The FDIC released their quarterly report on troubled lenders and their problem bank list has grown by 50 banks in the first quarter making the total number of troubled banks 305. This is the highest number since 1994. If you’re looking for specific names on those lists you’re out of luck. The FDIC does not…
Quantum National Bank is offering some of the best CD rates available today including a 3.10% APY 30 month CD, a 2.76% APY 1 year certificate of deposit, a 2.97% APY 2 year CD, and a 3.5% APY 5 year CD. The minimum deposit for all CDs is $1,000. There’s an online application to open…
Delta Community Credit Union is offering a money market account that’s yielding the following rates: 2.35% APY on balances over $100,000 2.15% APY on balances from $50,000 to $100,000 2% APY on $25,000 to $50,000 1.75% APY on $10,000 to $25,000 1.5% APY on $1,000 to $10,000 The account has no monthly fees, comes with…
The Police and Fire Federal Credit Union is offering several competitive CD rates including a 4% APY 5 year CD, 3.25% APY 30 month certificate of deposit, and a 2.40% APY 3 month CD. Membership to the Police and Fire FCU is available nationally but limited to active or former members of the police or…
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…