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Interest Rates Rise: What it Means for CDs Image Acadia National Park, Courtesy Wikipedia

Interest Rates Rise: What it Means for CDs

Over the last two days, we have seen the 10 and the 30-Year US Treasury rates move higher. The financial media is saying they “spiked” but the 10-year US Treasury is now at 3.20% (from 3.00%) and the 30-year US Treasury is now... Read →
Could Trump Fire Fed Chairman Jay Powell? Image Courtesy: CrowdfundInsider.com

Could Trump Fire Fed Chairman Jay Powell?

It is very standard practice that the Chairman of the Federal Reserve is appointed to a 4-year term by the President of the United States. It is also custom that in between appointments, the President refrains from commenting on Federal... Read →
Sexy and Dangerous: Avoid the 3.50% Toronto Dominion Callable Step-Up CD Image Courtesy: Pexels

Sexy and Dangerous: Avoid the 3.50% Toronto Dominion Callable Step-Up CD

TD Ameritrade is sending out notices to some of its clients offering a new callable step-up CD offered by Toronto Dominion, its parent. This new product - which offers an initial 3.50% APY interest rate - is dramatically more sexy than... Read →

Downey Savings Bank is offering a whopping high rate of 4.68% APY on an 18-month CD. The bank has suffered in the mortgage meltdown as the its stock has gone from a 52 week high of $63 to a little over $2 today.

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The State Bank of India has upped the ante in the rate game and has bucked the trend of recent rate decreases. It now has the top 6 month and 12 month certificate of deposit (CD) rate.

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E Loan is waiving the early withdrawal penalty on CDs for the month of March. It may be helpful for consumers who need the cash but it's also a move by E Loan to phase out high yielding CDs.

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Goldwater Bank is offering a 3.03% APY 36-month CD with a minimum balance of $50,000. That's the best 36-month CD rate according to the BestCashCow rate table.

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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.

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Legacy Bank of Milwaukee is offering a 25-month CD for 2.95% APY. That's far higher than the highest 24-month CD rate of 2.30% and even higher than the best 36-month CD rate of 2.81% APY.

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I just spoke to a woman from the FDIC regarding Indymac CDs and she told me that holders have several options. They can...

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Savings rates showed little movement last week while CD rates continued to fall. Longer-term CDs led the decline. Savings Rates Average rates dropped slightly from 1.32% APY to 1.31% APY. The top non-promotional rate remains East... Read →

Credit Union CD Rates From 4% to 7.5% APY

Searching through the best CD rates, we found several credit unions offering CD rates above 4% and up to 7.5% APY. That's incredible in today's rate environment where even 3% APY sounds good. The catch - small minimum balances. The... Read →
Weekly Rate Deal - First Choice Bank Offering 2.80% APY 5-Year CD Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Weekly Rate Deal - First Choice Bank Offering 2.80% APY 5-Year CD

With average five year CD rates down to 1.60% APY according to BestCashCow's database, we went searching for yields that smashed the average. What we found was the highest bank rate in the land. First Choice Bank, headquartered in New Jersey is offering a 60-month CD paying 2.80% APY with a $1,000 minimum balance.

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Community Bank, with branches primarily in Mississippi is offering a 3.00% APY 15-month IRA CD. That's a terrific rate. The top 5-year CD at the moment pays only 2.75% and the top 12-month CD pays 2.01%. Average CD rates are even lower.... Read →

Melrose Co-operative Offering Best 1 Year CD Rate at 1.50% APY

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