The FDIC has basically established a national rate for CDs. You’ll find it quite difficult to find any bank offering above 1.60% for 1-year CDs. You may be wondering why. Starting January 1, 2010, under capitalized banks have to set rates at or below the Weekly rates that the FDIC publishes. Here is a link. [Read More…]

Yes, we are still alive. Actually, doing quite well. Our non-web based clients have been keeping us amazingly busy. However, I don’t want to forget about all of you either. So here are two sites that we have found helpful over the years. So check them out. If you find something good there, please come [Read More…]

Updated 3/26/2020 Here is a look at CD rates in California from a few strong banks and credit unions. Southern California OneWest Bank, FSB — OneWest was formerly IndyMac Bank which the FDIC took over. The FDIC actually kept the bank open and ran it as IndyMac Bank, FSB. They finally found a group of [Read More…]

Updated 3/26/2020: It seems that many people are looking for info on BBT and their Banking Products. BBT Bank’s official name is Branch Banking and Trust Company. They were established in 1872 so certainly have weathered quite a few storms. With $223.1 Billion in assets (Q2 2019) they are a large bank based in the [Read More…]

I was reviewing our logs and noticed that someone had come to Our Blog, looking for the answer to, “What is the difference between FDIC and NCUA Insured?” Boy, did I feel silly because I didn’t actually have the answer on our site. After all, we help people invest in federally insured banks and credit [Read More…]

[Updated: 3/26/2020] America’s Credit Union (NCUA# 9373) has had some nice CD Rates in the past. Membership is open to all. You can either be a current or retired member of the military or join the Association of the US Army for $40.00. America’s Credit Union is federally insured by the NCUA. They currently have [Read More…]

I wanted to get this posted this morning, but was not able. Here are a couple links to video tributes. We must never forget. 9-11 Tribute 2006 9-11 Tribute Video ChrisCD :O)

Highest CD Rates – Update 9/22/09 1-year: 2.15% APY (3-Star) 18-months:2.30% APY (1-Star) 2-year: 2.53% APY, 1xBump (2-Star) 3-year: 3.00% APY (2-Star) 5-year: 3.70% APY (4-Star) Although the talking heads keep pushing that the economy is recovering I think the millions of jobless, may disagree. The talking heads are focused on profit. So if a [Read More…]

Many people don’t worry about the capitalization of a bank. However, it is a good harbinger of distress and if not corrected early and quickly, many under capitalized banks fail. Under capitalized banks are able to use a rate listing service to attract certificate of deposits (CDs). As it appears that no one is policing [Read More…]

Our company was mentioned in a recent Article that MarketWatch wrote. Reading the comments on the article is almost as much fun as the article itself. :O) The article mostly focuses on Discover Bank which we also advertise for. They did also get the industry standard digs against brokered deposits, but overall a good read. [Read More…]