Featured Savings Rates

Popular Posts

Featured Accounts

Survey of the Best CD Rates for March 14, 2014


Survey of the Best CD Rates for March 14, 2014

Treasury yields were down quite a bit this week after reports were released showing continued low inflation and weak consumer sentiment. The political tensions in Ukraine are also putting downward pressure on yields. So far this year Treasury yields have trended down. There have been a few weeks when yields went up, but the down weeks have been more common. If this trend continues, the slow rise of CD rates that we’ve seen for the last several months may come to an end.

CD rates continue to show little movement. As has been typical, there were a few rate cuts and a few rate hikes this week.

Intervest National Bank’s 4-year CD rate decreased by 7 basis points to 1.58% APY.

Fort Knox Federal Credit Union cut the rate of its 46-month CD special by 20 basis points. It now has a 1.85% APY.

EverBank’s 4-year and 5-year CD rates increased by 4 basis points. Its 5-year CD now has a 2.14% APY.

There were a few nice additions this week.

First, Garden Savings Federal Credit Union came out with three nice CD specials: a 2.53% APY 5-year CD, a 2.02% APY 4-year CD and a 1.00% APY 6-month CD. This credit union is based in New Jersey, but it currently has an easy way for people in any state to join via an association.

The second addition is Franklin Federal Savings Bank’s 7-year and 6-year CDs with yields of 2.73% and 2.42%. For the last several weeks I’ve included this bank in the local table. Thanks to a DA reader, I learned that Franklin Federal is currently accepting out-of-state deposits by mail. As I described in my post, they don’t make it easy to open by mail, but it may be worth the work for those looking for a top long-term CD rate.

Two other additions are short-term CDs. The first is a 13-month CD special with a 1.10% APY at GE Capital Retail Bank. The bank has long been offering a 15-month CD special with a 1.15% APY. Thanks to the DA reader for pointing out this 13-month special.

The second short-term CD deal is a 1.25% APY 20-month CD at Northern Bank & Trust Company. The bank continues to offer a very competitive 3-year CD with a 1.60% APY.

The best nationally available short-term CD deal continues to be at Xceed Financial Credit Union which has a 17-month CD special with a 1.50% APY.

Local CD Deals

Most of the changes in the local CD tables were rate hikes or new additions.

One exception was the CD rate cut at Clifton Savings Bank in North New Jersey. Its 5-year CD yield was slashed from 2.50% to 2.05% this week.

It’s not a rate increase, but it’s a nice change. Fifth Third Bank extended the availability of its special 2% APY 6-year CD to include all of its market area. Previously, it was only available in Florida. This isn’t a great rate, but Fifth Third is a large regional bank with hundreds of branches in several eastern and midwestern states. This gives savers who prefer to bank at a branch more opportunities to get a 2% CD.

Two large credit unions increased their long-term CD rates. Security Service Federal Credit Union increased its 7-year Jumbo CD yield by 20 bps to 2.40%. This rate is available in parts of Texas. The other one is Wright-Patt Credit Union in Ohio. Its 6-year Jumbo CD yield increased by 16 bps to 2.45%.

I added two moderately good local deals this week. First, I added Florida Credit Union’s 3-year CD which has a 1.46% APY. This credit union is open to residents of many North and Central Florida counties. Second, I added Columbia Bank’s 7-year IRA CD which has a 2.30% APY. This is available to New Jersey residents.

Long-Term CD Break Strategy

For the short-term CDs in my lists, you might notice CDs with the note "5-year CD closed after X years". These take into account the yield after the early withdrawal penalty is applied.

If you want to compare the effective yields of other CDs after the early withdrawal penalties, please refer to our CD early withdrawal penalty calculator.

The risks of planning for early withdrawals of long-term CDs were highlighted by the deposit agreement change at Ally. The risks have also been seen at credit unions which have raised the early withdrawal penalties on existing CDs. I have more details in this blog post.

Note About the CD Survey

As I described in my rate table overview, you can use our CD rate tables to find the best rates for both nationally available CDs and local CDs. This CD survey blog posts are intended to highlight nationwide CD deals that may not be apparent in the tables. For example, I'll include the post-penalty yields of a few long-term CDs.

The CD survey blog posts are also intended to highlight the local CD deals that are available in large metro areas. There are many high CD rates, but most of these are at small banks in rural areas or at small credit unions with very narrow fields of membership. In these local CD surveys, my focus is on local CD deals that are in big cities or that are available in large areas of a state.

Yields Accurate as of March 14, 2014

Under 1-Year CD Rates

EverBank1.10% checking/MMA intro 6-month rate ($100K/$50K max)account review
Garden Savings FCU1.00% 6-month CDeasy membership
Connexus Credit Union1.00% 6-month CDw/active chk
Doral Direct0.91% 9-month CDaccount review
Bank5 Connect0.90% 6-month CDNot available to MA & RI residents
CapitalSource Bank0.90% ($10K) 6-month CD special
Doral Direct0.87% 6-month CDaccount review
Ally Bank0.87% 11-month No-Penalty CDsee account review

Noteworthy Local Deals - Under 1-Year CDs

HomeBanc1.50% 3-month CDCentral and West Central FL
Gulf Coast Federal Credit Union1.10% 6-month CDCorpus Christi, TX metro
Doral Bank NY1.00% 6-month CDNYC

1-Year CD Rates

Melrose Credit Union1.10% 1-year CD
GE Capital Retail Bank1.10% ($2K min) 13-month CDCD special
Connexus Credit Union1.10% 1-year CDw/active chk
CIT Bank1.05% ($25K min)add-on & bump-up 1-year CD
GE Capital Bank1.05% 1-year CD
CapitalSource Bank1.05% ($10K) 1-year CD special
AmTrustDirect1.05% 1-year CD
GE Capital Retail Bank1.05% ($25K min) 1-year CDFormerly MetLife
Ally Bank0.99% 1-year CD60-day early withdrawal penalty

Noteworthy Local Deals - 1-Year CDs

Generations Federal Credit Union 1.60% ($100K) 1.50% ($10K) 14-month CDSan Antonio, TX metro
Gulf Coast Federal Credit Union1.50% 12-month CDCorpus Christi, TX metro
South Florida Federal Credit Union1.26% 1-year CDSouth Florida
Security Service Federal Credit Union1.25% 13-month CDparts of Texas, lower rates in CO and UT
LOMTO Federal Credit Union1.20% 1-year CDparts of New York City
Doral Bank NY1.20% 1-year CDNYC
HAB Bank1.15% 1-year CDSouthern California
Beal Bank1.11% 1-year CDSoutheast FL
HAB Bank1.10% 1-year CDNYC metro

18-month CD Rates

Xceed Financial Credit Union1.50% 17-month CD
Barclays1.43% (2.15% 5-year CD closed after 18 months)see review & risks
Northern Bank & Trust Company1.25% 20-month CD
Ally Bank1.16% (1.60% 5-year CD closed after 18 months w/new ewp)see review & risks
GE Capital Retail Bank1.15% 15-month CD specialFormerly MetLife

Noteworthy Local Deals - 18-Month CDs

Gulf Coast Federal Credit Union1.65% 18-month CDCorpus Christi, TX metro
Doral Bank NY1.25% 18-month CDNYC
NEFCU1.20% 20-month CDLong Island, NY
Greater Nevada Credit Union1.20% 17-month IRA CDNorth Nevada
ABNB Federal Credit Union1.10% ($100K) 15-month CDNorfolk/Virginia Beach metro

2-Year CD Rates

Barclays1.61% (2.15% 5-year CD closed after 2 years)see review & risks
Northrop Grumman Federal Credit Union1.40% ($40K) 1.25% ($2.5K) 2-year CD
Melrose Credit Union1.36% 2-year CD
Ally Bank1.27% (1.60% 5-year CD closed after 2 years w/new ewp)see review & risks
Connexus Credit Union1.30% 2-year CDw/active chk
Bank5 Connect1.20% add-on 2-year CDnot available to MA & RI residents
CIT Bank1.20% ($25K min) add-on & bump-up 2-year CD

Noteworthy Local Deals - 2-Year CDs

Gulf Coast Federal Credit Union1.75% 2-year CDCorpus Christi, TX metro
Greater Nevada Credit Union1.70% 27-month IRA CDNorth Nevada
NavyArmy Community Credit Union1.70% ($100K) 1.40% ($1K) 2-year CDCorpus Christi, TX metro
Doral Bank NY1.45% 2-year CDNYC
LOMTO Federal Credit Union1.45% 2-year CDparts of New York City
Keesler Federal Credit Union1.50% ($100K) 1.40% ($1K) 2-year CDMississippi
BrightStar Credit Union1.25% 23-month CD (+0.25% w/chk relationship)parts of Southeast FL

3-Year CD Rates

Wilshire State Bank2.28% 3-year installment savings account w/auto xfers, $100K maxaccount review
Barclays1.79% (2.15% 5-year CD closed after 3 years)see review & risks
Connexus Credit Union1.75% 3-year CD w/active chk
Melrose Credit Union1.61% 3-year CD
Northern Bank & Trust Company1.60% 3-year CD
Navy Federal Credit Union1.55% ($100K) 1.50% ($20K) 3-year CDlimited membership
Intervest National Bank1.45% 3-year CD
CIT Bank1.40% ($100K) 1.27% ($1K) 3-year CD
Bank5 Connect1.30% 3-year CDnot available to MA & RI residents

Noteworthy Local Deals - 3-Year CDs

Greater Nevada Credit Union2.20% 37-month IRA CDNorth Nevada
NavyArmy Community Credit Union2.05% ($100K) 1.75% ($1K) 3-year CDCorpus Christi, TX metro
Gulf Coast Federal Credit Union2.02% 3-year CDCorpus Christi, TX metro
Transportation Federal Credit Union2.00% 3-year CDWashington DC metro
Spokane Teachers Credit Union (STCU)1.76% ($25K) 30-month CDWA State & parts of ID
Keesler Federal Credit Union1.65% ($100K) 1.55% ($1K) 3-year bump-up CDMississippi
ABNB Federal Credit Union1.60% ($100K) 39-month CDNorfolk/Virginia Beach metro
LOMTO Federal Credit Union1.60% 3-year CDparts of New York City
Doral Bank NY1.60% 3-year CDNYC
Department of Commerce FCU1.55% 3-year CDWashington DC
Florida Credit Union1.46% 3-year CDNorth/Central Florida

4-Year CD Rates

Garden Savings FCU2.02% 4-year CDeasy membership
NASA Federal Credit Union2.00% 49-month CD special
Barclays1.88% (2.15% 5-year CD closed after 4 years)see review & risks
Melrose Credit Union1.86% 4-year CD
Fort Knox Federal Credit Union1.85% 46-month CDConsumer-unfriendly history, see review
Navy Federal Credit Union1.80% ($100K) 1.76% ($20K) 4-year CDlimited membership
GE Capital Retail Bank1.80% ($100K) 1.70% ($2K) 4-year CDFormerly MetLife
CIT Bank1.75% ($100K) 1.65% ($1K) 4-year CD
Nationwide Bank1.72% ($100K) 1.67% ($500) 4-year CD
Communitywide Federal Credit Union1.70% 4-year CDaccount review
EverBank1.66% 4-year CD
San Diego County Credit Union1.65% ($90K) 4-year CD
Barclays1.65% 4-year CD
Intervest National Bank1.58% 4-year CD
Pentagon Federal Credit Union1.51% 4-year CD
Ally Bank1.30% Raise-Your-Rate 4-year CD

Noteworthy Local Deals - 4-Year CDs

Bank of Utica2.25% 4-year CDCentral New York
Bayer Heritage Federal Credit Union2.15% 4-year CDparts of WV, OH & SC
Institution For Savings2.00% 4-year CDparts of MA
Keesler Federal Credit Union2.00% ($100K) 1.90% ($1K) 4-year CDMississippi
Department of Commerce FCU1.80% 4-year CDWashington DC
MidFirst Direct1.75% 4-year CDAR, AZ, CA, FL, MO, NH, NV, NY, OK, TX, and WY
LOMTO Federal Credit Union1.75% 4-year CDparts of New York City
Police and Fire Federal Credit Union1.75% 4-year CDPennsylvania
HAPO Community Credit Union1.70% 4-year CDall of Washington State
Doral Bank NY1.65% 4-year CDNYC
Fifth Third Bank1.50% 4-year CD specialseveral eastern and midwestern states

5-Year CD Rates

Garden Savings FCU2.53% 5-year CDeasy membership
Navy Federal Credit Union2.30% ($100K) 2.25% ($20K) 5-year CDlimited membership
Stanford Federal Credit Union2.27% ($100K) 5-year CD, requires chk w/ddaccount review
GE Capital Retail Bank2.25% ($100K) 2.20% ($2K) 4-year CDFormerly MetLife
Mountain America Credit Union2.20% 5-year CD
CIT Bank2.20% ($100K) 2.00% ($1K) 5-year CD
Barclays2.15% 5-year CD
iGObanking.com2.15% 5-year CD
EverBank2.14% 5-year CD
Melrose Credit Union2.12% 5-year CD
GE Capital Bank2.05% 5-year CD
San Diego County Credit Union2.05% ($90K) 5-year CD
State Farm Bank2.05% 5-year CD, 2.10% IRA
State Bank of India - New York2.05% 5-year CD
Fidelity New Issue Brokered CD1.95% 5-year non-callable CDissued by GE Capital Retail Bk

Noteworthy Local Deals - 5-Year CDs

ABNB Federal Credit Union2.60% ($100K) 63-month CDNorfolk/Virginia Beach metro
Bank of Utica2.50% 5-year CDCentral New York
American Airlines Credit Union2.47% 5-yr/1.46% 2.5-yr CD ladderlimited membership
Bayer Heritage Federal Credit Union2.40% 5-year CDparts of WV, OH & SC
Progressive Credit Union2.32% 5-year CD (NYC with unique FOM)account review
Keesler Federal Credit Union2.30% ($100K) 2.20% ($1K) 5-year CDMississippi
Northwest Community Bank2.28% 5-year CDparts of Connecticut
BBVA Compass2.25% (w/relationship checking) 2.00% (w/o relation) 5-year CDparts of AL, AZ, CA, CO, FL, NM and TX
Security Service Federal Credit Union2.25% ($100K) 2.10% ($500) 5-year CDparts of Texas, lower rates in CO and UT
Credit Union West2.20% (IRA $50K) 1.95% (non-IRA $50K) 5-year CDPhoenix metro
MidFirst Direct2.15% 5-year CDAR, AZ, CA, FL, MO, NH, NV, NY, OK, TX, and WY
Dime Savings Bank2.10% 5-year CDNew York
Department of Commerce FCU2.10% 5-year CDWashington DC
Clifton Savings Bank2.05% 5-year CDNorth New Jersey

Over 5-Year CD Rates

Fidelity New Issue Brokered CD3.30% 10-year non-callable CDissued by GE Capital Bk, GE Capital Retail Bk
Navy Federal Credit Union2.80% ($100K) 2.75% ($20K) 7-year CDlimited membership
Franklin Federal Savings Bank2.73% 7-year CDaccount review
Fidelity New Issue Brokered CD2.65% 7-year non-callable CDissued by GE Capital Retail Bk
Apple Federal Credit Union2.60% 10-year CD
Navy Federal Credit Union2.45% ($100K) 2.40% ($20K) 6-year CDlimited membership
Franklin Federal Savings Bank2.42% 6-year CDaccount review
Apple Federal Credit Union2.20% 7-year CD
GE Capital Bank2.10% 6-year CD
Intervest National Bank2.07% ($95K) 2.05% ($2.5K) 10-year CD

Noteworthy Local Deals - Over 5-year CDs

Hutchinson Credit Union3.15% ($250K) 3.10% ($100K) 3.05% ($25K) 10-year CDKansas
PeoplesChoice Credit Union3.04% 10-year CDYork and Cumberland Counties of Maine
Frick Tri-County Federal Credit Union3.00% 10-year CDparts of Western PA
SACU2.90% ($90K) 2.85% ($10K) 10-year CDSan Antonio, TX
Dollar Bank2.75% 10-year CDPittsburgh and Cleveland
MidFirst Direct2.75% 7-year CDAR, AZ, CA, FL, MO, NH, NV, NY, OK, TX, and WY
Doral Bank NY2.70% 10-year CDNYC
Frick Tri-County Federal Credit Union2.50% 8-year CDparts of Western PA
MidFirst Bank2.50% 7-year CDAZ and OK
Hutchinson Credit Union2.50% ($250K) 2.40% ($100K) 2.30% ($25K) 6-year CDKansas
Wright-Patt Credit Union2.45% ($100K) 2.36% ($500) 6-year CDUS gov military and civilian personnel, Parts of OH
Security Service Federal Credit Union2.40% ($100K) 2.25% ($500) 7-year CDparts of Texas, lower rates in CO and UT
SACU2.40% ($100K) 2.36% ($10K) 7-yearSan Antonio, TX
Franklin Federal Savings Bank2.42% 6-year CDRichmond, VA metro
Columbia Bank2.30% 7-year IRA CDNew Jersey
Doral Bank NY2.30% 7-year CDNYC
Fifth Third Bank2.00% 6-year CD specialseveral eastern and midwestern states

Note: All rates listed above are Annual Percentage Yields (APY) which factor in compounding.

Related Pages: CD rates
Anonymous   |     |   Comment #1
What does everyone think about the 7 year CD from Midfirst Direct paying 2.75%?
Anonymous   |     |   Comment #2
Depends upon how they treat customers (look at reviews), penalty for earlier withdrawal, if one is over 70 1/2 and an IRA CD then that is positive since one could (normally) make a distribution w/o any penalty, etc.!  It is not only the rates is what I'm trying to say.  I'm in Calif and I'm not looking at it since, in part, too long except for IRA money...
Anonymous   |     |   Comment #3
Then again, 7 years from now and the rates are still in the dump, that same CD would have been a good choice. 
Hoody   |     |   Comment #4
That's they way I looked at it, it can't be much worse than having dealt with my 1%ers for the last 3 yrs, so I went for the 3.1 (3.05 rate) Navy 7 yr deal, how that will turn out is anybody's guess right now, besides IF they ever go back that high, I won't worry about the EWP.

I'm sure there are a few who's 5 and even 6%ers are coming due who are praying for some sort of parabolic rise, which doesn't look too promising.
jib2424   |     |   Comment #6
I'm starting to look at it this way, too.  Since 2009 I've been annually renewing 1 year CDs which are now paying around 1%.  Starting in January, I bought the 5 year Pen Fed at 3% and in February 7 year Navy at 3.05%.  Now I'm trying to decide if I should buy the 7 year Midfirst Direct at 2.75% (it has an EWP of 24 months interest).  What does everybody think, does the Midfirst Direct 7 year CD look like a good idea?
lou   |     |   Comment #12
I might use you as a contrarian indicator and go short from here on out.
jib2424   |     |   Comment #5
The EWP for the 7 year CD is 24 months interest.  In light of this, would it make sense to buy the 7 year CD?
Sylvia   |     |   Comment #7
In this case, you might want to look at the next highest rate available at a more moderate EWP, say, 180 days.  Apply the difference in rates to the CD value you're contemplating.  Are those extra dollars of interest worth the potential loss in liquidity?  Sometimes, I find it useful to look at not only the APY but also the resulting interest on CD value.
jib2424   |     |   Comment #8
Good point.  Thank you.
jib2424   |     |   Comment #11
Franklin Savings Bank has a 7 year CD paying 2.73%.  The EWP is 12 months interest.  Midfirst Direct has a 7 year CD paying 2.75% with an EWP of 24months interest.  Which would you buy?
QED   |     |   Comment #9
I agree with Ken that this Ukraine thing is a potential downer for rates.  America's current "peace through weakness" policy will only invite tyrants like Puty-Pute to flex their muscles and take whatever they can.  But the thing is, such activity roils the markets and puts a lid on growth.  Let's face facts, America is a toothless ****cat today.  Nobody fears us and most just laugh at us.  There's gonna be a lot of "hands in the cookie jar" during these next three years.  And meanwhile, rates will remain low despite the Fed's phase out of QE.

And BTW, I don't mean to sound insensitive about the tribulations of the Ukrainian people (and other people, too).  But they signed a treaty a few years ago with Russia and the USA which promised them territorial integrity in return for surrendering their nukes.  They trusted Russia and the USA.  They were crazy to have done that . . . . certifiably insane.  They made themselves weaker, then expected to be treated by the "big boys" as if they had become stronger.  Things simply "don't work like that"!!
Anonymous   |     |   Comment #10
Using your logic, then maybe Iran should be aloud to have their own nukes to.  To guard against being taken over by an aggressive nation, which ever one that might be.
Anonymous   |     |   Comment #13
A few months ago I did the 7 year callable at midfirst bank for 3%
jib2424   |     |   Comment #14
What do you think about the 7 year CD at Midfirst Bank for 2.75%?
Anonymous   |     |   Comment #15
Callable simply means the borrower (the bank in this case) wants protection against falling interest rates. I bet a lot of banks would love to go back a few years and reissue those 5% and 6% CD's as callable.
Anonymous   |     |   Comment #16
Also, a six month lock on a callable 7-year 3% CD when callable rates have already dropped to 2.75% does not bode well for the investor. MidFirst non-callable rate is 2.5%. I guess someone will have to write a callable, non-callable, EWP calculator!   
Anonymous   |     |   Comment #17
Is the 2.75% 7 year CD at Midfirst callable?
Anonymous   |     |   Comment #20
If they pull it after 6 months just means I had a 3% 6 month CD.
Anonymous   |     |   Comment #21
You are thinking of midfirst direct
Anonymous   |     |   Comment #22
Is the 2.75% 7 year CD at Midfirst Direct callable?
Anonymous   |     |   Comment #23
I would say it is not callable.
Anonymous   |     |   Comment #24
Thanks.  Is there any way I can be sure it is not?
Anonymous   |     |   Comment #25
They aren't callable but if I were you I would just call them and ask.  I myself refuse to do a 7 year for under 3%.
Anonymous   |     |   Comment #26
Do you think it is better to not do a 7 year for less than 3%?
Anonymous   |     |   Comment #27
The MidFirst Direct 7-year CD is not callable. It is, however, subject to a 24 month interest penalty on the amount withdrawn, whether it (the interest) is earned or not. So, if you close the CD at the two year mark you lose all interest. Close at the one year mark and you lose two years interest!
Anonymous   |     |   Comment #30
Based on this,  I think it is better that I not buy the Midfirst Direct 7year CD.  Do you agree?
Hoody   |     |   Comment #28
This is why savers are hosed, the numbers are being played like a shell game. They will play this game again this year and by the time any COLA is due it wiil be as it was the past few years

Inflation Misses By Most In 6 Months; Core CPI Drops To 10 Year LowAs long you don't eat, sleep under a roof, or use energy, things are positive for you as Core CPI dropped to its lowest in 10 years. Overall CPI dropped to 1.1% YoY - missing Bloomberg's estimate by the most since August. Thanks to the drought in California, food prices jumped; but energy costs overall fell despite fuel oil and other fuels rose 7% MoM (thanks to Winter storm demand). The heavily-weighted 'Shelter' index rose as did Healthcare costs.
Anonymous   |     |   Comment #29
I agree with you, 100%. 

The same thing I have been saying right along.  The real cost of living is being  totally distorted.  It is much, much higher than our government is actually indicating. 
Anonymous   |     |   Comment #31
What do you think about the GE Capital Retail Bank 5 year CD?
paoli2   |     |   Comment #32
I recently bought more of GE Capital from our brokerage for an IRA account.  They gave less than you can get by buying from the bank yourself because they have to account for their commissions which they insist they don't charge.  GE Capital had the best rate I could get for a 5 year CD on their list.  I checked Bankrate and Bauer ratings and they were still high.  I don't know what the EWP is for a 5 year CD with GE because I am not concerned about EWPs for brokerage CDs which are in the IRA.  You might want to check that out if you are buying it for a personal account.
Anonymous   |     |   Comment #33
Thanks for this.
Anonymous   |     |   Comment #34
Does everyone agree that one shouldn't buy a 7 year CD that doesn't pay at least 3%?
Anonymous   |     |   Comment #35
What does everyone think about the 7 year CD paying 2.73% at Franklin Federal Savings Bank?
Anonymous   |     |   Comment #36
What does everyone think about the 5 year CD at Garden State Federal Savings paying 2.53%?
Anonymous   |     |   Comment #37
I think you need to think what is best for you and not worry what anybody else thinks....... I don't think I would even consider a 7year right now.... I'm thankful I don't have anymore CDs maturing until 2015
Anonymous   |     |   Comment #38
The EWP at Franklin on 6 and 7 year CD is 12 months interest.
Anonymous   |     |   Comment #39
What if they decide to say you can't have your money back early?
Anonymous   |     |   Comment #41
Do you read the Franklin EWP to allow Franklin to say that?
Anonymous   |     |   Comment #42
What length, or duration, CD is the best deal right now?
Anonymous   |     |   Comment #40
I agree with you.  I'm just looking for advice regarding what to do.  I think you may be right about 7 year CDs, even the ones at Franklin that have only a 12 month interest EWP.