Melrose Back On Top Of 2 Year CD Rate

That was fast! It only took a few days and no work on Melrose Credit Union’s part, but they are now back on top of the 2 year CD rate. Bank of Internet lowered their 24 month CD rate to 1.60%, causing Melrose to take the lead once again. It seems like a bank would […]

Bank Of Internet Tops 2 Year CD Rates

Who would have ever thought that another bank could overtake Melrose Credit Union on any of the long term CDs. Melrose cut their rates across the board on Tuesday, causing a small ripple effect on the top CD rates charts. As soon as Melrose dropped their rate to 1.66% APY, Bank of Internet assumed the […]

24 Month CD Rates Fall Below 2.00%

Can it be a sign of what is ahead in the game of CD rates? Finding the highest and most worthwhile investments is becoming more difficult than in times past. Is a 2 year CD under 2.00% APY really worth the time and money? Sure a certificate of deposit will be the safest place to […]

A Change On The 2 Year CD Rate

Hudson City Savings Bank held the second best 24 month certificate of deposit until it cut its rate of return from 2.00% APY to 1.75% APY on August 9th, 2010. It is still a great CD rate but now it’s nearing the highest 12 month CDs, making its 24 month CD not as attractive as […]