MoneyRates Blog

The FDIC Closes Four New Banks

February 16, 2009
By Clark Schultz | Money-Rates Columnist

Since last summer’s high-profile bank failures of multi-billion dollar, IndyMac Bank and Washington Mutual Bank, most of the banks which have closed have been smaller in size and generally banks serving local markets. The FDIC has closed four more smaller-sized banks last week as the pace of bank failures in the United States has begun to [...]

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Bank Savings Accounts (Yields and Links to the best rates)

September 21, 2007
By MoneyRates team | Money-Rates Columnist

Bank Savings Account Yields as of September 21, 2007:
FNBO Direct6.00% APY$1 Minimum Deposit$1 Balance needed to earn APYCountrywide Bank5.50% APY$10,000 Minimum Deposit$10,000 Balance needed to earn APY
Umbrella Bank5.35% APY$100 Minimum Deposit$100 Balance needed to earn APY
Gloucester County FSB5.24% APY$100 Minimum Deposit$100 Balance needed to earn APYAmTrust Direct5.21% APY$1 Minimum Deposit$1 Balance needed to earn APY
UFB [...]

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Calvert Insured Account

August 1, 2007
By MoneyRates team | Money-Rates Columnist

The Calvert Insured Plus Account is a federally insured money market account that is offered by a mutual fund management. Sound confusing? Calvert Funds makes this product available by utilizing Acacia Federal Savings Bank (Falls Church, VA), Shorebank Pacific (Ilwaco, WA), and Shorebank (Chicago, IL) as participating banks and offers insurance up to $200,000 per [...]

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