An IRA, individual retirement account, is a tax-deferred retirement account for individuals. You can setup an IRA in many different financial institutions such as a bank, a credit union, a brokerage, or an insurance company. There are big tax advantages to setting up IRAs and there are many different investment options for your retirement money….
Community Bank and Trust has an account called Power Interest Checking that’s available to Wisconsin residents. It’s offering a 3.05% APY on balances below $25,000, 0.5% on balances between $25,000 to $100,000, and 0.25% on balances over $100,000 (if you have over $100,000 in your checking account you’ve got other problems). If you don’t meet…
For people that want to invest with large lump sums of money they should look into jumbo CDs as a sound investment. These accounts are setup for large sums of money and jumbo CD rates typically offer the highest CD rates. If you want to invest in a jumbo CD you’re going to need to…
Country Bank for Savings is offering a 1.60% APY 6 month CD, a 2% 15 month CD, and a 2.25% APY 2 year certificate of deposit. The minimum deposit is $500 and the CDs are also available as some of the best IRA CD rates. If you also open a checking account with a $1,000…
Army Aviation Center Federal Credit Union is offering some competitive CD rates in Alabama and Florida. They’re offering a 1.5% APY 6 month CD, a 1.75% 9 month CD, a 2% 1 year CD, a 2.10% 18 month CD, and a 2.35% 2 year certificate of deposit. There’s only a $1,000 minimum deposit on accounts,…
First Commercial Bank of Florida is offering a 1.55% APY 6 month CD, a 2.05% APY 16 month CD and a 2.55% APY 22 month certificate of deposit with a minimum deposit of $1,000 and a maximum of $99,000. To visit their site click here. You must visit a branch to open a CD. Branches…
The First National Bank of Dieterich in Illinois is offering a Prime Rewards Checking that offers 4.01% APY on balances up to $25,000 and 2.25% on the remaining balance over $25,000. You also get ATM fee refunds on the account. To qualify for these rates you must make 10 debit card purchases a month, access…
Apple Federal Credit Union is offering 3% APY 14 month IRA CD rates with a minimum deposit of just $500 and a maximum of $500,000. This offer is scheduled to end on February 20th, 2010 and is available nationally. To visit their site click here. Apple has other competitive rates including a 3.5% APY 5…
Wilshire State Bank is offering a 1.75% APY 1 year flex CD. The account allows you to make unlimited deposits of at least $1,000 up to a total balance of $95,000 and up to 6 withdrawals for your term of at least $1,000. To visit their site click here. The minimum deposit is $10,000 of…
I was recently contacted by a new online bank that has setup a new kind of checking account that doesn’t have overdraft fees. The bank is Probity Financial Services which is backed by FDIC insured Kennett National Bank. To visit Probity click here. Now, hopefully most of you reading this will not have a use…