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CD Information

cdbuyer
cdbuyer   |     |   4 posts since 2011

Ken:  I have a suggestion that might make your collection of CD information a little easier to access.  In my experience, the most important pieces of information for a CD are 1) interest rate and yield, 2) EWP, 3) the health rating of the bank or CU and whether it is federally insured, and 4) how easily the interest is accessible to the owner.  One can usually find each of these data points by digging through your narrative posts relating to each institution, but only the institution name and the APY are available  in your pull-down summaries.  It seems to me that it would not be very difficult to organize your pull down summaries  of CD rates to present at least items 1-3 in a tabular fashion that would make it easier to evaluate the relative merits of each institution's offering.  As to EWP, for example, you could break them down into numbered categories that would be identified in a legend and then you could simply give the category number for the EWP that applied.  Just a suggestion for your consideration that might make a great web site even better.  It would, of course, be a lot of work to redo each pull  down list in this manner, but you might consider doing it gradually as you input new information about each institution's offerings.  Many thanks.




Ally6770
Ally6770   |     |   1,959 posts since 2010
I think to have this information, each disclosure would have to be read every day to verify that its rules have not changed. 
paoli2
paoli2   |     |   2,221 posts since 2011
Personally, I think Ken goes beyond the call of duty to provide us with as much necessary info that one needs.  If there is anything I need that isn't provided on DA, I know where to find it myself.  As another poster mentioned, it would also put a tremendous burden on Ken to keep the disclosures updated.  DA should be an educational vehicle for us so that we can have enough info and be able to do certain things for ourselves.