MoneyRates Blog

Mutual Bank in Chicago Keeps 5.00% Rates

October 4, 2007
By MoneyRates team | Money-Rates Columnist

Mutual Bank based in Chicago, Illinois is one of the few online banks still holding their deposit rates on CDs at 5.00% or higher from 1 year to 5 years. Current rates as of October 4, 2007 are listed below:
12 month CD
$2,500 minimum5.00% monthly
18 month CD
$5,000 minimum4.85% monthly
24 month CD
$5,000 minimum5.20% [...]

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Heritage Bank Offering Personal and Commercial CDs at 5.35% APY

September 4, 2007
By MoneyRates team | Money-Rates Columnist

Heritage Bank (FDIC# 58416) located in Phoenix, Arizona is under one year old with 5-branches and a little more than $150 million in assets. The banks is offering top-tier CD rates on both personal and commercial accounts with a full-service online banking platform.

CD RATES - September 4, 2007:
Minimum deposit $10,000
30 - 89 Day CD: 5.25% [...]

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Bank CD Yields of 5.50% and over

August 12, 2007
By MoneyRates team | Money-Rates Columnist

Banks are expected to continue to reset CD rates lower this week after U.S. Treasury yields fell last week and indications that the Federal Reserve will lower rates are very strong. Annual percantage yields (APY) of 5.50% and higher are still available from the following FDIC-insured banks:
Countrywide Bank, 1-year CD, 5.50% APY, $10,000 minimum
Salem Five [...]

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Bank of Internet’s CD Rates

August 7, 2007
By MoneyRates team | Money-Rates Columnist

The Bank of Internet (FDIC# 35546) is a San Diego, California based bank with a strong online presence. The bank has been offering top tier deposit rates for many years as well as offering some niche products like Senior Citizen checking accounts, student checking accounts, RV loans, apartment loans among other deposit and loan products. [...]

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