Residents of Massachusetts and New Hampshire now have a reason to cheer! They can make their money earn more as compared to people in most other region of the United States. The Workers’ Credit Union that has its branches in these two states is offering highly competitive rate of 15 month CDs. You can earn up to 1.60% APY for a 15 month CD when you decide to opt for …

Enjoy guaranteed rates and free gifts as a special money market account deal at Old Harbor Bank in Florida. This offer is open to the locals in this region till the 1st of October, 2011. If you opt for a minimum balance of $50000, you can earn an APY of 1.25% and if you opt for a $25000 minimum balance, you will be able to earn an interest rate of …

 “Does the US government have something to do with the rates of interest offered by banks and other thrift institutions regarding Certificate of deposits and savings accounts, especially when the State is experiencing financial difficulties?” This is the question of most Americans nowadays, frightened by the possibility of not getting the most out of their CDs specifically because of the wide-reaching recession that is happening around the globe. The answer …

Have you ever wondered about the difference between having a savings account and a certificate of deposit in the bank? What does a certificate of deposit means? A CD is one of the products offered by most banks and credit unions which are almost like a savings account, where in you can never touch or get until the maturity date of the CD comes. CD is protected by FDIC (The …

Herbert Hopwood, Hopwood Financial Service president, mentioned that people keep the rates short, and their income course goes way down. The reason people would have a bond and CD ladder is that they do not have any idea about it. Is CD laddering of importance at this point in time? At present, CD ladders are made for a short time until midterm maturities. That is good for a five until …