Ken Tumin founded the Bank Deals Blog in 2005 and has been passionately covering the best deposit deals ever since. He is frequently referenced by The New York Times, The Wall Street Journal, and other publications as a top expert, but he is first and foremost a fellow deal seeker and member of the wonderful community of savers that frequents DepositAccounts.
Deal Summary: 24-month Relationship CD; 2.02% APY w/$10k+ balance in NASB checking account(s); lower APYs with smaller checking account balances; $1k CD minimum deposit.
North American Savings Bank (NASB) is offering a series of Relationship CDs with APYs dependent on checking account balances. This most competitive of the Relationship CDs is the 24-month, which will earn 2.02% APY when a minimum $10k balance is maintained in NASB checking account(s). The minimum opening deposit for the CD is $1k.
Deal Summary: 72-Month Super Saver Certificate, 3.04% base APY, $1k minimum; 60-month Term Share Certificate, 2.53% base APY; $1k minimum. Up to an additional 0.50% added to APYs through Relationship Bonuses.
Availability: Residents of five northeast Tennessee, three southwest Virginia, and four eastern Kentucky counties.
Last week, Appalachian Community Federal Credit Union (ACFCU) raised the rates on its 72-Month Super Saver Certificate (3.04% base APY) and 60-month Term Share Certificate (2.53% base APY). Both Certificates require a minimum deposit of $1k, with no stated balance cap.
Availability: Residents of portions of Nassau and Suffolk Counties, New York.
NEFCU (formerly known as the Nassau Educators Federal Credit Union) has just raised the rate on its 18-month Certificate (1.75% APY). The Certificate requires a minimum deposit of $1k, with no stated balance cap.
The 18-month Certificate has been part of the product line for less than two years. During that time there were four rate changes, but for more than a year the APY was stuck at 1.15%....
State Bank of Texas’ (SBT) has raised the rate on its 12-month Jumbo CD (1.55% APY, $100k minimum) and 12-month CD (1.45% APY, $25k minimum). SBT has been offering these products nationwide on-and-off for more than a year.
CSR stated that if you “bring a total of $200k, it will be split into two $100k CDs earning 1.575% APY."
According to CSR, the Early Withdrawal Penalty for the 12-month CD...
Availability: Easy membership requirement for residents of Louisiana, Arkansas, Mississippi, and Texas; Residents of Rapides Parish, Louisiana; Employees and retirees of several SEGs
Yesterday, Pelican State Credit Union (Pelican State CU) raised the rate on its 48-month Share Certificate (2.41% APY) and 60-month Share Certificate (2.61% APY). The minimum opening deposit for either Share Certificate is $500, with no stated balance cap.
Note: While Pelican State CU has separate Jumbo Share...
Deal Summary: 15-month CD Special (1.50% APY), $100 min/$1.5 million max, new money.
Availability: Market area includes Michigan’s Lower Peninsula, northeast and central Ohio, and northern Indiana.
In celebration of its 100th anniversary, Chemical Bank is offering a 15-month CD Special (1.50% APY). The minimum opening deposit is $100, with a maximum deposit per household of $1.5 million. The CD Special requires new money, which is defined simply as "funds not currently on deposit with Chemical Bank." This is a limited time offer, but no...
Deal Summary: 8-Month CD Special, 2.00% APY, $500 min/$250k max new money, TotalValue Premier Checking account required. Money Market Special, 1.35% APY (guaranteed until August 31, 2017), $1k min, checking relationship required.
Availability: Market area is 18 western New York counties.
Five Star Bank has added an 8-month CD Special that earns 2.00% APY. The minimum deposit is $500 of new money, with a balance cap of $250k. A TotalValue Premier Checking account, which is a variable rate account, is required to open the 8-month CD...
Deal Summary: Internet Only Jumbo CD Specials: 1-year (1.35% APY), 2-year (1.65% APY), 3-year, (1.85% APY), 4-year (2.00% APY), and 5-year (2.20% APY); $100k minimum deposit. Regular CDs earn the same APYs for the same term lengths, but require a $500 minimum deposit.
Kansas-based KS StateBank has raised the rates on all its Internet Only Jumbo CD Specials. The Jumbo CD Specials all require a $100k minimum deposit.
The “Notes” section for the Jumbo CD Specials on the Deposit Rates...