Five year certificate of deposit rates got hammered in the most recent weekly survey of bank rate activity performed by Selectcdrates.com. The average interest rate for the top ten highest five year CD rates lost six basis points or 6/100 of a percent on the week. The average rate ended the week dipping down to [...]
Rates Current as of Tuesday March 09, 2010
Bank & CD Tips
One advantage of a fixed rate certificate of deposit over a money market account, high yield savings account or bond mutual fund is that you know exactly what the interest rate will be over the term of the CD. Most bank CDs are for a fixed rate and a fixed term. Money market accounts, savings
Clearing checks has become much faster process as technology has improved. Many banks now use digital images of checks instead of the actual checks in order to transfer money more quickly. Many banks now use digital images of checks instead of the actual checks in order to transfer money more quickly. Since checks clear faster,
