Best CD Rates, Certificate Of Deposit, Bank CD Rates

Blogroll of Great Finance Sites

Listed below are some quality sites I recommend reading. They are sites I read on a regular basis, and whether they know or not I consider them friends/Great writers. Here they are with a description of their site in no particular order.

Bank Deals – A solid Bank investing site which covers everything from checking accounts and credit cards to CD rates and Money market accounts.

Contrarian value investing – A solid blog that covers the teachings of Warren Buffett, Joel Greenblatt and David Dreman. Plus a great summary of some of the weeks stock reports.

No Credit Needed – Debt reduction information and help. A regularly updated blog with lots of great tips.

All things Jim Rogers – All Things Jim Rogers is about.. you guessed it, the super investor Jim Rogers, and his thoughts on economy and stocks.

Cheap Stocks – Really clean and solid stock picks and investing site. This guy covers a lot of ground. He even has been covering some tips on blogging and SEO.

Crush The Market – Excellent tips on ways to track your stock performance as well as stock picking tips.

Beginners Investing Guide – Everything about the basics of investing. Great for starters.

Best bank CD rates

Getting the best bank CD rates is what is our main focus. While we cover rates from bank by city and state we understand that some of you are looking for where to invest your money. That’s why we are now going to have this post dedicated to the best bank CD rates.

This list will include any bank that makes the cut. It really doesn’t matter if the bank is small or large, and will not be based on the actual stability of the bank, but rather on the cold hard fact of it being a good CD rate.

That means we will be monthly updating this page to let you know which USA banks that carry a legitimate certificate of deposit, actually have the best CD rates.

Key Bank CD rates

Taking a look at what Key bank has to offer in the way of certificate of deposits brings us to Key direct. This is just a subsidiary of Key Bank, and a simple move to allow people to just buy what they want. Especially in this market.

While Key Bank may not have the best CD rates in the market, they do make it quite easy to order online with their online banking and investing enrollment. They service up to 37 states, and it can all be done by phone if you don’t have a Key nearby.

Currently according to their website, they are showing for a Key Gold Money Market Savings account a 2% APY on anything from $.01 up to under $250k.

The Key Tiered Certificates of Deposit rates are 3.80% APY on any balances of $5000 to right under $50,000. With a 14 month term.

And lastly the Key IRA Tiered CD rates are 4.10% APY with a deposit of $5,000 to $49,999.99. With the term being 29 months.

Once again you should check with Key for their current CD rates to be accurate for any changes that may have been made past November 21st. Key Bank CD rates as I mentioned may not be the highest CD rates, but they are an alternative if you are looking at going with them.

Suntrust CD rates

Suntrust bank, an Atlanta based company currently holding $174.8 billion as of September 30, 2008 has some half decent CD rates if you are a member already or located near one of their many branches.

As of now based on their website I found that they are offering several different choices for CD rates. the first being a 13 month term for a traditional certificate of deposit and CD IRA currently showing at 3.75% APY with a minimum deposit of $2000 dollars or greater.

The second option that is also available is 2.60% 30-Month No-Penalty CD and CD IRA. Not the least bit tempting i would say. Especially since you are locked in for a decent period of time. However if stability and a fixed rate is what you are looking for, this may be the option you want to go.

These are the only 2 Suntrust CD rates (certificate of deposit) that I see publicly available as of right now. You might want to go in to a local branch of Suntrust just to check and see what you might be able to work out.

Bank of America CD rates

The most popular Bank of America CD that is probably advertised is the opt-up CD. Bank of America CD rates are not readily advertised on the site when I visited it, especially when it varies state to state. Basically you can get 2 different types of opt-up CDs. The first would be the Standard Opt Up CD account. This features a 30-month term opened in any amount from $10,000 up to $250,000. Bank of America is a very strong bank, so you may find their rates are not as competitive as some others who are more desperate for business.

The second option B of A offers is the Flexible Opt Up CD account. The great thing about this certificate of deposit is that you can have the option to increase your rate one time after six months, if interest rates rise during the term of the CD, with no fee or term extension at all.

As of today there is also a Bank of America high yield CD which I thought would be a high yield. Once again this only shows the stability of Bank of America with the low interest earned on this CD of its 7 month duration. The interest rate came out to 2.47% with an APY of 2.50.

If you are looking for a CD with a bank that has a great history, Bank of America definitely has the stability you might be looking for, with banks nationwide they are an easily accessible bank for just about everyone.

Certificate of deposit rates

The best Certificate of deposit rates also known as CD rates for short are continuing to take a beating. Since many of you are looking for the most up to date news on Certificate of deposit rates and the best cd rates, I have decided to add a widget to MoneyOneFinancial.com, that should allow you to scroll through the latest updating news.

The widget will provide information on bank deals and upcoming bank rates on multiple financial institutions. Remember to always check with your bank or Credit Union to confirm what the current CD (certificate of deposit) rates are for them. Our goal is to help improve your investing experience. We truly hope that we have and will continue to help you to make an informed decision on a certificate of deposit that is worth it either over a short period or a long period of time.

Below are some of the best CD rates that we have currently found as of the date of November 17th, and are not meant to be taken as a definite rate for your area since there are variations in bank rates depending on where you live. This is merely a guide, and rates are always being updated, so please confirm with your bank or a professional banker first before making decisions based on these rates.

Alabama State Employees Credit Union CD Rates

One of the oldest of all credit unions, and financial institutions for that matter is Alabama State Employees Credit Union which was founded in 1954. Particularly for membership of those living in and around the Montgomery area, and other surrounding counties, it is one of the most reliable and stable.

In 2001 Alabama State Employees Credit Union received the grant of Community Charter. This has opened up many more services for the members of the Credit Union as it continues to flourish.

For those to qualify to not only bank with Alabama State Employees Credit Union, but also receive the CD rates (certificate of deposit) show below, you must work, live, go to school or attend for Worship in Montgomery, Autauga, Elmore, Bullock, Macon, Lowndes, Crenshaw, Pike or Butler. Opening a savings account is quite simple with just a minimum $25 dollar deposit. Below are the CD rates noted by us as of November 14th. You will need to check with the Credit Union on current rates just to be sure.

6 Month CD earns you 3.55% interest, 3.60% APY.
1 Year CD earns you 3.60% interest, 3.65% APY.
2 Years CD earns you 3.65% interest, 3.70% APY.
3 Years CD earns you 3.70% interest, 3.75% APY.
4 Years CD earns you 3.75% interest, 3.80% APY.

Georgia CD rates

Georgia has many banks we can call on to compare CD rates across the board. That way you can get the best bang for your buck. Lets first take a look at CD rates in Atlanta Georgia since it is the largest city. Then we will branch off from there.

Lets start with Delta Community Credit Union which advertises a 4.50 APY CD Rate when you invest $1000 minimum for 12 months. Delta Community Credit Union serves Atlanta, Suwanee, Stockbridge, and other surrounding areas including out of state branches in Kentucky, and Dallas Texas.

The second is Bank of North Georgia Certificate of deposit rates. Their main headquarters is located in Alpharetta Georgia, and they also have branches in Atlanta as well as Bowdon, Bremen, Buford, Carrollton, Covington, and a bunch of other towns and cities all over Georgia. Their website does not offer specifics, so you will actually need to get in touch with them to find current CD rates.

If you live in Georgia and have seen a recent CD that is on the rise with a reputable bank, feel free to let us know by leaving a comment.

Wachovia bank cd rates

So I checked to see what kind of special I could get if I went directly to the Wachovia website to look up their cd rates. Wachovia bank cd rates are between 4% APY and the mid 3′s as of now. As I typed in a Texas zipcode the best I could get was 4%. In order to receive this rate you will need to signup for a Wachovia checking account if you have not done so already.

This is for the Wachovia 12 month Cd rates that i found this and I had hoped it would be better than that, but it wasn’t. It was no suprtise that it as for 12 months since many of the Banks have been offering this as a standard for the higher cd rates.

If you are going to get a short term like a 6 month cd rate or a 3 month cd rates you will not find that good of a return. This is because you are not locked into the bank for that long which does not allow them to make money of you. Wachovia bank works just like many other bank with their top cd rates.

If you are going to go with something you may want to lock in now depedning once again on the economy. I think at this point a lot of questions are brought up. With the new Barack Obama gaining poer as president does that mean things will get better in the financial sector right away? most likely not. There will be lots of hiccups after his gaing authority as our president which may cause the economy to remain or even get worse as it drowns in the pool its already been turning in.

We will continue to cover the best cd rates and the top cd rates that banks are currently offering so you can make the best decision.

6% cd rates do they exist?

I find that people are always finding Money One Financial for 6% cd rates. The question is do they exist? Well I must tell you, there isn’t really any CD that we are aware of at the moment which is bring in a 6% return. While some banks have come close, the financial situation of the US economy just doesn’t allow for this nice of a return.

What does seem to be true however is the fact that you can find some high interest cd rates from banks that are offering it. but you will also find when you compare cd rates, that the ones that are for 3 year terms are going to be the only ones over 5% generally.

Some banks and institutions like Pentagon Federal Credit Union, Alta Vista Credit Union in Southern California, and maybe a few others do offer a rare CD with high interest, the only problem is many of them are private banks which require some restrictions. The best cd rates you are going to find at the moment will probably be with smaller banks that are struggling. While this is not always true, many small banks will do anything they can to survive the economy crunch by getting as many people as possible to get accounts with them.

As we mentioned before, you don’t have much to worry about. Who will have the highest cd rates this week? Stay tuned as we post them.