Solid short term CD rates available in Tennessee

We were just tipped off on some fairly noteworthy short term CD rates (5 month CDs and 6 month CDs) with some annual percentage yields that are beating the current national average be decent margins. Because the current market for FDIC insured savings products is nothing short of abysmal, we’d recommend keeping your deposit investments in either short term bank CDs or liquid, interest-bearing accounts such as online savings accounts and/or Read more…

5 month CD, 5.0% APY with a $500 minimum deposit!

It’s called the 5-5-5 promotion and it’s being offered through People’s Trust Financial Credit Union. Generally with credit unions, either you’re eligible to join or not, and there’s not much middle ground. However People’s Trust FCU out of Houston, Texas, is allowing anyone to join with a mere $5.00 donation to their foundation (no, this is not part of the 5-5-5 promotion, just happens to be a coincidence).

Recently we did a Read more…

5 month CD special yielding rate of 5.0% APY!

Wow! You don’t see this very often these days, thanks to BankVibe reader Tim for sending it in!

Point Breeze Credit Union out of Maryland is offering a fantastic deal for new money (aka new members) to entice them in to their institution. Currently, when you bring $2,500 in as a new customer they will grant you a 5 month certificate of deposit yielding 5.0% APY. The interest rate on this CD hardly beats their loan rates which hoover between 4.50% Read more…

18 month CD at 4% OR 5 month CD at 3.75%

BankDeals is reporting on some decent CD rates underway at Hyde Park Bank. Although I believe Hyde Park Bank has actually tweaked the rates slightly since BankDeal’s report came out.

Currently, here are their three best CD rates:

1. 18 month CD with a rate of 4.0% and a minimum deposit of $10k

2. 5 month CD with a rate of 3.75% and a minimum deposit of $10k

3. 9 month internet CD with a rate of 3.80% and a minimum deposit Read more…