Articles

Selected category: CDs

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.

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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.

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The rally that we saw in CD rates over the past four months appears to have pretty much exhausted itself. Short term and long term CD rates have remained flat over the past month. Online savings account averages have bumped up a bit as... Read →

Are bump-up CDs a worthwhile addition to a savings portfolio? Should you consider opening one? What exactly is a bump-up CD?

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How the government shutdown will impact savings and borrowing rates.

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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?

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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...

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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.

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I occasionally like to analyze the BestCashCow database to see how rates vary by state, bank size, etc. It's been awhile since I ran a rate analysis by bank size and by bank type (online versus brick-and-mortar) so I decided to update... Read →

Are CDs losing their place in a saver's portfolio? Savings data seems to suggest yes, at least for now.

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Share Plus Federal Bank in Plano, Texas is offering a 2% APY 12-month CD rate good for terms between 1-5 years.

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Top online savings rate @ 1.05% APY. Top online CD rate at 1.85% APY. Economy showing signs of life. Rate outlook: Unchanged.

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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.

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

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Savings and CD rates continue gradual decline. Sequestration and its impact on bank rates. Interest rate forecast says gradual decline will continue.

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