| 2.78% 24-Month CD & 2.18% 12-Month CD at First National Bank in Texas - Local Only Posted: 24 Nov 2009 12:19 PM PST First National Bank continues to offer some competitive CD rates. The two most competitive are a 2.78% APY 24-month CD and a 2.18% APY 12-month CD. Minimum deposit is $1,000. The rates are a little higher for a $100,000 minimum deposit: 2.25% APY for 12 months and 2.85% APY for 24 months. These rates are not listed at the bank's website. I was reviewing my old posts, and I noticed they had some |
| FDIC's Third Quarter Report - Number of Problem Banks Increased to 552 Posted: 24 Nov 2009 08:30 AM PST The FDIC released its third quarter report on the banking industry. Here are some of the noteworthy excerpts from the press release:[FDIC-insured banks] reported aggregate net income of $2.8 billion in the third quarter of 2009, but loan balances declined by the largest percentage since quarterly reporting began in 1984Net interest margins improved to a four-year highAt the end of September, |
| 2.65% 24-Month CD & 1.90% 6-Month CD Continues at Signature Bank in New York City - Local Only Posted: 24 Nov 2009 07:29 AM PST Signature Bank continues to offer very competitive CD rates. I last reported on these in October. A reader just left a comment saying that the 24-month CD rate is still at 2.65% APY. I called and confirmed the following rates:1.90% APY 6 months2.20% APY 12 months2.40% APY 18 months2.65% APY 24 monthsThese rates are effective as of 11/24/09, and are subject to change at any time. They don't list |
| 5.00% Reward Checking Account at Cedar Rapids Bank & Trust in Iowa - Local Only Posted: 24 Nov 2009 07:26 AM PST Cedar Rapids Bank & Trust is offering a high-rate reward checking account called M@XX Checking. The account has the following rates and features if certain monthly requirements are met:5.00% APY on balances up to $25,0000.10% APY on portion of balance over $25,000Refunds ATM fees nationwide up to $20 per monthThe monthly requirements include:15 check card purchases (excludes PIN-based)1 direct |
| High-Yield Low-Max CD Specials Posted: 24 Nov 2009 06:40 AM PST A few credit unions have been offering special CDs with very high yields but with low maximum deposits. These are often new-member specials. I've posted on many of these in the past. A couple of readers have asked about these, so I thought it would be useful to highlight a few of these that are still availableTo measure the value of one of these CDs, I compare it against an online savings account |
| 3.00% 30-Month CD at Indus American Bank in NJ & NY - Available Nationwide Posted: 24 Nov 2009 06:37 AM PST Indus American Bank has a special 30-month CD with a 3.00% APY. Minimum deposit is $2,000, and the maximum is $250,000. Early withdrawal penalty is 6 months of interest. The special is listed at the bank's CD page as of 11/24/09.Applications are accepted by mail. Refer to the bank's new account page for the details about what needs to be mailed.You can also open the account at one of the bank's |
| 2.50% 12-Month CD & 2.25% Money Market Account at Coastal Carolina National Bank in SC - Local Only Posted: 24 Nov 2009 06:35 AM PST Coastal Carolina National Bank continues to offer some very competitive deposit specials. The first is a 2.50% APY 12-month CD. Minimum deposit is $1,000, and the maximum is $250,000. A new checking account is required with a minimum opening balance of $2,500. This rate and additional details are listed at the bank's CD specials page as of 11/24/09.The second special is a money market savings |
