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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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Newfield National Bank Locations

Posted in March 12th, 2010
by admin in Newfield National Bank Branch Locations

Newfield National Bank is a New Jersey based bank with 12 bank branch in the state.  Newfield National Bank’s main office is located in Newfield, NJ.
Newfield National Bank provides deposit and credit products in the region including consumer checking accounts and savings accounts, money market accounts, certificates of deposit with competitive NJ CD rates, internet [...]

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New Jersey CD Rates with Atlantic Stewardship Bank

Posted in March 5th, 2010
by admin in Bank Promotions

Atlantic Stewardship Bank is a full service commercial bank in New Jersey.  Atlantic Stewardship Bank provides personal, business, and online banking services.  The bank services include personal and business checking accounts and time deposits, money market accounts and regular savings accounts.
Atlantic Stewardship Bank has a strong Christian foundation and the founders of the bank incorporated [...]

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Bank CD Rates NJ with Liberty Bell Bank

Posted in July 14th, 2009
by admin in Bank Promotions

Liberty Bell Bank is a New Jersey state chartered commercial bank which was incorporated in 2002 and commenced operations in August 2003.  The bank serves businesses and individuals and provides competitive bank CD rates in NJ from three branches in Cherry Hill, Evesham, and Moorestown, New Jersey.
Liberty Bell Bank offers traditional retail deposit products including [...]

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NJ CD Rates with PGB

Posted in July 13th, 2009
by admin in Bank Promotions

Peapack-Gladstone Bank is based in Gladstone, New Jersey and provides individual and business banking services in the region.  Peapack-Gladstone Bank is a $1.4 billion asset, wholly owned community bank that offers a full range of banking products and services through 23 full-service branches, an online branch and a Trust division, PGB Trust & Investments. 
Peapack-Gladstone Bank [...]

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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

At what point is the interest paid on a savings account versus the time period it is paid on a certificate of deposit?
The frequency of interest payments, or the level of compounding interest, on any bank account is determined by the bank and the type of account you have. Truth in savings regulation makes it so the bank has to inform that account holder what the APY is on the account. The APY is the
How do I avoid the ATM charges when I am only taking out a small amount money?
The first method is to simply use your banks owned ATMs. Most all banks do not charge for ATM activity on their own ATM machines. The other method would be to use your ATM/Debit card for purchases and request cash back at the same time, making sure it is a merchant that offers
How Does Inflation Affect the Level of Interest Rates?
Inflation is one reason interest exists; creditors must be compensated for the decline in the purchasing power. So, rates generally are high when inflation is expected to be rapid. Inflation expectations are based heavily on recent inflation. So, rates generally are continuing to be high when inflation is runs above normal historical
Does the FDIC insure an unpaid cashier’s check, certified checks, and money orders?
In the event of a bank default that occurs before any of those items listed is cashed or credited to another account, these items would be included in the insurance amount for the account of the depositor that holds them.
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

The FDIC does not Insure All Bank Products
The FDIC does not insure bank products that include annuities, insurance, stocks, bonds, mutual funds, or US treasury securities.  As more banks offer a variety of investment products, be clear which products do not carry the guarantee of FDIC coverage.  When using bank products that are not covered by the FDIC, be sure these investment
Checking clearing times and Check21
When you write a check from your bank account, before making any subsequent deposits to cover the amount written, be more careful as the time it now takes to clear the funds through your checking account has been greatly reduced since the new law of Check21 was passed.
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