The New York Bank with the Best CD Rates

M&T Bank, N.A. is a federally chartered bank headquartered in Oakfield, New York. The bank operates as an online bank although accounts can be opened over the telephone and by mail. The bank is mid-sized with $266 million in total deposits reported at the end of the first quarter of 2008, but has received a [...]

Mutual Bank (Chicago, IL) increases Deposit Rates

Mutual Bank is a 40-year old bank based in Chicago, Illinois. Through their website www.mutualbanking.com this banks has been offering excellent CD rates and money market rates for over one year now. This week Mutual Bank bucked the trend of banks lowering rates and has increased their 1-year CD rate to 5.75%. Current deposit rates [...]

State Bank of India’s CD Rates

State Bank of India has popped back onto the radar with an increase in CD rates for all terms from 1 month to 5 years or longer. The Indian bank, which has a FDIC-insured U.S.-based division, has U.S. operations in New York, Chicago, Los Angeles, and Washington DC. FDIC-insurance is applicable to accounts set-up online [...]

10.00% APY from Bridgeview Bank on 90-day CD

Bridgeview Bank (FDIC#2122) in Illinois is offering a 10.00% APY on a 90-day CD for customers who open a new checking account with direct deposit and/or auto-debit. The 10.00% APY only applies for balances between $2,500 and $25,000.

Apply online here.

IndyMac Bank Increases Deposit Rates

IndyMac Bank (FDIC# 29730) has increased their rates this week on specific deposit products. The most attractive rates include:
5-month CD - 5.41% rate, 5.55% APY, $5,000 minimum9-month CD - 5.21% rate, 5.35% APY, $5,000 minimum1-year CD - 5.41% rate, 5.55% APY, $5,000 minimumInternet First Money Market - 5.60% rate, 5.75% APY, $5,000 minimum

Terms for CD [...]

Bank CD Yields of 5.50% and over

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 [...]

Bank of Internet’s CD Rates

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. [...]