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Savings and CD rates continued to drop over the summer even as the stock market went on one of its longest winning streaks in history, shooting above 9,000 and getting giddy analysts to call for it to rise above the 10,000 mark before long.

I haven't seen this before. I suppose that it is a sign of the times.

WTDirect is at it again, offering $150 to open a savings account. This is similar to a promotion they ran last year.

iGOBanking has just launched a new money market savings account. I checked their website and it has the same rate as their traditional savings account.

ING Direct of offering a $25 cash bonus when you open an Orange Savings Account.

Last week, President Obama signed a law that includes provisions that extend the $250,000 FDIC & NCUA deposit insurance limit to December 31, 2013.

Tennessee Commerce Bank is offering a competitive savings account paying 2.30% APY. It's also offering a some top cd rates.

Everbank raised the promo rate on its yield pledge money market account from 2.55% to 3.01%. This reverses the trend of six months of rate cuts and may be another sign that we are reaching the bottom in savings and money market rates.

Review of Delta Community Credit Union

I just got 2.5% on a money market from the Citibank branch on Boylston Street in Boston. I don't know if the rate is national but here are a few things I learned in the process.

The spread, or difference between the average savings and money market rate and the average 3 year CD rate has been increasing since January. Is this a sign of an improving economy or just a signal that short term deposit rates are horrendously low and going lower?

Capital One is offering $50 to open an online savings account, money market, or CD. The account currently pays 2.01% APY on balances above $10,000. That's somewhat competitive according to the BestCashCow rate tables.