Jumbo CD Investments - CD Rates Blog

Countrywide Bank Savings Rate

Countrywide Bank is offering high rates on their savings accounts, money markets and CDs.

[Side Note:  Today (1/11/08) Bank of America annoucned they were buying Countrywide Financial Corp.  Although I don’t believe this necessitates a merger of the banks, that will most likely happen.]

For $50,000 and above, the savings rate is 5.25% APY.  Updated 01/08/2008.

They have over $99 Billion dollars in assets and are FDIC insured.  Their FDIC# is 33143.

Countrywide Bank Savings Rate

If you like talking to a real person we can help with CDs, but we have a fee for that service.  You can call us at 800-234-4605 or email us.

American Eagle Bank — Money Market Rate — Chicago Area only

Updated 1/3/08.  American Eagle Bank of Chicago no longer has a high Money Market Rate promotion.  However, their sister bank in Elgin does.  AME of Chicago does have a 7-mo CD special at 5.00% APY, which is pretty good these days.  It is only available for residents in the Chicago Area. 

The FDIC# is 58514 and they were established in April 2007.  The website is here: American Eagle Bank

Keep in mind there is a second American Eagle Bank in IL with a seperate FDIC# (57359).  They are a sister bank and both can be reached from the same site.  However, the specials are independent of each other.   American Eagle Bank of South Elgin has a money market promotion at 4.25% APY.