Banks send them to their customers once a month through mail. Many customers, particularly those who use online banking, may throw them in the trash, but it’s best to give them at least one look-over for accuracy. Most consumers should keep their financial records, including bank statements, for a period of three years.
CD rate cuts on the nation’s best CD rates seem to be coming to an end and perhaps the bottom of the market has finally been reached. In the most recent survey of bank CD rates performed by Selectcdrtaes.com on April 27, CD interest rates displayed a slight uptick in the average rate for all
There is little to report regarding CD interest rate changes for the week ending December 23, 2011. Bank savings rates and CD rates seemed to be held in suspended animation as there were hardly any alterations in the top CD rates available nationally across most all bank CD terms.
The average CD rate measured by the
Bank certificate of deposit rates were lower for the third consecutive week in 2010. The average yield for the top ten best bank CD rates available nationally fell across all maturities. For the week ending January 22, 2010 the short term bank CD rates incurred the most damage while the mid term and longer term CDs
With the exception of the five year bank CD maturities, CD interest rates were little changed for the week ending February 24, 2012. Based on the most recent survey of CD rates conducted by Selectcdrates.com, the average interest rate offered on the top CD rates available nationally dropped by a very slim margin compared to
Bank rates fell…….through the floor this week. Fortunately, the full impact was not absorbed in CD interest rates although, in the coming days bank CD rates are sure to drop further. The European debt crisis not only refused to go away but appears to be bigger than ever. The combination of more problems with European
Short term savings refers to money that you keep out of your checking account and stash away somewhere close in case of an emergency or a planned expense in the not too distant future.
This may be a fund for something unexpectedly unhappy like car repairs, or it may be for something like college tuition in
In the most recent survey of bank CD rates conducted by Selectcdrates.com, CD rates slumped slightly compounding last week’s similar dip. The average yield on the Selectcdrates.com CD rate index moved down to 1.081 percent from an average rate of 1.087 percent found in the previous rate survey. The Selectcdrates.com index covers the top ten
Do you dream of buying that first home, a cottage on a lake, sending your kids to college – or all of these? Unless you have a rich relative who will leave you lots of money, the only way to achieve your financial goals in life is to set aside savings on a regular
Even though the GDP numbers released last week were stronger than expected, banks continued to trim interest rates further on certificates of deposit. Financial institutions cut rates on three of the four CD terms measured in the weekly selectcdrates.com bank rate survey. While yields moved lower for the short and midterm CDs, the long term
A weak jobs report has pushed interest lowers including bank CD rates. The most recent economic reports led by the monthly jobs report has turned the tide on the string of improving economic data and brought into question the vitality of US economic recovery. Slow growth generally leads to low levels of inflation, low loan
CD interest rates continued to slide further in 2010. The average interest rate on bank CDs available nationally was down slightly on all maturities for the week ending February 12, 2010. The rate activity among the best bank rates, however,was comparatively modest in light of the across the board drop in the average rates.
Bank certificate of deposit rates for the week ending November 13, 2009 were lower for all maturities with the exception of the five year term bank CD. The greatest CD rate reductions were on the mid term, two year bank CDs with the short term rates experiencing only a mild decrease in the average interest
CD rates remained relatively stable in the most recent survey of the top national CD rates. The average CD rate, as measured by the rates on the best three month, six month, one year, two year and five year CD rates, was unchanged from the previous week. The Selectcdrates.com weekly CD rate survey showed the
You probably have noticed that many brokerage houses are expanding into areas other than investments. This is a natural expansion for many brokers as money and banking become more virtual, and the new revenue streams help to offset the discounted prices for trades. You’re already invested with your broker, should you use him