Best CD Rates » bank rates

SunTrust Bank 3% CD Package

Douglas — Mon, 15 Mar 2010 10:31:33 +0000

Presently, there is a SunTrust Bank 3% CD package being offered. This is from a financial institution that offers retail and commercial banking, as well as trust services, mortgage banking, credit cards, mutual funds, insurance, equipment leasing, asset management, and securities underwriting. SunTrust Bank is the largest subsidiary of SunTrust Banks, Inc., an American bank holding company.

SunTrust Bank’s most direct corporate parent was established in 1891 in Atlanta, Georgia where its headquarters remain. SunTrust operates approximately 1,700 bank branches across the Southern states, including Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and Washington, DC.

SunTrust CDs provide a secure place for you to invest your money. You can invest funds for a chosen period of time at a fixed rate, allowing you to ride out any investment rate fluctuations that may occur. The SunTrust special CD package offer combines a 3.00% APY on its 26 month CD & IRA CD and another 3.00% APY on its 49 month CD & IRA CD in a combo package. The balances must be split evenly between the CDs in the package. A minimum deposit of $2000 per CD is required and the maximum deposit is $1,000,000. This offer is good for consumer and business accounts but is not available for public funds. A SunTrust consumer checking account is required for consumer CD packages and a SunTrust business checking account is required for business CD packages. There is a substantial penalty that will be imposed on early withdrawals that may result in the reduction of the principal if the accrued interest will not be sufficient to cover the penalty.

These special package CD rates are posted 2/18/2010 and are still current and effective as of 3/15/2010. Visit their website or your local branch for more details. The SunTrust Bank 3% CD package term or APY are subject to change without prior notice.

For additional resources about CD’s on this website, please view Best CD Rates by Term. For another financial institution rates please check out Ally Bank Certificate of Deposit Rates.

The Best CD Rates March 2010 is available on our sister website of onlinebanksblog.com.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name.

Best CD Rates By Term

Douglas — Fri, 12 Mar 2010 09:55:25 +0000

Credit unions dominate the best CD rates by term, with a few banks taking top place in some of the rates on certain terms. Most rates are down presently with just a few managing to stay where they were.

The best rate for a 6 month CD comes from Southeast Financial Credit Union. The required minimum deposit is $500. It has an APY of 1.60%. The rate was posted 12/31/2009 but still current and effective as of 3/12/2010.

The best rates for a 1 year CD to a 5 year CD all come from and is dominated by Melrose Credit Union. The required minimum deposit on all their CDs is $5000. Their 1 year CD has an interest rate of 2.05% with an APY of 2.07%. Their 2 year CD has an interest rate 2.30% with an APY of 2.32%. Their 3 year CD has an interest rate of 2.80% and an APY of 2.83%. Their 4 year CD has an interest rate of 3.05% with an APY of 3.09%. Their 5 year CD has an interest rate of 3.60% with an APY of 3.65%. The rates were posted 12/31/2009 but are still current and effective as of 3/12/2010.

The best rate for a 6 year CD comes from Third Federal Savings and Loan. The required minimum deposit is $500. It has an APY of 3.25%. The rate is current and effective as of 3/12/2010.

The best rate for a 7 year CD and a 10 year CD both come from Apple Federal Credit Union. The required minimum deposit for their CD is $500. Their 7 year CD has an APY of 3.75%. Their 10 year CD has an APY 4.00%. The rates are current and effective as of 3/12/2010.

Each of these CD rates may vary per area and are subject to change without prior notice. Visit each bank’s website for more details before deciding which ones are the best CD rates by term that will suit your needs.

Ally Bank Certificate Of Deposit Rates

Douglas — Thu, 11 Mar 2010 10:02:16 +0000

With Ally Bank certificate of deposit rates, you get great rates with no minimum balances. Your interest is compounded daily and you get to have 24/7 live Customer Care support. You can choose from any of Ally Bank’s CDs for maximum savings and flexibility that will suit your needs.

The Ally Raise Your Rate CD gives customers more flexibility and earning power with a 2 year CD term. Lock in a great rate now, plus have the option of a one-time rate increase if the rate goes up. The Ally Raise Your Rate 2 year CD has an interest rate of 2.02% with an APY of 2.04%.

The Ally No Penalty CD lets you get a fixed rate with the freedom of a no fee early withdrawal. This means you can withdraw your entire balance including all interests earned, without a fee. The Ally No Penalty CD has a 9 months term. It has an interest rate of 0.99% with an APY of 0.99%.

The Ally High Yield CD gives high fixed CD rates for a fixed term. The 3 months CD has an interest rate of 0.89% with an APY of 0.89%. The 6 months CD has an interest rate of 1.18% with an APY of 1.19%. The 9 months CD has an interest rate of 0.98% with an APY of 0.98%. The 12 months CD has an interest rate of 1.57% with an APY of 1.58%. The 18 months CD has an interest rate of 1.73% with an APY of 1.75%. The 3 years CD has an interest rate of 2.41% with an APY of 2.44%. The 4 years CD has an interest rate of 2.65% with an APY of 2.69%. The 5 years CD has an interest rate of 3.04% with an APY of 3.09%.

These CD rates are current as of 3/11/2010 and were posted on 3/09/2010. They may vary per area and may change without notice. Visit the Ally Bank website for more details on the Ally Bank certificate of deposit rates.

Chase Certificates of Deposit

Douglas — Wed, 10 Mar 2010 12:58:33 +0000

The Chase Certificates of Deposit are obligations of JPMorgan Chase Bank. All deposits are FDIC insured for all investments of $250,000 or less. At the moment, there are two different types of CDs being offered by this financial institution, the regular Chase CD and the Special Chase CD. The CD rates below are for the Pennsylvania area. Chase does vary their rates from region to region in America from time to time.

The regular Chase CD requires a minimum deposit of $1000 to open an account. The 36 month CD has an APY of 1.01%. The 24 month CD has an APY of 1.01%. The 18 month CD has an APY of 0.75%. The 12 month CD has an APY of 0.25%. The 6 month CD has an APY of 0.25%.

The Chase special CD rates are for the initial term only and require a deposit of $10,000 to open an account and to receive this special rate. The 60 month CD has an APY of 3.00%. The 48 month CD has an APY of 2.50%. The 36 month CD has an APY of 2.00%. The 24 month CD has an APY of 1.50%. The 13 month CD has an APY of 1.01%. The 9 month CD has an APY of 0.50%.

The options on how to receive your interest from any Chase CD is by either having the interest reinvested in the CD deposit or by having the interest deposited in a Chase savings or checking account. To qualify for these APY rates, the depositor must have a qualifying Chase checking account already established before the CD is purchased.

These Chase Certificates of Deposit were posted on March 9, 2010 and were still current as of March 10, 2010, but are subject to change without notice.

Top 6 Month CD Rates March 2010

Douglas — Fri, 05 Mar 2010 09:45:41 +0000

The top 6 month CD rates March 2010 are not hard to find. The best one nationally available is from Country Bank. This is on their 6 month CD with a relationship. The relationship is with a checking account with their bank that maintains a minimum balance of $1,000 and direct deposit of funds into the account. The interest rate is 1.74% and an APY of 1.75%. They also have a standard 6 month CD with an interest rate of 1.49% and an APY of 1.50%. Both of these CD have a minimum of $500 deposit required and the CD rates are current as of March 5, 2010.
The Community Bank of Pickens County has a 6 month CD with an APY of 1.50 for deposits over $50,000 and an APY of 1.25% with deposits under $50,000. The minimum deposit is $500.00 and the rates were posted on March 5, 2010.

Jacksonville Bank has a 6 month CD with an interest rate of 1.39% and an APY of 1.40% that requires a minimum deposit of $1,000 to open. These rates are current as of March 5, 2010.

The Golf Savings Bank has a competitive 6 month CD rate. For deposits between $10,000 and $90,000 the interest rate is 1.34% and the APY is 1.35%. These rates were posted on February 1, 2010 and are still current as of March 5, 2010.

Hudson City Bank has CD rates for the residents of the states of New York, New Jersey and Connecticut on 6 month CD’s. They are all the same at 1.246% simple interest. They require a minimum deposit of $500 and the rates are current as of March 5, 2010.

These are the top 6 month CD rates March 2010 available today March 5, 2010. All rates are subject to change without notice.

Best CD Rates – Best 1 Year CD Rates 2010

Douglas — Thu, 04 Mar 2010 12:18:13 +0000

At the onset of the new year, many are still in search for the best CD rates. Best 1 year CD rates 2010 move and change daily so if you want to lock in some of the best CD rates, you better move fast.

Credit unions normally do have higher rates. If you are looking at CD rates from credit unions, take a look at the following. From Bronx, New York, Melrose Credit Union requires a minimum deposit of $5000. Their 1 year CD has an interest rate of 2.05% with an APY of 2.07%. This rate is effective since 12/31/2009. Alliant Credit Union from Chicago, Illinois, requires $1000 minimum deposit. Their 1 year CD has an interest rate of 1.982% with an APY of 2.00%. This rate is effective since 12/04/2009. From Tennessee, Southeast Financial Credit Union requires $500 minimum deposit. Their 1 year CD has an APY of 2.00%. This rate is effective since 12/31/2009.

From Florida, First City Bank requires $1000 minimum deposit to open a CD. Their 1 year CD has an interest rate of 2.00% with an APY of 2.00%. This rate is effective since 3/1/2010. Academy Bank requires $500 minimum deposit to open a CD. Their 1 year CD has an interest rate of 1.69% with an APY of 1.70%. Tennessee Commerce Bank requires a minimum deposit of $2500 to open a CD. Their 1 year CD has an interest rate of 1.69% with an APY of 1.70%. This rate was posted on 3/2/2010 and is still effective as of 3/4/2010. NewDominionDIRECT.com requires $3000 minimum deposit to open a CD. Their 1 year CD has an interest rate of 1.65% with an APY of 1.67%. This rate was posted on 3/3/2010.

Other bank CD rates you might want to check are from Franklin Synergy Bank, Security Savings Bank, ING Direct, Amboy Direct, AmTrust Bank, Bank United, to name a few more.

The above rates are as posted on the each of the institutions’ respective website on 3/4/2010 and may change without notice. With a little bit more research, you will find the best CD rates – best 1 year CD rates 2010 that will fit your needs.

Current Wells Fargo CD Rates

Douglas — Thu, 04 Mar 2010 12:12:22 +0000

The current Well Fargo CD rates offers a choice of terms, at guaranteed fixed rate, and interest that is compounded daily. Wells Fargo is a diversified financial services company with operations around the globe. It is the fourth largest bank in the U.S. by assets and the third largest bank by market cap. Wells Fargo is also the second largest bank in deposits, home mortgaging servicing, and debit card.

Headquartered in San Francisco, Wells Fargo is one of the Big Four banks of the U.S. It has 6,650 retail branches, 12,260 ATMs, 276,000 employees, and over 48 million customers. It currently operates branches and ATMs under the Wells Fargo and Wachovia names.

At present, Wells Fargo has featured CDs for a minimum deposit of $5,000. The special rates are applicable to the initial term only. At maturity, the CD will automatically renew for the renewal term stated, at the interest rate and APY in effect for the CDs not subject to a Special Rate, unless the bank has notified you otherwise. The Special CD Offers are as follows. The 15 months CD has an APY of 0.55%, and renews to a 12 month term. The 21 months CD has an APY of 0.90%, and renews to a 12 month term. The 28 months CD has an APY of 1.40%, and renews to a 24 month term. The 35 months CD has an APY of 1.90%, and renews to a 24 month term.

The Standard CDs require a $2500 minimum deposit. The 3 months CD has an APY of 0.10%. The 6 months CD has an APY of 0.15%. The 1 year CD has an APY of 0.30%.

At the end of the term, you have a seven-day grace period during which you can let your CD renew automatically at the current rate, withdraw all or part of your deposit, select a new term, or make one additional deposit.

The above CD rates were posted on 2/27/2010 and are still current as of 3/5/2010 but may change without notice. Visit or call your local branch for more details on the current Well Fargo CD rates in your area.

Current HSBC CD Rates

Douglas — Tue, 02 Mar 2010 10:20:34 +0000

Grow money at guaranteed interest rates with the current HSBC CD rates. HSBC is the world’s local bank. HSBC Bank USA, NA offers its 3 million customers access to global markets and services. The bank provides a full range of commercial banking products and services to individual’s corporations, institutions and governments. This is done through its personal financial services, private banking, commercial banking and corporate investment banking and markets segments.

The bank is also an international dealer in derivative instruments and has mortgage banking and brokerage operations. With 14,000 employees, HSBC has nearly 400 branches in New York State, as well as 11 branches in Florida, six in California, and one branch each in

For a minimum deposit of $1000, you can open a CD with HSBC. The 3 months CD has an APY of 0.15%. The 4 months CD has an APY of 0.15%. The 6 months CD has an APY of 0.40% The 7 months CD has an APY of 0.40%. The 8 months CD has an APY of 0.40%. The 9 months CD has an APY of 0.50% The 11 months CD has an APY of 0.50%. The 1 year plus 1 day CD has an APY of 1.01%. The 13 months CD has an APY of 1.01%. The 15 months CD has an SPY 1.01%. The 2 years CD has an APY of 1.10%.

These CD rates are current as of3/2/20210 and are subject to change without prior notice. Visit their website for more details on current HSBC CD rates.

CD Rates Versus Fed Funds Rate Increases

Douglas — Sat, 27 Feb 2010 02:17:01 +0000

The effect of your CD rates versus Fed Funds rate increases is a positive move while the opposite is bad news. But what really is the fed rate and how does it function? This is relatively simple. Each financial institution is required by law to have a set amount of cash as a reserve and this is held by the Federal Reserve. If a financial institution’s reserve drops below the required level, they must borrow money to make up the short fall. The rate at which they are charged is the overnight short term loans that the Fed raised last week to 0.75%.

With the interest rate below 1%, all interest rates in every type of financial account will be at rock bottom. Once inflation starts to kick in and the Fed raises this overnight rate and the prime rate, this will have a positive effect on the rates of CDs and savings accounts. The reason being it cost the banks more to borrow money. Banks make money by making loans. The more they have to pay for the funds to make these loans, the higher the interest rates of the loans will be. The CD rates and the savings will move up just as soon as the fed raises the prime rate. This is the rate at which banks loan money amongst themselves but not dealing with their reserve money.

At the moment, as it’s been for a few years now, the Fed has had a monetary policy of keeping the interest rates artificially low. This is supposed to spur the banks into making more loans with low interest rates, but they refuse to still. This will keep the economy stagnated until financial institutions finally realize they need the economy running to make a greater profit.

The CD rates versus Fed Funds rate increases will be positive when the financial institutions finally decide to start making loans again. Until then, the economy will be sluggish and the rates will be at rock bottom for investors.

Navy Credit Union CD Rates

Douglas — Thu, 25 Feb 2010 11:41:38 +0000

Members receive a variety of Navy Credit Union CD rates that earn higher than share savings accounts. Headquartered in Vienna, Virginia, the Navy Federal Credit Union is the largest natural member (or retail) credit union in the world, both in asset size and in membership. As of April 2008, Navy Federal had over $35 billion in assets, and over 3 million members.

Currently, the Navy Federal has some featured shares or CD products. One of them is the Special EasyStart Certificate. For a minimum deposit of $50, the 1 year CD has an interest rate of 2.86% with an APY of 2.90%. The other featured share or CD is the Special 30 month Certificate. For a minimum deposit of $18,000, the 30 month CD has an interest rate of 2.23% with an APY of 2.25%.

For a minimum deposit of $100, the standard EasyStart Certificate’s 1 year CD has an interest rate of 1.44% with an APY of 1.45%. The 6 months CD requires $2,500 minimum deposit for a 26 weeks term. It has an interest rate of 0.90% with an APY of 0.90%. The 9 month CD requires $10,000 minimum deposit. It has an interest rate of 1.18% with an APY of 1.20%. The 18 month CD requires $10,000 minimum deposit. It has an interest rate of 1.64% with an APY of 1.65%.

Also available are rates for CDs (or Share Certificates) with a minimum deposit of $1000. The 1 year CD has an interest rate of 1.44% with an APY of 1.45%. The 2 year CD has an interest rate of 1.88% with an APY of 1.90%. The 3 year CD has an interest rate of 2.18% with an APY of 2.20%. The 4 year CD has an interest rate of 2.47% with an APY of 2.50%. The 5 year CD has an interest rate of 2.81% with an APY of 2.85%. The 7 year CD has an interest rate of 3.78% with an APY of 3.85%.

These CD rates are current as of 2/25/2010 and may change without prior notice. Visit their website for many more Navy Credit Union CD rates.