With most short term rates falling in the past week, bank savings account rates were not about to fight this trend. The average for the best bank savings accounts rates were down by three basis points or 3/100 of a percent to 2.09% for the week ending July 3, 2009.
During the week a Federal Reserve [...]
Rates Current as of Sunday March 21, 2010
Bank & CD Tips
When your certificate of deposit matures you usually have a window (10-15 days in many cases) of time to decide what to do next. This is often referred to as the grace period before automatic renewal of the CD kicks in. Usually, your bank will automatically reinvest into a new CD if you don’t give them alternate
Banks are great place to get a high rate of return during a rough investment market. Banks are also the number one destination for an emergency cash fund. Everyone needs an emergency savings plan that insulates them from both expected and unexpected large expenditures. Bank CDs and savings products are convenient, offer stable interest rates and FDIC
