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One Year CD Interest Rates May 10, 2010

Posted in May 11th, 2010
by admin in 1 Year CD Rate Updates

One year CD rates managed to squeeze out a small gain on the average yield for the best national CD rates.  The average rate for the top ten highest one year CD rates moved ahead by one basis point or 1/00 of a percent for the week ending May 7, 2010 based on the most [...]

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Flagstar Bank Branch Locations

Posted in November 6th, 2009
by admin in Flagstar Bank Locations

Flagstar Bank branch locations.  Bank directory lists Flagstar Bank offices alphabetically by city andstate.  Find bank branches for all Flagstar Bank locations with complete bank address and description. 
Flagstar Bank is headquartered in Troy, Michigan and has approximately 180 banking locations in Michigan, Indiana and Georgia.  Flagstar Bank offers a wide range of checking, savings and [...]

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Bank Money Market Rates for June 5, 2009

Posted in June 8th, 2009
by admin in Money Market Act. Rate Updates

Bank money market rates took a precipitous fall for the week ending June 6, 2009.  The average of the top ten bank money market rates fell from 2.09% to 2.00%.  Yields for the best bank savings rates, the top CD rates in all terms along with money market rates fell for the latest week of [...]

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Best One Year CD Rates

Posted in January 25th, 2009
by admin in Money Rates

For the week ending January 23, 2009 the best one year CD rates in are hovering right around a 3.00% with a few banks offering CD rates above 3.00%.  The battle for the top one year CD rate has been fierce with lead changes happening multiple times during the week. 
Flagstar Bank headquartered in Troy, Michigan [...]

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Best One Year CD Rates

Posted in January 18th, 2009
by admin in Money Rates

In today’s topsy turvy market, CDs add stability to an investment portfolio.  As interest rates continue to drop, this may be the time to lock in the higher rates that are still available with bank CDs.  With the one year CD an investor obtains a great rate at a term that provides both security and [...]

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CD Rate Updates

CD Interest Rates Continue to Fall July 19, 2010

National certificate of deposit rates once again moved lower for the week ending July 16, 2010. According to the most recent survey of bank CD rates performed by Selectcdrates.com, CD interest rates were lower for three of the five CD maturities measured and remained unchanged for the remaining two terms.
The average of the top [...]

Bank CD Interest Rates June 21, 2010

Certificate of deposit interest rates were just fractionally lower for the week ending June 18, 2010 based on the survey of bank CD rates performed by Selectcdrates.com. National CD rates for the three month, six month and two year maturities ended the week unchanged from the prior week. The one year and five [...]

Bank Certificate of Deposit Rates June 14, 2010

Certificate of deposit interest rates ended the week on June 11th with mixed results across the various maturities. The average yield for the five year CD rates ended with a gain on the week while the six month and one year term CDs remained unchanged. Unfortunately, the average rate on the top ten [...]

Banking & CD FAQs

How are Internet banks regulated?
The way an “Internet bank” is regulated depends in large part on the type of institution it is. Some Internet banks are Internet sites on which customers of “bricks-and-mortar” depository institutions can access transaction services. Other Internet banks operate only through the Internet (“Internet- only”). The Federal Deposit Insurance Corporation (FDIC) monitors
How am I notified when my bank has been closed by the FDIC?
The FDIC notifies each depositor in writing using the depositor’s address on record with the bank. This notification is mailed immediately after the bank closes. When the failed bank is acquired by another bank; the assuming bank also notifies the depositors. This notification usually is mailed with the first bank statement after the assumption.
What is the difference between CD and money market?
Some investors use the word CD and money market interchangeably. There are differences between CD and money market. First of all A CD or certificate of deposit is not a marketable security which means that if a certificate of deposit holder wants out of his or her certificate of deposit or wants to
What is a certificate of deposit?
A certificate of deposit is an IOU in that there is a promise to pay back the interest and principal at maturity to the holder of the certificate of deposit. But, a certificate of deposit is not a marketable instrument. In another word, if the holder of the certificate of deposit needs the
National Averages
CD Rates, Bank Rates,
Fund Rates and Key Rates
6 Month CD Rates
1.18%

1 Year CD Rates
1.49%

2 Year CD Rates
1.85%

5 Year CD Rates
2.85%

-----------------
Money Market Act. Rates
1.21%

Savings Account Rates
1.39%

Money Market Fund Rates
3.11%

Tax Exempt Fund Rates
2.39%

-----------------

Bank & CD Tips

Overseas Banks and FDIC Coverage
The FDIC warns that not all banks operating on the Internet are insured by the FDIC.  Many banks that are not FDIC-insured are chartered overseas.  If you choose to use a bank chartered overseas, it’s important to know that the FDIC may not insure your deposits.  Check with your bank or the FDIC if you’re
Bank Savings Accounts and Bank CDs Bastion of Safety
In these turbulent markets it would be prudent to position yourself  to be able to better ride out a bit of an economic challenge by reducing debt as much as possible and devising a spending plan that, even if it means some sacrifice, that allows for an increase in personal savings.  Banks are a bastion
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