CD Thread, Post The Best Rates You Can Find Here!--Best Nationally Available Rates--

The old CD thread is here. Thanks to all those who contributed to that thread and made it the best place on the net to find rates. Let's keep that up and use the excellent format from the previous cd thread with some minor updates.

FirstBank has some really good long term rates.

FirstBank

http://bankdeals.blogspot.com/

What do you make of this.... 6m CD @ 7.44 apy

Obviously Worldwide Financial isn't a bank offering that rate, but that's a pretty crazy rate....

Did you happen to ask if it could be opened over the phone? Thx for the info.

mnsweeps said: BlueEyed said: What do you make of this.... 6m CD @ 7.44 apy
Obviously Worldwide Financial isn't a bank offering that rate, but that's a pretty crazy rate....

It says FDIC insured so I called and a lady transferred me to some headhoncho. I asked him if he
has a website and he said NO...Thank you..


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I would be very careful on this. You really need to verify the bank behind this service. The rate is very high. Remember,
if it seems to good to be true it probably is.

I would never ACH or wire transfer funds through a service. Only my bank to the next bank after I verify the new bank and the account in my name only.

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I called, got someone who worked for the building management, not Worldwide financial. This is their address:

980 9th st
sacramento ca 95814

And there is no such bank listed at FDIC's bank search. Not even in the same zipcode. I'll call again tomorrow during business hours.

soundtechie said: I called, got someone who worked for the building management, not Worldwide financial. This is their address:

980 9th st
sacramento ca 95814

And there is no such bank listed at FDIC's bank search. Not even in the same zipcode. I'll call again tomorrow during business hours.

It says in the ad that it's a bank CD advisory service (CD broker, I guess). It also says "World Currency Yields subject to change." It sounds to me like it may be some currency linked/denominated CD product like those at Everbank. Maybe you're getting 7.44 APY on rupees or something and hoping they stay stable or increase against the dollar during the term.

I live nearby and used to work at 980 9th Street; it's a large (for Sacramento) office building on the corner of 9th and J, known as the US Bank building. But don't let the building name fool you; I'm sure they're just leasing an office. It's a bit disconcerting that the ad doesn't list a suite number. I suppose I could go check it out, but this verbiage in the ad concerns me - "World Currency Yields subject to change daily". Sounds to me like it's not a fixed 7.44%. I'll stick with my 6% 12 mo Golden1 CU CDs that I got last July, which ARE guaranteed to hold their rate. And sadly that rate isn't available anymore.

silenthill said: I've got a general question. Can you add money to a cd once its established?

Those are called LIQUID CDs

AmTrust - Phoenix AZ area, Ahwatukee Branch.

Certificate of Deposit:

9 mth CD @ 5.75% APY ($1K min) good thru 12/31/06.

Money Market:

Personal MM @ 6.00% guaranteed 180 days ($50K min) good thru 12/31/06.
Business MM @ 6.00% guaranteed 180 days ($1K min) good thru 12/31/06.

jdixon said: AmTrust - Phoenix AZ area, Ahwatukee Branch.

Certificate of Deposit:

9 mth CD @ 5.75% APY ($1K min) good thru 12/31/06.

Money Market:

Personal MM @ 6.00% guaranteed 180 days ($50K min) good thru 12/31/06.
Business MM @ 6.00% guaranteed 180 days ($1K min) good thru 12/31/06.

Please read the posting information before you post rates on page 1. It says:
Posted offerings should generally be OPEN NATIONWIDE TO ALL PERSONS - NO GEOGRAPHIC RESTRICTIONS. Other minimal restrictions should be made with a notation

Thanks

jdixon said: I also saw "Must have AmericanDream SavingsAccount" in several entries; not a geographic restriction, but highly restrictive nonetheless.

The AmericanDream SavingsAccount is available to all. With no fees and minimums for the account, this is certainly one of the easier restrictions to meet to qualify for a high rate cd.

jdixon said: zjts said: Rates from link on p1 do not correspond... are these rate for walk-in to that branch only? Thx
If you're referring to Amtrust 9m. @ 5.75%, I did a walk-in, but only because I live in the area. I didn't ask if they were strictly for walk-in.

I will call the branch on Monday and update this thread. Since some object to my posting the rate, I will remove the info if geographic restrictions apply.
I talked to branch csr this am:

* Walk-in only.
* Soft credit pull.

You can try your luck with other branches on rate match - ymmv of course. Apologies for mis-posting; will delete entry on 1st page.

Please be kind...my first post for a CD rate

5.75% 8-Month CD a Patelco CU (Available to All)

Patelco Credit Union (www.patelco.org) has improved its CD special called the Super Saver Certificate. The new offer is a 5.75% APY 8-month certificate (up from 5.35%) with a $1K minimum opening deposit. Additional deposits can be made during the term. The deposits must be at least $500. At least 50% of the funds used to open the account must be new money. The certificate is also available as an IRA with a $500 minimum opening balance. Patelco is privately insured by American Share Insurance (ASI) up to $250K per account.

They are waiving the $20 membership fee for this month, and you must have a savings account with them in order to get the CD. This deal ends on the 30th.

Telephone Service Center:
415.442.6200
1.800.358.8228 (toll-free, nationwide)

Hours:
M, T, Th, F: 7:30 am - 6:00 pm
Wed: 9:00 am - 6:00 pm
Sat: 9:00 am - 2:00 pm

Thanks to bankdeals.blogspot.com and the anonymous person who reported about the free membership deal


Dupontcobb

PATELCUAdditional deposits can be made during the term isnt that good ??? i mean u can add $$ to a cd..i have never heard that before..just 2 days back I opened an account with indymac for 5.45% apy I called them and they said they will charge me penalty of over $350 if i close

good idea to read the rules of this thread,
>Only FDIC Insured Banks in the USA as well as NCUA Insured Credit Unions with NO or MINIMAL restrictive membership requirements will be listed in the main rates section. Non federally insured Credit Unions will be listed in a separate section.


I did read the rules before I posted this. Anyone can join Patelco CU for $20, but this month they are offering free membership. I thought the main rate section was those posted on the first page of this thread. Where is the seperate section for non federally insured credit unions or did I need to post a new thread in the finance forum?

Thanks,
Dupontcobb

ThursdaysChild said: dupontcobb said: ... Non federally insured Credit Unions will be listed in a separate section... Where is the separate section for non federally insured credit unions or did I need to post a new thread in the finance forum?
Thanks, DupontcobbNo new thread needed. Here's a commonly overlooked general credit union thread.

A lot of great credit union rates that don't meet the criteria for inclusion on the cd thread have been posted on the credit union thread. However, for non federally insured Credit Unions that are open to all, rates should go under the "Non NCUA Insured Credit Union CDS" section near the bottom of the quick summary on this thread.

Tomorrow could be the day at penfed - here's hoping for the big one

slimcustomer said: PenFed is now advertising 5.25% apy on a 36 month share certificate on the main page of their website.Yeah, I hope it's a typo...it would be odd to have so many CSRs misinformed over the last few days.

EDIT: And it is See the rate tables.

>>>DOWN

ALLIANT CREDIT UNION

Another .10 APY drop at Alliant. Also eliminated bonus .10 APY for Jumbo level.

Now 3 yr: 1.50% (was 1.60)
Now 4 yr: 1.80% (was 1.90)
Now 5 yr: 1.80% (was 1.90)