Where to Find 5.00% Bank Rates?

The list of best bank deposit rates at the beginning of 2008 was topped by Countrywide Bank and One United Bank both offering savings accounts with yields over 5.00%. After a quick and substantial march down in rates (following large rate cuts by the Federal Reserve) bank rates have started to increase again in the [...]

5.00% Bank Rate Deal from National City Bank

5.00% is looking like a fantastic investment return in this environment of falling interest rates and shaky stock markets. Locking in the 5% return for 4 years might even allow for the funds to be reinvested in an economy that is stronger with more attractive investment options. We don’t know how many more 5.00% rate [...]

Money Fund Yields Holding Up

Money Fund Yields
Yields on major money funds have held up despite the recent credit market crisis. This is a good sign for investors in the top money funds as it indicates a resilience of those funds to volatility in the short-term securities they hold in their portfolio. The national average is below 5.00% on money [...]

Weekly List of Highest Rates and Yields on Online Bank Deals

The Savings Investor will post weekly a list of some of the highest yields available on FDIC-insured deposits. Restrictions and limitations (including geographical location) may apply so read through each bank’s web site carefully before opening an account.
Rate specials this week include:
10.00% APY from Affinity Bank on their savings account for kids only (applies to [...]

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 [...]

Calvert Insured Account

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 [...]

Transportation Alliance Bank’s deposit rates

Transportation Alliance Bank (FDIC# 34781) headquartered out of Ogden, Utah has been quietly offering some of the best deposit rates in tehe country over the past year. The bank is a subsidairy of Flying J, Inc,the nation’s leading provider of diesel fuel, and has a stable deposit base of 347 million. Online investors can open [...]

How to invest $2.6 million at a 5.25% APY

26 banks are reporting money market accounts (MMA) with an APY (annual percentage yield) of 5.25% or higher available to online investors through each bank’s website. Investing in each bank individually at the FDIC-insurance limit of $100,000 per acount could theoretically allow an individual investor to earn 5.25% on $2.6 million dollars while keeping their [...]

AmTrust Direct’s 5.36% APY Money Market

AmTrust Direct, the online division of AmTrust Bank [FDIC# 29776), has lowered the minimum deposit on the AmTrust Direct e-money market to $1. The interest rate of 5.23% and annual percentage yield of 5.36% now applies to all balances from $1 to over $1 million dollars.
Special Features:
- No minimum balance fee - Maintain a minimum [...]