Best Bank Rates December 2009
The best bank rates December 2009 involve banks that span the country.
The best bank rates on any form of savings or spending from a financial institution is the checking account from Legacy national bank with their Checking account. The Legacy Rewards Checking account returns an APY of 5.01% on the balance that is below $30,000. There are requirements like the debit card must be used 10 times a month but it only takes a minimum deposit of $100 to open with unlimited transaction.
If you are interested in a money market account, look towards EverBank. For more than a month, they have offered the investor an APY on their money market account of 2.51%. It does only last for 3 months then is reduced to 1.77% or less depending on the deposit amount, but it is still the best rate out on the market place.
The best CD rates are determined by the term you wish to use. There is a credit union in Idaho that is offering 3.40% APY on 5 year CDs. The name of the financial institution is Potlatch No. 1 Credit Union. This is the same rate that is offered by Goldwater Bank out of Arizona. The difference is that from the Arizona bank you must have $50,000 to deposit while in Idaho you only need $500.
Looking for the best bank rates December 2009 can seem like tedious work so check back here regularly. Looking for the best rates for you is what I do all day long.
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Filed under: Certificates of Deposits, Checking Accounts, Money Market Accounts
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