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The mainstream press is catching on to something we've been writing about for some time, namely that banks are being forced to keep their rates high to prevent runs and to rebuild liquidity.
Analysis of how savings account rates and certificate of deposit rates (cds) are trending base on current and historical data.
ING has joined the rate raising crowd. Even though interest rates are projected to drop, banks are keeping their rates steady, or even raising them. I'm not complaining.
DollarSavingsDirect raised the rate on their online savings account from 3.75% APY to 4% APY, putting them at the top rate savings rate spot on the BestCashCow rate tables.
E-Loan is offering a 3.85% APY Savings account with a deposit of $100,000 and monthly deposits of $100.
WaMu now offers an online savings account with 4% APY.
The top financial information from the BestCashCow Website for the week ending on Friday, May 16, 2008.
Six months ago you could find a savings account or CD above 6%. Just a month ago you could find a rate above 5%. Soon, you'll be lucky to find a rate above 4%.
A review of changes in high yield CD rates and Savings rates listed on the BesstCashCow.com rate table.
Yields on short term treasuries are down and have been down for some time. Traders expect the Fed to drop rates. How is this important to you? Look for rates on savings accounts and short term...
This is the place to discuss experiences and observations related to Key Direct.
On Friday, August 17, Countrywide increased its offering on 3-month, 6-month and 1-year CDs above those offered by its competitors. E-Loan now has the most compelling 2-year and 3-year CD rates....
Someone, please answer this question! Why do the masses still stash their money in low rate savings accounts from the big banks like BofA, Citibank, and Chase? There is a big difference between...
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BestCashCow provides information on the best CD (certificates of deposit) rates, the best money market rates, the best savings rates, and more - as well as financial information that can help you make better decisions with your money.
|
Type
|
Top APY/Rate
|
Institution
|
|
4.00%
|
Dollar Savings Direct
|
|
|
2.21%
|
Vanguard
|
|
|
2.50%
|
EverBank / Umbrella Bank
|
|
|
3.15%
|
GMAC Bank
|
|
|
3.75%
|
GMAC Bank
|
|
|
3.50%
|
GMAC Bank
|
|
|
3.70%
|
MetLife Bank
|
|
|
3.80%
|
MetLife Bank
|
|
4.10% |
Acacia Federal Savings Bank |
|
|
4.50%
|
Acacia Federal Savings Bank
|
|
|
5.64%
|
US Treasury
|
|
|
3.37%
|
Northrop Grumman CU
|
|
|
3.87%
|
Western FCU
|
|
|
3.80%
|
Melrose CU
|
|
|
4.25%
|
Alliant CU
|
|
|
0.05%
|
Various brokerages
|
|
|
0.51%
|
Various brokerages
|
|
|
1.10%
|
Various brokerages
|
|
|
1.65%
|
Various brokerages
|
|
|
2.67%
|
Various brokerages
|
See more product and rate information
Where do you think Interest rates are going?
Analysis of CD, Savings, and Money Market Rate Trends.