Bank Deals Weekly Summary for July 21, 2007 read and submit comments for this post

Quick Link for Rates

Another bank launched an online savings account this week. It's a 5.30% APY online money market account offered by Flagstar Bank. It has no minimum balance requirements, and the 5.30% APY currently applies to all balances. One thing that separates this from many other online savings account is that it has limited check writing with free checks (see post).

Flagstar's 5.30% APY isn't the best rate but it's nice to see a money market account with a rate this high that can be started with as little as $1. AmTrustDirect changed its e-Money Market Account this week to make it more accessible. You can now open the e-Money Market account with only $1 rather than the $1,000 that was previously required. This account has a yield of 5.36% APY that has remained at 5.36% since February (see post). Unlike Flagstar's money market account, AmTrustDirect's e-Money Market doesn't offer checks or ATM cards. Thus, I consider it more of a savings account.

One bank that did increase its online money market rates this week was Discover Bank which raised the yield by about 5 basis points on all tiers. For balances of over $10K, the yield is now 5.20% APY. For balances over $50K, the yield is now 5.35% APY. This is a true money market account with limited check writing (see Discover's MMA page).

Banks like Flagstar and AmTrustDirect seem intent to lower minimums and add services rather than increase rates to challenge FNBO Direct's 6% promo. Perhaps we'll see a new 6% promo from some bank in September when FNBO's promo ends. But for now, FNBO Direct continues to have the best rate. However, time is running out with a little over two months to earn the 6% APY. For more FNBO Direct info, please see my account review post or this page which has all of my FNBO Direct posts.

CD Rates Update

There were a few small CD rate changes this week. Discover Bank raised the yield on all CD terms of 1 year and above to 5.30% APY. ETrade made a large bump-up of its 18-month CD from 5.00% to 5.40% APY. Small rate declines, however, seemed more common. This occurred at Everbank, Key Direct, Element Financial and the credit unions with easy membership: Northrop Grumman FCU, Western FCU and Self-Help CU.

NASA FCU continues to have the best short-term CD deal with its 5.65% APY 7-month CD special. Anyone can join via membership into the National Space Society. One thing to note, however, is that several readers have reported problems joining NASA FCU and purchasing this CD. Please see my post for more info.

An even better deal than at NASA FCU is the 6% APY 10-month CD offered by Navy FCU. However, you have to have some connection with the Navy to be eligible. A reader mentioned hearing that this special CD is tentatively scheduled to last through August. When I joined in April, it took almost 3 weeks before I was able to purchase the CD, so make sure you apply early if you're eligible (see post).

Large Deposits Deals - 5.67% CD

For those who don't mind large balances, Statebank of India has some very competitive CD rates including a 5.61% APY 12-month CD and a 5.67% APY 36 and 60-month CD. Statebank of India is the largest bank in India (see Wikipedia entry). The US division of this bank (which is FDIC insured) is the one offering these CDs (see post). For readers who are only concerned with accounts with no deposit limitation, I've created a new category called large deposits. I only include deals in this category which allow deposits of $100K or more.

Local CD Deals - High Rates for Those in California

Many in California should be eligible for several good CD specials at The Golden 1 Credit Union. They just started offering a 5.80% APY CD and IRA CD for terms of 12 to 17 months, and they continue to offer a 6% APY 60-month CD and a 5.50% APY 9-month CD. The Golden 1 Credit Union is one of the largest credit unions in the nation and has many ways for people in California to be eligible to join (see post).

Some other local 6% CD deals I reported on this week are available in New York, Ohio, Florida and Virginia.

The best local deal continues to be at Clackamas Community FCU in Oregon. They're offering a 7.79% APY 5-month CD. What makes this so good is that it has no deposit cap (see post). Every now and then, I'll come across a deal like this. There was one in Arizona that ended this week (see post).

Usually when you see a credit union offering a 7% or higher rate for a CD, they'll cap the deposit to some low amount. Sometimes it's very low like $1K. Sometimes it'll be something more reasonable. Chartway FCU is still offering one like this with its 7% APY 7-month CD with a deposit cap of $7K. However, if you can refer new members, you can increase the cap to $21K (see post).

$200 and $150 Bank Bonuses

This was a good week for checking account bonuses. A bank near Chicago is offering up to $200 or an iPod nano for a checking account (see post). Amalgamated Bank is offering up to $150 for opening a checking account and for using several services. You should be able to sign up online for this one from any state (see post). To see all of the latest bank bonues, please refer to my bank bonus page.

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 July 14th, July 7th, Jun 30th, Jun 23rd, Jun 16th, Jun 9th, Jun 2nd and May 26th.

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 July 21, 2007

Checking/Savings/Money Market Accounts:

• Checking/Savings Account Bonuses
• The Best Checking Accounts - Including Reward Checking

• FNBO Direct - 6.00% (until 9/28) my post
• AmTrustDirect - 5.36%, my post
• BankUnited - 5.35% (min $5K), my post
• UFB Direct - 5.31%, my post
• Flagstar - 5.30% MMA, my post
• GMAC Bank - 5.30% MMA (min $500), my post
• iGobanking - 5.30%, my post
• Zions Bank - 5.30% MMA, outside of Utah, (min $1K) (5.36% $50K+), my post
• OneUnited - 5.30% (min $1K), my post
• grand yield direct - 5.27% (min $2.5K) my post
• WTDirect - 5.26% ($10K min), my post
• E-LOAN - 5.25% ($5K min), my post
• 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
• Discover Bank - 5.20% MMA (min $10K)(5.35% for $50K+)
• Direct Huntington - 5.20% ($1K min), my post
• FirstFedDirect - 5.16% (min $1K) (closed to CA residents), my post
• Mutual Bank - 5.10% MMA (min $5K), my post
• Savings Square - 5.10%, my post
• Bank of America AAA/NEA - 5.06% MMA ($10K min) (5.33% for $50K+) my post
• EmigrantDirect - 5.05%, my post
• HSBC Direct - 5.05% ($50 related bonus) my post
• ETrade Bank - 5.05%, my post ($25 bonus)
• AmboyDirect - 5.05% (5.10% for $20K+), my post ($25 bonus)
• UnivestDirect - 5.05%, (4% checking), my post
• Heartland Bank Direct - 5.05%, ($500 min), my post ($50 bonus)
• EverBank - 5.01% ($1.5K min), 6.01% 3-mo promo, my post
• CapitalOne/Costco - 5.00% MMA (min $5K, Costco members only, $50 deal for exec. members)
• Washington Mutual - 5.00% (requires checking), my post
• Salem Five Direct - 5.00% Checking (5.20% $25K+), 6.10% 2-mo promo and $25 bonus, my post
• ebank - 5.00% Checking ($2.5K min), my post
• Indymac Bank - 5.00% ($10K min)
• PFF Bank and Trust - 5.00% (min $1K), my post
• Citibank - 5.00%, requires checking account and bill pay usage, my post ($100 bonus)
• Tennessee Commerce Bank - 4.96% (min $10K), my post
• UmbrellaBank.com - 4.95% MMA (min $1K), my post
• Corus Bank - 4.94% MMA (min $10K to open)
• MyBankingDirect - 4.75% MMA (min $5K), my post
• Capital One - 4.75% (MMA has same rate, but with checks and ATM. $100 min.), 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)
• 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
• Melrose CU - 4.06% (min $25) my post

3-Month Certificates of Deposit:

• IndyMac Bank - 5.35% (min $5K), my post
• VirtualBank - 5.34% (min $10K), my post
• UFB Direct - 5.31% (min $8K)
• National Bank of KC - 5.30% (min $10K), my post
• Countrywide - 5.30% (min $10K), my post
• Imperial Capital - 5.30%, ($2K min), my post
• Element Financial - 5.30% (min $5K), my post
• FirstFedDirect - 5.26% (min $10K), my post
• UmbrellaBank.com - 5.25% (min $1K)
• GMAC Bank - 5.15% (min $500), my post
• ETrade Bank - 5.10% (min $1K), my post
• EverBank - 5.00% ($1.5K min)
• ebank - 5.00% (min $1K), 5.25% for ePremium checking customers
• Self-Help Credit Union - 4.98% (min $500), my post
• Corus Bank - 4.94% (min $10K)

6-Month Certificates of Deposit:

• NASA FCU - 5.65% (7 months) (min $5K), my post
• IndyMac Bank - 5.46% (min $5K), my post
• Imperial Capital - 5.45%, ($2K min), my post
• VirtualBank - 5.44% (min $10K), my post
• Northrop Grumman FCU - 5.42% (min $40K), my post
• Western FCU - 5.42% (min $40K), my post
• UmbrellaBank.com - 5.42% (min $1K)
• World Savings - 5.41% (5 months) (min $10K), my post
• Countrywide - 5.40% (min $10K), my post
• Ascencia Bank - 5.40% (min $500), my post
• Tennessee Commerce Bank - 5.40% (min $5K)
• Corus Bank - 5.40% (min $10K)
• NetBank - 5.40% (min $1K)
• Element Financial - 5.40% (min $5K), my post
• E-LOAN - 5.39% ($10K min), my post
• FirstFedDirect - 5.38% (min $10K), my post
• AmTrustDirect - 5.36% (min $1K) my post
• Washington Mutual - 5.35% (min $1K), my post
• National Bank of KC - 5.30% (min $10K), my post
• iGobanking - 5.30% (min $500), my post
• GMAC Bank - 5.30% (min $500), my post
• Self-Help Credit Union - 5.26% (min $500), my post
• UFB Direct - 5.25% (min $8K)
• Flagstar - 5.20% (min $500), my post
• ETrade Bank - 5.20% (min $1K), my post
• ING Direct - 5.15%, my post
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• EverBank - 5.10% ($1.5K min)
• EmigrantDirect - 5.10% (min $1K)
• Wells Fargo - 4.90% (5 months) (min $5K), rate and min vary by state, my post
• Bank of Internet - 4.80% (min $1K) my post

9-Month Certificates of Deposit:

• Navy FCU - 6.00% (10 months) ($10K min) restrictions to membership, my post
• Patelco CU - 5.50% ($1K min), not NCUA insured, my post
• Air Force FCU - 5.50% (min $1K) restrictions to membership, my post
• World Savings - 5.46% (8 months) branch-only (min $10K), my post
• UmbrellaBank.com - 5.41% (min $1K)
• Countrywide - 5.40% (min $10K), my post
• iGobanking - 5.40% (8 months) (min $500), my post
• Element Financial - 5.37% (min $5K), my post
• AmTrustDirect - 5.36% (min $1K) my post
• GMAC Bank - 5.35% (min $500), my post
• VirtualBank - 5.34% (min $10K), my post
• National Bank of KC - 5.30% (min $10K), my post
• FirstFedDirect - 5.30% (min $10K), my post
• Imperial Capital - 5.25% ($2K min), my post
• ING Direct - 5.25%, my post
• EverBank - 5.20% ($1.5K min)
• IndyMac Bank - 5.10% (min $5K), my post
• EmigrantDirect - 5.10% (min $1K)
• Bank of Internet - 4.90% (min $1K) my post

12-Month Certificates of Deposit:

• VirtualBank - 5.55% (min $10K), my post
• IndyMac Bank - 5.50% (min $5K), my post
• Ascencia Bank - 5.50% (min $500), my post
• Tennessee Commerce Bank - 5.45% (min $5K)
• AmTrustDirect - 5.41% (min $1K) my post
• E-LOAN - 5.41% ($10K min), my post
• Element Financial - 5.41% (min $5K), my post
• GMAC Bank - 5.40% (min $500), my post
• Flagstar - 5.40% (min $500), my post
• UmbrellaBank.com - 5.40% (min $1K)
• La Jolla Bank - 5.40% (min $10K), my post
• NetBank - 5.40% (min $1K), my post ($100 bonus)
• Corus Bank - 5.40% (min $10K)
• Transportation Alliance Bank - 5.39% ($1K min)
• Northrop Grumman FCU - 5.38% (min $40K), my post
• Western FCU - 5.38% (min $40K), my post
• Imperial Capital - 5.35% ($2K min), my post
• UFB Direct - 5.35% (min $8K)
• Mutual Bank - 5.35% (min $2.5K) my post
• ING Direct - 5.35%, my post
• Washington Mutual - 5.35% (min $1K), my post
• FirstFedDirect - 5.31%, (min $10K) my post
• Discover Bank - 5.30% (min $2.5K)
• National Bank of KC - 5.30% (min $10K), my post
• Countrywide - 5.30% (min $10K)
• iGobanking - 5.30% (min $500), my post
• Air Force FCU - 5.30% (min $12.5K) restrictions to membership, my post
• Self-Help Credit Union - 5.30% (min $500), my post
• KeyDirect - 5.25% (min $5K), my post
• ebank - 5.25% (min $1K), 5.50% for ePremium checking customers
• ETrade Bank - 5.25% (min $1K), my post
• EverBank - 5.23% ($1.5K min)
• Navy FCU - 5.20% ($20K min) restrictions to membership, my post
• Melrose CU - 5.20% (min $5K) my post
• AmboyDirect - 5.15% (min $10K), my post
• GTE FCU - 5.12% (min $500) my post
• Bank of Internet - 5.10% (min $1K) my post
• EmigrantDirect - 5.10% (min $1K)

18-Month Certificates of Deposit:

• E-LOAN - 5.50% ($10K min), my post
• Bank of Internet - 5.46% (min $1K) my post
• Tennessee Commerce Bank - 5.45% (min $5K)
• ETrade Bank - 5.40% (min $1K), my post
• Element Financial - 5.40% (min $5K), my post
• NetBank - 5.40% (min $1K), my post ($100 bonus)
• VirtualBank - 5.39% (min $10K), my post
• GMAC Bank - 5.35% (min $500)
• AmTrustDirect - 5.35% (min $1K) my post
• Discover Bank - 5.30% (min $2.5K)
• National Bank of KC - 5.30% (min $10K), my post
• iGobanking - 5.30% (min $500), my post
• ING Direct - 5.25%, my post
• EverBank - 5.22% ($1.5K min)
• Countrywide - 5.15% (min $10K)
• ebank - 5.15% (min $1K), 5.40% for ePremium checking customers
• EmigrantDirect - 5.10% (min $1K)

24-Month Certificates of Deposit:

• Ascencia Bank - 5.50% (min $500), my post
• E-LOAN - 5.50% ($10K min), my post
• Transportation Alliance Bank - 5.48% ($1K min)
• Mutual Bank - 5.47% (min $5K) my post
• Bank of Internet - 5.46% (min $1K) my post
• Tennessee Commerce Bank - 5.46% (min $5K)
• GMAC Bank - 5.40% (min $500)
• Air Force FCU - 5.40% (min $12.5K) restrictions to membership, my post
• NetBank - 5.40% (min $1K), my post ($100 bonus)
• Element Financial - 5.40% (min $5K), my post
• VirtualBank - 5.39% (min $10K), my post
• Northrop Grumman FCU - 5.38% (min $40K), my post
• Western FCU - 5.38% (min $40K), my post
• Washington Mutual - 5.35% (min $1K), my post
• AmTrustDirect - 5.35% (min $1K) my post
• UFB Direct - 5.35% (min $8K)
• Discover Bank - 5.30% (min $2.5K)
• National Bank of KC - 5.30% (min $10K), my post
• Navy FCU - 5.30% ($20K min) restrictions to membership, my post
• Self-Help Credit Union - 5.22% (min $500), my post
• EverBank - 5.21% ($1.5K min)
• Melrose CU - 5.20% (min $5K) my post
• KeyDirect - 5.20% (min $5K), my post
• Presidential Bank - 5.13% (min $1K)

36-Month Certificate of Deposit:

• Air Force FCU - 5.50% (min $12.5K) restrictions to membership, my post
• Transportation Alliance Bank - 5.50% ($1K min)
• Mutual Bank - 5.47% (min $5K) my post
• Bank of Internet - 5.46% (min $1K) my post
• E-LOAN - 5.46% ($10K min), my post
• Northrop Grumman FCU - 5.42% (min $40K), my post
• Western FCU - 5.42% (min $40K), my post
• GMAC Bank - 5.40% (min $500)
• UFB Direct - 5.40% (min $8K)
• Element Financial - 5.40% (min $5K), my post
• VirtualBank - 5.39% (min $10K), my post
• NetBank - 5.38% (min $1K), my post ($100 bonus)
• Washington Mutual - 5.35% (min $1K), my post
• Navy FCU - 5.35% ($20K min) restrictions to membership, my post
• First State Bank - 5.35% ($1K min), my post
• ETrade Bank - 5.30% (min $1K), my post
• Discover Bank - 5.30% (min $2.5K)
• National Bank of KC - 5.30% (min $10K), my post
• AmTrustDirect - 5.30% (min $1K) my post
• Self-Help Credit Union - 5.27% (min $500), my post
• EverBank - 5.26% ($1.5K min)
• KeyDirect - 5.25% (min $5K), my post
• Agriculture FCU - 5.20% (min $1K), my post
• Melrose CU - 5.20% (min $5K) my post
• Countrywide - 5.15% (min $10K)
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• EmigrantDirect - 5.10% (min $1K)
• Pentagon Federal CU - 5.00% (min $1K), my post

48-Month Certificate of Deposit:

• Transportation Alliance Bank - 5.50% ($1K min)
• E-LOAN - 5.50% ($10K min), my post
• Northrop Grumman FCU - 5.50% (min $40K), my post
• Western FCU - 5.50% (min $40K), my post
• Bank of Internet - 5.46% (min $1K) my post
• GMAC Bank - 5.45% (min $500)
• Navy FCU - 5.40% ($20K min) restrictions to membership, my post
• Element Financial - 5.40% (min $5K), my post
• VirtualBank - 5.39% (min $10K), my post
• Washington Mutual - 5.35% (min $1K), my post
• First State Bank - 5.35% ($1K min), my post
• NetBank - 5.35% (min $1K), my post ($100 bonus)
• Self-Help Credit Union - 5.33% (min $500), my post
• EverBank - 5.31% ($1.5K min)
• Discover Bank - 5.30% (min $2.5K)
• Agriculture FCU - 5.30% (min $1K), my post
• National Bank of KC - 5.30% (min $10K), my post
• KeyDirect - 5.30% (min $5K), my post
• Melrose CU - 5.20% (min $5K) my post
• Countrywide - 5.15% (min $10K)
• USA FCU - 5.12% (min $1K) my post
• ebank - 5.10% (min $1K), 5.35% for ePremium checking customers
• EmigrantDirect - 5.10% (min $1K)
• Pentagon Federal CU - 5.00% (min $1K), my post

60-Month Certificate of Deposit:

• E-LOAN - 5.60% ($10K min), my post
• Northrop Grumman FCU - 5.59% (min $40K), my post
• Western FCU - 5.59% (min $40K), my post
• Bank of Internet - 5.51% (min $1K) my post
• KeyDirect - 5.50% (min $5K), my post
• Navy FCU - 5.50% ($20K min) restrictions to membership, my post
• Air Force FCU - 5.50% (min $12.5K) restrictions to membership, my post
• Transportation Alliance Bank - 5.50% ($1K min)
• ETrade Bank - 5.47% (min $1K), my post
• GMAC Bank - 5.45% (min $500)
• Element Financial - 5.45% (min $5K), my post
• UFB Direct - 5.40% (min $8K)
• VirtualBank - 5.39% (min $10K), my post
• Self-Help Credit Union - 5.39% (min $500), my post
• EverBank - 5.36% ($1.5K min)
• Agriculture FCU - 5.35% (min $1K), my post
• First State Bank - 5.35% ($1K min), my post
• Washington Mutual - 5.35% (min $1K), my post
• Discover Bank - 5.30% (min $2.5K)
• National Bank of KC - 5.30% (min $10K), my post
• NetBank - 5.30% (min $1K), my post ($100 bonus)
• AmTrustDirect - 5.30% (min $1K) my post
• USA FCU - 5.27% (min $1K) my post
• Melrose CU - 5.25% (min $5K) my post
• Countrywide - 5.15% (min $10K)
• Presidential Bank - 5.13% (min $1K)
• EmigrantDirect - 5.10% (min $1K)
• ebank - 5.00% (min $1K), 5.35% for ePremium checking customers
• Pentagon Federal CU - 5.00% (min $1K), my post

84-Month Certificate of Deposit:

• Navy FCU - 5.60% ($20K min) restrictions to membership, my post
• KeyDirect - 5.60% (min $5K) (5.80% for $50k+ and 10yr), my post
• Countrywide - 5.15% (min $10K)
• EmigrantDirect - 5.10% (min $1K)
• Pentagon Federal CU - 5.00% (min $1K), my post

High Rates with Conditions or Large Balances - Open to All

• Latest CD and Savings Account Deals with No Major Deposit Limitiations
• 6.01% Reward Checking Account at State Bank of Toledo
• 6.01% Reward Checking Account at Provident Credit Union
• 6.01% Everbank 3-month intro rate on checking account
• 5.67% 3-Year / 5.61% 1-Year CD at Statebank of India ($95K+)
• 5.60% Reward Checking Account at First National Bank
• 5.48% 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% Savings Account for 118 Days at AmTrust (Arizona)
• 6.00% 6-Month Money Market Promo at a American Bank of New Jersey Branch
• 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
• Arizona 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
• Missouri deals and CD rates
• Montana deals and CD rates
• Nevada deals and CD rates
• New Hampshire deals and CD rates
• New Jersey deals and CD rates
• New Mexico deals and CD rates
• New York deals and CD rates
• North Carolina deals and CD rates
• Ohio deals and CD rates
• Oklahoma 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

• 6.04% 60-Month CD at a Multi-State CU (Bayer Heritage)
• 6.02% 60-Month CD at a California CU (Bay Federal)
• 6.00% 61-Month CD at a Michigan CU (Telcom)
• 6.00% 60-Month CD at a Indiana CU (Indiana Members)
• 6.00% 60-Month CD at a California CU (The Golden 1)
• 6.00% 60-Month CD at a Ohio Credit Union (CES)
• 5.92% 60-Month CD at a Texas CU (Greater Texas FCU)
• 5.69% 60-Month CD at a California CU (Coast Central)
• 5.65% 60-Month CD at a Pennsylvania CU (Diamond)
• 5.60% 60-Month CD at a Ohio CU - and all terms in between (Glass City)
• 5.59% 60-Month CD at a Florida CU (CFE)
• 5.50% 60-Month CD at a Texas Bank (Main Street)
• 5.50% 60-Month CD at a Los Angeles/New York CU (First Entertainment)

Terms of 24 Months to Under 60 Months

• 6.17% 50-Month CD at a New York CU (CFCU Community)
• 5.92% 30-Month CD at a New York/Pennsylvania CU (Visions)
• 5.90% 48-Month CD at a Multi-State CU (Bayer Heritage)
• 5.82% 36-Month CD at a New York CU (Telco)
• 5.75% 36-Month CD at a Arizona CU (Arizona Central)
• 5.75% 48-Month CD at a Colorado CU (Western Rockies)
• 5.70% 30-Month CD at a Illinois Bank (Belvidere)
• 5.69% 25-Month CD at a Pennsylvania CU (Galaxy)
• 5.66% 24-Month CD at a Texas CU (River City)
• 5.65% 30-Month CD at a TN/AR/MS Credit Union (American Savings)
• 5.65% 36-Month CD at a Oklahoma CU (Central Oklahoma)
• 5.65% 30-Month CD at a Carolina Bank (Blue Ridge Savings)
• 5.64% 24-Month CD at a California CU (Coast Central)
• 5.54% 36-Month CD at a Florida CU (CFE)
• 5.51% 24-Month CD at a New Jersey Bank (SussexBank)
• 5.50% 48-Month CD at a Pennsylvania CU (Diamond)
• 5.50% 24-Month CD at a Washington DC Credit Union (Signal Financial)
• 5.50% 24-Month CD at a Colorado CU (Western Rockies)

Terms of 12 Months to Under 24 Months

• 10.00% 12-Month CD at a California CU - $1K Max (Diablo Valley)
• 7.00% 12-Month CD at a New Jersey CU - $3K Max (North Jersey)
• 6.17% 18-Month CD at a New Mexico CU (First Financial)
• 6.10% 18-Month CD at a Florida CU (Tyndall)
• 6.05% 12-Month CD at a Virginia CU (NMA)
• 6.00% 17-Month CD at a Kansas Credit Union (BWCU)
• 5.81% 12-Month CD at a New York/Pennsylvania CU (Visions)
• 5.80% 17-Month CD at a California CU (The Golden 1)
• 5.80% 12-Month CD at a California CU (The Golden 1)
• 5.76% 12-Month CD at a California CU (Bay Federal)
• 5.75% 12-Month CD at a Georgia Bank (Alpha)
• 5.75% 15-Month CD at a Utah CU Continues (Tooele)
• 5.70% 12-Month CD at a Georgia Bank (American Southern)
• 5.67% 18-Month CD at a New York CU (Telco)
• 5.66% 12-Month CD at a Texas CU (River City)
• 5.65% 17-Month CD at a Kentucky CU (Fort Knox)
• 5.64% 20-Month CD at a New York CU (CFCU Community)
• 5.64% 12-Month CD at a Florida CU (City County)
• 5.60% 18-Month CD at a Texas Bank (First National Bank Southwest)
• 5.60% 18-Month CD at a TN/AR/MS Credit Union (American Savings)
• 5.60% 14-Month CD at a Nebraska Bank (First National Bank Omaha)
• 5.59% 12-Month CD at a Kansas/Missouri Bank (SolutionsBank)
• 5.56% 12-Month CD at a California CU (Redwood)
• 5.55% 12-Month CD at a Texas CU (Greater Texas FCU)
• 5.55% 12-Month CD at a DC Bank (Washington First)
• 5.55% 18-Month CD at a Delaware Bank (Community Bank Delaware)
• 5.55% 12-Month CD at a Tennessee/Virginia CU (Appalachian Community)
• 5.55% 20-Month CD at a Illinois CU - Open To All (Consumers)
• 5.54% 12-Month CD at a Texas Credit Union (Gulf Coast)
• 5.50% 18-Month CD at a Texas Bank (Main Street)
• 5.50% 15-Month CD at a Florida Bank (Old Cypress Community)
• 5.50% 13-Month CD at a Pennsylvania CU (Tri Boro)
• 5.50% 13-Month CD at a Florida CU (Jax Federal)
• 5.50% 17-Month CD at a Missouri Bank (WestBridge)
• 5.51% 12-Month CD at Nevada State Bank
• 5.50% 12-Month CD at a Los Angeles/New York CU (First Entertainment)
• 5.50% 12-Month CD at a Missouri Bank (WestBridge)
• 5.50% 23-Month CD at a California Bank (Pacific State)
• 5.50% 18-Month CD at a California Bank (Pacific State)
• 5.50% 14-Month CD at a Indiana/Michigan/Georgia Bank (Flagstar)
• 5.50% 12-Month CD at a North Carolina and Virginia Bank (Gateway)
• 5.50% 13-Month CD at a Carolina Bank (Blue Ridge Savings)
• 5.45% 12-Month CD at a Tennessee CU - 5.55% Jumbo (Eastman)
• 5.45% 12-Month CD at a Chicago Bank (Builders)
• 5.40% 12-Month CD at a Texas Bank (First National Bank Southwest)

Terms of Under 12 Months

• 9.00% 9-Month CD at a Colorado CU - $2K Max (Elevations)
• 7.79% 5-Month CD at a Oregon CU (Clackamas Community)
• 7.00% 7-Month CD at a Multi-State CU - $7K Max (Chartway)
• 6.14% 9-Month CD at a Virginia CU (Bronco)
• 6.06% 8-Month CD at a Pennsylvania CU (Pittsburgh Teachers)
• 6.00% 6-Month CD at a Florida Bank (Old Cypress Community)
• 6.00% 5-Month CD at a New Jersey Bank (Valley National)
• 6.00% 6-Month CD at a Georgia Bank (Alpha)
• 6.00% 10-Month CD at a Florida CU (Pen Air)
• 6.00% 7-Month CD at a Kentucky CU (Fort Knox)
• 6.00% 6-Month CD at a Florida CU - $25K Max (City County)
• 5.75% 8-Month CD at a South Florida CU (BrightStar)
• 5.70% 5-Month CD at a FL/NY/TX Bank (Commercebank)
• 5.70% 6-Month CD at a Georgia Bank (American Southern)
• 5.65% 9-Month CD at a Washington State CU (Great NorthWest)
• 5.65% 5-Month CD at a Florida CU (SunState)
• 5.64% 6-Month CD at a Virginia Bank (Sonabank)
• 5.64% 9-Month CD at a Massachusetts CU (Harvard University Employees)
• 5.61% 6-Month CD at a Wisconsin Bank (Town Bank)
• 5.60% 10-Month CD at a Tennessee Bank (Reliant)
• 5.60% 7-Month CD at a Florida Bank (Duval)
• 5.60% 3-Month CD at a Ohio CU - and all terms in between (Glass City)
• 5.59% 9-Month CD at a Kansas/Missouri Bank (SolutionsBank)
• 5.55% 5-Month CD at a Illinois Bank Plus iPod nano or $200 Checking Account Bonus (Evergreen Private Bank)
• 5.55% 7-Month CD at a Florida Bank (Encore)
• 5.55% 11-Month CD at a Florida Bank (TransCapital)
• 5.55% 4-Month CD at a Florida Bank (TransCapital)
• 5.55% 9-Month CD at a Utah CU Continues (Tooele)
• 5.54% 9-Month CD at a Arizona CU (Pinal County)
• 5.53% 9-Month CD at a Washington State CU (Harborstone)
• 5.51% 9-Month CD at a Texas Bank (First Community Bank)
• 5.50% 3, 6, 9 Month CD at a Los Angeles/New York CU (First Entertainment)
• 5.50% 9-Month CD at a California CU (The Golden 1)
• 5.50% 9-Month CD at a Montana CU (Valley)
• 5.50% 10-Month CD at a California CU - $90K (San Diego County)
• 5.50% 7-Month CD at a Massachusetts Bank (Ipswich Co-operative)
• 5.50% 7-Month CD at a Florida CU (Jax Federal)
• 5.50% 9-Month CD at a Washington State CU (Sound)
• 5.50% 8-Month CD at a Florida Bank (Third Federal)
• 5.50% 4-Month CD at a New Jersey CU (United Teletech Financial)
• 5.50% 3-Month CD at a North Carolina and Virginia Bank (Gateway)
• 5.50% 7-Month CD at a Massachusetts Bank (Institution for Savings)
• 5.50% 10-Month CD at a Florida Bank (Community Bank of Englewood)
• 5.46% 6-Month CD at a Wachovia in Southern California
• 5.45% 9-Month CD at a DC Bank (Washington First)
• 5.40% 9-Month CD at a New York Bank (Astoria Federal Savings)

Bank Account Alternatives

• Money Magazine article on risk-free investments
• Vanguard Prime Money Market Fund - 5.13% 7-day yield
• TIAA-CREF Money Market Fund - 5.05% 7-day yeild
• Paypal Money Market Fund - 5.02% 7-day yield (1% cashback debit MasterCard)
• Fidelity Money Market Fund - 5.00% 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

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