USAA Federal Savings Bank is offering some competitive jumbo CD rates which require at least a $175,000 deposit. The jumbo rates are 2.68% APY for 30 months, 2.81% APY for 3 years, and 3.46% APY for 4 years. If you deposit between $1,000 and $95,000 the rates are 2.32%, 2.40%, and 3.15% respectively. If you’d…
First Trade Union Bank 3% 3 Year CD
First Trade Union Bank is a consistent leader in offering high yield long term CDs. They’re currently offering a 3% APY 3 year CD, a 3.25% APY 4 year certificate of deposit and a 3.5% APY 5 year CD all with a low minimum deposit of $500. These rates are also available for some of…
Security Savings Bank 2.47% 17 Month CD
Security Savings Bank is offering a 2.47% APY 17 month CD which is also available as an IRA CD rate. The minimum deposit on the account is just $500. To visit their homepage click here. This offer is available nationwide and you can call to open an account (1-800-323-8958) You need to sign a signature…
Colonial Bank Raid
Federal agents executed a raid on Colonial Bank’s headquarters in Orlando Florida in conjunction with the US Treasury’s TARP fund program. Almost nothing is known about the raid, what they were looking for, or what they found. Colonial BancGroup stock is down 19.67% at the time of this article and is down an amazing 94%…
Frontier Bank 2.40% 1 Year CD
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…
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…