Financial Article and Resource List

Selected category: Savings

Duke Energy has begun to advertise an unsecured commercial paper program. While the company is offering yields that are as high as 1.51%, these notes are uninsured, and hence represent an inappropriate place to stash cash for most.
Posted on April 08, 2013 by
Custodial savings accounts are bank accounts set up by a parent for a child that can contain either savings accounts, CDs, or a combination of both. Using them as a savings vehicle present several advantages and disadvantages.
Posted by
New best online savings rate, savings and cd averages continue to fall, forecast continues to foresee rates falling for the next 10-16 months.
Posted on February 19, 2013 by
Salem Five Direct lowered their online savings account rate from 1.25% to 1.00% APY. It had been the highest online savings rate in the country.
Posted on February 13, 2013 by
Average bank rates trending down. Top savings account rate steady at 1.25% APY while top rewards checking at 3.51% APY.
Posted on February 12, 2013 by
Savings and CD rates continue to drop. Top national CD rate at 1.135% APY. Guess the top CD rate five years ago.
Posted on February 04, 2013 by
Belmont Savings Bank has broken ranks with the majority of banks and increased the rate of its PlatinumBlue Savings account from 1.10% APY to 1.15% APY. That's one of the best savings rates in the country.
Posted on January 08, 2013 by
In June 2011, ING Group agreed to sell ING DIRECT USA to Capital One for $9 billion. Since then, many ING Direct’s customers have feared that their beloved bank would change. Beginning February 2013, the bank will be known as Capital One 360, but what other changes will come in association with this merger?
Posted on November 18, 2012 by
With Obama's re-election to a second term, Bernanke's job as Chairman of the Fed is now safe. Akin to what Bernanke's been doing, the Fed will most likely continue to keep rates low and print more money.
Posted on November 14, 2012 by
Savings and CD rate trends, the impact of the fiscal cliff on savers, and my weekly rate forecast.
Posted on November 13, 2012 by
My weekly recap of savings and CD trends as well as news that might impact rates going forward. Happy Halloween.
Posted on October 26, 2012 by
The books have always told us the ideal macro story regarding how low rates bolster the economy by allowing borrowers to borrow and spend. But what’s the other not so ideal side of the story? If borrowers are the winners in this, then who are the losers?
Posted on September 15, 2012 by
Several online banks have increased their online savings or money market rates in the last six months. Is this a trend or an anomaly?
Posted on September 10, 2012 by
Citizens State Bank of Cadott, WI is offering a Variable IRA (VIRA) rate of 4.00% APY. The Variable IRA requires that you have a checking or savings account at the bank and make at least monthly transfers from one of those accounts into the IRA. There is no minimum transfer amount. The maximum total transfer amount is determined by IRA rules.
Posted on February 13, 2012 by
This week, I'm going to spotlight Liberty Bank & Trust, a 22 branch bank headquartered in New Orleans. Liberty is offering a 1.31% APY savings account with a $50 minimum balance.
Posted on February 06, 2012 by

Financial products of all nature bear inherent risks and this website is not a financial advisory service. BestCashCow.com provides information related to rates on US-based savings accounts, CD (certificates of deposit) rates, money market accounts, money market funds, government bonds, other bonds and income producing securities, commodities, equity securities, mortgage rates, home equity rates and auto loans rates, free of charge to internet users for their independent use. The accuracy of information on the website is not guaranteed, and no financial product of any sort is endorsed. On certain web pages, BestCashCow.com may contain discussion and analysis of the risks and rewards associated with certain financial instruments, including equity instruments, or may link to other pages with such discussions. The information should not be construed to provide investment advice. In fact, users are specifically warned against following any advice related to specific instruments, including advice that may be on other web pages linked from BestCashCow.com. Please seek personalized advice on the risks and applicability to your own circumstances of any financial product from a qualified professional. © BestCashCow.com, LLC, 2013.

This page was created in 0.1388 seconds.