Bank Deals Weekly Summary for March 24, 2007 read and submit comments for this post

For the sixth consecutive meeting the Fed held the target for the fed funds rate at 5.25% this week. The big news this time was the change in the Fed's statement. There was no mention of "additional firming" would be needed to address the risk of inflation. As this CNN article describes, the significance of this omission is not clear. But it does seem to suggest there are worries that the housing problems could lead to a slowdown in the economy.

The increased chance of rate cuts for later this year seems to be putting downward pressure on CD and savings account rates. This week drops in savings account rates occurred at Direct Huntington and Corus Bank. CD rate cuts occurred at Presidential Bank, GMAC, Corus and Netbank. Most cuts were in the longer terms so the inverted yield curve seems to be growing once more.

EmigrantDirect reduced the rate on its My Way CDs from 5.20% to 5.10% APY. This is the same rate for all terms (6 months to 10 years).

World Savings reduced the rate on its internet special CDs by 5 basis points. The new rates are 5.51% APY for the 10-month CD and 5.40% APY for the 5-month CD.

One good CD deal this week with easy availability is at Northrop Grumman FCU. Early this month the 6-month certificate rate had a big jump. The yield is currently 5.71% APY for a minimum $40K deposit. A minimum deposit of $2.5K earns 5.45% APY. The 12-month CD is also very competitive with a 5.51% APY for the $40K minimum deposit. Note, rate changes are made every Tuesday, so it's hard to say if these will last. These have held for the last couple of weeks (see post).

A good money market deal this week is Capital One's Money Market account for Costco customers. Cap One increased the bonus for new accounts from $25 to $50. It doesn't have the best rate at 5.20% APY, but it has always remained competitive. Plus, it has some other perks that many of the savings accounts lack such as check writing with free checks (see post).

HSBC's 6% new money promo still has about 5 weeks left (see post). If you don't already have an HSBC account, you may be better off with other savings accounts that'll more likely give you a higher rate for the long term. See my discussion on this in last week's weekly summary.

For the list of local deals, refer to the local CD deal section below.

Thanks to all who have helped by leaving comments or sending emails on rate updates. Sorry I can't post on all of your suggestions.

The rates listed below are based on Annual Percentage Yield (APY). No minimum balances are required unless noted. MMA next to the rates indicate a money market account. Most MMAs have check writing and ATM cards. Online savings accounts usually lack both of these. The top lists include banks and credit unions with broad availability and with minimums around $10K or less. Previous weekly summaries are available for Mar 17th, Mar 10th, Mar 3rd, Feb 24th, Feb 17th, Feb 10th, Feb 3rd and Jan 27th.

As of March 24, 2007

Checking/Savings/Money Market Accounts:

• Checking/Savings Account Bonuses

• Geauga Savings Bank - 5.45% ($25K min), see post
• AmTrustDirect - 5.36% ($1K min), my post
• BankUnited - 5.35% (min $5K), my post
• UFB Direct - 5.31%, my post
• iGobanking - 5.30%, my post
• Zions Bank - 5.30% MMA (min $1K) (5.34% $50K+), my post
• OneUnited - 5.30% (min $1K), my post
• Apple Bank - 5.27%, my post
• WTDirect - 5.26% ($10K min), my post
• FNBO Direct - 5.25%, my post
• E-LOAN - 5.25% ($5K min), my post
• AmboyDirect - 5.25% (5.35% for $20K+), my post ($25 bonus)
• Transportation Alliance Bank - 5.25% (5.15% for MMA), ($25 min), my post
• Presidential Bank - 5.25% (min $5K, only first $35K receives this rate), offers 4.50% checking, my post
• Countrywide - 5.25% (min $10K), (5.40% $50K+) my post
• CapitalOne/Costco - 5.20% MMA (min $5K, Costco members only, $50 deal for exec. members)
• Direct Huntington - 5.20% ($1K min), my post
• FirstFedDirect - 5.16% (min $1K) (closed to CA residents), my post
• Discover Bank - 5.14% MMA (min $10K)
• MyBankingDirect - 5.10% MMA (min $5K), my post
• Mutual Bank - 5.10% MMA (min $5K), my post
• GMAC Bank - 5.10% MMA (min $500), my post
• EmigrantDirect - 5.05%, my post, (rate history)
• HSBC Direct - 5.05%, (6% new money promo and $75 checking bonus), my post
• ETrade Bank - 5.05%, my post ($25 bonus)
• Corus Bank - 5.04% MMA (min $10K to open)
• Tennessee Commerce Bank - 5.01% (min $10K), my post
• EverBank - 5.01% ($1.5K min), 6.01% 3-mo promo, my post
• Washington Mutual - 5.00% (requires checking), my post
• ebank - 5.00% Checking ($2.5K min), my post
• CapitalOne - 5.00% (MMA has same rate, but with checks and ATM. $100 min.), my post
• UmbrellaBank.com - 4.95% MMA (min $1K) (5.10% $50K+), offers checking, my post
• Citibank - 4.75%, requires checking account, my post ($200 bonus)
• Self-Help Credit Union - 4.68% MMA (min $500), my post
• VirtualBank - 4.60% (min $100), (4.86% $50K+/ 5.13% $100K+) offers checking, my post ($20 bonus)
• NetBank - 4.50% MMA ($500 min), 6-month intro rate, my post ($250 deal)
• ING Direct - 4.50%, (4% checking), my post ($25 bonus)
• GE Money - 4.50% (min $4K), (5.05% for $15K+), my post ($25 bonus)
• MetLife Bank - 4.40% MMA (min $5K), my post ($50 bonus)
• Imperial Capital - 4.20% MMA ($2.5K min), offers free checking, my post

3-Month Certificates of Deposit:

• EverBank - 6.01% ($1.5K min), checking account promo, see post
• VirtualBank - 5.44% (min $10K), my post
• TD Ameritrade - 5.40% (min $10K), my post - $100 bonus
• UFB Direct - 5.30% (min $8K)
• Countrywide - 5.30% (min $10K), my post
• Imperial Capital - 5.30%, ($2K min), my post
• FirstFedDirect - 5.26% (min $10K), my post
• IndyMac Bank - 5.25% (min $5K), my post
• GMAC Bank - 5.15% (min $500), my post
• Corus Bank - 5.04% (min $10K)
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• ETrade Bank - 5.00% (min $1K), my post
• UmbrellaBank.com - 5.00% (min $1K)
• Self-Help Credit Union - 4.97% (min $500), my post

6-Month Certificates of Deposit:

• Northrop Grumman FCU - 5.71% (min $40K), my post
• IndyMac Bank - 5.50% (min $5K), my post
• FirstFedDirect - 5.46% (min $10K), my post
• VirtualBank - 5.44% (min $10K), my post
• NetBank - 5.40% (min $1K)
• Ascencia Bank - 5.40% (min $500)
• World Savings - 5.40% (min $10K) (5-month), my post
• AmTrustDirect - 5.36% (min $1K) my post
• E-LOAN - 5.35% ($10K min), my post
• NASA FCU - 5.35% (7 months) (min $1K), my post
• Imperial Capital - 5.35%, ($2K min), my post
• Tennessee Commerce Bank - 5.30% (min $5K)
• iGobanking - 5.30% (min $500), my post
• Countrywide - 5.30% (min $10K), my post
• Corus Bank - 5.30% (min $10K)
• UFB Direct - 5.25% (min $8K)
• HSBC Direct - 5.25% (min $1K), new money only
• UmbrellaBank.com - 5.20% (min $1K)
• EverBank - 5.20% ($1.5K min)
• Self-Help Credit Union - 5.19% (min $500), my post
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• ETrade Bank - 5.15% (min $1K), my post
• GMAC Bank - 5.15% (min $500), my post
• Washington Mutual - 5.10% (min $1K), rates vary by state
• EmigrantDirect - 5.10% (min $1K)
• ING Direct - 5.00%, my post
• Wells Fargo - 4.90% (5 months) (min $5K), rate and min vary by state, my post

9-Month Certificates of Deposit:

• World Savings - 5.51% (min $10K) (10-month), my post
• Spectrum FCU - 5.50% (min $5K) 5.65% IRA, my post
• AmTrustDirect - 5.36% (min $1K) my post
• FirstFedDirect - 5.35% (min $10K), my post
• Imperial Capital - 5.35% ($2K min), my post
• Countrywide - 5.20% (min $10K), my post
• EverBank - 5.20% ($1.5K min)
• VirtualBank - 5.18% (min $10K), my post
• UmbrellaBank.com - 5.18% (min $1K)
• IndyMac Bank - 5.15% (min $5K), my post
• GMAC Bank - 5.15% (min $500), my post
• EmigrantDirect - 5.10% (min $1K)
• ING Direct - 5.05%, my post

12-Month Certificates of Deposit:

• Northrop Grumman FCU - 5.51% (min $40K), my post
• AmTrustDirect - 5.41% (min $1K) my post
• FirstFedDirect - 5.40%, (min $10K) my post
• Transportation Alliance Bank - 5.40% ($1K min)
• Washington Mutual - 5.40% (min $1K), my post
• Ascencia Bank - 5.40% (min $500)
• Tennessee Commerce Bank - 5.35% (min $5K)
• Imperial Capital - 5.35% ($2K min), my post
• AmboyDirect - 5.35% (min $10K), my post
• Mutual Bank - 5.35% (min $2.5K) my post
• E-LOAN - 5.35% ($10K min), my post
• NetBank - 5.35% (min $1K), my post ($100 bonus)
• Navy FCU - 5.30% ($20K min) restrictions to membership, my post
• Corus Bank - 5.30% (min $10K)
• iGobanking - 5.30% (min $500), my post
• Melrose CU - 5.30% (min $5K) my post
• La Jolla Bank - 5.30% (min $10K), my post
• UmbrellaBank.com - 5.25% (min $1K)
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• GMAC Bank - 5.20% (min $500), my post
• ETrade Bank - 5.16% (min $1K), my post
• UFB Direct - 5.15% (min $8K)
• IndyMac Bank - 5.15% (min $5K), my post
• VirtualBank - 5.15% (min $10K), my post
• Countrywide - 5.15% (min $10K)
• EverBank - 5.13% ($1.5K min)
• ING Direct - 5.10%, my post
• EmigrantDirect - 5.10% (min $1K)
• Self-Help Credit Union - 5.05% (min $500), my post
• GTE FCU - 4.96% (min $500) (add-on feature) my post

14/15-Month Certificates of Deposit:

• Navy FCU - 6.00% (15 months) ($8K min) restrictions to membership, my post
• Patelco Credit Union - 5.75% (14 months) ($1K min), not NCUA insured, my post
• NASA FCU - 5.50% (15 months) (min $2K) (5.75% for IRA), my post

18-Month Certificates of Deposit:

• E-LOAN - 5.40% ($10K min), my post
• iGobanking - 5.30% (min $500), my post
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• Imperial Capital - 5.20% ($2K min), my post
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• AmTrustDirect - 5.15% (min $1K) my post
• EmigrantDirect - 5.10% (min $1K)
• GMAC Bank - 5.05% (min $500)
• Countrywide - 5.00% (min $10K)
• Mutual Bank - 4.85% (min $5K) my post
• ETrade Bank - 4.80% (min $1K), my post
• UmbrellaBank.com - 4.75% (min $1K)

24-Month Certificate of Deposit:

• Bank of Internet - 5.48% (min $1K) my post
• Mutual Bank - 5.47% (min $5K) my post
• Navy FCU - 5.40% ($20K min) restrictions to membership, my post
• Transportation Alliance Bank - 5.35% ($1K min)
• E-LOAN - 5.30% ($10K min), my post
• Melrose CU - 5.25% (min $5K) my post
• Imperial Capital - 5.20% ($2K min), my post
• NetBank - 5.20% (min $1K), my post ($100 bonus)
• Presidential Bank - 5.13% (min $1K)
• GMAC Bank - 4.95% (min $500)

36-Month Certificate of Deposit:

• Pentagon Federal CU - 5.50% (min $1K), my post
• Agriculture FCU - 5.50% (min $1K), my post
• Bank of Internet - 5.48% (min $1K) my post
• Mutual Bank - 5.47% (min $5K) my post
• Navy FCU - 5.45% ($20K min) restrictions to membership, my post
• First State Bank - 5.35% ($1K min), my post
• Transportation Alliance Bank - 5.35% ($1K min)
• E-LOAN - 5.25% ($10K min), my post
• Melrose CU - 5.20% (min $5K) my post
• Fort Belvoir FCU - 5.18% (min $1K), my post
• NetBank - 5.15% (min $1K), my post ($100 bonus)
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• EmigrantDirect - 5.10% (min $1K)
• Imperial Capital - 5.00% ($2K min), my post
• AmTrustDirect - 5.00% (min $1K) my post
• GMAC Bank - 4.95% (min $500)
• Countrywide - 4.90% (min $10K)
• ETrade Bank - 4.80% (min $1K), my post
• Self-Help Credit Union - 4.77% (min $500), my post
• UmbrellaBank.com - 4.75% (min $1K)

48-Month Certificate of Deposit:

• Pentagon Federal CU - 5.50% (min $1K), my post
• Navy FCU - 5.50% ($20K min) restrictions to membership, my post
• Agriculture FCU - 5.50% (min $1K), my post
• First State Bank - 5.35% ($1K min), my post
• USA FCU - 5.33% (min $1K) my post
• Fort Belvoir FCU - 5.29% (min $1K), my post
• Melrose CU - 5.25% (min $5K) my post
• E-LOAN - 5.25% ($10K min), my post
• Transportation Alliance Bank - 5.23% ($1K min)
• NetBank - 5.15% (min $1K), my post ($100 bonus)
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• EmigrantDirect - 5.10% (min $1K)
• GMAC Bank - 4.95% (min $500)
• Countrywide - 4.90% (min $10K)
• Self-Help Credit Union - 4.77% (min $500), my post
• UmbrellaBank.com - 4.75% (min $1K)

60-Month Certificate of Deposit:

• Agriculture FCU - 5.75% (min $1K), my post
• Pentagon Federal CU - 5.74% (min $1K), my post
• Navy FCU - 5.70% ($20K min) restrictions to membership, my post
• Fort Belvoir FCU - 5.44% (min $1K), my post
• USA FCU - 5.38% (min $1K) my post
• First State Bank - 5.35% ($1K min), my post
• Melrose CU - 5.30% (min $5K) my post
• Transportation Alliance Bank - 5.30% ($1K min)
• E-LOAN - 5.25% ($10K min), my post
• VirtualBank - 5.15% (min $10K), my post
• NetBank - 5.15% (min $1K), my post ($100 bonus)
• Members Credit Union - 5.13% (min $2K), my post
• Presidential Bank - 5.13% (min $1K)
• AmTrustDirect - 5.10% (min $1K) my post
• Washington Mutual - 5.10% (min $1K), rates vary by state
• EmigrantDirect - 5.10% (min $1K)
• Imperial Capital - 5.00% ($2K min), my post
• ebank - 5.00% (min $1K), 5.35% for ePremium checking customers
• GMAC Bank - 5.00% (min $500)
• Countrywide - 4.90% (min $10K)
• ETrade Bank - 4.90% (min $1K), my post
• Self-Help Credit Union - 4.79% (min $500), my post
• UmbrellaBank.com - 4.75% (min $1K)

84-Month Certificate of Deposit:

• Navy FCU - 6.00% ($20K min) restrictions to membership, my post
• Pentagon Federal CU - 6.00% (min $1K), my post
• EmigrantDirect - 5.10% (min $1K)
• Countrywide - 4.90% (min $10K)

High Rates with Conditions / Large Balances - Open to All

• 10% Affinity Savings Account for kids ($500 max)
• 6.01% Everbank 3-month intro rate on checking account
• 6.00% HSBC Savings Account New Money Promo
• 6.00% Money Market Account at Lockheed FCU ($10K Max)
• 5.54% Money Market Account with $250K initial deposit
• 5.40% Personal and Business Money Market Account with $100K balance
• 5.36% Money Market Account at Bank of America with $50K+

Checking and Saving Accounts at Local Banks/Credit Unions

• 7.50% Checking/Savings Account up to $500 (Washington State)
• 6.10% Reward Checking Account at a Nevada CU (Clearstar Financial)
• 6.01% Checking Account up to $25K (Little Rock)
• 6.01% Checking Account up to $25k (Arkansas)
• 6.00% Checking Account (Washington State)
• 6.00% Money Market Account Intro Rate in New Jersey
• 6.00% 3-Month Money Market Promo at Amboy New Jersey
• 5.61% Checking Account up to $25K (AL/TN/MS)
• 5.35% No-Minimum Online Savings Account (New York)
• 5.25% Money Market Account for 3 months (New York)
• 5.25% Checking Account (Florida)
• 5.05% Low-Minimum Online Savings Account (California)
• 5.01% Checking Account (Wisconsin/Illinois)
• 5.00% Money Market Account (Utah)
• 5.00% Checking Account at an Oklahoma Bank (Legacy)
• 4.75% Checking Account (Texas)

CD Specials at Local Credit Unions/Banks Over the Last Two Months

• Alabama deals and CD rates
• California deals and CD rates
• Colorado deals and CD rates
• Connecticut deals and CD rates
• Florida deals and CD rates
• Georgia deals and CD rates
• Idaho deals and CD rates
• Illinois deals and CD rates
• Indiana deals and CD rates
• Kansas deals and CD rates
• Kentucky deals and CD rates
• Maryland deals and CD rates
• Michigan deals and CD rates
• Nevada deals and CD rates
• New Hampshire deals and CD rates
• New Jersey deals and CD rates
• New York deals and CD rates
• North Carolina deals and CD rates
• Ohio deals and CD rates
• Oregon deals and CD rates
• Pennsylvania deals and CD rates
• Washington State deals and CD rates
• Tennessee deals and CD rates
• Texas deals and CD rates
• Wisconsin deals and CD rates

Terms of 60 Months and Over

• 6.25% 120-Month CD at a New York Bank (Ridgewood Savings)
• 6.25% 60-Month CD at a Pennsylvania Bank - Variable (First National Community)
• 6.22% 60-Month CD at a California CU (Tucoemas)
• 6.18% 60-Month CD at a Florida/Georgia Bank (Southeastern)
• 6.00% 60-Month CD at a Ohio CU (AP FCU)
• 5.92% 60-Month CD at a South Carolina CU - $50K+ (SAFE FCU)
• 5.90% 72-Month CD at a Missouri Bank (Garden City)
• 5.90% 73-Month CD at a Minnesota CU - 6.15% Jumbo (Minnesota Valley)
• 5.80% 60-Month CD at a Colorado CU (Ent)
• 5.70% 60-Month CD at a Pennsylvania CU (Tri County Area)
• 5.65% 60-Month CD at a Washington Bank (Westsound)
• 5.60% 60-Month CD at a Texas Bank (Texas Brand)
• 5.54% 60-Month CD at a Florida CU (CFE)

Terms of 24 Months to Under 60 Months

• 8.00% 24-Month CD at a Washington State CU - IRA (Spokane Law Enforcement)
• 6.98% 36-Month CD at a California Bank - Variable IRA (Alliance Bank)
• 6.11% 30-Month CD at a California CU (Tucoemas)
• 6.00% 51-Month CD at a Vermont/New Hampshire CU (Heritage Family)
• 5.97% 24-Month CD at a California CU (Los Angeles)
• 5.92% 48-Month CD at a Florida/Georgia Bank (Southeastern)
• 5.90% 50-Month CD at a New York CU (CFCU Community)
• 5.75% 50-Month CD at a Ohio CU (AP FCU)
• 5.75% 35-Month CD at a Oregon CU (NW Preferred)
• 5.70% 36-Month CD at a New York Bank (LibertyPointe)
• 5.70% 24-Month CD at a New York Bank (LibertyPointe)
• 5.65% 24-Month CD at a Maryland/Virginia/DC CU (Washington Telephone)
• 5.65% 24-Month CD at a Oregon CU (NW Preferred)
• 5.64% 24-Month CD at a Ohio CU (First Service)
• 5.64% 24-Month CD at a Pennsylvania CU (Franklin-Oil)
• 5.64% 25-Month CD at a Vermont/New Hampshire CU (Heritage Family)
• 5.60% 36-Month CD at a Pennsylvania CU (Tri County Area)
• 5.54% 36-Month CD at a Florida CU (CFE)
• 5.50% 48-Month CD at a South Carolina Bank (Arthur State Bank)
• 5.50% 24-Month CD at a Texas Bank (Texas Brand)
• 5.43% 24-Month CD at a South Carolina Bank (Community South Bank and Trust)

Terms of 12 Months to Under 24 Months

• 7.00% 12-Month CD at a Michigan CU - $10K Max (First Community)
• 6.15% 13-Month CD at a MI/OH/AR Credit Union - lower rates for $5K+ (United)
• 6.10% 12-Month CD at a California CU (Golden Bay)
• 6.00% 13-Month CD at a Illinois CU - IRA (Great Lakes)
• 6.00% 15-Month CD at a Connecticut CU - IRA (Achieve Financial)
• 6.00% 15-Month CD at a South Carolina CU Continues (MCAS Beaufort)
• 5.84% 15-Month CD at a Georgia Bank (First National)
• 5.80% 15-Month CD at a Oregon/South Carolina CU (Consolidated)
• 5.80% 12-Month CD at a Idaho CU (Pocatello Railroad)
• 5.75% 16-Month CD at a Virginia CU - (Apple)
• 5.75% 12-Month CD at a California CU - IRA (Kaiser)
• 5.75% 12-Month CD at a Georgia Bank (Patriot Bank)
• 5.75% 13-Month CD at a Illinois CU (Baxter)
• 5.75% 13-Month CD at a Missouri Bank (Champion)
• 5.75% 15-Month CD at a Utah Credit Union (Tooele)
• 5.65% 13-Month CD at a Washington State CU (WSE)
• 5.65% 12-Month CD at a Colorado CU (Ent)
• 5.65% 18-Month CD at a Oregon CU (NW Preferred)
• 5.61% 13-Month CD at a Alabama CU (Credit Union of Alabama)
• 5.60% 12-Month CD at a Florida Bank (Coral Gables)
• 5.60% 15-Month CD at a Multi-State Credit Union (FAA Eastern Region)
• 5.60% 15-Month CD at a MA/NJ/NY Credit Union (US Alliance)
• 5.60% 12-Month CD at a California Bank (Fremont Investment and Loan)
• 5.55% 12-Month CD at a Maryland/Virginia/DC CU (Washington Telephone)
• 5.55% 12-Month CD at a Texas Bank (Park Cities)
• 5.55% 15-Month CD at a Minnesota/Missouri CU (Endura Financial)
• 5.55% 12-Month CD at a Texas/Missouri Bank (Premier)
• 5.55% 12-Month CD at a California Bank and 5.25% Savings Account (Fremont Investment and Loan)
• 5.55% 12-Month CD at a Virginia Bank (River City)
• 5.51% 16-Month CD at a Maryland CU (MCT)
• 5.51% 20-Month CD at a New York CU (CFCU Community)
• 5.50% 12-Month CD at a Texas Bank and $50 Checking Account Bonus (Century)
• 5.50% 13-Month CD at a Alabama CU (Redstone)
• 5.50% 12-Month CD at a Texas CU (San Antonio)
• 5.50% 18-Month CD at a Washington Bank (Westsound)
• 5.50% 12-Month CD at a Kansas Bank (Capitol Federal Savings)
• 5.50% 18-Month CD at a Maryland CU (Tower)
• 5.50% 17-Month CD at a Kentucky CU (Fort Knox)
• 5.50% 12-Month CD at a Missouri Bank (St. Louis)
• 5.50% 15-Month CD at a North Carolina CU (Coastal)
• 5.50% 14-Month CD at a California CU - special early withdrawal feature (Financial Partners)
• 5.48% 12-Month CD at a Georgia CU (MACO Educators)
• 5.43% 13-Month CD at a South Carolina Bank (Community South Bank and Trust)

Terms of Under 12 Months

• 10.00% 6-Month CD at a IN/MI/GA Bank Continues - $2.5K Max (Flagstar)
• 9.00% 9-Month CD at a Colorado CU - $2K Max (Elevations)
• 6.15% 6-Month CD at a Florida Bank (Coast Bank of Florida)
• 6.00% 5-Month CD at a New Jersey Bank (Valley National)
• 5.80% 7-Month CD at a Oregon/South Carolina CU (Consolidated)
• 5.80% 10-Month CD at a Colorado Bank (Summit Bank and Trust)
• 5.80% 9-Month CD at a Georgia Bank (Bank of Georgia)
• 5.80% 6-Month CD at a Georgia Bank (Bank of Georgia)
• 5.75% 9-Month CD at a Maryland CU (Prince George's Community)
• 5.75% 6-Month CD at a Illinois Bank Continues (Town Center Bank)
• 5.75% 6-Month CD at a Georgia Bank (Patriot Bank)
• 5.75% 11-Month CD at a Arizona/Texas CU - IRA (TruWest)
• 5.75% 11-Month CD at a Georgia CU (Georgia Telco)
• 5.75% 7-Month CD at a Missouri Bank (Champion)
• 5.75% 7-Month CD at a Indiana CU - and $80 Checking Account Bonus (Centra)
• 5.70% 9-Month CD at a Texas CU (San Antonio City Employees)
• 5.65% 9-Month CD at a South Carolina CU (Anderson)
• 5.65% 9-Month CD at a Arizona CU (Arizona Federal)
• 5.61% 7-Month CD at a Alabama CU (Credit Union of Alabama)
• 5.57% 11-Month CD at a Maryland CU (MCT)
• 5.55% 5-Month CD at a Illinois CU - IRA (Great Lakes)
• 5.55% 5-Month CD at a Kansas Bank (Halstead)
• 5.55% 11-Month CD at a California CU (Pacific Service)
• 5.55% 5-Month CD at a South Carolina Bank (First Federal)
• 5.55% 6-Month CD at a California Bank and 5.25% Savings Account (Fremont Investment and Loan)
• 5.55% 6-Month CD at a Virginia Bank (River City)
• 5.50% 6-Month CD at a Missouri CU - and Gift Card (American Eagle)
• 5.50% 6-Month CD at a California Bank (Luther Burbank Savings)
• 5.50% 9-Month CD at a Colorado Bank (Academy)
• 5.50% 11-Month CD at a California Credit Union and $75 Checking Bonus (California)
• 5.50% 11-Month CD at a Oregon CU (NW Preferred)
• 5.50% 7-Month CD at a Kentucky CU (Fort Knox)
• 5.50% 7-Month CD at a Indiana Bank (Monroe)
• 5.50% 6-Month CD at a Missouri Bank (St. Louis)
• 5.40% 7-Month CD at Wachovia Texas

Bank Account Alternatives

• Money Magazine article on risk-free investments
• Vanguard Prime Money Market Fund - 5.09% 7-day yield
• Fidelity Money Market Fund - 5.00% 7-day yield ($100 bonus and other info)
• Paypal Money Market Fund - 5.05% 7-day yield (1% cashback debit MasterCard)
• FW Thread on Treasury Bills
• I Bond Rate Starting Nov 2006, I Bond Article, I Bonds as CD Alternatives
• SmartMoney Brokerage Survey