iGOBanking leads the way in 2 year CD rates: 2.25% APY

We just got word of a new leader in 24 month CD rates which are available nationwide. iGOBanking.com, a division of Flushing Savings Bank FSB, is now offering a 2 year CD (available for IRA’s as well) with an annual percentage yield of 2.25%. To put this offer in perspective, the current national average sits at roughly 1.25% APY.

This account is available online (may be opened by mail as well) and Read more…

Discover Bank’s CD Rates and Money Market Account

Discover Bank, originally known as Greenwood Trust Company before joining Discover Financial Services in 2000, offers FDIC insured bank CDs (certificates of deposit) as well as money market accounts and high yield online savings accounts. By consistently offering interest rates that beat the national average they have grown to manage over $25 billion in consumer deposits.

Discover Bank’s Popular Products:

Discover Bank’s 12-month CDs : This is a 12 month timed Read more…

Bank of America’s CD (certificate of deposit) Rates and Review

 Bank of America, based out of Charlotte, North Carolina is one of the largest banks in the country. They have over 5,000 locations and thousands of ATM’s in 35 states. They offer online banking nationwide, including brokerage and private banking through U.S. Trust and have the ability to lend in all 50 states, through credit cards, mortgages and home equity loans. Their savings rates have slid recently along with the rest Read more…

Best 2 year CD rates found at Hudson City Savings Bank

If you are in the market for a 24 month CD, the highest yielding rates can currently be found at Hudson City Savings Bank. Thanks to BankVibe reader Sean for tipping us off!

Hudson City Savings Bank primarily serves customers of the north-east (namely Connecticut, New York and New Jersey) however because of their on-line bank deposit options, they also accept deposits nationwide via ACH wire transfer. You will need to contact a representative directly to see if you qualify.

Hudson City: Read more…

Tennessee Commerce Bank’s money market rates

Tennessee Commerce Bank, although located in Franklin, Tennessee is a national bank and can accept deposits from people throughout the country. Recently they have been offering some very impressive savings rates (especially for a national bank).

As of today, they are offering a money market account which is yielding an almost unheard of APY of 2.30%. This is roughly twice the national average of 1.17% APY. What makes this account even more Read more…