MoneyRates Blog
Is There Such Thing as “Too High” Rates on Deposit Accounts? Ally Enemies Think So
By Andrew Freiburghouse | Money-Rates Columnist
Savers looking for the best CD rates have noticed a “new” player on the scene: Ally Bank. In addition to attracting eyeballs with high interest rates on deposit accounts, Ally Bank has become famous for putting out a series of funny, irreverent TV ads portraying other banks as stingy tightwads.
However, Ally Bank is new only [...]
- Share this article with:
Delicious
Digg
Tip'd
StumbleUpon
One Obscure Acronym That May Actually Mean Something to Depositors
By Andrew Freiburghouse | Money-Rates Columnist
People who hold their money in conservative investments such as CDs and money market accounts can be forgiven for not knowing the definition of every acronym the financial world and/or U.S. government invents. After all, these acronyms–TARP, TALF, MBS–fly fast and furious, and often don’t much affect deposit accounts.
One acronym that may more immediately impact [...]
- Share this article with:
- Delicious
- Digg
- Tip'd
- StumbleUpon
Dallas Bank Making A Splash Online
By MoneyRates team | Money-Rates Columnist
T Bank a FDIC-insured bank based in Dallas Texas has increased deposit rates in an aggressive move to match its wide variety of loans available to consumers and make it one of a select number online banks with a full menu of attractive bank rates for online banking consumers on both rates and loans. Beyond [...]
- Share this article with:
- Delicious
- Digg
- Tip'd
- StumbleUpon
Bank CD Rates +5.50% APY
By MoneyRates team | Money-Rates Columnist
The yield on the 5-year Treasury Bond has fallen over 20 basis points over the last two weeks to a current yield of 4.89%. Banks in general have dropped their deposit rates in line with the move of the 5-year Treasury bond, but several online banks are still making available APYs (annual percentage yields)of 5.50% [...]
- Share this article with:
- Delicious
- Digg
- Tip'd
- StumbleUpon
