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Zombie CD Rates and the Coming ApocalypseMarch 1st, 2012
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First, forgive the dramatic title; just having some fun. Two different people mentioned a similar topic though and I felt like it would be entertaining and informative. Are these low rates turning us into Zombies? Can we battle against the forces of darkness and retain our wits? Finally, are we doomed and really just prolonging [Read More…] CIT Bank – Bank Rates ReviewFebruary 2nd, 2012
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Updated 3/26/2020: CIT Bank Review CIT Bank is a relative new comer to banking. They were established in 2000. The CD portion of the Bank has been live in the market since mid-Oct 2011 and the Savings has been live since the end of March. CIT itself has been around since 1908 and like other [Read More…]
Low Rates Through 2014 and BeyondJanuary 27th, 2012
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The FOMC (Federal Open Market Committee) finished their January meetings this week. They usually meet every six weeks and outside of a sudden change that affects the economy they won’t meet again until March. Of particular interest to savers is the commitment to keep rates low, well into 2014. Their goal is to keep borrowing [Read More…]
Merry Christmas from Jumbo CD InvestmentsDecember 23rd, 2011
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I sure wish I could deliver some awesome Christmas rate, but at least I can deliver Christmas greetings. I tracked down a poem and picture from the public domain so hopefully you enjoy. Have a Merry, Merry Christmas. A Cradle Song Sweet dreams, form a shade O’er my lovely infant’s head! Sweet dreams of pleasant [Read More…]
Bank of America ReviewDecember 12th, 2011
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Update 3/23/2020 We have updated the financial stats and CD rates that are currently offered by Bank of America. They have an “A” grade rating on DepositAccounts.com . You can compare these rates on our CD Rates Comparison page. (December 12, 2011. Bank of America has been in the news quite a bit lately. With [Read More…]
Ally Bank – CD Rates ReviewOctober 6th, 2011
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Updated 3/23/2020 Ally Bank (formerly GMAC) has some competitive rates. They have tried to steer clear of the GMAC badge and re-create themselves as a no-nonsense bank. Opened in August of 2004, they changed the name in May 2009. They have grown quite rapidly and now are one of the larger banks in the country [Read More…]
Some Good CD RatesSeptember 26th, 2011
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While searching the internet I came across some good rates for you. I decided to go ahead and link directly to the sites I found them on. I have actually corresponded with the owner of DepositAccounts. US Senate FCU has a 5-year CD at 3.33% APY, 4-year at 2.79%, 3-year at 2.23%. Those are the [Read More…]
Agriculture Federal Credit Union ReviewsAugust 31st, 2011
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Updated 3/23/2020 Agriculture FCU has been around since 1934. They originally served the employees of the Department of Agriculture. There are now about sixty groups that have access to the credit union. Membership in AgFed Credit Union is open to anyone through either The Friends of National Zoo ($20 one-time fee) or The Friends of [Read More…]
Staying the CourseAugust 22nd, 2011
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I apologize for the image, I just couldn’t help myself when I saw it. Don’t worry, the aliens aren’t coming and you don’t need to flee to the hills. As the title indicates, “Stay the Course!” Panic is never a good thing. It often leads us to making rash decisions that we regret later. The [Read More…]
BNC National Bank ReviewsAugust 18th, 2011
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Updated: 3/23/2020 BNC Bank has mixed reviews. Some focus on their mortgage business. You can read them here: http://kansascity.citysearch.com/profile/41232589/leawood_ks/bnc_national_bank_mortgage_div.html. I always take reviews with a grain of salt. But these seemed to be more honest then most. As always, ask lots of questions and just make sure you are comfortable. If that inner voice continues [Read More…]
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