BankUnited is offering a 2.75% APY 2 year CD, a 3% APY 4 year certificate of deposit, a 2.10% APY 1 year CD, and a 1.75% APY 8 month CD. The minimum deposit for all CDs is $5,000. The early withdrawal penalty is 180 days’ interest for terms over a year. This deal is available…
Month: June 2009
Miles by Discover® Credit Card Review
The Miles by Discover® credit card has changed some in the past few months and here’s my review on what you need to know about this credit card. Miles by Discover® comes with 0% APY on purchases for the first 6 months you have the card for. When you sign up for the card you…
Beach Business Bank 2.5% APY Savings Account
Beach Business Bank is offering 2.5% APY savings accounts starting July 1, 2009. The current rate is actually at 2.75% APY, but is set to drop on July 1st. The minimum deposit is a little steep at $10,000 and if your balance drops below that the rate is just 1%. There are no monthly service…
Broadway Federal Bank 2.53% 1 Year CD
Broadway Federal Bank is offering a 2.53% APY 1 year online CD with a minimum deposit of $1,000. There’s an online application and you can fund the CD by check or ACH transfer. The rate is locked when you submit your application, and you’ll need to send in proof of ID after you fill out…
United Federal Credit Union 6.01% APY Interest Checking Account
United Federal Credit Union is offering a 6.01% APY interest online checking account on balances up to $25,000. This rate is also guaranteed until the end of 2009 which is a pretty nice bonus. There’s a catch though, in order to qualify you must enroll in eStatements, get one direct deposit, and make 10 debit…
Stanford Financial Chairman Allen Stanford Indicted for Fraud
Texas billionaire Allen Stanford has been indicted for his involvement in a massive $8 billion ponzi scheme. Stanford, chairman of Stanford Financial, surrendered to FBI agents in Virginia and appears in court today on charges of fraud. Stanford was named the 205th richest man in the US in 2008 by Forbes magazine. Stanford Financial has…
Ally Bank Cuts CD and Savings Rates Again
Ally Bank cut their rates again although not by so much. Their savings account went from 2.05% to 2% APY, their 1 year CD went from 2.30% to 1.85% APY and their 9 month no penalty certificate of deposit rate went from 2.3% to 2.15% APY. Ally Bank was recently getting pressure from the ABA…
Free Sharp LCD TV Bonus at Irwin Union Bank for a CD
Irwin Union Bank is offering either a Sharp 22-inch HD LCD TV or a Flip MinoHD Mini-Camcorder when you open an 11 month CD with a minimum deposit of $20,000. This amazing offer is available nationally, but you can also get the bonus by opening a business checking account or money market account; however, you…
AIG Bank 2.11% APY Online Money Market Account
AIG Bank is offering competitive rates on their money market account with 1.76% APY for balances from $2,500 to $10,000, 1.96% from $10,000 to $50,000, 2.01% from $50,000 to $100,000, 2.06% from $100,000 to $250,000, and 2.11% for balances above $250,000. Accounts at AIG are nationally available. One thing to note is that you’ll need…
Hope Financial Loan Modification Scam
A group of scammers has been cold calling consumers posing as Hope Financial, a legitimate loan modification company that helps negotiate debt with credit card companies and banks. Apparently the scammers ask for consumers credit card information in order to charge them for “debt modification”. Hope Financial has been featured on the CBS Evening News…