America's leading rates and still 8x the national average*, so you can continue to watch your money grow.

With HSBCdirect.com, there are no fees, no minimums, no lock-up period, and your money is FDIC insured.† You can stay confident your money is in the right place and earning the most it possibly can.

Add more money to your HSBCdirect Online Savings Account today at www.hsbcdirect.com and make the most of your savings.

Thanks for growing your money with HSBCdirect.

Your HSBCdirect Customer Service Team
Banking Guy
Banking Guy (anonymous)   |     |   Comment #151
Thanks for posting the HSBC email. I got the same one.

One thing to note is that they went down a lot less than ING Direct did (0.30% vs 0.75%)
Anonymous   |     |   Comment #152
I have been very happy with my accounts at Stearns Bank. Money Market Savings currently at 4.80% APY $100K minimum. CD's are $90K minimum but look at the rates:
30 Days - 4.85% APY
60 Days - 4.95% APY
90 Days - 5.04% APY
180 Days - 5.17% APY
Richinky (anonymous)   |     |   Comment #153
Huntington Bank Has a 5.20 APR CD for 11 months...I am very please with their service..Also a 6 month into money market at 4.50 %
Anonymous   |     |   Comment #154
UFB Direct @ 5%
It appears that UFB Direct is running a 5% promo for all new customers on their Jumbo Money Market account. The only Jumbo that I have seen with a $50K minimum balance. I know their rating isn't the greatness, but realizing that rating is due to the parent bank, I would be willing to give UFB Direct a shot - their rates have consistently been high.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #155
Thanks for the UFB Direct info. This is a good deal for their Jumbo MMA, I had a post on this several weeks ago. Their parent bank is being acquired, so hopefully, that'll help with their financials.
Anonymous   |     |   Comment #156
1st ConstitutionBank in Central New Jersey has a Super Savings account. 10k minimum earns 4.75%
Calls to Wendy or Dinelle, 609-750-0200
Anonymous   |     |   Comment #157
just saw ad in L.A. Times - Western Financial Bank money market account great rate; there's a high minimum balance of $25,000; but the rate is 4.8%. They were at 4.6% recently.
Anonymous   |     |   Comment #158
Yo Banking Guy - Citibank is offering 5.00% apy on a 9 month CD
newlybornfirestarter (anonymous)   |     |   Comment #159
E*TRADE's New CD Rates:

3 Month CD 4.75%
[B]6 Month CD 5.21%[/B]
[B]1 Year CD 5.30%[/B]
2 Year CD 5.30%
3 Year CD 5.30%
5 Year CD 5.35%
Anonymous   |     |   Comment #160
Not really a bank or a credit union, but something to consider. Fidelity Brokerage accounts now pay 4.47% while your money is waiting for its next investment. Its so close to Emigrant I am no longer transfering my dividends, as I will actually lose money during the transfer time. This may change if the Emigrant rates go up.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #161
Thanks everyone for posting these deals. I've included many of them in my latest posts this morning.
Anonymous   |     |   Comment #162
I want to amend my Western Financial Bank post. I have a money market account with them, and I called them to make sure that my rate had increased to 4.8% and they said no - the 4.8% is for new money only. I went back to the ad and found that in very fine print. Western Financial Bank actually won't be taken over by Wachovia until next year. I have been through this with them before. They don't automatically raise all money market accounts. They have different rates on different accounts. I am thinking of moving my money to GMAC as I dislike this attitude of theirs of treating customers differently.
Anonymous   |     |   Comment #163
Zions Bank offers 4.71APR for it's internet MMA
Banking Guy
Banking Guy (anonymous)   |     |   Comment #164
Thanks for the info on Western Financial Bank. I forgot to mention that new money is required. I added a comment in this post with this info.

Thanks for the Zions Bank info. I've posted on it here.
Anonymous   |     |   Comment #165
has a $100 dollar bonus- National City Bank and it is online but requires direct deposit.
Anonymous   |     |   Comment #166
Metlife bank is now paying 4.25% plus a $50 bonus. Just a thought.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #167
Thanks for the info on National City Bank. It appears this bonus may have expired on 4/23?

Thanks for the MetLife Bank rate update. I posted on it here.
Anonymous   |     |   Comment #168
Nittany Bank in State College, PA has a 5.00% APY savings account called the Nittany Investors Fund$20,000 minimum.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #169
I misread the date on the National City checking account offer. However, the deal that I saw was for $50? Nevertheless, it's a decent deal. Here's my post. Thanks!

For the Nittany Bank 5% savings account deal. Thanks. I posted on that here.
Anonymous   |     |   Comment #170
Yes, 6 month CD 5.00% APY*

9 month CD 5.25% APY*

is still active. 609-750-0200

>>Thanks for the info on FCCY. Is this 5.25% CD still active? The bank's home page states that the offer expires 4/15.

By Banking Guy, at 4:37 PM, April 17, 2006
easy-money (anonymous)   |     |   Comment #171
6.50% APY 12-month CD

Interest Checking with Direct Deposit required

Limited offer, ends July 31

Exclusively at the HSBC Penn Station, NY branch at West end of LIRR Concourse

min to open $2500

max balance on CD deposit $100,000
Banking Guy
Banking Guy (anonymous)   |     |   Comment #172
Thanks easy-money for mentioning this great CD special. I've posted on it here.