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Archive for 6 Month CD Rates

Ally Bank Moves To Top Of The 6 Month CD Rates

By BankAim · Comments (1)
Friday, October 15th, 2010

Ally Bank is now offering one of the top 6 month CD Rates at 1.10% APY with no minimum deposit. They come in just behind Aurora Bank which is offering the top 6 month CD at a rate of 1.15% APY with a minimum deposit of $0.

Ally Bank is one of the highest rated banks according to Bankrate and offers some of the best CD rates on the market. Ally Bank also offers a Ten Day Best Rate Guarantee, which means that if the interest rates increase within ten days of opening the certificate of deposit, you will automatically receive the higher rate for the duration of your term.

Ally Bank makes it easy to open an account and start saving with their certificates of deposit. Open your account online in any of the 50 states to get this great deal.

Be sure to check out our CD rates board for the most up to date rates.

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Flagstar CD Rates – Great 6 and 12 month Options

By BankAim · Comments (0)
Tuesday, July 20th, 2010

Flagstar CD RatesFlagstar Direct is offering some pretty competitive nation wide 6 month and 12 month CD Rates.

Flagstar CDs are FDIC insured and the rate will remain locked the entirety of the term.

Flagstar CD Rates:

  • 6 Month – 1.25% apy – $500 Minimum Deposit
  • 12 Month – 1.55% apy – $500 Minimum Deposit

Certain fees will be applied to your CD for early withdraw. Those fees are as follows:

  • 6 Months — A fee equal to 30 days of interest, whether the interest is earned or unearned.
  • 12 Months — A fee equal to 180 days of interest, whether the interest is earned or unearned.

Other important disclosures:

  • No additional funds after opening may be deposited before maturity.
  • You may withdraw interest any time during the term after the interest is credited to your account.
  • Visit Flagstar CD Rates page here for more information.

Why open a Certificate of Deposit?

When opening a CD with Flagstar, or other financial institutions, you are putting your money in a low-risk investment with a guaranteed competitive rate. Your money remains secure in a CD.  Placing your money in volatile investments or low interest savings accounts can be risky and less rewarding.  Investing in a CD is quick easy and you will always reap a reward.

Remember to check out our Best CD Rates Nationwide.

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Colorado Federal Savings Bank CD Rates

By BankAim · Comments (0)
Sunday, July 11th, 2010

Colorado Federal Savings Bank is offering a competitive 1.15 percent APY 6 Month CD for deposits of $5,000 or more. The 6 Month CD rate is almost double the national average and is still better than the national average 12 month CD rate of 0.83%

A 6 month CD at 1.15% is a great deal with little risk. If rates increase in the next 6 months you will be out of this CD and ready for the next best CD. Interest rates are expected to increase later this year and into early next year so if you plan on investing long term into a CD, it would be best to wait until rates increase. Another option is to get into an Ally CD with the option of a one time rate increase. We are seeing more and more banks give this option, which allows you to lock in a higher rate while being locked into a long term CD. Without a one time option to increase your rate, you would have to get out of the CD (certificate of deposit), pay an early termination penalty and then lock into the higher rate.

Colorado Federal Savings Bank is also offering a 12 month CD at 1.45% APY and a 24 month CD at 1.95% APY, which are both higher than the national averages of 0.83% and 1.30% respectively.

They are also offering 36 month CD rates at 2.30% APY and 60 month CD rates at 2.80% APY.

For the most current rates from Colorado Federal Savings Bank, visit their CD Rates page here.

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Highest CD Rates In Oklahoma City, OK – October 2009

By BankAim · Comments (0)
Wednesday, October 28th, 2009

Here is a list of the highest yielding CD (certificate of deposit) rates for the residents of Oklahoma City, OK. These CD rates will come in the form of the 6 month CDs, 12 month CDs and 24 month CDs. After going through several rate pages from local banks and credit unions serving Oklahoma City and most of Oklahoma, we have found that most rates are lower than the national average, you are better off finding national institutions than with local ones.

Keep in mind that CD rates are always changing and are time sensitive in nature, so be sure to check the date of this article for accuracy. You can always find the best national CD rates from our CD rates page.

How we came up with this list:

The highest CD rates are usually kept for the longer maturities and/or those with the highest minimum deposit and since we wanted to keep in mind that our average investor does not have loads of money stashed around, we wanted to give you more options with the best CD rates that we have found.

Highest 6 Month CD Rates In Oklahoma City, OK:

  • Sooner State Bank (The Village, OK) – 6 month CD yields 2.02% APY with a minimum deposit of $10,000.
  • Communications Federal Credit Union – 6 month CD yields 1.90% APY with a minimum deposit of $1,000.
  • WEOKIE Credit Union (Edmond, OK) – 6 month CD yields 1.87% APY with a minimum deposit of $1,000.

Highest 12 Month CD Rates In Oklahoma City, OK:

  • Midfirst Bank – a promotional 15 month CD yields 2.10% APY with a minimum deposit of $5,000.
  • Sooner State Bank – 12 month CD yields 2.07% APY with a minimum deposit of $10,000.
  • Oklahoma Employees Credit Union – 12 month CD yields 2.02% APY with a minimum deposit of $500.

Highest 24 Month CD Rates In Oklahoma City, OK:

  • Tinker Federal Credit Union (Bethany, OK) – 24 month CD yields 2.68% APY with a minimum deposit of $10,000.
  • Communications Federal Credit Union – 24 month CD yields 2.55% APY with a minimum deposit of $1,000.
  • Sooner State Bank’s – 24 month CD yields 2.53% APY with a minimum deposit of $1,000.

All of the above banks and credit unions are federally insured by either the FDIC or NCUA. Be sure to check with your bank to make sure they are still federally insured and do not give them your money if they are not. If you live in or around Oklahoma City, OK and know of better CD rates please let us know.

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Highest CD Rates In Alaska – October 2009

By BankAim · Comments (0)
Tuesday, October 27th, 2009

These are the highest CD (certificate of deposit) rates we have found for the residents of Alaska. These rates are listed in the 6 month CDs, 12 month CDs and 24 month CDs. After going through many local banks and credit unions serving the cities of Anchorage, Juneau and the surrounding state of Alaska, we have found that you may find higher rates with national banks than with local ones.

Be sure to remember that these rates are time sensitive and that the information provided may be out of date depending on the date of this article. CD rates are constantly changing so we encourage you to keep up to date with our list of the best CD rates currently available.

We have put together a list of the highest paying CD rates based on the 6 month, 12 month and 24 month terms. We already know that the longer the maturity the higher the CD rate will be, but wanted to keep our list simplified.

Highest 6 Month CD Rates In Alaska, AK:

  • Nexity Bank – 6 month CD yields 1.65% APY with a minimum deposit of $1,000. This is a national bank and will accept deposits from any state.
  • Advancial Federal Credit Union (Anchorage branch) – 6 month CD yields 1.48% APY with a minimum deposit of $1,000.
  • Denali Alaskan Federal Credit Union (Juneau branch) – 6 month CD yields 1.35% APY with a minimum deposit of $500.

Highest 12 Month CD Rates In Alaska, AK:

  • Tongas Federal Credit Union (Metlakatla, AK) – 12 month CD yields 2.35% APY with a minimum deposit of $500.
  • Alps Federal Credit Union (Sitka, AK) – 12 month CD yields 2.25% APY with a minimum deposit of $500.
  • Denali Alaskan Federal Credit Union – 12 month CD yields 2.06% APY with a minimum deposit of $500.

Highest 24 Month CD Rates In Alaska, AK:

  • Hudson City Savings Bank – 24 month CD yields 2.50% APY with a  minimum deposit of $5,000. This is a national bank and will accept deposits from any state.
  • Alps Federal Credit Union – 24 month CD yields 2.32% APY with a minimum deposit of $500.
  • Denali Alaskan Federal Credit Union – 24 month CD yields 2.30% APY with a minimum deposit of $500.

All of the above banks and credit unions are federally insured by either FDIC or NCUA. Always be sure your bank or credit union is federally insured before giving them your money. If you live in or around Alaska and know of better rates please let us know.

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