Bank Deals Weekly Summary for December 29, 2007 read and submit comments for this post

Quick Link for Rates, Recap of this week's posts

There was no Christmas gift from Pentagon Federal Credit Union this week for savers. In previous years, PenFed introduced its high yield certificate specials right before the start of the New Year. Last year at this time, the top CD yield was 6.25% APY for terms of 3 years and over. But this year the highest rate is only 5.25% APY, and that's only for the 7-year term. The 5-year CD yield is 5.00% APY which was up only 5 basis points from last month. The 3 and 4 year rates remain at 4.75% APY. On the positive side, PenFed will be adding a 2% cash back for groceries on its cash back credit card which already has 5% cash back on gas and 1.25% cash back on everything else. There are also some nice deals for loans (see post).

Other than PenFed, it was a quiet holiday week for bank rates with few savings account and CD rate changes. Rates continued to trend downward. Banks and credit unions that lowered CD rates included EverBank, IndyMac, Imperial Capital, Apple Bank for Savings and Navy FCU.

One nice surprise for CD rates was at Ascencia Bank which increased its 6-month and 12-month CD rates to 5.11% APY and 5.03% APY. I added Pacific Mercantile Bank to the nationwide CD list with its 5.10% APY 12-month CD (see post). I also added Alliant Credit Union to the CD list. They're offering a 12-month and 24-month CD with a yield of 5.15% APY. I first reported on these CDs on December 3rd. These rates have become more competitive as other credit unions and banks have lowered their CD rates. Alliant Credit Union is one of the few credit unions with easy membership.

Another credit union with easy membership is Patelco Credit Union which continues to offer a special 5.50% APY 9-month CD. Starting next Tuesday (1/1/2008), Patelco should officially be federally insured by the NCUA (see post). I hope this CD special will continue into the new year.

For long term CD rates, KeyDirect continues to offer very competitive rates with yields of 5.25% APY for 30 to 47 month terms and for 5 and 6 year terms, 5.50% APY for 7 to 9 year terms and 5.70% APY for a 10 year term. Unfortunately, KeyDirect CDs are not available in 13 states.

High yield reward checking accounts continue to pop up as more banks launch these. I reported on several new ones this week with yields of 6.01% APY. Most continue to be local deals. There are a few that are available nationally with yields of 6.01% APY. However, the list is shrinking. A couple of weeks ago, State Bank of Toledo lowered its 6.01% APY to 5.01% APY. This week, Provident Credit Union lowered its 6.01% APY to 5.51% APY. It still remains to be seen if these high yield reward checking accounts can maintain rates significantly higher than online savings accounts.

Recap for the Week

CD Deals - National

• New PenFed Certificate Rates Released
• 5.10% 12-Month CD at Pacific Mercantile Bank

Credit Card Deals

• Bank of America $100 Credit Card Bonus

Reward Checking Accounts - Local

• 6.01% Reward Checking Account at a MA/ME Bank (Butler)
• 6.01% Reward Checking Account at a Massachusetts Bank (Haverhill)
• 6.01% Reward Checking Account at a New Jersey Bank (Heritage Community)

CD and Money Market Deals - Local

• 5.48% 60-Month / 5.17% 24-Month CD at a Texas CU (InvesTex)
• 5.48% 24-Month CD at a Texas/New Mexico CU (FirstLight)
• 5.30% 60-Month CD at an Indiana CU (Pro Fed)
• 5.35% 24-Month / 5.35% 60-Month CD at a Washington State CU (NW Plus)
• 5.35% 15-Month CD at a Virginia/DC Credit Union (State Department)
• 5.85% 7-Month CD at a Massachusetts CU (Stoneham Municipal Employees) - EXPIRED
• 5.35% 6-Month CD at a North Carolina Bank (Caronlina Premier)

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 Dec 22nd, Dec 15th, Dec 8th, Dec 1st, Nov 24th, Nov 17th, Nov 10th, Nov 3rd and Oct 27th.

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 December 29, 2007

Checking/Savings/Money Market Accounts:

• Checking/Savings Account Bonuses
• The Best Checking Accounts - Including Reward Checking
• Latest CD and Savings Account Deals with No Major Deposit Limitiations

• EverBank - 5.51% ($1.5K min), 3mo promo, account review
• UmbrellaBank - 5.50% (min $100), 3mo promo, account review
• OneUnited - 5.30% (min $1K), account review
• Countrywide - 5.30% (min $10K), account review
• UFB Direct - 5.22%, account review
• BankUnited - 5.15% (min $5K), account review
• AmTrustDirect - 5.11% 3mo promo, (e-Savings) account review
• Corus Bank - 5.11% MMA (min $10K) account review
• ETrade Bank - 5.05%, post ($25 bonus)
• FirstFedDirect - 5.05% (min $1K) (closed to CA residents), account review
• FNBO Direct - 5.05%, account review
• BancoFortuna.com - 5.05%, account review
• Flagstar - 5.00% MMA, account review
• ShoreBank - 5.00%, account review ($25 bonus)
• UmbrellaBank - 5.00% MMA (min $1K), account review
• Doral Bank Direct - 5.00% (min $1K) account review
• Savings Square - 5.00%, account review
• grand yield direct - 4.90% (min $2.5K) account review
• Indymac Bank - 4.90% MMA (min $25K), account review
• WTDirect - 4.90% ($10K min), account review
• iGobanking - 4.90%, account review
• Zions Bank - 4.86% MMA, outside of Utah, (min $1K) (5.13% $50K+), account review
• M&T Bank - 4.85%, account review
• Heartland Bank Direct - 4.80%, ($500 min), account review ($50 bonus)
• KeyDirect - 4.75% MMA (min $50), Not all states, account review
• AmboyDirect - 4.75% post ($25 bonus)
• PFF Bank and Trust - 4.75% (min $1K), account review
• Washington Mutual - 4.75% (requires checking), account review
• EmigrantDirect - 4.65%, account review
• Direct Huntington - 4.60% ($1K min), account review
• CapitalOne/Costco - 4.60% MMA (min $5K, Costco members only, $50 deal for exec. members)
• AmTrustDirect - 4.60% (e-Money Market) account review
• Century Bank Direct - 4.54% (min $100) account review
• EverBank - 4.51% ($1.5K min) account review
• GMAC Bank - 4.50% MMA (min $500), account review
• MyBankingDirect - 4.50% MMA (min $5K), account review
• Citibank - 4.50%, requires checking account and bill pay usage, account review
• E-LOAN - 4.50% ($5K min), account review
• Bank of America DoW - 4.45% MMA (min $10K) (4.71% for $50K+), account review
• Capital One - 4.40% MMA, account review
• Presidential Bank - 4.40% (min $5K, only first $35K receives this rate), offers 3.50% checking, account review
• Discover Bank - 4.39% MMA (min $10K)(4.49% for $50K+)
• Self-Help Credit Union - 4.32% MMA (min $500), account review
• Bank of America AAA/NEA - 4.32% MMA ($10K min) (4.58% for $50K+) account review
• HSBC Direct - 4.25%, account review
• UnivestDirect - 4.25%, (3.40% checking), account review
• Mutual Bank - 4.25% MMA (min $5K), account review
• Salem Five Direct - 4.10% Checking (4.30% $25K+), account review
• ING Direct - 4.10%, (3.15% checking), post ($25 bonus)
• Transportation Alliance Bank - 4.08%, ($25 min), account review
• Melrose CU - 4.06% (min $25) account review
• Imperial Capital - 4.05% MMA ($2.5K min) (5% for $100K+) account review
• VirtualBank - 4.03% (min $100), (4.34% $50K+/ 4.81% $100K+) offers checking, post ($20 bonus)
• MetLife Bank - 4.00% MMA (min $5K), post ($50 bonus)
• Charles Schwab - 4.00% Checking, account review
• Tennessee Commerce Bank - 3.50% (min $10K), account review
• NewBank - 3.50% Checking, post ($50 bonus)
• ebank - 2.75% MMA ($10K min), account review

3-Month Certificates of Deposit:

• Countrywide - 5.50% (min $10K), account review
• IndyMac Bank - 5.40% (3 & 4 month) (min $5K), account review
• TD Ameritrade - 5.30% (min $10K), brokered, account review
• UmbrellaBank - 5.10% (min $1K)
• FirstFedDirect - 5.01% (min $10K), account review
• ETrade Bank - 5.00% (min $1K), account review
• UFB Direct - 5.00% (min $8K)
• E-LOAN - 5.00% ($10K min), account review
• Imperial Capital - 4.80%, ($2K min), account review
• EverBank - 4.75% ($1.5K min)
• GMAC Bank - 4.75% (min $500), account review
• ebank - 4.75% (min $1K), 5.00% for ePremium checking customers
• Element Financial - 4.65% (min $10K), account review
• National Bank of KC - 4.35% (min $10K), account review
• VirtualBank - 4.08% (min $10K), account review
• Self-Help Credit Union - 3.82% (min $500), account review

6-Month Certificates of Deposit:

• Countrywide - 5.50% (min $10K), account review
• Superior Savings - 5.25% (7 mo) (min $500) account review
• Doral Bank Direct - 5.25% (min $1K) account review
• KeyDirect - 5.20% (min $5K), Not all states, account review
• ETrade Bank - 5.18% (min $1K), account review
• UmbrellaBank - 5.17% (min $1K)
• Ascencia Bank - 5.11% (min $500), account review
• Corus Bank - 5.10% (min $10K) account review
• Washington Mutual - 5.10% (min $1K), account review
• Flagstar - 5.10% (min $500), account review
• E-LOAN - 5.07% ($10K min), account review
• FirstFedDirect - 5.05% (min $10K), account review
• IndyMac Bank - 5.05% (min $5K), account review
• Century Bank Direct - 5.01% (5 mo) (min $1K) account review
• Northrop Grumman FCU - 5.00% (min $40K), account review
• NASA FCU - 5.00% (5 mo) (min $1K) account review
• CU of Georgia - 4.97% (min $50K), account review
• UFB Direct - 4.90% (min $8K)
• LaSalle Bank - 4.90% (5 mo)(min $10K), account review
• Imperial Capital - 4.85%, ($2K min), account review
• La Jolla Bank - 4.80% (min $10K), account review
• Tennessee Commerce Bank - 4.80% (min $5K)
• EverBank - 4.79% ($1.5K min)
• Bank of Internet - 4.76% (min $1K) account review
• Western FCU - 4.76% (min $40K), account review
• Intervest - 4.75% (min $2.5K), account review
• ebank - 4.75% (min $1K), 5.00% for ePremium checking customers
• Lehman Brothers Bank - 4.71% (min $1K)
• Element Financial - 4.70% (min $10K), account review
• ING Direct - 4.70%, account review
• GMAC Bank - 4.65% (min $500), account review
• EmigrantDirect - 4.55% (min $1K)
• iGobanking - 4.50% (min $500), account review
• National Bank of KC - 4.35% (min $10K), account review
• Wells Fargo - 4.35% (5 months) (min $5K), rate and min vary by state, account review
• AmTrustDirect - 4.25% (min $1K) account review
• VirtualBank - 4.08% (min $10K), account review
• Self-Help Credit Union - 4.03% (min $500), account review
• Capital One - 3.00% (min $5K)

9-Month Certificates of Deposit:

• Patelco CU - 5.50% (min $1K), not NCUA insured, account review
• FNBO Direct - 5.25% (min $500) account review
• Doral Bank Direct - 5.25% (min $1K) account review
• Countrywide - 5.15% (min $10K), account review
• NASA FCU - 5.10% (10 months) (min $5K) account review
• FirstFedDirect - 5.05% (min $10K), account review
• Academy Bank - 5.00% (min $500), account review
• UmbrellaBank - 4.86% (min $1K)
• AmboyDirect - 4.85% (min $10K), account review
• EverBank - 4.79% ($1.5K min)
• Bank of Internet - 4.76% (min $1K) account review
• Century Bank Direct - 4.75% (10 mo) (min $1K) account review
• Imperial Capital - 4.75% ($2K min), account review
• Element Financial - 4.70% (min $10K), account review
• ING Direct - 4.70% (new money), account review
• IndyMac Bank - 4.70% (min $5K), account review
• EmigrantDirect - 4.55% (min $1K)
• iGobanking - 4.50% (min $500), account review
• GMAC Bank - 4.50% (min $500), account review
• National Bank of KC - 4.35% (min $10K), account review
• AmTrustDirect - 4.25% (min $1K) account review
• VirtualBank - 4.08% (min $10K), account review

12-Month Certificates of Deposit:

• FirstFedDirect - 5.15%, (min $10K) account review
• Doral Bank Direct - 5.15% (min $1K) account review
• Alliant Credit Union - 5.15% (min $1K) account review
• CU of Georgia - 5.13% (min $50K), account review
• Corus Bank - 5.10% (min $10K) account review
• Zopa - 5.10% (min $500) account review
• Countrywide - 5.10% (min $10K), account review
• Pacific Mercantile Bank - 5.10% (min $10K) account review
• Principal Bank - 5.05% (14 mo) (min $5K), account review
• Ascencia Bank - 5.03% (min $500), account review
• UmbrellaBank - 5.02% (min $1K)
• Apple Bank - 5.02% (min $500) account review
• E-LOAN - 5.01% ($10K min), account review
• ETrade Bank - 5.00% (min $1K), account review
• NewBank - 5.00% (min $5K), account review
• Delta Community CU - 5.00% (min $1K) account review
• Flagstar - 5.00% (min $500), account review
• Air Force FCU - 5.00% (min $25K) restrictions to membership, account review
• Northrop Grumman FCU - 4.96% (min $40K), account review
• La Jolla Bank - 4.90% (min $10K), account review
• Element Financial - 4.90% (min $10K), account review
• Huntington - 4.90% (14 mo) (min $2K) account review
• Melrose CU - 4.89% (min $5K) account review
• Intervest - 4.87% (min $2.5K), account review
• Tennessee Commerce Bank - 4.85% (min $5K)
• Academy Bank - 4.80% (min $500), account review
• Western FCU - 4.80% (min $40K), account review
• Washington Mutual - 4.80% (min $1K), account review
• Bank of Internet - 4.76% (min $1K) account review
• KeyDirect - 4.75% (min $5K), Not all states, account review
• FNBO Direct - 4.75% (min $500) account review
• Capital One - 4.75% (min $5K)
• First State Bank - 4.75% ($1K min), account review
• ebank - 4.75% (min $1K), 5.00% for ePremium checking customers
• EverBank - 4.71% ($1.5K min)
• GTE FCU - 4.70% (min $500) account review
• ING Direct - 4.70% (new money), account review
• Transportation Alliance Bank - 4.70% ($1K min)
• Lehman Brothers Bank - 4.65% (min $1K)
• Discover Bank - 4.60% (min $2.5K)
• IndyMac Bank - 4.60% (min $5K), account review
• Imperial Capital - 4.60% ($2K min), account review
• EmigrantDirect - 4.55% (min $1K)
• Navy FCU - 4.55% ($20K min) restrictions to membership, account review
• iGobanking - 4.50% (min $500), account review
• GMAC Bank - 4.50% (min $500), account review
• National Bank of KC - 4.35% (min $10K), account review
• UFB Direct - 4.30% (min $8K)
• AmTrustDirect - 4.25% (min $1K) account review
• H&R Block Bank - 4.25% (min $250) account review
• Self-Help Credit Union - 4.17% (min $500), account review
• VirtualBank - 4.08% (min $10K), account review
• Mutual Bank - 3.90% (min $1K) account review

18-Month Certificates of Deposit:

• Doral Bank Direct - 5.10% (min $1K) account review
• Provident CU - 5.01% (16 mo) (min $1K), account review
• NewBank - 5.00% (min $5K), account review
• Flagstar - 5.00% (min $500), account review
• Intervest - 4.90% (min $2.5K), account review
• Academy Bank - 4.85% (min $500) account review
• Tennessee Commerce Bank - 4.85% (min $5K)
• Countrywide - 4.75% (min $10K)
• Capital One - 4.75% (min $5K)
• First State Bank - 4.75% ($1K min), account review
• ebank - 4.75% (min $1K), 5.00% for ePremium checking customers
• EverBank - 4.71% ($1.5K min)
• Element Financial - 4.70% (min $10K), account review
• ING Direct - 4.65%, account review
• Lehman Brothers Bank - 4.65% (min $1K)
• Discover Bank - 4.60% (min $2.5K)
• Bank of Internet - 4.55% (min $1K) account review
• EmigrantDirect - 4.55% (min $1K)
• FNBO Direct - 4.50% (min $500) account review
• iGobanking - 4.50% (min $500), account review
• National Bank of KC - 4.35% (min $10K), account review
• AmTrustDirect - 4.25% (min $1K) account review
• GMAC Bank - 4.25% (min $500)
• H&R Block Bank - 4.25% (min $250) account review
• IndyMac Bank - 4.15% (min $5K), account review
• VirtualBank - 4.08% (min $10K), account review
• ETrade Bank - 4.00% (min $1K), account review

24-Month Certificates of Deposit:

• CU of Georgia - 5.17% (min $50K), account review
• Alliant Credit Union - 5.15% (min $1K) account review
• Doral Bank Direct - 5.10% (min $1K) account review
• Apple Bank - 5.02% (min $500) account review
• Flagstar - 5.01% (min $500), account review
• Delta Community CU - 5.00% (min $1K) account review
• Air Force FCU - 5.00% (min $25K) restrictions to membership, account review
• Intervest - 4.93% (min $2.5K), account review
• Melrose CU - 4.84% (min $5K) account review
• Tennessee Commerce Bank - 4.80% (min $5K)
• E-LOAN - 4.80% ($10K min), account review
• KeyDirect - 4.75% (min $5K),Not all states, account review
• NewBank - 4.75% (min $5K), account review
• Countrywide - 4.75% (min $10K)
• Capital One - 4.75% (min $5K)
• Western FCU - 4.70% (min $40K), account review
• Transportation Alliance Bank - 4.70% ($1K min)
• Northrop Grumman FCU - 4.66% (min $40K), account review
• Element Financial - 4.65% (min $10K), account review
• ING Direct - 4.65%, account review
• Lehman Brothers Bank - 4.65% (min $1K)
• Navy FCU - 4.65% ($20K min) restrictions to membership, account review
• Bank of Internet - 4.60% (min $1K) account review
• Discover Bank - 4.60% (min $2.5K)
• EverBank - 4.60% ($1.5K min)
• Ascencia Bank - 4.58% (min $500), account review
• FNBO Direct - 4.50% (min $500) account review
• National Bank of KC - 4.35% (min $10K), account review
• Presidential Bank - 4.35% (min $1K)
• ebank - 4.35% (min $1K), 4.60% for ePremium checking customers
• H&R Block Bank - 4.25% (min $250) account review
• GMAC Bank - 4.10% (min $500)
• VirtualBank - 4.08% (min $10K), account review
• UFB Direct - 4.00% (min $8K)
• AmTrustDirect - 4.00% (min $1K) account review
• IndyMac Bank - 4.00% (min $5K), account review
• Mutual Bank - 3.95% (min $1K) account review
• Self-Help Credit Union - 3.83% (min $500), account review

36-Month Certificate of Deposit:

• CU of Georgia - 5.27% (min $50K), account review
• KeyDirect - 5.25% (min $5K),Not all states, account review
• Doral Bank Direct - 5.10% (min $1K) account review
• Air Force FCU - 5.10% (min $25K) restrictions to membership, account review
• Delta Community CU - 5.00% (min $1K) account review
• Flagstar - 5.00% (min $500), account review
• Intervest - 4.95% (min $2.5K), account review
• Patelco CU - 4.91% ($1K min), not NCUA insured, account review
• Principal Bank - 4.90% (33 mo) (min $5K), account review
• Western FCU - 4.85% (min $40K), account review
• Capital One - 4.85% (min $5K)
• Melrose CU - 4.84% (min $5K) account review
• Agriculture FCU - 4.80% (min $1K), account review
• Navy FCU - 4.80% ($20K min) restrictions to membership, account review
• E-LOAN - 4.76% ($10K min), account review
• Tennessee Commerce Bank - 4.75% (min $5K)
• Pentagon Federal CU - 4.75% (min $1K), account review
• NewBank - 4.75% (min $5K), account review
• Countrywide - 4.75% (min $10K)
• Lehman Brothers Bank - 4.71% (min $1K)
• Element Financial - 4.70% (min $10K), account review
• Transportation Alliance Bank - 4.70% ($1K min)
• ING Direct - 4.65%, account review
• First State Bank - 4.65% ($1K min), account review
• Discover Bank - 4.60% (min $2.5K)
• EmigrantDirect - 4.55% (min $1K)
• Bank of Internet - 4.50% (min $1K) account review
• EverBank - 4.49% ($1.5K min)
• Northrop Grumman FCU - 4.49% (min $40K), account review
• National Bank of KC - 4.35% (min $10K), account review
• ebank - 4.35% (min $1K), 4.60% for ePremium checking customers
• AmTrustDirect - 4.25% (min $1K) account review
• H&R Block Bank - 4.25% (min $250) account review
• GMAC Bank - 4.20% (min $500)
• VirtualBank - 4.08% (min $10K), account review
• UFB Direct - 4.05% (min $8K)
• ETrade Bank - 4.00% (min $1K), account review
• Mutual Bank - 4.00% (min $1K) account review
• IndyMac Bank - 4.00% (min $5K), account review
• Self-Help Credit Union - 3.92% (min $500), account review

48-Month Certificate of Deposit:

• CU of Georgia - 5.33% (min $50K), account review
• MidAmerica Bank - 5.25% (min $10K), chk req, account review
• Doral Bank Direct - 5.10% (min $1K) account review
• Flagstar - 5.00% (min $500), account review
• Patelco CU - 5.00% ($1K min), not NCUA insured, account review
• Capital One - 5.00% (min $5K)
• Intervest - 4.98% (min $2.5K), account review
• Western FCU - 4.90% (min $40K), account review
• Agriculture FCU - 4.90% (min $1K), account review
• Navy FCU - 4.85% ($20K min) restrictions to membership, account review
• Melrose CU - 4.84% (min $5K) account review
• E-LOAN - 4.80% ($10K min), account review
• Element Financial - 4.80% (min $10K), account review
• Lehman Brothers Bank - 4.76% (min $1K)
• Tennessee Commerce Bank - 4.75% (min $5K)
• KeyDirect - 4.75% (min $5K),Not all states, account review
• Washington Mutual - 4.75% (min $1K), account review
• Pentagon Federal CU - 4.75% (min $1K), account review
• Countrywide - 4.75% (min $10K)
• USA FCU - 4.75% (min $1K) account review
• Northrop Grumman FCU - 4.72% (min $40K), account review
• Transportation Alliance Bank - 4.70% ($1K min)
• Discover Bank - 4.65% (min $2.5K)
• ING Direct - 4.65%, account review
• First State Bank - 4.65% ($1K min), account review
• EmigrantDirect - 4.55% (min $1K)
• Bank of Internet - 4.50% (min $1K) account review
• EverBank - 4.49% ($1.5K min)
• National Bank of KC - 4.35% (min $10K), account review
• ebank - 4.35% (min $1K), 4.60% for ePremium checking customers
• GMAC Bank - 4.30% (min $500)
• H&R Block Bank - 4.25% (min $250) account review
• IndyMac Bank - 4.10% (min $5K), account review
• Self-Help Credit Union - 4.09% (min $500), account review
• VirtualBank - 4.08% (min $10K), account review

60-Month Certificate of Deposit:

• CU of Georgia - 5.38% (min $50K), account review
• Northrop Grumman FCU - 5.32% (min $40K), account review
• Telcom Credit Union - 5.25% (61 mo) (min $5K) account review
• KeyDirect - 5.25% (min $5K), Not all states, account review
• Doral Bank Direct - 5.10% (min $1K) account review
• Apple Bank - 5.05% (min $500) account review
• Capital One - 5.01% (min $5K)
• Pentagon Federal CU - 5.00% (min $1K), account review
• Delta Community CU - 5.00% (min $1K) account review
• Patelco CU - 5.00% ($1K min), not NCUA insured, account review
• Flagstar - 5.00% (min $500), account review
• Agriculture FCU - 5.00% (min $1K), account review
• Intervest - 5.00% (min $2.5K), account review
• Western FCU - 4.95% (min $40K) account review
• Melrose CU - 4.94% (min $5K) account review
• ING Direct - 4.90%, account review
• Element Financial - 4.90% (min $10K), account review
• Air Force FCU - 4.90% (min $25K) restrictions to membership, account review
• Navy FCU - 4.90% ($20K min) restrictions to membership, account review
• E-LOAN - 4.86% ($10K min), account review
• Lehman Brothers Bank - 4.86% (min $1K)
• EverBank - 4.85% ($1.5K min)
• USA FCU - 4.85% (min $1K) account review
• Tennessee Commerce Bank - 4.75% (min $5K)
• Washington Mutual - 4.75% (min $1K), account review
• Countrywide - 4.75% (min $10K)
• Mutual Bank - 4.75% (min $5K) account review
• Discover Bank - 4.70% (min $2.5K)
• Transportation Alliance Bank - 4.70% ($1K min)
• First State Bank - 4.70% ($1K min), account review
• EmigrantDirect - 4.55% (min $1K)
• Bank of Internet - 4.50% (min $1K) account review
• H&R Block Bank - 4.50% (min $250) account review
• GMAC Bank - 4.45% (min $500)
• Presidential Bank - 4.40% (min $1K)
• National Bank of KC - 4.35% (min $10K), account review
• ebank - 4.35% (min $1K), 4.60% for ePremium checking customers
• ETrade Bank - 4.30% (min $1K), account review
• Self-Help Credit Union - 4.25% (min $500), account review
• UFB Direct - 4.25% (min $8K)
• AmTrustDirect - 4.25% (min $1K) account review
• IndyMac Bank - 4.10% (min $5K), account review
• VirtualBank - 4.08% (min $10K), account review

84-Month Certificate of Deposit:

• KeyDirect - 5.50% (min $5K) (5.75% 10yr, $50K+), Not all states, account review
• Capital One - 5.30% (5.40% 10yr)(min $5K)
• Pentagon Federal CU - 5.25% (min $1K), account review
• Intervest - 5.02% (min $2.5K), 5.15% for 10yr, account review
• Navy FCU - 4.95% ($20K min) restrictions to membership, account review
• Countrywide - 4.75% (min $10K)
• EmigrantDirect - 4.55% (min $1K)

High Yield Checking Accounts with Conditions - Open to All

• 6.01% Reward Checking Account at Charter Bank
• 6.01% Reward Checking Account at Consumers Credit Union
• 5.51% Reward Checking Account at Provident Credit Union
• 5.51% EverBank 3-month intro rate on checking account and money market
• 5.01% Reward Checking Account at State Bank of Toledo
• 5.00% Reward Checking Account at First National Bank

Checking and Saving Accounts at Local Banks/Credit Unions

• Local High Yield Reward Checking Accounts
• 5.50% 3-Month Money Market Promo at Amboy (New Jersey)
• 4.85% No-Minimum Online Savings Account (New York)
• 4.65% Checking Account (Florida)
• 4.45% Money Market Account (Utah)
• 4.25% Low-Minimum Online Savings Account (California)
• 4.00% Free Checking at Capital One (Central Texas)
• Savings Account Tied to Prime Rate (Ohio)

CD Specials at Local Credit Unions/Banks Over the Last Month

• Alabama deals and CD rates
• Alaska deals and CD rates
• Arizona deals and CD rates
• Arkansas deals and CD rates
• California deals and CD rates
• Colorado deals and CD rates
• Connecticut deals and CD rates
• Delaware deals and CD rates
• District of Columbia deals and CD rates
• Florida deals and CD rates
• Georgia deals and CD rates
• Hawaii deals and CD rates
• Idaho deals and CD rates
• Illinois deals and CD rates
• Indiana deals and CD rates
• Iowa deals and CD rates
• Kansas deals and CD rates
• Kentucky deals and CD rates
• Louisiana deals and CD rates
• Maine deals and CD rates
• Maryland deals and CD rates
• Massachusetts deals and CD rates
• Michigan deals and CD rates
• Minnesota deals and CD rates
• Mississippi deals and CD rates
• Missouri deals and CD rates
• Montana deals and CD rates
• Nebraska 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
• North Dakota 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
• South Dakota deals and CD rates
• Tennessee deals and CD rates
• Texas deals and CD rates
• Utah deals and CD rates
• Vermont deals and CD rates
• Virginia deals and CD rates
• Washington State deals and CD rates
• West Virginia deals and CD rates
• Wisconsin deals and CD rates
• Wyoming deals and CD rates

Terms of 60 Months and Over

• 5.75% 60-Month CD at a Idaho/Washington CU (Potlatch No. 1)
• 5.65% 60-Month CD at a Utah Credit Union (Utah Community)
• 5.50% 60-Month CD at a Maryland CU (Prince George's Community)
• 5.48% 60-Month CD at a Texas CU (InvesTex)
• 5.36% 60-Month CD at a New York CU (SeaComm)
• 5.35% 60-Month CD at a Washington State CU (NW Plus)
• 5.30% 60-Month CD at a Indiana CU (Pro Fed)
• 5.25% 60-Month CD at a Pennsylvania CU (Diamond)
• 5.25% 60-Month CD at a New York Bank (LibertyPointe)

Terms of 24 Months to Under 60 Months

• 5.80% 24-Month CD at a Massachusetts CU (MIT)
• 5.55% 48-Month CD at a Utah Credit Union (Utah Community)
• 5.48% 24-Month CD at a Texas/New Mexico CU (FirstLight)
• 5.40% 36-Month CD at a TX/CO Credit Union (Security Service)
• 5.35% 24-Month CD at a TX/CO Credit Union (Security Service)
• 5.35% 24-Month CD at a Washington State CU (NW Plus)
• 5.28% 24-Month CD at a DC Credit Union (Signal Financial)
• 5.25% 24-Month CD at a Idaho/Washington CU (Potlatch No. 1)
• 5.25% 24-Month CD at a Maryland CU (Prince George's Community)
• 5.20% 48-Month CD at a Pennsylvania CU (Diamond)
• 5.20% 36-Month CD at a Texas Credit Union (SACU)
• 5.17% 24-Month CD at a Texas CU (InvesTex)
• 5.15% 24-Month CD at a Illinois CU - easy membership (Alliant)
• 5.15% 24-Month CD at a New York CU - $99K Min (Western New York FCU)

Terms of 12 Months to Under 24 Months

• 5.75% 12-Month CD at a Southern California CU (Patriots)
• 5.75% 13-Month CD at a California/Arizona CU (LA Financial)
• 5.43% 15-Month CD at a Carolina CU Continues (Carolina Telco)
• 5.35% 15-Month CD at a Virginia/DC Credit Union (State Department)
• 5.30% 17-Month CD at a California CU (Tulare County)
• 5.25% 18-Month CD at a New York Bank (LibertyPointe)
• 5.25% 12-Month CD at a California CU (San Mateo)
• 5.20% 18-Month CD at a New York CU (SeaComm)
• 5.19% 18-Month CD at a Michigan CU and Update on a Failed CU (Detroit Edison)
• 5.18% 12-Month CD at a DC Credit Union (Signal Financial)
• 5.15% 12-Month CD at a Illinois CU - easy membership (Alliant)
• 5.10% 13-Month CD at a Colorado CU (Elevations)
• 5.10% 17-Month CD at a New York Credit Union (DOT)

Terms of Under 12 Months

• 9.00% 9-Month CD at a Colorado Credit Union Continues - $2K Max (Elevations)
• 7.77% 7-Month CD at a Illinois Bank - $7.7K Max (Bridgeview)
• 7.45% 9-Month CD at a Southern California CU - $7.5K Max (Patriots)
• 6.00% 6-Month CD at a Florida CU (MidFlorida)
• 6.00% 5-Month CD at a Connecticut CU - $16K Max (CorePlus)
• 5.50% 5-Month CD at a California CU (San Mateo)
• 5.50% 9-Month CD at a Los Angeles CU (Water and Power Community)
• 5.45% 11-Month CD at a Florida Bank (First Florida)
• 5.45% 7-Month CD at a Florida Bank (First Florida)
• 5.35% 6-Month CD at a North Carolina Bank (Caronlina Premier)
• 5.28% 6-Month CD at a Colorado CU (Elevations)
• 5.25% 7-Month CD at a Florida Bank (CenterState)
• 5.25% 11-Month CD at a California CU (Tulare County)
• 5.25% 9-Month CD at a Maryland CU - Easy Membership (Money One)
• 5.25% 9-Month CD at a Vermont/New Hampshire CU (Heritage Family)
• 5.15% 11-Month CD at a Florida Bank (CenterState)

Bank Account Alternatives

• Money Magazine article on risk-free investments
• GE Interest Plus - 4.80% rate for $50k+
• Fidelity Money Market Fund - 4.76% 7-day yield ($100 bonus and other info)
• Paypal Money Market Fund - 4.64% 7-day yield (1% cashback debit MasterCard)
• Vanguard Prime Money Market Fund - 4.61% 7-day yield
• TIAA-CREF Money Market Fund - 4.40% 7-day yeild
• 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)