CD Rate Update

May 7th, 2010

Have a couple of good CD rates.

14-mo at 1.93% APY. Bauer — 3-Stars. TheStreet — B-.
FDIC Insured Bank.

2-year at 2.49% APY. Bauer — 4-stars. TheStreet — D+. This is sort of an enigma. We use a third rating system that also rates them above average. I looked at the data and they did have quite a charge off and the reserves they have set aside may not cover future loan losses. So TheStreet may actually be the better rating. Of course, they are FDIC insured.

$100,000 minimum. Call and mention the blog post for a 20% discount on our fee (0.12% instead of 0.15%). Our number is 800-234-4605.

Looking for free rate information:
Acacia Federal Savings Bank — 15mo at 1.64%.

If this post was helpful and you haven’t subscribed yet, sign up for our rate alerts. Free or paid we do our best to provide value. If you are a subscriber, tell your friends.

Have a great weekend. My youngest daughter will be doing a ballet performance.

Have any good deals, share them.
cd :O)

Institutional CD Rate

-- By +Chris Duncan

Leave a Reply

CommentLuv badge