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Dime Bank is offering a 2.50% APY 15-Month IRA CD. That's very competitive for a CD of that term.

Sallie Mae is one of the newest entrants into the online banking industry. What can you expect from their online savings accounts and CDs?

Average CD rates were mostly flat this past week and the top cd rates did not change at all.

The spread between savings rates and CD rates hit a record this week as savings rates and short-term CD rates continued to decline while longer-maturity CDs held their return. The increasing spread indicates that banks are compensating longer-term deposits more now than ever before.

Most savings and CD rates hit record lows last week, except for the 5-year CD, which continued to show gains in yield. Average savings rates reached a new record low of 1.46% APY, down 1 basis point from 1.47% APY the previous week. Average one-year cd rates fell 3 basis points to 1.82% APY. Average three-year cd rates dropped two basis points to 2.61% APY.

iGOBanking.com is offering a 5-Year CD that pays 3.55% APY. That's currently the best 5-year cd rate according to the BestCashCow rate tables.

Is it investment efficient to accept CD penalties for early withdrawal, to reinvest if rates rise?

First Commons Bank, a new bank located in Newton, MA is offering a 1.5% APY on a 13-month breakable CD.

Franklin Synergy Bank is offering a 2.15% APY 12-Month CD. That's currently the best 1 year cd rate according to the BestCashCow rate tables.

Amtrust's recent seizure by the office of thrift supervision does not affect the yields of Amtrust Bank high yielding CDs from 2007 and 2008.

OneWest Bank is offering two flexible CD options, the Raise Your Rate CD and the Keep Your Options Open CD.

EBSB Direct is offering a 10-month CD that pays 1.77% APY with a minimum deposit of $1,000.