Bank Deals Weekly Summary for May 26, 2007 read and submit comments for this post

Quick Link for Rates

The next battle in online banking may take place between high yield checking accounts. This week Salem Five Bank launched Salem Five Direct with a high yield no-minimum checking account paying between 5% and 5.30% APY. It also has a 6.10% APY intro rate for balances over $100K for the first 60 days and a $25 bonus for enrolling in direct deposit (see post). HSBC is expected to announce its own high yield checking in June. I've also heard E-LOAN has plans for later this year. With this new Salem Five Direct, I now have two banks offering checking accounts with rates of 5% APY and over for low minimums. (see checking account post). We'll see if this list will grow.

In banking news, Everbank announced that it'll be acquiring most of Netbank. So we may soon see an end to those Netbank bonuses (see post).

There's not much to report on savings accounts this week. FNBO Direct savings account remains the best deal with a yield of 6% APY guaranteed until 9/28/07. For all of my FNBO Direct posts, please see this page.

CD Rates Update

A reader mentioned last week that T-Bills and mortgage rates were up, but CD rates remained unchanged. Well this week there was some upward movement on CD rates at several banks. Most of the rate increases were in the longer terms. CD rates increased at E-LOAN, GMAC Bank, Bank of Internet USA, Countrywide, UFB Direct, ETrade and Netbank. E-LOAN now has a very competitive 12-month CD with a yield of 5.45% APY.

Long term CD rates also increased at Northrop Grumman FCU. The rates range from 5.55% APY for the 24-month term to 5.65% APY for the 60-month term. The 6-month and 12-month rates fell a little but are still very competitive at 5.40% and 5.44% APY. These rates require a $40K minimum. Lower rates are available for smaller balances. This credit union is one of those in which anyone can be eligible to join (see post).

The long term CD rates at Navy FCU continue to be very competitive. Unfortunately, membership eligibility isn't easy and requires a connection with the Navy. See how I was able to join and my experience with Navy FCU in this post.

Local CD Deals

There were a few nice local CD deals this week. I just posted on one in Kentucky that has a yield of 6.12% and a term of 12 months with a $50K cap (see post). There's a 7.15% 5-month special CD with a $25K cap in Georgia (see post).

Two 6% CD deals will be ending next week: One is an 8-month CD at Santa Clara Count FCU (see post) and the other is a 6-month CD at Empower FCU in New York (see post).

It's not quite 6%, but it's close. The Golden 1 Credit Union started a new 8-month CD promotion with yields up to 5.70% APY (see post). This may be a good alternative to Patelco's 5.75% CD (see post) for those in California who prefer a federally insured credit union.

For more local CD deals, refer to my 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 May 19th, May 12th, May 5th, Apr 28th, Apr 21st, Apr 14th, Apr 7th and Mar 31st.

Quick Links: Refer to the following links for the savings accounts and CDs that interest you: Liquid Account Rates: Savings Accounts, Special rates, Local checking/savings, Bank alternatives CD Rates: 3 Mo CDs, 6 Mo CDs, 9 Mo CDs, 12 Mo CDs, 18 Mo CDs, 24 Mo CDs, 36 Mo CDs, 48 Mo CDs, 60 Mo CDs, 84 Mo CDs, CDs by state Comments: read and discuss

As of May 26, 2007

Checking/Savings/Money Market Accounts:

• Checking/Savings Account Bonuses
• The Best Checking Accounts

• FNBO Direct - 6.00% (until 9/28) my post
• 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
• OneUnited - 5.30% (min $1K), my post
• Zions Bank - 5.30% MMA, outside of Utah, (min $1K) (5.36% $50K+), my post
• iGobanking - 5.30%, my post
• GMAC Bank - 5.30% MMA (min $500), my post
• Apple Bank - 5.27% (min $2.5K) my post
• WTDirect - 5.26% ($10K min), my post
• Countrywide - 5.25% (min $10K), (5.40% $50K+) my post
• Presidential Bank - 5.25% (min $5K, only first $35K receives this rate), offers 4.50% checking, my post
• Transportation Alliance Bank - 5.25% (5.15% for MMA), ($25 min), my post
• E-LOAN - 5.25% ($5K min), my post
• 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)
• Savings Square - 5.10%, my post
• Mutual Bank - 5.10% MMA (min $5K), my post
• Bank of America AAA/NEA - 5.08% MMA ($10K min) (5.35% for $50K+) my post
• UnivestDirect - 5.05%, (4% checking), my post
• AmboyDirect - 5.05% (5.10% for $20K+), my post ($25 bonus)
• ETrade Bank - 5.05%, my post
• HSBC Direct - 5.05% ($50 related bonus) my post
• EmigrantDirect - 5.05%, my post
• EverBank - 5.01% ($1.5K min), 6.01% 3-mo promo, my post
• Citibank - 5.00%, requires checking account and bill pay usage, my post ($100 bonus)
• PFF Bank and Trust - 5.00% (min $1K), my post
• Indymac Bank - 5.00% ($10K min)
• ebank - 5.00% Checking ($2.5K min), my post
• Salem Five Direct - 5.00% Checking (5.20% $25K+), 6.10% 2-mo promo and $25 bonus, my post
• Washington Mutual - 5.00% (requires checking), my post
• CapitalOne/Costco - 5.00% MMA (min $5K, Costco members only, $50 deal for exec. members)
• UmbrellaBank.com - 4.95% MMA (min $1K), my post
• Corus Bank - 4.88% MMA (min $10K to open)
• Tennessee Commerce Bank - 4.87% (min $10K), my post
• Capital One - 4.75% (MMA has same rate, but with checks and ATM. $100 min.), my post
• MyBankingDirect - 4.75% MMA (min $5K), my post
• 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)
• GE Money - 4.50% (min $4K), (5.05% for $15K+), my post ($25 bonus)
• ING Direct - 4.50%, (4% checking), my post ($25 bonus)
• NetBank - 4.50% MMA ($500 min), 6-month intro rate, my post ($250 deal)
• MetLife Bank - 4.40% MMA (min $5K), my post ($50 bonus)
• Imperial Capital - 4.20% MMA ($2.5K min), offers free checking, my post
• Melrose CU - 4.06% (min $25) my post

3-Month Certificates of Deposit:

• VirtualBank - 5.34% (min $10K), my post
• UFB Direct - 5.31% (min $8K)
• Imperial Capital - 5.30%, ($2K min), my post
• Countrywide - 5.30% (min $10K), my post
• FirstFedDirect - 5.26% (min $10K), my post
• UmbrellaBank.com - 5.25% (min $1K)
• GMAC Bank - 5.15% (min $500), my post
• EverBank - 5.10% ($1.5K min)
• IndyMac Bank - 5.10% (min $5K), my post
• ETrade Bank - 5.00% (min $1K), my post
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• Self-Help Credit Union - 4.98% (min $500), my post
• Corus Bank - 4.88% (min $10K)

6-Month Certificates of Deposit:

• NASA FCU - 5.80% (7 months) (min $10K), my post
• Imperial Capital - 5.45%, ($2K min), my post
• UmbrellaBank.com - 5.42% (min $1K)
• World Savings - 5.41% (min $10K), my post
• Countrywide - 5.41% (min $10K), my post
• Bank of Internet - 5.41% (min $1K) my post
• Tennessee Commerce Bank - 5.40% (min $5K)
• Security Savings - 5.40% (7 months) (min $500), my post
• Ascencia Bank - 5.40% (min $500)
• IndyMac Bank - 5.40% (min $5K), my post
• Northrop Grumman FCU - 5.40% (min $40K), my post
• E-LOAN - 5.39% ($10K min), my post
• VirtualBank - 5.39% (min $10K), my post
• FirstFedDirect - 5.38% (min $10K), my post
• Corus Bank - 5.37% (min $10K)
• AmTrustDirect - 5.36% (min $1K) my post
• NetBank - 5.35% (min $1K)
• GMAC Bank - 5.30% (min $500), my post
• iGobanking - 5.30% (min $500), my post
• Self-Help Credit Union - 5.26% (min $500), my post
• UFB Direct - 5.25% (min $8K)
• EverBank - 5.15% ($1.5K min)
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• Washington Mutual - 5.15% (min $1K), rates vary by state
• ETrade Bank - 5.10% (min $1K), my post
• 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:

• UmbrellaBank.com - 5.41% (min $1K)
• Countrywide - 5.40% (min $10K), my post
• AmTrustDirect - 5.36% (min $1K) my post
• Bank of Internet - 5.31% (min $1K) my post
• GMAC Bank - 5.30% (min $500), my post
• FirstFedDirect - 5.30% (min $10K), my post
• ING Direct - 5.25%, my post
• Imperial Capital - 5.25% ($2K min), my post
• EverBank - 5.15% ($1.5K min)
• EmigrantDirect - 5.10% (min $1K)
• IndyMac Bank - 5.10% (min $5K), my post
• VirtualBank - 5.05% (min $10K), my post

12-Month Certificates of Deposit:

• Patelco CU - 5.75% (14 months) (min $1K), not NCUA insured, my post
• E-LOAN - 5.45% ($10K min), my post
• Northrop Grumman FCU - 5.44% (min $40K), my post
• AmTrustDirect - 5.41% (min $1K) my post
• La Jolla Bank - 5.40% (min $10K), my post
• Tennessee Commerce Bank - 5.40% (min $5K)
• UmbrellaBank.com - 5.40% (min $1K)
• Ascencia Bank - 5.40% (min $500)
• Transportation Alliance Bank - 5.39% ($1K min)
• Corus Bank - 5.37% (min $10K)
• NetBank - 5.35% (min $1K), my post ($100 bonus)
• GMAC Bank - 5.35% (min $500), my post
• Mutual Bank - 5.35% (min $2.5K) my post
• Bank of Internet - 5.35% (min $1K) my post
• FirstFedDirect - 5.31%, (min $10K) my post
• iGobanking - 5.30% (min $500), my post
• Navy FCU - 5.30% ($20K min) restrictions to membership, my post
• Countrywide - 5.25% (min $10K)
• Self-Help Credit Union - 5.25% (min $500), my post
• UFB Direct - 5.25% (min $8K)
• Imperial Capital - 5.25% ($2K min), my post
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• AmboyDirect - 5.25% (min $10K), my post
• Melrose CU - 5.20% (min $5K) my post
• EverBank - 5.15% ($1.5K min)
• GTE FCU - 5.12% (min $500) my post
• ETrade Bank - 5.11% (min $1K), my post
• EmigrantDirect - 5.10% (min $1K)
• ING Direct - 5.10%, my post
• IndyMac Bank - 5.10% (min $5K), my post
• VirtualBank - 5.05% (min $10K), my post
• Washington Mutual - 5.05% (min $1K), my post

18-Month Certificates of Deposit:

• Security Savings - 5.55% (17 months) (min $500), my post
• NetBank - 5.40% (min $1K), my post ($100 bonus)
• E-LOAN - 5.31% ($10K min), my post
• Bank of Internet - 5.31% (min $1K) my post
• GMAC Bank - 5.30% (min $500)
• iGobanking - 5.30% (min $500), my post
• Discover Bank - 5.20% (min $2.5K)
• Countrywide - 5.15% (min $10K)
• AmTrustDirect - 5.15% (min $1K) my post
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• EmigrantDirect - 5.10% (min $1K)
• ETrade Bank - 5.00% (min $1K), my post
• Imperial Capital - 5.00% ($2K min), my post
• Mutual Bank - 4.85% (min $5K) my post
• UmbrellaBank.com - 4.75% (min $1K)

24-Month Certificates of Deposit:

• Northrop Grumman FCU - 5.55% (min $40K), my post
• Mutual Bank - 5.47% (min $5K) my post
• Navy FCU - 5.40% ($20K min) restrictions to membership, my post
• Bank of Internet - 5.31% (min $1K) my post
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• GMAC Bank - 5.30% (min $500)
• E-LOAN - 5.26% ($10K min), my post
• Transportation Alliance Bank - 5.23% ($1K min)
• Melrose CU - 5.20% (min $5K) my post
• Self-Help Credit Union - 5.13% (min $500), my post
• Presidential Bank - 5.13% (min $1K)
• Imperial Capital - 5.00% ($2K min), my post

36-Month Certificate of Deposit:

• Northrop Grumman FCU - 5.58% (min $40K), 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
• Bank of Internet - 5.31% (min $1K) my post
• GMAC Bank - 5.30% (min $500)
• NetBank - 5.28% (min $1K), my post ($100 bonus)
• E-LOAN - 5.26% ($10K min), my post
• Agriculture FCU - 5.25% (min $1K), my post
• Transportation Alliance Bank - 5.23% ($1K min)
• Melrose CU - 5.20% (min $5K) my post
• Countrywide - 5.15% (min $10K)
• Pentagon Federal CU - 5.12% (min $1K), my post
• EmigrantDirect - 5.10% (min $1K)
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• Self-Help Credit Union - 5.08% (min $500), my post
• Fort Belvoir FCU - 5.02% (min $1K), my post
• ETrade Bank - 5.00% (min $1K), my post
• AmTrustDirect - 5.00% (min $1K) my post
• Imperial Capital - 4.95% ($2K min), my post
• UmbrellaBank.com - 4.75% (min $1K)

48-Month Certificate of Deposit:

• Northrop Grumman FCU - 5.65% (min $40K), my post
• Navy FCU - 5.50% ($20K min) restrictions to membership, my post
• First State Bank - 5.35% ($1K min), my post
• Bank of Internet - 5.31% (min $1K) my post
• GMAC Bank - 5.30% (min $500)
• E-LOAN - 5.26% ($10K min), my post
• NetBank - 5.25% (min $1K), my post ($100 bonus)
• Agriculture FCU - 5.25% (min $1K), my post
• USA FCU - 5.22% (min $1K) my post
• Melrose CU - 5.20% (min $5K) my post
• Transportation Alliance Bank - 5.16% ($1K min)
• Countrywide - 5.15% (min $10K)
• Fort Belvoir FCU - 5.13% (min $1K), my post
• Pentagon Federal CU - 5.12% (min $1K), my post
• Self-Help Credit Union - 5.11% (min $500), my post
• EmigrantDirect - 5.10% (min $1K)
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• UmbrellaBank.com - 4.75% (min $1K)

60-Month Certificate of Deposit:

• Northrop Grumman FCU - 5.76% (min $40K), my post
• Navy FCU - 5.60% ($20K min) restrictions to membership, my post
• Agriculture FCU - 5.50% (min $1K), my post
• Bank of Internet - 5.42% (min $1K) my post
• E-LOAN - 5.41% ($10K min), my post
• First State Bank - 5.35% ($1K min), my post
• GMAC Bank - 5.30% (min $500)
• USA FCU - 5.27% (min $1K) my post
• Melrose CU - 5.25% (min $5K) my post
• Transportation Alliance Bank - 5.21% ($1K min)
• NetBank - 5.20% (min $1K), my post ($100 bonus)
• Countrywide - 5.15% (min $10K)
• Self-Help Credit Union - 5.14% (min $500), my post
• Presidential Bank - 5.13% (min $1K)
• Members Credit Union - 5.13% (min $2K), my post
• Fort Belvoir FCU - 5.13% (min $1K), my post
• Pentagon Federal CU - 5.12% (min $1K), my post
• ETrade Bank - 5.10% (min $1K), my post
• VirtualBank - 5.10% (min $10K), my post
• EmigrantDirect - 5.10% (min $1K)
• Washington Mutual - 5.10% (min $1K), rates vary by state
• AmTrustDirect - 5.10% (min $1K) my post
• ebank - 5.00% (min $1K), 5.35% for ePremium checking customers
• Imperial Capital - 4.95% ($2K min), my post
• UmbrellaBank.com - 4.75% (min $1K)

84-Month Certificate of Deposit:

• Navy FCU - 5.70% ($20K min) restrictions to membership, my post
• Countrywide - 5.15% (min $10K)
• Pentagon Federal CU - 5.12% (min $1K), my post
• EmigrantDirect - 5.10% (min $1K)

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% Money Market Account at Lockheed FCU ($10K Max)
• 5.39 Money Market Account with $250K initial deposit
• 5.40% Personal and Business Money Market Account with $100K balance
• 5.35% Money Market Account at Bank of America with $50K+

Checking and Saving Accounts at Local Banks/Credit Unions

• Local High Yield Reward Checking Accounts
• 6.00% Money Market Account Intro Rate (New Jersey)
• 6.00% 3-Month Money Market Promo at Amboy (New Jersey)
• 5.50% 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)
• 5.00% Free Checking at Capital One (Central Texas)
• 5.00% Money Market Account (Utah)

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
• District of Columbia 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
• Massachusetts deals and CD rates
• Maine 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
• Rhode Island deals and CD rates
• South Carolina deals and CD rates
• Tennessee deals and CD rates
• Texas deals and CD rates
• Washington State deals and CD rates
• West Virginia deals and CD rates
• Wisconsin deals and CD rates

Terms of 60 Months and Over

• 6.15% 60-Month CD at a Utah CU (Pacific Rails)
• 6.00% 72-Month CD at a DC Credit Union (Bank-Fund Staff)
• 5.90% 72-Month CD at a Missouri Bank - and 6.11% IRA (Garden City)
• 5.75% 60-Month CD at a Virginia CU (Apple)
• 5.70% 60-Month CD at a California CU - $90K Min (LBS Financial)
• 5.65% 60-Month CD at a Washington State Bank (Westsound)
• 5.65% 60-Month CD at a Texas CU (Greater Texas FCU)
• 5.60% 60-Month CD at a Washington State CU (Evergreen Direct)

Terms of 24 Months to Under 60 Months

• 6.00% 24-Month CD at a Ohio CU (Millstream Area)
• 5.80% 46-Month CD at a Michigan CU (Research)
• 5.72% 24-Month CD at a Virginia CU (DuPont Fibers)
• 5.70% 48-Month CD at a California CU - $90K Min (LBS Financial)
• 5.69% 36-Month CD at a Nevada CU - Jumbo (Silver State Schools)
• 5.65% 24-Month CD at a Washington DC Credit Union Continues (Washington Telephone)
• 5.61% 36-Month CD at a Pennsylvania (Jessop Community)
• 5.59% 36-Month CD at a Kansas Bank (Town & Country)
• 5.55% 30-Month CD at a Missouri Bank (Bank of Washington)
• 5.50% 36-Month CD at a New York Bank (LibertyPointe)
• 5.50% 24-Month CD at a New York Bank (LibertyPointe)
• 5.50% 34-Month CD at a Virginia CU (NMA)
• 5.50% 24-Month CD at a Florida Bank (Bay Cities)

Terms of 12 Months to Under 24 Months

• 12.00% 12-Month CD at a Texas / California CU - $1.2K Max (Premier America)
• 10.47% 12-Month CD at a Michigan CU - $1K Max (Dearborn Village Community)
• 10.00% 12-Month CD at a New York CU - $2K Max (Palisades)
• 6.12% 12-Month CD at a Kentucky CU - $50K Max (Members Heritage)
• 6.00% 15-Month CD at a South Carolina CU Continues (MCAS Beaufort)
• 5.88% 12-Month CD at a New York CU (Buffalo Postal Community)
• 5.85% 12-Month CD at a Utah CU (Pacific Rails)
• 5.75% 13-Month CD at a Missouri Bank Continues (Champion)
• 5.75% 19-Month CD at a Indiana CU (Afena)
• 5.75% 13-Month CD at a Georgia Bank (Haven Trust)
• 5.75% 12-Month CD at a Texas CU (Golden Key)
• 5.71% 13-Month CD at a Missouri CU (Columbia Municipal Employees)
• 5.70% 18-Month CD at a Georgia Bank (American Southern)
• 5.65% 12-Month CD at a Georgia Bank (Alpha)
• 5.65% 13-Month CD at a Washington State CU Continues (WSE)
• 5.65% 12-Month CD at a Missouri Bank (St. Louis Bank)
• 5.61% 12-Month CD at a Texas CU (El Paso Employees)
• 5.61% 14-Month CD at a Virginia CU (Reymet Community)
• 5.55% 14-Month CD at a Alabama CU (Guardian)
• 5.55% 13-Month CD at a Florida CU (Sunshine State)
• 5.55% 18-Month CD at a New York CU (Countryside Community)
• 5.55% 12-Month CD at a Washington DC Credit Union Continues (Washington Telephone)
• 5.54% 12-Month CD at a Kansas Bank (Town & Country)
• 5.50% 12-Month CD at a New York CU (Countryside Community)
• 5.50% 18-Month CD at a Washington State Bank (Westsound)
• 5.50% 12-Month CD at a Texas Bank (First National Bank Southwest)
• 5.50% 12-Month CD at a FL/NY/MA/VT Bank (Trustco)
• 5.50% 12-Month CD at a Nevada Bank (Silver State)
• 5.50% 12-Month CD at a California CU (San Mateo)
• 5.50% 12-Month CD at a Pennsylvania CU (PA HealthCare)
• 5.50% 15-Month CD at a North Carolina CU Continues (Coastal) - Easy Membership
• 5.50% 18-Month CD at a Maryland Bank (Fidelity & Trust)
• 5.50% 15-Month CD at a Missouri Bank (Table Rock Community)
• 5.50% 12-Month CD at a Massachusetts CU (Industrial)
• 5.50% 13-Month CD at a Michigan CU (Priority Community)
• 5.50% 13-Month CD at a Missouri Bank (Truman)
• 5.50% 15-Month CD at a Illinois Bank (Community First Bank - Chicago)
• 5.50% 17-Month CD at a Kentucky CU Continues (Fort Knox)
• 5.50% 12-Month CD at a Chicago Bank (American Eagle)
• 5.49% 12-Month CD at a Alabama CU (APCO Employees)
• 5.45% 12-Month CD at a Arizona Bank (Choice Bank)
• 5.43% 12-Month CD at a Florida Bank (First Commercial)
• 5.39% 12-Month CD at a Washington State CU (Evergreen Direct)
• 5.38% 15-Month CD at a Massachusetts Bank (Dedham Savings)

Terms of Under 12 Months

• 9.00% 9-Month CD at a Colorado CU - $2K Max (Elevations)
• 7.15% 5-Month CD at a Georgia Bank - $25K Max (First Citizens Bank of Georgia)
• 7.00% 7-Month CD at a California / Texas CU - $7K Max (Premier America)
• 6.29% 11-Month CD at a New York/Pennsylvania CU (Visions)
• 6.00% 6-Month CD at a New York CU (Empower)
• 6.00% 8-Month CD at a California CU (Santa Clara County)
• 5.75% 7-Month CD at a Missouri Bank Continues (Champion)
• 5.75% 9-Month CD at a Alabama CU (1st Capital)
• 5.75% 7-Month CD at a Pennsylvania CU (Clearview)
• 5.75% 11-Month CD at a Arizona/Texas Credit Union is Back (TruWest)
• 5.70% 9-Month CD at a Texas CU Continues (San Antonio City Employees)
• 5.70% 8-Month CD at a California CU (The Golden 1) - with Worry-Free Feature
• 5.70% 7-Month CD at a California CU (Financial Partners)
• 5.70% 6-Month CD at a Georgia Bank (American Southern)
• 5.65% 6-Month CD at a Georgia Bank (Alpha)
• 5.65% 11-Month CD at a South Florida Bank (Ocean Bank)
• 5.65% 6-Month CD at a Missouri Bank (St. Louis Bank)
• 5.64% 6-Month CD at a South Carolina CU (Georgetown Kraft)
• 5.60% 6-Month CD at a Los Angeles Bank (California Business)
• 5.55% 11-Month CD at a California CU Continues (Pacific Service)
• 5.55% 9-Month CD at a Dallas Bank (One World)
• 5.55% 6-Month CD at a Alabama CU (APCO Employees)
• 5.55% 11-Month CD at a Kansas Bank (The Bennington State)
• 5.55% 8-Month CD at a New York CU (Countryside Community)
• 5.55% 5-Month CD at a Georgia Bank (Sunrise Bank of Atlanta)
• 5.55% 9-Month CD at a Dallas Bank (Hillcrest)
• 5.55% 7-Month CD at a California CU (San Francisco)
• 5.55% 8-Month CD at a Missouri Bank (Bank of Washington)
• 5.52% 7-Month CD at a Florida Bank (First Commercial)
• 5.50% 5-Month CD at a California Bank (Los Padres)
• 5.50% 5-Month CD at a Michigan Bank (Bank of Auburn Hills)
• 5.50% 9-Month CD at a Michigan Bank (Bank of Auburn Hills)
• 5.50% 11-Month CD at a Oregon CU (OnPoint Community)
• 5.50% 6-Month CD at a Nevada Bank (Silver State)
• 5.50% 4-Month CD at a DC Bank (Bank of Georgetown)
• 5.50% 9-Month CD at a Colorado CU (Power)
• 5.50% 6-Month CD at a California CU (Dow) - and 6.03% IRA
• 5.50% 9-Month CD at a Maine CU (PeoplesChoice)
• 5.50% 6-Month CD at a Missouri Bank (Table Rock Community)
• 5.50% 7-Month CD at a Dallas Bank (Century Bank)
• 5.50% 7-Month CD at a Texas Bank (Equity)
• 5.50% 9-Month CD at a Michigan CU and a 7% $500-Max Checking (Community West)
• 5.50% 7-Month CD at a Kentucky CU Continues (Fort Knox)
• 5.50% 7-Month CD at a Philadelphia Bank (Republic First)
• 5.49% 9-Month CD at a South Carolina Bank (Bank of Anderson)

Bank Account Alternatives

• Money Magazine article on risk-free investments
• Vanguard Prime Money Market Fund - 5.12% 7-day yield
• Paypal Money Market Fund - 5.03% 7-day yield (1% cashback debit MasterCard)
• Fidelity Money Market Fund - 5.01% 7-day yield ($100 bonus and other info)
• FW Thread on Treasury Bills
• I Bond Rate Starting Nov 2006, I Bond Article, I Bonds as CD Alternatives
• SmartMoney Brokerage Survey

Historical Rates from the Federal Reserve (Federal funds, Treasury bills, CD's)