Banks will be closed on New Year’s Day but many will be open with shortened hours on New Year’s Eve. You should call up your individual bank to be sure on the hours and if it’s going to be open on New Year’s Eve. Please leave comments if you find out information on an individual…
Northwest Federal Credit Union is offering a 3.65% APY 5 year CD with a minimum balance of $25,000. If you deposit over $100,000 the rate jumps to 3.75% APY and lower rates are available for smaller deposits. You can also get higher rates than advertised if you’re a Premier Checking members or Heritage Club member….
President Barack Obama recently called on banks to help out the country that bailed them out. So my question now is which bank is going to step up their game and respond to this call? Any of them? Banks are interested in basically one thing: making money. So is there a way for banks to…
EBSB Direct is offering an online 1.77% APY 10 month CD with a minimum deposit of just $1,000. To visit their site click here. EBSB’s savings accounts are offering a decent rate of 1.57% APY but you need a $50,000 balance to get that rate. The CD deal is available nationally and can be funded…
Citizens Bank is currently offering a $100 online checking account promotion. The offer expires on December 15th, 2009. You get $50 for setting up direct deposit for a payment of at least $50. You get $25 for making 5 online bill payments, and you get $25 for making 5 signature based debit or credit card…
First National Community Bank is offering a 3.25% APY 4 year CD, a 3.5% APY 5 year CD, and a 4% APY 7 year certificate of deposit. The minimum deposit is $1,000 and you can also get these as IRA CDs. To visit their site click here. All 3 accounts have an early withdrawal penalty…
Everbank is offering a 3 month promotional rate of 2.51% on their money market and checking accounts. The rate applies for up to $50,000 on their Yield Pledge Money Market Account and up to $100,000 on their FreeNet Checking Account. This promotion is only available to people who have never opened these accounts, and you…
Saving There are many devices for saving, and which one you choose depends upon your risk tolerance and when you will want to use your money. If you have either a low risk tolerance, or think you’ll need the money within a five-year period (maybe a house down payment or educational expenses), then you should…
Financial Priorities Once you understand the basics, you should determine what your financial priorities are. Every person’s situation is different, and it is foolish to follow a one-size fits all plan. For example, someone who can’t wait to retire shouldn’t be saving the same amount as someone who would like to stay in their job…
The following is a three part series guest post by Nick Farina, a soon to be fellow Haverford College graduate. Managing your finances is all about choices. You’ve heard all the news stories about global recession, been bombarded with ads for different banks, and heard advice from countless financial ‘gurus’ – so it might seem…