Frontier Bank is a 2% APY 6 month CD, a 2.35% APY 1 year CD and a 2.60% APY 2 year certificate of deposit all with a minimum deposit of just $500. If you open an account with at least $50,000 then the 1 year CD is bumped up to 2.40% and the 2 year…
Month: July 2009
Crane Federal Credit Union 2.75% 25 Month CD
Crane Federal Credit Union is offering a 2.78% APY 25 month CD, a 3.04% APY 3 year certificate of deposit and a 3.25% APY 4 year CD all with a minimum deposit of just $500. These rates are also available as an IRA CD rate. To visit their site click here. Membership to Crane Federal…
Bank of America Closing Branches
Bank of America is closing branches all across the country to cut back on expenses. Bank of America is planning on closing 10% of its branches which would equate to around 610 branch closings. Bank of America says that this move will save money for the bank, but won’t dramatically reduce the customer experience as…
Citizens First Bank 3.15% 22 Month CD
Citizens First Bank is offering a 3.15% APY 22 month CD with a minimum deposit of $1,000. Click here to visit their website. This certificate of deposit is available nationally and there’s an online application for the account. You can fund the account through and ACH transfer or by check. The rate locks only when…
Harleysville National Bank Sold to First Niagra Bank
Harleysville National Bank is being sold to Buffalo Based First Niagra Bank for $237 million. The two banks have put in place a purchase agreement that is to close early next year. Harleysville National Bank had failed to meet the capital demands of federal regulators by their June 30th deadline. Each Harleysville stockholder will receive…
State Bank of India 2.5% 1 Year CD
State Bank of India is offering a 2.5% APY 1 year CD, a 1.90% APY 3 month certificate of deposit, a 2.20% APY 6 month CD, a 2.75% 2 year CD, a 3% 3 year CD, and a 3.40% 5 year CD through any of their California branches. To get these rates you need to…
Beacon Federal Bank 2.45% 2 Year CD
Beacon Federal Bank is offering a 2.45% APY 2 year CD and a 2.25% APY for 18 month certificate of deposit with a minimum deposit of $2,500. This CD is also available as IRA CD rates. As an additional bonus you’re allowed a one-time increase in the CD rate during your term. If their CD…
CD Grace Period Bank Policies
So you’ve opened a new CD with a hot rate and you managed to lock it in for a year or two. Great job! But your work isn’t done yet. Unless your bank allows you to automatically withdraw the funds at maturity you need to keep track of when the CD rate expires. Most banks…
Peoples Bank 2.02% Savings Account
Peoples Bank in North Carolina is offering a savings account with 2.02% APY on balances over $10,000 and 0.5% APY for balances below. This account is available nationally. There’s a $500 minimum deposit which is also the daily balance needed to void a $15 quarterly fee. There are only 6 free withdrawals per quarter and…
Solera National Bank 3% Savings Account
Solera National Bank is currently offering savings accounts that yield 3% APY. This rate could change at any time, but it’s been level since January. You need at least a $100 balance to avoid a $5 quarterly fee, which should be pretty easy to do. Interest is paid out quarterly and if you close your…