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State Farm Bank CD Rates July 23, 2010

Posted in July 23rd, 2010
by admin in State Farm CD

State Farm Bank CD rates are certainly not as well as known as the parents company’s insurance products; however Sate Farm Bank frequently offers very competitive CD interest rates among select CD maturities.
State Farm Bank is headquartered in Bloomington, IL and offers the bank CDs online to all U.S. locations. State Farm Bank is [...]

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First State Community Bank Branch Locations

Posted in May 28th, 2010
by admin in First State Community Bank Locations

First State Community Bank has bank branches in southeast and central Missouri.
First State Community Bank operates 32 bank locations in 23 communities in Missouri.
First State Community Bank offers a variety of consumer and business bank products and services in Missouri including checking accounts, savings accounts, money market accounts, certificates of deposit with competitive MO CD [...]

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Banterra Bank Locations

Posted in December 28th, 2009
by admin in Banterra Bank Branch Locations

IllinoisBanterra Bank is an Illinois based bank with bank branch locations in Southern Illinois, Western Kentucky, Southwestern Indiana and Southeastern Missouri.  Banterra Bank has a total of 27 bank branch locations and 37 ATMs in the four states served.  The bank was chartered in 1975 and is headquartered in Eldorado, Ill.  Banterra Bank offers standard [...]

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UMB Bank Locations

Posted in November 19th, 2009
by admin in UMB Bank Branch Locations

UMB Bank branch locations.  Find bank branches for all UMB Bank locations.  Bank directory lists bank offices alphabetically by city and state with the complete bank address and description.  Search UMB Bank locations quickly and easily to find the nearest UMB Bank branch.
UMB Bank branches are located throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska 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

What is the Annual Percentage Yield (APY)?
Annual percentage yield (APY) is the yield you earn on a deposit over the course of a year; it is a standardized way of comparing investments. The APY is important because it takes into account the assumed compounding of your interest. Compounding is simply a method of making earnings on your earnings.
My bank refused to open a NOW account for my business. Why?
A NOW account is an interest-earning bank account with which the customer is permitted to write drafts against money held on deposit. Entities organized or operated to make a profit (e.g., corporations, partnerships, associations, business trusts) may not maintain NOW accounts. However, an individual doing business as (DBA) a sole proprietor or under
Are banks in the United States all the same?
Most all banks are now very similar in the US. Technically, there are three main types of depository institutions or banks; banks, thrifts and credit unions. Thrifts and banks are very similar in structure, regulation and products offered. Credit unions are have some restrictions on members and are generally only available regionally.
Why would someone rent a safe deposit box?
It is a convenient place to store important items that would be difficult or impossible to replace. The safe deposit box also offers privacy, only you know what is inside, and security. Although many people like to keep valuables close by in a closet, safe or file cabinet at home or in 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
1.81%

5 Year CD Rates
2.84%

-----------------
Money Market Act. Rates
1.20%

Savings Account Rates
1.36%

Money Market Fund Rates
3.11%

Tax Exempt Fund Rates
2.39%

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

Bank & CD Tips

Tip #32
If you find yourself consistently not making payments and falling behind in your checking account, get some personal financial counseling. Free credit counseling classes are often available and you can find out about them at DebtAdvice.org, the website of the National Foundation for Credit Counseling.
Evaluate Bank CD Early Withdrawal Penalties on Longer Term CDs
If you are shopping for a longer term certificates of deposit the penalties for early withdrawal have to be considered.  Evaluating early withdrawal penalties when comparing CD rates is not just a concern for immediate cash needs.  Suppose you purchased a five year bank CD three years ago when interest rates were very low; is
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