10-year Treasury Yield and Odds of Recession

The chart of the 10-year U.S. Treasury Bond below shows that the yield has not broken below 4.40% for over one year.

Market watchers now believe that the 4.40% could be broken as the economy is showing inflation under control and longer term interest rates seem less likely to increase significantly. The ongoing flight-to-quality to [...]

E-Loan Auto Loan Rates

Consumers have been relunctant to do the same rate shopping for auto loans that they do with mortgages, savings accounts, and credit cards. Frequently, the financing offered by the dealer is sold with the automobile with very little comparisions. In the day and age of 0.00% financing many of the deals offered by the dealer [...]

FDIC Insurance on Trust Accounts

A common question recently addressed to The Savings Investor concerns maintaining over $100,000 insurance at any one bank. While there have only been a handful of bank failures since 2002, the ongoing mortgage lending industry debacle has made this an important consideration. The easy answer is never maintain more than a penny over $100,000 [...]

IndyMac Bank Raises Deposit Rates Again

IndyMac Bank (FDIC# 29730) increased deposit rate again with both their 5-month and 6-month CD terms now yielding 5.70% with a simple interest rate of 5.55%. Minimum deposit is $5,00 and accounts must be opened online.
IndyMac Bank is the nation’s 2nd largest independent mortgage broker and is facing well-publicized difficulties with their mortgage portfolio. But [...]

Pulaski Bank VISA/Mastercard with 7.99% APR

The Pulaski Bank Visa® / MasterCard®, issued by Pulaski Bank, is designed for those with an average credit history who are looking for a very low cost credit card.

The best feature of this credit card is the very low fixed interest rate of 7.99% (for purchases and cash advances); it provides a very low cost [...]

Credit Card Special: 7.99% APR, 0% balance transfers

Pulaski Bank Visa® / MasterCard®Issued by Pulaski Bank

Special Offer: 0% for 6 months and is applied to Balance Transfers. APR (Purch): 7.99% Fixed* Annual Fee: $35 Category: Regular
Application here
Review
The Pulaski Bank Visa® / MasterCard®, issued by Pulaski Bank, is designed for those with an average credit history who are looking for [...]

Stock-Market Linked CDs

Salem Five Bank Stock Index Retirement CD
The three-year Stock Index Retirement CD will earn interest based on 65% of the Standard & Poor’s 500 Index® gain and the five-year Stock Index Retirement CD will earn interest based on 70% of the Standard & Poor’s 500 Index® gain, with no rate cap for an [...]

UniBank 90-day CD 5.65% APY

UniBank is a new bank (chartered in November 2006) based out of the Pacific Northwest which has jumped into the national market with the following CD rates:
3 Months Fixed CD - 5.51% rate 5.65% APY
6 Months Fixed CD - 5.22% rate 5.35% APY
12 Months Fixed CD - 5.22% rate 5.35% APY
18 Months Fixed CD [...]

Index Returns for Stock and Bond Markets 2007

A quick look at the YTD (year-to-date returns) for the markets in 2007 show that the broad-based market index the Russell 2000 is in negative territory for the year, while the blue chips and NASDAQ composite index are still positive. Bond indexes have not outperformed the money-rates.com Model Bank Deposit Portfolio which is 100% comprised [...]

90-day Treasury Bill Yields vs. 90-day CD Rates

The 90-day Treasury Bill is yielding only 2.64% after large-scale buying of U.S. Treasuries. The rally in short-term Treasuries has been the largest since 1987 and represents an international flight-to-quality. Typically banks reset their own deposit rates based on action in the Treasury markets, but this has not occured yet after the recent freefall in [...]

Savings-Investor.com $100 Contest

Savings-investor.com gets a nice amount of tips, links, and suggestions on personal finance, investing, and savings topics. Now we would like to reward our visitors with a $100 giveaway to the best tip suggested to us between now and September 1. We will publish the winner and award the $100 on September 1, 2007.
To enter [...]

GE Interest Plus Notes Yielding 5.43%

General Electric (GE) is one of just a handful of companies that makes their commercial paper available to individual investors through their GE Interest Plus program. While most commercial paper or corporate notes are only available in large denominations and through a securities broker, the GE Interest Plus Notes can be purchased online for as [...]

Credit Card Rates and Credit Card Special Offers

Credit card national rate averages this week:
Average consumer credit card rate: 13.99% Average reward credit card rate: 15.18% Average student credit card rate: 15.14% Average airline rewaed card rate: 16.75%
Credit card rate specials this week include:
Capital One® No Hassle Premium Miles(SM) RewardsIssued by Capital One

The Capital One® No Hassle Premium Miles(SM) Rewards card is [...]

Mortgage Lender’s Stocks Ripped by Subprime Exposure

A snapshot look at the returns of some of the highest profile mortgage lenders reveals significant losses to shareholders. The returns listed below represent the decline from the 52-week high to today’s 1:30 CST market price.
Countrywide Financial (CFC) -53.1%
IndyMac Bancorp (IMB) -50.8%
E*Trade Financial(ETFC) -41.4%
Popular Inc(BPOP) -37.4% (owner of E-Loan.com)
Bear Stearns Company (BSC) -33.5%
Lehman Bothers(LEH) -33.5%
H&R [...]

First Clover Leaf Bank’s 6.01% Gold Leaf Checking account

First Clover Leaf Bank (FDIC#30330) in Edwardsville, Illinois is offering a checking account with an annual percentage yield of 6.01% if certain requirements are met. The bank web site indicates a branch visit is required, but a customer service rep said that an account be open by phone if detailed paperwork is forwarded to the [...]

UFB Direct’s Mileage Checking and Mileage Savings Promotion

UFB Direct is running a strong promotion rewarding customers with American Airlines AAdvantage Miles for using their Mileage Checking and Mileage Savings accounts. The savings account has no minimum balance or fees, while the checking account has a minimum balance of $200 to avoid a $10 monthly fee. The interest rates paid on deposits is [...]

Short Term U.S. Treasury Yields Fall Crazily

In only five days the yield on the 1-month Treasury Bill has fallen from 4.18% to 2.47% as an enormous amount of money has poured into the very shortest U.S. Treasury terms available.
8/1/2007
1-month T-Bill - 5.05% yield3-month T-Bill - 4.89% yield6-month T-Bill - 4.96% yield
8/20/2007
1-month T-Bill - 2.47% yield3-month T-Bill - 3.12% yield6-month T-Bill - [...]

National Bank of Kansas City 5.50% APY on all CD terms

National Bank of Kansas City (FDIC# 35014) has increased their certificate of deposit rates to 5.35% with an annual percentage yield (APY) of 5.50% on all terms from 90 days to 5 years. In addition, if you open an IRA account at this bank you can receive the 5.35% rate and 5.50% APY for all [...]

Wilshire 500 Index vs Savings Account Rates

The Dow Jones Wilshire 5000 Index is sometimes called the Total Stock Market Index because it aims to track the returns of practically all the publicly traded, U.S. stocks that trade on the major exchanges. Currently there are over 6000 companies tracked by the index making it the largest index by market value in the [...]

Online Bank Deals with Yields of 5.50% and Higher

Countrywide Bank is fighting back after a difficult week which the bank maximized its credit line to $11.5 billion, their stock price (CPC) continued to fall, Moody’s warned that the company’s debt may be downgraded to junk, and news reports of customer storming branch offices to withdraw funds. Countrywide has responded by pointed out the [...]