Tampa Bay Bank Giving Away New Benz with 5 Year CD – Really!

Ok, so we’ll get to the catch right away – you need to open the deposit with $1 million.

The former “Community Bank” of Tampa Bay, Florida, is now rebranding themselves as “C1 Bank” and have issued this promotional offer as a grand-opening bonus….and to get themselves a little media attention.

The deal may not be all it’s cracked up to be though.

When you break down the annual percentage yield Read more…

Highest 3 year CD rates in Florida (February 2012 Edition)

It seems that the hunch we had in this post came true. Ben Bernanke has publicly proclaimed that key rates will remain at near zero levels through 2013 and well into 2014. While savers must be banging their heads against the wall after hearing this announcement, we immediately went on a hunt to track down the best 3 year CD rates in a number of states.

The first state we chose to Read more…

CD Rates from Jacksonville, Florida Banks and Credit Unions

The highest interest rates on certificates of deposits offered from local Jacksonville, FL banks and credit unions are struggling to match those of top nationally available institutions online. In our most recent survey isolating Jacksonville area banks and credit unions and comparing them with the top online and nationwide banks from our database, we found that rate-hunting consumers were better off going with the online ones.

We first surveyed the top ten Read more…

Florida Credit Unions with Respectable Rates on 5 Year Deposits

After a BankVibe.com reader notified us on a competitive 5 year CD coming from a regional credit union based out of Florida, we conducted a little further research an outed a few more noteworthy long term CD rates (with 5 year terms, to be exact) coming from credit unions in Florida.

Although we wouldn’t necessarily recommend locking your money into a 5 year CD in this miserable landscape for FDIC-seeking-savers, we still Read more…

Florida Credit Unions: Who offers the Best CD Rates?

When surveying all the banking institutions’ rates whom open their doors to Floridians, we found that (surprisingly) the best CD rates are offered through banks rather than credit unions. This is slightly odd and out of line with many other states whose regional credit unions tend to offer the best bank rates for both savings accounts and loans. Because credit unions are not-for-profit banking institutions whose profits are typically entitled to Read more…