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 […]

Best 5 Year CD Rate Finally Drops Below 3%

When you thought the financial news couldn’t get any worse, Melrose Credit Union lowers their 5 Year CD to 2.93% APY on Tuesday. Mortgage rates are increasing and saving rates are decreasing, it seems to be the same old news week after week. Melrose Credit Union was our glimmer of hope, our bright shining star […]

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 […]

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 […]