Bank Deals Blog: Nationwide Deals

Bank5 Connect’s 24-month Investment CD (2.10% APY) is actually an add-on CD, which permits unlimited deposits anytime during the term. The Investment CD has a $500 minimum and a $500k maximum opening deposit.

I’ve written about the 24-month Investment CD three times in the past 26 months. Interestingly enough, the current 2.10% APY is the same rate offered that was offered when the November 2017...

In the past five years, Indiana-based INOVA Federal Credit Union (INOVA) had been a prolific producer of great rates and hot deals, but in the recent past, INOVA’s rates have been somewhat lacking. As of this week, that changed with substantially increased rates (100 bps added) for the 18-month IRA (2.50% APY) and 18-month CD (2.25% APY). The minimum opening deposit for both is only $200.

You may have noticed a new nationally available money market making its debut in yesterday’s Best Bank Account Rates Summary. The Superior Money Market account was added to the Affinity Plus Federal Credit Union (Affinity Plus) product line earlier this month.

While the Superior Money Market’s 2.02% APY looks competitive at first glance, there are a couple of limitations that reduce its attractiveness....

Added to the product line in late September, Andrews Federal Credit Union’s (Andrews Federal) 13-month Share Certificate Special (SCS) is the newest of five SCS currently available. While its 2.15% APY wasn’t that competitive when the SCS was first introduced, it’s become more impressive as many other 1-year CD rates have fallen. Like all of the SCS, the 13-month SCS can be opened with a...

This blog post was prompted by a comment posted by DA reader, alan1, on this week’s CD Rates Summary.

Thank you, alan1, you are correct: Keesler Federal Credit Union (KFCU) has again expanded its field of membership (FOM) to include virtually all US citizens/resident aliens. I discuss this recent change in more detail in the "Availability" section below.

At the end of May, KFCU introduced its 30-month Step and...

As I was going through last week’s rate changes in preparation for today's CD Summary, I came across some nice CD rate increases at Affinity Plus Federal Credit Union (Affinity Plus). The 18-, 30-, and 60-month CDs were increased by a uniform 25 bps over the weekend, and now earn...

Now through January 31, 2020, SRP Federal Credit Union (SRP FCU) is offering a 9-month CD Special earning 2.50% APY. The minimum deposit is $500 of “new money from another financial institution,” with no stated balance cap.

The CD Special is also offered as an IRA (Traditional, Roth, and CESA), earning the same APY with the same funding requirements.

While the stated end-date is January 31, the fine...

Connecticut-based Patriot Bank is currently offering a promotional Online Money Market on a nearly nationwide basis. The Online Money Market earns 2.26% 2.21% APY on...

Now through February 17, 2020, Connexus Credit Union (Connexus) is offering a $250 bonus when opening a new Xtraordinary checking account using the promotion code, FREECHECKING. This offer is only available to members who do not have an existing Connexus checking account, or one that was closed on or after January 2, 2020, and is limited to one bonus per member.

According to the landing page, earning the...

What better way to start the New Year than with a nationally available CD offering 3.00% APY!

Although Financial Partners Credit Union’s (FPCU) 60-month Jumbo CD has been earning 3.00% APY for a few months, the easy membership requirement only became known to DA recently....