Local Banks Offer Best 2 Year CD Rates
If you're looking to invest into 2 Year CDs, you might want to take a closer look at your local banks. Here are just a few deals that My Bank Tracker features:
Capitol Federal – True Blue Luxury Giveaway
Every time you visit a Capitol Federal branch, you can enter to win one of the 12 prizes from the True Blue Luxury Giveaway. Simply look for the entry box and forms.
Homestreet Bank Extends Their Local $215 Checking Bonus, With A Few Changes
Back in May we reported on a great promotion from Homestreet Bank for consumers located in the Washington State, Oregon and Hawaii regions.
Understanding Mortgage Rate movements
This week has seen mortgage rates inch higher, news that the housing sector is showing signs of improvement (Sales rose 11% over the previous month) and a strong showing for the Dow Jones has us wondering why mortgage rates continue to move up.
Best CD Rates for July 27: More Banks Take the Plunge but Top CDs Stay
Save for last week's best 24-month CD from Amboy Direct which fell from a rate of 2.35% last week to 2.00% this week, banks with the best CD rates in the previous list retained the same yields and held on to their top spots on our weekly list of best CD rates.
Bank of Sierra 4.51% APY Reward Checking
Located in central California, Bank of the Sierra has corporate offices in Porterville and 22 branches from Fresno South to California City. However, for this amazing offer, the account must be opened online and is available to any state. Bank of Sierra's Reward Checking account pays 4.51% APY on balances up to $25,000 (1.01% for above) if the following monthly qualifications are met:
Lorain National Bank offers 2.50% APY For 24 Month Bump-up CD
With $1000 minimum you can obtain 24 Month Bump-up CD with 2.50% APY at Lorain National Bank. It's a great rate considering that the highest rate for 24 months on My Bank Tracker is 2.47% APY offered by E-loan.
Dow Hits 9,000 But CD Rates Continue to Fall
Still no good news for savers. CD rates took another bashing this week as banks continued to cut their rate offerings despite some tentative signs of economic recovery.
Few Mortgage Tips
These are hard times for American homeowners, the current economic crisis brought about by the collapse of the housing sector have affected everyone.
A Great 21-month CD by Banner Bank
Banner Bank of Walla Walla, Washington is currently offering a 21 month Internet-only CD Special yielding a 2.5% APY. This is an amazing offer, considering that the highest 24-month CD rates are lower! A minimum $2,500 deposit is required. Note that this offer does not apply to public funds or financial institutions. The advertisement indicates the CD is available for a limited period, though the dates are not specified. Banner Bank is also FDIC insured.
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