Top CD Rate of 1.85% APY. Top online savings rate of 1.05% APY. Average bank rates continue decline. Is the U.S. economy headed for a crash and how you can protect your cash.
Posted on April 01, 2013 by
Sol Nasisi
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Today's news from the EU is that Brussels determined that the Bank of Cypress should be reorganized in a manner leaving its depositors with losses of up to 30% of their deposits over insured amounts, and that the Laiki Bank should be "resolved" in a manner leaving its depositors with losses of up to 70% of deposits over insured amounts. Cypriot law had insured depositors to a Euro 100,000 level so the burden is falling largely on those depositors more wealthy than the average Cypriot, including wealthy and near-wealthy Russians who by many accounts now provide more than half of the deposits to Cypriot banks.
Posted on March 25, 2013 by
Ari Socolow
Top national CD Rate steady at 1.85% APY, online savings steady at 1.05% APY. Cypress protects insured deposits. Rate forecast: more declines.
Posted on March 25, 2013 by
Sol Nasisi
The EU recently forced Cyprus to accept a bank bailout that takes the unprecedented step of forcing losses onto bank depositors. How does this impact U.S. savers?
Posted on March 18, 2013 by
Sol Nasisi
Top national CD Rate at 1.85% APY, online savings at 1.05% APY. What Cypress means to depositors. Rate forecast: stable.
Posted on March 18, 2013 by
Sol Nasisi
Cardinal Bank, headquartered in Mc Lean, VA and with 27 branches in the Washington D.C. metro area is offering a checking account that pays a 1.21% APY on balances up to $100,000.
Posted on March 12, 2013 by
Sol Nasisi
Top online savings rate @ 1.05% APY. Top online CD rate at 1.85% APY. Economy showing signs of life. Rate outlook: Unchanged.
Posted on March 11, 2013 by
Sol Nasisi
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
Sol Nasisi
Average CD rates dip while online savings remain steady. Top national CD rate at 1.85% APY. Top online savings rate at 1.05% APY. Rate forecast: continued slow decline.
Posted on March 04, 2013 by
Sol Nasisi
Melrose Co-operative Offering Best 1 Year CD Rate at 1.50% APY
Posted on February 27, 2013 by
Sol Nasisi
Getting a FHA mortgage was once the most affordable way for first-time mortgage borrowers to buy a home. But is that quickly changing?
Posted on February 27, 2013 by
CA Hagy
Rewards checking accounts provide their holders with a premium interest rate, a free checking account, and often ATM rebates in return for the owner undertaking certain activities specified by the bank.
Posted by
Sol Nasisi
Savings and CD rates continue gradual decline. Sequestration and its impact on bank rates. Interest rate forecast says gradual decline will continue.
Posted on February 25, 2013 by
Sol Nasisi
Sustained, historically low interest rates have made CDs a less interesting part of an investor's portfolio, but can they still provide value when compared to a savings account?
Posted on February 19, 2013 by
Michael Cancella
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
Sol Nasisi
