National City Bank Top CDs

National City Bank is again offering some attractive CD and money market specials. You now can get a CD with a yield of 5.25% APY on a term of 36 months. More details are provided at this National City CD promotion page, but this doesn’t list all of the terms. Here’s some more details:

Certificate of Deposit Specials for $10K minimum:

  • 4.25% APY 13 to 18 months
  • 5.00% APY 19 to 35 months
  • 5.25% APY 36 to 54 months

Money Market Savings Special:

  • 4.00% APY guaranteed for 180 days on $5,000 or more of new money

These have the typical National City requirement of an existing checking or savings account or a new checking (except Free checking) with a $1,500 minimum initial deposit. Without the checking account, the CD rates are 25 basis points lower. Also, the rates for a $2,500 minimum deposit are 20 basis points lower.

Banco Popular 60 Month 4.75% CD

Banco Popular is offering a special 60-month CD with a yield of 4.75% APY. The minimum deposit is $1,000 for a regular CD and a $500 minimum for an IRA CD. There are also shorter term CD specials, but these are less competitive. These include a 3.75% APY 24-month CD and a 2.85% APY 4-month CD.

Branches are located in California, Illinois, New Jersey, New York and Texas. The bank is a member FDIC.

Alliant Credit Union Savings and CDs

Alliant Credit Union lowered rates on its savings account and certificates today, but the rates remain very competitive. The savings account yield fell from 4.35% to 4.00% APY. The top yield on their 12-to-17 month certificate fell from 4.40% APY to 4.15% APY. This requires a minimum deposit of $25,000. However, the yield for the $1,000 minimum remained the same at 4.00% APY. The yield for $25K minimum deposits remained the same for the longer terms (4.15% APY). The yield for the $1K minimum deposits actually increased from 3.75% to 4.00% APY.

Branches are located in Chicago, Des Plaines, and Elk Grove Township, Illinois. There are also branches in Colorado, California and Virginia. It’s a large credit union with $4.9 billion in assets and 211,631 members.

Wells Fargo Certificate of Deposits

Wells Fargo currently has a special online certificate of deposit promotion with a 4.40% APY and 5 month term. Minimum deposit on this CD is $5,000.

The rest of Wells Fargo’s C.D.s aren’t that impressive, with CD rates ranging from 2.00% to 3.45%, and minimum deposits up to $10,000.

However, it may be more convenient for you to get a Wells Fargo CD if you already do most of your banking with this bank.

Countrywide Bank - 5.30% APY 6 month CD

Countrywide bank currently has the highest CD rate available in the 6 month certificate category, with a 5.30% APY. They also offer 5.25% for 3 month CDs and 5.10% for 1 year CDs. Minimum deposit on all CDs is $10,000.

In addition, Countrywide Bank also has a high 5.00% APY interest rate on their SavingsLink account. Minimum balance on this account is $250.

Bank of America 5.25% CD Rates

Bank of America is offering a 4 month short term certificate of deposit that has rates ranging from 4.95% APY to 5.25% APY, depending on which state you’re in. Here are some of the rates for various states:

5.25% APY at IL
5.15% APY at FL, NY, PA, NJ
5.10% APY at TX, CA, CO, IN, OH, VA, NC, GA, WI,
MI, MD, KS, KY, TN, MN, NE
5.05% APY at MO
5.00% APY at IA
4.95% APY at WA, AZ, MA, NV, OK

Bank of Internet CD Rates

Bank of Internet has one of the highest rates for the 18 month CD bracket, with a 5.06% APY. They used to have higher rates, but after the recent fed rate cuts they’ve dropped their rates across the board. Their certificate of deposits feature:

  • $1000 minimum to open
  • No fees
  • Compounded Daily
  • Paid Monthly, Into Account, By Check or Wired to Your Checking Account
  • Certificate accounts can be opened up to a maximum of $100,000

CDs renew automatically at maturity for the same term at the rate in effect at the time. If you don’t want to renew, you have a 10-day grace period to let Bank of Internet know online, by phone or in writing. For more information on their certificates, check out their sign up page.