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Selected category: CDs
Amtrust has some very interesting CD rates.
Read →You know the competition for deposits is heating up when Bank of America comes out with a competitive CD rate.
Read →I just spoke to a woman from the FDIC regarding Indymac CDs and she told me that holders have several options. They can...
Read →The Federal Reserve is expected to keep the Federal Funds rate at 2% tomorrow but traders and banks have already anticipated a future rate increase.
Read →M&T Bank, NA is offering some of the highest rates on 2 and 3 year CDs. The only problem, a somewhat kluge application process.
Read →EverBank has raised the rate on its 12 and 36 month Yield Pledge Certificate of Deposits and now occupies one of the the top spots for 1 year, 2 year and 3 year CDs.
Read →Six months ago you could find a savings account or CD above 6%. Just a month ago you could find a rate above 5%. Soon, you'll be lucky to find a rate above 4%.
Read →Happy Friday. On this day we have several banks who have increased their CD rates. Banks are looking for your money.
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Online 1, 2 and 3 Year CDs Look Like a No-Brainer
If we are heading into a recession as everyone is determining now, the safest way to move forward is to buy short term online CDs. Just stay below FDIC limits.
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Good Time to Lock in CD Rates
With it looking likely that the Fed is going to drop rates, now might be a good time to lock in decent returns with some moderate term CDs.
Read →The Fed cut discount rate today by 50 basis points (1/2 percent) to 5.75% signaling its concern over the credit crunch and attempting to reassure markets. This and rate increases on bank deposit products show the need that banks have to gain deposit dollars and maintain liquidity.
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