This week, the average of the best six month CD rates available nationally remained unchanged.  The average rate for the top ten best six month CD rates as measured by the SelectCDrates.com weekly CD interest rate survey remained at 1.28%, the same as the previous week’s average yield. With the dramatic amount of bank interest [...]

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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 [...]

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Rhode Island CD rates at Independence Bank.  Independence Bank is an FDIC insured bank based in RI.  Independence Bank offers personal and commercial banking services in the Ocean State. Independence Bank is a full service bank based in East Greenwich, RI.  As a locally operated bank, Independence Bank provides local service, competitive rates and a [...]

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The First Bank of Greenwich bank is a full service bank that offers competitive CD rates in CT along with a variety of other banking products and services.  The First Bank of Greenwich is a state-chartered commercial bank, headquartered in Greenwich, Connecticut.  The bank is a full service commercial bank that serves individuals and businesses [...]

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Winthrop State Bank is a Minnesota based bank headquartered in Winthrop, MN.  The bank was founded in 1903 and offers personal and commercial banking services in the region. Winthrop State Bank offers a variety of deposit and lending products to meet a range of needs.  Deposit and lending products are available for personal, business, and [...]

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Optima Bank & Trust Company is a state chartered community bank in New Hampshire that offers a variety of financial services including competitive CD rates in New Hampshire.  Optima Bank & Trust is a commercial bank that is locally owned and managed.  The bank opened for business in January 2008 and is based in the [...]

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Wilber National Bank is a commercial bank serving the markets of central and upstate New York.  Wilber National Bank manages 23 full service bank branch locations located in Otsego, Delaware, Schoharie, Ulster, Chenango, Onondaga, Saratoga and Broome counties and two loan production offices located in Otsego and Saratoga counties. Wilber National Bank offers personal and [...]

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Bridgehampton National Bank is a New York based bank.  Bridgehampton National Bank operates 16 retail bank branches in New York serving the primary market area of the North and South Forks of Eastern Long Island.   Bridgehampton National Bank offers a number of banking products through their bank branch network and electronic delivery channels.   Bridgehampton National [...]

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Bank certificate of deposit rates were mostly lower again this past week.  All bank CD terms experienced falling interest rates on the week with the exception of the five year maturity which remained unchanged.  The one year and two year CD rates were especially hard hit based on the weekly survey of bank rates performed [...]

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March 19, the FDIC closed seven more banks bringing the total number of closures in 2010 to 37.  At this time last year, the FDIC had brought the curtains down on just 20 banks.  Many small community banks remain in trouble and the pace of bank closures is not likely to slow in the near [...]

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