Bank CD Rates

Financial Services Options

Rate Finder — Fri, 16 Jul 2010 20:10:19 +0000

Today’s financial services consumers encompass a diverse set of people in America ranging from the average person that does not have that much extra income to invest to the super rich. According to Wikipedia with help from the United States Census Bureau, in 2005, the average American made between 25 to 32 thousand dollars. Banks and financial institutions offer different services and rates for their customers. Find the bank or institution that offers the best set of services by reading about their promotional offers as well as their standard set banking products such as savings and checking. Many banks offer checking accounts that are free with direct deposit although some banks do charge their customers for not maintaining a minimum average daily balance per month.

There do exist alternatives to using regular old banks. Credit unions, for example, usually have some type of membership requirement so not everyone may be eligible but they can offer vastly different rates on traditional banking products. Local Police and Fire departments may have a credit union. While credit unions are not eligible for FDIC insurance, deposits at a credit union can be insured by the NCUA, or National Credit Union Association. This government institution is responsible for providing similar coverage for credit unions as the FDIC does for normal banks. It is always best to check with the National Credit Union Association website to ensure that the credit union in question actually has insurance. Just like banks, credit union certificates of deposit usually have a minimum opening balance requirement that must be met at the time the account is opened. This fixed time investment is just one of many investment products that CUs offer. In addition to checking, savings, and credit card accounts, CUs can also offer mortgages and loans. New and used car or truck buyers can save money from lower interest rates that a credit union may offer. One must check the membership requirements of a credit union to verify account eligibility.

A Cash Management Account is a somewhat more exclusive type of investment account. Investors with more cash lying around can benefit from a CMA since interest can be earned on the money in the account while still retaining a certain level of liquidity. Typical cash management accounts involve several types of banking services all rolled into this larger CMA. For example, one that opens a CMA should receive a debit and/or credit card for instant buying power, checks for those that still write checks, and maybe even a line of credit for bigger purchases that people with a lot of money tend to make. Overdraft protection can be enhanced since the line of credit can be used for overdrafts even though a fee still may apply. Up to 100,000 dollars will be covered by the Securites Investor Protection Corporation, or SiPC, however one must check with the bank before assuming such coverage. A cash management account essentially groups many banking services together to earn some interest on money that otherwise might not be doing so.

Connecticut River Bank

Rate Finder — Thu, 29 Apr 2010 03:38:16 +0000

Connecticut River Bank Website: www.crbna.com

Published CD Rates: Available

Certificate of Deposit Maturity	Min Balance	Interest Rate (APY)
3 Months	$500	.40%
6 Months	$500	.75%
1 Year	$500	1.10%
15 Months	$500	1.10%
18 Months	$500	1.10%
2 Year	$500	1.50%
3 Year	$500	2.00%
5 Year	$500	3.25%
6 Year	$500	3.25%

Branch Directory: 11 banks
FDIC Insurance: Yes
Full Service Finance: Checkings, Savings Accounts, CD’s, IRA’s, Loans, Business Banking, Mortgages
Tiny website

Manufacturers Bank

Rate Finder — Sat, 20 Jun 2009 23:04:46 +0000

Manufacturers Bank Website Website: www.manufacturers-ca.com
Current CD Rates: Not Available Online
Banking Locations:
- CORPORATE HEADQUARTERS
  515 SO. FIGUEROA STREET
  LOS ANGELES, CA 90071, U.S.A.
  (213) 489-6200
- BEVERLY HILLS BRANCH
  9777 WILSHIRE BOULEVARD
  BEVERLY HILLS, CA 90212
  Tel:(310) 786-8000
- CITY OF INDUSTRY BRANCH
  18645 E. GALE AVENUE, SUITE 110
  CITY OF INDUSTRY, CA 91748
  Tel:(626) 839-0506
- DOWNTOWN BRANCH
  515 SO. FIGUEROA STREET
  LOS ANGELES, CA 90071
  Tel:(213) 489-6200
- ENCINO BRANCH
  16255 VENTURA BOULEVARD
  ENCINO, CA 91436
  Tel:(818) 380-0900
- LITTLE TOKYO BRANCH
  200 S. SAN PEDRO STREET
  LOS ANGELES, CA 90012
  Tel:(213) 489-6400
- NEWPORT BEACH BRANCH
  1301 DOVE STREET
  NEWPORT BEACH, CA 92660
  Tel:(949) 253-5600
- ONTARIO BRANCH
  2855 E. GUASTI ROAD, SUITE 212
  ONTARIO, CA 91761
  Tel:(909) 467-8081
- SAN DIEGO LOAN PROCESSING BRANCH
  701 B STREET, SUITE 336
  SAN DIEGO, CA 92101
  Tel:(619) 544-3011
- SAN JOSE BRANCH
  100 CENTURY CENTER COURT, SUITE 205
  SAN JOSE, CA 95112
  Tel:(408) 467-5500
- TORRANCE BRANCH
  970 WEST 190TH STREET, SUITE 500
  TORRANCE, CA 90502
  Tel:(310) 630-0230
- WARNER CENTER BRANCH
  21550 OXNARD STREET, SUITE 250
  WOODLAND HILLS, CA 91367
  Tel:(818) 227-4500
FDIC Insured: Yes
Free Online Banking: Yes
Banking Services: Checking, Savings, Certificates of Deposit, Loan Accounts (HELOC, Personal and Auto)
Certificate of deposit rates are not listed on the bank’s website. Manufacturers Bank was opened in 1962 for the people of Los Angeles. Their parent company, Sumitomo Mitsui Banking Corporation SMBC has been in business in Japan for over 300 years.

Select Bank

Rate Finder — Sun, 07 Jun 2009 09:00:33 +0000

Select Bank Website: www.selectbanknj.com

Online CD Rates: Available
Best CD Rates

Certificate of Deposit	Minimum Opening Balance	Interest Rate	Annual Percentage Yield (APY)
7-31 Day CD	$500	0.70%	0.70%
91 Day CD	$500	1.44%	1.45%
6 Month CD	$500	1.64%	1.65%
9 Month CD	$500	1.74%	1.75%
12 Month CD	$100	1.83%	1.85%
18 Month CD	$100	1.88%	1.90%
24 Month CD	$100	1.88%	1.90%
36 Month CD	$100	2.03%	2.05%
48 Month CD	$100	2.33%	2.35%
18 Month Floating Rate CD	$100	1.88%	1.90%

Select Bank Locations:
- Absecon NJ
- Egg Harbor City NJ
- Egg Harbor Twp NJ
- Hammonton NJ
- Mays Landing NJ
FDIC Insured: Yes
Banking Services: Checking, Savings, CDs, Personal Loans and Mortgages, Business Banking
Select Bank of Southern New Jersey is a relatively new player to the banking industry since they were founded in November 2000.

Peoples United Bank

Rate Finder — Sat, 06 Jun 2009 23:07:56 +0000

People’s United Bank Website: www.peoples.com

Online CD Rates: Available after entering a local zip code
Highest CD Rates (based on zip code 06604)

Certificate of Deposits Length	Minimum Opening Deposit	APY
91 Day CD	$1,000	0.85%
6 Month CD	$1,000	1.25%
9 Month CD	$1,000	1.25%
1 Year CD	$1,000	1.75%
15 Month CD	$1,000	1.50%
4 Year CD	$1,000	2.25%

Bank Office Locations:
Numerous locations across the State of Connecticut
FDIC Insured: Yes
Banking Services: Checking, Savings, Certificates of Deposit, Loans
The People’s Bank Website is not easy to navigate.

Mechanics Bank

Rate Finder — Sat, 06 Jun 2009 22:33:27 +0000

Mechanics Bank Website: www.mechanicsbank.com
Online CD Rates
Highest CD Rates

CD Term Annual Percentage Yield CD Interest Rate Minimum Deposit

30 Month CD 2.50 % APY 2.47 % APR $1,000

11 Month CD 1.90 % APY 1.88 % APR $1,000

5 Month CD 1.50 % APY 1.49 % APR $1,000
Bank Office Locations:
FDIC Insured: Yes
Brokerage Service: Yes
Banking Services: Checking (a wide variety of accounts), Savings, Certificates of Deposit, Personal Loans (Auto, Truck and Boat Loans, Credit Cards, HELOC)
Mechanics Bank was founded in Contra Costa County California in 1905, just a year before the San Francisco earthquake of 1906. It started as the Bank of Pinole which was founded to provide a way for railroad workers to cash their checks.

CD Term	Annual Percentage Yield	CD Interest Rate	Minimum Deposit
30 Month CD	2.50 % APY	2.47 % APR	$1,000
11 Month CD	1.90 % APY	1.88 % APR	$1,000
5 Month CD	1.50 % APY	1.49 % APR	$1,000

Luther Burbank Savings

Rate Finder — Sat, 06 Jun 2009 19:27:42 +0000

Luther Burbank Savings Website: www.lutherburbanksavings.com
Online CD Rates: Not Available
Branch Locations:
FDIC Insured: Yes
CDARS: Contact a local branch.
Banking Services: Checking, Savings, Certificates of Deposit, Money Market Accounts
CD rates are not available online. Luther Burbank Savings Banks can be found in Northern California. Luther Burbank Savings has been well known for giving back to their community. Charitable projects can apply for funding from this local bank.

Bank of Marin

Rate Finder — Sat, 06 Jun 2009 18:59:30 +0000

Bank of Marin Website: www.bankofmarin.com
Online CD Rates: Not Available
Locations:
FDIC Insurance: Yes
CDARS: Yes
Banking Services: Checking, Savings, Certificates of Deposit, CDARS, Check Cards, Credit Cards, Teen Checking, Personal Loans, Business Banking Services
Bank of Marin is local to California. Interest rates are currently not published online. Call or visit a local bank branch to get current interest rates.