Articles

Cardinal Bank is offering a special 3-year CD that pays 1.67% APY. That's higher than any of the online CDs and one of the highest CD rates for that term anywhere in the country.

CIT Bank today launched a new RampUp line of flexible CD products. Three and four year RampUp CDs provide holders with a one-time opportunity to lock into a higher CD, if CD rates rise, during the term of the product. One and two year CD products are called RampUp Plus. In addition to the one-time rate increase, depositors can also do a one-time added deposit during the life of these terms.

First Choice Bank of NJ is offering a 5-year CD that pays 2.5% APY if it is opened with a Platinum Checking account.

Bank deposit rates have continued to move higher in 2014. View the top rates on savings and CDs and what we expect to happen during the rest of the year.

Goldman Sachs and other investment banks are currently syndicating an FDIC-insured CD offering from Goldman Sachs Bank USA. The product is interesting, but involves significant risks, including the risks of low long term rates and a 15 year maturity. Therefore, depositors should chose shorter term Bump-Up CDs from Ally or CIT over this product.

Credit Union West in Arizona is offering some very attractive rates on CDs and rewards checking accounts for those living in Maricopa or Yavapai counties.

I have recommended debt-side Structured Notes as instruments to add to a balanced portfolio, but Barclays Capital's latest offering is one that I particularly dislike.

Sol Nasisi, the President and Chief Rate Analyst at BestCashCow, provides his insight on what to expect savings rates to do in 2014. Helpful reading for anyone trying to decide where to put their cash in 2014.

The end of the year presents a good time for savers and investors to take stock of their financial position not only because it is a reflective period but because there are some very real financial deadlines associated with December 31. Missing them or not being aware of them could cost you a bundle. Here are a few things that every saver should do in the next couple of weeks, if you haven't done them already.

Pentagon Federal Credit Union (PenFed) upped the rate on its 5 and 7 year money market certificates (CDs) to 3.04% APY, the first return to 3% in a long while for the 5 year term.

How the government shutdown will impact savings and borrowing rates.

CD averages edged up again over the last month, the third month-in-a-row. Online savings account averages dropped slightly and a new bank took the top online spot. Should you open a CD or a savings account?

Last month, we reported on the first increase in 3 and 5 year CD rates that we had seen in over two years. We wondered if the trend would continue despite the Fed trying to talk rates down. The good news is that...

For the first time in over two years, the average rates on three and five year CDs rose in the past three weeks. This is both momentous in the savings world, and a yawn.