5.70% APY | Money-Rates.com Savings Investor

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Bank of America’s 5.70% Money Market Savings Account

September 17, 2007
By MoneyRates team | Money-Rates Columnist

Bank of America is offering a money market savings account with a 5.55% rate and 5.70% APY through their Defenders of Wildlife charitable contribution program which in itself is a program that they inherited from their acquisition of MBNA Bank. This promotion is nearly hidden on their site, but visitors to The Savings Investor have [...]

Posted in 5.70% APY| Defenders of Wildlife| bank of america| money market savings | 3 Comments

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IndyMac Bank Raises Deposit Rates Again

August 29, 2007
By MoneyRates team | Money-Rates Columnist

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 [...]

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About Richard Barrington

Richard Barrington, CFA, is the primary spokesperson and personal finance expert for MoneyRates. He is a 20-year veteran of the financial industry, including having served for over a dozen years as a member of the Executive Committee of Manning & Napier Advisors, Inc. Richard has written extensively on investment topics, including investments, money market accounts, Certificates of Deposit's and personal finance as it relates to retirement. Richard has been quoted by numerous media publications such as the New York Times, the Wall Street Journal, and Pensions & Investments magazine.

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