CD rates in 2011 have all been but annoying for those looking for a safe haven to invest their money. Since CDs are FDIC insured, they are a safe place invest your money, but with such low interest rates, many have wondered if its really worth placing their money in a locked up investment. More […]
AloStar Tops The 12 Month CD Chart
AloStar Bank of Commerce is back on the top of the 12 Month CD rates. Is AloStar becoming the next Melrose Credit Union? This online bank who is based in Birmingham, Alabama raised its 12 month CD rate from 1.18% up to 1.21% APY. This rate move causes AloStar to take the lead over Sallie […]
Overall CD Rates Hold Steady For Week Ending August 19th, 2011
This past week we have seen the Dow move up and down, but ending the week down 450 points. Many banks have cut their CD rates but overall the top CD rate leaders have held steady. The biggest drops come from a major Credit Union – Melrose. Melrose has consistently kept their rates higher than […]
Best CD Rates Are Found At Local Credit Unions
Before we start talking about Credit Unions we did want to report that MainStreet Bank still has a great rate on their 36 Month CD at 2.00% APY. You have to go through their airbanking.com website and act like you are signing up as a new member to view their CD rates. Time and time […]