Corus Bank is offering a rate of 3.65% APY on their money market accounts. You must deposit $100 to open your account and need at least $10,000 in your account in order to avoid the $25 monthly service fee. Corus Bank also offers a CD rate of 3.75% APY for a 1 year term.
Federal Trust Bank has some very competitive CD rates including a rate of 4.50% APY for 36, 48 and 60 month CDs. They also have a short term 1 year CD with an APY of 3.75%. There is a $500 minimum deposit and the early withdrawal penalty is 6 months’ interest. You must go to…
First New England FCU is offering a 4.04% APY 9 month CD to those who make a minimum deposit is $10,000, and have an Advantage account with the credit union. Without these requirements the rate is 3.78%. Their 18 month CD offers a rate of 3.76% with the requirements and 3.53% without them. Membership to…
Everbank is offering a 4% APY 3 month introductory rate on their money market accounts. After the introductory period is over the interest rate falls to 3.42% on up to $50,000. You need $1,500 to open an account and need to maintain at least that amount to avoid the $4.95 monthly service fee. Everbank is…
I’ve got some good news for your New Yorkers. Nassau Educators FCU is offering a new type of checking account named Go Green Checking. It has a 4% APY on balances up to $25,000 (1% for above) and you can get up to $25 back a month in refunded ATM fees. To qualify you need…
GMAC Bank has always been a leader in high yielding CDs and continues to be today. They’re currently offering a 4.00% APY on a 1-Year CD which is a very high interest rate for only a 1-Year term. GMAC typically changes their rates on Fridays, so you may have to act fast if you want…
DollarSavingsDirect, which I recently declared the leader of Savings Accounts, is offering up a 4.00% APY on a 16-month CD. There’s a fair chance that they will lower their savings rate due to the recent Fed cut, so if you want to lock in your 4% rate for 16 months, they’re letting you do it…
Community One Federal Credit Union offers 2 very competitive CD rates with their 5-year CD getting 5.00% APY and their 18-month CD getting 4.00% APY. The early withdrawal penalty is 180 days worth of interest. Membership is granted to anyone who works, lives, or attends school in Clarke County in Las Vegas and requires at…
With the Fed dropping the funds rate to nearly 0%, it’s time for a recap for who’s on top with the best interest rates for savings and CDs for FDIC insured funds. Best Savings Account DollarSavingsDirect is the winner of the best savings account with an amazing 4.00% APY. Best 1 Year CD FNBO Direct…
Chase is running a new promotion where you get $50 when you open a checking account with direct deposit. You need at least a $100 initial deposit and you’ll need to setup a monthly direct deposit within 60 days of opening the account. The bonus is given within the first 10 days of opening your…