Posted by Compare CD Rates on 09/24/08 in Bank CD Rates
FirstFedDirect just came out with a special 9-month CD with a yield of 4.30% APY. The minimum deposit is $10,000. This 9-month CD has an auto rate bump feature that’s tied to the 10-year Treasury rate. If the 10-year Treasury rae goes up, your yield goes up accordingly. However, if the 10-year Treasury Rate goes [...]
Posted by Compare CD Rates on 07/16/08 in Bank CD Rates
BankUnited is offering a special 4.00% APY CD with terms from 9 months to 12 months. The minimum deposit is $5,000. You can apply online to open this CD.
BankUnited’s Online Savings Account
BankUnited is still offering its high yield online savings account. The account used to be one of the rate leaders, but in the last [...]
Posted by Compare CD Rates on 05/13/08 in Bank CD Rates
Mutual Bank has just started a CD promotion with some competitive rates. It includes a 4.00% APY 18-month CD and a 4.50% APY 54-month CD. The minimum deposit is $2,500. It’s also available in an IRA.
It has been awhile since Mutual Bank has offered decent CD rates. There were several times last year when Mutual [...]
Posted by Compare CD Rates on 05/6/08 in Bank CD Rates
Since the Federal Reserve started cutting its short-term interest-rate target last fall, yields across certificates of deposit, savings accounts and money-market accounts have plummeted. But recently, yields on long term CDs have been rising, in part because of a rise in longer-term Treasury yields this month and investors’ expectations for higher inflation.
Some banks are already [...]
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