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Top CD Rate of 1.85% APY. Top online savings rate of 1.05% APY. Average bank rates continue decline. Is the U.S. economy headed for a crash and how you can protect your cash.
Read →Today's news from the EU is that Brussels determined that the Bank of Cypress should be reorganized in a manner leaving its depositors with losses of up to 30% of their deposits over insured amounts, and that the Laiki Bank should be "resolved" in a manner leaving its depositors with losses of up to 70% of deposits over insured amounts. Cypriot law had insured depositors to a Euro 100,000 level so the burden is falling largely on those depositors more wealthy than the average Cypriot, including wealthy and near-wealthy Russians who by many accounts now provide more than half of the deposits to Cypriot banks.
Read →Top national CD Rate steady at 1.85% APY, online savings steady at 1.05% APY. Cypress protects insured deposits. Rate forecast: more declines.
Read →The EU recently forced Cyprus to accept a bank bailout that takes the unprecedented step of forcing losses onto bank depositors. How does this impact U.S. savers?
Read →Top national CD Rate at 1.85% APY, online savings at 1.05% APY. What Cypress means to depositors. Rate forecast: stable.
Read →Cardinal Bank, headquartered in Mc Lean, VA and with 27 branches in the Washington D.C. metro area is offering a checking account that pays a 1.21% APY on balances up to $100,000.
Read →Top online savings rate @ 1.05% APY. Top online CD rate at 1.85% APY. Economy showing signs of life. Rate outlook: Unchanged.
Read →The Labor Department reported today that employers added 236,000 jobs in February, helping to lower the unemployment rate to 7.7%.
Read →Custodial savings accounts are bank accounts set up by a parent for a child that can contain either savings accounts, CDs, or a combination of both. Using them as a savings vehicle present several advantages and disadvantages.
Read →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.
Read →Melrose Co-operative Offering Best 1 Year CD Rate at 1.50% APY
Read →Getting a FHA mortgage was once the most affordable way for first-time mortgage borrowers to buy a home. But is that quickly changing?
Read →Rewards checking accounts provide their holders with a premium interest rate, a free checking account, and often ATM rebates in return for the owner undertaking certain activities specified by the bank.
Read →Savings and CD rates continue gradual decline. Sequestration and its impact on bank rates. Interest rate forecast says gradual decline will continue.
Read →Sustained, historically low interest rates have made CDs a less interesting part of an investor's portfolio, but can they still provide value when compared to a savings account?
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