The average rate on the best bank money market accounts, as reviewed in the weekly bank rate survey performed by SelectCDrates.com, held steady this week at 1.34 percent.  With bank money market rates holding up rather well, these accounts continue to compare quite favorably to alternative investment that are highly liquid and secure.
With the best [...]

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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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The best bank money market account rates continued their listless movement through the week of May 22, 2009.  In a week where the ten year Treasury bond rate increased from 3.14% to 3.45%, short term CD rates dropped while long term CD yields rose, once again money market rates remained for the most part unchanged.  [...]

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Central Bank is a local community bank located in Hillsborough County, Florida.  As a local community bank, Central Bank’s goal is to serve the community, its people and local businesses.  The bank offers an array of savings products for consumers from their one location in Tampa.
  
Central Bank CDs are available in a variety of terms.  [...]

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Not all bank interest rates are created equal.  In turbulent economic times the difference between the rates being offered on similar products between banks can be very significant.  CD rates, savings account rates and money market rates will vary measurably between banks and financial institutions.  As bank profits gyrate and competition intensifies, the rates promoted [...]

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