4.70% 24-Month / 4.30% 12-Month CD at a Florida Bank (Mercantile)
[from Bank Deals - Best Rates and Deals]
Mercantile Bank is advertising some very attractive CD rates. These include a 4.70% APY 24-month CD, a 4.30% APY 12-month CD and a 4.00% APY 6-month CD. The minimum deposit is $2,500, and the maximum allowable deposit is $250,000. Deposits must be money new to the bank. These rates don’t seem to be listed at the bank’s website. They were advertised in today’s Orlando Sentinel and Tampa Tribune.
4.00% 4-Month CD at a NY/NJ/CT Bank (Hudson City Savings)
[from Bank Deals - Best Rates and Deals]
Hudson City Savings Bank is offering a 4.00% APY 4-month certificate of deposit. The minimum deposit is $500. There are different rate tables for the 3 states, but all seem to have this same rate.
My last report on this bank was in October 2007 when it was offering a 5.30% 6-month CD.
Above the rate table it states that Bank by Mail deposits welcome, but only for long term CDs. So it appears a
4.50% 12-Month CD at a Florida Bank (Freedom)
[from Bank Deals - Best Rates and Deals]
Freedom Bank is advertising a 4.50% APY 12-month CD. The minimum deposit is $500. This doesn’t seem to be listed at the bank’s website. It was advertised in today’s Bradenton Herald newspaper. The ad is available online here.
It appears that a branch visit is required to open accounts. Branches are located in Bradenton and Sarasota Florida.
Freedom Bank has been hurt by bad loans in this real
In what other country…
[from ]
are poor people morbidly obese?
Review: Is Your Genius at Work?
[from The Simple Dollar]
Each Sunday, The Simple Dollar reviews a personal productivity, personal development, or business/entrepreneurship book of interest.
A little while back, I discussed my thoughts on finding a career - in a nutshell, my belief is that the best possible career is one that balances your passions and your natural talents. Is Your Genius at Work? […]
Clothes Shopping for Frugal Families: Our Strategy
[from The Simple Dollar]
Over the last week or so, I’ve seen and heard a lot of parents grumbling about the exorbitant cost of buying school clothes for their kids for the upcoming year. A few parents are at least putting all of their eggs in the basket of the upcoming tax holiday on clothes in Iowa - […]
Why We Buy Into the Herd, Even When It’s Not Good for Us
[from ]
After IndyMac Bancorp failed, customers waited in line for hours to collect their money. The police had to be called in to quell the mob. The scenes brought to mind dire moments from the Great Depression. This time, with satellite TV trucks parked outside the bank’s branches, the world watched la…
Will Investors Flock Back to Financials?
[from washingtonpost.com - Personal Finance]
If you have any money in financial stocks, last week was a dizzying one for you. And this week might not be any better, analysts and investment strategists said.
Lawsuit Threatens Sarbanes-Oxley Act
[from washingtonpost.com - Personal Finance]
Just when you thought that the drive toward better financial accounting couldn’t be stopped, a stick may be shoved into the spokes. A decision expected soon from a federal court might throw the Sarbanes-Oxley Act into limbo. The law, also known as SOX, is essential to the movement for accurate an…
Raiding the Retirement Stash
[from washingtonpost.com - Personal Finance]
Would you still put money in a tax-advantaged retirement fund if you couldn’t touch it until you retired?
Jim Ludwick
[from washingtonpost.com - Personal Finance]
Go on a budget. Cut back on spending. Reduce retirement savings beyond the company matching level.
Ryan B. Wibberley
[from washingtonpost.com - Personal Finance]
A job loss can less painful if you’re prepared and have your finances in order.
Barry Glassman
[from ]
Get back to basics: Know what you make and what you spend. Separate your expenses into fixed: mortgage or rent, utilities, etc.; and discretionary: entertainment, cleaning services, etc.
Mortgage-Finance Flops
[from washingtonpost.com - Personal Finance]
How bad has it been for mortgage-finance firms and thrifts? Of 168 publicly traded companies, 95 percent suffered stock declines in the past year through Tuesday, which was before last week’s bounce. Nine of the stocks were trading at less than $1. Among the worst hit: Radian, a provider of finan…
More Anecdotes, Fewer Numbers
[from washingtonpost.com - Personal Finance]
After a hectic week of economic news, it’s time for a breather. This week should be far less busy than last week’s combination of inflation data and Federal Reserve Chairman Ben S. Bernanke’s testimony on Capitol Hill. Instead, we get a week highlighted by a report with essentially no numbers in …
How Long Can Gold Shine?
[from ]
Financial crisis, slowing economy, rising inflation — what a perfect recipe for a boost in gold prices and shares of gold-related companies.
Work Out a More Manageable Payment for Medical Treatment
[from washingtonpost.com - Personal Finance]
Lighting a metaphorical fire under a hospital or other medical provider could prompt it to slash a few zeroes from your bill.
How to Side Step Some Charges When Renting or Buying a Car
[from washingtonpost.com - Personal Finance]
Kiplinger’s Personal Finance shows you how to avoid the most annoying fees and save thousands of dollars a year
Keep the House, Especially When You Can Afford It
[from washingtonpost.com - Personal Finance]
Q The value of our family’s home, bought at the peak of the housing market two years ago, has declined so much that we’ve lost all our equity, and it’s now worth less than the mortgage. But the fixed-rate monthly payment hasn’t changed, and we can comfortably afford it.
Taming Costly Vet Bills
[from ]
Keeping your furry friend happy and healthy may not be as easy as you think. Medical bills and pet insurance can be expensive but necessary.
Gas Pumping Secrets From a Physics Whiz
[from Best CD (Certificate of Deposit) Rates, Money Market Rates, High Interest Accounts]
I hung out with a fluid engineer who works for Chevron in San Ramon, CA. His job is to design oil pipelines that safely transport oil using the least amount of energy and money.
This dude is a total physics master, and he knows everything you could possibly know about pumping gas. He told me […]
Bank Deals Weekly Summary for July 19, 2008
[from Bank Deals - Best Rates and Deals]
Quick Link for Rates, Recap of this week’s posts
In the last couple of days a few major banks have started some nice CD specials. Bank of America started offering a 4.11% APY for a 7-month Online High Yield CD (see post) and Countrywide Bank (which is now part of BofA) started a similar 7-month CD special with a 4.10% APY (see post). I just reported today on WaMu’s new Online CD special: 4.25%
Diversify From Within
[from Forbes.com: Personal Finance News ]
In a chaotic market, go for stocks like these three with good diversified revenue streams.
Why I’m Not Panicking - And You Shouldn’t, Either
[from The Simple Dollar]
Over the last three or four days, I’ve received a bunch of emails from readers asking me why I’m not talking breathlessly about the chaos at Freddie Mac, Fannie Mae, and IndyMac. I’ve read dozens of long explanations of why this is disastrous and why it’s the worst thing people have ever seen, and […]
4.25% 8-Month and 12-Month Online CDs at WaMu
[from Bank Deals - Best Rates and Deals]
Washington Mutual just recently increased the yield on some of its Online CDs. They now have an 8-month and a 12-month CD with a yield of 4.25% APY. The minimum deposit is $1,000.
The competition is heating up. Yesterday, Bank of America and Countrywide Bank came out with a 4.10% APY 7-month CD (see post). And Wachovia extended its high yield Featured CDs for another few weeks (see post). To see
Weekend Personal Finance Reading
[from SavingAdvice.com Blog]
Weekend reading is a round-up of personal finance and money related stories that caught the eye of our forum members this week:
How to stop worrying and learn to love the bear
Inspiration for wannabe entrepreneurs
Top 10 Ways to Trick Yourself into Saving Money
Credit Card Forensics
What Type of Billionaire Would You Be?
[…]
FDIC’s Website to Assist Indymac Depositors on Insurance Coverage
[from Bank Deals - Best Rates and Deals]
I was monitoring the FDIC press release site this afternoon hoping we don’t see a repeat of last Friday with another bank closure. Instead of news of a bank failure. this press release appeared:
The Federal Deposit Insurance Corporation (FDIC) has created a Web site that enables depositors at IndyMac Federal Bank, FSB, to verify whether their account is fully insured. The Web site also contains a
Gassy Energy Buys
[from Forbes.com: Personal Finance News ]
Natural-gas stocks are down in recent sessions, but bullish options traders might consider loading up on calls.
Wachovia’s High Yield Featured CDs Have Been Extended
[from Bank Deals - Best Rates and Deals]
After waiting on the phone for 20 minutes this afternoon, I received confirmation from a Wachovia banking rep that they’re extending the scheduled expiration date of their Featured CDs to August 5, 2008. As I had reported in my Tuesday’s post, today was originally scheduled as the expiration date. According to the banking rep, all the Featured CD rates remain the same. As is always the case,
Single-Letter Stock Buys
[from Forbes.com: Personal Finance News ]
These nine stocks all have ticker symbols with just one letter, and their shares look like good values.