|
01.10.2013 19:55:00
|
Little Action In CD Rates Leaves Savers Waiting For Direction On Rate Changes
NEW YORK, Oct. 1, 2013 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that national averages for 3-year CD rates slipped this week as all other rates generally remained unchanged at record-low levels.
(Logo: http://photos.prnewswire.com/prnh/20130102/NY35868LOGO-b)
(Logo: http://photos.prnewswire.com/prnh/20130219/NY62571LOGO)
"There has been little action in CD rates since the Fed announced it would continue its economic stimulus program without any changes," reported Joe Deaux, TheStreet's Economics Analyst. "Savers may have to wait until the end of October, when the central bank will again determine whether to scale back its monthly asset purchases, for any direction on rate changes. Market participants would see a so-called taper as the Fed's early step toward raising the federal funds rate."
NATIONAL AVERAGE RESULTS - $10K
This week | Last week | |
Money Market | 0.11 | 0.10 |
1 month CD | 0.06 | 0.06 |
3 month CD | 0.09 | 0.09 |
6 month CD | 0.14 | 0.14 |
1 year CD | 0.23 | 0.23 |
2 year CD | 0.37 | 0.37 |
3 year CD | 0.50 | 0.51 |
4 year CD | 0.63 | 0.63 |
5 year CD | 0.82 | 0.82 |
TOP RATE ISSUERS - $10K
This is a list of issuers with top interest rates. The issuer's Financial Strength Rating isan independent, unbiased evaluation of quarterly regulatory statements. Institutions are assigned a letter grade of A-E with "A" representing the highest rating based on a review of many aspects of financial safety including capitalization, asset quality, profitability and liquidity. For more information, visitwww.weissratings.com/help/what-our-ratings-mean.aspx. Information is believed to be accurate, but not guaranteed.
Money Market | Financial Strength Rating | Minimum to Earn Interest | APY |
First NBC Bank | B- | 10000 | 1.260 |
504-671-3550 | |||
www.firstnbcbank.com | |||
Doral Bank | D- | 5000 | 0.950 |
212-584-6820 | |||
www.doralbankny.com | |||
Sallie Mae Bank | A- | 1 | 0.900 |
801-281-1423 | |||
www.salliemaebank.com | |||
Salem Five Direct | B- | 1 | 0.900 |
800-850-5000 | |||
www.salemfivedirect.com | |||
Mercantil Commercebank, National Association | C | 10000 | 0.900 |
305-460-8701 | |||
www.mercantilcb.com | |||
1 Month CD | Financial Strength Rating | Minimum to Earn Interest | APY |
Pacific Trust Bank, FSB | C+ | 1 | 0.800 |
877-441-2265 | |||
www.pacifictrustbank.com | |||
Carter Bank & Trust | C+ | 2500 | 0.500 |
276-632-2901 | |||
www.carterbankandtrust.com | |||
Beal Bank USA | B- | 1000 | 0.400 |
702-598-3500 | |||
www.bealbank.com | |||
Umbrellabank.com | C | 1000 | 0.400 |
866-862-7355 | |||
www.umbrellabank.com | |||
Beal Bank, SSB | C | 1000 | 0.400 |
619-894-8066 | |||
www.bealbank.com | |||
3 Month CD | Financial Strength Rating | Minimum to Earn Interest | APY |
Pacific Trust Bank, FSB | C+ | 1 | 0.800 |
877-441-2265 | |||
www.pacifictrustbank.com | |||
Beal Bank USA | B- | 1000 | 0.510 |
702-598-3500 | |||
www.bealbank.com | |||
Umbrellabank.com | C | 1000 | 0.510 |
866-862-7355 | |||
www.umbrellabank.com | |||
Institution for Savings In Newburyport | B | 1 | 0.500 |
978-462-3106 | |||
www.institutionforsavings.com | |||
Doral Bank | D- | 500 | 0.500 |
850-914-2525 | |||
www.doralbankflorida.com | |||
6 Month CD | Financial Strength Rating | Minimum to Earn Interest | APY |
Doral Bank | D- | 500 | 1.000 |
212-584-6820 | |||
www.doralbankny.com | |||
Pacific Trust Bank, FSB | C+ | 1 | 0.800 |
877-441-2265 | |||
www.pacifictrustbank.com | |||
Beal Bank USA | B- | 1000 | 0.750 |
702-598-3500 | |||
www.bealbank.com | |||
Discover Bank | C+ | 2500 | 0.650 |
888-765-6654 | |||
www.discoverbank.com | |||
VirtualBank | B- | 10000 | 0.650 |
561-776-8860 | |||
www.virtualbank.com | |||
1 Year CD | Financial Strength Rating | Minimum to Earn Interest | APY |
Doral Bank | D- | 500 | 1.200 |
212-584-6820 | |||
www.doralbankny.com | |||
Beal Bank USA | B- | 1000 | 1.110 |
786-347-3601 | |||
www.bealbank.com | |||
Eloan.com | C- | 10000 | 1.100 |
888-533-5333 | |||
www.eloan.com | |||
Nationwide Bank | B+ | 10000 | 1.010 |
614-249-6226 | |||
www.nationwide.com | |||
Ally Bank | B+ | 1 | 0.940 |
877-247-2559 | |||
www.ally.com | |||
2 Year CD | Financial Strength Rating | Minimum to Earn Interest | APY |
Doral Bank | D- | 500 | 1.450 |
212-584-6820 | |||
www.doralbankny.com | |||
Salem Five Direct | B- | 10000 | 1.250 |
800-850-5000 | |||
www.salemfivedirect.com | |||
Flushing Commercial Bank | C+ | 5000 | 1.200 |
718-512-2929 | |||
www.flushingbank.com | |||
Guaranty Bond Bank, National Association | B+ | 1000 | 1.150 |
903-572-9881 | |||
www.gnty.com | |||
Emigrant Bank | C+ | 1000 | 1.150 |
212-850-4521 | |||
www.emigrant.com | |||
3 Year CD | Financial Strength Rating | Minimum to Earn Interest | APY |
First NBC Bank | B- | 10000 | 1.820 |
504-671-3550 | |||
www.firstnbcbank.com | |||
Doral Bank | D- | 500 | 1.600 |
212-584-6820 | |||
www.doralbankny.com | |||
Salem Five Direct | B- | 10000 | 1.500 |
800-850-5000 | |||
www.salemfivedirect.com | |||
Intervest National Bank | C | 2500 | 1.450 |
212-218-8383 | |||
www.intervestnatbank.com | |||
Community Bank | C+ | 1000 | 1.400 |
800-239-9427 | |||
www.dodcommunitybank.com | |||
4 Year CD | Financial Strength Rating | Minimum to Earn Interest | APY |
Institution for Savings In Newburyport | B | 1 | 2.000 |
978-462-3106 | |||
www.institutionforsavings.com | |||
HarborOne Bank | U | 1 | 2.000 |
508-895-1000 | |||
www.harborone.com | |||
Doral Bank | D- | 500 | 1.650 |
212-584-6820 | |||
www.doralbankny.com | |||
Emigrant Bank | C+ | 1000 | 1.650 |
212-850-4521 | |||
www.emigrant.com | |||
Intervest National Bank | C | 2500 | 1.650 |
212-218-8383 | |||
www.intervestnatbank.com | |||
5 Year CD | Financial Strength Rating | Minimum to Earn Interest | APY |
Charles Schwab | U | 1000 | 2.100 |
800-435-4000 | |||
www.schwabbank.com | |||
iGObanking.com | C+ | 1000 | 2.050 |
888-432-5890 | |||
www.igobanking.com | |||
EverBank | C | 1500 | 2.010 |
888-882-3837 | |||
www.everbank.com | |||
Institution for Savings In Newburyport | B | 1 | 2.000 |
978-462-3106 | |||
www.institutionforsavings.com | |||
Compass Bank | C | 1 | 2.000 |
205-297-1986 | |||
www.bbvacompass.com |
Financial Strength Rating: A=Excellent, B=Good, C=Fair, D=Weak, E=Very Weak, U=Unrated
Plus sign "+" = top of range, Minus sign "-" = bottom of range
Data is surveyed weekly with averages calculated each Monday afternoon from RateWatch's unbiased national interest rate survey of over 96,000 financial institution locations across the United States.
About RateWatch
For over 20 years, RateWatch has been the premier provider of competitive interest rate and product information to financial institutions across the United States. Consistently providing top quality, highly relevant data RateWatch maintains the largest database in the industry with deposit, loan, and fee information monitoring over 96,000 locations. Rate surveys, product comparisons, financial strength reporting, local/regional/national averages, fee reporting, specialty reports and more are available. To learn more about RateWatch, visit www.rate-watch.com. RateWatch is a division of TheStreet, Inc.
About TheStreet
TheStreet, Inc. (www.t.st) is the leading independent digital financial media company providing business and financial news, investing ideas and analysis to personal and institutional investors worldwide. The Company's portfolio of business and personal finance brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, MainStreet and RateWatch. To learn more, visit www.thestreet.com. The Deal, the Company's institutional business, provides intraday coverage of mergers and acquisitions and all other changes in corporate control. To learn more, visit www.thedeal.com.
Contact:
Emily Schneider
TheStreet, Inc.
212-321-5521
emily.schneider@thestreet.com
Joe Deaux
TheStreet, Inc.
212-321-5086
joseph.deaux@thestreet.com
SOURCE TheStreet, Inc.
Der finanzen.at Ratgeber für Aktien!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu TheStreet Inc.mehr Nachrichten
| Keine Nachrichten verfügbar. |
Analysen zu TheStreet Inc.mehr Analysen
Nachrichten
ETF-Sparplan
Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.