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Selected category: CDs

EBSB Direct Is Offering A 19-Month CD at 1.61%

Earlier today, EBSB Direct began offering a 19-month CD a 1.61%. This rate is nationally offered and requires only a $1,000 minimum. At the time of this writing, this rate is higher than any nationally offered 18-month CD and as high as... Read →

FNBO is offering a market leading 4% APY on a 60 month (5 year) CD. To open the account you'll need to first open a savings account and then you'll be able to add the CD to the account.

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Hudson City Bank if offering a 2-year CD that pays 2.50% APY. That's the top 2 year CD rate according to the BestCashCow rate tables.

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Best CD rate remains 1.85% APY. Rewards checking offering 3.51% APY. Interest rate forecast is for rates to continue gradual decline.

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Washington Mutual has raised the rate on its 12 month CD to 4.50% APY, making it the top rate on the BestCashCow rate table.

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iGObanking.com is offering a competitive 9 month CD paying 4.15% APY.

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Weekly Rate Deal - Navy Federal Credit Union Offering 3% APY 12-Month CD Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Weekly Rate Deal - Navy Federal Credit Union Offering 3% APY 12-Month CD

This week, the banking deal we want to highlight is a 3% APY 12-month Special EasyStart CD offered by Navy Federal Credit Union. To understand how good a deal this is, the average 1-year CD rate according to BestCashCow data is 0.61% APY while the very best 12 month bank (not credit union) CD rate in our database is 2.01% APY.

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Savings and CD rates were flat last week with both average rates and top rates hardly moving at all.

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EverBank Returns to Its Earlier Monkey Business Following TIAA Acquisition

EverBank today launched a 3-year MarketSafe Emerging Currency CD. I could write ad nauseum here about how inappropriate this investment is for most unsuspecting investors. I could write about why it shouldn’t be called a Certificate... Read →
If you were smart, you took some or all of your money out of the stock market -- out of ETFs, indexes, emerging market mutuals, etc. -- and hunkered down into cash. We are in a recession and the sub-credit mess has seriously weakened the... Read →

The Fed cut discount rate today by 50 basis points (1/2 percent) to 5.75% signaling its concern over the credit crunch and attempting to reassure markets. This and rate increases on bank deposit products show the need that banks have to gain deposit dollars and maintain liquidity.

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Pentagon Federal Credit Union has a history of offering great rates on CDs for terms of 3 to 7 years. PenFed calls thse CDs Money Market Certificates, but they're just like any bank CD with a fixed rate for a specific term. They... Read →

ELoan has raised their CD rates and added an interesting promotion.

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Discover Bank raised the rates on its 60 Month (5 Year) and 48 Month (4 Year) Certificates of Deposit.

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Washington Mutual is now offering 12 and 13 month CDs at 5%.

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