Best On-line CD Rates

Today we'll provide a smorgasbord of the Best On-line CD Rates.

And while I'm working hard to bring you some of the highest yields around, let me know what you find and I'll write a post about it so that we can share with everyone.

Alliant Federal Credit Union, Chicago, IL
Alliant consistently has high CD Rates. Currently they have a 3.15% APY for 1Y to 18mos and a 4.00% APY for a 4-year CD. You won't find many of those interest rates elsewhere. You do have to be a member of the credit union but they have nationwide membership through the National PTA. Site.

GMAC Bank, Midvale UT. Lately GMAC has had very competitive rates. They are currently offering a 2.85% APY. That is down a little form last week, when it stood at 2.95% APY. They also have a 2-year CD at 3.05% APY. Site.

Acacia Federal Savings Bank,
Acacia has one of the top 5-year rates in the country. It currently stands at 3.80% APY. Although, anything near 4.00% is a good rate, 5-years maybe a little long in this environment. Although CD Rates are bound to stay low for 2-years or so, they will most likely go up way before the 5-year time period. If you already have plenty of CDs coming due in the next few years, a 5-year CD wouldn't be that bad of an idea. As the CDs come do, you can take advantage of higher yields if there are any. Site.

BankDeals has some nice rates posted.
They have Royal Asian Bank and Royal Bank America. They both have a 3.25% for a 17-month CD. They are owned by the same holding company, but separately insured.
Follow the link for Royal Asian or the link for Royal Bank America for more details. They require a branch visit, but have branches in PA, NJ, and NY.

BankVibe has a some good deals. Especially a high yielding checking account, 5.25% and the "Mega Money Market Account" at 3.10% APY. These are offered by RedNeck Bank. Yep, they are FDIC insured. Although, the real bank is Bank of Wichitas. RedNeck Bank is their on-line bank. It is a fun site, complete with an outhouse. The checkcard with the Donkey on the front would be fun, but I wonder how many stores would think it is a real card. The site is a hoot. I think I'm going to apply for the fun of it. That's their motto, "Where bankin's funner. Site.


That seems like a pretty good list of the Best On-line CD rates (with a smidgen of Savings/Checking to boot).

Let me know what you've got.

Also check out a new blog, Highest IRA CD Rates.