Heritage Bank is offering a 2.55% interest checking account for all balances. There are a few requirements however. You must make 10 check card purchases, one direct deposit, and receive e-statements every month. If these requirements aren’t met the interest rate falls to 0.1%. The account also comes with up to $25 in ATM reimbursements…
Bank United, FSB was closed by federal regulators today. Bank United FSB was the largest Florida bank and is the largest bank to fail so far in 2009. Private Investors won the bidding for the failed bank and service for the bank should be uninterrupted as it transitions to its new owners. No money will…
This promotion has expired. Chase Bank is offering the same deal that WaMu was offering, a free $100 bonus when you open a new online checking account with at least $100 and either sign up for direct deposit or make 5 debit card purchases. This one is a little different from the WaMu one was…
WaMu is offering a free $100 bonus when you open a checking account and sign up for direct deposit or use your debit card at least 5 times. To qualify for this promotion, you need at least a $100 opening balance and within 60 days you must receive a direct deposit in your account or…
For those of you who don’t know a bill was presented to the Senate today that would stop credit card companies from arbitrarily changing interest rates on cards. The credit card bill was passed with a vote of 90-5 in a bipartisan effort to stop credit card companies from unfairly changing the agreed upon interest…
Everbank‘s FreeNet Checking Account, which offers an intro rate of 2.51% for the first 3 months followed by between 1.02 to 1.65% APY, has recently updated its fee schedule. They used to have an online billpay requirement of $1,500 but now has been bumped up to $5,000. If you have online billpay and fail to…
Foster Bank is offering a 2.60% APY 19 month CD and a 2.40% APY 10 month certificate of deposit with a minimum deposit of $1,000, and a maximum deposit of $100,000. You must visit a branch to open an account. Branches are located in the Illinois cities and towns of Chicago, Arlington Heights, Niles, Naperville…
I blogged yesterday on how GMAC changed its name to Ally Bank. It appears that along with the change they’re offering a new 2.5% APY 9 Month no penalty CD. The way the certificate of deposit works is you can withdraw the money any time you’d like without any early withdrawal fee, but you must…
GMAC in a new attempt to distance itself from General Motors has gotten a name change. Ally Bank is the new GMAC. The company hopes to rebrand itself and change directions. General Motors is a partial owner of the bank, but will be scaling back its stake in the bank in the months to come….
Acacia Federal Savings Bank is currently offering 3.25% APY on their 3 year CD with a low minimum deposit of just $500. The national average certificate of deposit rate for a 3 year term is just 1.77% so this rate is over 1% higher than that. Acacia Federal Savings Bank is a branch of Acacia…