Digital Credit Union is offering a couple good CD rates including a 3.75% APY 11 month certificate of deposit and a 3.25% APY 4 month CD. The minimum deposit is a low $500. Membership for the Digital Credit Union is open to everyone and can be done online. The membership fee is only $15 and…
Acacia Federal Savings Bank is offering a lot of competitive CDs including a 4.50% APY 5 year CD, a 4.10% APY 4 year CD and a 3.40% APY 15 month CD. The minimum deposit is very low at just $500. Acacia has an easy online application and the offers on their certificates of deposit are…
ShoreBank is offering a 3.5% APY rate on their savings accounts. There is only a $1 minimum deposit and there are no service fees involved. ShoreBank is based out of Chicago but anyone can open an account easily online. Bankrate has given ShoreBank a two star rating which is an average rating for banks.
Bank of Internet is offering a 3.26% APY on their money market accounts. The minimum balance is $100 to open an account and the account doesn’t have any service charges. Bank of Internet has a 3 star rating from Bankrate.com which is a fair rating for a bank.
2008 was a rough year for banks. With a lot of big banks failing and interest rates dropping to an all time low, we can only hope that 2009 will be better. To get the most out of 2009 here are the best banking deals as of January 3rd, 2009. CD Rates CD rates dropped…
Christian Community Credit Union is offering a 7-18 month CD at a rate of 4.5% and a 5% APY CD for a term of 2-5 years. These rates are a lot higher than a lot of other certificates of deposit, which may be worrisome, especially when you take into account that they are only insured…
Mountain America Credit Union reduced its 4% 1 year CD, but they still have their 5 year certificate of deposit that has an APY set at 4.75%. The minimum deposit for this is $1,000 and their early withdrawal penalty is just 90 days’ interest. However, the withdrawal’s must have the consent of the credit union….
Navy Federal Credit Union is offering a 6 month CD with a 3.75% APY which is down .25% from last month, but is still competitive. The minimum deposit on the CD is $10,000. They are also offering a 5.10% APY on a 7 year CD. The 5 year CD is now 4.40% with a minimum…
Western FCU has just introduced their new 4.05% APY 13 month CD. The minimum deposit is $1,000 and this rate will last throughout January. You can open an account online or at a local Western branch. The early withdrawal penalty is only 90 days which is a pretty low penalty for a CD. Western is…
EverBank is offering a $40 bonus on opening a new checking account which has a 2.42% APY and a 3.76% APY bonus rate for the first 3 months of your account. You need to deposit a minimum of $25,000 in order to get the $40 bonus. EverBank is FDIC insured for up to $250,000.