2.0% APY Bank CD Rates – How long do you need to invest?

In the past (say pre-2008), 2.0% APY savings rates or CD rates were considered extremely uncompetitive interest rates. Even 6 month CD rates were yielding twice that amount and liquid savings accounts such as money market accounts and online savings account were even providing rates more twice the amount as well. Today’s savings market is, needless to say, a whole new ball came. Today, A bank CD yielding 2.0% APY generally Read more…

NOVA Bank CD rates and review

Philadelphia based NOVA Bank has several branch locations throughout Pennsylvania as well as two branches in New Jersey (Deptford and Woodbury Heights). They operate as a Pennsylvania state-chartered savings bank and are subject to regulations imposed by the Pennsylvania Department of Banking and by the Federal Deposit Insurance Corporations (the “FDIC”). NOVA Bank has operated as a community banking institution for more than 120 years and provides a wide-range of financial products and services to the greater Philadelphia Read more…

Hyperion Bank CD Rate Specials and Promotions

Hyperion Bank, based out of Philadelphia, Pennsylvania currently has some pretty lucrative CD rates given the current market for savings accounts. Their best products come in the form of short term CD rates. They have a 3 month CD special available as of May, 18, 2010 which offers a return of 1.15% APY with a minimum deposit of just $399.00 required. To put this offer in perspective, the national average for Read more…

Best CD Rates in Philadelphia, PA: Top 3

Below are the highest yielding CD (certificate of deposit) rates available to the residents of Philadelphia, Pennsylvania. These come in the form of 6 month CDs, 12 month CDs and 24 month CDs. After sorting through dozens of rate pages by local community banks and credit unions serving the city of Philadelphia as well as the state of Pennsylvania, we found that for the most part, you will be able to receive slightly better rates with national institutions than with local ones.

Keep in Read more…

Best certificate of deposit rates in Pennsylvania (Top 3)

Below are the top 3 CD rates available to residents in the state of Pennsylvania. Many of the institutions listed below will require you to actually stop in to one of their branches in order to sign-up and make the deposit into a CD account. After researching the highest yielding CD rates in Pennsylvania we found that the best rates come in the form of 20 month CDs, 36 month CDs and 60 month CDs. As you may already know, Read more…