More Banks Close, Failed Banks in 2010 Well Ahead of 2009
March 19, the FDIC closed seven more banks bringing the total number of closures in 2010 to 37. At this time last year, the FDIC had brought the curtains down on just 20 banks. Many small community...
View ArticleSix Month CD Rates March 29, 2010
This week, the average of the best six month CD rates available nationally remained unchanged. The average rate for the top ten best six month CD rates as measured by the SelectCDrates.com weekly CD...
View ArticleOne Year CD Rates March 29, 2010
Yields on one year bank certificates of deposit declined but a very modest sum based on this week’s bank CD rate survey of the top ten best CD rates performed by SelectCDrates.com. The average rate...
View ArticleTwo Year CD Interest Rates March 29, 2010
Midterm certificate of deposit rates continued to wear down over the past week. The average rate on the best two year bank CDs dropped once again according to the weekly CD interest rate survey...
View ArticleThe Best One Year CD Rates April 19, 2010
The yield on the average one year CD was down for the week according to the most recent survey of bank CD rates performed by SelectCDrates.com. The average one year CD rate moved lower by three basis...
View ArticleFive Year Bank CD Interest Rates April 26, 2010
The average yield for five year CDs, as surveyed by SelectCDrates.com in the weekly survey of bank CD rates, remained stable for the week ending April 21, 2010. The average rate for the top ten best...
View ArticleFive Year CD Interest Rates May 10, 2010
Five year bank CD interest rates fell modestly for the week that ended May 7, 2010. The average rate for the top ten highest five year CD rates fell by just one basis point or 1/100 of a percent....
View ArticleThe Best Six Month CD Interest Rates May 17, 2010
The best six month CD interest rates available nationally stumbled slightly for the week ending May 14, 2010 according to the bank CD rate survey performed by Selectcdrates.com. The average of the top...
View ArticleSix Month CD Interest Rates May 24, 2010
Six month CD rates pulled out of the current downward slump and managed to produce a small gain in yield for the week ending May 21, 2010. The average rate of the top ten best six month CD rates...
View ArticleBank Rate News December 27, 2010
Summary of current bank rate news for December 27, 2010. On Saturday, Dec. 25, China’s central bank announced an increase in the one year bank lending and bank deposit interest rates. The People’s Bank...
View Article