Investment

» TonyFromGlendale - Site for CD rates

I recently discovered a site that gives the best rates that readers can find for CD's, MM's, Savings Accounts, etc. For example posted today July 31, 2006 is a 6%, 9 month, CD rate at World Savings. I love checking the site. The webb address is:

www.bankdeals.blogspot.com

-- posted by TonyFromGlendale

» TonyFromGlendale - World, 6.01%, 9 month CD

The World promotion is not advertised according to bankdeals.blogspot.com but rather a CD available with a mailed-letter-promotion. If you say you want the same CD that your friend got from a letter promotion, you can usually get it.
We have a World branch near here and I have done just that in the past. The bankdeals.blogspot.com gives all the details. New money though. I have had a World cd mature, got my check, put it in my checking account, and then gone back a couple days later with my personal check to open a CD with "new money." At least it worked for me. The site is speculating that these higher rates might be something to tie up for longer time periods as the higher and higher rates may be over with. Maybe.

-- posted by TonyFromGlendale

» runner26 - World, 6.01%, 9 month CD

In response to World, 6.01%, 9 month CD posted by TonyFromGlendale:

I was a world savings customer from 1980 through 2005. I am no longer a customer due to the changes that have occurred recently. They always had good rates. Then they moved to these promotonal rates they offer are only for new money or new customers. It offended me as a 25 year "loyal" customer to not be offered top rates, and have to go through rediculous hoops like transfer the money out and back in to get the rate.

I have moved everything the the Golden 1 Credit Union (California) (12 year customer with them) which always allows current money into their promotional rates. Currently offering a 6% APY 12 month rate, 2500 minimum with a one time Jump-Up provision. They have been great and often have really good promotions. Also, if they make too much money, they have in the past deposited the profits in cash into each of your accounts.

-- posted by runner26

» runner26 - 6% APY 12-month CD

Flipped another maturing T-bill today to Golden 1 Credit Union which is still offering the 6% APY Bump-up 12-month CD.

-- posted by runner26

» TonyFromGlendale - Credit Union Insurance

How does the insurance work at a C/U. Is there a limit of $100,000 like at FDIC insured banks? Thanks.

-- posted by TonyFromGlendale