There are few banks today that don’t have an online presence. Almost all banks have recognized the simplicity and cost advantages of online banking and have begun offering some form of online banking and online bill pay to their customers. As these services evolve, online banking becomes increasingly easier to use and as
The highest CD rates offered nationally remained in a tight range for the week ending May 1, 2009. The average of the longest term CD rates, the five year term, dropped by one basis point or 1/100 of a percent for the week. The best two year CD rates increased on average by two basis
Certificate of deposit rates were down for the week ending April 9, 2010 across all maturities according to the most recent CD rate survey performed by SelectCDrates.com.
National CD rates were lower for all of the terms measured in the survey though the short term, 6 month CD rates, were down by only a very modest
Interest rates on certificates of deposit were lower for the week ending April 10, 2009. Although CD rates have been on a steady decline throughout the year the rate of decline on bank CD yields was been reduced slightly this week. The longer term maturities saw the smallest reduction in rates. On the longer term
CD rates were little changed going into the Memorial Day weekend. However, not all news for savers was ho hum with some CD maturities displaying a mild uptick. In the latest survey of bank CD rates conducted by SelectCDrates.com, the average yield on the top bank CDs available nationwide dipped by a very small fraction,
The Federal Reserve plays an important role in the U.S. payments system. The twelve Federal Reserve Banks provide banking services to depository institutions and to the federal government. For depository institutions, they maintain accounts and provide various payment services, including collecting checks, electronically transferring funds, and distributing and receiving currency and coin. For the federal
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
The best CD rates available nationally were lower by a fraction for the week ending January 16, 2015 based on the most recent survey of bank rates conducted by SelectCDrates.com. Of course, thanks to the uncertainty in overseas markets and skittish international investors, interest rates at on most bank savings and lending products have plummeted
Certificate of deposit rates managed to shift even lower for the week ending Nov 6, 2009. Bank CD rates with a six month maturity and CD rates with a two year maturity held steady while the one year rate dropped modestly and the five year fell considerably.
The average of the best six month CD rates
Certificate of deposit rates were little changed overall for the last full week of September but, CD rates were not entirely without their drama. Midterm certificates, accounts with maturities of one and two years in length, moved up with a bit of gusto. The average rate on the top ten one year CDs and two
Opportunities for investing in high rate certificates of deposit are still available in a variety of markets. Florida residents for example, have a number of CDs with a range of maturities to choose forms that are appreciably above the national averages. The best six month CD rate in Florida is over ½ percent higher than
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
Bank certificate of deposit rates fell moderately for the week ending March 26, 2010 upon reviewing all CD maturities measured by the survey of the best bank CD rates performed weekly by Selectcdrates.com. The shortest term bank CDs were unchanged, midterm CDs fell by a more moderate sum and the long term CDs were lower
Investors shopping for FDIC insured certificates of deposit nationwide saw some mild swings in the best CD rate averages for different terms. The short end of the curve dropped measurably from 2.22% average on the top 10 best six month CD rates last week to 2.14% this week. All other terms experienced a mild increase
CD interest rates retreated slightly to end the last week of November. The average CD rate coming from the top ten highest rates available across a broad spectrum of maturities dipped by just 2/1000ths of a percent over the course of the week. The average CD rate in the Selectcdrates.com index, which measures the best