Galena State Bank and Trust

Galena State Bank Cash Rewards Checking

5.01% APY for balances up to $20,000

1.51% APY for balances over $20,000

0.25% APY if requirements are not met

Requirements:

15 or more signature-based debit card purchases during statement cycle

One or more direct deposit per statement cycle

Receive electronic statements

Features:

No monthly balance requirements

No monthly fees

Link

Kirkpatrick Bank

Kirkpatrick Bank Savings Square Savings Account

3.60% APY on all balances

Requirements:

Apply online

$1 minimum opening deposit

Features:

Online withdrawals to checking accounts

Link

Bank Provident

Bank Provident Green Savings

3.30% APY on all balances

Requirements:

Apply online

Minimum opening deposit $10

Features:

No minimum balance

No service fees

Rate guaranteed until 2009

Link

What are Banks Doing with TARP Money?

The Treasury Department is rumored to have committed nearly half of the $700 billion in taxpayer funds allocated by Congress in their economic recovery bill. Congressman, financial reporters, and private citizens have been increasing their questions of where the funds are actually going. Many major banks, which have received multi-billions in TARP dollars, have declined [...]

Principal Bank

Principal Advantage Savings Account

3.14% APY on balances over $500,00

3.09% APY on balances from $250,000 to $499,999.99

3.02% APY on balances from $100,000 to $249,999.99

2.98% APY on balances from $50,000 to $99,999.99

2.78% APY on balances from $25,000 to $49,999.99

Requirements:

Apply online at financial services office

Features:

3 free withdrawals allowed per month before a $10 fee applies per withdrawal

Link

Bank of Hawaii

Bank of Hawaii Bankohana Rate Savings Plus

2.20% APY on balances over $100,000

1.80% APY on balances from $25,000 to $99,999.99

1.70% APY on balances from $10,000 to $24,999.99

1.65% APY on balances less than $10,000

Requirements:

Must have a Bankohana checking account.
Minimum opening deposit requirement of $100.
Balance requirement and monthly service fee are based on the combined balance requirement for [...]

Dedham Savings

Dedham Savings Free Interest Checking

4.54% APY on balances up to $50,000

0.50% APY on balances over $50,000

0.15% APY if requirements are not met

Requirements:

Make 12 point-of-sale debit card transactions per statement cycle

Receive statements electronically

Set up at least on direct deposit or ACH debit per statement cycle

Minimum opening deposit $50

Link

Focus Bank

Focus Bank Maximum Free Checking

6.01% APY on balances up to $25,000

1.01% APY on balances over $25,000

0.10% APY if requirements are not met

Requirements:

10 debit card transactions per statement cycle

Access online banking at least once 

Receive electronic statements

Features:

Up to $25 per month in refunded ATM fees

No minimum balance requirements

Link

Broadway Federal Bank

Broadway Federal Bank Savings Account
4.08% APY on all balances over $1,000
Requirements:
Apply online
$1,000 minimum to open
Features:
ATM card
Link

Bank of Blue Valley

Bank of Blue Valley Free Performance Checking
5.51% APY on balances up to $25,000
1.25% APY on all balances over $25,000
0.51% APY if requirements are not met
Requirements:
Make at least 12 Signature Based Debit Card transactions (excluding ATM transactions)
One direct deposit or ACH Auto Debit
Features:
Free ATM refunds nationwide
No monthly fee
No minimum balances
Link

Southern Missouri Bank

Southern Missouri Bank Premium Rewards Checking

6.01% APY on balances up to $25,000

1.01% APY on balances over $25,000

0.10% APY if requirements are not met

Requirements:

Make at least 12 check card transactions per month

Get your statements online

Set up one monthly direct deposit or one auto payment

Link

Mortgage Rates to Lowest Level in 37 Years

Freddie Mac reported that the average rates on fixed mortgages fell to 5.19% on a 30-year loan and 4.92% on a 15-year loan which marks the lowest level since the Freddie Mac lender surveys began in the early 1970s. The ability to refinance a mortgage loan at lower rates is better for homeowners who have [...]

The Fed Goes to the Mat

The Federal Reserve delivered another strong shot of adrenaline to the sagging U.S. economy by reducing the federal funds rate to an all-time low of 0.25%. The benchmark rate used by banks for lending is likely to stay low for quite a while according to the language in the released statement from the policy-making committee. [...]

Mutual Bank

Mutual Bank Premium Unique Money Market Promotion

3.55% APY on all balances over $5,000

Requirements:

Minimum opening deposit $5,000

Features:

Introductory rate guaranteed by bank for 90 days after opening new account after which rate drops to current Mutual Bank Premium Unique Money Market Rates

Link

Bank of Internet

Bank of Internet High Interest Checking Account

3.40% APY on all balances

Requirements:

$500 minimum opening deposit

$5000 average daily balance to avoid fees

Features:

ATM reimbursement up to $8 per month

Free online bill payment and initial checks

Link

Hanmi Bank

Hanmi Bank Freedom CD Plus

4.20% APY on a 6-month Certificate of Deposit

Requirements:

$10,000 minimum opening deposit

Features:

Make unlimited deposits throughout the term in increments of $1,000 without balance limitations

Three penalty-free withdrawals are allowed during 6-month CD term

Link

Hyperion Bank

Hyperion Bank Hyperinterest Checking
5.01% APY for balances up to $50,000
2.10% APY for balances over $50,000
0.25% APY if requirements are not met
Requirements:
Minimum 10 debit card purchases per month
Minimum one direct deposit or pre-authorized ACH payment each statement cycle
e-Statement subscription is required
Features:
ATM fee refunds nationwide up to $600 annually
Free Online Bill Pay
No monthly service charge
Link

NBRS Financial Bank

NBRS Financial Bank
5.26% APY on balances up to $25,000
1.01% APY on balances over $25,000
0.50% APY if requirements are not met
Requirements:
10 Mastercard debit card transactions per statement cycle
One direct deposit or auto ACH debit per statement cycle
Receive statements online
Features:
ATM fees nationwide are refunded
No monthly service fees
Link

Nova Savings Bank

Nova Savings Bank No Fee Interest Checking
3.75% APY on all balances
3.50% APY if requirements are not met
Requirements:
Monthly direct deposit or auto ACH debit
Sign up for free online banking and bill payment
Receive a check card
Features:
Rate guaranteed until June 30, 2009 if requirements are met
No monthly minimum balances or fees
Link

Best Online Bank Rates and Deals

Banks are in the giving mood this Christmas season. Listed below are some of the best rates and offers available on bank checking accounts, savings accounts, reward checking accounts, money market accounts, and certificates of deposit (CDs) from banks (and a few select credit unions).
E-Loan is offering a $25 bonus to new customer who open [...]